Legal
May 26, 2020
DraftKings Seeking Early Entry to the Illinois Sports Betting Market
DraftKings is actively exploring ways to go around the time-out period legislators in Illinois imposed on it last year, when state legislature passed SB690 to legalize sports betting. An update on the website of the Illinois Gaming Board, the state gambling regulator, shows a certain company, Crown IL Gaming LLC, owned by Boston-based DraftKings, has […]
Legal
May 26, 2020
Spain Warns Casinos and Sportsbooks Not to Reopen Without Authorization
With Spain preparing to return back to normal, the government has cautioned casinos and sports betting venues not to reopen. All properties need to wait for an official go-ahead. Spain’s Gambling Regulator Warns Gambling Venues Not to Reopen Spain’s gambling regulator continues to keep a close eye on the country’s gambling industry. Even though the […]
Legal
May 25, 2020
Lawmakers in Illinois Approved $40 Billion Budget Following Sunday’s Session
Illinois lawmakers have passed an emergency budget, taking into account the impact of coronavirus (COVID-19) on the state’s economy. Lawmakers Pass a $40 Billion State Budget Following a late Saturday night – early Sunday morning vote, lawmakers in Illinois passed a $40 billion state budget. Keeping in mind the budget gap that was created by […]
Legal
May 25, 2020
Aristocrat Agrees to Settle with Plaintiffs, Pending Federal Court Approval
Aristocrat, the manufacturer of gaming machines, announced today it reached a principle agreement for the settlement of the two lawsuits against the company in Washington State, relating to the social games provided by Big Fish Games, a 2018 acquisition from Churchill Downs Inc. The agreement remains subject to approval by the US Federal District Court […]
Legal
May 22, 2020
Michigan Gaming Regulator Started Accepting License Applications
Michigan’s Gaming regulator is now accepting applications for online gambling licenses. MGCB Now Accepts Applications for Gambling Licenses The Michigan’s Gaming Control Board (MGCB) has started accepting online applications for gambling licenses. The regulator shared all necessary details and the application form on their web site. Furthermore, MGCB now has committed a separate form which […]
Legal
May 21, 2020
Sports Books and Casinos Win the VAT Legal Battle with HMRC
Sports betting operators in the UK are expected to reclaim up to £1 billion, after the legal battle over the inappropriately applied tax to fixed-odds betting terminals (FOBTs) is over. The Upper Tribunal Tax Chamber came up with a ruling last month supporting the First-Tier Tribunal stance that gambling companies have been charged VAT on […]
Legal
May 21, 2020
Tokyo Prosecutor Kurokawa Involved in Gambling Scandal
One of Japan’s top prosecutors, Hiromu Kurokawa, is stepping down from his post following involvement in a mahjong game with money bets. Prosecutor Kurokawa Accused of Playing Mahjong for Money Hiromu Kurokawa, chief of the Tokyo High Public Prosecutors Office, has stepped down after involvement in a gambling scandal. The weekly magazine Shukan Bunshun reported […]
Legal
May 21, 2020
AGA Urges for Update of “Outdated” Jackpot Reporting Threshold
Presidential executive order gives the U.S. gaming industry an opportunity to push jackpot reporting threshold to $5,000, AGA says. New Presidential Order an Opportunity for Gaming in the U.S. The American Gaming Association (AGA) has welcomed a new executive order by U.S. President Donald Trump and his administration, in which they propose to target needed […]
Legal
May 20, 2020
Swedish Gaming Regulator Comes up with New Match-Fixing Regulations
Spelinspektionen, the Swedish Gaming Authority, submitted to the country’s National Board of Trade new proposed regulations on match fixing, showing its resolve to deal with one of the biggest threats to sport nowadays. The proposed regulations will be presented to the European Commission for an assessment, taking up to three months for the EC to […]
Legal
May 20, 2020
Gambling Addiction in Great Britain Closer to 2.7% Survey Says
New survey by GambleAware indicates that the actual number of gambling addicts in Great Britain might be closer to 2.7% of the adult population. A New Look at Gambling Addiction Numbers in the UK Gambling addiction continues to be a contentious bone in the UK, and not even a spate of changes to regulation, including […]