Gambling News 24th December, 2015

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MAJOR CHINESE INTERNET COMPANY BUYS E-SPORTS GAME DEVELOPER

24th December, 2015 at 14:34:08
Ten Cent boosts its majority shareholding in Riot Games to full ownership.

Riot Games, developer of the League of Legends multiplayer game that has taken the eSports world by storm, is now a wholly owned subsidiary of billion-dollar Chinese Internet company Ten Cent.

Full Story: Major Chinese Internet Company Buys E-sports Game Developer »

U.K. BROADBAND PROVIDER TO TIGHTEN WEB ACCESS

24th December, 2015 at 06:27:31
Automatic block to be placed on 'adult' sites that include online gambling.

In what is effectively a tightening of internet access in the United Kingdom, broadband services provider Sky has announced that starting early next year its optional block on access to 'adult' sites will become the default setting for new sign-ups, which customers will have to find and change if they want to view categories like online gambling.

Full Story: U.k. Broadband Provider To Tighten Web Access »

NEW JERSEY ONLINE GAMBLING CONTINUES TO GROW

24th December, 2015 at 06:27:31
November 2015 numbers show a 51.3 percent year-on-year increase.

The good news from the New Jersey Division of Gaming Enforcement (DGE) is that legal real-money online gambling in the state continues to grow, with November 2015 revenues up 51.3 percent on the same period last year, and 20.2 percent up on a year-to-date comparison basis, climbing to $134.8 million in 2015.

Full Story: New Jersey Online Gambling Continues To Grow »

TABCORP LEGAL AND COMPLIANCE EXEC BOWS OUT

24th December, 2015 at 06:27:31
Formation of new risk function following money laundering accusations leaves Willcock out in the cold.

After ten years with Aussie gambling group Tabcorp as it's regulatory and compliance executive, Kerry Willcock is leaving the company following accusations by the Australian Transaction Reports and Analysis Centre earlier this year that the company had committed over a hundred breaches of money laundering laws (see previous reports).

Full Story: Tabcorp Legal And Compliance Exec Bows Out »

BETFAIR TO EXIT CANADIAN ONLINE GAMBLING MARKET

24th December, 2015 at 06:27:31
January 14 2016 is Betfair E-Day.

UK online gambling group Betfair, which is about to merge with Paddy Power to create an i-gaming powerhouse, has begun advising its Canadian punters that it plans to exit the market by January 14 2016.

Full Story: Betfair To Exit Canadian Online Gambling Market »