Industry News and Headlines
Industry
August 20, 2024
Former New Hampshire Senator Escalates Legal Battle
Former New Hampshire Senator Andy Sanborn’s legal fights have taken another dramatic twist as he steps up his battle with the state’s Attorney General, John Formella. Sanborn, who faces accusations of COVID relief fraud and is under orders to sell his Concord Casino, raised the stakes when he filed a new civil lawsuit against New […]
Industry
August 20, 2024
Brazil Wants Harsher Punishments for Match Manipulators
Brazil’s Supporter Statue (Law 10,671/03) currently punishes those found guilty of match-fixing with prison between two and six years and a fine. The Chamber of Deputies‘s Constitution and Justice Committee (CCJ) has now recently passed bill 515/2023 aimed to alter the Supporter Statute by boosting penalties for sports professionals involved in match-fixing. The project proposed […]
Industry
August 20, 2024
Gambling Harm May Increase under New Law, Warns Finnish Health Institute
Similar to other countries in Europe, Finland is planning changes to its regulated gambling sector. A proposal in the country seeks to set up a gambling licensing system that will pave the way for the expansion of the gambling options available to Finnish customers and the transition from a monopoly model to a competitive market. […]
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 […]