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Gambling Addict Fails In Appeals Court Case Against BetMGM
The United States Court of Appeals for the Third Circuit confirmed an original decision to dismiss Antar’s lawsuit against BetMGM. Antar claimed that BetMGM encouraged his problem gambling with aggressive marketing
Stake Launches Stake Engine For Game Developers
Crypto casino Stake announced the launch of Stake Engine, a remote gaming server (RGS) that allows game developers to cash in on their creations. Developers will receive 10% of Gross Gaming Revenue (GGR) earned from
Crypto Casinos Generated $81 Billion In Revenue Last Year
Revenue generated by crypto casinos soared to over $81 billion last year, marking a fivefold increase from 2022. In a report published by Yield Sec, the top earners were Stake, Rollbit, and Roobet. Stake alone generated
DraftKings Faces Lawsuit Over Casino Deposit Bonus
The lawsuit, filed in the Eastern Pennsylvania District Court, takes issue with the $1000 casino deposit bonus offered by DraftKings. The complaint states, “DraftKings attracts new users and keeps existing users
Crypto Casino Founder Arrested For Gambling Away Funds
Richard Kim was arrested this week after losing most of the $7 million he had raised to fund crypto casino venture, Zero Edge. According to an FBI complaint filed on Tuesday, Kim “fraudulently induced investors to
Drake Loses Almost $1 million On Stake Live Stream
Drake and Adin Ross streamed themselves on Kick on Sunday and racked up big losses on crypto casino Stake. Within seconds of the stream starting, the pair were placing $100,000 bets on slot games. The big bets continued
Russia Proposes Blocking Crypto Payments At Online Casinos
Yevgeny Masharov, a senior Russian policymaker, has proposed measures to tackle illegal online casinos. The two measures proposed are to block access to several websites and applications as well as blocking payments in
Study Reveals Unregulated Online Gambling Generated $67 Billion Last Year
Yield Sec, a consultancy firm based in Denver, published a study showing that unregulated online gambling accounts for 74% of the gambling industry in the US. In total, US gamblers lost $91 billion in 2024. Of this, $67
Pennsylvania Takes Action Against Sweepstakes Casinos
The Pennsylvania Gaming Control Board (PGCB) has taken action against a host of online gambling websites. In a Gaming Oversight Committee hearing on Monday, the PGCB stated it has sent 18 cease-and-desist letters to
VGW Finally Exits Delaware 2 Years After Cease-And-Desist Order
After a long battle, the Delaware Division of Gaming Enforcement announced that social casino and online slots operator, VGW will no longer be available to residents. An official statement on Delaware’s government