Posts From: September 2024

DraftKings pays $200,000 to settle disclosure charges brought by SEC

The Securities and Exchange Commission today charged DraftKings Inc. with selectively disclosing material, nonpublic information to investors who followed or otherwise viewed the company CEO’s social media accounts without disclosing...

LEGAL
Aristocrat secures preliminary injunction against Light & Wonder 

Aristocrat Technologies, a leading global provider of gaming solutions, has achieved a significant legal victory in Aristocrat’s case against Light & Wonder concerning infringement of Aristocrat’s intellectual property, including misappropriation...

LEGAL
DraftKings and bet365 face image rights suite in Philadelphia

A commercial affiliate of the Major League Baseball Players Association sued DraftKings and bet365 on Monday, alleging unauthorized use of player names and images. The suit, filed by MLB Players...

LEGAL
Esportes da Sorte speaks out on money laundering investigation

One of the targets of “Operation Integration”, which is investigating an alleged money laundering and illegal gambling scheme, the bookmaker Esportes da Sorte issued an official statement, through the company’s...

LEGAL
Online gambling bill introduced at the Ohio Statehouse

A new bill at the Ohio Statehouse is proposing the legalization online gambling.  “I think that this is the next progression of gaming in Ohio,” Senator Niraj Antani (R-Miamisburg) said. ...

LEGAL
Google ads exempt from Australian gambling ad crackdown

Google’s lucrative search engine has scored an exemption from the Albanese government’s proposed crackdown on gambling advertising because wagering firms will still be able to buy “sponsored” results on some...

LEGAL
NFL Players Association claims DraftKings owes it $65 million

The National Football League Players Association sued DraftKings in New York federal court on Monday, accusing the sports-betting giant of refusing to pay what it owes for using NFL player...

LEGAL
Political figures who bet on election date will not face police charges, Met says

Met Police detectives have concluded their role in the ongoing criminal investigation into the placing of bets on the date of the General Election.  In June, it was announced that...

LEGAL
bet-at-home shares slide 4% on court order to pay €2.8 million to customer

The Supreme Court of the Republic of Austria assumed in a ruling on an individual case liability of bet-at-home.com Internet Ltd for liabilities of bet-at-home.com Entertainment Ltd. The management board...

LEGAL
Bookie in Shohei Ohtani’s interpreter case, reaches plea agreement

The bookie who fielded millions of dollars in bets unknowingly paid for by Shohei Ohtani  agreed to plead guilty to three federal charges Thursday. Mathew Bowyer, who took the action...

LEGAL