3661 stories by Philip Conneller
Oaktree Capital Throws Stricken Star Entertainment a $650 Million Bone
Star Entertainment is mulling an AU$650M debt refinancing offer from Oaktree Capital, shares rally Casino Operator is facing a liquidity crisis that threatens its ability to continue operating Troubled Australian casino operator Star Entertainment has been thrown a potential lifeline by Oaktree...
Lucas Paquetá ‘Sought Yellow Card as Birthday Present for Brother,’ Commission Hears
West Ham’s Lucas Paquetá is under investigation for receiving yellow cards to manipulate betting markets, including one on his brother’s birthday. Brazilian businessman linked to match-fixing testified he had insider knowledge of Paquetá’s bookings. Paquetá’s uncle allegedly moved large sums of money,...
Poker Player who Posed as ‘Lord’ Imprisoned in £400K Fake Cruise Scam
British gambler and fake ‘Lord’ Richard Lester operated a bogus cruise company He scammed 184 vacationers from across the world out of £400K while living the high life Sentenced to 5 years in prison at Chelmsford Crown Court A British “professional gambler”...
H Casino in Belarus Served as Money Laundering Front for Slain Turkish Gangster, Report Claims
A popular casino in Minsk, Belarus thrived through sports betting during the COVID-19 pandemic Much of that betting didn't actually occur because the H Casino was really a front for money laundering In 2020, as the world went into lockdown, Belarus’ strong-arm...
South Korea Casino Execs Sentenced for Stealing $3.5M in Crooked Games
12 staff members, including CEO and execs, rigged games at Daegu Casino Two Chinese gamblers were cheated out of $3.5M in September 2017 Execs also convicted of embezzlement Twelve former staff members at the Golden Crown Daegu Casino in South Korea have...
‘Bonnie Blue’ Porn Ad Sees Everton Sponsor Stake.com Kicked Out of UK
Stake.com quits UK market after controversial ‘Bonnie Blue’ social media campaign UKGC warns Everton, Leicester City, and Nottingham Forest to watch their sponsors Everton jersey sponsor Stake.com has agreed to give up its UK license because a social media ad featuring a...
Parimatch Created Fake Paper Trail in Black-Market Turkey
Parimatch employed Curacao-based Abudantia to oversee Turkish operations Abudantia later sued Parimatch over the deal Case revealed fake paper trail designed to protect Parimatch from “regulatory risks” Online sportsbook Parimatch created a false paper trail to guard it against potential prosecution over...
‘Flight Risk’ Lawyer Tom Goldstein Rearrested for Concealing Crypto Millions from Court
Lawyer Tom Goldstein was indicted for failing to declare millions in high-stakes poker winnings to the IRS He pleaded not guilty and was granted pretrial release Goldstein was rearrested Monday after prosecutors said he concealed millions in crypto Tom Goldstein, the high-flying...
Spirit Lake Nation Opposes North Dakota Casino Push
TMBCI wants to build a big casino resort in Grand Forks, ND SB 2376 would authorize a casino permit for the project Spirit Lake Nation says it would destabilize the state’s tribal gaming market North Dakota’s Spirit Lake Nation isn't a fan...
High 5 Games Social Casino Ordered to $25 Million in Damages to Washington State Players
High 5 Games must pay $25M to former Washinton state social casino players in class action Washington is the only state to consider play-money casinos “real gambling” after 2018 ruling A federal jury in Washington state has determined that residents who purchased...
