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Legal News and Headlines
Legal
February 16, 2022
Norway Regulator Warns Kindred Subsidiary of Daily Coercive Fine
The gambling regulator in Norway warned Kindred’s subsidiary of coercive fines daily unless illegal gaming offering isn’t discontinued. Trannel May Face Daily Coercive Fines in Norway, Warns Regulator The Norwegian Lotteries Authority, Lottstift, issued a warning against Kindred’s subsidiary Trannel International Limited on Tuesday. The regulator warned the subsidiary that it may face “coercive fines” […]
Legal
February 16, 2022
London Man Gets Jail After Embezzling Charity’s Funds to Gamble
After being found guilty of embezzling more than £200,000 ($271,200) from a charity he was meant to support, a man from London will now be shipped off to prison. According to My London News, Manjinder Virdi, 37, was working as a financial officer for the unnamed charity and siphoned off the funds into his personal […]
Legal
February 15, 2022
Historic Horse Racing Machines Violate the Law, Oregon DOJ
Oregon, just like other US states offers casino gambling and lottery. While this sounds well, casino gambling is restricted to tribal lands and the lottery is state-run. On the other hand, casino gambling if not on tribal lands is prohibited by Oregon state laws. A new proposal seeks to add more than 200 historic horse […]
Legal
February 15, 2022
High Court Tosses Ban on Gambling in Karnataka, India
The Karnataka High Court has struck down key amendments in the Karnataka Police Act 1963. These amendments were introduced last year to ban any form of gambling in the state, online or otherwise, to reduce the threat of Internet gaming and other apps. However, local government officials were wrong when they made their attempts, as […]
Legal
February 14, 2022
Genting Hong Kong’s Crystal Cruises Is Shutting Down Miami Office
Crystal Cruises, the Miami-based cruise line owned by Hong Kong-based parent conglomerate Genting, is currently shutting down its Florida office and terminating its staff after the Bahamas authorities seized two of its cruise ships. Genting Hong Kong Suspended Its Activity and Filed for Liquidation In January, Crystal Cruises announced it would suspend its activity until […]
Legal
February 14, 2022
Texas Lawmakers Try Again to Legalize Casinos, Sports Betting
Many Texas lawmakers want legalized casinos and sports betting. Many Texas residents want them, as well, according to a number of studies. However, the Lone Star State’s governor doesn’t believe any of their opinions matter and he, along with his lieutenant governor, have repeatedly said they would shoot down any legalization efforts. This isn’t stopping […]
Legal
February 10, 2022
Gambling in Brazil to Create Jobs, Boost Tourism, Says Lawmaker
Countries around the world that have legalized gambling benefit from tax proceeds. Legalizing gambling helps open new workplaces but it also attracts tourists and reduces the share of black market operators. According to a lawmaker that supports the gambling expansion in Brazil, the country may benefit significantly by taking a step forward and legalizing the […]
Legal
February 10, 2022
Former Wynn Resorts Executive Found Guilty of Bribing and Fraud
Former Wynn Resorts executive has been sentenced to a year in prison on Wednesday after being convicted of bribing college officials to get his daughter to study at a top university. Gamal Abdelaziz, 64, was part of the massive college admissions scandal labeled “Varsity Blues.” Abdelaziz Paid $300,000 to Bribe College Officials Per details, Abdelaziz […]
Legal
February 10, 2022
Kazuo Okada Ordered to Pay $50M Legal Fee Over Wynn Resorts Fight
Kazuo Okada received some good news last month when a court in the Philippines determined that he hadn’t committed fraud against a former business partner. That saved him over $3 million. However, his joy was short-lived. He’s now on the hook for $50 million to a law firm in the US. That payment is for […]
Legal
February 9, 2022
Dave Portnoy Claps Back at Insider Over Sexual Assault Accusations
Dave Portnoy, the founder of Barstool Sports, the giant in which Penn National Gaming is planning to increase its stocks, has filed a lawsuit against several Insider employees and Insider itself as he claims that his privacy was violated and he was defamed over articles in which women were accusing him of sexual assault and […]