24TH JUL 2018 | WRITTEN BY: CHRIS SIEROTY IN CLEVELAND A national approach to safeguarding the integrity of sporting competitions is necessary after the recent U.S. Supreme Court decision allowing all states to legalize sports betting, according to one veteran Las Vegas gaming attorney and law professor. The gaming regulatory system in the United States is built … Continue reading GamblingCompliance: Federal Integrity Program Needed For U.S. Sports Betting, Says Law Professor
19TH JUL 2018 | WRITTEN BY: CHRIS SIEROTY IN CLEVELAND Horseracing in the United States has been in decline for several decades in the face of challenges that include an aging fan base and expanded gambling opportunities across the country as more states have welcomed lotteries, tribal gaming or have legalized commercial casinos. But will legalized sports … Continue reading GamblingCompliance: Does Sports Betting, Wagering On Past Races Help Horseracing Survive?
16TH JUL 2018 | WRITTEN BY: CHRIS SIEROTY IN CLEVELAND The UK has successfully integrated betting shops and online wagering, but bookmakers in Nevada have cautioned state legislators that it is a completely different product, and they should understand the differences before implementing international regulatory regimes in their states. Art Manteris, vice president of race and sports … Continue reading GamblingCompliance: Nevada Regulators, Bookmakers Caution States Against Adopting Foreign Sports-Betting Models
17TH APR 2018 | WRITTEN BY: CHRIS SIEROTY IN WASHINGTON, D.C. Ride-hailing services such as Lyft and Uber have changed the way people travel around the cities where they live and work and created a new market for the use of prepaid instruments — but regulatory issues mean drivers are still limited to using bank accounts to get … Continue reading PaymentsCompliance: Ride-Hailing Apps Undeterred By Prepaid KYC Issues
1ST FEB 2018 | WRITTEN BY: CHRIS SIEROTY The prepaid card option has quietly become a way of transferring funds on and off online gambling sites in New Jersey, while casinos in Nevada and regional properties have welcomed the financial instrument as a viable payment option. But payment executives and attorneys believe the gaming industry has been slow … Continue reading GamblingCompliance: New Prepaid Card Rule Released, But Impact On Casinos Still Unclear
13TH FEB 2018 | WRITTEN BY: CHRIS SIEROTY Some of Kentucky’s most influential business leaders are calling on lawmakers to approve a constitutional amendment allowing voters to decide whether casinos should be legal and with every tax dollar designated to fix the state’s ailing pension system. Sarah Davasher-Wisdom, CEO of Greater Louisville, expects the measure to … Continue reading GamblingCompliance: Kentucky Business Community Lobbies For Casino Gaming
18th Jan 2018 | Written by: Chris Sieroty Nevada Democratic Senator Catherine Cortez Masto told federal authorities on Wednesday that the gaming industry would welcome a review of some money laundering laws and Bank Secrecy Act (BSA) requirements which have created a compliance burden for casinos. During a Senate Banking, Housing and Urban Affairs Committee hearing, … Continue reading GamblingCompliance: Gaming Industry Seeks Modest Changes To AML Requirements, Senator Says