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Industry
August 20, 2024
Genting Commits to High Integrity Standards After AML Claims
Resorts World Las Vegas (RWLV) owner, Genting Berhad, has issued a statement responding to the latest anti-money laundering (AML) violation claims brought forward by the Nevada Gaming Control Board (NGCB) on August 15. List of Violations NGCB’s list of violations questioned the way the company tackles the industry’s compliance requirements. Allegations against RWLV included “failure […]
Industry
August 20, 2024
Royal Match Game Causes Addiction, Says Class Action Suit
Janna Schudde has filed a class suit against Dream Games Teknoloji Anonim Şirket, a game developer from Turkey particularly known for its popular Royal Match mobile game. The plaintiff who lives in Washington filed the suit in the US District Court for the Western District of Washington on August 8, claiming the game violates gambling […]
Industry
August 20, 2024
AGA Blasts Sweepstakes Businesses in New Industry Memo
The American Gaming Association (AGA), a trade group that has ratcheted up the talk against illegal gambling in the United States and has gone after the likes of Bovada and BetOnline, has now issued a new memo in which it lambasts the sweepstakes sector and questions its legitimacy. Sweepstakes Businesses Come Under Increased Scrutiny The […]
Industry
August 19, 2024
Proposed 2% Gambling Levy on Revenue Could Stop Ads in Australia
Earlier this month, we reported the Australian government was pushing its plans to introduce a cap on gambling advertising during general television programming despite heavy pressure for a complete ban. The heated ad debate in the land Down Under has not come to a halt just yet, in light of a new 2% gambling levy […]
Industry
August 19, 2024
Man Tied to Gold Bar Scam Suffered from Gambling Addiction
A man, suspected of being involved in a massive scam that operated across multiple states is facing legal trouble in Maryland. The criminal case involves a 52-year-old man from Owings Mills identified with the initials, V.T. Per prosecutors, he is among a group of couriers that participated in the multi-state scheme that defrauded seniors out […]
Industry
August 19, 2024
Stake Continues Expansion in Peru with New Country Manager
Looking to consolidate its local footprint, and shortly after debuting in Colombia, Stake is now moving in the Peruvian market. The company has added ex-Inkabet head Jennyfer Escobar to help steer operations, as the company has secured a license locally as well. Peru Is the Next Grwoth Target for Stake.com Escobar is a well-seasoned industry […]
Industry
August 19, 2024
Philippine Senator Fights the Return of Virtual Cockfighting
Several years ago, the Philippines legalized online sabong operations. After the start of virtual cockfighting in 2020, the activity was expected to bring tax revenue. Yet, the government’s Bureau of Internal Revenue (BIR), as well as the Philippine Amusement and Gaming Corp. (PAGCOR), failed to collect all tax revenue due from e-sabong operations, despite many […]
Industry
August 19, 2024
Dolton’s Mayor Henyard Faces Backlash over Alleged Misuse of Taxpayer Money
The mayor of a small town in Illinois is in hot water amid allegations of lavish spending of taxpayer money. The peculiar case involves Tiffany Henyard, the Mayor of Dolton, who fell under scrutiny after reportedly failing to provide financial reports. The accusations against the Mayor resulted in the halt of payments from the Illinois […]
Industry
August 19, 2024
NBA Awards Voters Prohibited from Placing Bets on the Event
Integrity has been a byword for NBA Commissioner Adam Silver’s stint at the helm of the organization. Having presided over the association’s expansion into the sports betting space, Silver has also vowed to decouple the organization from attendant corruption surrounding the betting vertical. League Rules Now Strictly Prohibited Betting on NBA Awards To ensure that […]
Industry
August 16, 2024
MGM, Grupo Globo Form Joint Venture to Enter Brazil’s Betting Market
The leading gaming, betting and hospitality company, MGM Resorts International, announced a major move toward the gambling sector in Brazil. On Thursday, the company announced a new collaboration with Latin America’s largest media group, Grupo Globo, for the formation of a new venture that will seek an iGaming and sports betting license in Brazil. The […]
