New York State investigators busted a mob-backed sports gambling and loansharking operation in Staten Island, officials announced on Wednesday. The bust resulted in the arrest of 17 individuals with alleged ties to the Gambino crime family, following an 84-count indictment. The indictment revealed an illegal gambling enterprise that managed over $22.7 million in sports bets
Month: June 2024
The Federal Court of Australia has ordered SkyCity Entertainment Group to pay AU$67 million ($44.2 million) of civil penalty following a money laundering case. The ruling was in relation to a case brought on by the Australian Transaction Reports and Analysis Centre (AUSTRAC). SkyCity and AUSTRAC agreed on the penalty amount last month. This resolution, now
June 07, 2024 All good things must come to an end, and that is the case with the PokerStars SCOOP Afterparty, which draws to a close on June 10. As with all online poker tournament festivals worth their salt, the SCOOP Afterparty concludes with its Main Events; three of them, in fact. The trio of
SkyCity Entertainment Group, the prominent New Zealand-based operator of casinos in Adelaide, Auckland, and Queenstown, has announced the suspension of its dividends and revised its earnings forecasts downward for the current and upcoming fiscal years due to a decline in customer activity. In a recent communication with investors, SkyCity cited an “ongoing challenging economic environment
Kalamba Games is ecstatic to reveal that Dutch players can now access its games through Jacks.nl. This collaboration marks a pivotal moment in the company’s pursuit of innovation and entertainment. Given the Netherlands’ vibrant culture and passionate gaming community, it’s a golden opportunity to showcase Kalamba’s cutting-edge slots on one of the Dutch market’s rising
In a bid to beat Japan and inaugurate an integrated resort before 2030, Thai authorities are pushing forward with ambitious plans, but legal experts caution that the road ahead is paved with legislative complexities and potential delays, as discussed during a panel session at the G2E Asia conference. Navigating legislative complexities: prospects and challenges: At
A congressman is advocating for an amendment to the National Defense Authorization Act (NDAA) to prohibit slot machines on military bases, expressing concerns about the potential risks of gambling addiction among service members. Rep. Paul Tonko, representing New York’s 20th congressional district, has filed an amendment aimed at preventing the operation of slot machines by
Games Global, a prominent supplier of online gaming content, recently awarded a staggering €11,846,211 jackpot to a fortunate player who triggered the WowPot progressive jackpot on Wolf Blaze WowPot! Megaways. This monumental win not only stands as Coolbet’s largest payout but also marks the highest prize of the year thus far. Unprecedented success and phenomenal
Gaming giant Aristocrat Gaming was crowned Casino Supplier of the Year at the annual Global Gaming Awards Asia-Pacific on Tuesday. Additionally, the company’s Dragon Link slot game was named Casino Product of the Year. Aristocrat Gaming was the only company to win more than one award at the ceremony. This year’s winners were announced at
iGaming solutions provider SOFTSWISS marked World Environment Day on Wednesday by reaffirming its commitment to environmental sustainability through a series of green initiatives. Employees from SOFTSWISS’ key offices in Poland and Georgia participated in local greening projects to enhance their cities’ natural beauty and ecological health. Team members enthusiastically planted various plants, contributing to the
Gaming products and solutions provider Amusnet has announced its participation at the 21st edition of PGS Lima in Peru from June 12 to 13. With a history of attending the expo, the company will highlight “its presence and reputation as a reliable business partner in the LATAM market,” Amusnet said. During the event, Amusnet will
Gaming test lab and product certification consultancy BMM Testlabs has announced that it is exhibiting at the Peru Gaming Show (PGS), taking place June 12-13 at the Jockey Exhibition in Lima. From BMM’s Booth No. 31-32, the company will focus on its more than 16 years of serving the Latin American market with testing and
The European Parliament has approved new rules mandating cryptocurrency agencies to conduct due diligence to combat money laundering. The regulations impact all crypto-asset service providers (CASPs) under the new Markets in Crypto-Assets (MiCA) law, including casinos accepting UK players not connected to GamStop that use crypto. All crypto exchanges in the European Union will have
June 07, 2024 Although some poker players have a blatant disregard for money, most love to save a few dollars here and there, especially is the money saved stems from cut-price poker tournament entries. Those reading this article who want to add some value to their Sunday grind should head to 888poker on June 9
According to a recent report by Technavio, a leading technology research and advisory firm, the global sports betting market is set to expand significantly, with an anticipated growth of USD 189.3 billion from 2024 to 2028. The market is expected to achieve a compound annual growth rate (CAGR) of 12.02% during this period. Technological innovations,
June 07, 2024 June 6 was the tenth day of the 2024 World Series of Poker (WSOP) at the Horseshoe and Pairs Las Vegas, and it may just be our favorite day of the series so far. By the time the last WSOP staff member turned out the lights, three players had won bracelets, and
The Victorian Gambling and Casino Control Commission (VGCCC) has announced a comprehensive inquiry into the regulation of bingo, inviting Victorians to help shape a fairer and more modern bingo-playing environment. By working with industry stakeholders and the community, the Commission aims to understand the challenges within the sector and explore ways to improve regulatory and
June 07, 2024 Action has concluded in Event #17: $800 No-Limit Hold’em DeepStack and TJ Murphy has emerged victorious, earning his first World Series of Poker (WSOP) gold bracelet, along with a hefty payout of $368,977. Murphy came into the final table as the chip leader and never looked backed, knocking off six out of
The Commission for the Regulation of Gambling and Lotteries (KRAIL), Ukraine’s gambling regulator, has taken decisive action against illegal gambling activities in the country. Recently, KRAIL blocked 371 websites offering illegal gambling services as part of a joint effort with the Security Service of Ukraine. This move was formalized through Order No. 451/2256, which targeted
June 07, 2024 The final hand for Event #15: $1,500 Pot-Limit Omaha Hi-Lo 8 or Better has been dealt here at the Horseshoe and Paris Las Vegas. Caleb Furth started the day with the chip lead, and by the end of the night, he was the last player standing. Furth overcame a field of 1,277