Month: February 2019

OddsShark Banned by New Jersey for Illegal Sportsbook

OddsShark banned by the New Jersey Division of Gaming Enforcement. As a result, the company can’t work with any licensed online bookie in the state. The state’s Attorney General sent a public notice explaining the reason for the ban. The DGE reviewed OddsShark and found out that it is offering unauthorized online sports betting and gaming to New Jersey residents. The agency informed licensed sportsbooks in the state to stop doing business with any illegal gaming websites. OddsShark is one of the online gambling sites in the US offering access to unauthorized offshore betting. After online betting became legal...

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Macau Gambling Revenues Drop for First Time since July 2016

Some bad news came from China’s only gambling hub. Reports showed Macau gambling revenues dropped 5 percent in January. It was the first drop since July of 2016. Industry insiders blamed it on some factors, including the China-US trade war and slow economic growth. The Macau gambling revenues in January is $3 billion, compared to $3.28 billion the previous year. Some casino operators said the smoking ban that took effect on January 1 also affected their business. In addition, some VIP players didn’t gamble that much in January because they are waiting for the Chinese New Year celebrations in...

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