In This Issue:
- “NO MORE BETS”: ONTARIO COURT OF APPEAL DISMISSES “FLOATING BALL”1 CASE:
“The process of removing a floating ball from the wheel, declaring a ‘nospin’, and rendering all bets void has no substantive impact on the fairness or integrity of the game of roulette vis-à-vis the players. This is because of the nature of the game as a true game of chance and, to some extent, because of the house advantage. The existence of a floating ball renders the spin a nullity, but it does not disadvantage the players. In these circumstances, I see no basis for distinguishing floating balls from other irregularities that necessitate stopping the game.” – Simmons, J.A. at para. 86 of Moreira
- DETROIT CASINOS’ FEBRUARY REVENUES DECREASE FROM SAME MONTH LAST YEAR: MICHIGAN GAMING CONTROL BOARD RELEASES FEBRUARY 2013 REVENUE DATA:
The Michigan Gaming Control Board (“MGCB”) released the revenue and wagering tax data for February 2013 for the three Detroit, Michigan, commercial casinos. The three Detroit commercial casinos posted a collective 13.67% decrease in gaming revenues compared to the same month in 2012. Aggregate gross gaming revenue for the Detroit commercial casinos increased, however, by approximately 4.8% compared to January 2013 revenue figures, continuing the increase in revenues between January and February in 2012...
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Topics: Breach of Contract, Casinos, Gambling, Misrepresentation, Negligence, Revenue, Unjust Enrichment
Published In: Art, Entertainment & Sports Updates, Civil Procedure Updates, General Business Updates, International Trade Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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