Legal
March 29, 2023
Australia Calls to Restrict Kids’ Access to Games Simulating Gambling
Australia is infamous for its losses to gambling. Every month, gamblers lose hundreds of millions of dollars to the activity, while the losses annually are at a billion-dollar scale. Many changes were discussed in different Australian states recently, yet a nationwide overhaul of the gambling sector also represents a possible option for the country to […]
Legal
March 27, 2023
KSA Imposes Sanction against Winning Poker Network
The Dutch gambling regulator, the Kansspelautoriteit (KSA), announced Monday it imposed a cease-and-desist order against the online gambling operator Winning Poker Network. The order comes after an investigation dating back to September last year uncovered that Dutch customers can participate in games of chance via one of the operator’s websites. The KSA said that an […]
Legal
March 27, 2023
Bill Proposing Cardroom Expansion Gains Traction in California
The Gambling Control Act of 1997 in California restricted the expansion of cardrooms in the state. After it was extended a few times, it finally expired at the start of this year. Under the Gambling Control Act of 1997, it wasn’t possible for new cardroom licenses to be issued. At the same time, such businesses […]
Legal
March 24, 2023
Debate on Sports Betting Legalization in Texas Continues
A few years have passed since the US Supreme Court deemed PASPA unconstitutional, allowing states to legalize sports betting under their own rules. Since 2018, when PASPA was struck down, many states have legalized and introduced sports wagering, creating a new stream of tax revenue and establishing competitive markets that also protect the consumers. While […]
Legal
March 23, 2023
Two Kindred Brands in the UK Receive Fines from the GC
The Gambling Commission in the UK, the regulatory body in charge of gambling, announced Thursday it imposed fines against two operators that are a part of Kindred Group. The fines, totaling £7.1 million ($8.7 million), were against Platinum Gaming Limited, as well as 32Red Limited. The fine against Platinum Gaming Limited, imposed by the GC […]
Legal
March 22, 2023
Oklahoma Betting May Become a Reality as HB 1027 Passes the House Vote
In February, Representative Ken Luttrell filed House Bill 1027, which would legalize tribal sports betting in the state of Oklahoma. The measure continues to gain traction and has now been approved by the House. Earlier this month the sports betting bill passed the Appropriations and Budget Committee vote by a landslide, receiving 27 “yes” votes […]
Legal
March 22, 2023
North Carolina Bill Proposing Betting Expansion Gains Traction
In the years since PASPA was struck down by the US Supreme Court in 2018, different states have gone through the process of legalizing and launching sports betting activities in some form. While many states offer retail, as well as mobile sports wagering, some, such as North Carolina, offer only retail betting options. However, this […]
Legal
March 21, 2023
Trainee Lawyer Embezzles Money to Repay Gambling Debt
The ruse ended when a regular audit brought to light a couple of suspicious payments. The 31-year-old Tauseef Sadeeq couldn’t come up with plausible explanations when questioned, leading to a deeper investigation, ending with Sadeeq being sentenced to prison time. Sadeeq Won’t Be Practicing Law Anymore He was the first-ever trainee at the law firm, […]
Legal
March 21, 2023
PredictIt Has Until April 5 to Respond to a CFTC Letter
PredictIt, a platform that allows customers to wager on political and financial events, is under fire by US regulators that seek to shut down the exchange. In response, the exchange filed a lawsuit, which still continues. Amid the heated battle between PredictIt and the Commodity Futures Trading Commission, the exchange’s deadline to respond to a […]
Legal
March 21, 2023
Tennessee Seeks to Tax Betting Handle Instead of Revenue
After PASPA’s repeal in 2018, Tennessee legalized sports wagering in May 2019. Then, November 1, 2020, marked the launch of the legal online sports betting market in the state. Currently, sports betting operators are subject to a 20% tax on sports betting revenue. Moreover, to operate in the state, licensees are subject to meeting license […]
