Posts From: June 2024

Seventeen charged in $22M illegal gambling ring on Staten Island

The New York State Attorney General’s office unsealed an indictment Tuesday charging 17 individuals in connection with a mob-run gambling and loansharking network that operated across Staten Island and New...

LEGAL
Richard Desmond’s lottery firm files claim against Gambling Commission

Health Lottery owner and former newspaper baron Richard Desmond is to take the Gambling Commission to court over his failed bid to run the National Lottery.  Northern & Shell, the previous...

LEGAL
Sportsbet set to improve AML obligations in Australia

AUSTRAC has accepted an Enforceable Undertaking from Sportsbet Pty Ltd (Sportsbet) to uplift its compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. After an extensive supervisory campaign assessing entities...

LEGAL
FanDuel founders reopen lawsuit against takeover investors

The founders and shareholders of FanDuel will get another chance to hold the company accountable for allegedly cheating them out of proceeds from the business merger with Flutter Entertaiment, the...

LEGAL
Ippei Mizuhara pleads not guilty in procedural move

Ippei Mizuhara, the former interpreter of Los Angeles Dodgers star Shohei Ohtani, pleaded not guilty to bank and tax fraud on Tuesday. The not guilty plea is a formality ahead...

LEGAL
Iowa athletes charged in sports betting investigation are suing state

More than two dozen athletes who were based in Iowa filed a federal lawsuit Friday alleging that state criminal investigators violated their constitutional rights by using geolocation software to track...

LEGAL
DraftKings granted preliminary injunction against former executive

A federal judge on Tuesday severely restricted what services a former DraftKings executive could provide sports betting rival Fanatics after finding he likely misappropriated valuable trade secrets before taking a...

LEGAL
Shohei Ohtani’s ex-interpreter lost staggering $40 million across 19000 bets

Japanese baseball star Shohei Ohtani’s former interpreter was charged with bank fraud on Thursday in federal court and accused of stealing $16 million from the Los Angeles Dodgers power-hitting pitcher...

LEGAL
Danish Gambling Authority set to block more illegal sites

The Danish Gambling Authority has released the annual report describing the authority’s work with illegal gambling. The report explains the rules for when a gambling product is legal in Denmark...

LEGAL
Bet365 faces AML investigation by Australian watchdog

AUSTRAC has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365). The investigation will focus on whether bet365 has complied with its obligations under the Anti-Money Laundering and...

LEGAL