Legal
February 21, 2022
Fraudsters Use Metaverse Scams, Authorities in China Warn
Last week, the Banking and Insurance Regulatory Commission in China released a reminder urging the public to beware of illegal fundraising in the name of the metaverse. China Warns of Illegal Metaverse Fundraising Dangers Metaverse is a 3D virtual reality space that users can access via virtual reality (VR) goggles to connect, play, learn and […]
Legal
February 19, 2022
Gaming Regulator in Denmark Warns Unibet over KYC, AML Breaches
The gaming regulator in Denmark issued reprimands for Unibet after discovering several breaches of regulations related to anti-money laundering. Regulator Warns Unibet, Requests Risk Assessment Changes Spillemyndigheden, the Danish Gambling Authority, announced on Friday that it issued warnings against Kindred Group’s brand Unibet. The reprimands come after an investigation led by the Authority uncovered that […]
Legal
February 17, 2022
Minnesota Lawmakers Make Another Push to Legalize Sports Betting
Minnesota lawmakers are set to make another push to legalize sports betting in the state after previous attempts, one of which was in November 2021, failed. The push for sports betting is now gaining massive momentum as a bipartisan legalization effort was announced on Wednesday. The Proposal on Sports Betting Reportedly Benefits All Sides The […]
Legal
February 17, 2022
Former Casino Execs Embezzled Funds, Stole from Children, Lawsuit Alleges
Almost two years ago, two former casino executives were accused of using a secret credit card to pay for extravagant vacations and to steal money from a Northern California tribe and the casino they were hired to manage. Facing the allegations in court, they balked at the charges. However, they continuously refused to follow the […]
Legal
February 17, 2022
Brazil Could Have Hundreds of Legal Gambling Websites If Legislation Passes
Brazil is getting closer to legalizing its gambling industry. A new review of current regulatory efforts presented by Deputy Felipe Carreras earlier this week outlines the possible framework for regulating sports betting, animal games, video bingo, casinos, and bingo. According to the text submitted by Carreras, sports betting would be conducted in a “competitive environment,” […]
Legal
February 17, 2022
Hong Kong Influencer Faces Seven Years in Jail Over Illegal Gambling Promotion
The South China Morning Post reported that Hong Kong police have conducted an arrest of a 26-year-old social media influencer who is allegedly tied to illegal gambling. Authorities carried a raid and apprehended So Mei-yan, also known by other monikers as Cry So or So Miu-Miu. The arrest occurred earlier this week on Monday and […]
Legal
February 17, 2022
Northern Ireland Legislators Advance Major Gambling Reform Bill
In September of last year, a bill was introduced in the Northern Ireland Assembly to reform gambling across the territory. It replaces the original 1985 legislation, and was presented to the Communities Committee for consideration this week in what is aptly called the “consideration stage.” The bill will now advance to the next stage after […]
Legal
February 16, 2022
Norway Regulator Warns Kindred Subsidiary of Daily Coercive Fine
The gambling regulator in Norway warned Kindred’s subsidiary of coercive fines daily unless illegal gaming offering isn’t discontinued. Trannel May Face Daily Coercive Fines in Norway, Warns Regulator The Norwegian Lotteries Authority, Lottstift, issued a warning against Kindred’s subsidiary Trannel International Limited on Tuesday. The regulator warned the subsidiary that it may face “coercive fines” […]
Legal
February 16, 2022
London Man Gets Jail After Embezzling Charity’s Funds to Gamble
After being found guilty of embezzling more than £200,000 ($271,200) from a charity he was meant to support, a man from London will now be shipped off to prison. According to My London News, Manjinder Virdi, 37, was working as a financial officer for the unnamed charity and siphoned off the funds into his personal […]
Legal
February 15, 2022
Historic Horse Racing Machines Violate the Law, Oregon DOJ
Oregon, just like other US states offers casino gambling and lottery. While this sounds well, casino gambling is restricted to tribal lands and the lottery is state-run. On the other hand, casino gambling if not on tribal lands is prohibited by Oregon state laws. A new proposal seeks to add more than 200 historic horse […]