Legal
Legal
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AGA Makes Case for Why Federal Sports Betting Ban Should Be Overturned
To commemorate the 24th anniversary of the Professional and Amateur Sports Protection Act (PASPA) that has driven billions of dollars in illegal bets since 1992, the American Gaming Association has released a list of the 24 reasons the federal ban should be overturned. “Americans have...
By Michael -
DraftKings and FanDuel Want Back Into New York
Two of the world’s foremost companies on the front-lines of daily fantasy sports want back in to the state of New York. DraftKings and FanDuel plan to appeal a court ruling that effectively banned the sites from operating in the Empire State. According to Crains...
By Michael -
FTC Asked to Investigate Daily Fantasy Sports
The increasingly complicated world of daily fantasy sports betting may be about to get even more complicated. According to the latest reports out of New Jersey, requests are being made for the Federal Trade Commission to look into this emerging and highly controversial industry. NorthJersey.com is reporting that the FTC has “has the authority to … Read More
By Michael -
NJ Division of Gaming Enforcement Releases Report on Amaya’s Acquisition of PokerStars and Full Tilt
On Monday, PND reported that the New Jersey Division of Gaming Enforcement has just released an lengthy report that utilizes some 89 pages to comprehensively chronicle its investigation of Amaya Gaming’s high-profile buyout of PokerStars and Full Tilt “and the possibility of issuing the company a Transactional Waiver Order – essentially a probationary license – … Read More
By Michael -
Mobile Gaming Boom Helps Remove Bingo Ban in Minnesota
According to local reports out of Minnesota, the popularity of mobile gaming on smartphones and tablets maybe be taking away substantial interest from state-focused and regulated games. As a result, officials in Minnesota may be compelled to act in bold ways to win back some lost attention. “The game of bingo has been having a … Read More
By Michael -
Lobbying for Restoration of the Wire Act Intensifies
In their ongoing efforts to restore the Wire Act, and once again make state regulated online gambling illegal—Sens. Lindsey Graham (R-S.C.) and Marco Rubio (R-Fla) introduced an accompanying bill to RAWA (S. 1668). The unlikely advocate, Las Vegas Sands Chairman Sheldon Adelson is still one of the bills most passionate vocal and financial supporters. The … Read More
By Michael -
IRS Wants to Use Casino Marketing Tool to Track Player Winnings
Among a casino’s most powerful marketing tools are, undoubtedly, their rewards and comps programs. Such programs reward gamblers by their frequency of visits to the casino and frequency of gambling. This means that player comp cards provide an in-depth log of gambling activity for each casino. Currently, if a player wins more than $1,200, a … Read More
By Michael -
Mississippi Lays the Smack Down on Online Gaming
Mississippi didn’t miss a beat at handing online gambling its lunch. According to CS Report, lawmakers in the state who wanted to user in an era of regulated online gaming for lottery and sports betting have effectively been rebuffed. Chairman of the Mississippi House Gaming Committee, Rep. Richard Bennett created the Internet Gaming and Sports … Read More
By Michael -
Quebec Tries to Blacklist Illegal Online Gambling
Government officials in Quebec have decided they have had their fill of illegal online gambling. Illegal online gambling, the new mainstream for gamblers, has been taking a toll on Quebec’s legal online gambling and officials are attempting to say enough is enough. To create this blacklist, Quebec is budgeting money to mainstream blocking of any … Read More
By Jerry Jascoviak -
Rumble in the Desert: Lawyers Say Caesars Entertainment’s Buy of Caesars Acquisition Company Could Sheer Shareholders
As everyone knows, things are getting dicey in casino paradise. Now shareholder rights attorneys at Robbins Arroyo, LLP are investigating the proposed acquisition of Caesars Acquisition Co. by Caesars Entertainment Corp. Just before the holidays, the two companies made an announcement that they had signed a “definitive merger agreement.” Under the terms of the agreement, … Read More
By Michael
