Legal
August 27, 2024
Aviator LLC Wins $330M Lawsuit against Spribe and Adjarabet
Aviator LLC has successfully sued Spribe and Adjarabet over their use of the Aviator name. As a result, the defendants had to pay $330 million in damages to the plaintiff and forfeit trademark registrations that infringed on its copyright. Aviator LLC Says Its Copyright Was Infringed Aviator LLC, for context, owns several trademark registrations for […]
Legal
August 27, 2024
DraftKings in $65M Payment Battle with NFL Players Association
Earlier this month, the NFL Players Association (NFLPA) decided to take the leading gaming and betting operator, DraftKings, to court over an alleged breach of a licensing contract. The lawsuit stemmed from the American betting giant’s decision to shut down its non-fungible token (NFT) marketplace and Reignmakers, a popular NFT-based fantasy sports game. DraftKings and […]
Legal
August 27, 2024
Russia’s FSB Cracks Down on Illegal Prison Gambling Operation
Russia’s Federal Security Service (FSB) has cracked down on an illegal gambling ring inside a penal colony in the Rostov region, according to reports from local news outlets. According to 161.ru, the ring was equipped with multiple card decks and many casino chips. Penal Colony Inmates Were Hosting a Gambling Ring The gambling operation was […]
Legal
August 26, 2024
Met Police Ends Probe into UK Gambling Scandal, UKGC’s Investigation Continues
The UK Metropolitan Police has concluded its probe into the general election, arguing that the offenses did not constitute misconduct in public office. In the meantime, the UK Gambling Commission’s (UKGC) investigation continues. The Mets Will No Longer Investigate the Matter On Friday, the police said that it had ended its investigation as the offenses […]
Legal
August 23, 2024
Austrian Court Orders Bet-at-Home to Refund Player €2.8M
The Supreme Court in Austria ruled in favor of a plaintiff, who filed a lawsuit against bet-at-home subsidiaries over multi-million-dollar losses. The claimant argued that they lost millions while gambling with the operator between August 2018 and July 2020. The complaint named bet-at-home.com Internet and bet-at-home.com Entertainment as defendants. The two aforementioned companies are among […]
Legal
August 23, 2024
Investors to Take Entain to Court over Declining Share Price
Entain’s troubles related to its historic business in Turkey are not over yet. While the gambling giant did reach a deferred prosecution agreement (DPA) with the Crown Prosecution Service (CPS), the whole process took a toll on the company’s shares. Needless to say, investors aren’t happy. Investors Take Entain to Court A group of institutional […]
Legal
August 22, 2024
Lawsuit Alleging That DraftKings Misled Customers Proceeds
American betting giant DraftKings has failed to dismiss a class action lawsuit by the Public Health Advocacy Institute. According to a report by Next.io, the class action will now proceed, adding to the operator’s ongoing legal woes. The class action stems from PHAI’s claim that DraftKings offered misleading sign-up bonuses that didn’t properly convey all […]
Legal
August 22, 2024
Pennsylvania Fines Evolution, Bans Three Adults from Casinos
The Pennsylvania Gaming Control Board (PGCB) has fined a gambling company for allowing an unauthorized person to enter its live dealer casino in Philadelphia. In addition to that, the authority banned three adults from casinos in the state for leaving minors unattended while gambling. The Board Issued a $7,500 Fine Against Evolution The PGCB approved […]
Legal
August 21, 2024
NFLPA Takes DraftKings to Court over Alleged Breach of Contract
The NFL Players Association (NFLPA) is taking the American betting giant DraftKings to court over an alleged anticipated breach of contract. The association is seeking damages, although many details are still unknown. The lawsuit was filed on August 20 in the Southern District of New York. However, court documents are not yet publicly available, enshrouding […]
Legal
August 21, 2024
Caesars Activist Investor to Pay $2M to Settle SEC Charges
According to US regulators, billionaire investor Carl Icahn and his company Icahn Enterprises LP (IEP) have agreed to pay $2 million in penalties after settling with the US Securities and Exchange Commission over the alleged failure to disclose pledging most of IEP’s securities in personal margin loans. The activist investor will pay $1.5 million in […]
