New Jersey’s internet gambling market hit a new high in September, with Atlantic City’s casinos and their online partners pulling in more than $208 million, according to figures released Thursday by the New Jersey Division of Gambling Enforcement. This is the first time online gambling revenues have surpassed $200 million in a single month. The...
Tag: internet
Post
Post
Sports Betting Study Tracks Losers’ Threats and Abuse of NCAA College Athletes
With legalized sports betting spreading state by state, a lot more people are investing their attention and their hard-earned money into gambling on sports. As a result, pretty much just as many people are losing money—and taking their frustrations on the athletes they wagered on. A recent study by the NCAA and data science company...
Post
Three arrested over alleged laundering of online casino money
Osaka – The Osaka Prefectural Police recently arrested three people on suspicion of illegally laundering online casino gambling money. The suspects apparently had some ¥4.9 billion in total paid into their bank accounts from about 10,000 people who took part in overseas online gambling. The police arrested Yukiko Han, a 41-year-old company executive living in...
Post
Former Arm CEO criticizes Britain for not holding onto its top tech firms
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the...
Post
Philippines Arrests Over 150 Foreigners in Online Gambling Raid
(Bloomberg) — Philippine authorities arrested more than 150 foreign nationals during a raid of an illegal online gaming hub on Saturday. Agents found dozens of people engaged in illegal activities on makeshift workstations inside a resort on the central island of Cebu, the immigration bureau said in a statement. Authorities discovered “at least three scam...
Post
Dave & Buster’s will let customers bet on arcade games
Dave & Buster’s plans to add a feature to its app that will allow customers to place bets amongst themselves on competitive games, according to an announcement from the entertainment chain on Tuesday. It’s just the latest sign that tech-based gambling is becoming normalized in the U.S. at an unprecedented rate, seemingly without regard for...