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Residents of New Jersey voted overwhelmingly against a ballot measure Tuesday that would allow for the construction of two casinos outside of Atlantic City. With over 2.8 million votes cast, the “No’s” destroyed the “Yes’s” 2,201,768 to 633,034. Casino gambling was legalized in New Jersey in 1976, but restricted...
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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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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 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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A high-powered task force set up in the wake of claims last year that Maltese football was “infested” with corruption is set to propose a new law aimed at tightening controls and cracking down on match-fixing. The Malta Football Association’s general secretary Bjorn Vassallo yesterday confirmed the MFA is...
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A deputada e administradora-delegada da Sociedade de Jogos de Macau (SJM), Angela Leong, afirmou hoje concordar com a proibição do acesso dos trabalhadores do setor do jogo a todos os casinos fora do horário laboral. Numa intervenção no plenário da Assembleia Legislativa da região, a deputada eleita por sufrágio...
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Depois de 18 trabalhadores da Crown Resorts terem sido detidos na China, o sector do jogo instalado no país está preocupado com o futuro. As acções dos principais operadores estão em queda. As acções da Crown Resorts, empresa dedicada ao jogo e “resorts” controlada pelo magnata James Packer, caíram...
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Country yet to issue inaugural online poker license The Portuguese gambling regulator has issued its second license for the operation of an online casino in the nation to the local BEM Operations Limited subsidiary of French gambling giant Betclic-Everest Group. July saw the Servico Regulacao E Inspecao De Jogos...
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Sweden’s plans to liberalize its online gambling market would best be served by imposing a revenue tax rate of between 15% and 20%, according to a new industry-funded report. In a report prepared by Copenhagen Economics, the authors note that the Swedish government has tasked a special investigator with...
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Rhododendron was a hugely impressive winner of the Fillies’ Mile on the opening day of Future Champions Weekend here on Friday, but as the applause died away, the background noise was the sound of racing’s administrators preparing to fight tooth and nail to stop any plan by the government...