3972 stories by Philip Conneller
Sault Chippewa Settle for $25M Over Thwarted Casino Projects
The Sault Ste. Marie Tribe of Chippewa Indians has agreed to pay at least $25 million to two investment companies to settle years of tangled litigation over a pair of derailed Michigan casino projects. The tribe had been on the hook for...
Crypto Exchange Beaxy Founder Charged with Gambling Investor Funds
Crypto exchange Beaxy suspended its operations Wednesday, citing “an uncertain regulatory environment.” That’s after the US Securities and Exchange Commission (SEC) filed civil charges against founder Artak Hamazaspyan for securities fraud. He allegedly raised $8 million in an unregistered offering of the...
‘Slots Whisperer’ Sara King Blames Royal Husband for $10M Scam
Sara King, the LA lawyer accused of living large in Las Vegas with $10 million of her clients’ cash, now claims she was put up to it by her soon-to-be ex-husband, a great-nephew of the last Shah of Iran. Meanwhile, her husband,...
Online Lottery Player Sweats Court Ruling on ‘£10 or £1M’ Jackpot Claim
A British woman is anxiously awaiting a judge’s decision on whether she won £10 (US$12.30) or £1 million (US$1.2 million) on an online lottery scratch-off game. Joan Parker-Grennan, from Boston, Lincolnshire, sued UK National Lottery provider Camelot in London’s High Court in...
Wirecard Fugitive Jan Marsalek’s Grandad was ‘Russian Agent,’ Document Claims
Wirecard fugitive Jan Marsalek’s grandfather was a suspected Russian spy, The Financial Times has learned. The revelation could shed light on the executive’s behavior in the lead-up to the fintech giant’s spectacular collapse, and his subsequent flight to Moscow. Former Wirecard COO...
Abilify and Problem Gambling: Doctors, Patients ‘Unaware of Danger’
The UK’s National Problem Gambling Clinic (NPGC) says there needs to be stronger messaging around the antipsychotic drug aripiprazole and the risks of users developing a gambling addiction. Better known by its brand name, Abilify, the drug is used to treat schizophrenia,...
NHL’s Evander Kane Placed Up to 50 Bets a Day with Illegal Bookies
Troubled NHL star Evander Kane claims to have placed as many as 50 bets per day with illegal bookmakers when he was in the grip of his gambling addiction. Kane, 31, is being sued by his biggest creditor, Centennial Bank, which argues...
Washington State Casinos Helped Drugs Gang Launder $1M
Two members of a violent drug trafficking ring were sent to prison this week by a federal judge. The duo is accused of laundering more than $1 million of meth, heroin, and fentanyl profits through Washington State casinos. In a US District...
EA Loot Boxes ‘Not Gambling,’ Canadian Judge Rules
A Canadian judge has rejected claims that the loot boxes employed by video games publisher EA constitute gambling. Judge Justice Margot Fleming of British Columbia’s Supreme Court said that gambling must involve the risk of losing or gaining something of real-world value,...
Bally’s Evansville Pit Supervisor Busted for Running Illegal Poker Den
A table games supervisor at Bally’s Evansville Casino,Ind. is facing three felony charges for allegedly moonlighting as an underground poker room operator. Edward Hill, 53, was charged on March 15 with corrupt business influence, professional gambling, and promoting professional gambling. These charges...
