The Iowa Senate approved a gambling bill Wednesday that authorises advance deposit wagering on horse races and calls on the administrator of the state racing and gaming commission to investigate the possibility of intrastate online poker.
Legal & Regulatory News
Horse racing is back in the spotlight this week after a number of alleged race fixing incindents were identified, with the British Horseracing Authority expected to soon bring charges against five licensed jockeys, while in Australia, a betting scandal involving a jockey has been unearthed by online betting exchange Betfair.
Norwegian authorities have ordered Sweden’s Cherryföretagen to cease marketing and offering its EuroLotto.com product to Norwegian citizens.
Harold Lovell, Antigua’s Minister for Finance and the Economy, has weighed in on the furore surrounding the closure of the leading US-facing online poker sites, describing the move as a “violation of international law”.
Italian gaming authority AAMS announced last week that it is adding virtual games to the list of authorised products available to licensees.
The closure of the biggest US-facing online poker sites by the Department of Justice has been grabbing the headlines in recent days, but European operators may soon have more good news to cheer closer to home as the German state of Schleswig-Holstein looks set to force through its Gaming Act, a move that would leave the rest of Germany with no gaming legislation.
11 founders indicted. 75 bank accounts seized along with domain names. Manhattan U.S. Attorney says defendants charged with money laundering, bank fraud and illegal gambling offences.
The Autonomous Community of Valencia, Spain, has approved new gambling regulations to govern sports betting and remote gambling.
While gaming revenues in Nevada continue to fall, down 7 per cent to $881.8m for the month of February, the state’s Assembly Judiciary committee has passed an amended bill which would create a licensing system for gaming operators to provide online poker to the residents of Nevada or any other jurisdiction where online poker is not prohibited.
Ahead of November’s referendum to amend the New Jersey constitution which would provide the state with the authority to establish a sportsbook at casinos and racetracks, a new study has shown that 53 per cent of respondents are in favour of legalising sports betting.
Ten defendants including a former assistant coach at the University of San Diego and the university’s all-time leading scorer have been indicted on charges of conspiring to bribe National Collegiate Athletic Association (NCAA) Division college basketball players to alter the outcome of games in order to profit by betting on the games at Las Vegas casinos.