Tag: Law

regulations-and-rules

UK Government Rejects Plan to Regulate Crypto as Gambling, Prioritizes Financial Regulation to Foster Crypto Hub Ambitions

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The UK is at a crucial point in its endeavor to become a prominent crypto center while protecting investors and managing risk. In a landmark move, the government of the United Kingdom has categorically rejected legislative measures to regulate cryptocurrencies as gambling. Instead, it is intent on treating crypto assets as financial instruments, arguing that […]

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FIFA Ultimate Team Packs Declared Gambling by Austrian Court

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In a recent ruling by a minor court in Austria, FIFA Ultimate Team (FUT) packs have been deemed to be a kind of gambling, which is against the country’s strict regulations. This move was taken after several players filed a lawsuit against the FUT system, arguing that it was unfair and depended on chance. The […]

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Regulations-rules

Curacao Planning for New and Stricter Gambling Regime by March

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Currently, Curacao is the most accessible and trustworthy international gaming jurisdiction for launching new gambling ventures or expanding the reach of existing ones. Curacao has become the most well-known and in-demand international licensed solution in the whole globe as a result of its lack of share capital requirements, its speedy licensing procedure, and its low […]

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Alabama Cracks Down on Three Casino Operations

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Due to a judgment handed down by the Alabama Supreme Court on Friday morning, gaming at three casinos in the state may soon be forced to cease. According to a recent majority decision by the Alabama Supreme Court, VictoryLand Casino, White Hall Entertainment, and Southern Star Entertainment are all in violation of state law by […]

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sports-betting

North Carolina Sports Betting Plans Rejected

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Plans to bring sports betting to North Carolina have recently hit an obstacle that effectively puts the state back on the waiting list. A vital piece of sports betting legislation that, if passed, would have authorized the activity across the state was shot down in the House of Representatives by a razor-thin margin. The vote […]

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Star Entertainment on The Spotlight Over Violations

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Star Entertainment, a major gaming and hotel company, has come under fire for several transgressions. Recent allegations indicate that it may have violated criminal, business, and gaming laws. By putting up its controversial China UnionPay program, Star Entertainment has been accused of infringing both gambling and criminal legislation in NSW, as well as the Corporations […]

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macau

Macau Casino Operators’ Licenses Extended for Six Months

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The government of Macau through the Secretary for Economy and Finance Lei Wai-nong, has recently issued a reminder regarding license renewal to the territory’s casino operators. Licenses for the existing casino operations were set to expire on June 26 but this is, thankfully, not going to be the case. The Macau gambling regulator’s announcement on […]

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