Legal
January 20, 2022
UKGC Issues Fines to Two Operators over Social Responsibility Breaches
The UK Gambling Commission (UKGC) has issued updates today, citing the names of two gaming companies that have breached social responsibility protocols. The two casinos will now have to pay a collective fine of roughly $1.80 million. The businesses named in the ruling include Rank Digital Gaming and Annexio. Social Responsibility, Self-Exclusion, and Terrorist Funding […]
Legal
January 19, 2022
Spain to Take Aim at NFTs, Play-to-Earn Games, and Loot Boxes
Spain continues to up the ante when it comes to protecting consumers. The latest move by the Ministry of Consumer Affairs charts a new way to address and talk about play-to-earn games, loot boxes and non-fungible tokens (NFTs). Lawmakers have been asking for years to lump regulation of such games and digital goods with gambling […]
Legal
January 19, 2022
Utah Remains a Holdout State in a Sea of Gambling Opportunities
Utah is clearly a laggard when it comes to sports betting legalization, and the state is bleeding precious cash. Without licensed operators to go around, the state is subject to offshore advertisement and rogue operations that deprive it of the valuable taxable dollar. Sports betting is not getting special treatment. In fact, Utah has no […]
Legal
January 18, 2022
Ontario May Lose $2.8BN by Legalizing Online Gambling, Says Report
Ontario’s online gambling market holds significant potential. Opening the market would bring benefits for operators and consumers, but it will also fuel the province with fresh tax revenue. While all of this sounds good, a new report commissioned by the biggest casino operator in Ontario, Great Canadian Gaming, warns that the government may lose millions […]
Legal
January 18, 2022
Poker Pro Lena Evans Is a Part of a Class-Action Lawsuit against PayPal
Philanthropist, pro poker player, and a two-time WSOP Circuit ring winner Lena Evans is a part of a lawsuit against the digital payment company PayPal. Last week, Bensamochan Law Firm filed a lawsuit with the Northern District of California, United States. Plaintiffs Seek to Recover Seized Funds from PayPal, File Lawsuit The lawsuit comes after […]
Legal
January 18, 2022
Yorgen Fenech Claims Witness Lied in Maltese Journalist’s Murder Case
It’s been over four years since journalist Daphne Caruana Galizia was murdered while covering a story about corruption in the country’s government. However, the case that rocked the Malta Gaming Authority, and the entire gaming industry, is still dragging through the court system. One of the prime suspects allegedly involved in orchestrating the murder, millionaire […]
Legal
January 17, 2022
Virginia Bill to Amend Operator Deductions and Loss Carryover
Virginia, one of a few states that have collected sports betting state taxes below their tax rates so far, is the first to undertake steps to amend the situation by introducing a bill that will eliminate promotional deductions and loss-carryover for operators. No Promotional Deductions after First Year House Bill 1103 introduced by Delegate Mark […]
Legal
January 14, 2022
Wirecard Prosecutors Charge Suspect in Fraud Investigation
The case against one of the largest accounting frauds in Germany, Wirecard, received an update Thursday after prosecutors said they charged a former business associate of Jan Marsalek, Reuters reported. Charging a Minor Player Munich prosecutors announced they charged a business associate of ex-Wirecard executive Jan Marsalek on December 21. The unnamed individual became the […]
Legal
January 14, 2022
Smoking, PILOT Bill Continue to Be Center of Attention in Atlantic City
The New Jersey PILOT bill was presented as a way to help Atlantic City’s nine casinos overcome the hardships of the COVID-19 pandemic. It was a contentious piece of legislation from the start that only became more problematic when it was approved in December. After legal challenges surfaced to try to get the legislation halted, […]
Legal
January 13, 2022
New York and Senecas End Their Dispute, New Gaming Compact Is in the Works
The Seneca Nation of Indians and the state of New York managed to write history as they ended their years-long dispute regarding revenue sharing and thus, agreed to commence negotiations on a new gaming compact. Seneca Nation Will Receive $40 Million in Disputed Fees The president of the Seneca Nation, Matthew Pagels, took to Facebook […]