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Genesis Global Lays Off Entire Staff Before Entering Bankruptcy

Employees at Malta-based iGaming operator Genesis Global got some extremely unwelcome news this holiday season as the company laid off its entire workforce. The move came on the heels of the company's declaration of insolvency in a Maltese courtroom and is the latest in a string of extinction-level events that have plagued the company since…

5Dimes Owner Missing and Possibly Kidnapped in Costa Rica

Law enforcement officials in Costa Rica have confirmed that they are looking for 43-year-old William Sean Creighton (AKA Tony) who disappeared and hasn't been heard from since the end of September. Tony is well known in the online gambling world as the owner of the legendary 5Dimes sportsbook, which drew the template for offshore gaming…

Hackers Snatch $65 Million in Bitcoin from Hong Kong BTC Exchange

The bitcoin world is in an uproar this week after hackers made off with $65 million worth of the crypto-currency. The unprecedented heist sparked a massive plunge in bitcoin prices as bitcoin enthusiasts scrambled to understand what had happened. According to a report on Bloomberg.com, the hack took place sometime Tuesday at Bitfinix, a Hong…

William Hill Exits British Columbia

UK-based operator William Hill abruptly shuttered its operations in the Canadian province of British Columbia. As yet details surrounding William Hill's exit from British Columbia are pretty vague. According to several published reports, users of the site were greeted with a message stating that the company had shuttered the site due to, "regulatory issues." What…

Golden Tiger Casino in Hot Water Over Misleading E-Mail

The Golden Tiger Casino, an online operator based out of Malta, is in hot water this week over a bonus e-mail UK advertising watchdogs say is very misleading. According to published reports, the UK Advertising Standards Authority (ASA) received a complaint recently about an deposit bonus e-mail a Brit had received from the company. The…

US Online Gambling: What’s the Problem?

When the prospect of legal, US online gambling showed up under the Christmas tree back in 2011, operators and affiliates rejoiced. After all, the newly liberated American igaming market was supposed to mean piles of new players for everyone involved. Well, that was then and this is now. Since the DOJ unlocked the doors to…