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Tag Archives: ReadWrite
Seminole Gaming’s COO speaks out against rise in illegal gambling in Florida
Seminole Gaming’s COO, David Hoenemeyer, has released a statement as Florida wrestles with a rising illegal gambling industry. In recent months, the state has been host to several busts and stings, weeding out illegal gambling rings. As we’ve previously reported, … Continue reading
Man jumps overboard from cruise after racking up $16,000 in gambling debts
Turbulent seas ahead, as a passenger decided to jump overboard from his cruise, with suspicions it was to avoid his $16,000 gambling debts. Jey Xander Omar Gonzalez-Diaz has now been picked up by federal prosecutors after he reportedly tried to … Continue reading
Light & Wonder plans to crush debt with $1 billion unsecured notes
Light & Wonder, Inc. has a new plan to repay its outstanding debt by offering $1 billion in “aggregate principal amount of senior unsecured notes.” These will be due in 2033, as a private offering. This comes as the firm became … Continue reading
Third Circuit judges appear skeptical of New Jersey in Kalshi case
The Third Circuit Court of Appeals heard arguments this week in Kalshi v New Jersey, a closely watched case testing where state authority over gambling stops and where the Commodity Futures Trading Commission’s authority over swaps begins. From the start, … Continue reading
NCAA boots gambling students after they won over $16K betting on themselves
The National Collegiate Athletic Association (NCAA) has released a statement after it uncovered three student-athletes were involved in gambling on their own games. Named and shamed by the organization, Mykell Robinson, Steven Vasquez, and Jalen Weaver have since been released … Continue reading
EstrelaBet partners with Stats Perform to expand live soccer betting
EstrelaBet, a Brazilian gaming technology company, has signed a multi-year deal with Stats Perform, a leader in sports data and artificial intelligence. Through this partnership, EstrelaBet customers are expected to get access to a much wider range of live soccer … Continue reading
Second largest Powerball jackpot claimed, amounting to $1.787 billion
The second largest Powerball jackpot in US game history has been won by two people who have split the historic prize, with the amount totalling $1.787 billion. The two people with the jackpot-winning tickets, sold in Missouri and Texas, have … Continue reading
Mike Tyson’s new show ‘Return of the Mike’ to run at Hard Rock Casino hotels
The boxing legend Mike Tyson will be bringing his new live show ‘Return of the Mike’ to four Hard Rock Live venues across the country from this November. The heavyweight boxing champion’s newest venture comes after his previous show ‘Undisputed … Continue reading
Swedish Gambling Authority closes postcode lottery case
The Swedish Gambling Authority, Spelinspektionen, has decided to shut down an ongoing case into the Swedish Postcode Association. According to a statement from the regulator, no further action will be taken in the Svenska Postkodlotteriet case that was initially recommended … Continue reading
South Korea repatriates casino crime suspects in $3.8B crackdown
South Korean authorities have released a statement marking the repatriation of suspected ringleaders in a 5.3 trillion KRW ($3.8 billion) illegal casino site case. The National Police Agency revealed that forty-nine suspects had been flown back to South Korea to … Continue reading