UKGC Hits 32Red With £2M Fine Over Consumer Protection Violations
Online gambling firm 32Red has been ordered to pay penalties amounting to £2 million by the United Kingdom Gambling Commission (UKGC). Upon investigation, the UKGC found that 32Red, acquired by Swedish organization the Kindred Group in June 2017, failed to live up to its responsibilities to combat problem gaming and money laundering. What Exactly Did […]
Chinese Casino Investment Causing Tension in Cambodia
The city of Sihanoukville has traditionally been one of Cambodia’s premier seaside resort, and each year attracts thousands of tourists looking to enjoy its beautiful beaches, well priced restaurants, and diverse recreational and leisure activities. In recent years, the city has also experienced a huge increase in investment from the Chinese mainland, much of which […]
NY Sports Betting Bills Unlikely to Advance in 2018
In the aftermath of the recent Murphy v. NCAA Supreme Court ruling, which invalidated the federal ban on sports betting, New York was expected to become a leading state in the race to legalize betting on sports. However, for a variety of political reasons, efforts to pass the necessary legislation through the state Assembly and […]
UK Government Delays FOBT Maximum Stake Reduction Until 2020
In May, the UK government responded to pressure to reign in the country’s fixed odd betting terminals (FOBTs) industry by reducing the maximum allowable stake on these machines from £100 per spin to just £2. The decision was made in order to address the highly addictive nature of these machines and growing concern over rising […]
Hennigan Wins 5th WSOP Bracelet, Ivey Competing at $50k Poker Players Championship
Thirty out of seventy-eight official gold bracelet events have been completed so far at the 2018 WSOP, with the pros riding high in Las Vegas after adding further to their existing bracelet tallies. Counted amongst their numbers are Elio Fox, Nick Petrangelo, Justin Bonomo, Joe Cada, Paul Volpe and Brian Rast, while the latest professionals […]
Michigan House Passes Lawful Internet Gaming Act
The Michigan House of Representatives passed the Lawful Internet Gaming Act in a 68-40 vote on Tuesday, June 12, 2018. This bill, also called HB 4926, outlines a framework for regulated online casino and poker games within the state, but must still must go through a vote in the Michigan Senate and be signed by […]
Insider-Trading Case Against David Baazov Dismissed
The legal charges against former Amaya CEO David Baazov were thrown out of court on Wednesday, June 6, 2018. Baazov had been suspected of insider trading in connection with the 2014 acquisition of global online poker leader PokerStars by Amaya (now known as The Stars Group). The case was dismissed following the prosecution’s improper sharing […]
