Areas of Expertise
3704 stories by Philip Conneller
Coinrail Hack Causes Price of Cryptocurrencies to Nosedive
The price of bitcoin and other cyptocurrencies plunged over the weekend following a massive cyber-heist on South Korean cryptocurrency exchange Coinrail. The company confirmed in a statement on its website that it had suffered a “cyber intrusion” on Sunday, leading to the...
Net Neutrality Flatlining: Out After Switzerland Online Gambling Referendum, FCC Following Suit
Net neutrality across the globe may be in its death throes. On Sunday, voters in Switzerland backed a new law that will empower authorities to make internet service providers block any non-Swiss -- and therefore unlicensed -- gambling websites, giving the country's...
Major South Korean Crypto Exchange Coinone Facing Online Gambling Charges
The CEO and two of executives of South Korea’s third-largest cryptocurreny exchange, Coinone, will be charged by South Korean police with offering illegal online gambling through its margin trading operation. Following a ten-month investigation, 20 of the exchange’s traders are also in...
Protection or Censorship? Swiss Online Gambling Net Neutrality Referendum to Decide Sunday
Switzerland is famously a neutral country, but will it remain net neutral this weekend? On Sunday, Swiss voters will head to the ballots to decide whether authorities have the right to order internet service providers to block access to unlicensed online gambling...
Paddy Power 2018 Russia World Cup Polar Bear Painting Stunt Stirs Up Outrage, UK Bookmaker Scrambles to Explain
When Paddy Power -- the always-controversial UK bookmaker -- wanted to use the 2018 Russia World Cup as a platform to draw attention to the plight of the region's polar bears, it came up with a crazy idea: to paint the English...
New Jersey Sports Betting Bill Expected to Pass Today, Tilman Fertitta’s Golden Nugget Left on Sidelines
New Jersey sports betting legislation should receive final approval on Thursday, marking the last chapter of the state’s long battle to offer sports books at its racetracks and casinos. But when the Garden State finally starts taking those bets, there will be...
MGM Resorts Offers $10,000 Reward for Information on Circus-Circus Double Homicide
Executives at MGM Resorts' famed Circus-Circus on the Las Vegas Strip are offering a $10,000 reward for information leading to the identification and arrest of a suspect or suspects in the homicides of two guests at the hotel-casino in the early hours of...
Macau Casino Stocks Tumble Four Days Straight After Missing ATMs Spark Fears of Renewed China Crack Down
Macau casino stocks fell for the fourth consecutive day on Wednesday amid rumors that Beijing’s “anti-corruption” drive had escalated this week. On Monday, figures released by the enclave’s Gaming Inspection and Coordination Bureau revealed that the casino sector’s revenue growth had slowed...
Florida’s Miccosukee Tribe on the Hook for Billion-Dollar Tax Bill
The Miccosukee tribe of South Florida could be facing a bill of up to $1 billion from the IRS after a federal appellate judge ruled on Monday that tribal members who receive distributions from Native American casinos are liable to pay federal...
North Korea Casino Alliance Presented to Trump by Diplomatic Envoy to US, Integrated Resort Investment Sought
A North Korean official has reportedly asked for American investment to help build an integrated casino resort in Wonsan, a port city on the country’s east coast. According to several regional news outlets, including respected South Korean broadsheet The Dong-a Ilbo, the request...