Legal
June 8, 2020
California Sports Betting Legalization Facing Tribal Wall of Opposition
California, one of the states that have not yet legalized sports betting, is facing another conundrum, as the project to allow wagering on sports in the state is all but supported from the state’s Native American tribes. And they are willing to make no concessions. Amended Bill Moves Forward Last week, the proposal put forward […]
Legal
June 8, 2020
Iowa Approves Betting on Esports Contests, DraftKings’ Wish Granted
The Iowa Racing and Gaming Commission (IRGC) voted unanimously for the approval of betting on esports in the state, but only through contests. The regulator granted the request from DraftKings to allow state residents to participate in the daily fantasy esports competitions via its website. IRGC Approved Esports Contests During the meeting at Grand Falls […]
Legal
June 8, 2020
EGBA Says Denmark Shouldn’t Play Tug of War with Gambling Tax
The European Gaming and Betting Association (EGBA) has cautioned Denmark over increasing online gambling tax to 40%, arguing that the exorbitant rate could push many gamers to seek alternatives offshore. According to H2 Gambling Capital, an intelligence and research firm, introducing the new tax could lead to a 25% drop in the share of licensed […]
Legal
June 6, 2020
China Continues to Fight Against Gambling, $183M Illegal Ring Busted
China might have cracked on the biggest illegal organized gambling ring so far, halting operations to the extent of $183 million, some part of which directed towards high-stakes play in Macau, a recent report by the Asian newsletter GGRAsia suggests. Police in mainland China’s Nantong city in Jiangsu province announced 18 people, led by a […]
Legal
June 6, 2020
Illinois Mobile Registration and Betting Become a Reality
In light of declining revenue, Gov. J.B. Pritzker has signed an executive order on Thursday, overhauling existing legislation and granting casinos and racetracks the ability to apply for a mobile license and enable patrons to register and place bets from home. Illinois Receives a Big Mobile Sports Betting Boost Illinois may have just got an […]
Legal
June 5, 2020
Marina Bay Sands Under Investigation by US Department of Justice
The US Department of Justice is investigating Marina Bay Sands, the Singapore integrated casino resort of Las Vegas Sands (LVS), a recent Bloomberg report suggests. The probe into the dealings of the gaming venue is seeking to establish whether anti-money laundering regulations were breached while handling VIP accounts. Former Head of Compliance Subject of Investigation […]
Legal
June 3, 2020
Floyd Mayweather to Cover George Floyd’s Funeral Expenses
Following the shocking death of George Floyd, an African-American man in police custody who was held in a chokehold for eight minutes, the United States has been hit by a spate of riots. Amid those, boxing legend Floyd Mayweather said he would pay for Floyd’s funeral expenses. Mayweather’s Agent Says Boxer to Pay for Floyd’s […]
Legal
June 2, 2020
Tribal Association Concerned Over Sports Betting Bill in CA
А CA-updated sports betting bill has caused the Tribal Association to raise concerns. Tribal operators find the language in the bill to be controversial. Updated Bill for Spots Betting Legalization Causes a Stir in California Following a recently updated bill for the legalization of sports betting in California, a concern was raised by the tribal […]
Legal
June 2, 2020
Safer Gambling Week Arrives to Replace Responsible Gambling Week
Rebranding the Responsible Gambling Week intiative as Safer Gambling Week 2020, the event will take place on November 19-25 and focus on raising awareness about safer gambling practices. Safer Gambling Week to Set New Standards and Benchmarks In a continuing bid to make gambling safer, the Responsible Gambling Week initiative will be rebranded as the […]
Legal
May 30, 2020
UK Gambling Commission: Player Protection Investigation Leads to Company Closure
The UK Gambling Commission has been using all of its delegated power to force gambling operators to comply with regulations regarding establishing a safer environment, dishing hefty fines to companies for failing to meet their obligations, accumulating nearly $60 million from 2014 to 2019 in penalties. VIP Status behind the Excessive Losses Yet, this fact […]