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Federal authorities arrested 12 alleged members and associates of the 18th Street gang Thursday (March 5), saying the group ran a criminal network around Los Angeles’ MacArthur Park that mixed drug trafficking, illegal gambling, extortion, and violence. Investigators say the operation functioned as both a narcotics marketplace and a hub for underground gambling tied to gang control of the...
Spanish police have arrested 12 people accused of running a criminal network that washed millions of euros through online gambling platforms while exploiting Ukrainian women who had fled the war. The arrests came after an international investigation coordinated by Europol. Authorities say the group built a complex financial setup that used gambling systems and bank accounts to disguise...
Ladbrokes’ parent company, Entain, says a sharp rise in UK gambling taxes has already taken a heavy financial toll and could ultimately strengthen unregulated betting markets. The FTSE-100 gambling group reported a £681 million ($907 million) statutory loss after tax for 2025, driven in large part by a £488 million ($650 million) impairment tied to higher UK gambling taxes announced in...
Bonus abuse has emerged as the leading fraud threat facing North America’s online gaming industry, as criminals increasingly exploit promotional incentives and sign-up offers to generate illicit profits. A new industry survey suggests the problem remains a constant concern for operators trying to grow their customer base. LexisNexis Risk Solutions questioned nearly 1,000 decision-makers...
The NCAA has now spelled out how teams must report player availability during the 2026 men’s and women’s Division I basketball tournaments, setting firm deadlines and financial penalties for programs that fail to follow the rules. Division I Men’s and Women’s Basketball Committees released the framework on Wednesday (March 4) as the association prepares to roll out the reporting system during...
Interest in prediction markets has surged in recent years, but two U.S. senators now want to make sure top government officials cannot profit from them. Senators Jeff Merkley of Oregon and Amy Klobuchar of Minnesota have introduced a bill designed to stop federal leaders from betting on prediction markets where people wager on the outcomes of future events. The proposal focuses on so-called...
Ohio’s online gambling market may be booming, but a new national scorecard suggests consumer protections are lagging behind the industry’s rapid growth. A report from the Consumer...
A woman from Luzerne County who handled finances for a local church will spend time in federal prison after admitting she secretly funneled church money to fund her gambling habit. Gail Nossavage, 62, of Harding, Pennsylvania, received a 15 month prison sentence after pleading guilty to one count of wire fraud in federal court. U.S. District Judge Karoline Mehalchick handed down the sentence...
Prosecutors in Taipei have filed charges against dozens of people in a sprawling money laundering case tied to the Cambodia-based Prince Group, wrapping up a months-long investigation into a network authorities say moved billions of New Taiwan dollars through the island’s financial system. The Taipei District Prosecutors Office announced Wednesday (March 4) that 62 defendants and 13 companies...
Jake Paul’s betting platform Betr is getting ready to add prediction markets to its growing list of gaming products through a new partnership with Polymarket. The deal sets the stage for users to begin trading contracts tied to real-world outcomes directly inside the Betr mobile app starting in 2026. NEW: @betr is the latest to partner with @Polymarket #PredictionMarkets pic.twitter.com/...