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Legal – Page 2 – FairOdds Network

Tag: Legal

KSA raises concerns over Analyse Master, clears licensees of wrongdoing

Kansspelautoriteit (KSA) has cleared two of its licensees of any wrongdoing in a case related to sports betting tips provider Analyse Master, although the Dutch gambling regulator said it holds concerns over the nature of the platform.

Last autumn, Dutch journalism platform Pointer published an investigation into both Analyse Master and its associated Telegram channel. This heavily focused on its use of role models to promote online gambling.

Pointer highlighted how licensed operators in the Netherlands are prohibited from including role models in gambling adverts. This led KSA to launch its own investigation into Analyse Master, with details of this published today (11 March).

The probe saw KSA speak with two Dutch licence-holders who were mentioned on the Telegram channel and the platform. The regulator did not name either party.

KSA found one company had a partnership in place with Analyse Master but terminated the relationship when it became aware of the use of role models. As ..

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Panda Interactive files additional complaints against Sportradar and Genius Sports

Sports betting and streaming operator Panda Interactive has filed complaints in its legal cases against Sportradar and Genius Sports alleging they are engaged in anti-competitive practices.

In October 2023, Panda Interactive filed two lawsuits in the Texas Eastern District Court accusing Sportradar and Genius Sports of patent infringement. It initially claimed the two companies had “wilfully” infringed Panda’s low latency, interactive sports streaming and betting technology patents.

The operator said it had developed a number of patents within the streaming and live sports data verticals, including technology that allows players to view live odds and place bets while watching sports.

Panda’s previous filings also alleged that large swaths of the sports technology suppliers’ businesses were using Panda’s patents. These include Genius’ LiveData, LiveTrading, Genius Trading, BetVision and in-Play Multibet products.

Sportradar had also been accused of infringing Panda Interactive pate..

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UK government has “no plans” for wider greyhound racing ban

Lisa Nandy, secretary of state for culture, media and sport, told parliament yesterday (27 February) there are “no plans” to extend a recently announced ban on greyhound racing in Wales to the rest of the UK.

Last week, the Welsh government announced that it would be moving ahead with a ban “as soon as practically possible”. In doing so, it will become the first country in the UK to halt greyhound racing.

The announcement raised questions as to whether other countries, or the entire UK, could follow suit. Several MPs have since spoken in UK parliament to declare their support for the sport, including Stephanie Peacock, undersecretary of state for culture, media and sport.

Yesterday, Louie French, MP for Old Bexley and Sidcup, raised the issue directly with Nandy, who in her governmental role oversees all sport in the UK. French asked whether she agreed with her deputy (Peacock) in that no such ban should be put in place.

Nandy responded by saying there are currently no plans to ext..

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Nevada’s Titus is latest to push back on prediction market wave

Longtime Nevada representative Dina Titus has become the latest official to reach out to the Commodity Futures Trading Commission (CFTC) regarding tougher enforcement against prediction markets.

Nevada’s Dina Titus is in her seventh two-year term as an elected official in the house of representatives. As such, she has experience with following proper processes and protocols to get things done.

And in a letter sent last Friday (21 February) to Commodity Futures Trading Commission (CFTC) acting chairwoman Caroline D Pham, Representative Titus took issue with prediction market operators offering a form of sports betting without going through all the proper processes and protocols.

“This year, platforms have started to offer contracts on sporting events,” Titus wrote about midway through her two-page letter, a copy of which she posted on social media. She was referring to the likes of Kalshi, Crypto.com, Robinhood and others. The platforms permit users to risk money, in a stock market-..

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Weekend Report: Fresno State basketball betting inquiry, Bet365 in Tennessee

Welcome to the Weekend Report, where iGB looks at the news that you may have missed across Friday, Saturday and Sunday. This week: Fresno State basketball faces betting inquiry, Bet365 lands Tennessee licence and Altenar pens Immense Group sportsbook deal.

Sources allege Fresno State basketball betting inquiry

The basketball programme at California State University, Fresno has reportedly found itself at the centre of a betting enquiry.

Sources close to the matter told ESPN on 22 February the case involves several of the Fresno State team’s players. So far, one player has been removed from the team, while two others have been suspended.

Mykell Robinson has not played for Fresno State since January and is no longer on the team. Fresno State also said in a statement that guards Jalen Weaver and Zaon Collins were being withheld from competition while the university reviews an “eligibility matter”.

The sources said Fresno State launched an investigation after receiving a tip off. The N..

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BGC “deeply disappointed” by Wales ban on greyhound racing

Wales is set to become the first nation in the UK to halt greyhound racing after the country’s government announced plans to introduce a ban “as soon as practically possible”.

Huw Irranca-Davies, deputy first minister with responsibility for climate change and rural affairs, confirmed the decision in a statement to the Welsh parliament (senedd) yesterday (18 February). A potential ban on greyhound racing has been talked about in the senedd for some time.

Irranca-Davies said there is “clear” cross-party support for the ban and now is the “right time” to push ahead.

“I believe that now is the right time to move to ban greyhound racing in Wales. We are proud to be the first nation in the UK to do this.”

Support for the ban seemingly stretches beyond parliament with a public petition to stop greyhound racing in Wales receiving over 35,000 signatures.

A government consultation on a national framework for animal welfare suggests further support for the ban. When asked about a phased ba..

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BOS urges Swedish government to remove Gambling Act loophole and tackle black market

Sweden's gambling trade body BOS has written to the country’s ministry of finance urging it to remove a “loophole” in the Gambling Act that allows unlicensed operators to accept players in Sweden when targeting them in a language outside of Swedish.

