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Gambling Law & Society News (1155 articles)

Tabcorp Holdings Purchases ACTTAB for A$105.5M

Australian bookmaking company Tabcorp Holdings has purchased the ACTTAB betting agency for A$105.5 million by the Australian Capital Territory provincial government. Tabcorp CEO David Attenborough said,"We look forward to leveraging our capabilities to strengthen the product offering available to ACTTAB customers and to deliver the best outcome fo...

Gambling Law & Society News

UK Politicians Consider Extension of Levy on Horse Racing Wagers

Labour Party politicians in the UK intend to raise money and awareness for problem gambling by an extension of the current horse racing levy placed on bets taken by retail and online bookmakers. “We believe it is right that businesses that make money from sport should contribute to sport," said Clive Efford, the shadow sports minister accordi...

Gambling Law & Society News

2014 World Cup Matches Boosted French Sportsbook Traffic

President of the French regulator ARJEL, Charles Coppolani, says that the 2014 World Cup in Brazil was beneficial for French sports betting operators and has helped to boost suffering revenues. F...

Gambling Law & Society News General Sportsbook News

Betclic to Transfer Elements from Gibraltar to Malta?

Betclic Everest senior managers are planning a review of the company's Gibraltar-based online gambling elements related to sport trading and administrative functions with the possibility of moving away from the jurisdiction. Some functions may be switched around from Gibraltar to Malta leaving some of the jobs at risk. European regulatory changes may requir...

Gambling Law & Society News General Sportsbook News

World Cup Gambling Busts According to Interpol

The International Police Association (Interpol) worked with police departments from around the world to report illegal gambling busts during the World Cup football tournament. "The results ... are significant in relation to the volume of bets being handled by these illegal gambling dens, as well as the number of arrests," said Jean-Michel Louboutin, Interpol's...

Gambling Law & Society News

SBObet Cleared of Involvement in Illegal Online Betting Ring

US officials accused online sportsbook SBObet of being involved in an illegal betting ring that was brought down in Las Vegas last weekend but it seems that the accusations were false. Poker player Paul Phua was arrested in addition to seven other individuals associated with the ring which accepted illegal wagers on World Cup football matches via the SBObet we...

Gambling Law & Society News

William Hill Appoints Tom Waterhouse to Chief of Australian Operations

Tom Waterhouse has been appointed to the William Hill plc team as the head honcho of its Australian ventures including...

Gambling Law & Society News

Betfred Loses Two Execs

Two executives have left Betfred this week. The reason for Chris Sheffield and Adele Lawton’s exit is not known; however Betfred has is making changes to its online marketing department and has sought the assistance of a company to find replacements for the two execs. Sheffield was part of the Betfred team for 3 years while Lawton was with the company for...

Gambling Law & Society News

Churchill Downs Prepares to Enter Online Market

A Louisville, Kentucky news publication, the Courier-Journal, wrote about the goings with Churchill Downs and its plans to enter the online gambling business. The article reveals company has spent a lot of time on the development of its online gambling site which also includes the software. The new venture will create as many as 50 jobs in Louisville with...

Gambling Law & Society News

Online Sports Betting Bust in Las Vegas

Online poker pro Paul Phua was one of eight individuals from Malaysia, China and Hong Kong that faced arraignment in Las Vegas Monday for involvement in illegal online sports betting. Police raided the operation in Las Vegas on July 9 and others arrested included Phua's son Darren Wai Kit Phua, 22; Seng Chen Yong, 56, and Wai Kin Yong, 22, all of Malaysia; Hui...

Gambling Law & Society News

Two More Asian Illegal Gambling Busts

Another gambling ring has been busted in Vietnam resulting in the arrest of 11 people including the alleged ring leader, Duong Ba Lieu (48). It has been reported that the ring dealt with more than $235 million in wagers and was based out of Bim Son in the Thanh Hoa province; however it ran using foreign web domains. Another bust of an online sport betting r...

Gambling Law & Society News General Sportsbook News

BoyleSports Enters Financial Betting Market

BoyleSports has integrated financial betting widgets from Tradologic in an agreement that will see the launch of a new site. Boylesports CEO John Boyle said, "With the stable, innovative technology Tradologic offer us, we will be able to provide our players with products that absolutely meet their needs and deliver a unique gaming experience. Having this reli...

Gambling Law & Society News

Illegal World Cup Wagers Continue in China

The 2014 World Cup continues to cause chaos in China as police have arrested 32 people and seized 2.4 million yuan ($386,400) in illegal bets. The bust of another illegal gambling ring has resulted in frozen bank accounts and the seizure of computers and other evidence. Shanghai police say that 42 online gambling rings have been stopped in 2014 thus far tot...

Gambling Law & Society News

Latest Chinese Gambling Ring Sentenced

A court in Guangzhou, Guangdong province recently finished sentencing 68 defendants in one of the largest online-gambling ring busts in China. The group, which handled bet in excess of 484 billion yen, or roughly $78 billion, was all sentenced to jail terms ranging from 17 months to 9 years, depending on their involvement. Additional fines were ordered ranging...

Gambling Law & Society News

Sportech Receives Massive VAT Refund

Sportech plc has faced an ongoing fight against Her Majesty's Revenue and Customs regarding the refund value added taxes from ten years ago assessed to its Spot The Ball game. The company announces that was given a GBP93 million refund...

Gambling Law & Society News

Luis Suarez Bitten Back

Liverpool and Uruguay football striker Luis Suarez is in trouble for his third biting incident, most recently at the World Cup. Suarez is being bitten back with FIFA penalties of GBP 66,000, a nine-game international football ban, a four month suspension and Suarez has been sacked from 888poker.com after only one months as its wandering ambassador. 888Poker...

Gambling Law & Society News

New Sports Betting Bill on the Table in New Jersey

Just day after the US Supreme Court declined involvement in New Jersey’s appeal against lower court rulings against introducing intrastate sports betting, state politicians in both the Assembly and the Senate have placed their stamp of approval on a draft bill presented by Sen. Ray Lesniak. The new bill allows the state to repeal its laws against sports bettin...

Gambling Law & Society News

Sports Betting Ring Busted in Malaysia

Malaysian police busted another online sports betting ring accepting World Cup football wagers generating Malaysian Ringgit 7.5 million (US $2.33 million) per day. According to CID Deputy Director DatukMazlan Mansor, there were four men operating the ring which has been on the police radar for the past month. Police recovered three laptops, two iPads, two...

Gambling Law & Society News

Online Gambling Operators Face Stricter Regulations in Irish Market

The slow progression of licensing, regulation and taxation of online gambling operators in Ireland continues; however measure have been outlined until the requisite licensing and enforcement agency forms. Michael Noonan, the finance minister, has brought forward an amendment t...

Gambling Law & Society News

Sports Illustrated to Enter Mobile Sports Betting Market

US publication owned by Time Inc., Sports Illustrated, has plans to enter the mobile gambling market. "We want to build a successful mobile plan so that the consumer will consume our content across any device including desktop and come away with a positive experience with the right advertising built into it," Sports Illustrated publisher Brendan Ripp said to...

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