Events & Reports

Korean Regulator Slaps Record Fine on Major Game Developers over Gambling-Like Loot Boxes

Korean Regulator Slaps Record Fine on Major Game Developers over Gambling-Like Loot Boxes

Top South Korean game developers could challenge the recent decision of the country’s Fair Trade Commission (FTC) to fine them for misleading customers while promoting purchasable in-game items. News about South Korea penalizing some of its biggest gaming companies come amid a heating debate about whether the so-called loot boxes […]

by · April 2, 2018 · Events & Reports
Gov. Cuomo Refuses Bailout to Cash-Strapped del Lago Resort & Casino

Gov. Cuomo Refuses Bailout to Cash-Strapped del Lago Resort & Casino

New York State Gov. Andrew Cuomo said that he is not supportive of a state commercial casino’s bid for a bailout. The top lawmaker was among the proponents of the legalization of commercial casino gambling in the state a few years ago. Gov. Cuomo’s comments from earlier this week came […]

by · March 30, 2018 · Events & Reports
Popular Social Casino Constitutes Illegal Online Gambling in Washington

Popular Social Casino Constitutes Illegal Online Gambling in Washington

A US Court of Appeals judge ruled on Wednesday that Big Fish Casino constituted illegal online gambling under the Washington state gambling law. The recent court ruling could open Pandora’s box for the growing social casino sector, particularly in the US where online gambling is prohibited in most states. Developed […]

by · March 29, 2018 · Events & Reports
Is £1 Million Enough Punishment for SkyBet for Failing Self-Excluded Gamblers?

Is £1 Million Enough Punishment for SkyBet for Failing Self-Excluded Gamblers?

News exploded earlier today that Sky Betting and Gaming (SkyBet) has become the latest UK-facing operator to have been reprimanded by the Gambling Commission for social responsibility failures. One of UK’s largest gambling companies, formerly owned by broadcasting giant Sky, SkyBet was fined £1 million by the regulator for failing […]

by · March 28, 2018 · Events & Reports
Cash-Strapped del Lago Casino Seeks Financial Help from Capitol

Cash-Strapped del Lago Casino Seeks Financial Help from Capitol

Cash-strapped del Lago Resort & Casino in Finger Lakes, New York is seeking a tax cut from state lawmakers after missing its first-year gaming revenue goal by $100 million. Casino owners confirmed Tuesday that they have reached out to the Capitol to ask for assistance, but they did not specify […]

by · March 28, 2018 · Events & Reports
Borgata Motion for Summary Judgment Denied in Latest Installment of Phil Ivey Edge-Sorting Saga

Borgata Motion for Summary Judgment Denied in Latest Installment of Phil Ivey Edge-Sorting Saga

A US district judge denied Monday a request for summary judgment filed by Atlantic City’s Borgata Casino as the gambling venue seeks to sue card manufacturer Gemaco for knowingly supplying it with defective cards, Law360 reports. The playing cards were used by famed poker pro Phil Ivey back in 2012 […]

by · March 27, 2018 · Events & Reports
New Allegations Suggest Crown Fabricated Slot Machine Trial Story to Avoid Penalties

New Allegations Suggest Crown Fabricated Slot Machine Trial Story to Avoid Penalties

Pressure on Crown Resorts has grown as a new wave of evidence shows that the casino operator might have only stopped what it previously described as a “trial” of removing betting options on slot machines after complaints from patrons. A whistle-blower has told local news outlet ABC News that the […]

by · March 26, 2018 · Events & Reports
Belgium’s Constitutional Court Restores VAT Exemption on Online Gambling Services

Belgium’s Constitutional Court Restores VAT Exemption on Online Gambling Services

The Constitutional Court of Belgium annulled on Thursday a 2016 constitutional amendment under which online gambling operators were required to pay a 21% value-added tax on their Belgian operations. Belgium regulated its online gambling market in early 2010 when amendments to the Gaming and Betting Act of 1999 were published […]

by · March 23, 2018 · Events & Reports
UK Court of Appeal Rejects Ladbrokes Appeal in HMRC Tax Battle

UK Court of Appeal Rejects Ladbrokes Appeal in HMRC Tax Battle

The UK Court of Appeal rejected an appeal lodged by Ladbrokes in relation to the gambling operator’s decade-long £71-million tax avoidance battle with HM Revenue and Customs, City A.M. reports. The dispute relates to a 2008 tax scheme deployed by Ladbrokes and accountancy firm Deloitte that exploited a legal loophole […]

by · March 23, 2018 · Events & Reports
Philippine Immigration Officers on the Lookout for Japanese Casino Tycoon Kazuo Okada

Philippine Immigration Officers on the Lookout for Japanese Casino Tycoon Kazuo Okada

The Philippine Department of Justice has announced today that it has issued an Immigration Lookout Bulletin Order against Japanese businessman Kazuo Okada. The order was prompted by two criminal complaints filed by Tiger Resort Leisure and Entertainment, the operator of the Okada Manila casino resort, against Mr. Okada. In a […]

by · March 22, 2018 · Events & Reports
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