NBA Plans Injury Report Updates and Gambling Policy Review
The NBA has informed its teams that it is evaluating a series of changes aimed at tightening injury reporting procedures, limiting certain types of gambling, and addressing competitive integrity concerns, according to a memo distributed leaguewide on Friday. The document reflects a broader response to recent federal gambling indictments involving a current player, a head […]
Premier League Team of the Week: Gameweek 17
Premier League Team of the Week There is just one Premier League game left before Christmas and we are taking a look at the standout performers from the nine games played on Saturday and Sunday during Gameweek 17. It was a weekend that saw Arsenal secure the Christmas number one spot, while Manchester City’s rising […]
Rank Group Suffers $8.33M Payment Fraud in Spain
Rank Group’s shares have slid on the news that its Spanish operations and business unit have suffered a EUR 7.1 million ($8.33 million) payment fraud incident. Rank Group Suffers from a Payment Accident – Investigations Ongoing Presently, local police authorities are involved and investigating the accident with the company operating nine venues under the Enracha […]
Guest Hits $1.3M Dragon Link Jackpot at Seminole Casino Coconut Creek
As the year is drawing to a close, there is no stopping the spin of reels at land-based casinos around Florida and the United States. One feel-good jackpot story occurred last week when, on Wednesday, December 17, a lucky guest scooped up $1.3 million payday from a Dragon Link slot machine at the Seminole Casino […]
Homeland Security Leads Bust of Illegal Gambling Operation, 230 Machines Seized
The US Immigration and Customs Enforcement’s Homeland Security Investigations division has mounted a new operation that resulted in the arrests of several individuals as well as the seizure of 230 illegal gambling machines. Florida Cracks Down on Illegal Gambling with 230 Machines Seized Conducted in Florida, in collaboration with various other agencies, including the Florida […]
Leadership Changes: MGM China Names Kenneth Feng As CEO
MGM China Holdings appointed Kenneth Feng as its new chief executive officer, a position that the 55-year-old officially stepped into at the Macau-focused casino operator on December 19. Rich Experience The longtime executive within MGM China and its parent group will bring in many years of senior management roles. Before becoming CEO, Feng served as […]
Jury Finds Grand Gateway Hotel Liable for Discrimination Against Native Americans
Retsel Corporation, the owner of the Grand Gateway Hotel in South Dakota, which sparked controversy in 2022 after stating that Native Americans were banned from the property, was found liable under the Civil Rights Act for discriminating against the minority group. Jury Sides with the NDN Collective The decision was made by a federal jury after […]
FBI Tells the Public to Be Mindful of Responsible Gambling
After a report surfaced linking game days in states with sports betting to an increase in assaults and other forms of crime, the FBI issued a statement in which it warned the public to steer clear of illegal gambling. The FBI has played a central role in tackling illegal gambling this year, with the enforcement […]
NBA Tightens Betting Rules, Updates Injury Reporting
On Friday, the NBA informed its teams of its plans to place a tighter grip on the type of bets that it can offer on its games, sending a clear message: the league wants to remain deeply involved in talks with sportsbooks and regulators. The reminder comes just two months after separate gambling-related arrests involving […]
Investors Wary as FanDuel and DraftKings Step into Prediction Markets
Investors are watching FanDuel and DraftKings delve into prediction markets with a mix of curiosity and apprehension, unsure if the potential profits are worth the legal and regulatory risks. Although both companies are proceeding confidently with this new endeavor, the market response has been noticeably restrained. Recent regulatory crackdowns against prediction markets in several states […]