The Latest in legal
Legal
April 6, 2023
Ireland’s Department of Justice Ready to Support the Implementation of the Gambling Bill
After it rejected a proposal for a series of measures aiming to protect gamblers from spending more than they can afford at the start of the year, the Department of Justice in Ireland has announced that it was ready to help the Gambling Regulation Bill progress in its 2023 Justice Plan. Over 140 Actions Part […]
Legal
March 30, 2023
Addict Gambles Away Investor Money, Says Husband Forced Her To
A month ago, Los Angeles lawyer Sara King made headlines after using a $10 million business investment to live in luxury. Now, amid an ongoing lawsuit, King claims that her husband, the Iranian royal Kamran Pahlavi, forced her to waste the money, The Daily Beast reported. Thanks to her relationship with Pahlavi, King was introduced […]
Legal
March 29, 2023
Pace-O-Matic to Fight against “Unconstitutional Ban” of Skill Games in Kentucky
The battle between pro-skill games and anti-skill games groups in Kentucky continues. Pace-O-Matic, a Georgia-based developer of such products, teamed up with other industry bodies to file a lawsuit over House Bill 594, which would see vertical banned. Skill games are a type of electronic terminals that offer real-money gaming. Despite their inherent similarities to […]
Industry
March 27, 2023
Vermont House Clears Sports Wagering Bill
As sports betting continues to expand in the United States, more and more states are trying to get the vertical legalized. One such battle is being waged in Vermont where an online sports betting bill moved closer to getting written into law. House Bill 127, which was recently introduced by Democratic Rep. Matt Birong and […]
Casino
March 27, 2023
Legal Battle Over POM Gaming Machines Heads to Pennsylvania Supreme Court
Law.com reported that the legality of gaming devices produced by Pace-O-Matic (POM), a company based in the state of Georgia, is set to be considered by the Pennsylvania Supreme Court. An appeal was made possible due to Pace-O-Matic discontinuing the lawsuit. The case will address open questions surrounding how Pennsylvania’s Crimes Code interacts with the […]
Blockchain
March 23, 2023
SEC Sues Eight Stars over Unlawful Crypto Promotion
On Wednesday, the US Securities and Exchange Commission (SEC) charged eight celebrities with the illegal promotion of Tronix (TRX) and BitTorrent (BTT) crypto tokens. The defendants allegedly used their social media presence to promote crypto investments to millions of followers without disclosing they were getting paid for their services. So far, six stars have opted […]
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 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 15, 2023
Kentucky Senate Committee Approves Betting Bill
Kentucky may soon legalize sports betting as a new bill continues to gain traction. House Bill 511 seeks to allow wagering on sports at the state’s horse racing tracks, bringing a new gambling vertical to the state. In addition, racing tracks would be able to partner with up to three online operators, allowing local customers […]