Fines, Lawsuits & Litigation

AUSTRAC Sanctions Cryptolink for AML/CTF Failures in Crypto ATM Oversight

Vanja Mitic
Cryptocurrency, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Online Gambling News, Crime, Fines, Lawsuits & Litigation
Australian transaction and analysis centre (AUSTRAC) has imposed a AU$56,340 infringement notice on Cryptolink and accepted a court-enforceable undertaking to rectify major anti-money-laundering and counter-ter...

BetCity Hit With €2.65m Penalty for Failing to Safeguard Young Gamblers

Johnny K.
Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, European Casino News, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, Netherlands
The Dutch online betting platform BetCity, owned by Entain, has been ordered to pay a €2.65 million fine after the Netherlands Gambling Authority (KSA) determined that the operator failed to comply with respons...

Drake and Adin Ross Sued in Missouri Over Alleged Deceptive Promotion of Stake.us

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Fines, Lawsuits & Litigation, Missouri
A new class action lawsuit has been filed against rapper Drake, influencer Adin Ross, and the sweepstakes platform Stake.us, accusing them of deceptive, fraudulent, and unlawful promotion of an online gambling ...

U.S. Senate Pushes NBA and Adam Silver for Answers Amid Widening Gambling Probe

Johnny K.
insider trading, NBA, Latest Casino and Gambling News, U.S.A., Gaming Law & Legislation, Online gambling regulation, North America Casino News, World Casino News, Gaming Industry News, Illegal Bookmaking, Sports betting, Online Gambling News, Crime, Fines, Lawsuits & Litigation
The U.S. Senate Committee on Commerce, Science, and Transportation is intensifying its scrutiny of the NBA, pressing Commissioner Adam Silver for transparency in the league’s handling of gambling-related miscon...

NBA Coach Chauncey Billups and Heat’s Terry Rozier Arrested in Major Mafia-Linked Gambling Probe

Johnny K.
NBA, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Illegal Bookmaking, Poker, Sports betting, Online Gambling News, Conspiracy, Crime, Financial Fraud, Fines, Lawsuits & Litigation
Federal authorities have arrested Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier in connection with a far-reaching criminal investigation that uncovered Mafia-backed poker ...

Platinum Gaming Faces £10 Million Fine for AML and Social Responsibility Failures

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
Platinum Gaming Limited, the operator of popular UK gambling websites like unibet.co.uk and uk.bingo.com, has been hit with a £10 million penalty by the UK Gambling Commission. This fine comes after a thorough ...

Nevada Court Grants Aristocrat Access to Light & Wonder’s Math Models

Vanja Mitic
Online gaming software, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Technology, Gaming Industry News, Mobile gaming, Online Gambling News, Fines, Lawsuits & Litigation, Nevada
In a significant move in the ongoing legal battle between Aristocrat and Light & Wonder, a Nevada court has ruled in favor of Aristocrat's renewed motion to obtain discovery of math models for Light & W...

Federal Probe Uncovers Suspected Betting Syndicate Targeting NCAA Basketball

Johnny K.
NCAA, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Illegal Bookmaking, Sports betting, Online Gambling News, Crime, Fines, Lawsuits & Litigation
A growing investigation by federal authorities and the NCAA is revealing alarming details about a suspected gambling operation that allegedly influenced betting activity on men’s college basketball games last s...

India’s Supreme Court to Review Plea Seeking Ban on Online Gambling Apps

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, India, Online Gambling News, Asian Casino News, Fines, Lawsuits & Litigation
The Supreme Court of India has agreed to hear a public interest litigation (PIL) seeking a nationwide ban on online gambling and betting platforms that allegedly pose as social or esports games. The petition, f...

Leeds Property Tycoon Appeals £1.5 Million Gambling Loss Case Against Betfair

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom
A Leeds-based millionaire who lost 1.5 million pounds betting on football is fighting to reclaim the money in a case that could reshape how gambling firms handle high-spending customers. Lee Gibson, a 47-yea...