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Mizuhara Gets 57-Month Sentence in Fraud Case

Ippei Mizuhara will be spending the better part of the next five years in federal prison system for stealing $17 million from Los Angeles Dodgers superstar Shohei Ohtani. Mizuhara used the pilfered funds to pay off debts accrued during some eye-popping gambling sprees. Earlier this week, U.S. District Judge John W. Holcomb issued Mizhuara a…

California Tribes Aren’t Rushing to Expand Gaming

If you were hoping to see a significant expansion of California gaming anytime soon, you're very likely to be disappointed. That was the message from representatives of the Golden State's powerful Tribal gaming interests at a panel discussion titled State of Gambling in California: Current Trends and Future Prospects that took place at the ICE…

Integrity Monitor Flags Eastern Michigan Basketball Bets

Sports betting integrity monitor IC360 issued a warning to its clients regarding suspicious betting activity involving Eastern Michigan University basketball games. It's the second time in a month that Eastern Michigan has been the target of an IC360 warning. According to reporting by ESPN.com's David Purdum, monitors were alerted when a bettor placed a very…

Crypto.com to Continue Sports Trading

Are "sports trading markets" the same thing as regulated sports betting sites? That's the question at the center of an ongoing dispute between Crypto.com and the US Commodity Futures Trading Commission. It's also a question that will likely be answered very in the wake of Crypto.com's total rejection of the US Commodity Futures Trading Commission's…

Brazilian Stakeholder Warns of Gamblers Tax Impact

Brazil's newly opened regulated online gambling market is going gangbusters, but the dark cloud of taxes could rain on the whole parade. That's the message from Rei do Pitaco’s chief legal officer Rafael Marchetti Marcondes. In a recent webinar titled, The Future of Gambling in Brazil, Marcondes warned players and operators alike about the impact…

GeoComply Data Shows Sports Betting Demand

How massive is the demand for sports betting in US States that have not yet offered regulated sports betting? A new data set from GeoComply evaluating showing attempts at accessing regulated sports betting sites from seven US States (Texas, Nebraska, Alabama, Georgia, Minnesota, South Carolina, and Mississippi) that do not offer sports betting shows that…

Maine Lawmaker Calls for College Prop Bet Ban

One of the unexpected side effects of regulated sports betting in the United States has been an explosion of threats and harassment from aggrieved sports bettors aimed at college athletes. This harassment, in many cases, has been the result of lost proposition bets on individual performances. A number of states are combating this problem by…