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Rating Agency Developments

On November 28, DBRS released its general corporate methodology. On November 28, DBRS released its methodology for rating companies in the gaming industry. On November 26, DBRS released its methodology for rating Canadian...more

Poland: Consequences of proposed amendment to Polish Gambling Act for foreign operators

On 21 October 2014, the Council of Ministers considered a draft amendment (version as of 17 October 2014) to the Polish Gambling Act dated 19 November 2009 which envisages a new opportunity for foreign gambling operators to...more

SPAIN: Finally the market is re-opened

Today has been published in the Spanish Official Gazette the resolution launching the call for tender for obtaining new general licenses for exploiting gambling activities in Spain....more

Regulatory Issues in Layaway Ticket Sales

The economic downturn and great recession decreased consumers’ disposable income, made consumer borrowing more difficult and soured public opinion against borrowing and amassing credit card debt. Combating this downward trend...more

Insolvency In The Fashion Retail Sector: The Risks And The Opportunities

In this article on the changing landscape of UK fashion retail, we consider the challenges and changes faced by the industry and comment on the opportunities available for existing players and potential new entrants to the...more

Hut, Hut, Hike! Investors Buying Stock In NFL Player Through First Fantex IPO

On April 28, 2014, shares of Fantex, Inc. (Fantex), which are linked to the performance and earnings of Vernon Davis, star tight end of the San Francisco 49ers, were sold to the public. Other professional football players for...more

Casino AML Compliance Update: Las Vegas Sands Corp. Places Macau Casino Junkets Under Increased Scrutiny.

On April 4, 2014, Bloomberg reported that the Las Vegas Sands Corp. (“Sands”) has increased its scrutiny of casino junket operators in Macau. The decision comes as casinos seek to meet the increased demands of federal...more

"Chain" versus "Independent" A View from an Operator of Independent Hotels

In recent years, the topic of "brand versus independent" has become increasingly popular. Every industry conference has a panel titled the same, numerous articles - and blogs - are being written on the topic by every...more

The intersection of perk-based and securities-based crowdfunding, and defining the "issuer" under Proposed Reg CF -- financing for...

In the world of perk-based crowdfunding, film and entertainment projects have been some of the most successful projects. But perk-based financing has its limits even in this glamorously attractive industry. Today my fellow...more

Turkey: The authorities launch a tender for the privatization of the lotteries

The Turkish authorities have published today an announcement regarding the privatization of their lottery services (Official Gazette w. no. 28833)....more

Gaming Legal News - November 2013 • Volume 6, Number 25: Investment – Why Bulgaria?

The strategic geographical position of the country and the membership with the European Union provide a wide range of investment opportunities in Bulgaria not only for local, but for foreign investors as well. The advanced...more

Appendix - Opening-up Measures for Service Sectors (China)

Please see full chart below for more information....more

12 months gaming ban, is it a joke?

The Italian gaming market has suffered a period of high tension today when the Italian Parliament has approved a motion instructing the Goverment to urgently ban for 12 months both online gaming and land-based gaming systems...more

The Most Profitable Baseball Team Of All-Time And Commitment To Ethics And Compliance

Sorry to interrupt my three-part series on the greatest ethics and compliance article ever written but I just could not help myself. On Monday, forbes.com, in an article entitled “2013 Houston Astros: Baseball’s Worst Team Is...more

Does A Radio Station Have Goodwill?

A recent Claims Court case addressed whether a radio station's assets include goodwill....more

Currency Exchanges: Why They Are Needed and How To Avoid A Pitfall

Executive summary - ..Currency exchanges are needed during the production of most films and some television programmes ..That can result in a currency loss or gain ..Financiers need to be sure any...more

Gaming Legal News - June 13, 2013 • Volume 6, Number 13

In This Issue: - RICHARD KALM REAPPOINTED MGCB EXECUTIVE DIRECTOR: Richard Kalm, whose appointment as Executive Director of the Michigan Gaming Control Board was set to expire this year, has been appointed by...more

Mississippi Enacts Academic Research Rebate Legislation and Expands Existing Motion Picture Production Rebate Program

Mississippi recently enacted two pieces of legislation that should encourage private investment in the state. The Strengthening Mississippi Academic Research Through Business (SMART Business) Act (House Bill 826), which...more

Gaming Legal News - May 23, 2013 • Volume 6, Number 12

In This Issue: - NINTH CIRCUIT DEMANDS INTERIOR EXPLAIN GLENDALE TRUST DECISION: The U.S. Court of Appeals for the Ninth Circuit has required the Secretary of the Interior to reconsider a decision to accept an...more

Gaming Legal News - February 13, 2013 • Volume 6, Number 4

In This Issue: - DOLLARS IN, DOLLARS OUT: DOES IT MAKE “CENTS” FOR TENNESSEE TO FURTHER LEGALIZE GAMBLING IN THE STATE? Uniquely situated in the mid-south, the state of Tennessee and its “three grand divisions,” or...more

Reduced Interchange Fees in China Effective February 25, 2013

The ten year-old regime governing merchant fees in China is about to change – and the fees are, in general, about to be reduced by one-fourth or more....more

Fundamentals of Negative Pickup Financing Contracts

Negative Pickup Financing accords film producers a medium to procure financing for their motion picture. Unsurprisingly, such method of financing is replete with perils for the unwary and in the process the producer might...more

Around the Virtual World - May 28, 2012

A weekly wrap up of interesting news about virtual worlds, virtual goods and other social media. In This Issue: - PlayStudios launches myVegas social casino games with MGM - American Express launches FarmVille...more

Gaming Legal News - April 18, 2012 • Volume 5, Number 9

In This Issue: TORONTO CASINO UPDATE by Michael D. Lipton, Q.C., Kevin J. Weber, and Jack Tadman As we first reported in January, the movement towards a Toronto casino continues apace. As we anticipated in our...more

What Are Some Basics of Investor Motion Picture Financing?

Procuring and securing financial backing from investors constitutes the sine qua non of entertainment deals. in fact, lack or dearth of money is translated into death knell of the deal especially a motion picture project....more

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