In the letter, BOS said the Gambling Act only prohibits unlicensed operators from offering gambling without consequences when targeting consumers in Swedish and/or processing transactions in Sweden’s local currency.

This, BOS said, is driving black market growth in Sweden and preventing it from reaching its goal of 90% channelisation.

“It is [currently] permitted for gambling companies all over the world and their service providers to enable games from Swedish customers as long as it is done in a language other than Swedish and in a currency other than SEK. Most Swedes understand English and understand the value of commonly used foreign currencies, such as the euro,” the letter said.

“There is therefore no real possibility for ..

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Stake to cease UK operations amid Gambling Commission investigation

Stake will exit the UK market next month amid a Gambling Commission investigation into social media advertising from the operator.

The Gambling Commission made the announcement today (12 February) with TGP Europe Limited (TGP), which operates Stake in the UK on a white-label basis, stating they will shut the site down.

The Gambling Commission has launched an investigation into a video distributed widely on social media that displayed Stake’s logo. The video featured an adult entertainment actress outside Nottingham Trent University.

After meeting with the Commission, TGP said it will immediately stop accepting new registrations to Stake’s UK platform and will remove any redirection links to the main Stake website. TGP will complete a full shutdown of the site by 11 March.

TGP has already faced regulatory scrutiny in the UK after being fined £316,250 (€379,430/$393,951) by the Gambling Commission in April 2023 for anti-money laundering (AML) and social responsibility failures.

“Whe..

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Super Bowl LIX: Record projections, prediction markets and prop scrutiny

This Sunday (9 February), the two-time reigning champion Kansas City Chiefs will defend their title against the Philadelphia Eagles in Super Bowl LIX. The game is America's biggest stage, for legal bookmakers, illegal ones and everything in between.

As of this writing, the Chiefs are 1.5-point favourites over the Eagles at most major books, with the exception of Caesars Sportsbook (-1). The line has held steady since it opened following the conference championships 26 January. Kansas City is almost universally -120 on the moneyline, with Philadelphia hovering around even (+100) up to +105 at Bet365.

The over/under for the game opened at 50.5 points, but books now vary between 49.5, 49 and 48.5. The fact that it has gone down is likely in response to the Eagles’ first-ranked defence. That said, Kansas City has scored at least 25 points in three of its four Super Bowl appearances since 2019. The only time it didn’t was 2021, when it lost to the Tampa Bay Buccaneers 31-9.

This ..

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Weekend Report: BetMGM fined in PN, NC eyes new sports betting tax, EveryMatrix pens record Norsk Tipping deal

Welcome to the Weekend Report, where iGB looks at the news that you may have missed over the last few days. This week: BetMGM fined in Pennsylvania for self-exclusion breach, North Carolina eyes new sports betting tax policy and EveryMatrix pens record deal with Norsk Tipping.

BetMGM to pay $260,905 in Pennsylvania

First, BetMGM has been fined $260,905 (£212,364/€254,701) in Pennsylvania for breaching rules on self-exclusion.

The Pennsylvania Gaming Control Board (PGCB) found BetMGM allowed self-excluded online casino individuals to place bets. Some 148 accounts on BetMGM were identified as players who had self-excluded, PlayPennsylvania.com reports.

From these accounts, a total of $252,035 was deposited and $82,460 withdrawn. BetMGM also flagged a further three separate incidents across 2021, 2022 and 2022 involving four more self-excluded individuals.

Overall, $436,381 was deposited by self-excluded users with $175,477 withdrawn. The difference between these amounts is $260,904,..

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Esportes da Sorte granted full authorisation to operate in Brazil

Esportes da Sorte has been granted authorisation to operate fixed-odds betting in Brazil after a Federal Court injunction.

On Thursday (22 January), the Secretariat of Prizes and Bets (SPA) published SPA/MF Ordinance No 136 in the Official Gazette of the Union, allowing Esportes Gaming Brazil and its Esportes da Sorte and Onabet brands to operate throughout Brazil.

Esportes da Sorte’s inclusion in the federal regulator’s list of authorised companies follows the Federal Court of the Federal District granting an injunction in January to allow it to operate nationally, despite only holding a state lottery licence with Loterj.

In response, Esportes da Sorte said the ruling confirmed the company’s compliance with Brazil’s gambling regulations including paying its licence fee to operate in the regulated market.

“The decision confirms that the company, from the beginning, complied with all legal and regulatory procedures established by the legislation and its respective ordinances,” Espor..

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Weekend Report: Sportsbet sued in Australia, FanDuel live in Puerto Rico

Welcome to the Weekend Report, where iGB looks at the news that you may have missed across Friday, Saturday and Sunday. This week: Sportsbet faces legal action in Australia, FanDuel launches in Puerto Rico and BetMGM secures gameshow rights.

Australian players launch class-action against Sportsbet

Up first, a group of Sportsbet customers in Australia have launched a class-action lawsuit against the operator, seeking to recover millions of dollars in losses.

Players are demanding Sportsbet repay the money they say was lost through “illegal” live betting, the Australian Associated Press reports. Digital in-play betting on sports is prohibited in Australia.

The suit said Sportsbet should refund gamblers who have lost money using Sportsbet’s ‘Fast Code’ service in the past six years. Fast Code allows players to bet on live sports by making a selection online and calling Sportsbet to place the wager.

Principal lawyer Elizabeth O’Shea is working with the group on the case. She said: “Be..

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