Industry
March 27, 2023
Vermont House Clears Sports Wagering Bill
As sports betting continues to expand in the United States, more and more states are trying to get the vertical legalized. One such battle is being waged in Vermont where an online sports betting bill moved closer to getting written into law. House Bill 127, which was recently introduced by Democratic Rep. Matt Birong and […]
Casino
March 27, 2023
Legal Battle Over POM Gaming Machines Heads to Pennsylvania Supreme Court
Law.com reported that the legality of gaming devices produced by Pace-O-Matic (POM), a company based in the state of Georgia, is set to be considered by the Pennsylvania Supreme Court. An appeal was made possible due to Pace-O-Matic discontinuing the lawsuit. The case will address open questions surrounding how Pennsylvania’s Crimes Code interacts with the […]
Blockchain
March 23, 2023
SEC Sues Eight Stars over Unlawful Crypto Promotion
On Wednesday, the US Securities and Exchange Commission (SEC) charged eight celebrities with the illegal promotion of Tronix (TRX) and BitTorrent (BTT) crypto tokens. The defendants allegedly used their social media presence to promote crypto investments to millions of followers without disclosing they were getting paid for their services. So far, six stars have opted […]
Legal
March 22, 2023
Oklahoma Betting May Become a Reality as HB 1027 Passes the House Vote
In February, Representative Ken Luttrell filed House Bill 1027, which would legalize tribal sports betting in the state of Oklahoma. The measure continues to gain traction and has now been approved by the House. Earlier this month the sports betting bill passed the Appropriations and Budget Committee vote by a landslide, receiving 27 “yes” votes […]
Legal
March 21, 2023
Trainee Lawyer Embezzles Money to Repay Gambling Debt
The ruse ended when a regular audit brought to light a couple of suspicious payments. The 31-year-old Tauseef Sadeeq couldn’t come up with plausible explanations when questioned, leading to a deeper investigation, ending with Sadeeq being sentenced to prison time. Sadeeq Won’t Be Practicing Law Anymore He was the first-ever trainee at the law firm, […]
Legal
March 21, 2023
PredictIt Has Until April 5 to Respond to a CFTC Letter
PredictIt, a platform that allows customers to wager on political and financial events, is under fire by US regulators that seek to shut down the exchange. In response, the exchange filed a lawsuit, which still continues. Amid the heated battle between PredictIt and the Commodity Futures Trading Commission, the exchange’s deadline to respond to a […]
Legal
March 15, 2023
Kentucky Senate Committee Approves Betting Bill
Kentucky may soon legalize sports betting as a new bill continues to gain traction. House Bill 511 seeks to allow wagering on sports at the state’s horse racing tracks, bringing a new gambling vertical to the state. In addition, racing tracks would be able to partner with up to three online operators, allowing local customers […]
Legal
March 14, 2023
Fake Thai Cop Scammed People for Gambling Money
The police in Thailand have arrested a man who not only pretended to be a cop but also scammed people across the central Thai countryside. Then, Thaiger reported, the fraud would gamble the dirty money away in casinos in Cambodia. The man presented himself as Pol. Col. Wuttisak Phittakchan-im, 58, claiming to be a police […]
Legal
March 10, 2023
Woman Arrested after Brandishing Weapons at Harrah’s Casino AC
Sarah Watson, a Somers Point woman, is under arrest for attempting a robbery at Harrah’s Casino in Atlantic City. Investigators found out that this isn’t her first crime either. As reported by Breaking AC, Watson, 35, was arrested Friday at the casino where she pulled out a knife and an electroshock in the midst of […]
Legal
March 10, 2023
PAGCOR Terminates Contract with Auditor That Provided Fake Documents
The Philippine Amusement and Gaming Corporation (PAGCOR), the body responsible for regulating gambling in the Philippines, is terminating the contract of one of its partners. As announced by the authority, it will no longer be working with Global ComRCI, a third-party POGO auditor. Global ComRCI was responsible for probing the businesses of Philippine Offshore Gaming […]
