India launched its first ‘online’ sports betting operation this week, but don’t go looking for it using your browser.

Thursday saw the launch of the first sports betting and gaming arena in Gangtok, the capital of the state of Sikkim. The new ‘gaming zone’ is operated by Golden Gaming International (formerly Maarm International), which began offering ‘online’ keno and virtual horseracing services at multiple locations in the state last December.

The new Gangtok venue has expanded Golden Gaming’s betting palette to include cricket, tennis and football wagers, as well as non-sports games like roulette and the popular Indian card game teen patti.

The ‘online’ description being thrown around by most media outlets is a tad misleading, as what’s on offer is simply the opportunity for punters to pop into a shop and place a wager via an ‘intranet gaming terminal.’

India launched its first ‘online’ sports betting operation this week, but don’t go looking for it using your browser.

Thursday saw the launch of the first sports betting and gaming arena in Gangtok, the capital of the state of Sikkim. The new ‘gaming zone’ is operated by Golden Gaming International (formerly Maarm International), which began offering ‘online’ keno and virtual horseracing services at multiple locations in the state last December.

The new Gangtok venue has expanded Golden Gaming’s betting palette to include cricket, tennis and football wagers, as well as non-sports games like roulette and the popular Indian card game teen patti.

The ‘online’ description being thrown around by most media outlets is a tad misleading, as what’s on offer is simply the opportunity for punters to pop into a shop and place a wager via an ‘intranet gaming terminal.’

Struggling casino operator Caesars Entertainment is considering a sale of its interactive unit, one of the few branches of the Caesars family tree that actually makes money.

On Friday, reports surfaced that Caesars had received multiple, unsolicited offers to acquire Caesars Interactive Entertainment (CIE), which includes an extremely lucrative social gaming division, a less successful real-money online gambling operation and the World Series of Poker brand.

The bids reportedly value CIE at over $4b and Wall Street Journal sources said Caesars had enlisted investment bank Raine Group to help evaluate the offers, while stressing the usual caveats that no formal sale process was ongoing and thus there was no guarantee that a deal would happen.

There’s no question that CIE would be an attractive acquisition target, given its demonstrated capacity to monetize social casino players at a much higher rate than its competitors. But there’s the teensy problem that CIE is jointly owned by Caesars and another Caesars-controlled entity, Caesars Acquisition Co (CACQ), and the latter company’s very existence is the subject of multiple lawsuits.

Spain’s regulated online gambling market reported revenue rising nearly one-third in Q1 following last summer’s legalization of online slots play.

According to figures released this week by the Dirección General de Ordenación del Juego (DGOJ), gross gaming revenue in the three months ending March 31 totaled €102.3m, up nearly 8% from Q4 2015 and up a whopping 32.1% from the same period last year.

Sports betting continued to dominate the market, capturing 50% of all online turnover and 57.3% of all revenue. Betting stakes were up 33% year-on-year to €1.33b while revenue improved 29% to €58.6m.

Pre-match betting accounted for 29% of online sports stakes while live in-play wagers claimed 71%. Betting revenue was more evenly split (pre-match 41%, live betting 59%). Exchange wagering, which was approved last summer along with slots, garnered stakes of €7.5m.

Spain’s regulated online gambling market reported revenue rising nearly one-third in Q1 following last summer’s legalization of online slots play.

According to figures released this week by the Dirección General de Ordenación del Juego (DGOJ), gross gaming revenue in the three months ending March 31 totaled €102.3m, up nearly 8% from Q4 2015 and up a whopping 32.1% from the same period last year.

Sports betting continued to dominate the market, capturing 50% of all online turnover and 57.3% of all revenue. Betting stakes were up 33% year-on-year to €1.33b while revenue improved 29% to €58.6m.

Pre-match betting accounted for 29% of online sports stakes while live in-play wagers claimed 71%. Betting revenue was more evenly split (pre-match 41%, live betting 59%). Exchange wagering, which was approved last summer along with slots, garnered stakes of €7.5m.