Members of an illegal gambling ring connected to one of the world’s largest online betting sites M88 have been subjected to rigid sentences in Vietnam, this Friday. 30 individual got jail terms by a court in Ho Chi Minh City, while 14 others got suspended sentences who were responsible for placing sports wagers with the […]
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One of the world’s leading online payment processing providers, UK based, LSE (London Stock Exchange) listed Optimal Payments has rebranded itself as Paysafe Group. Their ticker will now be changed from OPAY.L to PAYS.L. According to the firm, this step towards a new brand identity, logo and company name will create a “powerhouse” in the […]
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A “rational alternative” to the USA’s current sports betting restriction will be resorted to, as announced by the board of directors of the American Gaming Association (AGA), top US casino lobbying group based in Washington DC, this Wednesday. The group said to have undertaken “a major shift in the industry’s approach to sports betting,” which […]
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Chris Christie, the New Jersey governor, conditionally vetoed the state legislature’s fiscal rescue package for Atlantic City, the struggling casino hub. Christie wrote in his statement, “While these bills represent the bipartisan efforts of many to provide important, near-term support to the city’s immediate challenges, I do not believe they meet the goal of setting […]
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One of the attorneys of the casino operator Caesars Entertainment Corporation (CEC), Gregory Ezring, is sued by creditors in Delaware on account of their renegade on a $7 billion loan guarantee. The attorney is asked to testify how CEC decided to sell a small part of its main unit, Caesars Entertainment Operating Co (CEOC), in […]
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