Friday, March 31, 2023

Tag: Legal

Nick Harding launches Spray Lakes Consultancy

As the industry prepares to emerge from lockdown Nick Harding has launched Spray Lakes, a knowledge hub that connects personally vetted experts with business owners seeking additional resource, insight and support.

Cutting through the red tape of compliance and AML

Legal parameters are shifting, and the key to progress is fluidity, argues Partner at international betting holding Parimatch, Maksym Liashko, who is..

Dublin casino operators given deadline to remove gaming machines

Dublin
In late July, the Revenue Commissioners - the Irish Government agency responsible for taxation - issued enforcement letters to a number of casinos across Dublin giving them 21 days to remove unlicensed gambling machines from their premises. The operators had previously been warned to remove the machines but after failing to com- ply, the Revenue has now given them formal...

Elliniko airport project delayed on takeoff by further legal challenge

The long-delayed E7bn redevelopment of the former Athens airport in Elliniko has hit a further snag following a third legal challenge by residents opposed to the project. The move comes just a few months after the Council of State - Greece’s highest administrative court - approved a presidential decree allowing construction work to get underway at the site. In February, the...

Seminole tribe files action against unlicensed parlours

The Seminole Tribe of Florida has opened a lawsuit against Jacksonville gaming parlours that are claimed to be in breach of the tribe’s exclusive right to offer casino-style gaming in state.   Records have revealed the filing of an antitrust lawsuit in Duval County’s fourth judicial court alleging that the Florida state gaming compact was being violated by a spate of...

Olympic files actions against Riga premises closures

latvia storm international olympic
  Olympic Entertainment Group has announced the official filing of a court action regarding decisions to cancel gaming permits across seven of its premises in Riga.   The Eastern European gambling operator, Olympic Entertainment Group (OEG) has stepped its fight to preserve seven gaming halls in the Latvian capital of Riga which are currently operated by its national subsidiary, Olympic Casino Latvia...

Pagcor intervenes in SunCity casino takeover

The Philippine Amusement and Gaming Corporation has stepped into the fray between SunCity and Success Vine over the former's unlicenced activity at Sofitel Philippine Plaza.   Casino junket operator SunCity Group has drawn the ire of the Philippine Amusement and Gaming Corporation (Pagcor) after its unauthorised takeover of a small casino at the Sofitel Philippine Plaza. According to reports in local media,...

Japanese arcade tycoon sues estranged family after boardroom upset

Japanese slot machine tycoon Kazuo Okada is suing his wife, son and daughter after he was ousted from the board of his family-run business empire.   Okada, 74, owns 46.4 percent of shares in Okada Holdings, the corporate parent of Universal Entertainment, which manufactures pachinko, slots and casino equipment. He said: “Unless I sue there will be no opportunity to talk. The...

Uneasy lies the head that wears a crown

Concluding a prosecution which has rocked the company, 19 Crown Resorts staff pleaded guilty to ‘gambling crimes’ this June. Meanwhile, Melco CEO Lawrence Ho has suggested that the business practices of casino operators working in China acted to inflame the situation.   Nineteen Crown Resorts staff, including three Australians, pleaded guilty to “gambling crimes” in a trial that lasted only a...

Chilean operators look to appeal against municipal licensing process

A ruling by the Chilean Supreme Court has cleared the way for the national regulator, the Superintendencia de Casinos de Juegos, to recommence the tender process for the country’s seven municipal casino licences but a number of major operators are unhappy with the move.   The Chilean Supreme Court has unanimously rejected six protection appeals filed by casino operators Enjoy, Marina...

Novomatic’s claim against EGT dismissed by Berlin court

A claim by Novomatic against Euro Games Technology, initiated in October 2016, has been dismissed at the District Court of Berlin following a hearing.   Novomatic AG commenced court proceedings against Euro Games Technology Ltd. based in Sofia and its German sales partner D-Systems GmbH at the District Court of Berlin last year. Novomatic took the view that some games of Euro Games Technology...

Another strange twist – mediator resigns in Caesars bankruptcy saga

Joseph Farnan has stepped down from his position of mediation between Caesars and its debtors, after recent criticism levelled by Judge A. Benjamin Goldgar.   The ongoing bankruptcy saga of Caesars Entertainment has grown even more complicated, with the surprise resignation of the man charged with mediating between the casino firm and its aggrieved bondholders. Former Delaware judge Joseph Farnan had been...

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