Tag: Corruption
Sheldon Adelson Facing Organized Crime Accusations
A judge in Las Vegas has ruled that a lawsuit involving accusations of graft and organised crime ties to casinos owned by the multibillionaire and Republican party funder, Sheldon Adelson, will be heard in the US. The decision raises the prospect of Adelson facing difficult questions about his business practices following allegations by a former chief executive of his highly profitable casinos in the Chinese enclave of Macau that a well-known triad crime figure was used to bring in high-rolling gamblers and of influence peddling with Chinese officials. The case potentially has implications for Adelson’s Las Vegas Sands casinos because…
Uefa and Europol join forces in anti-corruption effort
iGaming Business – European football’s governing body Uefa has signed a Memorandum of Understanding (MoU) with Europol, the European Union’s joint police body, in an attempt to bolster its campaign to stamp out match-fixing in the sport. Under the MoU, both organisations will provide expertise and constant consultation in the areas of match-fixing and related organised crime, as well as the exchange of information and know-how related to these issues. Uefa and Europol will work together on joint activities and in implementing relevant projects, in addition to exchanging information on suspected match-fixing cases and the methods used by both individuals…
Corruption in sport – new report into illegal betting and match fixing
ACC – In this eBulletin, we provide an overview of the findings arising from the Sorbonne-ICSS Integrity Report into the prevalence of match-fixing and illegal betting in international sport. The report details how a lack of regulatory oversight and the explosion of online betting have gone hand-in-hand with the growth of the illegal betting market, and has allowed criminals to launder approximately $US140 billion annually through sports bets. The report also highlights the problem of match-fixing at all levels and across a variety of disciplines of sport, with a particular emphasis on football and cricket, two sports that the report…