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DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future

By Sheldon Muchmore Jan 19, 2025

Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,

Spain’s Gambling Regulator DGOJ Tackles Identity Theft, Is Blockchain the Answer?

By Mihaela Kirilova Jan 16, 2025

The Spanish Directorate General for the Regulation of Gambling (DGOJ) has commenced discussions with licensed operators in the country to discuss the growing problem of identity theft in online gambling. Following the

UKGC Targets Black Market Gambling as Stoke-on-Trent Man Faces Charges

By Mihaela Kirilova Jan 14, 2025

A UK Gambling Commission (UKGC) investigation has led to a man from Stoke-on-Trent being charged with providing facilities for gambling without having an operating license. The 39-year-old, named Haydon Simcock, is

Crypto betting firm Stake secures naming rights to Sauber’s F1 Team

By Sheldon Muchmore Jan 2, 2024

Cryptocurrency casino and betting platform Stake will feature prominently in the next two years of Formula 1 after securing naming rights to Sauber’s F1 car. The firm takes over from Alfa Romeo, which did not

Crypto casino Stake reopens withdrawals just 5 hours after $41M hack

By Jo Montague Sep 4, 2023

Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate. Stake