Gambling


Policy

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.

Sorare denies its blockchain-based fantasy soccer game violates U.K. gambling laws. (Unsplash)

Finance

DraftKings Dumps NFT Business, Citing Legal Developments

The sports gambling company faces a class action lawsuit alleging its NFTs are securities.

(Photo illustration by Scott Olson/Getty Images)

Finance

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.

Jaylen Brown of the Boston Celtics drives around Kyrie Irving of the Dallas Mavericks during the fourth quarter in Game Two of the 2024 NBA Finals in Boston. (Photo by Maddie Meyer/Getty Images)

Finance

ZKasino Gives Users 72 Hours to Retrieve Their Ether

The on-chain casino received $33 million in deposits last month.

Zkasino has re-opened ether bridge to users. (Carl Raw/Unsplash)

Finance

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.

ZKasino sents $33M to Lido (Carl Raw/Unsplash)

Policy

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.

Tether CEO Paolo Ardoino (Tether)

Tech

Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs

Over 1.2% of the token’s supply was destroyed, a co-founder said.

Crypto casino Stake hit by $45 million exploit. (Carl Raw/Unsplash)

Finance

Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume

The casino features a slot machine focused on dogecoin and pepe.

dogecoin/pepe slot machine (Coco Bets)

Videos

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.

Recent Videos

Finance

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.

amanda-jones-fDtePwt9DdA-unsplash

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