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Casino
July 12, 2023
Las Vegas Hotel Standoff Ends in Rescue of Hostage at Caesars Palace
An intense hour-long standoff at the iconic Caesars Palace resort on the Las Vegas Strip came to a dramatic end on July 11, as law enforcement authorities arrested a man and successfully rescued a woman who had been held hostage. Chaos Erupts at Caesars Palace as Hostage Situation Unfolds The standoff began around 9:15 am […]
Industry
July 11, 2023
Alleged Casino Robber Cop to Go On Trial in Las Vegas
The trial against a Las Vegas Metropolitan Police Department police officer, allegedly involved in three casino heists is expected to start this week after on Monday, a jury was finalized. Accusations against Caleb Mitchell Rogers claim that he was involved in three robberies at different Las Vegas casinos between November 2021, January 2022 and February […]
Legal
July 10, 2023
Nevada Regulator Warns of a Rise in Scams Targeting Casinos
The Nevada Gaming Control Board (NGCB) is running a focused campaign to spread awareness of the potential danger, reminding businesses to remain vigilant and implement robust security measures to protect against these fraudulent activities. Scammers’ continually evolving schemes make detection and countermeasures increasingly difficult, meaning casinos must continuously share information and present a united front. […]
Legal
July 6, 2023
SEC Probes Stockbroker and Friend for Insider Trading, Files Charges
An ongoing investigation by the Securities and Exchange Commission (SEC), in collaboration with other agencies resulted in the filing of charges against two individuals over insider trading. The SEC has announced that it filed charges against the chief compliance officer of an international payment processing company, Steven Teixeira, as well as Jordan Meadow, who is […]
Blockchain
July 6, 2023
Crypto Project Developer Blames Lost Funds on Gambling Addiction
The case concerns a token known as 0XENCRYPT and the project that backs it, Encryption AI. A recent Reddit post alarmed community members about the events after the token crashed from $2.05 to trading at only $0.02, according to several price monitoring websites. Encryption AI Developer Admits to Spending Project Money on Gambling In other […]
Legal
July 3, 2023
China Shuts another Gambling Ring, Arrests 93 People
China, which prohibits gambling outside of certain regions, has cracked down on yet another illegal gambling operation. Following enforcement action carried out this weekend, the police arrested 93 people and seized around $125 million (figure has been converted to USD). As a result of the raid, the illegal iGaming platform is no longer available. Investigators […]
Blockchain
July 3, 2023
Philippines Targets Company Linked to Alleged Crypto Scams
PAGCOR, the country’s regulator, has conducted a series of operations that have focused on clamping down on such activities, with the latest taking place in Las Piñas City in Metro Manila where the Philippine National Police raided a business and ordered an offshore gaming service provider to stop business with immediate activity. Clamping Down on […]
Legal
June 30, 2023
Illinois Poised to Offer Ex-Convicts Second Chance in Casinos
Governor J.B. Pritzker is now the one holding the fate of people who have served prison sentences and are looking to reintegrate into society with Senate Bill 1462 awaiting the gubernatorial signature before it may be passed into law. Second Chance for Illinois ex-Convicts at Casinos Senate Bill 1462 will not necessarily grant exclusive hiring […]
Industry
June 29, 2023
Ex-NFL Pro Kroy Biermann Named in Gambling Debt Lawsuit
Problem gambling can have a devastating effect on the lives of people that are addicted to the activity. But even if there’s no at-risk or problem gambling at hand, gambling can result in the accumulation of large debt. Now, a new report suggests that a former National Football League (NFL) star, may be facing a […]
Casino
June 27, 2023
Man Allegedly Impersonates Casino Owner, Takes Home $1M
Identity theft or fraud is a criminal activity that involves a person using information about another individual to fraudulently obtain services or goods. In Nevada, identity theft is a crime that can be punished with a fine of up to $100,000, as well as imprisonment of up to 20 years. While such crimes aren’t uncommon, […]
