Tag Archives: ReadWrite

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 →

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 →

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 →

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 →

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 →

“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 →

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 →

The Orange County Sheriff’s Office shut down what officials say was an illegal gambling operation on West Colonial Drive after a six month investigation. The business called itself LiftMaster Garage Door Repair, but investigators say it was actually running unregulated … Continue reading →

The chairman of soccer club Brighton & Hove Albion, Tony Bloom, has come under fire in the media this week after a story alleged he was an anonymous gambler behind winnings of $70 million. On Friday (December 5), The Guardian … Continue reading →

Mortgage applications are one of the only things to remain stagnant across various decades. Everyone knows the pain of applying for a mortgage loan: you spend days, weeks, and sometimes even months going through the process and dealing with complicated … Continue reading →