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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

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