Star Entertainment Group CEO Matt Bekier Resigns

Star Entertainment Group Chief Executive Officer (CEO) Matt Bekier has resigned on March 28, following allegations of misconduct aired against the casino operator during public hearings. Bekier will step down from the board immediately, but his final departure date is …

Read more

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 …

Read more

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 …

Read more

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 …

Read more