News & Analysis as of

Casinos

Fox Rothschild LLP

At Stake - December 2024

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The Illinois Gaming Board (IGB) held its monthly meeting, its last meeting of 2024, on Thursday, Dec. 12, 2024. The meeting was hybrid with in-person accessibility for those who braved the cold at 160 N. LaSalle St., 5th...more

The Volkov Law Group

BIT Mining Bribery Scheme — CEO Directed Payments and the Cover-Up (Part II of III)

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In reviewing FCPA bribery fact patterns, it is a rare occasion when a company’s CEO is at the epicenter of the criminal conspiracy. In the BIT Mining case, standing atop all of the actors is the CEO Zhengming Pan, Bit...more

Allen Matkins

Sustainable Development and Land Use Update 12.5.24

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SB 684, which took effect on July 1 of this year, provides for streamlined, ministerial processing of certain residential projects in multifamily zoning districts consisting of no more than 10 single-family homes. The law...more

Proskauer Rose LLP

Three Point Shot - November 2024

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Ninth Circuit Does Flip Turn, Reversing Antitrust Case Against World Aquatics - In a decision that is making waves through the world of competitive swimming, the Ninth Circuit reversed a California district court’s grant...more

Troutman Pepper Locke

Missouri Legalizes Sports Betting

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Among the several provisions on the ballot in the recent election, Missouri citizens voted for Amendment 2, which will legalize online and retails sports betting. The amendment won by a small margin of less than 7,500 votes....more

Fox Rothschild LLP

At Stake- October 2024

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The Illinois Gaming Board (IGB) held its monthly meeting on Thursday, Oct. 24, 2024. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via livestream. Board members present at...more

Ballard Spahr LLP

FinCEN Issues Consent Order Against Card Club for “Fundamentally Unsound” AML Program

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The Financial Crimes Enforcement Network (“FinCEN”) has entered into a Consent Order with the Sahara Dunes Casino, doing business as the Lake Elsinore Hotel and Casino (“Lake Elsinore”).  The Consent Order describes Lake...more

Womble Bond Dickinson

New Market, Old Rules: United Arab Emirates Opens Doors to Gambling Industry with Regulations Similar to U.S. Jurisdictions

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The United Arab Emirates (UAE) is taking the plunge into gambling, with the publication of commercial gaming regulations and licensing materials. The good news for interested investors and licensees is that the regulatory and...more

Troutman Pepper Locke

Kentucky AG Clarifies Legal Status of Gray Machines and Risk-Free-Play Devices – Implications for the Industry

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Gambling machines in Kentucky have recently come under increased scrutiny following the enactment of House Bill 594, which amended the definition of “gambling device” under Kentucky law, effective June of last year. The law...more

Womble Bond Dickinson

The Importance of Retaining a Grandfathered Gaming Location in Nevada

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We have all heard the phrase location, location, location. In the context of gaming in Nevada, grandfathered locations refer to casinos or gaming establishments that have been allowed to continue operations under previous...more

Brownstein Hyatt Farber Schreck

Federal and State Regulators Increase Scrutiny of Casino AML Practices

Recent money laundering-related enforcement actions targeting casinos by both the U.S. Department of Justice (“DOJ”) and state regulators suggest increasing scrutiny of anti-money laundering (“AML”) compliance efforts within...more

Pillsbury Winthrop Shaw Pittman LLP

Department of Justice Settles with Las Vegas Casino for $130 Million

The settlement is the latest example of the agency’s enhanced criminal enforcement of money transmitting business and international money-laundering laws. The recent settlement is significant both in terms of its amount...more

Fox Rothschild LLP

At Stake - September 2024

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The Illinois Gaming Board (IGB) held its monthly meeting on Thursday, Sept. 12, 2024. The meeting was hybrid with in-person accessibility at 160 N. LaSalle St., 5th Floor Auditorium and via livestream. Board members present...more

Segal McCambridge

TortsCenter Podcast | Episode 5 | Higher Standards or Higher Stakes

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In this episode of TortsCenter, hosts Carla Varriale-Barker and Courtney Dunn welcome Jason Van’t Hof, the Vice President of Investigations at IC 360. Jason shares his extensive experience in monitoring integrity in sports...more

Ballard Spahr LLP

Nevada Gaming Control Board Alleges Casino AML Failures Based on Wagering of Customers Involved in Illegal Bookmaking

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The Nevada Gaming Control Board (“Board”) recently filed a complaint (“Complaint”) against Resorts World Las Vegas casino (“Resorts World”), alleging that, despite repeated red flags, Resorts World’s Anti-Money Laundering...more

BakerHostetler

When Is a Pay-to-Play Game Gambling?

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As of relatively recently, gambling was generally prohibited in the United States. You could visit a casino in places like Las Vegas, participate in some state lotteries, and buy tickets for charitable raffles, but options...more

Holland & Knight LLP

Finland Proposes Sweeping Reform of Gaming Market with Open Licensing System

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The Finnish government has unveiled a draft law proposing a major overhaul of the country's gaming regulatory landscape. The proposed system, targeted for launch in January 2027, would usher in a new era of open competition...more

Snell & Wilmer

Legal Battle Over Casino Development: Sault Ste. Marie Tribe of Chippewa Indians v. Debra A. Haaland

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In a recent judicial decision involving the Sault Ste. Marie Tribe of Chippewa Indians, the Tribe has faced a setback in establishing a casino near Detroit, Michigan. The case of Sault Ste. Marie Tribe of Chippewa Indians v....more

Royer Cooper Cohen Braunfeld LLC

When iLottery And iCasino Collide

When Pennsylvania’s Lottery Law created the state’s lottery in 1971, the internet was still a figment of Al Gore’s imagination. Fast forward half a century, the internet has become a digital battleground, where state...more

Cozen O'Connor

Broad Street Brief: Year-Round School Pilot to Begin This Fall

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Newest City Council Members Discuss First 6 Months in Office- Freshman City Council Members Nina Ahmad (At Large), Rue Landau (At Large), Nicolas O’Rourke (At Large), and Jay Young (District 5) discussed their first six...more

Brownstein Hyatt Farber Schreck

Supreme Court Denies Cert in Florida Tribal Sports Betting Case

Last week, in West Flagler v. Haaland, the U.S. Supreme Court dealt a major blow to opponents of online tribal sports betting, effectively affirming the D.C. Circuit’s rejection of a challenge to a compact between the...more

Cozen O'Connor

New York Note – Nonprofits, City Legislation, Rent Guidelines Board

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Mayor Adams has appointed a new Executive Director of the Mayor’s Office of Nonprofit Services, Johnny Celestin. Celestin most recently served as Deputy Director for the Mayor’s Office of Minority- and Women-Owned Business...more

Troutman Pepper Locke

Supreme Court Declines to Hear Challenge to Florida’s Gaming Compact – Solidifying States’ Rights to Regulate Gaming Outside...

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A gambling compact between the state of Florida and the Seminole Tribe of Florida, which allows for sports betting off tribal lands, will remain in place after the U.S. Supreme Court denied a petition for review filed by...more

Harris Beach Murtha PLLC

New York May Consider Expediting Downstate Casino License Process

New York Gov. Kathy Hochul is considering a bill that expedites the issuance of three New York City-area casino licenses. New York’s state legislature passed Senate Bill 9673 in the waning days of its recent session. The...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of June 17, 2024

Recent Developments: Michigan Targets Bovada, Illegal Online Gambling New York Passes Bill on Downstate Casino Licensing Swedish Study Asserts Link Between Tax Rate and Problem Gambling Michigan Targets Bovada, Illegal Online...more

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