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He was sentenced after being convicted on charges of aggravated fraud as a minor. The 18-year-old was slapped with suspended sentence of one year and eight months. He was 16 at the time when he allegedly took advantage of an IT glitch to register as a customer with a fake date of birth. The casino's system was set up to give clients the option of cancelling the return of their funds, so that the refund was paid into an online wallet as well as the customer's bank account. Over the course of about a month he reportedly exploited the bug to transfer a total of more than 132,000 euros of the casino's funds to his personal bank account. Prosecutors claim the defendant had the casino transfer refunds to his bank account 417 times between April and May 2017. An employee of the casino discovered the scam in July 2017. In addition he must pay back the online casino the ill-gotten gains of 132,000 euros and pay the companys legal fees of 3,000 euros. The young man's father and mother were also charged with money laundering in the case.
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Esports Wagering a Growing Hit with Gamers Esports is rapidly becoming the place to go for people who want to catch the future wave of gambling. Nowhere is that more apparent than in the numbers currently being wagered. Five years ago, the esports market was not even a thought with regard to gaming. Now, with companies such as Unikrn which is an esports company with its roots in gaming, this market is taking in money by the billions. A recent research survey indicated that approximately $6.7 billion was bet in 2017 on esports, both legally and illegally. The question is, what is the potential for esports, and how will games be regulated to ensure game integrity.
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