Casino
November 15, 2022
South Korea Awaits Extradition of Suspect Linked to $13.4B Landing Casino Theft
South Korean authorities have been able to relaunch the investigation into the theft of $13.4 million (KRW 14.6 billion) worth of cash from Jeju’s Landing Casino following the arrest of one of the suspects in Dubai. This is the latest win for South Korea’s prosecutor’s office and law enforcement which cast a wide net to […]
Sports
November 15, 2022
Ex-MBA Owns Up Illegal Gambling and Faces $55,000 Fine
A former Major League Baseball player has pled guilty to a number of federal charges related to betting and gambling offenses on sporting events that were prohibited under the player’s contract, the Department of Justice announced in a press statement. The player has placed wagers with an illegal gambling operator and has thus violated existing […]
Legal
November 14, 2022
China and Cambodia Strengthen Efforts against Illegal Gambling
Cambodia and China agreed to level up their fight against telecommunication fraud and online gambling last week. The Two Countries Boost Efforts against Fraud, Illegal Gambling Li Keqiang, China’s Premier visited Cambodia last week and participated in the Association of South-East Asian Nations (ASEAN) Summit. During the event, he met with Cambodia’s Prime Minister, Hun […]
Sports
November 14, 2022
Brownlow Betting Scandal Sees AFL Umpire, 3 More Arrested
One of the men arrested was confirmed to be an AFL umpire, while no such information about the rest was shared by either the police, or the AFL. The investigation is still ongoing, so it’s too early to definitively confirm that only vote count information was leaked. Only Information Leak Confirmed The Brownlow Medal votes […]
Legal
November 14, 2022
LeoVegas Top Manager Arrested Over Insider Trading Connected to MGM Takeover
On November 10, three men, one of them holding a senior manager position at LeoVegas, were arrested on charges of insider trading in connection with US casino behemoth MGM Resorts International’s acquisition of Swedish mobile gaming company LeoVegas which took place at the end of August 2022. The Investigation Has Been Going on Since June […]
Legal
November 11, 2022
Hollywood Casino York Theft Suspect Successfully Identified
Pennsylvania State Police are still investigating the theft of over $1,200 in cash from Hollywood Casino York. The authorities asked for any helpful information that could assist in locating the primary suspect. According to the latest official reports, the alleged perpetrator has been successfully identified thanks to several tips via the Pennsylvania Crime Stoppers program. […]
Blockchain
November 11, 2022
FTX Runs into More Trouble as DoJ, SEC Launch Investigations
FTX is facing one trouble after another. The cash-strapped cryptocurrency exchange has been going through some rough times. Not only did Binance pull out of a proposed takeover deal but is the company now facing an investigation by the Department of Justice and the US Securities and Exchange Commission over criminal activity and securities offenses. […]
Business
November 9, 2022
ASIC Lists a Guide to Helping Australians Tackle Crypto Scams
The Australian Securities & Investments Commission (ASIC) has published a ten-point advice in which the regulator outlined how to detect and avoid scams and what to do if a consumer has already fallen for one. This publication is part of Scams Awareness Week, which ASIC is keen to address as the number of fraudulent investment […]
Industry
November 9, 2022
Gambling Doctor who Defrauded Patients Sent to Prison
A court in Victoria sentenced a doctor who had defrauded patients of hundreds of thousands by pretending the funds would go toward treatment for his suffering from cancer father and instead had used the money to finance his gambling habits. Loans from Patients Used for Gambling Abraham Stephanson, 50, from south-west Victoria was given three […]
Legal
November 8, 2022
Bulgaria’s NRA Cracks Down on Betandyou
Bulgaria’s National Revenue Agency (NRA), which regulates gambling in the Balkan country, has identified a number of illegal online gambling websites under the Betandyou brand. Following that, the director general of the NRA, Rumen Spetsov, issued a cease and desist order, asking the sites to immediately stop taking bets. Betandyou Available, Yet Unlicensed All sites […]
