Legal
May 9, 2023
Gambling and Alcohol Patents Dominate Australia’s IP Filings
Judging solely by the number of submitted patents, gaming, and alcohol companies were the most significant innovators in the country, dominating other private businesses and research institutions. IP Australia noted that the results likely reflected companies protecting their intellectual properties and reflected the importance of these industries in the domestic market. Domestic Listings Feature Gaming […]
Legal
May 8, 2023
Well Fargo Allegedly Knew of Matthew Beasley’s Ponzi Scheme
Last year, Matthew Beasley, a Las Vegas lawyer and sports bettor, came under fire for alleged participation in a $460-500 million Ponzi scheme. Beasley, who refused to cooperate with the police at first, is believed to have been a part of a group that took money from more than 600 investors to live in luxury. […]
Legal
May 8, 2023
Colorado House Passes Controversial Gambling Credits Bill
Colorado has introduced a controversial bill to allow casinos to loan money to their players. While some members of the legislature welcomed the proposal, many believe that it will exacerbate harm by allowing players to wager beyond what they can afford. The measure in question, nicknamed SB23-259, seeks to allow casinos to offer credits to […]
Legal
May 8, 2023
Rivers Casino Receives Its First Fine Just Months after Opening
Rivers Casino did not elaborate on the violations, pledging to improve its practices and ensure regulatory compliance. The establishment is one of the newest in the state, opening in January with grand fanfare. Such a swift regulatory response should give Rivers Casino a valuable lesson, highlighting the importance of maintaining robust client protection practices. The […]
Legal
May 4, 2023
UK MP Successfully Lobbies for Gambling Reform on Casino’s Behalf
It has been revealed that Conservative MP Philip Davies has successfully lobbied a government minister on behalf of a casino, resulting in a measure being included in last week’s gambling white paper. UK MP Philip Davies Advocates for Credit Lines in Casinos After Mayfair Casino Visit MP Philip Davies wrote to culture secretary Lucy Frazer […]
Legal
May 3, 2023
Proposal in Victoria Calls to Increase Sports Betting Tax
A few years ago, in 2019, Victoria, the second smallest yet second-most-populated Australian state after New South Wales (NSW), implemented the point of consumption tax (POCT). At the time, the tax was only 8%, but it has undergone an increase to 10% back in 2021. Now, the local government seeks to further increase the aforementioned […]
Legal
May 2, 2023
Mexican Military Captured Cartel Boss La Cabra
Mexico’s National Defense forces have had a major breakthrough, successfully capturing a cartel boss responsible for distributing drugs and illegal gambling products. Various law-keeping bodies participated in the operation. The arrestee is none other than Hugo Armando Salinas Cortinas, also known as La Cabra. The cartel boss was finally captured in Tamaulipas, Mexico, where the […]
Legal
May 1, 2023
Peru Amends iGaming Laws, Prevents Anonymity
Peru, which recently introduced a law that regulates iGaming and online sports wagering, has announced that players will be unable to maintain their anonymity when playing online. The measure seeks to prevent financial fraud and possible tax evasion. Gamblers Will be Unable to Remain Anonymous Peru legalized online gambling in August when Law 31,557 was […]
Legal
April 28, 2023
UK Court Dismisses Millionaire’s Claim that a Sportsbook Ignored His Addiction
The Central London County Court has dismissed the case of a millionaire who claimed that a sportsbook exacerbated his problem gambling and caused him to lose a lot of money. The millionaire’s request to have his money back was turned down. The man in question is Scott O’Brien, a rich British entrepreneur. In his case, […]
Legal
April 28, 2023
Bet365’s Hillside Hit with $7.7M Penalty in Sweden
Spelinspektionen has issued a SEK65 million penalty to Hillside Sports and a SEK14 million penalty to Hillside Gaming, both operated by Bet365, with the total amount of the penalty amounting to $7.7 million at current exchange rates. Spelinspektionen Delivers New Penalties against Hillside The Swedish gambling regulator argued in a statement that the companies had […]
