Legal
January 18, 2023
UKGC Hits TonyBet with $550K Fine over Various Breaches
The fine was announced Wednesday and sees TonyBet, which operates tonybet.co.uk, receive a £442,750 ($547,300) financial penalty from the gambling regulator. In addition to the financial penalty that the operator would need to pay, the Commission issued a warning. Gambling Commission Uncovers AML Deficiencies The gambling watchdog pointed out that TonyBet did not conduct an […]
Legal
January 18, 2023
Nationwide Gambling Reform Not Needed, Says Australian PM
As reported by The Australian Financial Review, Albanese did not show support for a nationwide gambling reform. Gambling Regulation Is in the Hands of States Instead, the PM acknowledged that the regulation of poker machines and a reform of the sector are in the hands of the lawmakers in each state. Speaking about problem gambling, […]
Legal
January 18, 2023
Former Suncity Group CEO Alvin Chau Gets 18 Years in Prison
GGR Asia reported that Chau, who was arrested back in November 2021, was found guilty on charges of illegal gambling, including running illegal gambling activities in licensed venues and fraud. Chau was not found guilty of charges of money laundering. Suncity Group’s Side-Betting Scheme Confirmed Macau Court of First Instance’s judge Lou Ieng Ha pronounced […]
Legal
January 17, 2023
Mississippi Sports Betting Legalization Saga Continues with Fifth Bill
Being backed by the chairman of the House Gaming Committee, Casey Eure, House Bill 606 would amend section 97-33-1 of the Mississippi Code from 1972 in such a manner that it would enable bettors to place wagers on sports events online. Five Attempts and Counting The bill that has already been sent to the House […]
Legal
January 17, 2023
Sault Tribe Cries Out against $88.8M Ruling for Casino Damages
An Ingham County Circuit judge found the Kewadin Casinos Gaming Authority guilty of misrepresentation after it failed to meet its contractual obligations with the parties involved in developing the planned Romulus and Lansing casino projects. Dissatisfied with the court’s decision, the tribe will appeal for relief and appeal if necessary. Disgruntled Investors Sought Legal Action […]
Legal
January 17, 2023
Vbet Agrees £338K Settlement with UKGC over License Breaches
The £337,631 ($414,300) regulatory settlement comes after the Commission uncovered breaches related to safer gambling and anti-money laundering rules. UK Gambling Regulator Probes into Vbet The gambling watchdog reminded that all licensed operators in the UK need to comply with the Gambling Act 2005, the main gambling law that is currently under review by the […]
Legal
January 16, 2023
CNA Backs Ban on Gambling Ads in Romania, Supports 2022’s Draft Law
The National Audiovisual Council (CNA), which is the institution that regulates and supervises local televisions and radios in the country, has unanimously voted in favor of a draft law that has been sent to the Parliament in the fall of 2022. The Bill, Initiated by 79 Senators and Deputies According to CNA member Mircea Toma, […]
Legal
January 16, 2023
Fraudster Arrested after Cheating the US Stock Market
Peter Coker Junior, the ex-chair of South Shore Holdings which operated the failed gambling resort The 13, has been arrested in Phuket last Wednesday. Coker was wanted by Interpol because of his involvement in financial fraud. Coker Used to Chair a Business Which Wanted to Get Into Gambling As reported by the Bangkok Post, Coker […]
Legal
January 16, 2023
North Dakota Passes HCR 3002 to the Senate
North Dakota is proceeding with its efforts to make commercial sports betting legal. Currently, only tribal companies are allowed to offer sports wagering products in the state. North Dakota Seeks to Legalize Commercial Sports Betting A few days ago, Fargo representative Greg Stemen submitted House Concurrent Resolution 3002 to the House Judiciary Committee for a […]
Legal
January 16, 2023
Appeals Court Confirms Dismissal of RICO Case Against Steve Wynn
The Las Vegas Review-Journal reported that the lawsuit, which was initially filed in 2018, accused Wynn and his company, Wynn Resorts, of firing Angelica Limcaco, a salon manager at one of the company’s Las Vegas venues because she reported that Wynn had raped one of her employees in 2005. The Lawsuit Was Dismissed as Being […]
