Industry
October 31, 2024
Michigan Men Plead Guilty in Illegal Storefront Casino Case
Two men who faced felony charges over running an illegal gambling business in Flint, Michigan, recently pleaded guilty. Investigation Helps Shut Down Gambling Business Without a License The case involves a 52-year-old Grand Blanc resident identified with the initials L.A.K., as well as a 55-year-old Saginaw resident with the initials R.J. The duo recently pleaded […]
Industry
October 30, 2024
Illegal Gambling and Fraud Ring Busted in Porterville, California
The attempted use of a stolen credit card resulted in the dismantlement of an illegal gambling business and fraudulent operation in Tulare County, California. Six People Suspected of Fraud, Illegal Gambling Arrested Law enforcement released details regarding the operation which was conducted last week. An announcement from the Porterville Police Department confirms that three addresses […]
Industry
October 30, 2024
Gambling Addict Who Killed Two Sex Workers Faces Lowered Charges
Gambling addiction may push people into different unlawful activities. Some consider fraud, scams or theft as a way to accumulate funds quickly to settle a gambling debt or fuel their gambling while others may cross a line by committing even more serious crimes such as murder. That is the case of a Chinese national who […]
Casino
October 30, 2024
Michigan Coin Dealer Accused of Fraud and Gambling Away Customer Funds
In Michigan, coin and jewelry merchant Matthew Joseph Burton, age 52, stands accused of several serious crimes. Coin Shop Owner Accused of Defrauding Clients to Fuel $5M Slot Machine Habit Burton stole hefty amounts from his patrons, money they had given him to buy gold and silver. He did not give them the metals they […]
Industry
October 29, 2024
Yolo Group CEO Tim Heath Thwarts Kidnapping Plot
A recognizable entrepreneur, businessman and crypto investor recently evaded a daring kidnapping attempt in Estonia. Bail Denied for Suspected Kidnapper The criminal case involves Tim Heath, the founder of Yolo Group and investor in gaming, fintech and crypto verticals. Although details regarding the attack emerged last week, the kidnapping attempt itself dates back to July. […]
Legal
October 28, 2024
New Hampshire Casino Owner, Former Senator Indicted
Earlier this month, the owner of Concord Casino and former New Hampshire state senator, Andy Sanborn, was arrested over allegations of fraud and misappropriation of COVID-related relief funds. Now, the former senator was officially indicted on felony charges after allegedly stealing nearly $200,000 from the state. Sanborn Indicted on Theft by Deception A grand jury […]
Blockchain
October 28, 2024
DraftKings Ambassador Mathis Faces Backlash Over Alleged Crypto Scheme
Taylor Mathis, a well-known social media figure and DraftKings ambassador, finds herself in hot water. People accuse her of manipulating the crypto market with a digital currency named after her, $TAYLOR. Taylor Mathis Faces Market Manipulation Claims as $TAYLOR Token Value Crashes Mathis, famous for her “Walking Bets” videos, promoted the token to her many […]
Industry
October 25, 2024
Two Men Arrested for Racketeering Amid Illegal Arcades Raid
Two men are in police custody on racketeering charges following a raid on two illegal arcade locations in Indian River County. Investigators from the Indian River County Sheriff’s Office executed search warrants on Wednesday, targeting sites suspected of operating illegal gambling activities, including one under the name Panda Arcade, located off US Highway 1, and […]
Industry
October 25, 2024
Texas Continues Illegal Gambling Crackdown with Raids in Bryan
Over the last few months, Texas intensified its efforts against illegal gambling. Conducting raids, seizing assets and shutting down illegal gambling outlets, law enforcement has conducted dozens of operations recently. Eight Businesses in Bryan Raided In one such operation, eight search warrants were executed throughout the city of Bryan, KCENTV reports. During the raids, police […]
Industry
October 24, 2024
New Report Warns of Money Laundering Threat in India’s iGaming Sector
With a whopping number of 442 million gamers, India has become the second-largest gaming market worldwide, only surpassed by China. As with the rest of the global gaming hubs, India is also dealing with money laundering concerns tied to the gaming industry, among others. A recent report has emphasized the need for stricter regulations to […]
