3972 stories by Philip Conneller
iProsperity Ponzi Scheme Fraudster Siphoned $8M Through Crown Melbourne
A fugitive fraudster accused of running a A$325 million (US$245 million) Ponzi scheme passed $8 million of his clients’ missing funds through the Crown Melbourne Casino, Australian newspaper The Age reports. Michael Gu, whereabouts unknown, is the founder of Sydney-based property group...
Germany’s New Regulated Market for Online Casino, Poker Launches
Germany’s Interstate Treaty on Gambling (ISTG 21) came into force Thursday, ushering in a new era of legally regulated online casino and poker gaming. Previously, Germany had been a gray market for operators, albeit a large and extremely lucrative one. While it...
Gambler Sues Paddy Power Over ‘Misheard’ £286,000 Bet
London’s High Court has agreed to hear the case of a wealthy bettor who claims Paddy Power owes him £286,000 after the stakes of his bet were misheard. In September 2019, James Longley, 44, called Paddy Power’s telephone betting service with the...
Derek Stevens’ Allegedly Mobbed-Up Uncle Once Cheated Phil Mickelson Out of $500K
Golfer Phil Mickelson was once bilked out of $500,000 by a flamboyant Michigan bookie with close ties to the Detroit Partnership, the local Mob outfit. That’s according to transcripts from the 2007 racketeering trial of alleged Detroit Mafia boss Jack “Jackie the...
MGM Resorts Unveils Mega Solar Array Project to Power 13 Las Vegas Strip Casinos
On Monday, MGM Resorts International switched on its 100-megawatt solar park, the largest developed by a company in the hospitality industry. The Mega Solar Array project lies across 640 acres in the desert northeast of Las Vegas and will provide power to...
Playboy Poker Player, Fraudster Arnaud Mimran Gets 13 Years for Kidnapping
The French fraudster, socialite and high-stakes poker player Arnaud Mimran has been sentenced to 13 years in prison for masterminding the 2016 kidnap of a Swiss financier. Mimran was already serving an eight-year sentence for “the swindle of the century,” as it...
Online Gaming Super-Hub Malta Graylisted by Global Financial Crimes Watchdog, FATF
Malta was graylisted Wednesday by the Financial Action Task Force (FATF), a decision that could have far-reaching economic repercussions for one of the world’s foremost online gaming hubs. The tiny Mediterranean-island state reluctantly finds itself on a list that includes Yemen, Syria,...
Michigan Woman Sues BetMGM Over $3M ‘Glitch’ After Five-Day Roulette Session
A Michigan woman who claims she spun an initial $50 stake into $11 million playing an online roulette game at BetMGM is suing the casino giant for failing to pay up. Jacqueline Davis, from Detroit, claims she played the “Luck O’ Roulette”...
Ex-NASCAR Driver Hermie Sadler Sues Virginia Gov Over Skill Gaming Ban
Former NASCAR driver Hermie Sadler is suing Ralph Northam, the governor of his native Virginia, over the state’s impending ban on skill games. Sadler owns several truck stops and restaurants in and around his hometown of Emporia in southern Virginia and is...
London Marketing Firm Called Out Over Controversial EPL ‘White-Label’ Sponsorship Deals
A London-based marketing agency has been criticized for brokering deals between elite soccer teams and betting companies. The betting firms allegedly want to use the global reach of Europe’s top leagues as a springboard to target illegal markets. SportQuake proclaims on its...
