The International Olympic Committee (IOC) has agreed on a number of recommendations designed to protect the integrity of sports from betting manipulation and to ensure a fair contribution to sports from betting, following a seminar Thursday with representatives of the betting industry and public authorities.
Legal & Regulatory News
Penn National Gaming has filed suit in New Jersey against its joint venture partner Greenwood Racing in an attempt to force it to develop an Off-Track Wagering (OTW) location in Camden County, New Jersey.
The Remote Gambling Association (RGA) and the European Gaming and Betting Association (EGBA) have joined forces to lodge a joint complaint to the European Commission, claiming that the recently adopted Belgian gambling legislation is non-compliant with EU law as its places unacceptable barriers to new entrants seeking to offer online gambling.
New Jersey lawmakers have called for a gaming summit involving politicians, industry leaders and policy experts to help craft a constitutional amendment that would include comprehensive solutions for maximising revenues from sports betting and internet gaming in order to reverse the fortunes of the state's dwindling gaming industry.
The Australian government said Wednesday that it does not support the liberalisation of online gambling, including online poker, despite the recommendation of the Productivity Commission in its final report on gambling. The government said however that it will examine the regulatory approach taken by other countries with a similar stance such as the United States and its controversial UIGEA.
After more than two years of debate, the Austrian National Assembly approved new gaming legislation Wednesday, despite strong criticism by some lawmakers of its failure to adequately address the issue of player protection or to regulate online gaming.
French Finance Minister Francois Baroin is facing criticism from lawmakers in the National Assembly for failing to back his strong words with action to fight illegal online gambling providers who continue to operate in the country, with online poker giant PokerStars singled out for particular attention.
Australia's Federal Court has awarded Paddy Power's Sportsbet more than AUD$2m after ruling that the refunding of race fees charged by Racing NSW to the state's largest betting operator, TAB Limited, discriminated against interstate bookmakers such as Sportsbet, licensed in the Northern Territory.
The remote gaming licensing jurisdiction of Kahnawake is continuing efforts to align itself with well regulated international licensing regimes, announcing Thursday a unique inter-jurisdictional recognition agreement with the white-listed Financial Services Regulatory Commission for Antigua and Barbuda.
The government of the German state of Schleswig-Holstein has unveiled its proposal for a replacement to the current State Treaty on Gaming which expires in December 2011, proposing a lifting of marketing restrictions and the licensing and regulation of online gaming.