Tag Archives: ReadWrite

Crypto.com quietly discloses that customers will face three-second delay on sports wagers

Crypto.com has confirmed that customers will experience a three-second delay when placing wagers on sports games, offering some an advantage over others. Crypto.com has revealed in its terms and conditions that customers will face a three-second delay when wagering on … Continue reading

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NBA players to get greater biometric data through Orreco and Sportradar deal

The company which provides bio-analytics solutions for athletes, Orreco, will now officially integrate NBA tracking data from Sportradar. Sportradar is the official data partner of the National Basketball Association (NBA) and its real-time player tracking and event data will now … Continue reading

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Evoke launches strategic review exploring possible group sale or breakup after budget tax rises

Evoke Plc has begun a formal review of its future direction as pressure grows in the UK gambling industry, with newly announced tax hikes and planned store reductions by one of its major brands adding to the strain. In a … Continue reading

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Washington bans prediction markets as ‘increased interest’ in event-based contracts spikes

Washington State has banned prediction markets as interest in the platforms ramps up across the United States. The Washington State Gambling Commission has officially banned prediction markets across the state, prohibiting either offering events-based contracts or participating with online operators … Continue reading

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Committee Chair Walberg presses sports unions for answers on illegal gambling scandals

US Education and Workforce Committee Chairman Tim Walberg has sent letters to several sports organizations in the wake of illegal sports gambling schemes involving professional athletes. Walberg sent queries to various organizations on Tuesday (December 9), including the National Football … Continue reading

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Five arrested in Calgary for alleged casino fraud following staff investigation

Over in Calgary, in Canada, two men and three women have been arrested as they are alleged to have been working together to defraud a casino located in the city’s southeast. The news comes from the Calgary Police Service, who … Continue reading

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Punter who sued Betfair after almost $2 million gambling loss loses appeal

Lee Gibson, a multimillionaire “problem gambler,” has lost his appeal in the Court of Appeal, after suing Betfair over losing close-to £1.5 million ($2 million) on gambling. Gibson claimed that the betting platform had a duty to protect him from … Continue reading

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Bally’s secures increase in loan, taking it to $1.1 billion for NYC casino

A deal has been agreed to increase Bally’s Corp term loan to $1.1 billion, with the initial term loan becoming $600 million and the delayed draw term loan now being $500 million. This amendment to the loan, which was entered … Continue reading

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BGC warns budget plans will mean thousands of job losses and illegal gambling set to double

“This budget means thousands of job losses,” the Betting and Gaming Council (BGC) warns as they say they’re ready to work with the UK government following the Autumn Budget announcement. The Budget confirmed an increase to gambling tax as it … Continue reading

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Singapore Police apprehend 36 people as part of illegal gambling raids

Police in Singapore have arrested 36 individuals as part of coordinated raids on suspected illegal gambling premises. The group consisted of individuals aged 16 to 69 years old, as police in the region investigated crimes surrounding banking fraud and illegal … Continue reading

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