Bally’s has reached an agreement to bring Iowa mobile sports betting to state residents via their new relationship with Elite Casino Resorts. The partnership follows Bally’s recently announced agreement to obtain sports book  provider Bet.Works. Bally’s agreed to purchase the Bet.Works earlier for $125 million. Notably, expansion of Iowa mobile sports betting will be the operator’s initially market place entry in a jurisdiction the place it does not possess a land-primarily based on line casino home. After all pending land-based mostly acquisitions are concluded, which contain further properties in Indiana, Illinois, Louisiana and Nevada, the industry obtain arrangement will mark…

When a sports book in Costa Rica paid off over $46 million to the US Department of Justice, something seemed wrong. After all, what possible motivation would there be when they operate outside of American jurisdiction? Then, the “ah ha” moment! Their eyes were on the prize: A 5Dimes US market entry! The operator agreed to pay $46.8 million in a settlement with the DoJ following an investigation that the operator illegally targeting American customers. Shortly afterward, they announced plans to enter the regulated US sports betting market. In addition, it explained the decision to block US customers, effective 25…

Daily fantasy sports operator DraftKings has hired a “Head of Sportsbook” to deal with its aspirations in the sports betting space, the company announced on Monday. DraftKings also noted that it is opening an office in New Jersey. That’s in addition to existing offices in Boston and New York. The company started indicating its interest in the sports wagering space in 2017. The new hire obviously escalates those plans. DraftKings CEO Jason Robins talked about sports wagering just a few days ago. The potential for legalization of sports wagering around the US looms with the pending New Jersey sports betting…

Jason Robins, chief executive of DraftKings, has denied suggestions that the daily fantasy sports operator could launch a sportsbook service as part of its wider offering. As reported by iGaming Business, US-based DraftKings this week confirmed it had secured a licence to begin operating in the UK. While the US has a very limited sports betting market, with such services only legal in the state of Nevada, the UK offers an open market. Following the confirmation of DraftKings’ licence in the UK, some reports had suggested that the company could launch a sportsbook of its own in an effort to…

Intergame Online – With the big kick-off in Brazil 2014 just a few days away, the world’s first licensed bitcoin-only sportsbook, BetVIP.com, has gone live. BetVIP takes bets and pays out exclusively in bitcoin and only accepts wagers in regulated markets. “BetVIP is not a PR stunt – it is a long-term business venture,” said founder Daniel Schwartzkopff. “Our gaming licence and strict bet acceptance policy demonstrates our commitment to the longevity of the currency,” he added. “There is a massive opportunity to provide both a secure and reliable platform for bitcoin holders and take on the traditional online sportsbooks.”…

iGaming Business – Online gaming operator BetVIP has launched what it describes as the world’s first licensed Bitcoin-only sportsbook ahead of this summer’s Fifa World cup national team football tournament. BetVIP.com takes wagers and pays out winnings exclusively in the virtual currency and only accepts bets in regulated markets. Powered by technology solutions provider BetTech Gaming and accessible online or via mobile device, BetVIP.com offers pre-match and in-play wagering opportunities across hundreds of markets in international sporting events, including the 2014 World Cup, which kicks off tomorrow (Thursday) in Brazil. All first-time customers will also benefit from a 100% first…