Legal
June 28, 2020
German Giant Wirecard Filed for Insolvency, Some $2.1 Billion Funds Missing from Books
Wirecard missing some $2.1 billion from its books, files for insolvency. Wirecard’s auditor, EY says that the company is involved in a multiyear sophisticated fraud. Germany’s Payment Processor Wirecard Involved in a Financial Scandal, $2.1 Billion Missing From Books The financial and payment processor Wirecard was involved in a multiyear fraud scandal that led to […]
Legal
June 26, 2020
Casinos in Nevada May Face Disciplinary Actions if Visitors Don’t Wear Masks
If Nevada casino operators fail to enforce the mandatory face masks order, they may face disciplinary actions by the Gaming Control Board. Disciplinary Actions May Be Introduced by Nevada’s Gaming Control Board The Nevada Gaming Control Board discussed possible disciplinary actions for operators which do not follow the rules for guests wearing masks within their […]
Legal
June 26, 2020
Experts Say BGC Exceeded Privileges in Redirecting $125m Funding
Redirecting $125 million to GambleAware “in a last-minute call” has prompted addiction experts in the UK to raise an alarm over the gambling industry’s clout in how money dedicated to stemming problem gambling is used. Gambling Firms Have Too Much Say in Directing Funding, Say Experts Following the news from a week ago that industry […]
Legal
June 25, 2020
Hamburg Chooses Enforcement Actions Against Online Casinos
Bwin, Tipico and Bet3000 have been accused of operating illegal online casinos in Hamburg, as the Hamburg Interior Authority filed criminal complaints against them in a development that showed the glaring differences between the 16 German states ahead of the New Treaty on Gambling coming into force July 1, 2021. Germany States Divided Barely a […]
Legal
June 25, 2020
Kenya: Betting Turnover Tax Overturned, Pending President’s Approval
The tax on sports betting turnover in Kenya has been removed in an unexpected development of events, after the National Assembly of the country approved the Finance Bill 2020, the budget for the fiscal year starting July 1. The tax that was part of the 2019/2020 budget of the country was almost certain to be […]
Legal
June 25, 2020
China Starts Online Tool for Citizens to Report Illegal Online Gambling
China has expanded its efforts to clamp down on cross-border gambling with the state now launching an online platform where citizens can report individuals suspected of running online gambling. Chinese Ministry of Public Security Calls on Citizens to Report Gambling Ramping up measures against unauthorized online gambling, the Chinese Ministry of Public Security has created […]
Legal
June 25, 2020
Brazil Awaiting OK by President to Privatize Sports Betting Sector
Seeking to cushion the impact of the COVID-19 pandemic, the Brazilian Ministry of Economy has proposed a plan to privatize the sports betting industry. The move awaits support from the country’s president, Jair Bolsonaro. Brazil Wants to Privatize Sports Betting Operations Sports betting businesses in Brazil will become the property of the state, a new […]
Legal
June 24, 2020
Massachusetts Gaming Commission Finalizes Reopening Plans, No Date Yet
After three weeks of debates, the Massachusetts Gaming Commission (MGC) has finally agreed on official guidelines for the restart of the industry, with no official date set just now. Massachusetts Gaming Commission Gives Final Approval for Casino Reopening The Massachusetts Gaming Commission (MGC) settled on a new set of requirements that would need to be […]
Legal
June 23, 2020
Pennsylvania: New Bill to Legalize Gaming Machines
Pennsylvania, the nation’s number 2 commercial casino state, is pushing forward with new legislation that will legalize slot-like terminals to be placed inside bars, restaurants, social clubs and any other businesses that hold licenses to sell liquor. The Skill-Based Gaming Machines Debate Revisited The initiative started by some Republicans in the state Senate seeks to […]
Legal
June 23, 2020
ARC Deemed Commissioner Butch Rice’s Vote on Pope County Biased
Monday’s ARC meeting found commissioner Butch Rice’s vote as biased and now the ARC will need to find a way to resolve the situation for the race of casino license in Pope County. While the race between the Gulfside Casino Partnership and Cherokee Nation continues, commissioner Rice said he: “did not cast anything intentionally to […]