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Industry
November 7, 2024
NGCB Recommends License for Hard Rock Exec amid the Mirage Transformation
The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), recently reviewed and recommended for approval the license of one key executive for the future Hard Rock Las Vegas. Vincent Zahn Recommended for License in Nevada That is the case of Vincent Zahn, who currently holds the role of chief financial officer and executive […]
Industry
November 7, 2024
Nevada: Casino Patrons Claims over $900K Winnings Denied
Disputes between casino operators and visitors related to payouts, unpaid jackpots or malfunctioning machines or other games are often brought to the attention of the gambling regulator. In Nevada’s case, such disputes are overseen by the Nevada Gaming Control Board (NGCB). Recently, the NGCB rejected two disputes for nearly $1 million in winnings, filed by […]
Industry
November 6, 2024
Brazilian Senate Remains Divided on Gambling Legalization
Brazil Senate President Rodrigo Pacheco reaffirmed his commitment to a parliamentary commission of inquiry (CPI) on online betting, noting that the need for enhanced monitoring and regulation of online betting is becoming increasingly evident. Despite tax reform dominating the legislative agenda, Pacheco stated that the CPI on betting must not be sidelined, citing rising consumer […]
Industry
November 6, 2024
South Africa Must Reform Casino Regulations to Exit FATF Grey List
South Africa is making a concerted effort to exit the Financial Action Task Force (FATF) grey list, targeting full compliance by mid-2025. Although the country has strengthened its anti-money laundering (AML) and counter-terrorist financing (CTF) policies since the FATF’s original 2021 evaluation and the subsequent follow-up report in 2023, issues like casino licensing and regulation […]
Industry
November 6, 2024
France Initiates iCasino Talks with Industry Stakeholders
At the end of October, we reported on France’s Minister Delegate for the Budget and Public Accounts announcement the government would no longer consider the legalization of iGaming, with lawmakers taking a stake back in light of economic concerns. France and Cyprus are the only EU member states that continue to prohibit iGaming. Now, roughly […]
Industry
November 6, 2024
Turkish Soccer Introduces Fines for Clubs Promoting Illegal Betting
The Turkish Football Federation (TFF) has published new regulations in an effort to push back against illegal sports betting ads in professional soccer. Turkish soccer clubs that violate these new rules now risk penalties. Clubs that Endorse Illegal Operators Face Fines The updated guidelines envision fines for clubs that endorse illegal betting companies. Additionally, repeat […]
Industry
November 6, 2024
BGC Publishes Code Handbook, Reiterates Commitment to High Standards
The Betting and Gaming Council (BGC), an industry standards body, has published its first Code Handbook. The new publication will encompass 20 Codes covering 100 measures aligning with the industry’s ambition to raise its standards. BGC Commemorates Its Anniversary with Inaugural Code Handbook The publication commemorates the BGC’s fifth anniversary and collates every voluntary commitment […]
Industry
November 6, 2024
Dutch Gambling Act Fails to Adequately Protect Consumers
The Netherlands implemented new rules regarding gambling sponsorships effective from July 1, 2024. Despite the strict rules, the sector continues to attract gamblers and lacks sufficient protection when it comes to excessive gambling and harm, a newly released report warns. Evaluation Looks Into KOA WODC, a government research agency, recently hired Dialogic to conduct an […]
Industry
November 6, 2024
Sports Betting Initiative Receives Approval from Missouri Voters
The legalization of betting on sports in Missouri has been a hot topic ever since the US Supreme Court’s decision to strike down PASPA in 2018. While previous efforts failed, a proposal that would pave the way for legal wagering was approved by Missouri voters Tuesday. Amendment 2 Secures Voter Approval That is the case […]
Industry
November 5, 2024
$3.1M Tax Refund in Nevada Reveals Regulatory Loophole
In a settlement reached on Monday, the Nevada Gaming Commission agreed to refund Nevada Restaurant Services Inc. (NRSI), the operator of 41 casinos under brands such as Dotty’s and Bourbon Street Sports, a total of $3,120,197.28 in overpaid taxes. These overpayments resulted from an accounting error, over-inflating its tax payments. NRSI Uncovered Two More Years […]
