Virtual Sports News

How Does Sports Betting Work?

If you’re a complete newcomer to the topic then knowing how it all works can seem baffling at first. There is a myriad of different types of betting, and dozens of sports on which you can bet. It can all seem very confusing. But if you want to discover the basics about the ancient art […]

Layoffs are coming as ESPN shuts down their esports division

ESPN will be shutting down their entire esports division. The division will no longer publish news and their social media will go dark in the next few days. Last Thursday, ESPN announced that they would be eliminating around 10% of their workforce. That equates to 300 layoffs and 200 positions remaining vacant. In a memo […]

Bayern Munich joins Sorare’s collectibles platform on the blockchain

FC Bayern Munich is the latest sports club to join Sorare’s blockchain collectibles platform. They are the third Bundesliga club and 102nd club overall to join. What is Sorare? The platform is a fantasy football game based on the Ethereum blockchain network. Players can use and trade limited edition virtual football player cards to build […]

Sports Betting Still Set for 2021 Launch in Virginia

The licensing process for sports betting in Virginia has begun, with regulators eyeing up a launch in early 2021. The Virginia Lottery Commission, which regulates gambling in the state, held a quarterly meeting last Wednesday. It had already approved regulations in September and began accepting applications for licenses in October. Those applications were accepted between […]

How will the second lockdown affect betting and gambling in the UK?

As of Thursday, November 5th, England has entered their second lockdown, it’s not as strict as the first, schools and colleges are not closed, but non-essential retail and entertainment venues will be closed for at least a month. That means betting shops and casinos are closed again. How will it affect betting? This is the […]

Virtual Sports Odds Data to be Provided Separately by BetConstruct

BetConstruct has confirmed that from now it will be offering separate odds data for its virtual sports products. The odds feed data is intended to help operators by providing them with a separate selection of fixed odds events so that they can better shape their product to their customers’ needs. By using a range of […]

UK Gambling Commission cracks down on online operators with tough licence conditions

The UK Gambling Commission (UKGC) has investigated three online gambling operators for failures in social responsibility and money laundering. This is part of the Gambling Commissions continuing plan to raise the standards of online gambling through enforcement. With virtual betting sites being in their infancy, it looks like there may need to be some tough […]

China Cracks Down on ‘High Frequency’ Lottery Betting

Lottery betting fans in China are about to find that their favoured activity is going to face further restrictions, with China’s Ministries of Finance and Civil Affairs set to limit how lottery betting is administered in the People’s Republic. Last week, the joint Ministries issued a statement asserting that there was to be an “orderly […]

Australia Set to Hold Casinos Accountable for Stolen Funds

Life in Australia looks set to become tougher for thieves who like to gamble with the proceeds of their criminal activity. Andrew Wilkie MP is set to put forward a bill that will attempt to make it law to force casinos to return money to victims, if it has been determined that the money spent […]

Inspired Entertainment expands to Greece and Turkey

Inspired Entertainment is a major supplier of technology, hardware, content, and services for the gaming industry. This month they have launched their virtual basketball game, V-Play Basketball, in Greece, and became the first Virtual product to be authorised in Turkey. A first for Inspired in Turkey Earlier this month, Inspired Entertainment issued a press release […]