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Mike Johnson's latest articles
Mike Johnson
Lead EditorMike made his mark on the industry at a young age, consulting for companies that would later become regulators. As one of the lead editor of Gambling News, he dedicates his weekdays to this project, aiming to educate the masses on the latest developments in the gambling circuit. His expertise and passion for the industry make him an invaluable asset to our team.
Blockchain
September 16, 2020
SEC and Unikrn Reach Settlement, Disable Trade of Tokens
The United States Securities and Exchange Commission (SEC) and Unikrn Inc, an esports betting company, settled a pending case over an unregistered Initial Coin Offering (ICO) carried out by Unikrn, SEC announced on Tuesday. According to SEC, the company has agreed to pay a $6.1 million penalty to the U.S. government, choosing to settle the […]
Blockchain
September 15, 2020
IRS Wants to Trace Anonymous Crypto Tokens Such as Monero
The Internal Revenue Service (IRS) is looking to trace Monero transactions and is currently conducting a call for proposals with $1 million allocated for fiscal year 2020. Giving Regulators the Tools to Trace Monero and Bitcoin While hackers demand hefty ransoms to unlock victims’ computers, Bitcoin has been crucial in finding anonymous cybercriminals who are […]
Casino
September 15, 2020
Park MGM Reopens Smoke-Free on September 30
Park MGM and NoMad Hotel will reopen for visitors on September 30. MGM Resorts announced on Monday that both properties will be completely smoke-free once they reopen doors. Closed Back in March, MGM Park Reopens at the End of September The last MGM property which is still closed – Park MGM will reopen on September […]
Casino
September 14, 2020
Sands China Entered into Credit Facility Waiver Extension
Sands China informed its investors last week that a facility agreement between the company and its main creditor, Bank of China Limited has been amended. The $2 billion revolving unsecured credit facility available to the operator until July 21, 2023, had two financial covenants, a consolidated leverage ratio and a consolidated interest coverage ratio, renegotiated. […]
Legal
September 14, 2020
Ireland Delays New Gambling Regulatory Legislation for 2021
Irish Minister of Justice Helen McEntee has said that the launch of the country’s overhauled gambling regulatory framework will have to take a back seat until at least 2021. The mulled legislation is focusing on the entire specter of gambling products. Ireland’s Gaming and Lotteries Bill 2019 was signed into law in December 2019 and […]
Legal
September 13, 2020
Sports Betting Operators Concerned with Draft Regulation
Sports betting rules in Virginia released for public comments by the state lottery were subdued to criticism by some of the operators. Big wagering names such as Flutter-owned FanDuel and Boston-based DraftKings openly expressed their discontent at some of the consumer protection measures put forward for discussion. The draft regulation was published by the Virginia […]
Legal
September 12, 2020
High Rank Prosecutor and Head of National Police Branch Arrested in Ukraine
Ukranian Security Services (SBU) arrested officials in the Smila region of the country for alleged corruption related to illegal gambling. A local prosecutor and a high rank policeman were detained after being discovered to have accepted bribes. Head of Police and High Rank Local Prosecutor The head of one of the branches of the National […]
Sports
September 12, 2020
UK Betting and Gaming Council Praises Whistle Ban Success
The UK Betting and Gaming Council, an organization dedicated to upholding integrity in the iGaming and betting industry and protecting consumers, released a statement on Friday, September 11, praising the success of the whistle-to-whistle ad ban, which has helped limit underage individuals’ exposure to gambling advertisement. The whistle-to-whistle ban was introduced on August 1, 2019 […]
Business
September 11, 2020
Red Rake Gaming Teams up with Moosh.pt
Under a new partnership between Red Rake Gaming and Moosh.pt, top-performing game titles will be available for Moosh.pt players. The online casino developer Red Rake Gaming continues to expand on the Portuguese market. Red Rake Gaming Continues to Grow on the Portuguese Market Tuesday, September 8, the online casino developer Red Rake Gaming teamed up […]
Casino
September 10, 2020
Developers Propose Pompano Casino to Include Industrial Space
Caesars Entertainment and Cordish Companies currently remodeling the Isle Casino Racing property in Pompano Beach, Florida shared a plan to establish 1.5 million square feet of industrial space. The Proposed Change Reduces the Size of the Space Initially Planned for Offices There are two companies currently remodeling the Isle Casino Racing property in Pompano Beach, […]