Gambling

Malta warns gambling operators from UK of Brexit Effect

Malta Gaming Authority (MGA) issued a warning to the gambling companies operating from the UK, bringing to attention that they need to make changes if they want to continue to hold a valid licence. To be able to obtain and hold a gambling licence in Malta, the gambling companies must be established in the EEA which means that they have to transfer their operations from … Continue

Spanish people protest against Betting Shops

In Spain, a number of citizens started a protest against the increasing number of betting shops. They are asking that instead of betting, people should do some other, more decent activities. Adrian Belaire, the spokesperson of the platform that organized the march, stated that the main goal of the protest was to set off a “constant, daily and committed struggle” to achieve “the end of … Continue

Sports Betting plans put on hold by a District of Columbia Judge

This Thursday, the Superior Court Judge Joan Zeldon granted the request of local citizens to put on hold a five year $215 contract awarded to Intralot to launch a mobile sports betting product. The first $30m installment for the no-bid contract was due on October 1, but that payment is now on hold. DC Resident Dylan Carragher was the one who challenged the contract in … Continue

The Rules of the Game and the Internal Rules – the special part

The gaming regulation and the internal regulation – the special part, proposed by the gambling organizers and approved by the Supervisory Committee of the National Office for Gambling, are mandatory documents when granting the exploitation authorization, for each type of gambling, which follows be organized and exploited. The Supervisory Committee of the National Gambling Office, after analyzing the Gambling Regulations and the special part of … Continue

The Panama 5.5% tax on gambling winnings is eliminated

Panama’s Gaming Control Board (JCJ) has announced that it will eliminate the controversial 5.5% tax on all gambling winnings, including player stakes, introduced by the country’s government in 2015. The regulator said it believed the move would be a boost to the country’s tourism sector and would attract more international players. In addition, the JCJ, a subdivision of the country’s Ministry of Economy and Finance, … Continue

Former Senator Ray Lesniak discusing legalization of gambling in US

The federal ban on sports betting was lifted by the US Supreme Court on May 14, 2018. Former New Jersey Senator Ray Lesniak was one of the people who pushed all the way New Jersey to be one of the first to legalize gambling. Now he wants to legalize the sports betting across the country. In an interview, Ray explained that he got involved in … Continue

Senate working on new sports betting law, NCAA has suggestions

The discussions for a US new federal sports betting law has been postponed for some time, leaving the states to deal with the issue. However, the National Collegiate Athletic Association (NCAA) has come to the conclusion that their best way to have a word on the matter might be in Washington D.C, and so a new bill is reportedly being worked on. Senators Mitt Romney … Continue

For Super Bowl Michigan’s Sports Betting Legislation is Ready

Michigan State Representative Brandt Iden is the active force behind the drive to legalize sports betting in the state by the Super Bowl. He said: “My goal is to have this up and running by the Super Bowl. Casinos are moving forward because they know it’s going to come to fruition at some point. If we don’t do this, we will continue to lose consumers … Continue

EU Money Laundering Directive Regulated in Romanian Legislation

In Romania, on July 21, 2019 was approved the Law no. 129/2019 for the prevention of money laundering and financing of terrorism, which transposes into national law two European directives, respectively, Directive (EU) 2015/849 regarding the prevention of use of the financial system for the purpose of money laundering or terrorist financing (“Directive 2015/849”) and Council Directive (EU) 2016 / 2.258 of 6 December 2016 … Continue

Thanks Iowa, Minnesota Gets Another Shot To Sports Gambling

When Iowa decided to authorize sports gambling this May did not know it will open a hive of yellowjackets. As the sports fans quickly pick up the activity, out of fear of losing revenue to its neighbor, Wisconsin is next in trying to put sportsbooks on solid ground in the state. Minnesota is watching fans gather to the frontier to place their bets and is … Continue

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