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Gaming Commission Approves Sports Betting in New York

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  The New York State Gaming Commission has unanimously approved in-person sports betting at four upstate casinos. The formal approval makes New York the 14th state to legalise betting. The four upstate casinos are Resorts World, Rivers Casino, Tioga Downs and Del Lago. Sports leagues, which have been lobbying to get states to pass their…

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Lottoland Sues ACMA Over Jackpot Betting

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  Lottoland, the Gibraltar based online gambling company, has launched legal action against the federal government for allegedly infringing the gambling laws. This all begins when the Australian Communications and Media Authority (ACMA) made investigation on Lottoland’s jackpot betting and revealed “Several Lottoland online jackpot betting services were games of chance which are prohibited. These…

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Alabama Regulates Daily Fantasy Sports

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  The US state of Alabama has regulated and legalised daily fantasy sports (DFS) again. The state has imposed a tax on DFS as well. This is a significant move, as the state banned DFS activity about three years ago, forcing companies like FanDuel and DraftKings to shut down their business in the state. Alabama…

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Israeli Supreme Court Passes Landmark Verdict on Crypto Exchanges

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  The Supreme Court of Israel has ruled that Leumi Bank cannot freeze the cryptocurrency exchange Bits of Gold’s account because of regulatory concerns. The bank, in spite of the court ruling , still maintains its stance against dealing with the exchange. However, the ruling sets precedent for Israeli cryptocurrency firms to legally use traditional…

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U.S. District Judge Overturns the Expanded Prohibition on Online Gambling

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  U.S. District Judge Paul Barbadoro has ruled that the U.S. Justice Department’s recent move to expand a prohibition on online gambling under a 1961 law only bans sports betting that involves interstate transactions. The decision will be a big relief to operators of interstate lotteries and other internet-based gambling sites who feared that the…

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Loot Box Bill Enters U.S. Senate

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  The loot box bill has entered the United States Senate. The bill is called Protecting Children from Abusive Games Act, and the full text of the law has also released. The bill is 18 pages long and give information about what a loot box is, and how it takes advantage of players, notably younger…

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