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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
Maryland Sweepstakes Ban Dead In The Water
Despite early progress, a proposed bill to ban Maryland sweepstakes casinos failed to pass before the end of the legislative session. Senate Bill 860 proposed by Sen. Paul Corderman would have prohibited dual-currency
Nevada Bill Against Illegal Online Gaming Passes Senate
The Nevada Senate voted 20-0 in favor of a bill that attempts to address growing concerns over online gaming in the form of offshore betting and sweepstakes. Sen. Rochelle Nguyen’s Senate Bill 256 proposes that
Arkansas Bill Legalizing Online Casinos Withdrawn
A bill that proposed to allow state casinos to offer online gaming has been withdrawn from the House in Arkansas. Rep. Matt Duffield filed HB1861 last month but withdrew the proposal on Monday for further study. The