Bill allowing deduction of gambling losses dies – Cherokee Phoenix

BYD. SEAN ROWLEY Senior Reporter

07/12/2020 02:00 PM

House Bill 2667, authored by State Rep. Kevin Wallace, R-Wellston, would have allowed the exclusion of gambling losses under Oklahomas $17,000 cap on itemized deductions.

During the 2019 session, the bill passed the House by a 83-16 vote, with the yeas including area legislators Matt Meredith, D-Tahlequah; Chris Sneed, R-Muskogee; and David Hardin, R-Stilwell. State law already allows the omission of charitable contributions and medical expenses when itemizing.

The measure then emerged from the Senate Finance Committee on April 2 with a unanimous recommendation of Do Pass, but with its enacting and emergency clauses stricken.

HB 2667 hurdled the Senate by a 32-12 vote, but conversely, none of the area senators supported the bill. Republicans Kim David, of Porter; Wayne Shaw, of Grove; and Dewayne Pemberton, of Muskogee, all voted nay. The Senates changes were rejected by the House, sending the measure to a conference committee from which it never emerged.

We never heard it or saw it on the Senate side, said Pemberton. It may be able to come back next year in another form, but this year it is dead.

Because of the COVID-19 pandemic, the legislative session focused on the most pressing business.

We didnt get to hardly anything, Pemberton said. We got through the committee work, and had switched bills between the houses, and then after the next couple of days we had the outbreak. One senator got the virus, and they sent us home. There was a lot of conferencing over the internet, but as far as running bills we didnt do anything like that for the next six weeks. We got back to work on mostly health related bills, the things we absolutely we had to deal with. We did the basics, got the budget done and got out of there as quickly as we could.

Pemberton added that there was no legislation passed that directly dealt with or affected Oklahomas tribal governments, saying lawmakers only did what we had to do.

It was a strange session, to be honest, he said. We only passed 175 bills, and in a normal session we pass 450 or 500. A lot of good bills were left on the table I had two or three that were under consideration but we didnt have time to address them.

While HB 2667 is technically dead, Pemberton said bills can often cheat termination.

According to the rules, it is dead, he said. But we discussed the idea that due to COVID-19 we might possibly change the rules next year and consider some bills from this session. Nothing is ever truly dead in the state Legislature.

Some criticism was directed at HB 2667 because the Oklahoma Tax Commission projected its passage could result in a total revenue loss of $17.8 million.

Taxpayer itemized deductions were capped at $17,000 per year by HB 1011xx of 2018 the measure that obtained revenue for the states teacher raises. The bill also got funding from a $1 tax per pack of cigarettes, an increase in the gross production tax on new oil and gas wells from 2 percent to 5 percent, and an added 3-cent gasoline tax and 6-cent diesel tax per gallon.

The Cherokee Nation never publicly announced any official stance on HB 2667.

david-rowley@cherokee.org 918-453-5560

Sean Rowley was hired by the Cherokee Phoenix at the beginning of 2019. Sean was born a long time ago in Tulsa, where he grew up and attended Booker T. Washington High School as a freshman before moving to Pawnee County and graduating from Cleveland High School in 1987. He graduated sans honors from Northeastern State University in 1992 with a bachelor of arts in mass communication with emphases in advertising and public relati ...

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Bill allowing deduction of gambling losses dies - Cherokee Phoenix

Is Iran Really Winning the War With Unauthorized Online Gambling sites? – Tunf.com News

It was a valiant effort against recalcitrant online gambling sites and maybe Iran really is winning the war.

The unauthorized sites increase cybercrime, according to top cybercop GeneralVahid Majid, and it is growing year by year.

Gambling in any form is strictly illegal in the Islamic Republic of Iran, with the authorities even targeting state televisions version oftheWho Wants To Be A Millionairegame show.

The FATA cyber police unit was formed in 2011 and has since been hot on the sites trail. Majid made the comments at a recent press conference to warn the public that promoting online gambling on social media or digital channels would have repercussions.

Majic said that FATA targeted 6,157 sites and 730 websites engaged in such activities, resulting in 2,884 judicial actions. Clearly it has been on track. In October of 2019, pre-pandemic, Majid was celebrating the disruption of61 online gambling sites.

Early this year, the FATA chief in Hamadan province warned the public that:

Anyone who wants to bet on cyberspace is guilty according to the law and will be dealt with.

It is a long prison for errant Iranian nationals (up to six months) as well as 74 lashes if caught in illegal gambling.

Gambling operators can face up to two years or longer for repeat offenders

The bulk of Iran-facing gambling operations are conducted from outside the country to avoid such punishment.

The primary base of operations for betting sites is said to be Turkey using aa stable of Farsi-speaking Instagram influencers and some popular hip-hop artists to pitch the best online action.

Thankfully, these sites have no direct access to Irans banking system, so customers have to deal with third-parties to convert Iranian tomans into digital currency.

Source: https://calvinayre.com/2020/07/09/business/iran-claims-victory-war-online-gambling-sites/

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Is Iran Really Winning the War With Unauthorized Online Gambling sites? - Tunf.com News

Online Gambling Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast To 2026| William Hill, Unibet, 888,…

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Dramatic rise in visits to gambling parlours – Newsbook

The number of visits by Maltese citizens to village gambling parlours has increased steadily over the past four years, while the number of visits by foreign nationals has more than tripled over the same period.

Visitor figures were presented by Finance Minister Edward Scicluna in response to a parliamentary question by Opposition MP Hermann Schiavone.

The total number of visits to gambling parlours almost doubled between 2016 and 2019, from 432,177 to 799,420 visits.

