Former Universal Entertainment Corp. Chairman Kazuo Okada was arrested by the Hong Kong Independent Commission against Corruption in connection with corruption-related offenses.

The Japanese tycoon is currently facing a HK$136.05m (US$17.4m) suit filed before the High Court of Hong Kong Special Administrative Region last December. The suit claims that between February and March 2015, Okada used Hong Kong-based subsidiary Tiger Resort Asia Ltd. to provide a HK$135m (US$17.26m) to Goldluck Tech Ltd. without requesting any collateral and without imposing any interest. Universal also claimed that Okada was involved in two other fraudulent dealings.

In this interview with CalvinAyre.com’s Becky Liggero, the Jackpotjoy co–founder explained how big data is shaping the gambling industry’s technology.

More than 49 million eCommerce retailers can now accept Bitcoin Cash, the world’s only functional cryptocurrency, thanks to a plug-in introduced in the popular Coinbase eCommerce platform.

While it incurred a substantial gain in its profits for the second quarter of 2018 at US$129.6m, the casino operator’s revenue declined by 6% during the same period.

The British gambling company has inked sponsorship agreements with 10 clubs at the La Liga after its team in the UK was bumped out of the English Premiere League.

The London-based company has partnered with Boyd Gaming Corp to offer online casino and sports betting markets in all states where the latter has a gaming license, excluding Nevada.

Colorado Attorney General Cynthia Coffman said that advancing sports betting operations would be easy as the state Constitution does not restrict or prohibit the said act.

The CEO of the Nevada-based company, who will be relegated as an advisor after stepping down, clarified that his decision was “not a result of any disagreement with the company or its management.”

Since the start of the World Series of Poker tournament in 1970, only two players have won the Main Event three times: Stu Unger and Johnny Moss.

The webinar will focus on tackling issues surrounding virtual sports like its difference to sports betting, its advantages and disadvantages, and what makes it profitable for gambling operators.