“`html Fitch: Exit from Korea Resort Operations May Help Mohegan in Meet Domestic Refinancing Needs Summary Fitch Ratings has indicated that Mohegan’s exit from its Korean resort operations may assist the company in fulfilling its domestic refinancing requirements. The agency noted that following Mohegan’s default on a US$275 million loan related to the Korea operations, […]
“`html Active Super fined $10.5m in gambling greenwashing case The Federal Court of Australia has imposed a $10.5 million penalty on Active Super for violating ethical investment claims by investing in gambling companies while misleadingly marketing itself as an ethical investment option. Key Points Active Super was fined for maintaining investments in gambling entities despite […]
“`html Experts advocate KYC as a safeguard for online gaming platforms In a rapidly growing online gaming sector, experts highlight the importance of Know Your Customer (KYC) processes to establish trust between gaming platforms and users. During the ASEAN Gaming Summit, speakers discussed how KYC can enhance user confidence and improve business strategies. Key Points […]
“`html German court curtails gambling regulator’s IP blocking powers A recent ruling by Germany’s Federal Administrative Court has limited the gambling regulator’s (GGL) powers to block IP addresses of illegal gambling sites. This judgement indicated that using the 2021 gaming law for IP blocking was unlawful, further complicating the GGL’s enforcement efforts. This follows challenges […]
“`html Arkansas Seeks to Legalize Online Gambling, Kill Sweepstakes Summary Arkansas is moving towards legalising online gambling while simultaneously seeking to eliminate sweepstakes gaming models. Lawmakers have introduced two bills, SB524 and HB1861, which aim to ban sweepstakes due to concerns over their unregulated gambling nature. If passed, the legislation could pave the way for […]
“`html Resorts World Las Vegas agrees to pay $10.5 million fine to settle money laundering violations The Nevada Gaming Control Board has announced that Resorts World Las Vegas will pay a $10.5 million fine, marking the second-largest penalty in Nevada gaming history. This settlement stems from a disciplinary complaint regarding the resort’s failure to adhere […]
“`html Nebraska Committee Sends Legal Digital Sports Betting to Full Senate A constitutional amendment that could decide the future of digital gaming in Nebraska is now set to go to the senate floor. The proposed referendum aims to be included on the November 2026 ballot, potentially leading to the launch of digital sports betting in […]
“`html Victorian parliament to debate mandatory carded play in all gaming venues ahead of trial Summary The Victorian parliament is set to debate a bill mandating carded play across all gaming venues this week. This bill accompanies a trial of the scheme in 40 locations, aiming to enhance responsible gaming practices. The state government intends […]
“`html Gambling operators call for answers after German sports betting black out Gambling operators are demanding clarity from the German gambling regulator, GGL, following a significant 10-hour outage that impacted their ability to process customer deposits. This disruption has raised concerns about potential shifts to the black market among players unable to place bets. Incident […]
“`html Dutch Trade Bodies Urge More Advertising Opportunities in New Gambling Policy Summary The Licensed Dutch Online Gambling Providers (VNLOK) and the Netherlands Online Gambling Association (NOGA) are advocating for increased advertising opportunities for licensed operators within new gambling regulations. As the government prepares for a round-table discussion on this topic, the trade bodies have […]
