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New Jersey’s cash-strapped coastal gambling hub of Atlantic City will submit an updated fiscal recovery plan to the state, local officials said on Wednesday, in an eleventh-hour bid to hold off a takeover of city government. Trenton rejected the city’s five-year plan on Tuesday, questioning the viability of a...
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Gambling operators in Britain will be subject to a new obligations aimed at preventing money laundering and terrorist financing under new licensing conditions due to come into effect on 31 October. The revised licensing conditions and codes of practice (LCCP) (81-page / 1.43MB PDF) will require gambling operators to...
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An investigation into online gambling operators’ compliance with UK consumer protection rules has been opened by the Competition and Markets Authority (CMA). The regulator has used powers set out in the UK’s Consumer Rights Act to serve information notices on businesses operating in the online gambling market in Great...
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Ministers have launched a review of the gambling industry, including fixed odds betting terminals (FOBTs) that have been accused of being highly addictive. The review was announced by Tracey Crouch, the sport minister, who said it would consider the maximum stakes and prizes for gaming machines. It will look...
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The New Jersey Senate passed a bill on Thursday designed to keep billionaire investor Carl Icahn from re-opening the Trump Taj Mahal for five years. The bill, S2575, was affirmed by a vote of 29 to 6 (with 5 not voting) and would amend the portion of the state...
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As one of the first British dependent territories to develop tax-exempt corporate forms, Gibraltar has a long history as an offshore financial centre, with the focus initially on the traditional forms of offshore business like company incorporation, banking, investment holding, shipping and trust management. The arrival of the internet...
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The CMA has today announced it is investigating whether online gambling firms are treating their customers fairly. This follows concerns raised by the Gambling Commission about potential breaches of consumer law, including misleading promotions and unfair terms, being used by firms to block players’ payouts. The Competition and Markets Authority...
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Bookies could lose licences over claims they use ‘misleading promotions’ and ‘unfair terms’ to deceive customers Online betting companies who overturn gamblers’ winning bets using loopholes buried in the small print of their websites face losing their licences, after the competition regulator launched a probe into the industry. The...
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The real-money online poker room has decided to remove games from the Romanian market, a move aimed at reducing costs as players will be driven into higher stakes. The change began in early October when the $0.01/$0.02 zoom poker games were removed from the lobby. Later in the month,...
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If you have a difference of opinion with a gambling operator, you should follow the process detailed below. Examples of arguments or disputes include disagreeing about whether you have won how much you have been paid the way your payments were managed terms and conditions bonus offers ID verification...
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William Hill was forced to defend its withdrawal procedures this week following accusations that it and other operators within the online bookmaking industry “use their terms & conditions to delay or even avoid payment on winning bets,” The Guardian reported. A campaigner for improved consumer rights for punters said...
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Dezoito empregados da empresa australiana de casinos Crown Resorts, incluindo o vice-presidente Jason O’Connor, terão sido detidos na China, informou a empresa. A Crown não conseguiu falar com os seus empregados e não foi informada da razão da sua detenção. O jogo é ilegal na China e as autoridades...
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THE UK RACING LEVY SCHEME HAS CAUGHT THE ATTENTION OF NATIONAL PRESS ONCE MORE, AS UK SPORTS MINISTER TRACEY CROUCH INFORMED INDUSTRY STAKEHOLDERS THE DEPARTMENT OF CULTURE, MEDIA AND SPORTS WILL IMPOSE A 10% GROSS PROFIT CHARGE ON ALL RACING WAGERS REGARDLESS IF PLACED ONLINE OR AT A RETAIL...
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As acções das operadoras com interesses no território fecharam o dia de ontem com quebras significativas. No entanto, há analistas que defendem que Macau pode mesmo beneficiar com as detenções dos funcionários da operadora australiana. A detenção de 18 empregados da operadora de jogo australiana Crown Resorts na República...
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William Hill and its Canadian suitor Amaya have ended talks over a potential £4.6bn (CAD$7.2bn) merger following opposition from some of the UK bookmakers’ major shareholders. Earlier this month, the companies said they were pursuing a “merger of equals”, but on Tuesday William Hill said it was walking away from...