Business & Financial

CoinGeek Reveals FTX Lawyer Dan Friedberg Ties to Electonics Website

CoinGeek Reveals FTX Lawyer Dan Friedberg Ties to Electonics Website

CoinGeek warned of Dan Friedberg's shady associations well before the FTX crypto exchange's epic collapse.

Submitted by Jagajeet Chiba on, Jan/03/2023

Is PrizePicks Legal in the State of Ohio?

Is PrizePicks Legal in the State of Ohio?

PrizePicks is not legal in Ohio even though sports betting is now fully regulated and offshore sportsbooks have been accessible from the Buckeye state for the better part of two decades now.

Submitted by Ean Lamb on, Jan/02/2023

Ohio Legal Sports Betting Kicks Off... With Pete Rose?

Ohio Legal Sports Betting Kicks Off... With Pete Rose?

MLB icon Pete Rose gambled on the Reds while making Ohio's first legal sports bet.  The irony here is that Rose has been disqualified from entry into the Baseball Hall of Fame due to his prior gambling activity. 

Submitted by Gilbert Horowitz on, Jan/02/2023

How to Use Paysafecard to Deposit at an Online Casino in Australia

How to Use Paysafecard to Deposit at an Online Casino in Australia

Paysafecard has grown in popularity in recent years as a payment option at online casinos due to its high level of security. It is also quite handy and simple to use. Paying with a PaysafeCard card code, for example, eliminates the need to give additional personal or billing information at checkout.

Submitted by B.E.Delmer on, Dec/28/2022

Ohio Regulators Stark Warning to Sportsbook Operators: 'Adhere to Regs or Else'

Ohio Regulators Stark Warning to Sportsbook Operators: 'Adhere to Regs or Else'

Plus Elys Game Technology warns of turmoil in sports betting industry as it sets up retail book in DC gentleman's club.

Submitted by Gilbert Horowitz on, Dec/28/2022

PointsBet in Talks Over Selling to Jake Paul's BetR

PointsBet in Talks Over Selling to Jake Paul's BetR

Corporate bookmaker PointsBet Holdings Ltd. is said to be in discussions to sell its Australian trading busines to an online betting firm linked to YouTube sensation and boxer Jake Paul. 

Submitted by Aaron Goldstein on, Dec/28/2022

'Life Coach' Arrested for Allegedly Running Ponzi Scheme to Support Gambling Habit

'Life Coach' Arrested for Allegedly Running Ponzi Scheme to Support Gambling Habit

Plus a flood of sports betting ads in Canada prompt concerns from parents as one popular sports program recently featured no less than 19 ads for sports gambling companies.

Submitted by Alejandro Botticelli on, Dec/27/2022

Fortnite Maker Epic Games Hit With Record Fine: Violated Children's Privacy?

Fortnite Maker Epic Games Hit With Record Fine: Violated Children's Privacy?

Plus former Dallas Cowboys WR, now Jets assistance, Miles Austin suspended for violating NFL gambling policy.  And over 12,000 arrested for illegal World Cup betting.  A former soap star-turned porn entrepreneur also busted.

Submitted by Jagajeet Chiba on, Dec/26/2022

Sam Bankman-Fried Off to Serve Home Detention, Spotted in Airline Lounge

NY Times: Emails Reveal Sam Bankman-Fried’s Courtship of Federal Regulators

CoinGeek had Bankman-Fried among its "Crypto Crime Cartel" back in November 2021, a full year prior to the FTX collapse.

Submitted by Aaron Goldstein on, Dec/26/2022

Can I Play on PokerStars VR From California for Real Money?

You've seen the commercials.  PokerStars is pushing its free-to-play VR platform and, while it is available from the great state of California, it is not available for real money. There are other options for playing casino games for real money. 

Submitted by B.E.Delmer on, Dec/24/2022

For Sale: BetMGM Customer Data

For Sale: BetMGM Customer Data

If you think the hacking of DraftKings accounts were bad a few weeks back, here comes BetMGM.

Submitted by Gilbert Horowitz on, Dec/23/2022

These Gambling Operators and Friends of the Industry Are Getting Lumps of Coal This Christmas

Who's been naughty?  Who's been nice?  Some gambling operators and individuals associated with the industry were more than a little naughty.  Let's see who among our friends is getting a big 'ol lump of coal in their stocking.

PointsBet People (Drew Brees Lightning Strike Gag)

Some genius put his name to this one.

Submitted by Jagajeet Chiba on, Dec/23/2022

Fanatics CEO on Being No. 1 in Sports Betting Soon: 'People Say That I am Nuts"

Fanatics CEO on Being No. 1 in Sports Betting Soon: 'People Say That I am Nuts"

Plus BetMGM and the Predators perfect together, Ohio doling out sports betting licenses as if they were candy.  Plus Vermont considers legalizing sports betting but hasn't considered a tax rate.

Submitted by Gilbert Horowitz on, Dec/22/2022

Where Can I Bet Sports Near Wake Forest, Raleigh Durham?

Where Can I Bet Sports Near Wake Forest, Raleigh Durham?

BetAdrian is accessible to those from the Raleigh Durham, North Carolina area, including Wake Forest.

Submitted by Ean Lamb on, Dec/21/2022

Bitcoin and the Gambling Industry: FAQs

Bitcoin and the Gambling Industry: FAQs

We also explore whether one can legally place bets with bitcoin and other cryptocurrencies.

Submitted by Aaron Goldstein on, Dec/21/2022

Tech Space, Not Gambling Media, Widely Covering DraftKings Customer Breach

Tech Space, Not Gambling Media, Widely Covering DraftKings Customer Breach

And now comes word that BetMGM, too, has been the target of a breach.

