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Legal News and Headlines
Legal
March 19, 2024
DraftKings Escalates Prosecution against Former VIP Head
DraftKings, the prominent online sports betting giant, has intensified its legal battle against Michael Hermalyn, the former head of its VIP program, with fresh accusations of corporate espionage. The allegations come in response to Hermalyn’s recent appointment as the president of the VIP division at Fanatics. Hermalyn allegedly misappropriated trade secrets during his time with […]
Legal
March 18, 2024
Raided Cardroom Owner Accepts Plea Deal after Two Years in Court
Joe Vongkaysone, the Texan who ran the state’s biggest poker club, has agreed to plead guilty to a count of participation in organized crime and a single count of gambling promotion. As reported by PokerNews, the man has avoided the charge of keeping a gambling place, thanks to his plea deal. Vongkaysone ran the Watauga […]
Legal
March 15, 2024
UK Government Investigates Ties between Allwyn and Kremlin-Owned Banks
Allwyn, the company behind the UK’s largest public-sector contract, allegedly borrowed millions from Russia’s two largest lenders, VTB and Sberbank, according to a revelation by The Guardian. While the company did not violate sanctions, this newest controversy raises concerns regarding the gambling sector’s transparency and may undermine the UKGC’s position. Allwyn Claims It Complied with […]
Legal
March 15, 2024
Man Who Ran Betting Fund Denies Scamming Investors Out of $500,000
A man from Pennsylvania has denied his involvement in a sports betting fraud case, pleading not guilty to the allegations. The man, Elijah Goshert, allegedly used sports betting investors’ money for personal benefits. For reference, Goshert, 47, is a former telecommunications worker who founded a sports betting fund called the Magellan Sports Fund. He claimed […]
Legal
March 14, 2024
Italian Media Regulator Imposes $1.5M Fine on X Over Gambling Ads
Italian media watchdog, Autorità per le Garanzie nelle Comunicazioni (AGCOM), has levied its first fine of €1.35 million ($1.5 million) against X (Formerly Twitter) for violating regulations regarding gambling advertisements. X Faces Penalty for Breaching Italy’s Dignity Decree The sanction stems from the breach of the prohibition on advertising gambling with monetary winnings or games […]
Legal
March 13, 2024
Liquor & Gaming NSW Fines Royal Inn Hotel for Gaming Hour Violations
Liquor & Gaming NSW, the body responsible for regulating gambling in New South Wales, announced that it has handed a fine of AUD 7,540 to a hotel in Newcastle. According to the regulator, the property violated the state’s gambling laws by operating gaming machines outside authorized hours. Liquor & Gaming NSW pointed out that the […]
Legal
March 12, 2024
Aristocrat Takes Light & Wonder to Court over Alleged IP Violation
Aristocrat is taking Light & Wonder to court over an alleged intellectual property violation. According to the former slot company, Light & Wonder’s Dragon Train product is eerily similar to Aristocrat’s Dragon Link series. In addition to sporting similar audiovisual elements and matching game mechanics, Light & Wonder’s product has been developed by a team […]
Legal
March 11, 2024
Legal Dispute over Online Sports Betting in Florida Continues
In 2021, the Seminole Tribe and Florida entered into a gaming compact that paved the way for statewide legal mobile sports betting. Lawmakers in the state, including Gov. Ron DeSantis, played an important role in the legislative process that ultimately awarded the Tribe with exclusivity over online and retail sports wagering. Despite the contract receiving […]
Legal
March 11, 2024
Grandfather Sues Bingoal after Underage Grandson Gambles €162,000
A Dutch minor has gambled away hundreds of thousands of Euros, prompting a lawsuit against the operator that allowed this to happen. The company in question is Bingoal, which reportedly never intervened as the teenager lost much of his grandfather’s money. The total sum the young player (aged 17) lost reached a whopping €500,000, although […]
Legal
March 11, 2024
Iran Busts Huge UK-Based Online Gambling Scheme
The Iranian government has reported busting a huge UK-based gambling operation. The illegal scheme was reportedly the biggest gambling and betting online network in the country. According to the Iranian Ministry of Intelligence, the fraudulent scheme was operated from the United Kingdom. On Saturday, the ministry reported that it had finally been busted, following an […]