Tag: Legality
Legality27 Feb, 2019 Stars Group’s recent acquisitions defy EU anti-trust laws?
The parent company of the world’s biggest poker brand, PokerStars, has recently been alleged by some European gaming industry watchdogs to break Europe’s anti-trust laws. The Stars Group (TSG) had acquired a slew of companies in recent times in the region and these moves were regarded a...
Legality22 Feb, 2019 KN Suresh fails to show up, Guj HC dismisses his appeal
The ongoing poker case in Gujarat High Court of poker’s legal status in the country has just seen a new development. KN Suresh, Indian Poker Association’s Secretary, had earlier appealed against the December 2017 ruling which stated that poker is a form of gambling. The matter was suppo...
Legality11 Feb, 2019 Gujarat HC adjourns 15-month long poker case again
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...
Legality08 Feb, 2019 Sports betting bill clears first hurdle in Indiana
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...
Legality08 Feb, 2019 Kentucky sees online poker bill submitted in House
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...
Legality06 Feb, 2019 Wynn Resorts reaches settlement with Nevada
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...
Legality06 Feb, 2019 DOJ’s rethinking of Wire Act receives backlash
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...
Legality06 Feb, 2019 Borgata to hunt Phil Ivey’s properties in Nevada
Ten-time WSOP bracelet winner and international poker celebrity Phil Ivey has been involved in a legal brawl with the famous Atlantic City Borgata Casino and Spa for using a technique called ‘edge-sorting’ in the game of Baccarat. He and his partner Cheung Yin Sun had earned a total of ...
Legality08 Jan, 2019 Filipino court issues warrant for Okada’s arrest
Kazuo Okada, Japanese magnate and former Chariman and CEO of Tiger Resorts Leisure Entertainment Inc. (TRLEI), has been in a fray for a long time. He was first accused by his former company Universal Entertainment Corporation on charges of corruption and fraud and was subsequently arres...
Legality31 Dec, 2018 Okada asks Filipino prosecutors to reconsider charges
Japanese business tycoon and ex-Chairman and CEO of Tiger Resorts Leisure and Entertainment Inc. (TRLEI) Kazuo Okada has sought reconsideration of his case with the Philippines Department of Justice (DoJ) earlier this month. Okada has been involved in multiple scandals in the past for w...
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