Posts Tagged ‘Gambling Frauds’
AsianLogic Playing It Safe
Hong Kong-based online gambling firm AsianLogic Limited has issued a trading update revealing that its financial results for the year will be affected by a recently introduced ‘risk management initiative’. AsianLogic reported positive interim results at the end of September and stated that it is still confident of delivering growth in [...]
Police Raid Second StanleyBet Shop
Police have raided the Thessaloniki outlet of UK and Malta-based sportsbetting group StanleyBet International Limited less than two weeks after opening for alleged illegal betting activities. Last week, officials conducted a similar operation against StanleyBet’s Athens outlet and arrested one person along with seizing machinery and $7,000. [...]
StanleyBet Outlet Raided By Police
In Greece, police raided an Athens outlet of UK and Malta-based sportsbetting group StanleyBet International Limited late last week alleging illegal betting activities. The shop had opened only ten days earlier along with a sister site in the nation’s second-largest city Thessaloniki and the police operation was conducted following a [...]
Abbantina Questions Bwin Announcement
The owner NextPoker.com, Abbantina Malta Limited, has reacted strongly to an announcement by Bwin Interactive Entertainment AG that it had excluded the virtual casino and poker room from its OnGame Network. Vienna-based Bwin stated earlier this week that it had expelled NextPoker.com for ‘repeated violations of the rakeback policy’ and [...]
EGBA Passes The Test
A recent study carried out by eCommerce and Online Gaming Regulation and Assurance (eCOGRA) has found that 67 percent of the consumer-facing standards implemented by the European Gaming and Betting Association (EGBA) match or exceed those applied by ten of the continent’s largest gambling monopolies. The EGBA is a non-profit association [...]
