Financial Fraud

Gibraltar Court Issues Freezing Order on Former Mansion CEO’s Assets Worldwide

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Crime, Gibraltar, Fines, Lawsuits & Litigation, Financial Fraud, United Kingdom
Karel Christian Mañasco, former CEO of the Gibraltar-based gaming firm Mansion, has faced a five million pound freezing order from the Chief Justice ruled against Mañasco's assets worldwide. Claim for damage...

The Star Served with Misconduct Claim in Financial and AML State Investigations

Radosav Milutinovic
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Money Laundering, Licenses, Oceania Casino News, Fines, Lawsuits & Litigation, Financial Fraud
Australian giant casino operator, The Star, has been served this week with another statement of claim for a securities class action in the Supreme Court of Victoria. The latest lawsuit is the second this week s...
las vegas strip

Lawsuit Against Las Vegas Strip Hotel Filled Because of High Rates

Vanja Mitic
Casino News, Gaming Law & Legislation, U.S.A., Las Vegas, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Nevada
The Las Vegas Strip tried to increase the prices - and they won’t profit from that. On the contrary, the company will experience a significant loss.  On Wednesday, a class action lawsuit was filed against th...
alvin chau

Alvin Chau, the Former CEO of Suncity Group, Sentenced to 18 Years in Jail

Vanja Mitic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Cheating, World Casino News, Gaming Industry News, Money Laundering, Illegal Bookmaking, Macau, Asian Casino News, Crime, Fines, Lawsuits & Litigation, Financial Fraud
The trial of Alvin Chau, former CEO of Suncity Group, has finally ended. Macau Court of First Instance sentenced Chau, who was in charge of a Macau junket operator, to 18 years in prison. He has been found guil...

Alabama charges 11 persons for illegal sports betting operations

Radosav Milutinovic
Greyhound Racing, U.S.A., Latest Casino and Gambling News, Horse Racing, Gaming Law & Legislation, Alabama, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Illegal Bookmaking, Unlicensed Operation, Sports betting, Tax Evasion, Online Gambling News, Taxation, Conspiracy, Fines, Lawsuits & Litigation, Financial Fraud
Federal prosecutors said Friday that 11 people across Alabama have been charged with tax evasion, illegal operation, and money laundering activities in connection to an online sports betting organization. Ille...

ASIC launches civil proceedings against Star Entertainment’s 11 casino executives and directors

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, World Casino News, Casino Cheating, Gaming Industry News, Casino moguls, Economy/Finance, Money Laundering, Licenses, Online Gambling News, Oceania Casino News, Labor Relations, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Australia's corporate regulator has commenced legal action against current and former directors and officials of casino operator Star Entertainment Group Ltd.  The Australian Securities and Investments Commissi...

Multiple DraftKings user accounts hacked for $300,000

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Hacking, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Fantasy Sports, Crime, Financial Fraud
DraftKings, prominent daily fantasy sports operator, confirmed Monday that many of its customer accounts were compromised by irregular activity on third-party internet sites. The online hacking activity resulte...
ukrainian casino

SSU Stops Funding of the Russian Federation through Illegal Online Casino

Vanja Mitic
Latest Casino and Gambling News, Casino News, World Casino News, Economy/Finance, Money Laundering, European Casino News, Online Gambling News, Conspiracy, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Russia, Ukraine
An unprecedented special operation has been conducted in Ukraine. SSU’s cyber specialists caught the group of criminals that transferred the funds from the gambling site to Russia. According to SSU, the crimina...

Tabcorp files lawsuit to Supreme Court against Entain and NSW

Radosav Milutinovic
insider trading, Greyhound Racing, Horse Racing, Australia, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Lottery, Data Protection, Licenses, Unlicensed Operation, Taxation, Online Gambling News, Sports betting, Licensing, Taxes, Fines, Lawsuits & Litigation, Financial Fraud
Tabcorp, the Australian betting and entertainment provider,  has commenced proceedings in the Supreme Court against the competing provider Entain and the NSW division of the Australian Hotels Association. Tabco...

Landing International’s Chairman Yang Zhihui suspended following legal proceedings against him by Hong Kong regulator

Marija Malenovic
Latest Casino and Gambling News, World Casino News, China, Hong Kong, Gaming Industry News, Online Gambling News, Asian Casino News, Crime, Fines, Lawsuits & Litigation, Financial Fraud, South Korea
Landing International Development Ltd., an innovative operator based in South Korea, has officially announced that it has suspended its chairman and Chief Executive Officer, Yang Zhihui, due to legal proceeding...

Cambodia-China solidify partnership to stop online gambling scams

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, China, Online gambling regulation, Casino Cheating, Gaming Industry News, Economy/Finance, Unlicensed Operation, Licenses, The Players Lounge, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Licensing, Financial Fraud
Cambodia and China solidify their partnership with an agreement to improve their joint efforts to stop online gambling and telecommunications scams. This very productive deal was announced to the public last we...

AUSTRAC audits Sportsbet and Bet365’s crime laws compliance

Radosav Milutinovic
Gaming Law & Legislation, Latest Casino and Gambling News, Australia, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Casino moguls, Money Laundering, Illegal Bookmaking, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Two corporate bookmakers, Sportsbet and Bet365, will be subjected to the audit authorized by the Australian Transaction Reports and Analysis Centre (AUSTRAC). External auditors will assess Sportsbet and Bet36...