The 1MDB scandal was one of the most significant financial frauds of recent times, involving the alleged embezzlement of billions of dollars from the Malaysian state-owned investment fund. At the center of this scandal were multiple high-profile individuals, including politicians, bankers, and businessmen, who were accused of conspiring to siphon...
In 2008, the online gambling industry was introduced to a developer called Top Game. The company quickly gained popularity for its innovative slots and progressive jackpots, attracting players from all over the world. However, in 2009, one of their licensed casinos, Rome Casino, became the center of a huge scandal. Players...
FTX's Chief Regulatory Officer Daniel Friedberg was involved in the coverup of the UltimateBet cheating scandal. Friedberg, who served as FTX's General Counsel before taking on the company's regulatory role, was recently described by Steven Stradbrooke as being "almost comically inappropriate" for the job. The collapse of FTX, which saw its...
If you are an avid gambler, you know that casinos are designed to make money. However, some casinos take advantage of their players in unethical ways. In this article, we will explore how unfair casinos take advantage of players and what you can do to avoid falling victim to their...
According to Bloomberg, Evolution AB was named in an anonymous complaint filed by a competitor. The lawsuit, whose name has not been revealed, claims that Evolution is operating illegally in some markets that are currently sanctioned by the United States. On November 12, the law firm Calcagni & Kanefsky LLP issued...
Learn how to legally defeat a casino game – whether through the relatively harmless process of card counting or with a play as brazen as Kelly Sun's multi-million-dollar edge sorting maneuver – and you'll learn that being asked to leave casinos is an occupational danger. Back-offs and 86s are expected by...
Michael Franzese (born May 27, 1951) is the son of former underboss John "Sonny" Franzese, a former New York mobster and caporegime of the Colombo crime family. After his father was sentenced to 50 years in prison for bank robbery in 1967, Franzese dropped out of Hofstra University's pre-med program...
The downtown Moscow office of Fonbet, Russia's largest sports betting operator, appeared like a besieged castle one day in the summer of 2013. The air was filled with sparks and the stench of burning metal. Officers from the Ministry of Internal Affairs anti-corruption directorate had arrived to carry out a search...
