First Charges Filed Against Video Game Gambling

Written by:
Guest
Published on:
Sep/16/2016

September 16, 2016 - Two men have been charged in what is believed to be the first prosecution involving gambling in video games. The BBC reports that Dylan Rigby and Craig Douglas, who are both from Essex in the United Kingdom, have been charged by the Gambling Commission with promoting a lottery and advertising unlawful gambling.  Douglas is also charged with encouraging minors to gamble. Video game betting is estimated to be worth as much as £4bn. - Aaron Goldstein, Gambling911.com

Gambling News

60 Minutes Dives Into MGM, Caesars Ransom Attack of Last Year

A surprisingly young cohort of hackers paralyzed some of Las Vegas’ biggest hotels and casinos last fall, demanding an exorbitant ransom. The FBI and cybersecurity researchers call them “Scattered Spider." Bill Whitaker reported on the story for 60 Minutes Sunday.

Does the IRS Report How Much I Won at DraftKings?

If you won over a certain amount of money betting at DraftKings, the online sportsbook is obligated to report your winnings to the IRS.  DraftKings and other regulated sportsbooks typically require you to provide your social security number during the registration process.

Syndicate