Thursday, August 5, 2021

Tag: Legal

Nick Harding launches Spray Lakes Consultancy

Nick Harding Spray Lakes Consultancy
As the industry prepares to emerge from lockdown Nick Harding has launched Spray Lakes, a knowledge hub that connects personally vetted experts with business owners seeking additional resource, insight and support.

Cutting through the red tape of compliance and AML

Parimatch Maksym Liashko AML Compliance
Legal parameters are shifting, and the key to progress is fluidity, argues Partner at international betting holding Parimatch, Maksym Liashko, who is...

Ladbrokes defends £1m payment to victims of problem gambler

problem gambler, LADBROKES
Ladbrokes has dismissed accusations of misconduct made by the Guardian newspaper in a report of the bookmaker repaying £975,000 stolen from five victims by a problem gambler, providing they did not “bring any complaint or make any report to any regulator.”

Overcoming corruption: Vietnam emerges as investable proposition

Vietnam
Vietnam’s booming economy, and newly liberalised approach to sports betting is pricking the ears of foreign firms. But how much of a deterrent should the country’s communist overtures and corrupt past be for the international investor?

Vietnamese police begin illegal gambling proceedings on high-ranking officials

IGT 169 APAC DPS VIETNAM
In preparation for foreign investment in the newly liberalised sports betting market, Vietnamese authorities have completed indictments of two high-level officials involved in the perpetuation of an illegal online gambling ring. Former director…

Monmouth Park sues US sports leagues for lost betting revenue

IGT 167 NAM DPS MONMOUTH
New Jersey’s Monmouth Park has filed to sue the major US sports leagues NFL, NBA and MLB for more than $150m, stating their interference in previous sports betting approvals was an act of perjury. Evidence given to a New Jersey District Court by the leagues in 2014…

Courtroom showdown expected for William Hill and Scientific Games

william hill eca nyx
Scientific Games has joined NYX Gaming Group in filing a lawsuit against William Hill, accusing the British betting giant of “undermining competition in the gaming industry” by blocking the former two companies takeover deal.   Scientific Games Corporation announced in September it planned to acquire NYX, whose board had backed the decision. In its suit filed last week in the District Court...

AGA-led coalition calls for repeal of sports betting ban

BBI - Sports Betting ban
With legislation to lift the federal ban on sports betting on the cards, the American Gaming Association has brought together “a perfect storm” of forces to keep the momentum going.   The American Gaming Association has established a coalition of opposing forces to aid in its efforts to overthrow the outmoded ban on US sports betting. Citing a “perfect storm” of opposition,...

Dutch iGaming bill still one year away

BBi - Dutch igaming bill
The Dutch Remote Gaming Bill is unlikely to be signed into law within the next 12 months, one of the bill’s architects has admitted.   Dennis van Breeman, programme manager for modernising gaming at the Ministry of Security and Justice, cited March’s parliamentary elections leading to a longer-thanexpected government formation as a cause for the delay. We aim at answering the Senate...

Spanish Supreme Court rules in favour of Codere

BBi - SPanish Supreme Court codere
In the online gaming legal battle between Codere and Pokerstars, the Spanish Supreme Court has ruled in favour of the former on the grounds of unfair competition.    the conduct of the defendant was not isolated, but was generalized in the market and fully tolerated by the competent administrative gaming authorities Spain’s highest Court partially ruled in favor of the lawsuit filed...

Australia moots PoC igaming tax

BBi - Australia PoC tax
Only days after Australia passed amendments to black out its online gaming market, the federal government has announced plans for Point of Consumption tax similar to that used in the UK.   At the end of March federal treasurer Scott Morrison said an agreement had been reached to start preparing for a uniform PoC approach across Australia, applied to all domestic...

53 footballers reported for breaching betting rules

Betting Business - Gambling Commission footballers breaching betting
The UK Gambling Commission has claimed that 53 footballers have been reported for breaching betting rules following an FOI request.   Pie-eating Roly Poly Goalies aside, 53 footballers have been reported for breaching betting rules over only an eighteen month period, according to the UK Gambling Commission. An FOI request revealed that the Sports Betting Intelligence Unit (SBUI) received 53 reports of...

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