Gambling

Malik Beasley Faces Dual Challenges: Gambling Investigation and $1 Million Lawsuit from Former Agency

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NEW YORK — Malik Beasley, a prominent NBA free agent and currently the subject of a federal investigation concerning gambling allegations, is also facing legal challenges from his former marketing agency. Hazan Sports Management Group has filed a lawsuit in U.S. District Court, claiming that Beasley breached a marketing contract. The lawsuit was initiated on April 18, just one day before Beasley and the Detroit Pistons began their playoff series against the New York Knicks. Hazan Sports negotiated a one-year, $6 million contract for Beasley with the Pistons last summer. In April, Beasley terminated his … Read more

Countdown to Change: Ireland’s Gambling Regulation Set to Launch Mid-2026, Impact Fund Delayed

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DUBLIN, Ireland — The launch of a newly regulated gambling industry in Ireland is set for mid-2026, marking a significant shift in how the sector will operate. This timeline follows the establishment of the Gambling Regulation Authority of Ireland (GRAI), which is tasked with overseeing the industry but currently lacks a definitive activation schedule. The delay means that the Social Impact Fund, aimed at assisting those affected by problem gambling, will not be put into action until at least 2026. This fund is intended to be financed by registration fees, as well as fines and … Read more

California Attorney Sentenced to 21 Months for Embezzling $8.7 Million to Fuel Vegas Gambling Habit

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Sara Jacqueline King, a 41-year-old attorney from Newport Beach, California, was sentenced to 21 months in federal prison for embezzling approximately $8.7 million from her clients. The sentencing took place on May 5 after she pleaded guilty to charges of wire fraud and money laundering. In addition to her prison term, King has been ordered to pay restitution totaling nearly $8.8 million. Between January 2022 and January 2023, King operated under her business, King Family Lending LLC, which purportedly provided short-term loans secured by the assets of high-profile borrowers, including celebrities and professional athletes. However, … Read more

Plaintiffs Urge Court to Uphold $25M Award in Gambling App Class Action

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Washington, D.C. — In a recent legal development, a lead plaintiff in a class action lawsuit has requested a federal judge in Washington to proceed with an unjust enrichment claim against a subsidiary of High 5 Games. The plaintiff alleges that the subsidiary engaged in a strategic asset transfer in 2022, purportedly to evade a $25 million payout mandated by a jury decision on February 7. The jury found that the company had specifically targeted gambling addicts through its social casino-style mobile applications. The case underscores a growing tension between the creators of gaming applications … Read more