Legal
August 9, 2022
PredictIt Loses USA License, Closes Shop in February
The US Commodity Futures Trading Commission (CFTC) announced on 4 August that PredictIt, the website offering wagers on the outcome of political events, would no longer be able to operate in the country. The platform must completely withdraw from the USA by February 2023. PredictIt Started as a University Research Project The CFTC did not […]
Legal
August 5, 2022
Okada Manila Corporate Wrangle to Continue with Inspection
The corporate wrangle around Okada Manila casino integrated resort in the Philippines continued with the board backed by Tiger Resort Asia (TRA) sending a demand letter to the board backed by Kazuo Okada demanding internal documents inspection. Disbursing Funds from the Casino Cage TRA, the owner of 99.9% of the voting rights of Tiger Resorts, […]
Legal
July 29, 2022
SEK 10M Claim Filed Against Kindred Subsidiary in Sweden
Swedish entrepreneur and Odd Molly founder Per Holknekt has submitted a major lawsuit to Stockholm District Court against the parent company of Unibet, Kindred Group, together with a claim for over SEK 10 million ($986,263). Holknekt Speaks Openly About His Gambling Addiction 62-year-old Per Holknekt has been struggling with gambling addiction for a long time. […]
Legal
July 25, 2022
GambleAware Responds to UK Government Over Loot Boxes Usage
GambleAware, a reputable UK organization that helps players with gambling problems, has published a statement in which it responds to the government of the country over the use of loot boxes in video games. In the statement, GambleAware says that it hopes that the new government will consider legislative action on their use, especially when […]
Legal
July 25, 2022
Principal Addicted to Gambling Receives a Teaching Job After Scandal
Recovering gambling addict Malachy McNulty has received a teaching job after the former principal embezzled €100,000 ($102,000) from a special needs school, The Irish Sun on Sunday reported. McNulty struggled with severe gambling addiction which sent him into reckless patterns, resulting in theft from the school he was at the time a principal of. Recovering […]
Legal
July 25, 2022
Thailand Committee Wraps up Overview of Casino Resorts
Thailand seems more confident by the day in passing legalization that will allow the country to launch its first legal casinos. According to a report by the Bangkok Post, a parliamentary committee that is assessing the feasibility of the project, there is a good chance that the country may realize its potential insofar as the […]
Legal
July 22, 2022
AFSCME Opposes Sports Betting in Tribal Casinos
The American Federation of State, County & Municipal Employees (AFSCME) District Council 36 in California has opposed Proposition 26. The latter is a measure that would legalize sports betting at California’s tribal casinos. Proposition 26 Would Legalize Sports Betting at Tribal Casinos The tribal measure has become a controversial topic in the regulated gambling industry. […]
Legal
July 22, 2022
KSA Warned Licensees About Using Promo Games
The Netherlands gambling regulator, the Kansspelautoriteit (KSA), has addressed the use of “promotional games of chance” in gambling. Per Dutch law, such games do not require a permit but are still required to follow certain rules. Promotional Games Should Follow Certain Rules By “promotional games of chance” the KSA refers to bonus contests where people […]
Legal
July 21, 2022
DOJ: Florida Man Pleads Guilty to Tax Fraud Conspiracy
A man who was related to the operation and ownership of illegal gambling business in Canton, Ohio, pleaded guilty to tax fraud conspiracy Wednesday. Florida Man May Face Five-Year Prison Sentence Details released by the Department of Justice (DOJ), point out that Larry Dayton, 46, pleaded guilty to conspiring to defraud the IRS. Citing statements […]
Legal
July 20, 2022
Hot Lotto Fraudster Eddie Tipton Goes Out on Parole
Eddie Tipton, the fraudster who was sentenced to up to 25 years in prison for rigging winning drawings with the Multi-State Lottery has been paroled. After Five Years in Prison, Eddie Tipton Goes Out on Parole Judging by records by the Department of Corrections, Tipton was released on parole from the Clarinda Correctional Facility last […]
