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Gambling News - 'Lawsuit'
Industry
May 16, 2023
Chinese Real Estate Giant Hit With $4M Fine in the US Over Bribery
Shen Zhen New World I, the subsidiary of Shenzhen New World Group, a Chinese real estate firm owned by the billionaire Wei Huang, received a hefty fine last week as its name was tangled in a bribery case. The company sought to develop a 77-floor skyscraper in downtown Los Angeles at the site of the […]

Industry
May 15, 2023
Gambler Places 162 Bets in a Night, Sues Bet365 After
Problem gambling can have dire consequences for the finances and sometimes even the lives of people addicted to the activity. Losses to gambling put a financial burden on families as well, given that some compulsive gamblers do not share details about their losses with their loved ones until they pile up huge debts. And while […]
Industry
May 11, 2023
Aspinall’s Club Gambler Says Drinking Cost Him Thousands of Pounds Better
Alcohol doesn’t mix well with a lot of activities and gambling is one of them. Intoxicated people have slower reactions and while some may be aggressive, others feel more relaxed. In any case, drinking while gambling can have dire consequences for the person engaging in such activity and this is precisely the case of a […]

Legal
April 26, 2023
Wynn Las Vegas’ Tipping Policy Draws New Legal Trouble
According to plaintiff Sheila Little, tip sharing violated labor laws, depriving some employees of their lawfully earned income. The lawsuit marks the second time Wynn Vegas got in hot water over its tipping policies. Given the previous precedent, the operator may need to seek a settlement and adjust its compensation policies. Little Seeks Over $15,000 […]

Legal
April 26, 2023
Torch Electronics’ Lobbying Led to AG Bailey Leaving the Case
Missouri attorney general Andrew Bailey has withdrawn from a lawsuit against the state. The case concerns the effort to ban unregulated slot machine companies that offer their products at gas stations. Two years ago, the state tried to crack down on the unregulated machines. However, Torch Electronics, which produces the machines, and Warrenton Oil, which […]

Industry
April 25, 2023
UpSwing Poker’s Legal Drama Spills Over to Social Media
The crux of the three professional players’ argument appears to be Fernando “Jnandez” Habegger’s many legal battles with Doug Polk-owned UpSwing Poker, which started five years ago. An online jab against Polk by poker pro Charlie Carrell unleashed a spectacular cascade, opening old wounds and drawing the three players into a heated Twitter war. Disagreements […]

Casino
April 19, 2023
Atlantic City Casino Tax Dispute Headed to State Appeals Court
The Press of Atlantic City reported that the Atlantic City gaming industry in New Jersey is facing a high-stakes legal battle over casino taxation. Atlantic City PILOT System Dispute Goes to Appeal The dispute centers around the state’s property tax system, known as PILOT. The original system-based tax was due on three data points: gross […]
Casino
April 5, 2023
Las Vegas Hotels Seek Dismissal of Price-Fixing Lawsuit Involving Rainmaker
The Las Vegas Review-Journal reported that several hotel-casino operators on the Las Vegas Strip have filed a motion to dismiss a lawsuit that accuses them of price-fixing hotel room rates through a revenue management platform, Rainmaker. Tourists Sue Las Vegas Hotels for Alleged Antitrust Violations In January, two tourists filed a lawsuit that accused hotel […]
Blockchain
April 3, 2023
Beaxy Founder Faces Charges of Gambling with Investor Funds
Hamazaspyan, who founded Beaxy, is also accused of having gambled with investor funds. The exchange wound down operations last week, citing an “uncertain regulatory environment” as the reason why. Misappropriated Funds and Unlicensed Operations The SEC argues that Hamazaspyan has raised $8 million from BXY, the cryptocurrency exchange’s native token, and used at least $900,000 […]
Sports
March 31, 2023
Star Sports Accused of Ignoring Social Responsibility Toward Problem Gambler
The Racing Post reported that O’Brien claims that the sportsbook ignored its social responsibility towards him as they were aware of his gambling addiction but still allowed him to bet, leading to a loss of over GBP48,000 ($59,533) between September 14, 2018, and March 30, 2019. O’Brien stated that the amount he lost did not […]