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Category: Gambling

Bill submitted in Brazil could authorize 32 casinos Gambling

12 Feb, 2019 Bill submitted in Brazil could authorize 32 casinos

The South American country of Brazil has time and again tried to liberalize its gambling industry. Some lawmakers in the past have submitted bills relating to this but all have failed to make the necessary changes to laws. In a similar effort, Brazilian democrat Paulo Azi has submitted ...

Gujarat HC adjourns 15-month long poker case again Gambling

11 Feb, 2019 Gujarat HC adjourns 15-month long poker case again

In December 2017, the High Court of Gujarat had ruled that the game of poker is a form of gambling and cannot be allowed to run within the state. This ruling received plenty of backlash from the poker community of the country. Among the backlashes was an appeal against this ruling in th...

Iconic Vegas casino Stratosphere becomes The STRAT Gambling

11 Feb, 2019 Iconic Vegas casino Stratosphere becomes ‘The STRAT’

The very well-known 23-year old property in Las Vegas called Stratosphere Casino will now be called as ‘The STRAT’ after a re-branding that happened last week. Golden Entertainment, the parent company which operates the casino has decided to make the transition, announcing ‘Strat Rising...

Rakesh Jhunjhunwala predicts pan-India casino legalization Gambling

08 Feb, 2019 Rakesh Jhunjhunwala predicts pan-India casino legalization

One of the leading names in the Indian stock market industry is undoubtedly Rakesh Jhunjhunwala. The ace investor and businessman is currently the largest individual investor in the domestic equities market. The Economic Times referred to him as the ‘Pied Piper of Indian bourses&#...

Ahmedabad police busts gambling den near HQ Gambling

08 Feb, 2019 Ahmedabad police busts gambling den near HQ

In wee hours of Wednesday this week, the city of Ahmedabad saw a gambling raid conducted by its police forces, guided by the cell monitoring team. The raid amounted to confiscation of goods worth INR 1.68 Lakhs. The raid happened within footsteps of the Ahmedabad Police headquarters in ...

Sports betting bill clears first hurdle in Indiana Gambling

08 Feb, 2019 Sports betting bill clears first hurdle in Indiana

On Wednesday afternoon, American time, a major hurdle was cleared in the way of Indiana’s pursuit of legalizing sports betting. The bill, called Senate Bill 552, is authored by Republicans Mark Messmer and Jon Ford and calls for two casinos in Gary, Indiana to relocate and legalize spor...

Kentucky sees online poker bill submitted in House Gambling

08 Feb, 2019 Kentucky sees online poker bill submitted in House

Kentucky, a majorly conservative state in the United States, has tried in the past to legalize online gambling but it did not amount to anything. However, a recently introduced bill in the House could possibly be the start of positive things to come for the industry in Kentucky. Republi...

Wynn Resorts reaches settlement with Nevada Gambling

06 Feb, 2019 Wynn Resorts reaches settlement with Nevada

The American publicly-traded company, Wynn Resorts, has reached a settlement with the authorities of Nevada over Wynn Resorts’ founder and ex-Chairman Steve Wynn and the sexual misconduct allegations levelled against him in early 2018. The Wall Street Journal (WSJ) reported in January 2...

DOJ, New Hampshire argue Wire Act in US Appeals Court Gambling

06 Feb, 2019 DOJ’s rethinking of Wire Act receives backlash

Recently, the US Department of Justice (DOJ) reinterpreted the 1961 Federal Wire Act, which bans using wire transfers to facilitate wagers and bets, including online gambling too. Sheldon Adelson was the main proponent of the reinterpretation and was also the major stakeholder since his...

Virginia Senate passes sports betting bill Gambling

06 Feb, 2019 Virginia Senate passes sports betting bill

The US state of Virginia is all set to allow land-based casinos to operate in its region, along with legalizing sports betting. A Virginian Democratic Senator by the name of Louise Lucas introduced a bill called SB 1126, detailing legalization of casino gaming in the state and the Senat...

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