Earlier this month, the University of Notre Dame men's swimming team received a one-year suspension following an external review that revealed NCAA policy violations related to betting However, recent reports suggest the situation may be more severe, with the team now under additional scrutiny for broader misconduct The initial investigation..

Leading a massive $4325 billion bond and loan package, Deutsche Bank AG is assisting Apollo Global Management Inc in its risky takeover of two significant providers of gaming equipment One of the biggest decisions of the year in the gaming industry, where high-profile acquisitions are uncommon, is this financing arrangement Apollo’s Ambitious..

The state's revenues have decreased, according to the Nevada Gaming Control Board's (NGCB) July gaming revenue report Although Nevada's monthly gaming income has been over $1 billion for over three years, the data for July indicate a decline when compared to the same period in the previous year The income generated by the Las Vegas Strip in..

Ripple's Chief Legal Officer, Stuart Alderoty, is openly challenging the US Securities and Exchange Commission (SEC) regarding its approach to non-fungible tokens (NFTs) The dispute emerged after Devin Finzer, CEO of the leading NFT marketplace OpenSea, revealed that the SEC had issued a Wells Notice against his company This notice signals the..

Former FTX executive Ryan Salame, who was given a 75-year jail sentence, has withdrawn a court appeal asking for his plea agreement to be upheld Salame's initial petition was intended to contest the terms of his plea; it asked for the plea to be upheld or for his sentence to be overturned But recent events concerning his partner Michelle Bond have..

The UK Gambling Commission (UKGC) is taking a significant step toward enhancing consumer protection with a new pilot program aimed at evaluating the effectiveness of affordability checks In a blog post dated August 27, Helen Rhodes, Director of Major Policy Projects and Evaluation at the UKGC, outlined the details and goals of this..

According to a new consumer poll by the American Gaming Association (AGA), most Americans are becoming more and more in favor of sports betting and casino gaming According to the report, nine out of 10 Americans now consider sports betting to be a legitimate kind of entertainment, underscoring the industry's rising appeal Following the Supreme..

Despite continued pressure from the betting industry, Ireland is expected to introduce new gambling laws by October A final vote on the law is quickly approaching, according to Justice Minister James Browne, who spearheaded the introduction of the Gambling Regulation Bill in 2022 Key Features of the Upcoming Legislation The proposed bill,..

With the announcement of a major collaboration between PayPal and Cryptocom, American customers can now pay for their cryptocurrency purchases using PayPal Users can now more easily purchase and transfer digital assets by connecting their PayPal accounts to their Cryptocom wallets thanks to this partnership At present, this feature is limited..

A professional poker player from Long Beach, California, Damien LeForbes, has recently admitted to his involvement in illegal activities that spanned across multiple states LeForbes, who is well-known in the poker community, has agreed to plead guilty to charges of money laundering and running an illegal bookmaking business in both Las Vegas and..

The largest Bitcoin mining business, Bitfarms, has made a big step forward in its growth by taking over management of its newest data center, located in Sharon, Pennsylvania With its astounding 120 megawatts (MW) of power capacity, this plant is Bitfarms' first mega-site in the United States By the end of the year, the company hopes to have 30 MW..

Vietnam has chosen to extend until December 31, 2024, the trial term that allows its residents to bet at specific casinos This extension is a component of an ongoing study to assess how legalized gambling affects the citizens of the country In January 2019, a trial was launched at the Phu Quoc casino, granting Vietnamese citizens access to..

California’s editorial boards are not mincing words when it comes to Senate Bill 549, which is sparking intense debate across the state On August 20, the Los Angeles Daily News editorial board criticized the bill, asserting that it would "make a mockery of our judicial system" Introduced by state Senator Josh Newman in February 2023, SB 549,..

In the cryptocurrency space, Nasdaq, the world's first electronic stock exchange, is leading the way by requesting permission from the Securities and Exchange Commission (SEC) to list Bitcoin (BTC) index options With this action, Nasdaq is attempting to launch a new financial instrument that would provide traders with greater control over how they..

BlackRock is set to broaden its cryptocurrency offerings in Brazil by listing its iShares Ethereum Trust (ETHA) on the country’s B3 exchange The ETF, scheduled to start trading under the ticker code ETHA39, will be available as a Brazilian Depositary Receipt (BDR), allowing local investors to gain exposure to Ethereum without the need to..

The US Securities and Exchange Commission (SEC) has taken legal action against brothers Jonathan and Tanner Adam, accusing them of orchestrating a $60 million Ponzi scheme The SEC claims the duo attempted to defraud over 80 investors through a fraudulent crypto asset trading platform The charges, announced on Monday, highlight a scheme that..

Rush Street Interactive (RSI) has unveiled significant updates to its iRush Rewards Loyalty Program, aiming to streamline how players earn and redeem points This enhancement reflects RSI's commitment to improving user experience across its brands, including BetRivers, PlaySugarHouse, and RushBet The revamped loyalty program introduces a tiered..

Governor Shaktikanta Das of the Reserve Bank of India is wary about rolling out the retail central bank digital currency (CBDC) too quickly The Reserve Bank of India (RBI) is taking a cautious approach to guarantee thorough knowledge prior to a full-scale launch, even in spite of the ongoing pilot's success, which currently involves over 5 million..

Supporters of a proposed sports betting measure in Missouri are defending the legality of their referendum amid a lawsuit challenging its approval Winning For Missouri Education, the group advocating for sports betting legalization, has firmly denied accusations that the measure was improperly approved The committee argues that the question should..

Ciarán Carruthers, a veteran in the Macau casino industry, is set to step down from his role as CEO of Crown Resorts Ltd by the end of the year Carruthers, who joined Crown Resorts in September 2022, led the company through a period of extensive transformation and remediation David Tsai, currently the president and chief operating officer at..