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Man charged with online gambling fraud in New Jersey
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New Jersey officials have charged Sandy Masselli, a man hailing from Middlesex County, with online gambling fraud worth $1.3 million. He allegedly cheated 26 investors with promises that the cash was destined to be used to help establish online gambling businesses.
According to an official Tuesday press release from the New Jersey Division of Consumer Affairs, he, along with his wife and an associate called Joseph Picco, sold stocks of and entity known as Carlyle Gaming and Carlyle Limited.
However, instead of using the proceeds for growing the enterprises, the state contends that Masselli had funded a “lavish lifestyle” that involved the spending of some $145,000 via personal credit cards alongside over $25,000 on automobile leases and at least $68,000 for restaurant, clothing and hotel bills.
The action moreover alleges that Masselli utilised a further $93,000 to pay legal bills associated with an ongoing federal criminal court matter while furthermore handing over $17,000 to fund his son’s tuition at George Washington University.
New Jersey Attorney General Gurbir Grewal declared that Masselli had erroneously led the unsuspecting investors to believe that he was “a savvy businessman” that had “a long and successful track record in the online gambling industry.”
“Today’s allegations make clear that this was nothing more than a million-dollar fraud and that Masselli used investors’ hard-earned money to finance his own extravagant lifestyle. The complaint filed by the Bureau of Securities is simply the latest step in our effort to protect New Jersey’s investors and crack down on financial fraudsters.”
Paul Rodriguez, Acting Director for the New Jersey Division of Consumer Affairs, detailed that the action is seeking “restitution for the defrauded investors” as well as “penalties against Masselli and other defendants.”
Rodriguez’ statement read: “This wasn’t a case where defendants diverted a small portion of investor funds for their own use. We allege that nearly every dime the defendants took in from investors was funneled into their own accounts and they helped themselves to the money as if it belonged to them. They, like other similarly situated defendants, will now pay the price for living the high life on the backs of defrauded investors.”
Source: worldcasinodirectory.com
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Casino Kings Unleashes Knockout Sports Betting Offer for Eubank Jr vs Benn Showdown
The boxing world is bracing for one of the most highly anticipated matchups in recent memory as Chris Eubank Jr takes on Conor Benn at Tottenham Hotspur Stadium on Saturday, April 26th. And while punches are being thrown in the ring, Casino Kings is delivering a knockout of its own for punters and sports betting fans.
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Chris Eubank Jr vs Conor Benn: A Rivalry Reignited
This fight is steeped in history. More than 30 years ago, Chris Eubank Sr and Nigel Benn went to war in two iconic clashes that defined British boxing in the 90s. Now, the sons are stepping up to write the next chapter.
Chris Eubank Jr, at 35, carries the poise and pedigree of a fighter who’s done it all, with a record of 34 wins (25 by knockout) and 3 losses. On the other side, Conor Benn, 28, arrives with an unbeaten record of 23 wins, including 14 knockouts, and a hunger to prove he belongs at the very top.
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For those looking to catch every moment, the main event ringwalks are expected later in the evening, with the boxing schedule kicking off at 7pm GMT. Broadcast will be available via Sky Sports Box Office, giving fans the chance to follow every jab, hook and uppercut live.
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Key Fight Details:
• Event: Chris Eubank Jr vs Conor Benn
• Date: Saturday, April 26, 2025
• Venue: Tottenham Hotspur Stadium, London
• Start Time: 19:00 BST
• Ringwalks: 22:00 BST
• Streaming: Sky Sports Box Office
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The post Casino Kings Unleashes Knockout Sports Betting Offer for Eubank Jr vs Benn Showdown appeared first on European Gaming Industry News.
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ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All
GR8 Tech launches ULTIM8 Sportsbook iFrame—an easy-to-launch solution designed specifically for the needs of experienced businesses: casino brands aiming to dominate sports betting without hiring an army of sportsbook specialists, or operators fed up with tech bottlenecks stunting their growth.
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With all these advanced features, GR8 Tech’s ULTIM8 Sportsbook iFrame still maintains one of the key decisive factors of all iFrame solutions—quick launch time. As long as operators provide everything necessary for the launch from their end in time, the business can go live within just one week.
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The post ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All appeared first on European Gaming Industry News.
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USDT Casino Launches Industry-First ‘Sunday Brunch Free Spins’ with Zero Wagering Requirements
USDT Casino has unveiled a groundbreaking promotion that is set to transform weekend gaming for cryptocurrency enthusiasts. The innovative ‘Sunday Brunch Free Spins’ offer provides players with 20 free spins on Evoplay’s popular Food Feast slot, featuring zero wagering requirements and no maximum win limits.
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The post USDT Casino Launches Industry-First ‘Sunday Brunch Free Spins’ with Zero Wagering Requirements appeared first on European Gaming Industry News.
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