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Online Gambling

All articles tagged with #online gambling

investigative-journalism7 days ago•15 min saved

ProPublica Reporter’s 10-Week DraftKings Experiment Exposes Flaws in Online Gambling Safeguards

ProPublica reporter Jake Pearson spent 10 weeks mimicking problem gambling behavior on DraftKings, depositing over $21,600 and losing significant sums. Despite triggering multiple red flags, the platform’s responsible gaming tools failed to intervene effectively, instead rewarding his activity with VIP status and increased deposit incentives. The investigation highlights a conflict between profit-driven design and consumer safety, prompting calls for stricter regulatory oversight.

via ProPublica|

#consumer-protection #draftkings #investigative-journalism

technology17 days ago•77 min saved

DraftKings Rewards Problem Gamblers with VIP Status Despite Responsible Gaming Prompts

ProPublica reporter Jake Pearson spent 10 weeks mimicking problem gambling behaviors on DraftKings, losing $12,500. Despite triggering multiple responsible gaming alerts, the company invited him to its VIP program within 30 minutes of a major loss. The investigation highlights a conflict between profit-driven AI targeting and consumer protection, with DraftKings defending its tools while critics argue the design prioritizes engagement over safety.

via ProPublica|

#ai-targeting #consumer-protection #draftkings

world5 months ago•3 min saved

Jakarta cracks down on massive online gambling network, 321 arrests

Indonesian police in Jakarta arrested 321 foreigners tied to a large online gambling network operating across about 75 betting platforms; the suspects, including Vietnamese and Chinese nationals, worked in roles from customer service to finance, with many entering on short-term visas. Investigations continue to identify organizers and backers, and those charged could face up to nine years in prison and fines.

via PBS|

#cross-border-crime #foreign-nationals #indonesia

health6 months ago•13 min saved

From 11 to 21: How Online Gambling Hooked a Generation of Teens

NBC News reports rising underage gambling risks, detailing cases like an 11-year-old who started with digital skins and a college student gambling 15 hours a day, to show how easy online betting has become for teens. The piece notes industry tactics, ad campaigns, and new platforms that normalize betting, and it highlights growing treatment needs and school or state-led prevention efforts as parents and educators struggle to address a problem that can lead to debt, neglect, and even thoughts of suicide.

via NBC News|

#addiction #gambling #health

technology7 months ago•18 min saved

Speedy BTC Casinos 2026: Top 5 Quick-Payout Crypto Casinos

The piece spotlights five leading crypto casinos—Bets.io, Lucky Rebel, Thunderpick, BitStarz, and BetWhale—focusing on their large game libraries, generous welcome bonuses, and fast crypto withdrawals. Bets.io offers 17,000+ games and a 225% bonus up to 1 BTC, while Lucky Rebel welcomes new players with 200% up to $2,500 plus 50 free spins. Thunderpick emphasizes rapid deposits and fast payouts, BitStarz supports 500+ cryptocurrencies with instant BTC withdrawals, and BetWhale combines a 250% welcome bonus up to $2,500 with a broad sportsbook. The article also covers practical tips on wagering requirements, registration, and using multiple cryptocurrencies for deposits and withdrawals.

via On Pattison|

#bitcoin #bonuses #crypto-casinos

entertainment9 months ago•2 min saved

Drake Sued in U.S. Over Alleged Online Gambling and Stream Inflation Schemes

Drake is facing a proposed U.S. class-action lawsuit alleging he used proceeds from an online gambling site to artificially inflate his music streaming counts, with claims that he promoted Stake.us and collaborated with influencers to manipulate streaming platforms, seeking at least $5 million in damages.

via CBC|

#drake #entertainment #lawsuit

law9 months ago•3 min saved

Lawsuit Accuses Drake and Adin Ross of Promoting Illegal Online Casino Activities

A class-action lawsuit in Virginia accuses Drake, Adin Ross, and an Australian man of promoting online gambling on Stake.us, using proceeds to artificially inflate music streams and manipulate digital content, allegedly violating racketeering laws and consumer protection statutes.

via Rolling Stone|

#adin-ross #drake #law

business10 months ago•2 min saved

Fanatics Debuts Prediction Market Across 24 States

Fanatics is launching its own prediction market platform, Fanatics Markets, in 24 US states, allowing users to trade on events across sports, finance, and culture, with plans to expand into crypto, stocks, and music, amid a growing trend of prediction markets following the legalization of online sports betting.

