Entrepreneur is "exited" amid reports to the FBI and serious allegations of fraud, intimidation and conspiracy Online gambling entrepreneur Fred Khalilian's partnership with Monster Technology Group has apparently collapsed in disarray after just a year amid serious allegations of fraud, theft, conspiracy, and intimidation that are the subject of a complaint to the FBI filed by Monster management. The publication...
Congressional Committee Hearing On Sports Betting Scheduled (Update) Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigation chairman Jim Sensenbrenner confirms September 27 hearing date On Thursday Jim Sensenbrenner, the chairman of the House Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigation confirmed that a hearing will be held September 27 titled "An Examination of Sports Betting in America’....
Fanduel To Make Good On Flawed Odds Offers (Update) Following an investigation and a discussion with the New Jersey regulator, sports betting company makes full pay-outs FanDuel announced Thursday that it is to pay out the full amounts on 12 New Jersey football betting tickets which contained flawed and mistakenly inflated good odds on the Broncos-Oakland Raiders game. The twelve...
Californian Poker Pro Wins Big At WPT Borgata Open Erkut Yilmaz scores $575,112 including a $15,000 WPT Tournament of Champions seat The WPT Borgata Poker Open concluded in a memorable victory for Californian poker pro Erkut Yilmaz this week as he bested a field of 1,075 entries to claim the main prize of $575,112, which includes a $15,000 WPT Tournament...
Hefty jail sentences could await 46-year-old Muskegon man Muskegon, Michigan internet cafe operator James Postema (46) could face fines and hefty jail sentences on illegal internet gambling and using computers for criminal purposes charges following his conviction this week by Judge Rosemarie Aquilina in Ingham County. But the owner of the Triple Cherries Internet Cafe will have to wait until...
15 percent of headcount at risk as management focuses on developing social casino and casual games 110 employees, including some members of management are to be let go from the Seattle headquarters of social gaming giant Big Fish Gaming as a result of a 15 percent cut to headcount ordered by new managing director Jeff Karp. Industry media reports Tuesday...
UK online and land gambling operator joins US National Council on Problem Gambling President’s Circle Multi-national sports and gaming group GVC Holdings plc announced Wednesday that it has joined the US National Council on Problem Gambling’s President’s Circle and will to help fund a major new study into the prevalence of gambling in the US and potential problems associated with...
In the three years 2014 to 2017 gambling generated $261 billion A study commissioned by the trade association American Gaming Association and conducted by Oxford Economics reports that over the period 2014 t2017 the US gambling industry improved its contribution to the US economy by 10 percent to $261 billion. Gambling-related companies delivered $40.8 billion in federal, state and regional...
Software and games developer seeks authority to to supply local operators with its online casino games European online gambling software and games developer NetEnt has applied to the Pennsylvania Gaming Control Board (PGCB) for a licence to provide its online casino games to state-licensed operators. Pennsylvania is the second large US state to regulate online casino and with almost 13...
Three New Jersey players claim that a total of $138,000 is being withheld following odds pricing error FanDuel's newly operational sportsbook at the Meadowlands Racetrack in New Jersey is already facing claims that it is withholding a total of $138,000 from three players, justifying its actions by pointing to T&Cs which cover technical and human error. Anthony Prince, one of...
