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.
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.
Are you a gambling statistic? New 'expert summary' highlights the prevalence of problem gambling in the U.S.
Living within 10 miles of a casino doubles your risk of problem gambling. This is just one of the compelling statistics in the third "Expert Summary" issued by the University at Buffalo's Research Institute on Addictions.
Interpol president Khoo Boon Hui said on Tuesday that organised international gangs are behind most internet scams and that cyber crime's estimated cost is more than that of cocaine, heroin and marijuana trafficking put together.
Who wouldn't pay a penny for a sports car? That's the mentality some popular online auctions take advantage of -- the opportunity to get an expensive item for very little money.
Bulgaria's parliament adopted on Thursday a new law to regulate online gambling for the first time, its press office said.
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.
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.
(AP) -- Zynga, the social game company known for "FarmVille" and "Zynga Poker," is mulling a new market - online gambling.
(AP) -- The fight to fully legalize online gambling in the U.S. is now less about whether Americans will be able to play and more about who will bring the action to them - and when.