Tag: sports betting
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Colorado Gaming Regulators Fine WorldPay $130,000 for Operating Without a License
Colorado gaming regulators are not messing around regarding sports betting service options. The state’s Limited Gaming Control Commission recently approved a $130,000 fine against WorldPay due to the company operating in April without a license. The Colorado Division of Gaming Enforcement issued the fine after finding that WorldPay processed transactions from April 3-15 that amounted…
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Colorado Auditors Call Out Gaming Regulators Regarding Temporary Betting Licensing Distribution
On Monday, the Colorado Office of the State Auditor released an audit analyzing the state’s first year of sports betting. The report also covered how the Division of Gaming regulated the new industry. The report indicates that the Division was heavy-handed with temporary betting licensing, and the state may be losing out on tax revenue…
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MaximBet and Colorado Rockies Charlie Blackmon sign sportbook partnership deal
As the sports betting industry grows in the United States, operators are looking for more ways to expand and stand out from competitors. For MaximBet, that means signing an active Major League Baseball (MLB) player. The brand announced a new partnership deal with Colorado Rockers outfielder Charlie Blackmon this week. The operator signed an agreement…
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Betsson Group Expands Partnership with Paysafe Offering Alternative Sports Betting Payments in Colorado
This week, the Betsson Group and Paysafe, a top-rated payments platform, announced an expanded partnership agreement. The online gaming operator will now utilize Paysafe payment solutions in the United States via its Betsafe brand. The alternative payment solution options will begin in Colorado and should expand throughout the US over time. Long-Standing Partnership Between Betsson…