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FBI Says Notorious North Korean Hackers Lazarus Group Are Behind the Crypto Casino Stake.com $41 Million Hack
The FBI has identified the North Korean hackers known as Lazarus Group for the $41 million theft from Stake.com on Sep. 4. The FBI adds that Lazarus goes by multiple other aliases, including APT38. It is one of three major hacking groups believed to have the backing of the North Korean government. On Sep.4, cyber […]
Former MGM Resorts CEO Jim Murren Named Chairman of Newly Formed UAE Gaming Authority
The United Arab Emirates (UAE) announced the establishment of a gaming regulator with some US industry veterans, including former MGM Resorts CEO Jim Murren at the helm. Murren was CEO from December 2008 to February 2020. Murren will take a leadership role as the Board of Directors Chairman for the General Commercial Gaming Regulatory Authority […]
Hackers Stole Over $41 Million From Cryptocasino Stake.com, Highlighting Crypto’s Vulnerability
Unregulated cryptocasino Stake.com has become the latest victim of cyber attacks. Digital security companies and cyber investigators estimate the losses from the attack on Sep. 4 at over $41 million. Stake confirmed the attack on X (formerly Twitter) but has not released updates. According to Beosin Alert, the breach involved three types of crypto blockchains […]
Ontario Regulator Bans Athletes From Online Gambling Ads ‘to Protect Minors,’ But Adults Happy
Ontario bans athletes from online gambling ads beginning on Feb. 28, 2024, “to protect minors.” However, the announcement on Aug. 29, 2023, about the upcoming rule enforcement primarily appears to be making adults happy. On Tuesday, the Alcohol and Gaming Commission of Ontario (AGCO) published an overview of the new marketing and advertising rules. AGCO said […]
Flutter Joins Group Aimed at Boosting Diversity and Inclusion
Global gaming giant Flutter has announced its membership in WiHTL, a “collaboration community devoted to increasing diversity and inclusion in the hospitality, travel, and leisure industry (HTL).” As part of the relationship, Flutter, the owner of brands including FanDuel and PokerStars, will sponsor WiHTL’s Women Non-Executive Director (NED) program. The unique program provides the skills, […]
Study Finds That Half of Self-Excluding Gamblers Have Gambled, Mostly at Offshore Casinos
A Swedish survey study has found that 49% of gamblers who had self-excluded have breached their exclusion, most of whom used online casinos. In total, 9% of respondents said they had self-excluded from any form of gambling in the past year. The study by A. Håkansson and N. Komzia from the Department of Clinical Sciences […]
Study Finds Debt Consolidation Offers Opportunity to ID, Support Problem Gambling
A study out of Finland has identified an opportunity to identify problem gambling and offer addiction support during the debt consolidation process. Unlike previous studies on the topic, it used direct data from people applying to consolidate their debts, rather than less reliable self-reported data. The study found that over half of those seeking to […]
Latest GambleAware Study Finds Stigma a Key Barrier to Accessing Problem Gambling Support
According to GambleAware’s Annual GB Treatment and Support Survey 2022, stigma is a substantial barrier preventing adults from accessing help for gambling harm. YouGov studied over 18,000 adults on behalf of GambleAware to explore the usage of and demand for support and treatment among people in Great Britain who gamble and those affected by another’s […]
Kahnawà:ke’s Historic Gaming Industry Threatened by Proposed Canadian Gambling Bill, S-268
A new Canadian gambling bill intended to enshrine First Nations’ right to gaming on their own land could dismantle the Mohawk Nation of Kahnawà:ke’s decades-old online gambling industry. Alberta Senator Scott Tannas is the bill’s sponsor. First Nations are themselves split on the bill. S-268 received glowing endorsements from Alberta and Saskatchewan-based Indigenous leaders at a June […]
St. Michaels Researchers Launch App for 24/7 Problem Gambling Support
Researchers from St. Michaels Hospital in Toronto, Ontario, have launched a new mobile application to support people experiencing gambling harm. What’s particularly unique is was built to meet the needs of people experiencing poverty or homelessness in addition to problem gambling. Designed in partnership with community groups and those with lived experience of problem gambling, […]