Ukraine prosecutor investigated for ties to illicit gambling

Former Ukrainian Prosecutor General Yuri Lutsenko is under investigation for his alleged ties to illicit gambling operations in the country. It's an unwanted bit of attention for a man whose name is at the center of the political scandal that's rocking the United States of America and could, potentially, bring down the President of the…

Wire Act lawsuits picking up friends (of the court)

When the US Department of Justice (DOJ) reinterpreted the Wire Act of 1961 to expand its scope (and shut down many forms of regulated online gambling), a legal backlash was all but guaranteed. That backlash has arrived in the form of a lawsuit that was originally filed by the State of New Hampshire, via the…

Wynn Resorts catch $20 million fine from Nevada gaming regulators

Wynn Resorts was issued a record $20 million fine by the Nevada Gaming Commission (NGC) for its failure to adequately investigate sexual harassment claims made against its found and former CEO, Steve Wynn. The fine was a major statement by the NGC whose previous record high fine was $5.5 million issued to Cantor Gaming for…

Myanmar Opens Door to Legal Casinos…for Foreigners

A bill that legalizes casino gambling in some parts of the country is moving its way through the Parliament of Myanmar. The bill is a major step forward in crushing the country's thriving, and quite violent, underground gambling culture as well as a move to attract foreign tourists. Any new casino that's built as the…

Gambling Addiction Emerges in Supreme Court Nominee Fight

Senate Democrats are asking US Supreme Court nominee Brett Kavanaugh some very pointed questions about a subject that doesn't usually come up for candidates for the country's highest court like, "Do you have a gambling problem?" and, "Have you ever been treated for gambling addiction?". The unusual line of questioning is the result of a…

Connecticut Kills Sports Betting Bill While West Virginia Remains Confused

Lawmakers across the United States are scrambling to get their ducks in a row so that they can offer regulated sports betting to their constituents, should the US Supreme Court overturn the Professional and Amateur Sports Protection Act of 1992 (PAPSA). But lawmakers in Connecticut and West Virginia are finding the devil is in the…

Baazov Wields PokerStars Deal in Attempt to Dodge Insider Trading Charges

David Baazov, the embattled former Amaya Gaming CEO, is telling a Canadian judge that there's no way he could have engaged in insider trading in the massive PokerStars deal because he didn't think it would even happen. Undercutting one of your greatest business successes is a novel way of avoiding the law, but Baazov and…

UKGC Steps Away from FOBT Limits

The UK Gambling Commission (UKGC) is, seemingly, stepping away from its heavy-handed efforts to regulate fixed odds betting terminals (FOBTs). In an announcement first reported on by The Times,¬†Commissioners have decided that they are willing to let go of their demand that the maximum wager at an FOBT be fixed at ¬£2. Commissioners didn't discount…

EU Ombusdman Says Gambling Complaints are ‘Not a Priority’

Across the European continent local governments have always acted aggressively when it comes to protecting their gambling monopolies and the tax revenue those monopolies generate. In theory, aggrieved operators have had the opportunity to take their complaints about these unfair trade practices to the European Commission in hopes of receiving some redress. With a recent…

More Suspects in Amaya Gaming Insider Trading Case

A financial analyst in Ontario, Canada and a group of his friends are feeling the heat from fraud investigators over their actions in the days leading up to Amaya Gaming's purchase of PokerStars back in 2014. The men join former Amaya Gaming CEO David Baazov in the cloud of suspicion that's resulted from alleged insider…