Nevada gives first approval for remote activation of cashless wagering accounts

The Nevada Gaming Control Board has issued its recommendation for a proposed regulation change that would allow casino customers to establish wagering accounts for cashless gaming remotely. This comes after the Nevada attorney general’s office said the switch would not violate federal anti-money laundering law, The Nevada Independent reported.  The regulation proposedContinue Reading

Sophisticated .6million “Losing Accounts” Gambling Ring Busted in China

11:1128 Nov Police in China have busted a $4.6million gambling ring that was running a sophisticated operation involving losing sportsbetting accounts – resulting in mass arrests and seizures across the country. The sportsbetting syndicate was short-lived but extremely lucrative, the basic premise being that losing accounts would be offered hugeContinue Reading