3037 stories by Philip Conneller
Twin Spires OTB App Attracts Heat from New Hampshire AG’s Office
The New Hampshire Attorney General’s Office is examining the legality of Churchill Downs Inc.’s Twin Spires app, which offers pari-mutuel horse racing wagers to state residents. That’s after gambling regulator the New Hampshire Lottery Commission (NHLC) expressed concern that the app is...
Geographical Mix-Up Adds Confusion to Legal Spat Over Beta-Blockers at Iowa Derby
Racehorse trainer Steve Asmussen is awaiting an Iowa judge’s decision on whether Prairie Meadows Racetrack imposed an “arbitrary and capricious” penalty on him. That's after one of his horses failed a doping test in July 2019. But The Iowa Capital Dispatch reports...
Las Vegas Lawyer in Half-Billion Dollar Ponzi Scheme Gave $4M to Bookie
A Las Vegas lawyer accused of involvement in a $450 million Ponzi scheme used $4 million of investors’ money to pay off his bookie, according to the Securities and Exchange Commission. The commission on Tuesday filed a federal lawsuit against Matthew Beasley,...
Metaverse Casino Violating Securities Law Through NFT Sale, State Regulators Say
Two Cyprus-based online gaming operators have been told they can’t fund the development of their planned ‘Metaverse’ casino through the sale of NFTs. That's because they are violating securities laws. This week, financial regulators in Texas and Alabama sent cease and desist...
Grants Pass Downs, Oregon’s Last Racetrack Cancels 2022 Meet
Grants Pass Downs, Oregon’s last surviving commercial thoroughbred racetrack, has canceled its race meet for 2022. The track cited a recent decision by the state racing regulator to deny its application for 225 historical horse racing (HHR) machines at its new entertainment...
‘Russian Spy’ Arrested in Colombia, Charged With Illegal Sports Betting
A Russian national arrested in Colombia and accused of spying for the Kremlin has been charged with offenses related to illegal sports betting. Colombian authorities allege Sergei Vagin, 36, laundered $146 million from Russian sports bettors through bank accounts opened in Colombia...
Allwyn, UK Lottery Winning Bidder, Says Russia Sanctions Could Hurt Business
Allwyn Entertainment has warned investors that Russian sanctions related to the war in Ukraine could adversely affect its business. The company, which won the tender for the UK National Lottery last month, is a subsidiary of the European lottery giant Sazka. That...
Bangladesh Bank Heist: New York Supreme Court Tosses Case Against Bloomberry
A New York state court has dismissed a lawsuit that sought to hold Bloomberry Resorts liable for millions still missing from the 2016 Bangladesh Bank heist. The Philippine casino operator said Monday the civil case brought by the Bangladesh Bank had been...
Hot Lotto Fraud Mastermind Eddie Tipton Parole Revoked Days Before Release
Eddie Tipton, America’s most prolific lottery fraudster, has had his parole revoked just days before his scheduled release, The Des Moines Register reports. Tipton was the subject of a “major discipline” in prison, according to Iowa Board of Parole Chairman Andrew Boettger....
Grand National Won by 50:1 Shot ‘Noble Yeats,’ Bookies Delighted
Noble Yeats, a 50-1 outsider ridden by an amateur jockey, won the Grand National on Saturday in a thrilling finish to the UK’s famous handicap steeplechase. Sam Waley-Cohen is the first amateur to win the race since 1990. He rode novice chaser...
