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Legal
July 1, 2020
Kenya Overturned Controversial Tax Paving SportPesa’s Way Back
The controversial tax on sports betting turnover in Kenya is already part of the history as President Kenyatta signed the 2020 Finance Bill Tuesday, despite some concerns he may not give his approval. National Assembly Approved, President Signed into Law The 20% tax on betting turnover was looking more than certain to be carried from […]
Legal
July 1, 2020
Chicago Casino One Step Closer Following a SB 516 Signed by Governor Pritzker
Following the signing of SB 516 by Governor J.B. Pritzker, Illinois is effectively receiving a new casino tax schedule. Under the new bill, tax revenue is separated between the city and the state. SB516 Was Signed into Law by Governor Pritzker Yesterday The Chicago casino is now one step closer to realization thanks to a […]
Legal
July 1, 2020
Sweden: 10 Gambling Companies Fail to Meet Consumer Protection Standards
Sweden’s gambling regulator, Spelinspektionen, has found out that 10 license holders in the country have failed to provide a license-mandated level of protection for vulnerable players. License Holders in Sweden Fail to Protect At-Risk Players According to Spelinspektionen, the Swedish Gambling Authority, licensed brands in the country have failed to create adequate consumer protection mechanisms, […]
Legal
June 30, 2020
Legislators: Horse Racing and Simulcasting Safe for a Year
Lawmakers in Massachusetts passed the bill that would place horse racing and simulcasting in the state on solid legal ground, at least until July 31, 2021, provided that H4817 that got to the St.Gov. Charlie Baker’s desk gets his approval Tuesday. Otherwise, both horse racing and simulcast wagering in the state will become illegal Wednesday. […]
Legal
June 30, 2020
CCC: Imperial Pacific Casino License Hanging by a Thread
The investment holding company engaged in the gaming and hospitality business Imperial Pacific International Holdings Limited (IPI) is facing turbulent times ahead as the Commonwealth Casino Commission (CCC), the regulator in the Commonwealth of the Northern Mariana Islands (CNMI) issued an ultimatum to the company. CCC Ran Out of Patience The gaming regulator ordered effective […]
Legal
June 30, 2020
Culinary Union Filed a Lawsuit Against Major Las Vegas Casino Industry Giants
The Culinary Union filed a lawsuit against The Signature at the MGM Grand, Guy Fieri Las Vegas at Harrah’s and Sadelle’s Cafe at Bellagio. According to the allegations, the operators did not take steps to protect their employees, employees’ families and the community from the COVID-19 outbreak in the state. Lawsuit Against Major Casino Industry […]
Legal
June 28, 2020
Las Vegas Casinos Face Lawsuit from the Culinary Union
The Culinary Union announced Saturday it will file a lawsuit Monday, June 29, on behalf of the workers at Las Vegas Strip casinos the union represents, against the respective casino operators. The union is suing the companies for injunctive relief under the Labor-Management Relations Act based on the hazardous working conditions that workers face. The […]
Legal
June 28, 2020
German Giant Wirecard Filed for Insolvency, Some $2.1 Billion Funds Missing from Books
Wirecard missing some $2.1 billion from its books, files for insolvency. Wirecard’s auditor, EY says that the company is involved in a multiyear sophisticated fraud. Germany’s Payment Processor Wirecard Involved in a Financial Scandal, $2.1 Billion Missing From Books The financial and payment processor Wirecard was involved in a multiyear fraud scandal that led to […]
Legal
June 26, 2020
Casinos in Nevada May Face Disciplinary Actions if Visitors Don’t Wear Masks
If Nevada casino operators fail to enforce the mandatory face masks order, they may face disciplinary actions by the Gaming Control Board. Disciplinary Actions May Be Introduced by Nevada’s Gaming Control Board The Nevada Gaming Control Board discussed possible disciplinary actions for operators which do not follow the rules for guests wearing masks within their […]
Legal
June 26, 2020
Experts Say BGC Exceeded Privileges in Redirecting $125m Funding
Redirecting $125 million to GambleAware “in a last-minute call” has prompted addiction experts in the UK to raise an alarm over the gambling industry’s clout in how money dedicated to stemming problem gambling is used. Gambling Firms Have Too Much Say in Directing Funding, Say Experts Following the news from a week ago that industry […]