Tag Archives: ReadWrite

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 →

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 →

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 →

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 →

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 →

The UK Gambling Commission (UKGC) has introduced new changes that will affect online casinos, sportsbooks, bingo operators, and land-based casinos nationwide across 2026. The initial raft of changes took effect in January 2026 and applies to licensed gambling operators in … Continue reading →

Connecticut Governor Ned Lamont is pushing to tighten oversight of prediction markets, rolling out a bill that would block anyone under 21 from using the platforms or seeing ads aimed at them. The proposal lands as state regulators are already … Continue reading →

Fraudulent Lakeland tax preparer Jeffrey Dixon, who used falsified gambling winnings and losses to defraud the IRS, has been sentenced to four years and nine months in federal prison after pleading guilty last summer. The Florida local pleaded guilty to … Continue reading →

The judge ruling on suspended Osceola County Sheriff Marcos Lopez‘s case has denied a motion to compel discovery as the proceedings continue. On Thursday, February 5, a Florida judge denied a motion from the defense team of Osceola County Sheriff … Continue reading →

The Seattle Seahawks and New England Patriots will go head-to-head in Super Bowl LX, opening up plenty of opportunities to bet via prediction markets. For many, half of the fun of big sporting events like Super Bowl LX is betting … Continue reading →