Former K-Pop Star Sentenced to Prison Over Prostitution and Gambling Charges

A South Korean military court in Yongin, near Seoul, has sentenced disgraced K-pop star Seungri on Thursday to three years in prison for crimes, including organizing prostitution and habitual gambling. The military court found 30-year-old Seungri, whose real name is …

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DraftKings Stock Drops Over 5 Percent after Announcing Billion Dollar Convertible Debt Offering

Popular sports betting app DraftKings saw its shares take a dive of more than 5% on Monday following news that it would offer $1 billion in convertible debt offerings. The private offering, which DraftKings announced early Monday morning, would be …

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Authorities Allege Widespread Money Laundering at Australia’s Largest Casino Operator

An inquiry into Australia’s largest casino operator has concluded that it was not fit to hold a gaming license in Sydney. Commissioner Patricia Bergin who led the probe said that the Sydney casino of Crown Resorts can only be licensed …

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