Addressing a press conference on Thursday, i.e. yesterday, Goa’s Congress President Girish Chodankar slammed the ruling BJP-led coalition government of not keeping its promise of implementing a complete ban on casinos in the popular Indian state. “The Law Commission of India’s report ti...
“I wanted to go all in on gambling last year,” NASCAR executive Steve O’Donnell said. The company, National Association for Stock Car Auto Racing, Inc. (NASCAR) has decided to offer sports betting and will now be on every sportsbook in Nevada and beyond. This was long overdue for NASCAR...
The South American country of Brazil has time and again tried to liberalize its gambling industry. Some lawmakers in the past have submitted bills relating to this but all have failed to make the necessary changes to laws. In a similar effort, Brazilian democrat Paulo Azi has submitted ...
In December 2017, the High Court of Gujarat had ruled that the game of poker is a form of gambling and cannot be allowed to run within the state. This ruling received plenty of backlash from the poker community of the country. Among the backlashes was an appeal against this ruling in th...
One of the leading names in the Indian stock market industry is undoubtedly Rakesh Jhunjhunwala. The ace investor and businessman is currently the largest individual investor in the domestic equities market. The Economic Times referred to him as the ‘Pied Piper of Indian bourses...
On Wednesday afternoon, American time, a major hurdle was cleared in the way of Indiana’s pursuit of legalizing sports betting. The bill, called Senate Bill 552, is authored by Republicans Mark Messmer and Jon Ford and calls for two casinos in Gary, Indiana to relocate and legalize spor...
Kentucky, a majorly conservative state in the United States, has tried in the past to legalize online gambling but it did not amount to anything. However, a recently introduced bill in the House could possibly be the start of positive things to come for the industry in Kentucky. Republi...
The American publicly-traded company, Wynn Resorts, has reached a settlement with the authorities of Nevada over Wynn Resorts’ founder and ex-Chairman Steve Wynn and the sexual misconduct allegations levelled against him in early 2018. The Wall Street Journal (WSJ) reported in January 2...
Recently, the US Department of Justice (DOJ) reinterpreted the 1961 Federal Wire Act, which bans using wire transfers to facilitate wagers and bets, including online gambling too. Sheldon Adelson was the main proponent of the reinterpretation and was also the major stakeholder since his...
The US state of Virginia is all set to allow land-based casinos to operate in its region, along with legalizing sports betting. A Virginian Democratic Senator by the name of Louise Lucas introduced a bill called SB 1126, detailing legalization of casino gaming in the state and the Senat...
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