Areas of Expertise
138 stories by Cort Smith
Slovakian Tax Authorities Raid ‘Quiz Machine’ Gambling Hubs in Major Crackdown Operation
Slovakian tax authorities have raided one hundred gaming venues, as the country executes a massive crackdown on illegal gambling machines. It took two days for 180 Slovakian Financial Administration (SFA) comptrollers -- accompanied by customs officers --to carry out "Diamant Operation," as...
Meadowlands Racetrack Will Offer Sports Betting Earlier Than Planned in New Jersey
Bettors clamoring to place their wagers at the Meadowlands Racetrack in New Jersey won't have to wait as long as they thought. Track officials have announced that the facility will start accepting its first sports bets on July 14. That's one day...
Wynn Resorts Stock Takes a Nosedive, Macau Numbers Fail to Meet Expectations
It's been a nervous start to the summer for investors in Wynn Resorts after forecasted revenues fell short for the second-straight month. Most industry analysts expected gaming revenue to jump from between 17 and 21 percent in the month of June. Instead,...
Dallas Police SWATDown: Four Officers Face Charges Including Gambling, Bribery, and Money Laundering
Three Dallas Special Weapons and Tactics (SWAT) police officers have turned themselves in and are facing a bevy of gambling-related charges, along with money laundering and engaging in organized criminal activity: charges for which they would normally be on the other end...
‘Dirty Money’ Report: British Columbia Casinos Used to Money Launder for Organized Crime Syndicates
Organized crime groups from around the world have found a welcoming environment for money laundering in British Columbia (BC), Canada, according to a new report by the province’s attorney general. AG David Eby revealed all the damning details in a report...
Pittsburgh Pirates Want Cut of Sports Betting Profits to Fund Stadium Upgrades
The Pittsburgh Pirates are taking the concept of “integrity fees” to whole new heights as they seek to benefit from proceeds derived from new sports betting legislation to improve their stadium. In a letter to the Pennsylvania Gaming Control Board (PGCB), team...
Federer and Serena Among the Favorites as Wimbledon Odds Released
The early Wimbledon odds are in, and bookmakers are suggesting that Roger Federer is a big favorite to add another title to his already record haul of 8 Wimbledon titles. The Swiss legend holds the record for most Grand Slam Tennis titles...
Regulators Give Mississippi Sports Betting Green Light for Late July Kickoff
Mississippi will be the next domino to fall in the US sports betting landscape. Regulators in the Magnolia State have approved new rules which will allow casinos to start accepting sports bets there on July 21. The Mississippi Gaming Commission voted unanimously...
32Red Slammed with Multimillion Dollar Fine for Enabling Problem Gambler
Online casino operator 32Red has been hit with a hefty fine of £2 million ($USD 2.7 million) for not only failing to help a problem gambler, but also actively encouraging him to keep playing. The UK’s Gambling Commission levied the penalty this...
Criminal World Cup Gambling Ring Cracked, Hong Kong Police Seize Millions
All bets are off for an illegal World Cup gambling ring in Hong Kong after police busted the illicit sportsbook this week. The sting operation, dubbed "Blazespike", led to the arrests of 42 men and three women. Officials also confiscated $9.9 million...