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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 […]
Legal
August 20, 2024
Mansion Group Gains Ground in Legal Battle with Former CEO
The legal battle between the defunct Mansion Group and its former CEO, Karel Manasco, reached a new chapter after a judgment from the Supreme Court of Gibraltar from last week. The two parties clashed together in a legal battle last year. Several months ahead of the shutdown of Mansion Group, the Supreme Court of Gibraltar […]
Legal
August 19, 2024
Lawsuit Targets Lottery.com, Alleges Fraudulent Misrepresentation
Over the last few years, Lottery.com has been involved in a number of scandals, some of which resulted in legal action. Now, the company is once again in hot water over accusations of fraudulent misrepresentation described in a lawsuit filed by a supply chain business in Florida. Sharon A. McTurk, Astra Supply Chain’s president is […]
Legal
August 16, 2024
Former Hollywood Mogul Tries to Wipe out $3M Debt to Mohegan Sun
A former Hollywood executive, who allegedly owes more than $2.7 million in unpaid markers to the Mohegan Sun Casino in Montville, Connecticut, is reportedly trying to get out of his gambling debt. The case involves Ron Meyer, the co-founder of Creative Arts Agency and Universal Studios chief operating officer between 1995 and 2013. Despite half […]
Legal
August 15, 2024
FanDuel Founders Challenge Board in Expanded Suit over Flutter Deal
FanDuel’s cofounders, early investors and employees recently filed an amended complaint in New York, alleging that board members, controlled by private equity investors deprived them of significant profits from the company following its 2018 sale to Paddy Power. At the time, FanDuel was valued at $559 million and merged with Paddy Power. Later on, Paddy […]
