Author Archives: Techme101

Isle of Man regulator fines gambling operator $273K over AML failures

The gambling watchdog of Isle of Man has hit a former online betting company with a £200,000 ($273,000) penalty after an inspection exposed deep flaws in its anti-money-laundering (AML) controls. The action was announced on Friday (February 6), when the … Continue reading

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Dutch regulator flags One Casino and bet365 over illegal soccer betting practices

The Dutch gambling watchdog has formally contacted One Casino and bet365 after discovering that both companies briefly offered betting markets that are banned under national law. The Kansspelautoriteit, known as the Ksa, confirmed the action in a statement released on … Continue reading

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Men charged for allegedly using thousands of stolen identities to defraud online gambling sites of $3M

Two Connecticut residents have been charged with using thousands of stolen identities to defraud online gambling sites, including FanDuel, of more than $3 million. The charges were filed against Glastonbury, Connecticut, residents Amitoj Kapoor (29) and Siddharth Lillaney (29) following … Continue reading

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Federal judge shuts down Coinbase bid to block Nevada gambling enforcement

A federal judge in Nevada has shut down Coinbase Financial Markets Inc.’s last-ditch effort to stop state gambling regulators from cracking down on its event-based trading products, clearing the way for the case to continue in state court. In a … Continue reading

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DraftKings Predictions sees expansion through agreement with Crypto.com

The predictions market company DraftKings has announced an agreement with the cryptocurrency platform and CFTC-regulated derivatives exchange Crypto.com. The duo have come together to broaden the prediction markets available on DraftKings Predictions, with the expansion marketing the first player-specific sports … Continue reading

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Meta Goes to Trial in a New Mexico Child Safety Case. Here’s What’s at Stake

Attorney general Raúl Torrez is accusing the tech giant of failing to protect minors on Facebook and Instagram.

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No Company Has Admitted to Replacing Workers With AI in New York

New York state has required companies to disclose if “technological innovation or automation” was the cause of job loss for nearly a year. So far, none has.

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AI Is Here to Replace Nuclear Treaties. Scared Yet?

The last major nuclear arms treaty between the US and Russia just expired. Some experts believe a combination of satellite surveillance, AI, and human reviewers can take its place. Others, not so much.

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CNBC Daily Open: Takaichi and the AI trade in focus this week

The Takaichi trade is fueled by expectations that her policies will boost equities, while weakening the yen as she prefers looser monetary policy.

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Tesla exec Raj Jegannathan leaves automaker after 13 years

Raj Jegannathan, who was reportedly running Tesla’s North American sales team after the dismissal of a prior leader, announced his departure on LinkedIn.

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