Gambling

News & Analysis as of

Time for New Casinos in Italy?

New casinos might be established in Italy creating new opportunities also for private investors in a country where at the moment there are only 4 casinos. ...more

UK: Budget Announcement – Introduction of a Horserace Betting Right

On 18 March 2015 Chancellor of the Exchequer, George Osborne MP, announced that the Government would bring forward legislative proposals to replace the existing statutory Horserace Betting Levy with a new Horserace Betting...more

Dutch judge: online operator does not have to refund gambling losses

Through its website, the remote gambling operator gave the opportunity to participate in remote games of chance. Now that it is still not legally permitted to offer remote games of chance targeted to the Dutch market, the...more

UK: DCMS publishes its findings on the interplay between “lotteries” and “betting”

The Department of Culture, Media and Sport, the Government department responsible for the oversight of the gambling industry has published a report following a recent Committee hearing. This follows the Call for Information...more

Draft Spanish Royal Decree on gambling advertising activities

Yesterday the Spanish Gambling Authorities (Dirección General de Ordenación el Juego– “DGOJ”) published the draft version of the Royal Decree on gambling advertising activities. ...more

Manhattan U.S. Attorney Prevails in Securities Fraud, RICO Case

The SEC has brought a series of investment fund fraud and Ponzi schemes. Indeed, the Commission has brought so many of these cases in recent years they have become a staple....more

No Game Changer for Fantasy Sports in Washington

Based on their interpretation of Washington state gambling laws, many fantasy sports game operators do not allow players from Washington to participate in pay-to-play fantasy sports games. Game operators and players alike...more

“Surviving” the Madness: Are Paid-Entry Survivor Contests Legal?

The field is set, the brackets are in, and the players are ready. Welcome to March Madness, also known as America’s Least Productive Month. And much to the NCAA’s chagrin, it’s also peak gambling season—the American Gaming...more

The Netherlands: resignation of founder Dutch Remote Gambling Act

This week, the Dutch State Secretary for Justice, Mr. Teeven, has resigned for political reasons. Now that Teeven was the founder of the plan to reform the Dutch games of chance market, the impact of the resignation on the...more

Portugal: new gambling laws approved

Further to the recent developments and discussion on the online gambling and gambling related activities legal framework, the Council of Ministers approved, on 26 February 2015, new gambling regulations....more

UK: Parliamentary summary of fixed odds betting terminals published

A House of Commons Library Standard Note has been published setting out information on fixed odds betting terminals, which are electronic machines, sited in betting shops, containing a variety of games, including roulette....more

Charities and Gambling

Most gambling is illegal in Virginia. Seeking creative means to raise money for laudable purposes, legitimate Virginia charities sometimes venture into dangerous waters in the belief that their philanthropic goals insulate...more

Colorado Bill Targets Internet Sweepstakes Cafés and Similar Establishments

Colorado House Bill 1047 would make internet sweepstakes cafés illegal under Colorado law. The law declares that internet sweepstakes cafés and similar establishments in which simulated gambling devices are used to award...more

Saving to Win Big: Prize-Linked Savings Accounts Are the Newest Promotional Trend

It’s a lottery where you can’t lose, but is it legal? A growing promotional trend being utilized by financial institutions such as banks and credit unions is the offering of prize-linked savings (PLS) products, which provide...more

Further Amendments to the British Licence Conditions and Codes of Practice (LCCP)

The Gambling Commission has recently published an updated LCCP, incorporating new and updated social responsibility measures introduced as a result of the Commission’s consultation last year. The new version of the LCCP will,...more

Groundbraking new gambling rules upcoming

The Italian Government is expected to outline on the 20th of February 2015 a new package of gambling rules that might considerably change the market. ...more

GB: Gambling Commission closes the book on social gaming regulation…for now.

The topic of social gaming and, particularly, whether “casino-style social gaming” should be regulated has received a lot of attention in the last 2-3 years. Various studies were commissioned including notable studies...more

GB: Gambling Commission moves to strengthen social responsibility requirements

The Gambling Commission has published its response to the LCCP social responsibility review and a new version of the LCCP has also been published in light of this review....more

Singapore: Remote Gambling Act comes into force

The Remote Gambling Act came into force in Singapore on 2 February 2014. On the same day hundreds of online gambling sites were blocked by internet service providers in Singapore. Payment transactions related to unlawful...more

Case By Case

Bait-and-Switch Credit Card Offer - In a variation on the typical “bait-and-switch” scheme, a bank made a promotional offer of a “no annual fee” credit card, then changed the terms mid-year to require such a fee. A...more

Seattle Seahawks Headed for a Second Straight Super Bowl Victory? Yes, According to Unemployment Statistics; No According to...

Predicting the Super Bowl victor used to be easy. You just looked at the city with the lower unemployment rate and who Elijah that lovable orangutan picked and you called it a day. Elijah had picked seven straight Super...more

Betting Integrity: Study seeks to understand which betting products lie at the heart of the matter

An interesting study has just been published by the Asser Institute, which looks at whether any empirical evidence can be found to support the views expressed by certain gambling and sports regulatory bodies that the major...more

The future of sportsbetting after Stanleybet decision

The decision of the European Court of Justice in the Stanleybet case might affect the future of the Italian sportsbetting market during a period when CTDs are still on time to “cure” their status....more

Spain: New deadline for renewal of singular gambling licenses

The Spanish Gambling Authority (Dirección General de Ordenación del Juego-DGOJ) has just published (16 January 2015) a guideline with the procedures for the renewal of the singular gambling licenses that where granted in 2012...more

Sports, Media and Entertainment Intelligence - January 2015 (Global)

UK: World Anti-Doping Agency announce collaboration with Pfizer - On 3 December 2014, the World Anti-Doping Agency announced a global collaboration agreement with American pharmaceutical corporation Pfizer Inc, aimed at...more

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