Posts From: July 2024

Banned NBA player Jontay Porter to face federal felony charge

Former Toronto Raptors center Jontay Porter will face federal charges for his role in an alleged sports gambling operation that has already seen four others charged. He is expected to plead guilty...

Legal
DraftKings to face securities suit over NFTs

The class action suit from DraftKings buyers alleges that NFTs are investment contracts. Justin Dufoe, a buyer, first filed suit against DraftKings, on behalf of other owners in March 2023. A...

Legal
Sky Bet ‘reluctantly’ remove betting on Bath races

Top bookies including Sky Bet and Paddy Power will refuse to offer odds at Bath Races on Wednesday as a media rights dispute takes place. A Flutter spokesperson told national...

Legal
Sunak vows to ‘boot out’ Tories found to have broken betting rules

Any Conservatives who have broken gambling rules will be “booted out” of the party, Rishi Sunak has said as officials admitted a fourth person with ties to the prime minister...

Legal
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