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A Russian court is set to begin the trial of 17 underground casino operators accused of running illegal betting dens in two major cities.
Prosecutors say the accused conducted gambling operations in non-residential premises in Perm and Krasnokamsk from September 2022 to December 2024.
The group is accused of running four illegal gambling clubs in the cities...
When Bloomberg Businessweek’s article on Stake dropped on February 27, it attracted a lot of attention because it seemed to prove something many who’d watched Drake’s streams believed: there was no way all those jackpots lighting up the streams were just a normal run of good luck.
And for many reading the article, what Bloomberg said proved their suspicions were...
Underdog has laid off at least 125 people as the company changes its business model to focus on prediction markets. Underdog CEO & Founder Jeremy Levine confirmed the layoffs, which include the majority of the company's fraud team.
Levine explained the job cuts, stating, “We transitioned our business this year. We went from a focus on a state-by-state framewo...
Lawmakers in Oklahoma and Tennessee approved legislation that could ban sweepstakes casinos in their states. The bills both passed the Senate in their respective states and will now move to the House for consideration.
In Tennessee, the Senate passed SB2136 unanimously, 32-0, on Monday. This followed the Senate Commerce and Labor Committee's approval of the legis...
Australians lose up to AU$12 billion ($8.4 billion) a year on poker machines, or "pokies" as they are more commonly known. Creative director Neil Walshe believes one of the main reasons is the lack of a "losing sound."
An experiment aims to test whether adding an abrasive sound when losing will help Australians break their tag as the "world's biggest gambling lo...