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  • Betable Raises More Investment for Real Money Gambling Platform
    Jul 20 2013

    Betable Raises More Investment for Real Money Gambling Platform

    Betable has raised a new round of funding led by Venture51; the round is for $15-$20 million and means the company is now worth between $80 million and $100 million. Betable allows for social game developers to add an element of real money gambling to their games. It handles the processing and legality of real

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  • Bally Covers All its Bases with SHFL Acquisition
    Jul 20 2013

    Bally Covers All its Bases with SHFL Acquisition

    Bally Technologies has agreed to buy SHFL entertainment for $1.3 billion to create a casino supplier that can offer almost every product and service needed to operate a casino. The announcement mentioned a number of possible complimentary products; however, it seems more likely that this is about online gaming. Both companies are approved to build

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  • Jason Ader Visits Macau Casinos
    Jul 20 2013

    Jason Ader Visits Macau Casinos

    To keep track of the world casino industry it is a good idea to keep an eye on Jason Ader. Ader is an award winning gaming analyst who is now the Director of Las Vegas Sands and runs his own hedge fund, Ader Investments. Ader recently returned from a trip to Macau, upon his return

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  • Sixteen Arrested in Dubai for Running an Illegal Casino
    Jul 20 2013

    Sixteen Arrested in Dubai for Running an Illegal Casino

    Sixteen men in Dubai have been given jail sentences for running a secret casino, organising online poker games and gambling in an electronic games shop at Jumeirah Beach Residence (JBR). Four of the men received one year sentences while the remaining 12 were jailed for three months each. Only two of the defendants were Emirati,

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