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The Latest in regulation
Legal
September 16, 2024
US Election Betting Once Again on Hold After Appeals Court Ruling
Political betting moved one step closer in the United States last week as a federal judge in Washington DC issued a stay on election contracts. The major development effectively sided with Kalshi, the popular regulated exchange and prediction market platform offering trading on the outcome of real-world events, in its legal battle with the Commodity […]
Industry
September 13, 2024
Alabama: Bill Seeks to Increase Penalties for Illegal Gambling
Illegal gambling remains an issue in many states across the US, despite the efforts of lawmakers and law enforcement. While the expansion of betting brought the industry into the light and undoubtedly reduced the share of the black market and offshore bookmakers, this is not the case for other gambling activities. Alabama is one state […]
Sports
September 13, 2024
Nevada Gambler Loses Bet Despite Bengals’ Winning Record Due to Canceled Game
A sports gambler in Nevada lost a dispute even though he made a winning bet on the NFL. Chad Manis, who lives in Las Vegas, wagered $3,000 that the Cincinnati Bengals would win more than 9.5 games in the 2022 season. The Bengals ended the season with a 12-4 record so Chad thought he had […]
Legal
September 13, 2024
SAFE Bet Act Calls for Federal Rules on US Sports Betting
Earlier this year, US Rep. Paul Tonko confirmed his intention to introduce the Supporting Affordability and Fairness with Every Bet Act (SAFE Bet Act), an initiative that proposes federal regulations on sports betting as a way to protect consumers from excessive gambling and harm. On Thursday, Tonko, accompanied by Sen. Richard Blumenthal, among other supporters, […]
Industry
September 12, 2024
Australian PM Defends Partial Gambling Ad Ban despite Rising Controversy
Australian Prime Minister Anthony Albanese has defended his government’s partial ban on gambling advertisements, pushing back against calls for a complete ban during question time in Parliament. He responded after the opposition highlighted recent polls indicating most Australians supported a full ban to come into effect as soon as possible. The Government Is Hesitant to […]
Sports
September 12, 2024
MLS Terminates Contract of Felipe Hernandez for Gambling Violations
Major League Soccer has announced that the contract of Sporting Kansas City midfielder Felipe Hernandez has been terminated, as he has committed a second violation of the league’s gambling policies. The 25-year-old homegrown player, who has been on administrative leave since June 2024, reportedly breached the terms of his January 2022 reinstatement, which required continued […]
Industry
September 12, 2024
Brain Health of Seniors in Japan Boosted by Pachinko Games
Japan is among the countries in Asia that has strict laws when it comes to gambling. Although once popular, over the last two decades, the pachinko industry has been shrinking. Now, the sector may be revitalized thanks to a surprising target audience, namely, elderly people. Pachinko games are based on the popular pinball machines in […]
Industry
September 11, 2024
Kane Purdy Highlights the Importance of GamProtect at Launch Event
Kane Purdy, operations managing director at Gamesys, participated in the launch event of GamProtect, a new player safety scheme. At the event, Purdy, who also serves as chair of GamProtect’s board, spoke about the scheme, highlighted its importance and thanked everyone who made its launch possible. GamProtect Launches amid Rapid Industry Growth GamProtect was been […]
Industry
September 11, 2024
Austria: OVWG Advises Reforms Following Supreme Court Ruling
The Austrian Association for Betting and Gambling (OVWG) has appealed for gambling reforms amid an increase in gambling-related lawsuits. According to the organization, the recent Supreme Court decision underscores a need for better and more precise gambling regulation. The OVWG Advised Reforms In August, Austria’s Supreme Court ruled that local players can sue online gambling […]
Industry
September 11, 2024
Special Master in Arkansas Finds Issues with Anti-casino Ballot Signatures
Special master to the Arkansas Supreme Court Randy Wright claims close to 6,000 signatures given in support of an anti-casino ballot initiative have insufficient addresses, which is reason for them to be disqualified. The special master’s report will inform the highest court whether the votes cast on the constitutional amendment proposal for November should be […]