Casino
April 5, 2023
Las Vegas Hotels Seek Dismissal of Price-Fixing Lawsuit Involving Rainmaker
The Las Vegas Review-Journal reported that several hotel-casino operators on the Las Vegas Strip have filed a motion to dismiss a lawsuit that accuses them of price-fixing hotel room rates through a revenue management platform, Rainmaker. Tourists Sue Las Vegas Hotels for Alleged Antitrust Violations In January, two tourists filed a lawsuit that accused hotel […]
Blockchain
April 3, 2023
Beaxy Founder Faces Charges of Gambling with Investor Funds
Hamazaspyan, who founded Beaxy, is also accused of having gambled with investor funds. The exchange wound down operations last week, citing an “uncertain regulatory environment” as the reason why. Misappropriated Funds and Unlicensed Operations The SEC argues that Hamazaspyan has raised $8 million from BXY, the cryptocurrency exchange’s native token, and used at least $900,000 […]
Sports
March 31, 2023
Star Sports Accused of Ignoring Social Responsibility Toward Problem Gambler
The Racing Post reported that O’Brien claims that the sportsbook ignored its social responsibility towards him as they were aware of his gambling addiction but still allowed him to bet, leading to a loss of over GBP48,000 ($59,533) between September 14, 2018, and March 30, 2019. O’Brien stated that the amount he lost did not […]
Legal
March 31, 2023
IMG Arena Sues Stats Perform for Unauthorized Soccer Data Collection
SBC News reported that IMG Arena filed a lawsuit against Stats Perform over alleged breaches of exclusive data collection rights during Austrian, Czech, German, Greek, and Swiss soccer matches. Stats Perform Accused of Breaching IMG Arena’s Exclusive Data Collection Rights In the claim, IMG Arena alleges that Stats Perform has been operating an unauthorized network […]
Legal
March 30, 2023
TinBu Founders File Lawsuit Against Lottery.com
John Brier and Bin Tu, the founders of a famous lottery data business known as TinBu, filed a lawsuit against the company that acquired their business, Lottery.com, claiming that they are owned millions in payment, as well as additional financial assets. In their lawsuit, represented by Morgan & Morgan, Tu and Brier claimed that Lottery.com […]
Lottery
March 30, 2023
Woman Awaits Court to Decide If She Won £1M from Lottery – or £10
The Boston Lincolnshire woman is now suing the UK National Lottery and the outgoing operator Camelot after she was reportedly shorthanded by the lottery. Parker-Grennan argues that she had won £1 million from a draw of “£20Million Online Spectacular” back in August 2015. Malfunction or Not, Player Expects Her Winnings She has since been offered […]
Legal
March 21, 2023
PredictIt Has Until April 5 to Respond to a CFTC Letter
PredictIt, a platform that allows customers to wager on political and financial events, is under fire by US regulators that seek to shut down the exchange. In response, the exchange filed a lawsuit, which still continues. Amid the heated battle between PredictIt and the Commodity Futures Trading Commission, the exchange’s deadline to respond to a […]
Casino
March 9, 2023
N1 Interactive Objects to Dutch Regulator’s $13.4M Fine
Malta-based online gambling company, N1, has expressed its disagreement with the decision of the KSA to fine them for violating the Dutch Betting and Gaming Act. N1 Objects to KSA’s Fine Calculation and Requests Delay in Publication In a statement, N1 denied violating the Dutch Betting and Gaming Act and argued that the KSA’s calculation […]
Legal
March 8, 2023
NY Resident Files Lawsuit against Caesars over Risk-Free Bets
Many online gambling and sportsbook operators offer lucrative sign-up offers, including “risk-free bets” and “free” bets. While US lawmakers are looking into the promotional advertising wording for sportsbooks trying to remove the “risk-free” verbiage from their promotional inducements, one New York resident decided not to wait and has taken action. Lachae Vickers is a resident […]
Casino
March 6, 2023
Class Action Lawsuit Filed against Rancho Mesquite Casino
A Southern Nevada company is now facing a class action lawsuit for allegedly leaving its systems vulnerable and exposing the personal information of hundreds of thousands of customers and employees. Lack of Timely Notice Initiated by a California resident who claims his computer was part of a ransomware attack due to the casino security breach, […]
