The Kansspelautoriteit (KSA), the Dutch gambling authority, has recently updated its regulations regarding cashback bonuses, following violations by several licensed entities The country's gambling laws prohibit operators from offering cashback bonuses, which are designed to return a portion of players' losses Despite this, the KSA's..

Mohegan Inspire Entertainment Resort in Incheon, South Korea, is gearing up to launch a new casino exclusive to international visitors, a first in nearly two decades Awarded by the Korean Ministry of Culture, Sports and Tourism on January 23, the casino is scheduled to open its doors on February 3 This development introduces a unique gaming..

The multinational cryptocurrency behemoth Binance is running into problems when trying to re-enter the UK market The obstacles stem from a cautious approach taken by possible local collaborators, which was purportedly prompted by worries expressed by regulatory bodies According to unidentified sources, three UK institutions authorized..

Nevada's casinos have broken annual gaming revenue records for the third straight year in a victorious streak that has seen financial expansion According to the state Gaming Control Board, gaming revenue at state-run casinos reached a whopping $155 billion in 2023—a substantial rise of 46 percent over the previous year Record-Breaking $89..

Unexpectedly, Hawaii, a state that has never allowed gambling, is considering changing its laws, which may lead to the rise of online poker and sports betting The campaign has been led by Senator Ronald Kouchi (D), who introduced a measure in the state senate and a house bill that matched it In addition to legalizing gambling, sports betting and..

Joseph Garrison, the 19-year-old mastermind behind the computer scam that was directed at DraftKings Sportsbook, has entered a guilty plea, according to startling new information Garrison and his accomplices carried out an intricate credential surfing scheme, taking advantage of system flaws to embezzle $600,000 from DraftKings customers The bold..

Notably, two individuals from Farmington, Minnesota, Nathan Austad, 19, and Kamerin Stokes, 21, of Memphis, Tennessee, have been charged for their purported involvement in the DraftKings cyberattack that occurred in November 2022 Both of the accused are charged with selling sensitive information, abusing their position as operators and harming..

In a recent development, the Massachusetts Gaming Commission (MGC) has hinted at WynnBET, the digital gambling arm of Wynn Resorts, considering an exit from the Massachusetts gambling market The MGC's agenda for its upcoming meeting sheds light on discussions regarding WynnBET's expressed desire to cease operations, presenting a detailed cessation..

Today, the Iowa Department of Public Safety released a statement concerning the ongoing investigation into unlawful sports betting activities by athletes from the University of Iowa and Iowa State This announcement is in response to a lawsuit from an involved athlete challenging the legality of using electronic surveillance to monitor sports..

The iconic Tropicana Las Vegas hotel-casino will close its doors on April 2, capping a nearly seven-decade legacy This is a momentous development Tropicana General Manager Arik Knowles confirmed the closure and notified personnel of the upcoming destruction in a message to staff The $15 billion development of a state-of-the-art baseball stadium is..

During a quarterly investor call, Patrick Dumont, President and COO of Las Vegas Sands, provided details regarding the recent sale of the NBA's Dallas Mavericks to the Adelson family Along with the transaction, Dumont was named governor of the Mavericks With the deregulation of gambling, Dumont is excited about creating integrated resorts in Texas..

The fintech startup Portal, which focuses on financial self-sovereignty, has announced that it has come out of stealth mode and received $34 million in a successful seed fundraising round Among the notable investors are Gateio, OKX Ventures, Arrington Capital, and Coinbase Ventures This funding comes after a $85 million angel round in 2021 In..

Global asset management behemoth Harvest Fund Management is said to have made a major breakthrough by submitting the first application for a spot Bitcoin (BTC) exchange-traded fund (ETF) in Hong Kong Tencent News, a Chinese media site, stated that the application has been submitted to the Securities and Futures Commission (SFC) of Hong..

Sen Ronald D Kouchi of Hawaii has unexpectedly submitted a ground-breaking bill that would bring internet gambling to the US The bill, SB3376, is not your usual candidate for gambling growth, but it does aim to create a single online market for sports betting and poker The goal of Senator Kouchi's measure is to address the pervasive problem of..

According to allegations of misusing more than $800,000 in COVID relief monies, Concord Casino—owned by former state senator Andy Sanborn of New Hampshire—has closed After a lengthy eight-month investigation into the purported abuse of $844,00 in Small Business Administration (SBA) loans, the charges became public Earlier this year, the New..

A new wave of gambling sites has developed in reaction to China's strict restrictions regarding internet gambling, using cunning strategies to avoid regulatory attention These websites—collectively referred to as "skin gambling" platforms—have skillfully skirted regulatory restrictions to provide consumers profitable betting options while..

With a major change in its trading approach, the gaming and entertainment giant Flutter made its formal debut on the New York Stock Exchange (NYSE) under the ticker FLUT This action concludes Flutter's secondary offering on Euronext Dublin and is consistent with the company's announcement last month on its intention to list in the United..

Authorities in Ontario have made a noteworthy discovery: two Toronto residents have been arrested in connection with a complex network of fraudulent operations related to the province's internet gambling sites The accusations are the result of a thorough investigation into claims of fraud and identity theft affecting the iGaming platform operated..

Concerns about players engaging in gambling activities have assumed a central role in the changing sports betting scene in the United States These worries are heightened by the most recent instance involving former LSU wide receiver Kayshon Boutte, who is currently a member of the New England Patriots and faces allegations of underage gambling and..

Las Vegas Sands Corporation is embroiled in a legal battle about the intended location of its casino as part of the continuing drama surrounding the acquisition of a casino license in New York City The casino project as a whole is in peril due to legal disputes arising from the company's desire to develop at the Nassau Coliseum with Hofstra..