Online Casino and Gambling News: May 2018

500.com Signs Lottery Deal, Financials Struggle

Chinese betting group 500.com is continuing to struggle fiscally as an online lottery freeze continues to impact the industry. To combat matters a bit, the group announced that they've signed a land-based lottery agreement in an effort to diversify its interests.

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Wazdan Shows Off 'Double Tigers' Slot

Internet casino game developer Wazdan has revealed their new video slot 'Double Tigers', which has been developed with the Asian betting market in mind.

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Paddy Power Betfair Planning to Purchase FanDuel

Online betting giant Paddy Power Betfair is reportedly planning on purchasing daily fantasy sports group FanDuel in the wake of the U.S. Supreme Court throwing out a sportsbetting ban in the country.

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JackpotJoy Revenues Spike in First Quarter

Internet betting group JackpotJoy has announced their first quarter financial results, noting that revenues spiked by 13% and losses were cut by half.

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Fallout from Supreme Court Ruling on Sports Betting

A day after the U.S. Supreme Court overturned the sportsbetting ban in the country, the fallout has already begun, as state lawmakers begin introducing legislation to regulate the activity at a state level, sports leagues are lobbying for their interests, and betting companies see their values surge.

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Portugal's Poker Liquidity Could Begin by End of Month

Poker expansion is coming to Portugal, as the country's online poker liquidity with other countries could go live by the end of this month, with giants such as PokerStars in the mix.

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GiG to Add Relax Table Games

Online betting group Gaming Innovation Group has announced that they've inked a deal with Relax Gaming and will work to integrate the developer's table games into their platform as a result.

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Volt Casino Adds Wazdan Games

Internet betting site Volt Casino announced this week that they've added Wazdan titles to their library, bringing a slew of new games to punters.

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Opinion: Supreme Court Ruling Will Change Everything

Today the United States Supreme Court ruled to strike down an existing sportsbetting ban and opened the possibility for states to legalize and regulate the activity how they see fit. This ruling will have long-lasting repercussions for many laws, but will likely facilitate the growth of online betting in the country as well.

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Former Mayor Sentenced to 10 Years for Gambling, Bribery

A former mayor in Ohio was sentenced to 10 years in prison after he was convicted of running an illegal gambling ring and taking bribes by a jury.

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