Latest articles
Kalshi Quickly Halts Electoral Prediction Contracts After False Start Thursday
On Thursday, prediction exchange Kalshi began issuing contracts—bets, effectively—on which major political party will win control of each half of the US Congress in the November election. However, it was forced to halt trading less than 24 hours later. Kalshi is engaged in a legal battle with the Commodity Futures Trading Commission (CFTC) over whether such contracts […]
Kentucky Attorney General Declares ‘No-Risk’ Machines Illegal, Like Skill Machines
“Risk-free play” gaming machines have no chance of surviving in Kentucky, according to state Attorney General Russell Coleman. These new machines, which pay out cash prizes, began popping up in response to the state’s crackdown on skill machines, another type of gray market slots-like device. Although the no-risk machines use a different argument to skirt traditional definitions […]
California Tribes to Sue Cardrooms: Legislators Rush Authorization Bill Through at Last Moment
California gaming tribes will have their chance to settle their differences with the state’s cardrooms in court, thanks to the last-minute passage of the Tribal Nations Access to Justice Act (TNAJA). That success marks the culmination of two years of effort to earn the one-time right to sue in state court led by the Viejas Band of […]
Poker Pro Damien LeForbes Pleads Guilty to Money Laundering, Illegal Bookmaking Tied to Vegas Casinos
Long Beach-based Poker-pro and former Resorts World Las Vegas (RWLV) regular Damien LeForbes admitted to money laundering and operating an illegal gambling business in a federal plea deal filed this week in Central California District Court. The plea makes LeForbes the third illegal bookmaker tied to Vegas casinos taken down by the feds in as […]
SpinX Kentucky Settlement: Social Game Developer Agrees to Pay $285,500
Social casino developer SpinX Games has agreed to pay $285,500 to settle a class action lawsuit in Kentucky. Once the court finalizes the settlement, state residents who wish to claim a portion of the money will have until Feb. 20, 2025, to complete a claim form, which will require proof that they made a purchase […]
Bovada Still Operates in 2 iGaming States That Haven’t Sent ‘Cease and Desist’ Letters
Bovada doesn’t operate in 11 legal US online gambling jurisdictions, exiting six of them since June. Perhaps most notably, Bovada no longer exists in 75% of iGaming states. However, Pennsylvania and Rhode Island haven’t yet ordered the illegal online gambling site to leave. Pennsylvania and Rhode Island officials tell Bonus that, unlike most of the […]
Greenbrier Sale Halted, Likely Making Looming West Virginia Gaming License Questions Moot
West Virginia’s Greenbrier Hotel, which partners with online casino operators on its gaming license, is no longer scheduled to be auctioned on Aug. 27. That may come as a relief to gaming license partners BetMGM, FanDuel, and Golden Nugget — owned by DraftKings. Publications ranging from AP to WSAZ reported on Aug. 22 that the family of […]
Resorts World Execs Courted Dirty Money, Alleges NGCB Complaint
Resorts World Las Vegas (RWLV) allegedly “welcomed” illegal bookmakers and players with a “history of ties to organized crime,” says the Nevada Gaming Control Board (NGCB). The Board levied the allegations against RWLV and its co-defendants in a disciplinary complaint filed against the casino resort last week. The complaint further accuses RWLV of plying said […]
FanDuel Founder Nigel Eccles Files Amended Lawsuit, Detailing Alleged Conspiracy
Nigel Eccles, the founder and former CEO of FanDuel, continues his years-long legal pursuit of the company and its institutional investors, KKR & Co. and Shamrock Capital Advisors. FanDuel was acquired by online gambling giant Flutter in 2018. Eccles claims the terms of that deal were not negotiated “at arm’s length” but instead calculated to cut himself and other common shareholders out of […]
Scott Sibella Prosecutor Jeff Mitchell Talks Compliance at Vegas Conference
US Attorney Jeff Mitchell discussed several high-profile West Coast anti-money laundering (AML) legal cases during an appearance at a Vegas conference on the Bank Secrecy Act (BSA). The BSA prevents financial institutions from facilitating money laundering. Mitchell, who led a series of recent litigations, including those against MGM Grand and its former president, Scott Sibella, […]
