A former Raketech employee has landed a four-year prison sentence after he was found guilty of embezzling money from his former employer. The man was also ordered to return some of the money and was prohibited from accessing public funding. Raketech The Man Reportedly Exploited His Position to Embezzle Money According to a report by…
Gambling is a huge part of Australian life, with risky behavior leading to losses totaling around $31 billion each year. While men, particularly young men, are increasingly drawn to online sports betting for the excitement, problem gambling among women over 55 is on the rise. $31 billion problem gambling among women over 55 Many older…
A week after teasing its plans for the near future, Flutter Brazil, the Brazil-facing arm of the sports betting juggernaut Flutter Entertainment, has appointed a new head of compliance. The one up to the task was Dyego Cabral de Jesus, whom the company described as a veteran when it comes to compliance-related matters. Flutter Brazil…
India’s Supreme Court has started reviewing a public interest litigation (PIL) filed by the Centre for Accountability and Systemic Change (CASC). India’s Supreme Court public interest litigation PIL Centre for Accountability and Systemic Change CASC The organization that wishes to “make governance accountable” and “ensure the rule of law is enforced and justice is given…
From gambling regulators to attorney generals and now private citizens, Kalshi has had to fend off one lawsuit after another. Although it appears to be winning at least in Nevada, the prediction market platform has not had a quiet moment. The latest legal development filed against it comes in the form of a New York…
The much-awaited Metropolitan Park plan, a team effort between New York Mets owner Steve Cohen and Hard Rock International, has taken a big step forward. The team behind the project turned in an extra application to the New York State Gaming Facility Location Board before the October 14 cutoff, standing by their $8 billion vision…
About a hundred small business owners, vendors, and community backers met at the Hershey Italian Lodge this week to ask for fair rules and sensible taxes on Pennsylvania’s skill games. The event, part rally and part town debate, showed how these machines have become a cash boost for local establishments trying to keep their doors…
Caesars Sportsbook is paying out $574,925 to one lucky player who managed to flip their $50 parlay bet (a multi-leg type of wager) into the eye-watering payout. The parlay contained six different betting outcomes, all of which came true, prompting the company to share the particular achievement on its social media on Friday, October 17….
Federal and NCAA investigators are stepping up their investigation into what they think is a planned gambling operation targeting men’s college basketball games during the 2024–2025 season. Federal and NCAA investigators String of Odd Bets Across US Hints at Potential Game-Fixing Ring Reports from inside sportsbooks and integrity alerts show a pattern of weird bets…
The news surrounding the OYO Hotel & Casino continues to percolate, with the latest report coming in from Crain’s New York Business, suggesting that cybercriminals targeted the property at the beginning of the year, resulting in widespread data breach. OYO Hotel & Casino Crain’s New York Business OYO Was Subject to a Cyberattack, But No…
