4175 stories by Philip Conneller
Star Gold Coast Can Recoup $38.7M Debt from Billionaire Ex-Betting Exec
The Queensland Supreme Court has ruled that a high-rolling Singaporean billionaire with links to the online betting industry must pay the Star Gold Coast an AU$38.7 million (US25.7 million) gambling debt, The Brisbane Times reports....
Kalshi Can Offer Event Contracts on US Election, Rules Federal Judge
A federal judge in Washinton, DC on Friday cleared the way for financial exchange and prediction platform Kalshi to offer markets on the outcome of the US election via event contracts. The Commodity Futures Trading...
KC Chiefs Superfan Gets 17.5 Years in Prison for 11 Bank Robberies
A Kansas City Chiefs superfan turned serial armed bank robber has been sentenced to 17.5 years for hitting banks across the Midwest, Nevada, and California, and laundering the proceeds through casinos. Xaviar Michael Babudar, 30,...
‘Whitey’ Bulger Killer Gets Extra 25 Years in Prison
A Mafia hitman already serving life for murder was sentenced to 25 years on Friday for the prison killing of James “Whitey” Bulger. Bulger, the former leader of the Irish Mob in Boston, was bludgeoned...
Steve Wynn Defamation Case Vs. Associated Press Nailed by Nevada Supreme Court
Nevada’s highest court has once again rejected a defamation case brought by casino tycoon Steve Wynn against the Associated Press. A seven-judge panel of the Nevada Supreme Court cited the state’s anti-SLAAP laws when it...
Maine Chief Regulator Facing ‘No Confidence’ Revolt by Casino Inspectors
Maine’s chief gambling regulator, Milton Champion, is facing a rebellion from his casino inspectors who accuse him of unilaterally “deregulating casinos … without input from the voting public” and of creating a “deeply dysfunctional and...
British Columbia Man Convicted of Murdering Notorious Casino Money Launderer
A Richmond, British Columbia man has been convicted of first-degree murder in the 2020 shooting of Jian Jun Zhu, an alleged large-scale money launderer. Richard Charles Reed was additionally found not guilty of the attempted...
Fugitive Philippine Mayor in Trafficking, Spying Storm Arrested in Indonesia
The fugitive mayor of a small town in the Philippines who fled the country in July amid accusations of spying and links to criminal syndicates has been detained in Indonesia. Guo was the Mayor of...
Lawsuit Claims Attorney Stole $1.8M from Client’s Trust Fund, Gambled Money Away at Hard Rock Tampa
A Florida lawyer ransacked a client’s trust account and blew $1.8 million of it gambling at the Hard Rock Casino in Tampa, according to a civil lawsuit filed by the real beneficiaries. Jason Penrod is...
Star Entertainment in Disarray, Begs for Bailout
Embattled Australian casino operator Star Entertainment is desperately seeking a short-term cash injection to stave off financial difficulties that are threatening the operation of its AU$3.6B Queen's Wharf entertainment precinct in Brisbane, which opened only...