The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
 
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 

Feed Items

A gambling addict who stole £1.7 million ($2.3 million) from his company has been sentenced to four years in prison after using the money on luxury holidays, drugs, and gifts for his partner. Neil Harris, from Poole in Dorset, was working at a high-end recruitment firm when he started funneling company money into his own bank account over the course of six years. 'Gambling addict' financial...
Supposed Filipino online casino, PHLove, has come under fire once again. After we reported on the Maltese watchdog distancing itself from the website, we reached out to the UK Gambling Commission (UKGC). Unsurprisingly, as it turns out, the UKGC also doesn’t have PHLove on record as licensed by them. This is even though PHLove has used the logo to “verify” that it is operating alongside the UKGC...
DraftKings is launching a new tool to combat addiction and overspending on its app. Dubbed “My Budget Builder”, the newly integrated portion of its Responsible Gaming Center will allow gamblers to set limits and reminders for nearly all elements of DraftKings’ platforms. Speaking in the press release, Chief Responsible Gaming Officer, Lori Kalani, said: “My Budget Builder is a new kind of...
A former bookkeeper has been charged for her part in a half-decade-long tale of embezzlement totalling $800,000. At this time, it is reported that she spent the ill-gotten gains on personal expenditure, including gambling. The individual in question, Reese Esther Paul, 66, of Holland, Northampton Township in Pennsylvania, received a custodial sentence and a period of probation for her part in the...
The Canadian government is looking to make substantial changes to the legislation around anti-money laundering and other illicit acts in a new legislative overhaul. The current legislation, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), has, in the words of the gambling community, been outdated. Their point comes with the technological changes that are rapidly...
Internazionale Milano (Inter Milan) is set to take on Fluminense in the FIFA Club World Cup. We look at the best bets ahead of the knockout tie taking place at the home turf of Charlotte Football Club, the Bank of America Stadium. Inter vs Fluminense Club World Cup best bets Inter have used the tournament to recover from the disappointment of the UEFA Champions League disappointment that they...
Star Entertainment, the beleaguered Australian casino operator, faces a new setback as its deal to exit the Queen’s Wharf casino and hotel complex in Brisbane is on the verge of collapse. The company’s joint venture partners, Hong Kong-based Chow Tai Fook Enterprises and Far East Consortium, each holding a 25% stake, have threatened to terminate the agreement to purchase Star’s 50% stake for $...
Midnite has been named as the principal partner of English Championship soccer club, Sheffield United FC.  The UK-based gambling operator will have its logo on the front of the Blades’ playing shirts for the men’s and women’s teams, as well as adorning the club’s training kits.  The challenger brand will benefit from further signage and logo placement around Bramall Lane, Sheffield United’s home...
The Van Don integrated casino resort in Quang Ninh province, Vietnam, has been officially approved by Deputy Prime Minister Tran Hong Ha, marking a significant development for the country’s gaming sector. On Friday (June 27), a US$2 billion investment was approved for a 70-year license to develop the project in three phases over nine years, as reported by VN Express.  The complex will span over...
Tonje Sagstuen, the CEO of Norway’s state-owned gambling operator, Norsk Tipping, has resigned following a serious, embarrassing error that informed thousands of Norwegians that they had won life-changing amounts.  Players of the EuroJackpot draw were informed they had won significant cash prizes in the lottery draw, as the inflated sums were displayed on the company’s website and app on Friday (...