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Charges of theft, money laundering in casino scheme filed against New Mexico Secretary of State Dianna Duran

August 30, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Money Laundering, Conspiracy, Fines, Lawsuits & Litigation, Financial Fraud, New Mexico

On Friday, Republican Secretary of State Dianna Duran was charged with embezzlement, fraud, money laundering and campaign finance violations by New Mexico's Democratic attorney general. The 64-count complain...

Macau’s crackdown on underground banking activities will hit struggling casino industry

Renee Kingsley

August 27, 2015

China, Gaming Industry News, Economy/Finance, Money Laundering, Macau, Asian Casino News, Tax Evasion, Crime, Financial Fraud

The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the fact that it has scared away Macau’s VIP gamblers who were not willing to b...

High Roller’s attempt to avoid $11.1m casino debt spoiled by Canadian Court

Sadonna Price

August 25, 2015

Latest Casino and Gambling News, Canada, Fines, Lawsuits & Litigation, Financial Fraud, Singapore

Back in February of 2013, Jian Tu, also known as Tu Jian, visited the Marina Bay Sands and opted for a credit line of S$9.94m. The Las Vegas Sands property is still waiting on payment as Tu has not been willing...

Malta revising gaming law, player protection focus

Kim M

August 22, 2015

Latest Casino and Gambling News, World Casino News, Sports betting, Fines, Lawsuits & Litigation, Financial Fraud, Italy, Malta

An update to Malta’s gambling legislation will focus on safeguards for customers of online gambling by gaming regulators in the southern European island country. According to a Malta Gaming Authority (MGA) r...

Oklahoma state senator stole $1.8 million; more than $200k spent at casinos

Kim M

August 22, 2015

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, Financial Fraud, Oklahoma

In an Oklahoma federal court on Thursday, two-term State Senator Rick Brinkley admitted to stealing $1.8 million and filing a false tax return from the nonprofit agency where he worked. The 54 year old senat...

U.S casinos push Congress to strengthen Cybersecurity policies

Renee Kingsley

August 14, 2015

Gaming Law & Legislation, U.S.A., Casino News, Online gambling regulation, Gaming Industry News, Hacking, Unlicensed Operation, Crime, Financial Fraud

The online gambling market has significantly expanded across the globe during the last 5 years and millions of dollars get traded via these online gambling sites on a regular basis. These online casino websites...

Indian authorities accuse Hawala operator of financing casinos in Goa

Renee Kingsley

August 13, 2015

Casino News, India, Money Laundering, Asian Casino News, Bribery, Financial Fraud

Raychand Soni was arrested by Indian authorities earlier this week as he was accused of being a key ‘hawala operator’ involving bribery allegations against Louis Berger, a company that had won a contract to exe...

Louisiana Man sentenced for printing $100 bills in casino hotel room

Sam Mitchell

August 10, 2015

Latest Casino and Gambling News, Financial Fraud, Louisiana

In Lake Charles, Louisiana, a man has been charged and sentenced to a year in prison for printing counterfeit money. On August 9, 2015, Deldrick Fowler was sentenced after he was found guilty of printing $100 ...

Portocarrero brothers sentenced for involvement in Macho Sports illegal gambling ring

Kim M

August 9, 2015

Latest Casino and Gambling News, Illegal Bookmaking, Sports betting, Conspiracy, Racketeering, Financial Fraud

Facing a maximum sentence of 20 years, ringleaders of Macho Sports global gambling ring, the Portocarrero brothers were each fined $50,000 and will serve less than two years in federal prison on racketeering an...

Philippines Secretary of Justice deports alleged gambling criminal Bo Wang

Lars Jones

August 8, 2015

China, Money Laundering, Bribery, Financial Fraud, Philippines

Philippine Secretary of Justice Leila De Lima re-issued a deportation order on Tuesday for the alleged gambling kingpin from China, Bo Wang. Thursday morning he left the country from Ninoy Aquino International ...

Appeals Court: BetOnSports founder must pay $36 million late taxes and fees

Kim M

July 31, 2015

Latest Casino and Gambling News, Illegal Bookmaking, Unlicensed Operation, Tax Evasion, Online Gambling News, Conspiracy, Financial Fraud, Fines, Lawsuits & Litigation, Missouri

On Wednesday, a three-judge panel of the St Louis based Eighth U.S. Court of Appeals rejected the appeal of a former online gambling company founder who sought to avoid paying $36 million in back taxes and pena...

Self-excluded gambler ordered to cover £2 million bad check

Lars Jones

July 31, 2015

Latest Casino and Gambling News, Casino News, Fines, Lawsuits & Litigation, Financial Fraud, United Kingdom

The Ritz Club of London has prevailed in a high court case to collect on a check for more than £2 million written on 19 February 2014 by a billionaire "gambling addict". Safa Abdulla Al-Geabury must also pay da...

Arrests: International investment scam, JP Morgan hack, online casinos

Lars Jones

July 24, 2015

Israel, Casino closures, Gaming Industry News, Hacking, Cyprus, Money Laundering, Data Protection, Middle East Gaming News, Online Gambling News, Florida, Financial Fraud

The Manhattan U.S. Attorney announced on Tuesday that three men in Florida and Israel had been charged in a penny stock scam with international reach. Three Israeli residents, one an American citizen who remain...

Indian Premier League corruption scandal results in severe punishments for top cricket teams

Renee Kingsley

July 15, 2015

India, Money Laundering, Illegal Bookmaking, Unlicensed Operation, Online Gambling News, Asian Casino News, Sports betting, Tax Evasion, Conspiracy, Racketeering, Crime, Bribery, Financial Fraud

The Indian Premier League (IPL) which was founded in 2008 took the cricketing world by storm. The league format allowed millions of dollars to be traded as international cricket players from around the world w...

Atlantic County jury indict Christian Lusardi for Borgata counterfeit chip scam

Renee Kingsley

July 9, 2015

U.S.A., Poker Tournaments, Casino Cheating, Crime, Financial Fraud, New Jersey

Christian Lusardi put together an ingenious plan that involved counterfeiting poker chips. The 43 year old Lusardi decided to buy counterfeit chips from a Chinese manufacturer and then carefully counterfeited B...

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Charges of theft, money laundering in casino scheme filed against New Mexico Secretary of State Dianna Duran

Macau’s crackdown on underground banking activities will hit struggling casino industry

High Roller’s attempt to avoid $11.1m casino debt spoiled by Canadian Court

Malta revising gaming law, player protection focus

Oklahoma state senator stole $1.8 million; more than $200k spent at casinos

U.S casinos push Congress to strengthen Cybersecurity policies

Indian authorities accuse Hawala operator of financing casinos in Goa

Louisiana Man sentenced for printing $100 bills in casino hotel room

Portocarrero brothers sentenced for involvement in Macho Sports illegal gambling ring

Philippines Secretary of Justice deports alleged gambling criminal Bo Wang

Appeals Court: BetOnSports founder must pay $36 million late taxes and fees

Self-excluded gambler ordered to cover £2 million bad check

Arrests: International investment scam, JP Morgan hack, online casinos

Indian Premier League corruption scandal results in severe punishments for top cricket teams

Atlantic County jury indict Christian Lusardi for Borgata counterfeit chip scam

Macau’s Mass Market Gaming Dominates 1Q25, But Revenue Growth Slows

Booming Games Brings Classic Springtime Cheer in Easter Classics Online Slot

Saks Fifth Avenue Drops Plans for Midtown Casino

Aristocrat Nears $1B Acquisition of Interblock to Enter ETG Market

Toronto Casino Fined $120K Over Dealer Collusion Scheme