Legal
September 20, 2024
Class Action Lawsuit Against Roblox Hits Important Milestone
In April, a class action lawsuit against Roblox, the virtual gaming platform, received a green light by a judge to proceed. The platform faced allegations related to child gambling but denied wrongdoing and urged for the lawsuit to be dismissed. Now, the lawsuit which was initially filed back in August last year has reached a […]
Legal
September 20, 2024
No Ruling from Appeals Court in US Election Betting Case
Kalshi, the regulated exchange and prediction market platform that offers trading on the outcome of real-world events, was cleared to start offering “contracts” on political events last week. This came after a ruling by Judge Jia Cobb. However, Kalshi’s win was short-lived as the Commodity Futures Trading Commission (CFTC) filed an appeal with the Court […]
Legal
September 19, 2024
Wynn Resorts Reaches $70M Settlement in Investor Class Action
A class action lawsuit against Wynn Resorts and several of its former executives recently reached an important milestone. The legal claim against the company and some of its executives stemmed from sexual misconduct allegations that were allegedly concealed, misleading shareholders between 2016 and 2018. Class Action Lawsuit Finally Reaches Settlement After More than Six Years […]
Legal
September 19, 2024
Texas Judge Rules Infringement Case Against Sportradar Can Proceed
A patent infringement lawsuit filed against Sportradar by PANDA Interactive was granted approval to proceed by a judge earlier this week, a newly released report suggests. PANDA Interactive Sues Sportradar, Alleging Patent Infringement The case was filed by PANDA Interactive back in October as the company took legal action against Genius Sports and Sportradar, alleging […]
Legal
September 18, 2024
British Columbia Cracks Down on Suspected Casino Money Laundering Scheme
The British Columbia government is seeking a court order to forfeit CAD880,000 ($647,000) deposited as a bond with the Canada Border Services Agency by a man the government alleges was a multimillionaire leader of a criminal gang that ran illegal gaming houses and laundered money through casinos. The suspect, T.L., reportedly has ties to Chinese […]
Legal
September 18, 2024
Man Said to Have Used Massage Gun to Steal from Casino Appeared in Court
A man with the initials D.H. has appeared in court after allegedly using a massage gun to steal from a casino in Washington. He was released from custody but prohibited from entering venues with slot machines. The Man “Stimulated” the Machine to Make Coins Fall Casino crime is nothing new as criminals have long recognized […]
Legal
September 18, 2024
PAOCC Re-Evaluates Witness Statements in Mass Grave Discovery Case
The Department of Justice (DoJ) in the Philippines has started an official investigation into the alleged mass graves that were revealed as a result of a raid at Lucky South 99, a Philippines Offshore Gaming Operator (POGO) located in Porac, Pampanga. The discovery was possible with help from prosecutors, Philippine National Police Criminal Investigation and […]
Legal
September 18, 2024
Denver Man Found Guilty of Operating Illegal Gambling
The US Attorney’s Office for the District of Colorado announced that a man from Denver has been found guilty of operating illegal gambling. The 38-year-old individual’s sentencing has been scheduled for December. The Man Operated a Gambling Parlor According to the attorney’s office, Jonathan Arvay was found guilty of running an electronic arcade called Player […]
Legal
September 18, 2024
Private Equity File Motion to Dismiss FanDuel Founders Case
Private equity firms embroiled in the ongoing legal battle that ensued following sports betting and fantasy sports operator FanDuel’s sale to Paddy Power Betfair in 2018 for $559 million have struck back against allegations they breached their fiduciary duties. Defendants, including FanDuel Group, Los Angeles-based investment firm Shamrock Capital Advisors, American global investment company Kohlberg […]
Legal
September 16, 2024
UK Man Stole $1.2M of Tax Money to Fuel Gambling Addiction
A senior finance manager faces a hefty sentence for stealing over £930K of taxpayers’ money to gamble. While the man has no previous convictions, he could spend years in prison for his fraud. Doig Channeled Huge Sums Toward His Accounts Alan Doig, 57, served as a senior finance manager at Gedling Borough Council. Between 2003 […]
