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Tag Archives: ReadWrite
Michigan Gaming Control Board announces sentencing in party store illegal gambling case
A 32-year-old has been sentenced after pleading guilty to permitting an illegal gambling house for gain, the Michigan Gaming Control Board has confirmed. The man, Gurjinder Singh, was sentenced by Judge Steven M. Timmers in 62A District Court in Kent … Continue reading
Hundreds of illegal gambling devices seized in Florida in ‘Operation Funny Money’
The Florida Gaming Control Commission (FGCC) assisted the U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI) and the Internal Revenue Service (IRS) with ‘Operation Funny Money’ which saw coordinated enforcement action targeting alleged illegal gambling across Florida. The operation … Continue reading
Ontario’s AGCO introduces new standards for Centralized Self-Exclusion Program
The Alcohol and Gaming Commission (AGCO) in Ontario has announced changes as it prepares to launch its iGaming Centralized Self-Exclusion (CSE) program next year. Through the CSE, players in the province will be able to voluntarily exclude themselves from all … Continue reading
Brooklyn man indicted in $16 million Coinbase cryptocurrency phishing scam case
The Brooklyn District Attorney’s Office said Friday (December 19) that a 23-year-old man from Brooklyn has been indicted for his alleged role in a Coinbase cryptocurrency scam that authorities say cost victims nearly $16 million. Prosecutors estimate that about 100 … Continue reading
Slot jackpot tax increase to go into effect in time for 2026 taxes
The IRS has now published updated confirmation that the casino slot jackpot tax is to be almost doubled in 2026. An X post by Vital Vegas stated: “Sources say the IRS will officially confirm the reporting threshold for slot jackpots … Continue reading
Hard Rock Bet Sportsbook launches “For You” personalized betting hub
Hard Rock Bet Sportsbook has launched a new feature called “For You” on December 17. This is an in-app personalization hub that caters to each user and their individual betting habits. This is based on things such as favorite leagues, … Continue reading
Ho-Chunk Nation moves to block Kalshi from offering contracts during ongoing lawsuit
Due to the ongoing lawsuit, the Ho-Chunk Nation has moved to block Kalshi from offering sports contracts for the duration of the legal battle. According to legal documents shared by gaming lawyer Daniel Wallach, the Ho-Chunk Nation has moved for … Continue reading
Two women arrested for allegedly running a Sarasota gambling house
Two women have been arrested and charged with allegedly running an illegal gambling house in Sarasota. Two women, 48-year-old Kelly A. Mallia and 62-year-old Valerie A. Mallia, were taken into custody by the Sarasota Sheriff’s Department on December 16. The … Continue reading
Kalshi files to self-certify a contract that would allow users to be on college athletes
A new filing from Kalshi to self-certify a contract suggests that the prediction market could be planning to offer bets on college athletes. New filings submitted to the Commodity Futures Trading Commission (CFTC) by Kalshi on Tuesday, December 16, include … Continue reading
US Congressman raises concerns about Kalshi/CNN partnership in public letter
Congressman Abe Hamadeh has shared concerns about the partnership between Kalshi and CNN, highlighting “threats to market integrity, democratic stability, and American national security”. Congressman Abe Hamadeh wrote a letter to Acting Chairwoman of the Commodity Futures Trading Commission, Caroline … Continue reading