Gambling News - 'Regulation'
Legal
December 16, 2024
Entain Hit With Civil Penalty Proceedings in Australia
The Australian Government agency responsible for deterring, detecting and disrupting financial crimes and organized criminal activities, AUSTRAC (the Australian Transaction Reports and Analysis Centre), announced it initiated civil penalty proceedings against a recognizable betting and gaming operator. The Agency Claims Entain Breached AML, CTF Regulations On Monday, the agency confirmed that Ladbrokes and Neds’ operator […]
Legal
December 16, 2024
Ex-Resorts World and MGM Grand President to Have License Suspended, Pay a Fine
Scott Sibella, the controversial former president of Resorts World Las Vegas and MGM Grand, has agreed to forfeit his gaming license for the next few years. This agreement with the Nevada Gaming Control Board (NGCB) came in response to claims that Sibella allowed people with criminal pasts to gamble. Sibella to Pay a $10k Fine […]
Industry
December 16, 2024
Gaming Industry Optimistic About Trump Administration’s Business Approach
Gaming executives feel good about what Donald Trump‘s team might do for them pointing to its business-friendly approach and expected cuts in federal rules. Bill Miller and Key Players Discuss Impact of Trump Policies on State Gaming Rules At the National Council of Legislators from Gaming States (NCLGS) meeting on December 13 key players said […]
Industry
December 16, 2024
NCLGS Seeks Public Input on Proposed iGaming Bill
Close to 40 US states currently offer legal sports betting. With the activity available in a mobile and retail form in most states, its expansion became a fact after PASPA was struck down some six years ago. While sports betting has expanded exponentially since, the same cannot be said about online gambling. Currently, only seven […]
Industry
December 16, 2024
Nevada Considers Licensing Sports Data Providers to Enhance Oversight
Nevada’s gambling watchdog is looking into the idea of giving licenses to sports-data companies. This shows how sports betting is changing all over the US. The regulator’s representatives talked about this plan at a recent Nevada Gaming Control Board (NGCB) meeting, and they will decide what to do in 2025. NGCB Chairman Questions Oversight of […]
Industry
December 16, 2024
Garden City Files Lawsuit to Block Casino at Nassau Coliseum
The Village of Garden City has initiated a legal challenge in the Nassau State Supreme Court, seeking to annul a 42-year lease agreement between Nassau County and the Las Vegas Sands corporation for the Nassau Coliseum property. The Lease, Essential for a $6B Casino Development Plan The lease is a main component of a proposed […]
Industry
December 13, 2024
San Juan Approves Online Gambling Legislation Overhaul
In a landmark decision, the Chamber of Deputies of San Juan, Argentina, has passed new legislation aimed at regulating online gambling and minimizing its negative impact on minors. Up until this point, San Juan was one of the few provinces in the country that did not have any specific regulations related to online gambling, leading […]
Sports
December 13, 2024
Cyprus Lawmakers Agree to Raise the Sports Betting Levy
Cyprus MPs have greenlit a bill that would increase the levy on sportsbooks’ winnings. This controversial measure seeks to increase the money provided to soccer clubs and academies. The Levy Will Increase by 1.5% The bill, which was proposed by the finance ministry, passed with 27 votes in favor and 25 against. It would increase […]
Casino
December 13, 2024
Deadwood Casinos Fined Amid Breaking South Dakota Gambling Laws
Multiple Deadwood casinos were recently fined for violating South Dakota’s gambling laws. The violations, which occurred earlier this year, highlighted lapses in adherence to state regulations. The South Dakota Commission on Gaming officially approved the penalties earlier this week. IGT and DWD Resorts Fined for Illegal Bets One of the incidents involved a self-serve kiosk […]
Industry
December 13, 2024
Billions Are Lost to Illegal Online Gambling in Louisiana, Lawmaker
There are less than 10 US states that currently offer legal online gambling. While the activity is available to customers in major markets such as Michigan, Pennsylvania and New Jersey, among others for a total of seven states, illegal online gambling and offshore operators offer their services to customers in states where the activity isn’t […]