Submitted by Gilbert Horowitz on, Dec/21/2022

An Utter Failure of Corporate Controls at FTX as Founder Agrees to Extradition

An Utter Failure of Corporate Controls at FTX as Founder Agrees to Extradition

Bankman-Fried waived his rights to a hearing on the matter.  Some reports suggest he fell asleep during a Monday court appearance.

Submitted by Aaron Goldstein on, Dec/21/2022

Cryptocurrency and Gambling

Since the earliest human civilizations, men have been wagering their earnings on games of chance or skill. Throughout our history, gambling (or betting) has endured as one of the most popular forms of entertainment. Venues have changed, games have evolved, but the desire for people to play these games has stayed the same.

Submitted by Aaron Goldstein on, Dec/21/2022

Gambling Interests Gave GOP Group Behind Pro-DeWine PACs $1M

Gambling Interests Gave GOP Group Behind Pro-DeWine PACs $1M

Gambling interests positioning for lucrative business as Ohio remakes its betting landscape donated nearly $1 million to a nonprofit group that helped successfully reelect Republican Ohio Gov. Mike DeWine, a key decision-maker regarding the market’s future, an Associated Press review found.

Submitted by Associated Press on, Dec/20/2022

Bet on Xmas Flight Cancellations for Christmas 2022

Bet on Xmas Flight Cancellations for Christmas 2022

A Siberian Arctic air blast is headed straight toward the U.S., potentially shattering records and causing anarchy for travelers on Christmas Day.  Oh have no fear.  Our friends from BetOnline are here to take bets on the most airport flight cancellations.

Submitted by C Costigan on, Dec/20/2022

Things Just Got Really Ugly for DraftKings: Over 67,000 Compromised

Things Just Got Really Ugly for DraftKings: Over 67,000 Compromised

At the time of the attack, DraftKings originally claimed there was no breach.  Customer service numbers and links were reportedly unreachable.

Submitted by Jagajeet Chiba on, Dec/19/2022

Where Can i Find Betting on Elon Musk, Twitter

Where Can i Find Betting on Elon Musk, Twitter

The users have spoken, and they want Elon Musk to step down as CEO of Twitter.  Perhaps he knew that would be the case when he promised to abide by any voting results.  Elon had to know he had plenty of haters on the platform.  This could provide the entrepreneur with an easy out.

Submitted by Aaron Goldstein on, Dec/19/2022

Tesla’s Elon Musk is Twitter’s Biggest Stakeholder: They Should be Thrilled He is About to Walk Away

Tesla’s Elon Musk is Twitter’s Biggest Stakeholder: Oddsmakers on Alert

The oddsmakers at BetOnline have offered Twitter odds over this past year in light of Elon Musk buying the social media platform.  Now he is set to step down as its CEO?

Submitted by Aaron Goldstein on, Dec/19/2022

Bettors Were All Over Argentina and Messi to Win the FIFA World Cup

Dave Mason of BetOnline admitted his book would be huge France fans Sunday morning.  It's easy to see why.

Submitted by Mary Montgomery on, Dec/18/2022

MGM Springfield Awarded Massachusetts Sports Betting License

The Massachusetts Gaming Commission on Monday agreed to award MGM Springfield a Category 1 sportsbook license.  This allows them to operate a retail sportsbook.  A decision on a Category 3 license for its BetMGM mobile brand was still being considered. 

Submitted by Gilbert Horowitz on, Dec/17/2022

4 Crypto Gambling Trends Which Will Transform the Industry in 2023

4 Crypto Gambling Trends Which Will Transform the Industry in 2023

It doesn't exactly take a rocket scientist to guess which of the four predicted trends in crypto gambling will almost certainly take effect in 2023.  That would be increased regulatory scrutiny. 

Submitted by B.E.Delmer on, Dec/16/2022

AskGamblers Sells for €45m, Indiana Nearly Breaks Its Own Record

AskGamblers Sells for €45m, Indiana Nearly Breaks Its Own Record

The buyer is one Gaming Innovation Group (GiG).  They are slated to pay €20m in cash on closing, €10m 12 months after closing and the €15m balance 24 months after closing.

Submitted by Gilbert Horowitz on, Dec/15/2022

Hustler Casino Concludes 'Vibratorgate' Live Streaming Tournament Probe

Hustler Casino Concludes 'Vibratorgate' Live Streaming Tournament Probe

Find out what the casino uncovered after story makes national headlines.

Submitted by Ace King on, Dec/15/2022

PlayUP License Denied in Ohio, Penn Fined

Ohio Casino Control Commission Denies PlayUP License Over Possible 'Illegal Activity'

Ohio Gaming Commission also ordered a cease and desist against PlayUp with more details forthcoming.

Submitted by C Costigan on, Dec/14/2022

Bankman-Fried's Mom Laughs During Hearing After Being Told Son a Fugitive

Bankman-Fried's Mom Laughs During Hearing After Being Told Son a Fugitive

His father, Joseph Bankman, "occasionally put his fingers in his ears as if to drown out the sound of the proceedings," per CoinDesk.

Submitted by Aaron Goldstein on, Dec/14/2022

Breaking News

Sports Gambling Tax Hiked in Louisiana

Louisiana legislators have approved a plan to give most college athletic programs in Louisiana nearly $2 million in state tax revenue annually.  Care to guess where that money will be coming from?

White Sox Suddenly Getting Kind of Hot

Don't look now but the Chicago White Sox are on a roll.  Winners of four of their last five, Chicago is looking to sweep the Kansas City Royals at home on Sunday.