Two Minnesota men investigated for TikTok gambling scheme

[The Buzz]

Investigators in Minnesota are looking into allegations two men have been running a TikTok gambling scheme in the state’s casinos.

Court filings this week indicate the state Alcohol and Gambling Enforcement Division is investigating allegations that the two briothers have been collecting fees for playing slots on behalf of others watching TikTok, the Minneapolis Star Tribune reported.

From the article:

The search warrant affidavit targets a 39-year-old man from Edina who the agency says is collecting through cash apps an initial $5.99 subscription fee and then $25 that he keeps for every $100 deposited for wagering, which he streams live on the video sharing app TikTok. The affidavit said the man's younger brother is sometimes involved. Neither man has been charged with a crime yet, and the Star Tribune generally does not name suspects before they are charged.

The affidavit filed Tuesday asked permission from the Hennepin County District Court for access to, among other things, the man's monetary transaction information dating to October and other financial records, cash app login history and customer service notes.
The filing and archived videos on the man's main TikTok account, which shows 165,000 followers from around the world, indicate that the betting operation has been going on in at least one of the casinos for the past three months. One session wrapped up just before dawn Thursday.

The affidavit doesn't specify how much money is being won or lost during any one livestream session. Video highlights archived on the man's TikTok page show wads of cash being displayed and slot machines rolling up occasional big jackpots, including one last month that topped $15,000.

Read more here: https://www.startribune.com/casinos-.../?refresh=true

[NoDepositCasinos]

Investigators in Minnesota are looking into allegations two men have been running a TikTok gambling scheme in the state’s casinos.

Court filings this week indicate the state Alcohol and Gambling Enforcement Division is investigating allegations that the two briothers have been collecting fees for playing slots on behalf of others watching TikTok, the Minneapolis Star Tribune reported.

From the article:

Read more here: https://www.startribune.com/casinos-.../?refresh=true

TikTok is one of the social networks with the most potential for this niche, but it lends itself well to it due to its lax regulations.

The questions that come to my mind (I am not a lawyer) are: will this case set a precedent and favor the appearance of more restrictive policies? Could we see sanctions imposed not only on TikTok account holders but also on those who participate if they are from regulated gambling countries?

[PROFRBcom]

Using Cash App for gambling transactions is strictly forbidden by their Terms of Service. I'm not surprised these guys got into trouble, they were pissing off their payment processor!

Same goes for all these "agents" at poker sites who blatantly use Cash App, Coinbase, PayPal, Venmo, and other sites which disallow gambling transactions. These "agents" are begging to be shut down, sanctioned, kicked out, and risking their customers money and accounts as well.

It pisses me off.

Furthermore, I see tons of clueless people online in gambling forums, social media, etc who get their Cash App (and other 3rd party processor) user accounts shut down for engaging in gambling.

I'm going to write more about the other sites and this topic, i.e. not allowing gambling transactions and how it affects players who inadvertently (or maliciously) break these rules. For now, the first warning is about how Cash App should NOT be used for online gambling.

Lastly, I see so many affiliates try to rank for terms like "Cash App Gambling" or "Paypal Gambling" and subsequently ENCOURAGE their readers to break the Terms of Service and risk their accounts and deposited funds. It is irresponsible and not a good way to do business.

One of our biggest competitors does this. It is purposeful. They constantly buy links to rank these misleading articles that endorse breaking Terms and Conditions and heap undue risk on their readers and customers, just to make a few lousy dollars in commissions. Called them out in the linked article above! (if anyone wants to help spread this knowledge, please message me, I can help provide examples for use in your content, other information, and will happily collaborate with you in spreading this word so that less clueless customers get screwed over by Cash App, Coinbase, etc)

[Kind1011]

Using Cash App for gambling transactions is strictly forbidden by their Terms of Service. I'm not surprised these guys got into trouble, they were pissing off their payment processor!

Same goes for all these "agents" at poker sites who blatantly use Cash App, Coinbase, PayPal, Venmo, and other sites which disallow gambling transactions. These "agents" are begging to be shut down, sanctioned, kicked out, and risking their customers money and accounts as well.

Yep, it's always important to read the rules of a website or app first. I have no sympathy for the perpetrators but I'm sad for people who lost money that way and trusted them.