Former Mandalay Bay Security Chief Allowed to Work in Gaming Following Reversal of Suspension Summary The Nevada Gaming Commission has reversed the suspension on Sandy Seda, former security chief of Mandalay Bay Resort & Casino, reinstating his eligibility to work in the gaming industry. This decision comes after a hearing where Seda, who faced earlier […]
“`html Hong Kong Jockey Club hopeful basketball betting could be legalized by September: report Summary The Hong Kong Jockey Club (HKJC) is optimistic about the potential legalization of basketball betting in Hong Kong by September this year. This follows indications from the Financial Secretary of Hong Kong expressing readiness to explore new revenue sources to […]
State of the Union: College basketball black eyes, Brennan leaving Prime Sports, more Summary In the latest edition of iGB’s State of the Union, we explore significant developments in North American sports betting, including ongoing gambling investigations in college basketball, updates on legal sports betting in Oklahoma, and notable personnel changes in the industry. Key […]
Malta Court Rules It Will Not Enforce Austrian Player Losses Judgments Summary The Maltese Civil Court has decided not to enforce judgments from Austrian courts that favored players seeking refunds for gambling losses on non-locally licensed sites. This ruling, delivered on February 27, 2025, supports Malta-licensed operators, declaring the Austrian judgments inconsistent with Maltese public […]
“`html Genting’s Resorts World Las Vegas Focused on Margin Improvement as 4Q24 EBITDA Plummets Summary Genting Berhad is concentrating on enhancing margins at Resorts World Las Vegas (RWLV) following substantial revenue declines and a drastic drop in EBITDA for the fourth quarter of 2024. In Q4, the property recorded $190 million in revenue, down significantly […]
The Star Trading Halted Again, Company Running Out of Cash and Lacking Offers | AGB Summary The Star Entertainment Group, an Australian gaming operator, has faced another trading halt as it struggles to secure necessary funding to release its half-year results. The company is unable to publish its financial report due to a lack of […]
“`html Cambodia Strengthens Gambling Oversight with 13 New Casino Onsite Offices The Cambodian gambling regulator, the Commercial Gambling Management Commission (CGMC), has recently established 13 onsite offices across licensed casinos. This move aims to enhance oversight and accountability in the casino sector, signifying a shift towards improved regulatory practices under the 2020 Law on Commercial […]
Tribes Say Prediction Markets Putting Sovereignty at Risk in CFTC Comments Summary The Commodities Futures Trading Commission (CFTC) is preparing for a roundtable discussion on prediction markets, which have become contentious within the gambling community. Ahead of the meeting, numerous comments were submitted, highlighting concerns predominantly from tribal groups regarding sovereignty and the potential impacts […]
“`html Head of tax office highlights key changes in Paraguay’s gambling law The head of the National Directorate of Tax Revenues (DNIT), Óscar Orué, recently addressed key changes in Paraguay’s gambling law during the First Conference on Law 7483. This law revises the legal framework governing gambling operations and aims to enhance oversight by transferring […]
“`html Evolution Closes In on Anonymous Group Behind Damaging Report Summary Evolution AB has made significant progress in uncovering the identity of the anonymous group behind a damaging 2021 report. A ruling from a New Jersey Superior Court judge mandates the revelation of the report’s authors, which could change the entire industry landscape. The report […]
