A Buenos Aires prosecutor has shut down an Argentine provincial lottery operator’s online gambling site for allegedly taking bets outside its jurisdictional borders.

In 2015, the Provincial Institute of Lottery and Casinos of the State Society (IPLyC) in the province of Misiones launched Misionbet.com.ar, which offered sports betting, casino and poker products to provincial residents.

This week, the site was shut down on the order of Martin Lapadú, the head of the Complex Cases Investigation Unit of the West Fiscal Unit of Buenos Aires. Lapadú accused Misionbet’s operators of illegally accepting customers from beyond the province’s borders, including from Buenos Aires.

Lapadú ordered banks and payment processors to refrain from handling any transactions with Misionbet until the matter is resolved. An estimated ARS 460m (US $28.6m) in customer deposits has reportedly been frozen via the prosecutor’s order.

Leeds-based online gambling operator Sky Betting & Gaming (SBG) has applied for a Malta Gaming Authority (MGA) license ahead of the UK operator’s planned launch into Germany’s online sports betting market.

On Wednesday, the MGA announced that it had received SBG’s formal application for a local sports betting license. SBG, which already holds licenses issued by regulatory agencies in the UK, Alderney and Italy, plans to begin accepting German sports bettors via SkyBet.de later this year.

MGA exec chairman Joseph Cuschieri said SBG’s interest in a Malta license reflected the high value that “world leading brands” like SBG place on Malta’s “reputation as a gaming jurisdiction.”

The MGA also announced regulatory data covering the first four months of 2017, during which the MGA received 59 applications, representing a 79% increase over the same period last year. The MGA issued 36 licenses over this span, one-third more than last year.

A bill that would allow residents of Illinois to participate in regulated fantasy sports betting has moved forward in Illinois.

The State Journal-Register reported that the Illinois Senate Gaming Committee has advanced Senate Bill 208, which aims to supersede a 2015 advisory opinion by Attorney General Lisa Madigan that daily fantasy sports betting is illegal under state gambling law.

Under Senate Bill 208, players under 21 will not be allowed to participate in fantasy sports. It also bars employees of the fantasy contest providers from playing.

The bill, which was sponsored by Sen. Kwame Raoul, will also require an annual independent audit to ensure providers are complying with the requirements.

Sun International has raised its stake in Chilean casino group Sun Dreams as the South African casino and hotel operator zeroes in on the Latin American market.

The JSE-listed hotel and casino group announced that its subsidiary, Sun Latam, and fellow stakeholder Nueva Inversiones Pacifico Sur Limitada will buy out a 19.3 percent stake in Sun Dreams, which is held by Chile’s Entretenimientos Del Sur Limitada (EDS).

In March, EDS said it will sell its shares via an initial public offering, but instead of proceeding with the IPO, Sun International and Pacifico agreed to buy out EDS for $126 million.

The deal will see Sun International increase its stake from 55 percent to 65 percent, while Pacifico will raise its stake from 25 percent to 35 percent.

Juegos Miami is back, bringing with it a goal to provide an opportunity to gain a much needed insight into the Latin American and the Caribbean gaming market.

The invite-only, C-level event—now on its second year—is returning to The Biltmore in Miami from May 31 to June 2, and will be attended by representatives from 44 nations, including innovators, regulators and industry visionaries, to talk about the future of gaming in Latin America.

This year, event organizer Clarion Gaming has lined up key sessions covering all areas of gaming—both for land-based and online verticals. This includes panel discussions on lottery, bingo, casino, sports betting, and even crime and security.

“The main topics for 2017 include a case study analysis of some of Latin America’s biggest markets, an assessment of the advances in legislation that the market is likely to see in the coming years, the importance of combatting the negative narrative which punctuates the gaming debate, the use of gaming tax revenues for social welfare, the fight against illegal gambling and organized crime, sports betting and integrity, player protection and AML best practices, attracting millennials and arguing the case for uniform regulation in the region,” Kate Chambers, managing director of Clarion Gaming, told CalvinAyre.com’s Becky Liggero.

After correctly calling bitcoin’s $2,000 price this year, analyst Kay Van Petersen is looking long term for the cryptocurrency.

Van Petersen, a global macro strategist for Denmark-based Saxo Bank, predicted in December that the price of the popular digital currency will hit over $2,000 in 2017. Less than six months later, bitcoin powered through the $2,000 barrier and continued its rally towards a new record high of over $2,700.

At the time that Saxo Bank’s “Outrageous Predictions for 2017” was published, bitcoin was trading above $750, which means that Van Petersen’s forecast represented a 165 percent increase. This time, the analyst is back and making another call—a big one for the digital currency.

Van Petersen was quoted by CNBC’s Arjun Kharpal predicting that in 10 years, “bitcoin’s market capitalization would be ten times the average daily volume, giving a figure of $1.75 trillion for the market cap.” By that time, there will be 17 million bitcoin in circulation, which, when divided by the $1.75 trillion market cap estimate, will mean that “each bitcoin would be worth just over $100,000.”

Jake Schindler leads the final eight players at the Final Table of the Super High Roller Bowl after an outstanding Day 3 saw him eliminate a raft of dangerous opponents.

It seems the Super High Roller Bowl (SHRB) likes former champions like a boutique likes smoked herring. Both the 2015 champion Brian Rast, and the 2016 champion Rainer Kempe both felt the axe on the back of their necks during a fast-paced Day 3 of the greatest high stakes tournament in the world.

19 players returned with the goal of making it to the Final Table, and Rast was the first player eliminated when he lost a flip against Jake Schindler. Kempe’s run ended when he ran pocket nines into the pocket tens of his countryman Stefan Schillhabel. Kempe was down to one big blind before running it up to 500k in a frenetic period before his elimination.

The former World Poker Tour (WPT) Alpha8 winner, Andrew Lichtenberger scurried back to his life of solitude after Jason Koon’s pocket tens made light work of luckychewy’s pocket sixes. And Daniel Negreanu won’t be extending his All-Time money lead over Erik Seidel after being coolered by the main man Schindler.