Vadim Komissarov, the former CEO of Trident Acquisitions Corp. (TDAC), is facing serious federal charges, including securities fraud, obstruction of justice, and perjury. Prosecutors allege he orchestrated a scheme to deceive investors by reporting false revenue figures to secure a merger with Lottery.com. The indictment, unsealed in the Southern District of New York, details an
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In a significant legal confrontation, the Lytton Rancheria of California, along with the Dry Creek and Cloverdale Rancheria of Pomo Indians, has filed a lawsuit against the U.S. Department of the Interior (DOI) and the Bureau of Indian Affairs (BIA). The lawsuit, submitted to the United States District Court for the District of Columbia, centers on the expedited approval of a casino project slated for
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In a bold fiscal move, New Jersey Governor Phil Murphy has proposed significant tax increases on online sports betting and internet gambling, sparking widespread concern among casinos and betting firms. The proposed hikes, which would see taxes on both sectors rise to 25% from their current rates of 13% and 15%, respectively, are part of the Governor’s broader budget plan aimed
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Relax Gaming, the acclaimed iGaming aggregator and unique content supplier, has significantly expanded its footprint in Latin America by launching its services in Brazil and Peru on January 1st. This move is part of the company’s broader strategy to penetrate key emerging markets, following successful launches in Mexico in 2021 and Colombia in 2022. The entry into these markets is seen
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The Curaçao Gaming Authority (CGA) is seeking industry feedback on its newly published responsible gaming policy, with a consultation period open until March 5. The policy outlines key requirements for B2C operators, including player protection measures, age verification protocols, self-assessment tools, and self-exclusion options. While formal monitoring of the policy will begin in four months,
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Sen. Billy Hickman has introduced Senate Bill 208 to expand the Georgia Lottery’s authority and allow it to oversee sports betting. The bill accompanies Senate Resolution 131, which seeks a constitutional amendment to legalize sports wagering. Efforts to legalize sports betting in Georgia have previously stalled due to disagreements on the approach. A constitutional amendment
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Governor Phil Murphy’s proposal to increase taxes on online gambling and sports betting is facing mounting opposition from casino operators, online betting companies, and lawmakers from both parties. The proposal, part of the governor’s budget plan, seeks to raise the tax rates on both forms of gambling to 25%, up from the current 13% on
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PointsBet has received two competing takeover offers, with its board unanimously backing an AU$353 million all-cash bid from Japanese digital entertainment company Mixi. Meanwhile, Australian-based bookmaker BlueBet has proposed an alternative deal, valued between AU$340 million and AU$360 million, that includes both cash and a scrip component. The Mixi offer, presented through its Australian subsidiary,
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The Philippines has been removed from the Financial Action Task Force’s (FATF) “grey list” after addressing deficiencies in anti-money laundering (AML), counter-terrorism financing (CTF), and counter-proliferation financing (CPF). The global AML watchdog announced the decision following a plenary meeting in Paris on Friday, stating that the Philippines had successfully completed its action plan within agreed timeframes.
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The Financial Administration of the Czech Republic (Finanční Správa) has uncovered CZK 540 million ($22.71 million) in tax evasion by gambling-related businesses, following a tax audit of Czech gambling licenses for the period 2021–2022.   The investigation, which leveraged new gaming data analysis, identified suspicious financial flows and irregular player behavior in casinos, resulting in
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The Casino Association of New Jersey (CANJ) has voiced strong opposition to Governor Phil Murphy’s proposal to raise the state’s tax rate on online gaming, warning that the measure could have serious consequences for Atlantic City’s casino industry, workforce, and tourism sector.   Under the governor’s fiscal year 2026 budget plan, the tax rate on
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iGaming content and solutions provider Inspired has announced the launch of Big Big Horsey Fortune, an equine-themed slot game, for players online and in retail settings ahead of the horse-racing season. The latest release is an evolution of Big Horsey Fortune and joins Inspired’s growing omnichannel portfolio, “blending the excitement of Inspired’s much-loved Big Big
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