Former Amaya Gaming CEO David Baazov, along with several other former company executives, has been accused of embezzling cash from the Lion’s Heart Self Help Group, Amaya's Kenya-based African charity. The suite, which was filed last week in the US District Court in Manhattan, alleges that Baazov, along with Daniel Sebag and Benjamin Ahdoot, grabbed…
David Baazov is looking at using the right to a speedy trial to dodge charges of insider trading in a Canadian courtroom. Last week, word broke that the former CEO of Amaya Gaming's attorneys asked a judge in Quebec to dismiss all charges against him be dismissed due to continued delays in getting the trial…
Nevada gaming regulators have their hands full when it comes to dealing with all the new innovations and verticals that are popping up in the state's casinos. Between e-sports and mobile sports betting, the gaming world is changing at a rapid pace. But while you'll almost certainly be the aforementioned products popping up at almost…
The 14-year dispute between the United States and Antigua over online gambling has taken on new urgency in the wake of recent hurricanes, which have devastated the Caribbean. That's the message Sir Ronald Sanders, Ambassador Extraordinary and Plenipotentiary to the United States and the Organization of American States for Antigua and Barbuda, shared last week…
The Illinois State Senate quietly passed a bill this week that both regulates daily fantasy sports (DFS) and legalizes online gambling throughout the Land of Lincoln. But online gambling is still a very long ways from becoming a legal reality in Illinois. Observers of Illinois politics were stunned by the fact that the bill (HB…
The legal ramifications of illegal online gambling are something of a joke to punters in most parts of the world. After all, when the hammer comes down on an operator, their players are usually spared when it comes to penalties. But that's not how things work in South Africa. Thanks to some renewed attention to…
A US federal judge in California dealt a major blow to the fantasy horse racing industry this week by ruling that fees collected by these operators are actually wagers. It's a huge win for California's politically influential horse racing industry, but could be a major setback…
The BGO Group has earned the dubious distinction of being the first operator to receive a monetary fine from the UK Gambling Commission. Earlier this week, the Commission issued a £300,000 ($387,000 USD) to the Guernsey-based operator for a series of nine "misleading" ads that ran in its website in 2015 and 2016. Casino affiliates will…
Advertisements that promote gambling are a mainstay of Australian sports broadcasting but they could be a thing of the past if a new proposal from the country's Communication Minister becomes law. Earlier this week, Aussie Communications Minister Mitch Fifield announced that he would be presenting a tough, new proposal that would ban all advertising for…
Financial regulators in Ontario are sharing new information regarding allegations of insider trading related to the 2014 sale of Amaya Gaming. This latest information focuses mostly on the dealings of employees at an investment firm called Aston Hill Financial. Aston Hill Financial was one of the companies that Amaya Gaming chose to help finance Amaya…
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