Tag: black market betting

State regulators tell illegal gambling operator to back off or face legal action

Bovada is one of – if not the – leading black-market sports betting operators taking wagers in the US. Already banned in five states, regulators in Michigan and Connecticut are now taking aim at keeping the platform out of their markets.

Since the US Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in 2018, a key goal for legal US stakeholders is stamping out the black market.

The federal government in 2011 had success in taking down the original Poker Stars, which was operating illegally in the US. The same year, the DoJ settled with Laura Varela and Costa Rican sportsbook 5Dimes, which also operated in the US.

But since then, there has been seemingly little activity in relation to keeping illegal gambling operators out of the American market. In May the Michigan Gaming Control Board (MGCB) became the first US regulator to send a cease-and-desist letter to an offshore operator.

“Bovada, you are out!”

On 29 May, the MGCB gave Curaçao-based Bo..

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Belgium report warns of impact of over-regulation on channelisation

A report from Belgium-based operator Gaming1 has highlighted concerns over the effect of over-regulation on channelisation.

On 1 July 2023, Belgium introduced a near total ban on gambling advertising. This was after a consortium of sports teams and gaming operators were defeated in a last-ditch legal bid challenging the royal decree.

The ban faced backlash, with Belgium gambling trade body Bago highlighting the government’s decision to act against the advice of the country’s Gambling Commission when imposing the ban.

Gaming1’s report has now outlined the impact of the royal decree on channelisation towards legal operators in Belgium.

Gaming1 pointed to surveys conducted by Nepa in 2023. The studies found a 6% rise in online players using an illegal website in the past three months following the royal decree, as well as a 4% increase on deposits made on illegal gaming websites.

In its report, Gaming1 highlighted the results of two major studies. The first from the Belgian Gaming Co..

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Baseball star Ohtani’s lawyers: Interpreter stole for illegal sports betting

The Los Angeles Times claims lawyers for baseball superstar Shohei Ohtani are accusing the ballplayer's interpreter of stealing money and placing “bets with an allegedly illegal bookmaker who is the target of a federal investigation”.

The Los Angeles Times broke the story today (20 March) claiming baseball superstar Ohtani’s lawyers are accusing the ballplayer’s interpreter Ippei Mizuhara of “massive theft” for illegal sports betting.

According to the Times’ report, learning of the theft was incidental after Ohtani’s name turned up during an investigation into Michael Bowyer.

“Millions” of dollars involved in illegal sports betting investigation

Two sources told the newspaper that “millions of dollars” were involved. Federal agents “raided” Bowyer’s Orange County, California. home last year as part of an illegal sports betting investigation, and the Times discovered Ohtani’s name came up in that investigation.

According to an ESPN report, $4.5m was wired out of Ohtani’s acco..

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