Ad

Gambling is on the rise — So why is investing still restricted?

By Oliver Rink May 30, 2024

Gambling is increasingly legal in the United States. New casinos keep popping up in places outside of Las Vegas, and professional sports leagues that used to oppose sports betting are now embracing it. Except for

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

By Jo Montague 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

Metaverse casino served emergency cease and desist to halt NFT sales

By Jo Montague Oct 20, 2022

A metaverse casino has been hit with simultaneous cease-and-desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered

5 state regulators allege organization is tied to Russia, scamming users using metaverse casino

By Jo Montague May 11, 2022

Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam through nonfungible tokens (NFTs)

Texas regulators order virtual casino to stop selling NFTs

By Jo Montague Apr 14, 2022

A virtual, Cyprus-registered casino, Sand Vegas Casino Club, faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme

Maduro Announces Crypto Casino in Support of Petro and Public

By Jo Montague Jan 21, 2020

Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. A casino for relief Maduro said Ávila National