Legal  & Regulatory news sponsored by Sportradar

As the country’s gaming ministers consider prohibiting bets on matches involving the Pakistan cricket team, Australia’s National Rugby League (NRL) has called in the New South Wales Police to investigate suspicious betting activity on a match involving the North Queensland Cowboys and the Canterbury Bankstown Bulldogs.

Two online gaming payment processors in the United States agreed Tuesday to forfeit more than $13m of online gambling funds related to PokerStars and other US facing operators, as part of a settlement with the New York District Attorney's Office.

Cricket has found itself at the centre of a media storm this week as the International Cricket Council and London’s Scotland Yard investigate allegations that four Pakistani cricket players may have been bribed to fix incidents during the fourth and final Test match against England at Lord’s this past weekend.

The state government of Lower Saxony in Germany has joined the government of Schleswig-Holstein in calling for an amended State Treaty on Gaming which would lift some of the restrictions currently imposed on state-controlled and private gaming operators. But with supporters of the current State Treaty perpetuating unsubstantiated claims about crime and gambling addiction, consensus amongst all 16 states appears as distant as ever.

The Greek government has unveiled proposed legislation to regulate the country’s online and machine gaming market, admitting that the current system has created a contrary situation to the desired effect, while at the same time depriving the state of much needed revenues.

Online betting exchange operator Betfair is to launch a multilateral trading facility for Contract for Differences (CFDs) via its subsidiary LMAX, in which Goldman Sachs has recently acquired a stake, following approval from the UK's Financial Services Authority (FSA).

Having fulfilled all regulatory requirements, Inspired Gaming Group (INGG) has been granted authorisation from Italy’s regulatory authority AAMS to deploy its open video lottery platform for the new Italian VLT market alongside local partner Sisal.

The U.S Attorney's Office for the Western District of Missouri has confirmed that two more Kansas City residents have pleaded guilty in a federal court for their role in conducting an illegal online gambling business targeting the U.S market, part of the same operation that has seen seven others convicted this year.

The Dutch government is expected to announce that online poker is to be legalised under a non-exclusive licensing system, based on the recommendations of the Online Gaming Advisory Committee established by the Ministry of Justice.

With Victoria's new wagering licence holder expected to be confirmed later this year, the Australian state government has introduced legislation into Parliament which would change the effective tax rate for premium customers who spend in excess of AUD$3m per year, while also offering a large financial boost to the Victorian racing industry.

GIQ Magazine Digital Edition