Tag: gambling

Steve Wynn to Pay $10M Fine to Settle Complaint With Nevada Gaming Regulators

Gaming Executive Steve Wynn will pay a fine of $10 million and will agree to never again have any involvement in Nevada’s gaming industry, according to a settlement document filed Wednesday with the Gaming Control Board. If the Nevada Gaming Commission signs off on the settlement, possibly as soon as next week, it will end…


Gamblers Crushed by Losses Find Hope and Recovery

Ted Hartwell had learned to gamble from his father. It was a way to relax and have fun. But by the time he had racked up $90,000 in secret gambling debts as an adult, it wasn’t fun anymore. He had told his wife that he had quit years ago and knew that he was on…


NHS England Sets up 7 More Gambling Addition Clinics Amid Steep Rise in Demand

NHS England has said seven new gambling addiction clinics will be opened this summer as addiction referrals hit record highs. The health service has seen a steep rise in demand for support for “gambling-related harms,” a spokeswoman said. New figures published on Sunday reveal that around 1,400 patients were referred for help last year, an…


NFL Suspends 3 Players Indefinitely for Violating the Gambling Policy and a Fourth Gets 6 Games

INDIANAPOLIS—Cornerback Isaiah Rodgers Sr. lost the biggest bet of his life Thursday. He was waived by the Indianapolis Colts shortly after the NFL suspended Rodgers and two other players indefinitely for gambling on NFL games last season. The Colts also cut backup defensive end Rashod Berry after Berry and free agent defensive tackle Demetrius Taylor…


California Reinstates 20-Year Ban on New Cardrooms

California Gov. Gavin Newsom reinstated a 20-year ban on new cardrooms, signing the bipartisan legislation on May 22 to protect the state’s growing gaming industry from smaller gambling operations. Sponsored by Assemblyman James Ramos (D-San Bernardino), Assembly Bill 341 prohibits the state from issuing new licenses but allows licensed cardrooms to operate fewer than 20…


Cryptocurrency Trading Should Be Regulated as Gambling, Says UK Treasury Committee

A UK government committee has suggested cryptocurrencies pose risk for consumers, serve no social purpose, consume large amounts of energy, and are used by criminals for fraud, and as such should not be regulated as financial services. The Treasury Committee called on May 17 for unbacked crypto assets to be regulated as gambling, given their…


Iowa, Iowa St Announce Investigations Into Athlete Gambling

The University of Iowa announced Monday that 26 athletes across five sports are suspected of wagering on sports in violation of NCAA rules, and more than 100 people have been linked to an investigation. In addition, Iowa State acknowledged that some 15 of its athletes across three sports also are suspected of violating gambling rules….


Gambling Law Updated for ‘Smartphone Age’ but Tory MP Says It Curbs Individual Freedom

Culture Secretary Lucy Frazer has unveiled proposals to reform Britain’s betting laws to “bring the regulations into the smartphone age” and protect those with gambling addictions. Writing in The Times of London on Thursday, Frazer said gambling apps on mobile phones had brought Las Vegas to people’s homes, but she said they had become “a…


Scott Benton Suspended as Conservative MP After Offering to Lobby for Gambling Firm

Britain’s ruling Conservative Party has suspended Scott Benton MP after he told undercover reporters that he was prepared to work as a paid lobbyist for a gambling company in breach of parliamentary rules. A spokesperson for Tory Chief Whip Simon Hart said on Wednesday evening: “Following his self-referral to the Parliamentary Commissioner for Standards earlier…


Gambling Firm William Hill to Pay Record £19.2 Million Penalty for ‘Alarming’ Failures

Three gambling businesses owned by William Hill have been ordered to pay a total of £19.2 million for “widespread and alarming” social responsibility and anti-money laundering failures, the Gambling Commission has announced. This is the largest settlement in the history of the Gambling Commission, which was established in 2007. WHG (International) Limited, which runs williamhill.com,…