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Tag Archives: ReadWrite
BCSC alleges investment fraud to fund gambling spree
In Surrey, British Columbia, a man is alleged to have used money obtained from investors to fund a significant gambling spree. According to the B.C. Securities Commission (BCSC) in Canada, David Lawrence Pazurik accrued CAD 200,460 ($145,600) from 14 investors … Continue reading
Plans for two Manhattan casinos, Avenir and Caesars Palace, rejected
The proposals for two Manhattan casinos, the Avenir and Caesars Palace, have been halted as committees have rejected the bids. It was on Wednesday when the proposals were heard by panels who both voted to reject the plans in a … Continue reading
Minnesota woman sentenced after $2.7M embezzlement scheme to fund gambling
A 37-year-old in Minnesota has been sentenced by a US District Court to 51 months imprisonment followed by three years of supervised release for embezzlement of more than $2.7 million from her employer. The amount embezzled was largely gambled away, … Continue reading
ACMA makes further request to block illicit gambling platforms
The Australian Communications and Media Authority (ACMA) has made a request for more illicit online gambling sites to be blocked, after investigations showed they were violating the Interactive Gambling Act 2001. The regulator has asked Australian internet service providers (ISPs) … Continue reading
NY fire department finds an illegal gambling den during an inspection
An FDNY Bureau of Fire Prevention (BFP) investigation into a complaint about illegal lithium-ion battery charging has led to the discovery of an alleged gambling den. The fire department was on Elizabeth Street in Manhattan when they found ‘dangerous and … Continue reading
Gambling operator Maple International Ventures Limited has to pay £360K in regulatory action
The online gambling business Maple International Ventures Limited has to pay £360,000 (roughly $490,747) following a Gambling Commission investigation. The UK-based regulator, which licenses and regulates most types of gambling, says an investigation they completed revealed “social responsibility and anti-money … Continue reading
BetMGM leaps into entertainment sponsorship with new podcast deal
BetMGM is partnering with Better Collective to push further into the entertainment industry. The casino company will become the sponsor for the video podcast, “Roommates Show,” and the new show, “No Limit”. The move, which BetMGM states is the company … Continue reading
Chicago mayor loses big as committee votes to overturn video terminal ban
Despite being strongly against introducing video terminals for gambling purposes into Chicago, the mayor, Brandon Johnson, has failed to convince a committee not to overturn the law. Video terminals, or referred to as “video gaming” by some involved in the … Continue reading
Sweepstakes casino defenders SPGA and SGLA to merge
California’s anti-sweepstakes bill has been moving rapidly and with success since its overhaul earlier this year. Two parties, the SPGA and SGLA, both groups that represent the “social gaming” world that incorporates the sweepstakes casinos at the center of the … Continue reading
Caesars announces 2025 WSOP online fall series with $10M guarantees
Caesars Entertainment just dropped the schedule for the 2025 WSOP Online fall series. This year’s lineup includes 33 bracelet events, and for the first time ever, players in Nevada, New Jersey, Pennsylvania, and Michigan will all be playing in the … Continue reading