3883 stories by Philip Conneller
Star Entertainment Shares Plunge on Money Laundering Allegations
Allegations that Star Entertainment enabled money laundering at its Sydney and Gold Coast properties have sent the Australian casino operator’s shares spiraling. By the end of trading Monday, the company’s stock plummeted by almost 23 percent on the ASX, wiping nearly $A1...
Football Index Wrongfully Used Customer Funds for Expansion, Leaked Docs Show
Failed soccer trading platform Football Index plowed £15 million (USD $20 million) of its customers’ money into a speculative international expansion in the lead-up to its dramatic collapse, The Athletic has discovered. According to leaked documents seen by the sports media group,...
Disbarred Lawyer Funded Gambling with $2.4M Philadelphia Eagles Season Ticket Scam
A disbarred New Jersey lawyer pleaded guilty this week to defrauding an investor in a bogus business that purported to offer loans to Philadelphia Eagles fans. Instead, Frank Tobolsky spent most of a $2.4 million investment on personal expenses and a “crippling”...
San Jose Sharks’ Evander Kane in NHL ‘Fake Vaccination Card’ Probe
Embattled San Jose Sharks forward Evander Kane is being investigated by the NHL over allegations he supplied the league with a fake vaccination card to dodge health and safety protocols. The news, first reported by Front Office Sports, comes two weeks after...
New York Court of Appeals to Decide if Daily Fantasy Sports is Gambling
The New York Court of Appeals is set to determine whether daily fantasy sports is a game of skill or a game of chance. Spectrum News 1 reports that the state’s highest court began hearing arguments in Albany on Tuesday. Ultimately, the...
Talons Out! Online Cockfight Betting Sparks Spat in Philippine Legislature
The Philippines’ new licensing regime for online cockfight betting, known as e-sabong, is gathering momentum – too much momentum for the liking of some lawmakers. The county’s gaming regulator, PAGCOR, began handing out licenses in May. That’s after the legislature passed a...
Rio 2016 Olympics Boxing Was Fixed By AIBA Judges, McLaren Report Finds
Corruption was endemic in boxing at the Rio 2016 Olympics, according to a new report. It blames the International Boxing Association (amateur) (AIBA) for “corruption, bribery and the manipulation of sporting results.” The report’s author, Professor Richard McLaren, describes a “culture of...
Lodi, Calif. City Councilman Arraigned on Illegal Gambling Charges Won’t Resign
A Lodi, Calif. city councilmember and his brother were arraigned Tuesday on multiple charges, including illegal gambling, money laundering, and tax evasion, according to the San Joaquin County District Attorney’s Office. Councilmember Shakir Khan and Zakir Khan are alleged to have operated...
Michigan Real Estate Guru Gets Prison for Stealing $23M to Chase Lottery
A Detroit real estate executive who became obsessed with a system he believed was guaranteed to win the Michigan Lottery was sent to prison for 53 months on Wednesday for bilking investors to buy tickets. Viktor Gjonaj was the founder of the...
College Student Who Flooded Illinois State University with Illegal Betting Dodges Prison
An Illinois State University student who acted as the on-campus arm of a sprawling illegal betting ring has been spared prison by a federal judge, The Chicago Sun Times reports. Matthew Namoff, 25, was instead fined $10,000 and sentenced to six months’...
