Posts From: January 2025

US regulators to investigate Crypto.com over sports event betting

The Commodity Futures Trading Commission put Super Bowl and other sports-related derivatives contracts traded on Crypto.com’s exchange under review to determine whether they meet legal standards. The agency said in a statement Tuesday...

LEGAL
Esportes da Sorte obtains injuction to operate in Brazil

Esportes da Sorte had its preliminary injunction request granted to operate throughout Brazil. The information was initially released by Fred Azevedo, former casino director and influencer, and confirmed by Poder360....

LEGAL
DraftKings settle lawsuit with former executive over move to Fanatics

DraftKings has reached a settlement with a former executive that the sports betting company had accused of stealing trade secrets before he quit his job to help build out rival...

LEGAL
Gambling Commission launches license review into Evolution

Evolution has been informed by the UK Gambling Commission that it has commenced a review of Evolution Malta Holding Limited’s operating licence under Section 116 of the Gambling Act 2005....

LEGAL
Ukrainian Law enforcers detain head of Gambling Commission, Ivan Rudyi

Law enforcement officers detained the head of the Commission for the Regulation of Gambling and Lotteries Ivan Rudyi. He is suspected of aiding representatives of the aggressor country. This was...

LEGAL
FORMER PREMIER LEAGUE FOOTBALLER LI TIE GETS 20 YEAR JAIL SENTENCE FOR MATCH FIXING

Former Everton midfielder Li Tie has received a 20 year jail sentence in China for match fixing.  Li, one of his country’s best known players from his time in the English Premier League and the national...

LEGAL
Australian politicians demand Sportsbet pull promotional adverts from Snapchat

Snapchat has long been considered the home of the most iconic filters, partnering with brands to launch new products or build hype for new TV shows, but this feature has taken...

LEGAL
DraftKings sued in New Jersey after gambler lost $1 million of his wife’s money

A New Jersey father lost nearly $1 million he stole from his wife and two kids while in the throes of a ruinous gambling addiction the man’s family claims was...

LEGAL
US senators seek antitrust probe of DraftKings, FanDuel

Sens. Mike Lee (R-Utah) and Peter Welch (D-Vt.) sent a joint letter to the Federal Trade Commission (FTC) and Justice Department on Friday urging lawmakers to investigate the actions of...

LEGAL
BC.Game withdraws from Curaçao after bankruptcy ruling

BC.GAME announced its decision to withdraw its license specifically from Curaçao. This move reflects Curaçao’s increasingly hostile environment for operators in recent years. Despite ongoing efforts to modernize Curaçao’s i-Gaming...

LEGAL