Italian Prosecutors Probe Alleged Slot Machine Scheme Involving Regulator Leak

Italian Prosecutors Probe Alleged Slot Machine Scheme Involving Regulator Leak

Key Moments: Italian authorities placed precautionary measures on 15 suspects across Cosenza. Investigators seized 145 modified slot machines and roughly €80,000 in cash. An ADM official allegedly leaked inspection dates to help operators hide illegal hardware. Widespread Investigation Targets Alleged Manipulation and Insider Leaks Italian prosecutors are investigating a network that allegedly ran a major slot machine fraud scheme. The group tampered with gaming machines, hid betting income, and bribed an official at the Customs and Monopolies Agency (ADM). Consequently, Cosenza prosecutors and Carabinieri police officers placed 15 individuals under…

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New York Sports Betting Surges Despite Headwinds from Prediction Markets

New York Sports Betting Surges Despite Headwinds from Prediction Markets

Key Moments: New York sports betting handle in September exceeded $2.4 billion, up 5% from September 2025 First six months of the 2026/2027 fiscal year saw nearly $12.6 billion bet, a 6.9% increase over the prior year Sportsbook revenue in New York declined 5.8% to $1.1 billion over the past six months despite higher betting volume New York Betting Handle Maintains Momentum Despite ongoing debates within the regulated gambling industry about the competitive impact of prediction markets, sports betting activity in New York has continued to increase. According to the…

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