Legal
New NCLGS Framework Proposes Penalties for Playing on Illegal Online Gambling Sites
- January 21, 2015 By Oliver Young -
The National Council of Legislators from Gaming States (NCLGS) presented its new Policy Framework for Internet Gambling which was designed to be a guide to US states that are considering legalisation of online gambling or banning it completely. One of the statements regarding the framework was given by Helene Keley, the NCLGS President Rep. of […] Continue Reading
Property Tax is Affected by Casino Closings in Atlantic City
- January 20, 2015 By Samantha A. -
Casino closings have done a number on the property taxes that have to be paid now that no one is living in those spots. No one owns those areas of land, and many people didn’t think of how it was going to affect the area once no one was there and not doing business. This […] Continue Reading
Finance Manager Stole AU$7 Million to Fund Gambling Addiction
- January 19, 2015 By Oliver Young -
A finance manager from Sidney who was reported to have stolen more than AU$7 million from his company to satisfy his gambling addiction has finally run out of luck. Jason Graham Boatwright, the finance manager of ePay online payment service, has been finally arrested in Los Angeles after a three- year manhunt. He was then […] Continue Reading
Bills for Legalising Sports Betting and DFS in Indiana
- January 12, 2015 By Oliver Young -
Alan Morrison is an Indiana State Representative who introduced two separate bills whose main objective is legalisation of sports betting and daily fantasy sports in his state. The bills will be taken into consideration before it is known whether these changes will be accepted or not. Morrison gave his opinion on the topic for a […] Continue Reading
University of Nevada to Introduce Master’s Program in Gambling Regulations
- January 7, 2015 By Nemanja L. -
The University of Nevada-Las Vegas (UNLV) is set to become the first ever educational institution to offer a master’s degree program in gambling law and regulations, according to the latest reports. It is hardly surprising that UNLV already houses a number of courses linked to the gaming industry given that Nevada and Las Vegas in […] Continue Reading
The Price is Still Being Debated on Revel Casino
- January 5, 2015 By Samantha A. -
We already knew that the Revel casino went bankrupt and closed their doors last year. However, the person that won the casino in the auction cannot hold it because of their illegal, criminal past so the person that is going to win it is now the next one in line. They were the one that […] Continue Reading
Romania Increases Remote Gambling License Fees
- December 31, 2014 By Oliver Young -
According to Romanian Insider, the Government of Romania approved changes for regulations of remote gambling. The changes include switch in the currency and protection of minors as well as online gamblers from Romania. The president of the RNOG (Romanian National Office for Gambling) gave a statement concerning the changes. He explained that now Romania has […] Continue Reading
New York’s Gov. Asking to Reopen Casino Bidding
- December 29, 2014 By Samantha A. -
Governor Cuomo is asking the boards to reconsider opening up a casino throughout the Souther Tier of New York. They are hoping that this is going to boost the economy as a whole, providing the state and everyone with it to have a chance to flourish, allowing for better growth, more jobs and a little […] Continue Reading
US Treasury Introduce New Guidelines to Battle Illicit Sports Betting
- December 24, 2014 By Nemanja L. -
The US Treasury Department is set to introduce special guidelines for casinos in an attempt to further stamp out illegal sports betting and prevent illicit funds from moving through the country’s financial system. The Department’s anti-money laundering unit will require casinos to notify them of potential illegal Sportsbook wagers as they hope to stop billions […] Continue Reading
Casino Stocks Plunge in Macau With New Restrictions
- December 23, 2014 By Samantha A. -
Illicit transfers of funds through Macau, China are being attacked by the country’s Ministry of Public Security. Corruption had run rampant in this gaming industry for some time. The crackdown on this practice has pushed corrupt party officials to move outside the country. The problem did not end there, though, as these officials have continued […] Continue Reading