News tagged with gambling

China busts $11 bln online gambling ring

Chinese authorities have busted what is reportedly the country's biggest online gambling ring, which allegedly handled bets of more than 70 billion yuan ($11 billion), according to state media.

Nov 02, 2012
not rated yet 0

EU tightens up online gambling controls

The European Commission outlined measures on Tuesday to tighten controls on online gambling, a fast-growing, multi-billion-euro industry, to combat fraud, money laundering and rigging of sport fixtures.

Oct 23, 2012
not rated yet 0

NY judge gives poker money man jail for bank fraud

(AP)—A man who processed money illegally for three Internet poker companies whose U.S. operations eventually were shut down was sentenced on Wednesday to five months in prison by a judge who said he played a "catch me if ...

Oct 04, 2012
not rated yet 0

Gambling exec: Online regulations unlikely in 2012

(AP)—It doesn't look like Congress will pass Internet gambling regulatory laws this year, the head of the industry's main lobbying group said Tuesday, as he cast online wagering hosted by sites overseas as one of the biggest ...

Oct 02, 2012
not rated yet 0

Some tribes seek federal rules on Internet gaming

(AP) — Some Native American tribal leaders are calling on the federal government to regulate online gambling as it did with brick-and-mortar gambling to ensure they are not kept from launching their own games.

Jul 26, 2012
not rated yet 0

US arrests head of online poker site

US authorities have arrested the head of online betting website Full Tilt Poker and charged him with a scheme to defraud banks and misleading customers about the security of their funds.

Jul 03, 2012
4 / 5 (1) 0

Australian gamblers spend big online - but it's risky

Australians are spending around $1 billion annually on illegal offshore gambling sites, yet with few regulations in place they are leaving themselves open to identity fraud, being ripped off or developing gambling problems.

Jun 05, 2012
not rated yet 0

US tries its luck easing online gambling stand

Despite a new crackdown on Internet gambling this week, the US government appears to be easing its stand on many forms of online betting, prompting states to swing into action to tap a new revenue source.

Mar 01, 2012
2 / 5 (1) 0

Four Canadians indicted on US gambling charges

US authorities seized the gambling website Bodog on Tuesday and announced the indictment of four Canadians on charges of illegal sports betting and money laundering, including founder Calvin Ayre.

Feb 28, 2012
not rated yet 2