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Legal
July 5, 2023
Ohio’s Betting Tax Hike Will Hurt the Industry, Critics Say
A recent Ohio bill dubbed House Bill 33 proposes some drastic changes to how the state’s sports betting industry should be taxed. Under the measure, sportsbooks will have to pay 20% of their revenue in taxes starting 2024. Needless to say, not everyone is happy. A Summary of the Events Currently, sports betting operators need […]
Legal
July 5, 2023
Maine Governor Vetoes Bill on Wabanaki Tribal Federal Rights
Maine Gov. Janet Mills has vetoed a crucial piece of legislation that sought to grant greater federal rights to the Wabanaki tribes, resulting in disappointment and frustration among tribal communities. the bill came with a significant caveat – it excluded the tribes’ ability to organize class II gaming on their reservations, a concession made to […]
Legal
July 4, 2023
Administrative Court in Sweden Overturns $550K Fine against ATG
Spelinspektionen, the Swedish Gaming Authority, announced Monday that a fine it imposed against the horseracing and betting operator, AB Trav & Galopp (ATG), has been annulled by the Administrative Court in Linköping. The fine was imposed by the gambling watchdog back in November 2022 and it came along with a warning over anti-money laundering failures. […]
Legal
July 3, 2023
China Shuts another Gambling Ring, Arrests 93 People
China, which prohibits gambling outside of certain regions, has cracked down on yet another illegal gambling operation. Following enforcement action carried out this weekend, the police arrested 93 people and seized around $125 million (figure has been converted to USD). As a result of the raid, the illegal iGaming platform is no longer available. Investigators […]
Legal
June 30, 2023
Belgium Clears the Path for Tough Restrictions on Gambling Ads
Deals between professional sports organizations and gambling companies help bring valuable proceeds for the clubs, allowing them to continue to grow. Yet amid concerns about an increase in sports betting activities and consequently risky or problem gambling behavior, many countries around Europe are strengthening their regulations. This applies not only to gambling sponsorships but external […]
Legal
June 30, 2023
Charges against Ex-Wynn Executive in Varsity Blues Scandal Dropped
Gamal Abdelaziz, the former Wynn Resorts executive, was one of the many defendants involved in the massive Varsity Blues scandal that made news headlines a few years ago. Allegations against him claimed that he paid $300,000 to have his daughter accepted into a US university without her meeting the athletic standard. Now, in a new […]
Legal
June 30, 2023
Illinois Poised to Offer Ex-Convicts Second Chance in Casinos
Governor J.B. Pritzker is now the one holding the fate of people who have served prison sentences and are looking to reintegrate into society with Senate Bill 1462 awaiting the gubernatorial signature before it may be passed into law. Second Chance for Illinois ex-Convicts at Casinos Senate Bill 1462 will not necessarily grant exclusive hiring […]
Legal
June 29, 2023
She Zhijiang Determined to Resist His Pending Extradition to China
Chinese authorities allege that Zhijiang played a central role in organizing and facilitating illicit gambling activities, which have long caused concern due to their association with criminal networks and potential societal harm. As a result of the evidence presented against the businessman, China has canceled his visa, enabling his deportation. However, She is prepared to […]
Legal
June 29, 2023
PGCB Issues New Fine to Casino over Underage Gambling
The casino in question is Harrah’s Philadelphia which has received a penalty of $35,000 for allowing individuals under the legal gambling age to enter the premises and place a bet. The state laws say that no person who is under 21 is allowed on the premises of casinos in any capacity let alone to gamble. […]
Legal
June 26, 2023
Vetnos Files Lawsuit against PrizePicks, Claiming Patent Infringement
Vetnos LLC is a business-to-business provider of fantasy sports technology that has a growing presence in the United States. The company provides tribal operators in states such as Oklahoma and California with daily fantasy sports (DFS) technology, powering their operations. While Vetnos holds three patents for technology that helps mitigate performance and financial risks related […]
