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Industry
August 9, 2023
Gambler Loses Legal Challenge against Aspinall’s Club
Just like with driving, drinking alcohol doesn’t mix well with gambling. A London-based businessman that gambled away more than half a million dollars in a single night at a casino, claimed that the loss was because he was “too drunk to gamble.” The incident involves Lester Hui and dates back to February 2016 when he […]
Legal
July 31, 2023
High Court Sides with UKGC in IGT’s Lawsuit for Damages
The globally recognized operator, Allwyn, secured a license for the National Lottery in the UK back in 2021. This came after a decision of the gambling regulator in the country, the UK Gambling Commission (UKGC), to award the license. However, that decision resulted in lawsuits against the regulator. Initially, International Game Technology (IGT), filed a […]
Legal
July 26, 2023
AG in Oklahoma Backs State in Unlawful Gaming Compacts Lawsuit
Oklahoma Attorney General Gentner Drummond announced Tuesday it plans to represent the interests of the state in a years-long legal battle over unlawful gaming compacts that resulted in losses of state resources. Back in 2020, Gov. Kevin Stitt’s office reached revised gaming compacts with four Native tribes, the Otoe-Missouria, the Kialegee Tribal Town, the United […]
Legal
July 25, 2023
US Fifth Court of Appeals Sides with PredictIt in CFTC Lawsuit
PredictIt is a popular platform that enables customers to place wagers regarding the outcome of financial, as well as political events. The betting platform has been involved in a lawsuit for quite some time now after the Commodity Futures Trading Commission (CFTC) asked it to discontinue its offering last summer. In response, PredictIt filed a […]
Legal
July 24, 2023
Australian Federal Court Hits Illegal Gambling Operator with Fine
The Australian Federal Court has ordered a company that was believed to have offered illegal online gambling services, to pay a fine of AU$5 million ($3.4 million). Announcement about the enforcement action came Monday and follows complaints raised by two customers of the online gambling operator. The decision of the Federal Court also comes after […]
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 […]
Legal
June 30, 2023
Charges against Ex-Wynn Executive in Varsity Blues Scandal Dropped
Gamal Abdelaziz, the former Wynn Resorts executive, was one of the many defendants involved in the massive Varsity Blues scandal that made news headlines a few years ago. Allegations against him claimed that he paid $300,000 to have his daughter accepted into a US university without her meeting the athletic standard. Now, in a new […]
Legal
June 26, 2023
Vetnos Files Lawsuit against PrizePicks, Claiming Patent Infringement
Vetnos LLC is a business-to-business provider of fantasy sports technology that has a growing presence in the United States. The company provides tribal operators in states such as Oklahoma and California with daily fantasy sports (DFS) technology, powering their operations. While Vetnos holds three patents for technology that helps mitigate performance and financial risks related […]
Legal
June 20, 2023
Former Tribal Chairman Files Discrimination Lawsuit against Reno Casino
A lawsuit has been filed against the Grand Sierra Resort and Casino, a prominent attraction in Reno, Nevada, by Jimmy-John Thompson, former tribal chairman of the Timbisha Shoshone Tribe in California. Native American Guest Faces Accusations and Eviction According to court documents, the incident occurred on October 15, 2022, when Thompson, during his stay at […]
Legal
June 10, 2023
Fliff Faces $5m Class Action Lawsuit in California
The operator of sports prediction games for entertainment, Fliff, is facing a class action lawsuit in California after a complaint seeking $5 million in damages was filed with the US District Court for the Central District of California on June 6. Seeking Compensation for the Losses The plaintiff, Bishoy Neshim, claims he lost over $7,000 […]
