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 […]
Legal
August 14, 2024
UAW Initiate Lawsuit against Donald Trump and Elon Musk
Two recognizable public faces and billionaires are the subject of a new lawsuit filed in the US by the United Auto Workers (UAW), a union that represents one million members across the country, including employees from the gambling industry. The lawsuit filed by the UAW is against Elon Musk, the SpaceX and Tesla CEO, as […]
Legal
August 12, 2024
California Bookie Anticipated to Receive 30-37 Month Prison Term
Mathew Bowyer, a 49-year-old man from San Juan Capistrano, California, who was investigated for running an illegal bookmaking business, is facing between two-and-half and three years in prison. Earlier this month, the US Attorney’s Office, Central District of California confirmed that the Southern Californian bookie is expected to plead guilty to three charges. The 49-year-old […]
Legal
August 12, 2024
National Tribal Impact Unlikely in Southern Ute’s Lawsuit against Colorado
Colorado was among the states that launched online and retail sports betting in 2020. The activity was legalized through Proposition DD which received the approval of voters on November 5, 2019. Under a compact dating back to the 90s, the Southern Ute Indian Tribe was also permitted to launch sports betting. However, the state required […]
Legal
August 9, 2024
Austrian Court Orders Player to Return Winnings from Unlicensed Gambling
Gamblers using unlicensed operators across Europe often try to recover their losses. Such cases have been filed in courts in Germany, Austria, as well as the Netherlands, where restrictions related to online gambling are applicable. In a recent landmark case, a high court in Austria partially sided with the gambling operator which sought to recover […]
