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Gambling Law & Society News (1278 articles)

Resignation of German Sports Betting Advisory Council

The unsuccessful licensing process in Germany has once again become a focal point as the German Sports Advisory Council ends its cooperation with the State of Hessen Ministry of the Interior and Sports. Deutsche Sportwettenverband (DSWV) revealed the resignation of a senior representative of the Sports Advisory Council (SAC) as he does not support the Betting...

Gambling Law & Society News

OPAP Offered Sole Licensing for Horse Race Betting

HRADF, Greek government privatization agency, has offered former government gambling monopoly, OPAP, a contract to acquire sole licensing for horse racing betting. According to the Reuters news agency, this arrangement comes after HRADF announced plans to sell exclusive betting rights to OPAP. Before privatization, OPAP operated horse racing betting in Gre...

Gambling Law & Society News

666Bet Customers Still Waiting on Repayments

Deceived customers of 666Bet are still hoping to get their personal funds back after the UK Gambling Commission (UKGC) suspended the operator’s license on an interim basis in order to review its status. 666Bet claims this is the reason for it not being able to return funds to its customers. The company’s director Paul Bell was arrested last month in relation t...

Gambling Law & Society News

Paddy Power Removes Offensive Tweet

Paddy Power has earned a reputation for extreme marketing but this week the company may have pushed the envelope a bit too far on Twitter, which was subsequently removed. Prior to the Newcastle vs. Live...

Gambling Law & Society News

666Bet Players Start a Petition to Get Paid

Following the suspension of its gaming license by the UK Gambling Commission, it seems that Metro Play’s 666Bet is experiencing delays in paying out hundreds of players. Disappointed players have taken to online forums leading to the issuance of the following statement from the company: “We apologize for the continued delay in returning customer funds. We a...

Gambling Law & Society News Sportsbook Banking

MLB Prohibits Players from Taking Part in Real Money DFS Activity

The US Major League Baseball authorities support daily fantasy sports; however they took a stance announcing that its players are restricted from taking part real money DFS activities. Despite the restriction, players may secure endorsement or promotional deals in the industry. Playing for prizes could trigger the anti-gambling Rule 21 according to MLB Commis...

Gambling Law & Society News

Kansas City Man Guilty of Running Illegal Sports Betting Operation

This week Kansas City resident, 49-year-old Hoang Pham, pled guilty to charges of illegal online sports betting and money laundering in front of US District Judge Fernando Gaitan. Pham admittedly managed the operation from 2008, possibly earlier, until it was busted by the feds in 2012. According to prosecutors, Pham ran the business using websites based in...

Gambling Law & Society News

Attempts to Legalize Sports Betting in Indiana Hindered

According to media reports, those hoping that Indiana Representative Alan Morrison would successfully push two bills regarding the legalization of sports betting and the right for state gaming establishments to take wagers on fantasy sports, will be disappointed as the bills failed at the committee stage. Earlier this year, the two bills were introduced to the...

Gambling Law & Society News

Betfair Opens a New Software Development Center in Romania

Betfair, one of the largest online gaming operators in the UK market, has announced the opening of its largest technical center in Cluj, Romania. The establishment in Cluj employs 330 experts and is central to the group's strategy to concentrate on in-house product and operational development rather than rely on third party supplier agreements as Paul Cutter, Bet...

Gambling Law & Society News

Cyprus Betting Companies Association Formed to Fight OPAP

Cyprus betting companies are tired of the advantages that Greek-Czech gambling monopoly OPAP has and have come together to form an association to overthrow the monopoly. Members of the Cyprus Betting Companies Association include Bet on Alfa, Fair Champions Meridien, Cy Betand Megabet Plus, reports the Cyprus Mail. “We demand an end to the monopoly and pref...

Gambling Law & Society News

666Bet Director Involved in £21M Fraud and Money Laundering Case

The suspension of MetroPlay-666Bet's license is now being followed up by the questioning of director of companies Paul Bell for his involvement in an alleged £21 million fraud and money laundering case. Bell is a director of 666Bet and was reportedly arrested at Heathrow airport last week as part of an investigation involving both HM Revenue & Customs and Nati...

Gambling Law & Society News

The End of Virtual Horse Racing Machines in Idaho

Idaho’s virtual horse racing machines are about to be pulled throughout the state after the House supported the Senate vote to reverse legislation passed in 2013. The bill is now in the hands of state governor, Republican Gov. C.L. Otter and legislators are confident it will be approved. "We thought we were supporting a game of skill. It turns out, that i...

Gambling Law & Society News

Female Illegal Gaming Operator Indicted in Korea

An illegal online gambling operator has been indicted in the South East Korean industrial city of Ulsan for allegedly providing gaming services on 79 tablet devices installed with gambling apps. The operator, a woman known as “Yoo”, registered an internet cafe but was found to be selling game points to customers who used the tablets to make wagers. “App r...

Gambling Law & Society News

Leyton Orient Football Club Ends Sponsorship with 666Bet

After the news broke that 666Bet owner, Metro Play’s gaming license was suspended by the UK Gambling Commission and Alderney Gambling Control Commission, its sponsorship partner, Leyton Orient Football Club, ended its contract. “Leyton Orient Football Club has terminated their 2014-15 sponsorship deal with 666Bet after the UK Gambling Commission (UKGC) tempora...

Gambling Law & Society News Sportsbook Sponsorship

Seneca Gaming Joins MGTSports Network

The Seneca Gaming Corporation has become part of MGT Capital Investments’ MGTSports daily fantasy network to allow players to access online fantasy sports when visiting any of Seneca Resorts and Casino’s three properties. Seneca Gaming Corporation is operated by the Seneca Nation of Indians with three properties including Seneca Niagara Resort & Casino, Seneca...

Gambling Law & Society News

Sporting Index Group Sold to Undisclosed Investor

Sporting Index Group revealed that an undisclosed private investor in online sports betting is to acquire the company from its current owners, HgCapital, pending regulatory approval. The company was established in 1992 and offers sports spread betting and odds on political and pop culture events. Under its Sporting Solutions brand, SIG began providing outsou...

Gambling Law & Society News

UK Gambling Commission Suspends 666Bet’s License

Due to possible license infractions, the UK Gambling Commission announced that it has suspended 666Bet’s gaming license. The Commission issued the following statement on Friday: "The Gambling Commission has commenced a review under section 116 of the Gambling Act 2005 (the Act) and, under section 118 of the Act, has decided to suspend Operating Licence No...

Gambling Law & Society News

Pinnacle Sports Awarded MGA Gaming License

Pinnacle Sports was acquired by an undisclosed owner in 2014 and most recently, the Malta Gaming Authority has issued a Class 2 Provisional Gaming License to the bookie. Pinnacle CEO Paris Smith announced the new license in a press release and it signifies a growth strategy and "...initiates ambitious plans for expansion into regulated markets, and the develo...

Gambling Law & Society News

UK Government in Support of Horserace Betting Right

In a UK budget speech this week, Chancellor of the Exchequer George Osborne said the government supports the replacement of Britain’s Horserace betting levy with a Horserace Betting Right (HBR). The BHR will replace the 1963 Horserace Betting Levy and all bookmakers accepting bets from British punters on British races will feel the effects of the HBR. Briti...

Gambling Law & Society News

Skybet Getting Flack for Odds Error

Skybet punters took their complaints that the company wasn’t honoring its advertised odds to the Daily Mail. The Daily Mail published communications and online graphics to support claims that Skybet advertised odds of 25/1 for a Paris Saint- Germain win in its Champions League football match against Chelsea last week. Odds of 25-1 for a PSG win in extra t...

Gambling Law & Society News

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