Sportsbooks react to NBA betting scandal: ‘Shocked,’ ‘shoulder shrug’ Summary Las Vegas bookmakers offered mixed reactions after authorities arrested more than 30 people in a gambling probe that included Miami Heat guard Terry Rozier, Portland coach Chauncey Billups and former player/assistant Damon Jones. Some industry figures were “shocked,” others gave a “shoulder shrug” — reflecting […]
EU backs plan to tap frozen Russian assets | SpaceX cuts Myanmar scam Starlinks | Apple loses UK app suit Summary European Union leaders in Brussels are considering using frozen Russian central-bank assets to provide a €140 billion loan package to Ukraine, provoking furious reaction from Moscow. SpaceX says it has deactivated more than 2,000 […]
Here’s how indictment says Terry Rozier shared information that paid off for bettors Summary The federal indictment unsealed in New York accuses Charlotte Hornets guard Terry Rozier, a friend and others of a scheme that allegedly used inside information to win prop bets. Prosecutors say Rozier told a friend he would leave a game early […]
Nevada Gaming Commission reiterates concerns about prediction markets to Flutter chairman Summary The Nevada Gaming Commission, led by Commissioner Brian Krolicki, warned Flutter Entertainment’s chairman John Bryant that licencees must comply with state laws governing sports‑event contracts or risk jeopardising their gaming licences. The warning came as the Commission unanimously approved Bryant’s licence but used […]
How cheaters rigged high-stakes poker games with the mob and sports pros, according to authorities Summary Federal authorities unsealed indictments accusing a poker-cheating ring tied to La Cosa Nostra and involving notable NBA figures of using high-tech and old-school methods to defraud wealthy players in secret Manhattan games. The alleged scheme included rigged shuffling machines […]
Crown Perth to introduce mandatory carded play from 1 December Summary Crown Perth will implement mandatory carded play across electronic gaming machines (EGMs) from 1 December 2025, fulfilling a key recommendation from the 2021 Perth Casino Royal Commission. All EGM patrons must use a personalised membership card linked to an account that enforces time and […]
Son of company founder issues bid to increase Ainsworth holding in latest move against Novomatic control Summary Kjerulf Ainsworth, son of Ainsworth Game Technology (AGT) founder Len Ainsworth, has launched a proportional takeover offer to buy an additional 2.9% of AGT at AU$1.30 per share — a 30% premium to Novomatic AG’s unconditional AU$1.00 offer. […]
Marina Bay Sands abandons standard hold calculations on rolling baccarat as theoretical rates hit new heights Summary Las Vegas Sands has changed how it calculates expected hold on rolling baccarat at Marina Bay Sands (MBS) after smart-table data showed theoretical rates reaching 4.2% in 3Q25. The company reported a steady climb in expected hold over […]
Las Vegas Sands on the rise in 3Q25 as stunning Singapore run continues, Macau resorts show sequential improvement Summary Las Vegas Sands (LVS) posted strong 3Q25 results with net revenues of US$3.33bn, up 24.3% year-on-year and 4.7% quarter-on-quarter. Marina Bay Sands (MBS) again led the group, generating US$1.44bn in net revenues (including US$1.07bn in casino […]
AI Can Develop Harmful Gambling Behaviour, Recent Study Finds Summary A team at the Gwangju Institute of Science and Technology tested advanced LLMs (OpenAI’s GPT-4o-mini and GPT-4.1-mini, Google’s Gemini-2.5-Flash, and Anthropic’s Claude-3.5-Haiku) in a simulated slot-machine environment. Each model began with $100 and repeatedly chose whether to bet or quit on a game with negative […]
