Author: newsnet5

Allwyn’s Major Investment in PrizePicks Allwyn International, a leading global lottery company, has announced its intention to acquire a majority ownership of PrizePicks, a prominent daily fantasy sports (DFS) operator serving the North American market. The deal involves purchasing a 62.3% stake in PrizePicks for an initial sum of $1.6 billion, valuing the entire business […]

SBS Pioneers Gambling Ad Blocking for Viewers SBS, Australia’s hybrid-funded public broadcaster, has taken a groundbreaking step by becoming the first broadcaster globally to allow its audience to block gambling advertisements. New Ad Personalization Features Introduced by SBS As part of its Environmental and Social Governance (ESG) initiatives, SBS has rolled out new features enabling […]

Overview of the Fines Issued by Sweden’s Gambling Regulator Sweden’s gambling authority, Spelinspektionen, has imposed fines on three gaming software providers for collaborating with operators that do not hold the required license to operate in the country. The companies penalized include EGT Digital Gaming, Quickspinn, and Kalamba Games. Sanctions Against Kalamba Games Kalamba Games Limited […]

Miami Police Pension Fund Intends to Sue Over Bally’s Deal The Miami Police Pension and Relief Fund is preparing to file a lawsuit against the hedge fund Standard General regarding its 2024 acquisition of Bally’s Corporation, a major player in the casino and hospitality sector. The fund claims the takeover was conducted unfairly, disadvantaging certain […]

Experience One of the Largest Online Casinos in the UK Geckoplay stands out in the UK online casino market by offering an extensive collection of over 8,000 games created by top game developers. Players can easily access the entire game library and platform features through the Geckoplay app, available for download on both Apple and […]

Bookkeeper Receives Prison Sentence for Massive Embezzlement A 58-year-old bookkeeper known as H.Y.A. has been sentenced to 51 months in federal prison after being found guilty of embezzling close to $9.8 million from her employer. The US Attorney’s Office for the Southern District of Florida announced the sentence on Thursday, concluding a case that exposed […]

DigiPlus on the Verge of Acquiring City of Dreams Manila Stake DigiPlus Interactive Corp, the operator behind popular platforms like BingoPlus, ArenaPlus, and GameZone, is generating significant buzz as a potential buyer of Melco Resorts & Entertainment’s share in City of Dreams Manila. While no official confirmation has been made, industry insiders widely consider DigiPlus […]

Police Crackdown on Illegal Slot Machine Operation The Honolulu Police Department recently shut down an unlawful gambling site that housed 16 slot machines and confiscated $5,000 in cash. This enforcement action highlights a growing issue within the state rather than solving the underlying challenges related to gambling. Hawaii’s Stance on Gambling Regulation Hawaii has traditionally […]

Japan’s Tight Stance on Online Gambling Japan is advancing its campaign against illegal gambling while preparing for the opening of MGM Osaka, the first of three upcoming integrated casino resorts. Although the country is embracing physical casinos, it continues to enforce strict laws against online gambling. Officer Resignation Sparks Public Attention In a recent high-profile […]

Sudden Death Unveils Embezzlement ScandalIn Connecticut, a troubling case emerged involving a man who served as treasurer for a Little League Baseball chapter. Following his unexpected death, investigations revealed that he had allegedly embezzled a substantial amount of funds from the organization.Details of the MisappropriationThe individual, known as K. E. G. Jr., was suspected of […]