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…
Anyone planning to bet on the outcome of Super Bowl LIX using the Robinhood financial services app is going to have to change their plans. The investment app's ambitious plans to offer wagers on the Big Game in the form of events trading contracts has been put on hold by the U.S. Commodity Futures Trading…
Federal investigators are looking into allegations of unusual betting patterns surrounding the play of Terry Rozier in 2023. Rozier, who is currently playing for the Miami Heat, was playing with the Charlotte Hornets at the time the games under investigation were played. News of the investigation was first reported earlier this week by the Wall…
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…
Are online advertisements for sportsbooks and casinos heading for the dustbin of history? They will surely be a thing of the past if a New Jersey lawmaker has his way. Late last week New Jersey Assemblyman Brian Bergen introduced Assembly Bill A5207, which would ban all forms of online advertising for sportsbooks, online casinos and…
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…
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…
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…
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…
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…
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