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Tag Archives: ReadWrite
Connecticut warns of DraftKings scheme leading to arrests in growing fraud
The Department of Consumer Protection Gaming Division in Connecticut has issued a warning to the public regarding an emerging scheme connected to DraftKings. According to officials, the scheme targets gaming operators and “promises a big payoff but could result in … Continue reading
FanDuel joins DraftKings in resigning from the American Gaming Association
FanDuel and DraftKings have tendered their resignation from the American Gaming Association (AGA), effective immediately. Their decision has set a milestone in the current timeline of American gambling operators, underlining the split between state-regulated gambling markets and the jurisdiction afforded … Continue reading
NCAA study reveals widespread sports betting abuse targeting college student athletes
A new study by the National Collegiate Athletic Association (NCAA) has revealed high levels of sports betting abuse towards student athletes. The organization, which includes more than 500,000 college athletes across three divisions, says 36% of Division I men’s basketball … Continue reading
Dutch gambling authority issues notice to Tulipa Entertainment for AML violations
The Dutch Gaming Authority, also known as Kansspelautoriteit, has issued a notice to Tulipa Ent Limited for “violating the Prevention of Money Laundering and Terrorist Financing Act, the Wwwft.” The company offers gambling in the Netherlands under the brand names … Continue reading
Hippodrome Casino executive says talk of rise in Machine Games Duty is ‘deeply alarming’
The executive chairman of The Hippodrome Casino, Simon Thomas, has spoken out ahead of the UK’s Autumn Budget being unveiled, as he says talk of a potential rise in Machine Games Duty is “so deeply alarming.” The current Machine Games … Continue reading
Mexican national charged with robberies at Washington tribal casinos
Mexican national Edgar Gonzalez Barragan, has been charged with carrying out various robberies across Washington State, targeting banks and casinos. After the 32-year-old robbed a bank in Shoreline, Washington, in August, he was arrested by the police. They were already … Continue reading
TheLotter suspends operations in New Jersey
TheLotter has, this week, announced its operations in New Jersey will now be suspended, as it instead focuses towards expanding services in other states. The company launched in Arizona earlier this year and New York last year, but this new … Continue reading
Over 5 million people want to quit gambling, new study shows
A study by GambleAware has shown that over 5 million people in the UK want to either quit or reduce their gambling habits. Of the 5 million people, around 3.9 million are looking to do this, despite not suffering from … Continue reading
Horse racing to be unaffected by Rachel Reeves’ planned two-tier betting duty regime
Horse racing is set to be unaffected by Rachel Reeves’ proposed two-tier system for taxing sports betting as part of the Autumn Budget, according to a report from the Financial Times. The Chancellor is now planning on leaving the rate … Continue reading
Florida House weighs gambling overhaul tightening penalties and regulating fantasy sports
The Florida House of Representatives is set to look at a broad gambling proposal on Tuesday (November 18). The Industries and Professional Activities Subcommittee will take up HB 189, a bill that brings some major changes to how gambling is … Continue reading