Day: September 18, 2024
Brazil Sets October 1 Deadline for Unlicensed Gambling Operators to Close
Brazil’s Ministry of Finance has declared that unlicensed gambling operators must cease operations in the country by October 1. Brazil has long had gambling companies work in a largely unregulated gray market, but is underway with plans to launch a federal, regulated gambling market, which is set to launch on January 1, 2025. just two…
Read MoreCaretaker Jailed After Stealing Life Savings from Elderly Man to Fund Gambling Habit
Care patient defrauded A caretaker in Nottinghamshire, England, was jailed for six years after stealing £125,000 ($165,000) from an elderly man she was looking after to fund holidays and online gambling. she completely drained his life savings over a period of less than two years Anne Hill, 57, gained power of attorney over Louis Woodward,…
Read MorePlaytech Stock Rises 14% After Dispute With Mexican iGaming Brand Ends
Shares in UK’s Playtech Plc, the world’s largest supplier of online gaming and sports betting software, rose 14% on the back of news that its ongoing dispute with Mexican iGaming operator Cali Interactive has been resolved. refusal to pay B2B license and service fees The detente dated back to July 2023 over Caliplay, the joint venture…
Read MoreMass Graves Found at Philippines Offshore Gambling Facility
Gruesome discovery The Department of Justice (DoJ) is investigating alleged mass graves found after a raid at Lucky South 99, a Philippines Offshore Gaming Operator (POGO). The fact that there is an existing grave site [means] it would not be a surprise if there are others.” “It is a very serious matter that we cannot…
Read MoreFeds Find Denver’s Player One Arcade Owner Guilty of Running Illegal Gambling Dens
Illegal gambling arcade The United States Attorney’s Office for the District of Colorado (USAO-CO) has announced a guilty verdict for the owner of Player One Arcade in Denver who ran an illicit gambling enterprise. A federal jury found Denver native Jonathan Arvay, 38, guilty on one count apiece of conspiracy to conduct an illegal gambling…
Read More