Australia’s Model Clauses provide framework for AI procurement

Summary The Australian Government has introduced Model Clauses to assist public sector buyers in managing relationships with vendors when procuring AI technology. These clauses serve as a guide for private companies developing their own vendor terms and align with existing privacy, cybersecurity, and intellectual property regulations. The latest version broadens the scope to encompass various […]

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What Happens When Cybersecurity Fails? Ask the Systems That Weren’t Built to Break

In this thought-provoking piece, the author delves into the enormous implications that arise when cybersecurity measures fail, particularly in systems that underpin essential public services. While financial costs of breaches are staggering, the article stresses that the fallout can extend far beyond mere dollars and cents, impacting entire communities and economies. Source: TechBullion Key Points […]

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Crypto.com Fights Nevada Gaming’s Crackdown on Sports Event Contracts

Crypto.com has launched a legal battle against the Nevada Gaming Control Board (NGCB) to defend its right to offer sports event-based financial contracts. This move comes amidst a growing conflict over whether federal or state regulations should control these markets. Crypto.com Seeks Injunction Against State Order The cryptocurrency exchange has filed for a preliminary injunction […]

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Tsleil-Waututh Nation Eyes Casino Deal at Hastings

The Tsleil-Waututh Nation has signed a Memorandum of Understanding to acquire Hastings Racecourse & Casino from Great Canadian Entertainment. This potential acquisition marks a significant milestone for economic development for the Tsleil-Waututh Nation and expands their presence in the gaming and hospitality industry. Source: Gambling News Key Points The Tsleil-Waututh Nation aims to acquire Hastings […]

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Crypto.com Fights Nevada Gaming’s Crackdown on Sports Event Contracts

Crypto.com is escalating its legal battle against the Nevada Gaming Control Board (NGCB), challenging a cease-and-desist order that prevents it from offering contracts related to sports events. The exchange argues that these contracts should be considered financial derivatives, thus falling under federal regulation. Source: Gambling News Key Points Crypto.com filed a request for a preliminary […]

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Chinese Man Attempts to Sell Stolen Thousand-Year-Old Relic to Settle Gambling Debt

Authorities in Xinjiang, China arrested a man attempting to sell a priceless ancient relic to pay off his gambling debts. The individual, facing debts exceeding 200,000 yuan (around $28,000), sought to sell a thousand-year-old shroud stolen from a protected archaeological site, unaware that police were tipped off about his plan. Relic Missing for Two Decades […]

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