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Gambling
Fantasy Sports Company Sorare Charged With Providing Unlicensed Gambling Facilities in U.K.
Sorare was charged with violating the Gambling Act 2005 in the regulator's first move against a blockchain-based platform.

DraftKings Dumps NFT Business, Citing Legal Developments
The sports gambling company faces a class action lawsuit alleging its NFTs are securities.

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour
A series of unfortunate sports losses have left Drake very close to losing $1 million worth of bitcoin bets.

ZKasino Gives Users 72 Hours to Retrieve Their Ether
The on-chain casino received $33 million in deposits last month.

ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido
Depositors were originally told that bridged ether would be returned once the bridging phase was over.

UN Says Tether Plays Major Role in Illicit Activity in East Asia; Stablecoin Issuer Hits Back
Tether said it was "disappointed" that the report had singled out its stablecoin, USDT.

Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs
Over 1.2% of the token’s supply was destroyed, a co-founder said.

Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume
The casino features a slot machine focused on dogecoin and pepe.

Is Crypto a New Risk for Problem Gambling?
Texas Tech University's Devin J. Mills discusses the role of psychology in investing in cryptocurrencies, sharing insights into his latest research report on the intersection of crypto trading and gambling.

Ex-Poker Pros Raise $130M Fund for DeFi Bets
Ascensive Assets’ investors are mainly high-net-worth individuals in Asia connected to the gambling industry.
