Legal
November 8, 2022
Robber Pleads Guilty to Stealing Billions in Crypto
Billions of dollars in Bitcoin were seized and their owner finally admitted to acquiring them illegally. The wrongdoer stole more than 50,000 Bitcoin from a shady dark web website. Law Enforcement Uncovered Zhong’s Cache As announced by Damian Williams, the US attorney for the Southern District of New York, and Tyler Hatcher, the special agent […]
Legal
November 8, 2022
PokerStars Forced to Reimburse a Player
PokerStars will be forced to reimburse a player whom it took bets from ahead of the legalization of online gaming in the country. A regional court concluded that the operator must pay back $58,494. PokerStars Took Bets Prior to the Legalization of Poker The player in question hired Dr Rendell Rechtsanwaltsgesellschaft, a German law firm, […]
Industry
October 28, 2022
NSW Reluctant to Introduce Cashless Gaming
The New South Wales Labor Party is not ready to adopt cashless gaming. In spite of pressures from other parties, Chris Minns, leader of the state’s opposition, remained adamant that the proposal still needs to be thoroughly discussed. The Parties Are Unwilling to Make Hasty Decisions The pressure for the introduction of cashless gaming came […]
Legal
October 21, 2022
IPI on Its Last Legs after Renewed Legal Disputes
The Commonwealth Casino Commission (CCC) has filed a petition against casino operator Imperial Pacific International (IPI) due to the latter’s failure to comply with a previous court order and pay out $25 million in missed license fees. This most recent legal trouble is the latest in IPI’s series of legal issues, which almost caused the […]
Legal
October 19, 2022
Nagasaki Begins Hearing Case on Public Funds for IR Plan
In April, the Japanese prefectures of Nagasaki and Osaka expressed their wish to build two integrated resorts (IR) by officially submitting their IR development proposals to the national government. Some representatives of the local communities were not very pleased when hearing about the proposals. In June, a series of anti-gambling civil groups started to challenge […]
Legal
October 19, 2022
Kazuo Okada Was Arrested Upon His Return to Manila
Japanese businessman Kazuo Okada has been arrested upon his arrival in the Philippines. The reason was the businessman’s prior involvement in the controversial Okada Manila takeover. Okada Was Arrested Soon after Landing Yesterday, Okada announced that he returned to Manila, despite his lawyers advising him on the contrary. The magnate believed he has nothing to […]
Legal
October 18, 2022
Sony Taken to Austrian Court over Loot Boxes
It seems like the loot boxes debate continues to be one of the hot topics of the gaming and video gaming industries. In a recent development, Sony will appear in court for offering what some Austrians consider to be illegal gambling. Sony Is Guilty of Allowing Games that Offer Loot Boxes Österreichische Lotterien and Casinos […]
Legal
October 18, 2022
Okada Returns to the Philippines to Show He Is Not Afraid
Kazuo Okada, a Japanese businessman and the founder of the Okada Manila resort and casino has returned to the Philippines, contrary to his lawyers’ advice. Okada says his move is meant to show that he is not afraid of the Philippine authorities because he is the just one. Okada Returned to the Philippines Kazuo Okada […]
Industry
October 15, 2022
Lawsuit Filed against FanDuel by Eccles and Others Dismissed
A case in New York brought against sports betting and fantasy sports operator FanDuel by its co-founder and first CEO Nigel Eccles, early investors and employees was dismissed Thursday, reported Bloomberg. ‘Sweeping Victory’ for FanDuel and Its Board The New York State Supreme Court, Appellate Division dismissed Eccles v. Shamrock Capital Advisors LLC, ruling that […]
Legal
October 13, 2022
Judge Clears Up Allegations against Steve Wynn
On Wednesday, the casino tycoon Stephen A. “Steve” Wynn won his battle against the U.S. Department of Justice when a federal judge in Washington DC ruled that Wynn could not be required to register as a foreign agent. DOJ Sought to Force Wynn to Register under FARA In May, the Department of Justice filed a […]
