Officials in China have busted a World Cup gambling ring that took in over 10 billion yuan (nearly $1.5 billion) in cryptocurrency bets, reports the South China Morning Post. Six individuals allegedly connected to a dark web-based crime syndicate hav...
China busts World Cup gambling ring pulling $1.5 billion in crypto bets
Officials in China have busted a World Cup gambling ring that took in over 10 billion yuan (nearly $1.5 billion) in cryptocurrency bets, reports the South China Morning Post. Six individuals allegedly connected to a dark web-based crime syndicate hav...
On May 14th, the United States Supreme Court eliminated a 26-year-old law prohibiting states from sponsoring sports gambling. Today, states are free to establish their own sports-betting laws, and a few governors are acting fast. New Jersey, the stat...
Officials in Belgium have determined that loot boxes violate the country's gambling laws and if publishers don't remove them from their games, they face jail time and fines. Specifically, FIFA 18, Overwatch and Counter-Strike: Global Offensive were f...
The controversy over loot boxes in games like Star Wars: Battlefront II, Need for Speed: Payback and Destiny 2 hasn't settled and state legislators in the US and governments abroad are considering legislation that would limit their use or straight up...
Last year's gaming controversy has turned into this year's legislative battleground. Fans were outraged when Star Wars: Battlefront II launched with buyable loot boxes that unbalanced multiplayer combat, and other games like Need For Speed: Payback a...
Angry Birds Champions is now available on iOS devices and through the developer's website, allowing players to fling their feathered friends against precarious piles of pigs in a bid to win real money for the first time. The game is accessible throug...
In its latest bid for relevance, Atari is glomming onto the cryptocurrency craze. The company is hoping to bolster its gambling business in Europe with Atari Token, according to Bloomberg. "Our aim is to take strategic positions with a limited cash r...
We learned last week that Belgium's gambling authority was investigating loot crates in Star Wars Battlefront II over concerns that they constitute gambling. Now, the decision is in, and the answer is a resounding yes, according to Dutch-language pub...
Have you ever seen a gambling machine or website that was all too conspicuously aimed at children? British regulators certainly have. The country's Gambling Commission and advertising overseers have ordered over 450 gambling sites to "immediately"...
A pair of YouTubers have avoided fines after the Federal Trade Commission (FTC) charged them with steering viewers to a CS:GO gambling site without disclosing that they owned it. Despite misleading viewers (including teenagers) and paying other YouTu...