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Business
September 26, 2024
Analyst Stays Positive on L&W Despite Dragon Link Litigation
Earlier this week, the leading global provider of gaming solutions and equipment, Aristocrat Technologies, seized the initiative in its legal battle against Light & Wonder (L&W). This, however, wasn’t a major hit for the latter, based on its estimates with the exception being a dip in its shares. Macquarie Analyst Keeps Outperform Rating Still, despite […]
Legal
September 25, 2024
Dutch Organizations Launch Class Action Lawsuits against Operators
Gamblers across Europe continue suing gambling firms in hopes of getting their money back. As the shift toward regulated gaming continues, customers are saying that companies shouldn’t have taken their money before securing a license. The latest such cases involve Dutch customers who are seeking compensation from online gambling firms that took their money before […]
Legal
September 24, 2024
Aristocrat Seizes the Initiative in Legal Battle Against Light & Wonder
Aristocrat Technologies, a leading global provider of gaming solutions, achieved a significant legal victory in its ongoing lawsuit against Light & Wonder, with the United States District Court for the District of Nevada granting a preliminary injunction in Aristocrat’s favor. The legal dispute centers on allegations of intellectual property theft and the misappropriation of trade […]
Legal
September 18, 2024
British Columbia Cracks Down on Suspected Casino Money Laundering Scheme
The British Columbia government is seeking a court order to forfeit CAD880,000 ($647,000) deposited as a bond with the Canada Border Services Agency by a man the government alleges was a multimillionaire leader of a criminal gang that ran illegal gaming houses and laundered money through casinos. The suspect, T.L., reportedly has ties to Chinese […]
Legal
September 18, 2024
Man Said to Have Used Massage Gun to Steal from Casino Appeared in Court
A man with the initials D.H. has appeared in court after allegedly using a massage gun to steal from a casino in Washington. He was released from custody but prohibited from entering venues with slot machines. The Man “Stimulated” the Machine to Make Coins Fall Casino crime is nothing new as criminals have long recognized […]
Legal
September 18, 2024
Denver Man Found Guilty of Operating Illegal Gambling
The US Attorney’s Office for the District of Colorado announced that a man from Denver has been found guilty of operating illegal gambling. The 38-year-old individual’s sentencing has been scheduled for December. The Man Operated a Gambling Parlor According to the attorney’s office, Jonathan Arvay was found guilty of running an electronic arcade called Player […]
Legal
September 18, 2024
Private Equity File Motion to Dismiss FanDuel Founders Case
Private equity firms embroiled in the ongoing legal battle that ensued following sports betting and fantasy sports operator FanDuel’s sale to Paddy Power Betfair in 2018 for $559 million have struck back against allegations they breached their fiduciary duties. Defendants, including FanDuel Group, Los Angeles-based investment firm Shamrock Capital Advisors, American global investment company Kohlberg […]
Casino
September 17, 2024
Man Arrested for Indecent Exposure at Shreveport Casino
While casino crime comes in all shapes and sizes, most offenses are fortunately limited to short-time disruptions. For example, indecent exposure appears to be on the rise as several recent cases soured the enjoyment of other casino goers and necessitated police involvement. The motives behind these acts remain unclear, but they could be a sign […]
Industry
September 17, 2024
Macau Blocks 36K Illegal Gambling Sites in H1
The Macau Office of the Secretary for Security has published its report on gambling crime for the first half of the year. This provided insight into the crime-related challenges the special administrative region’s gambling sector has been facing and the authorities’ success in tackling them. Macau Has Blocked Thousands of Illegal Websites in 2024 Alone […]
Legal
September 16, 2024
UK Man Stole $1.2M of Tax Money to Fuel Gambling Addiction
A senior finance manager faces a hefty sentence for stealing over £930K of taxpayers’ money to gamble. While the man has no previous convictions, he could spend years in prison for his fraud. Doig Channeled Huge Sums Toward His Accounts Alan Doig, 57, served as a senior finance manager at Gedling Borough Council. Between 2003 […]
