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Tag Archives: ReadWrite
Cambodia extradites Chen Zhi, who allegedly ran multi-billion scam and gambling rings
Cambodia extradites billionaire businessman Chen Zhi to China, where he is accused of running a vast scam empire spanning cryptocurrency, illegal gambling, and labor camps. Prince Group, the company being used to commit the alleged crimes, has had its operations … Continue reading
FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting
FanDuel has been hit with a CAD 350,000 ($252,000) penalty from the Alcohol and Gaming Commission of Ontario (AGCO). The fine comes as the Canadian arm of the sports gambling giant failed to tackle match fixing and “suspicious betting.” The … Continue reading
Polymarket becomes official partner of New York Rangers
The prediction market company, Polymarket, will now be integrated during New York Rangers games at Madison Square Garden, following the announcement of a brand-new partnership. In the shared news, it’s been confirmed that Polymarket has become the Official Prediction Market … Continue reading
Governor Janet Mills allows Wabanaki Nations to launch online casino gambling despite opposition
Maine Governor Janet Mills announced on Thursday (January 8) that she is going to let LD 1164, a bill that gives the state’s Wabanaki Nations the right to run online casino gambling, become law. The move quickly sparked strong reactions, … Continue reading
Bragg Gaming Group signs Golden Whale partnership, supporting goal of being fully AI-first
The iGaming technology provider, Bragg Gaming Group, has announced a strategic partnership with Golden Whale Production which will serve as a step in building the Bragg AI Brain. As part of the agreement, Bragg will be able to leverage Golden … Continue reading
San Diego Police raid an illegal gambling operation in a City Heights home
The San Diego Police Department raided an illegal gambling operation in a City Heights home on January 3, as confirmed in a post on their official Facebook page. What looked like an ‘ordinary house’ was filled with gambling machines, a … Continue reading
US states busy filing gambling bills, with nine introduced so far this year
Several states across the country have been busy this week, as bills related to gambling have been filed, marking a potential desire for stronger regulations or new introductions in the industry. Representatives across Virginia, Florida, New Jersey, Indiana, New York, … Continue reading
Suspect in drive-thru robbery tracked to casino in Alabama
Police officers were dispatched to a robbery at a Chick-fil-A restaurant in Leeds, Alabama, on January 2, in which the suspect had a weapon. The suspect, 32-year-old Kaudija Shondrelle Haynes, threatened to use mace while in the drive-thru of the … Continue reading
Diego Simeone partners with Betinia in major ambassador deal
Atletico Madrid manager Diego Simeone has recently been appointed as the official ambassador of Betinia, a sports betting and casino platform, as announced in a press release. The brand focuses on using a loyalty journey inspired by a sports career … Continue reading
Kalshi CEO says they’re supportive of proposal to ban government officials from insider trading
The CEO of prediction market Kalshi, Tarek Mansour, has taken to social media to share support for a bill which would ban government officials from using prediction markets. The bill is in reference to one which could soon be introduced … Continue reading