Newsazenplay.comSouth Korean police arrested 54 people in an investigation into alleged laundering of KRW 28.7 billion through four casinos. Investigators said proceeds from investment fraud were moved through casino chips, checks, and baccarat wagers.
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North Carolina fined Underdog $175,000 after identifying 38 accounts that had placed wagers before age-verification controls detected the issue. The operator self-reported the failure, and eight of the accounts placed wagers before being identified.
Crypto casino and sportsbook Gamdom suffered a hot-wallet breach on October 13, with the operator reporting losses of more than $3 million. The incident involved unauthorized access to an automation server, forced the platform offline, and prompted the transfer of remaining assets to cold storage.
Crypto casino and sportsbook Gamdom suffered unauthorized access to an automation server, followed by transfers from hot wallets across multiple blockchains. The operator took systems offline, moved remaining assets to cold storage, and said customer funds were safe, while an independent estimate…