3338 stories by Philip Conneller
Entain Shares Dive as Australian Authorities Sue for AML Failures
Shares in British online gambling giant Entain fell by almost 7% Monday following news that Australia’s financial intelligence agency, AUSTRAC, is suing the company for violating anti-money laundering (AML) rules. The Ladbrokes parent, which owns half of BetMGM in the US, is...
Maverick Gaming’s Challenge to Washington State Tribal Sports Betting Fails
Washington State card room operator Maverick Gaming’s efforts to overturn the state-sanctioned tribal monopoly on sports betting appear to be dead in the water. Maverick unsuccessfully challenged the tribes’ exclusivity last year when it sued the state and the federal government, arguing that Washington’s...
Crown Resorts, Star Entertainment Sued for Fraudster’s Missing Millions
Liquidators chasing the ill-gotten gains of fugitive corporate fraudster Michael Gu are preparing to sue Australian casino operators Crown Resorts and Star Entertainment for up to US$45 million, The Sydney Morning Herald reports. Gu claimed to be a high-flying, high-end property developer...
Xi Jinping Heading to Macau as New Leader Takes Office
Chinese President Xi Jinping may be passing on Donald Trump’s inauguration ceremony, according to reports, but he will be heading to Macau on Wednesday to swear in the enclave’s new leader, Sam Hou-fai. Sam is a Beijing loyalist and will be the...
Genovese Capo Sentenced for Illegal Gambling on Long Island
A former acting capo of the Genovese crime family was sentenced to 30 months in prison Friday on racketeering charges in connection with an illegal gambling business in Lynbrook, Long Island. Carmelo “Carmine” Polito, 64, pleaded guilty on April 5 to operating...
Encore Boston Harbor Land Sale Fraud Case Will Go to Trial
A fraud and unfair trade practices complaint brought against Wynn Resorts by the former owner of the land on which the Encore Boston Harbor now stands will go to trial. The former landowner, FBT Everett Realty, accuses the casino giant of using...
Holland Casino Adds Extra Zero to Roulette to Offset Tax Hike
Higher gambling taxes in the Netherlands have forced the nation’s largest casino chain, Holland Casino, to resort to desperate measures – it’s adding an extra zero to its roulette tables. In the U.S. it’s the norm to have two zero pockets on...
China Sentences Ex-EPL Soccer Star to 20 Years for Bribery, Match-Fixing
Li Tie, the former Everton player and coach of China’s national soccer team, was sentenced to 20 years in prison Friday by a court in Wuhan for bribery and match fixing, Chinese state media reports. Prosecutors accused Li of receiving more than 50...
MS Sufferer Gets Payout After Prescribed Drug Sparks Gambling Hell
A multiple sclerosis (MS) sufferer in the UK has received a £70K (US$89K) settlement from the country’s National Health Service (NHS) after a drug prescribed by his doctor caused him to develop an “uncontrollable” gambling habit, The Independent reports. Philip Stevens, from...
Jay Leno Debunks Gambling Debt Beatdown Rumors
Jay Leno has discredited rumors that injuries sustained while falling down a hill in Pennsylvania last month were the result of being roughed up by the Mafia over gambling debts. Leno, who claimed to have never gambled in his life, dismissed the...
