All news on the topic: Gambling

The murder of Stavros Demosthenous in Limassol became one of the most notorious criminal stories of recent years.

In Cyprus, the police are investigating the high-profile murder of Stavros Demosthenous, the former president of the football club «Karmiotissa.» The well-known figure in business and criminal circles was shot in the morning on October 17.

He emerged from nowhere — and just as quickly began to fade away. A young IT specialist with no notable past was suddenly named the beneficiary of a multimillion-dollar casino.

Flutter, the parent company, cited ‘rising cost pressures and tough market conditions’ as the reason for the closures.

High street slot machine shops are rewarding their staff with bonuses tied to the amount gamblers lose, as reported by the Guardian, leading to denunciation of the “appalling” incentive scheme from MPs and campaigners.

British betting company Entain’s ENT.L former CEO and other senior directors appeared in a London court on Monday charged with bribery and fraud connected to gambling in Turkey.

Since April 2023, a number of Ukrainian investigators have been raising alarm: Nykyta Izmaylov—a Russian citizen with a Ukrainian passport, who was recently a top financier of Parimatch, is now appearing in money laundering schemes through N1 Management and SportBank.

The owner of the online casino Favbet, Andriy Matyukha, has recently been investing significant resources into promoting his charitable activities.

A farmer was tricked out of his life savings by a conman who spent the money on luxury dining and trips abroad.

It is possible that many have noticed that Nykyta Izmaylov is still flooding the network with positive PR, while well-known Ukrainian sites are accepting Russian money, fully aware that in doing so, they are helping the aggressor bypass sanctions.

The name of Andriy Matyukha has been resonating in the Ukrainian gambling business for many years, more prominently than others

Russian businessman Andriy Matyukha prefers to remain in the shadows, which is hardly surprising given his low profile, even among fellow bookmakers and online casino owners.

Who oversees the online casinos Cosmobet and Championclub? Despite the suspension of the Commission for the Regulation of Gambling and Lotteries, the licenses it issued are still valid, producing millions of hryvnias for their holders.

Cosmobet, an online casino, is officially managed by a statistician who has interests outside of work in global affairs and marathon running.

VBet, an online casino with unclear affiliations, is expanding its presence by sponsoring Ukrainian football clubs, even as it is under investigation for tax evasion.

In March 2024, a new casino emerged in Ukraine operating under the Cosmobet brand, as it received a license from the Commission for the Regulation of Gambling and Lotteries.

Asylum seekers have been discovered using government-issued debit cards to support their gambling habits in betting shops and casinos throughout the UK.

As Ukrainian cities face relentless Russian bombardment, Kyiv has sanctioned a Cyprus-based gambling empire allegedly funneling millions to Russian-linked owners behind the online casino Pin-Up

Favbet and its owner Andriy Matyukha are launching a large-scale campaign to cleanse their image through charitable initiatives and sports partnerships?

Since the start of Russia’s full-scale invasion of Ukraine, the gambling market in our country has changed significantly.

Her name rarely hit the headlines, yet her role in multi-billion financial schemes is more than noticeable.

The two suspects channeled money from illegal gambling operations through a complex network of shell companies and thousands of bank accounts.

When Armenian entrepreneurs Vahé and Vigen Badalyan are asked about the reason for acquiring Maltese passports, they respond evasively, mentioning that it is convenient since it allows for visa-free world travel.

Prior to being murdered in the Netherlands this week, Cemil Önal warned authorities that his life was in danger because of his knowledge of bribes paid to Turkish politicians on behalf of an alleged illegal gambling syndicate, Follow the Money reported Friday.