via CNBC|

#business #fanatics #online-gambling

business1 year ago•4 min saved

Prediction Rivals Challenge Sports-Betting Stocks

Prediction markets are rapidly gaining popularity and posing a significant threat to traditional online gambling companies like DraftKings and FanDuel, driven by surging wagers on platforms like Robinhood and Kalshi, especially with the upcoming 2024 elections and new features like customizable parlays. This shift is causing stock declines and strategic reevaluations in the industry, highlighting a potential industry shakeup.

via Bloomberg.com|

#business #draftkings #kalshi

business1 year ago•3 min saved

NBA Finals: Bet365 Bonus, Game 2 Details, and Team Strategies

Bet365 is offering a promotional bonus code LWBONUS for new customers to claim up to $150 in bonus bets or a $1,000 safety net on their first bet, with specific steps to register, deposit, and wager, applicable in certain US states, emphasizing responsible gambling.

via Last Word On Sports|

#bet365 #bonus-code #business

business1 year ago•5 min saved

Lucky Creek: Top Instant Withdrawal Online Casino

Lucky Creek Casino has established itself as one of the fastest payout online casinos in the USA by partnering with leading fintech companies to offer near-instant withdrawals, including cryptocurrency options, supported by a streamlined payment process and user-friendly interface, along with generous bonuses and a diverse game library.

via ACCESS Newswire|

#business #cryptocurrency #fast-payouts

business-sports2 years ago•2 min saved

"NCAA President and DraftKings Stock React to Push for Banning College Prop Bets"

DraftKings and Flutter Entertainment stocks plummeted as the NCAA announced plans to ban prop bets in college sports, citing concerns about the integrity of the game and student athletes' protection. This comes amid a series of scandals and federal scrutiny in the sports betting and online gambling industry, including investigations into betting irregularities involving NBA player Jontay Porter and a federal probe into online gambling VIP programs. Additionally, federal lawmakers are targeting online betting's targeting of big spenders and VIPs, with Sen. Richard Blumenthal urging companies to stop using player data to target customers with gambling problems, and Rep. Paul Tonko working on legislation for federal oversight of online sports betting in legalized states.

via Investor's Business Daily|

#business-sports #draftkings #flutter-entertainment

sportsgambling2 years ago•5 min saved

"North Carolina's Legal Sports Betting: Bonuses, Promos, and Success Stories"

Online sports betting is now legal in North Carolina, just in time for the 2024 Men’s ACC Basketball Tournament, with top sportsbooks offering bonus offers of up to $2,950 for new users. DraftKings, Caesars Sportsbook, Bet365, FanDuel, and BetMGM are among the best North Carolina sports betting apps providing various bonus offers, ranging from $150 to $1,300, with different wagering requirements and bonus structures.

via Rocky Top Insider|

#acc-tournament #bonus-offers #north-carolina

sportsgambling2 years ago•3 min saved

"North Carolina's Booming Sports Betting Scene: Promos, Revenue, and Legal Launches"

North Carolina has launched online sports betting, and various sports betting apps are offering enticing promotions for new users, with potential bonuses totaling up to $2,700. FanDuel, BetMGM, Bet365, and DraftKings are among the top sportsbook promos in North Carolina, each offering different bonus structures and codes for new users to claim. These promotions include bonus bets ranging from $150 to $1,300, providing an opportunity for new bettors to maximize their initial deposits and wagers.

via Rocky Top Insider|

#bonuses #north-carolina #online-gambling

sportsgambling2 years ago•2 min saved

"Maximize Your Winnings: Best North Carolina Sportsbook Bonus Codes Revealed"

BetMGM has launched online sports betting in North Carolina, offering a $150 bonus in the form of six $25 bonus bets for new users who sign up with the bonus code ROCKYBET and make an initial deposit of at least $10. The state joins the online sports betting landscape with BetMGM and other sportsbooks like FanDuel, Caesars, and DraftKings offering sign-up bonuses and ongoing promotions. Users can also take advantage of odds boosts, referral bonuses, and MGM Rewards points.

via Rocky Top Insider|

#betmgm #bonus-code #north-carolina