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Tag Archives: ReadWrite
Illegal gambling FBI raid in Wilder sparks community outrage for ‘excessive force’
The FBI, together with a number of enforcement agencies, raided an illegal gambling operation in Wilder, Idaho. Four men have been arrested as part of an operation involving around 200 law enforcement personnel on October 19. A federal search warrant … Continue reading
AWS outage disrupts gambling sites and sportsbooks ahead of Monday Night Football
The Amazon Web Services (AWS) outage disrupted services around the world, including for gambling sites ahead of Monday Night Football. An ‘operational issue’ at AWS has caused knock-on outages for various online services, across social media like Snapchat and Roblox, … Continue reading
Tribal coalition joins Robinhood lawsuit in Massachusetts gaming regulation battle
A coalition of tribal governments and gaming associations has decided to get involved in the ongoing legal fight between trading platform Robinhood Derivatives, LLC and the Massachusetts Gaming Commission. They argue that the case could have major effects on tribal … Continue reading
Las Vegas lawyer accepts plea deal in $460M Ponzi case
A man from Las Vegas has entered a plea agreement as part of a $460M Ponzi case involving over a thousand victims. The saga of Matthew Wade Beasley and the law enforcement of Sin City would be Hollywood blockbuster material … Continue reading
Gespa files criminal complaint in connection with FIFA Collect
Swiss regulator Gespa has filed a criminal complaint into the actions of the Fédération Internationale de Football Association (FIFA) and its digital collectable market FIFA Collect. Gespa argues that the products offered by the collectable site fall under illegal gambling … Continue reading
Nevada court grants Aristocrat discovery access in Light & Wonder lawsuit
A federal court in Nevada has changed course and granted Aristocrat Technologies’ renewed request to access the mathematical models used in certain Light & Wonder “Hold & Spin” slot games released since 2021. This discovery order is part of an … Continue reading
Nevada regulators file motion to dissolve Kalshi injunction
Nevada regulators have filed a motion to dissolve a previously held injunction that allows Kalshi LLC (Kalshi) to continue offering event contract lines in the state. This could be a significant threat to Kalshi, as the predictions provider has been … Continue reading
BetMGM and Pittsburgh Steelers confirm partnership through to 2029 season
The sports betting operator, BetMGM, has confirmed that its partnership with the Pittsburgh Steelers will be extended through the 2029 season. The renewed agreement means BetMGM will be the Official Sports Betting, Online Casino and Gaming Partner, with its presence … Continue reading
Big-name pro Tony Lin apologizes for $5M WSOP real-time coaching scandal
World Series of Poker (WSOP) pro player Tony ‘Ren’ Lin was disqualified over a real-time coaching scandal and has penned a public apology. The storm centered around a live chat involving a fellow tournament player seeking advice on a hand … Continue reading
CME could be entering sports contracts market, reports suggest
Kalshi could soon have a new major competitor in the industry, as rumors suggest that the derivatives marketplace CME could be launching sports contracts. According to Bloomberg, who cite people familiar with the matter, the CME Group Inc “is planning … Continue reading