While the increase in the number of Maltese visitors was considerable during the period from 338,635 to 460,852 the number of visits by foreign nationals rose dramatically, from just 93,542 to 338,568.

The figures supplied by Scicluna show that the number of visits to Maltese casinos also increased over the same period, albeit slightly, with the increase entirely attributable to foreign nationals.

Casinos welcomed 904,412 visitors in 2016, with the number reaching 940,766 last year. But the number of Maltese visitors is on a slight downward trend: casinos received 426,756 visits from Maltese nationals in 2016, with the number falling to 410,671 last year.

But the number of visits by foreign nationals increased every year, from 477,656 in 2016 to a peak of 530,096 last year.

Schiavone also asked Scicluna a related question on the economic impact of gambling a sector which also includes burgeoning online gambling activity with the minister revealing that its importance has been increasing.

The sectors gross value added output rose from 1.27 billion in 2017 to 1.56 billion last year.

The number of people employed by the sector also increased correspondingly, from 6,673 in 2017 to 7,417 full-time equivalent positions two years later. Maltese nationals only account for a minority of these employees, though their number correspondingly increased from 2,088 to 2,794.

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Gambling Mobile Games Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 – 3rd…

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Gambling Mobile Games Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 - 3rd...

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Gambling Software Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 - 3rd...

Accompanying those addicted to gambling – Independent Catholic News

Leela M Ramdeen

"We pray for those suffering from addiction may be properly helped and accompanied." - Pope Francis

In Pope Francis' prayer intention for April 2020, he asked everyone to pray for those who suffer from addiction, especially addiction to gambling, pornography, and the internet.

If we are to journey with our Domestic Church on Mission; if we are to be leaven in our neighbourhood's/nation's dough, we must avoid being judgmental and reach out to families that are hurting, for example, because one or more members of their family is/are addicted to gambling.

Our Catechism tells us that Gambling, whether it involves games of chance (e.g. card games), wagers or betting, or even lotteries, is not intrinsically evil:

"Games of chance (card games, etc.) or wagers are not in themselves contrary to justice. They become morally unacceptable when they deprive someone of what is necessary to provide for his needs and those of others. The passion for gambling risks becoming an enslavement. Unfair wagers and cheating at games constitute grave matter, unless the damage inflicted is so slight that the one who suffers it cannot reasonably consider it significant. "(2413).

Recently my friend rang me from London asking me to pray for her husband who is addicted to gambling and who continues to gamble most of his salary on various forms of gambling, thus leaving her and their children in need. She said that for more than 12 weeks betting shops were ordered to shut as part of a national effort to contain the coronavirus. As soon as the betting shops opened their doors on Monday 15 June in England, he once again started to frequent these shops and his gambling is out of control.

I recall allowing a friend and her two children to stay with me at my home in London years ago when her husband gambled their house in a poker game and lost. He beat her and broke her jaw in front of their children when she complained.

Addiction to gambling is a global problem. It affects more than just the gambler. For example, America's Debt Help Organisation (wwwdebt.org), states: "About 85% of adults in the U.S. have gambled at least once in their life and the gambling industry takes in about $500 billion a yearas many as 23 million Americans go into debt because of gambling and the average loss is estimated to be around $55,000. So how do gamblers pay for their losses?

"They 'borrow' from credit cards, savings accounts, investment portfolios, retirement funds - anywhere there's money or credit available - hoping to fund the one big bet that gets them back to even But if you're out of luck and that pile of chips has turned into a pile of debt, the answer is not to go all in. The answer is to convince yourself to stop gambling altogether, and seek psychological help for the addictive nature of the problem."

On 13 March 2019, Rob Davies reported in the UK Guardian: "People with a gambling problem are 15 times more likely to take their own life, according to the largest study of its kind, prompting calls for swifter action by the government to tackle betting addiction. Academics at Lund University, Sweden, monitored more than 2,000 people with gambling disorders, finding a significantly elevated risk of suicide among participants compared with the general population over an 11-year period.

"The study found that suicide rates increased 19-fold among men between the ages of 20 and 49 if they had a gambling problem and by 15 times among men and women of all ages. The authors of the research said that while the causes of suicide were complex and likely to involve more than one factor, their work indicated gambling disorders were associated with far higher than average rates of suicide."

There are many online sites with tools to assist an individual to quit. Steps include: Understand the problem, including the term "winnings", Join a Support Group, Avoid temptation, Postpone gambling, Find alternatives to gambling, Think about the consequences, and Seek professional help.

Let's pray for and accompany those with this dependency/addiction and their families.

LINKS

Trinidad Gamblers Anonymous provides online Therapy Support Groups or live support for problem gamblers, their friends and families, or Support Forums: http://www.gamblingtherapy.org/en/trinidad-gamblers-anonymous.

In the UK see: http://www.gamblersanonymous.org.uk or http://www.gamblersanonymous.co.uk

Leela Ramdeen is Chair of the Catholic Commission for Social Justice in the Archdiocese of Port of Spain, Trinidad & Tobago, (CCSJ) and Director of CREDI

Tags: Gambling, Leela Ramdeen, Trinidad & Tobago

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Convicted Aurora bookmaker must forfeit more than $600,000 in proceeds from gambling ring – cleveland.com

CLEVELAND, Ohio An Aurora bookmaker must forfeit more than $600,000 that authorities found in his home, proceeds that they say came from a large-scale gambling ring.

U.S. District Judge Patricia Gaughan on Wednesday sentenced Ryan Driscoll, 46, to probation for three years on charges of money laundering, filing a false tax return and operating an illegal gambling business.

Gaughan also ordered him to pay $208,693 in restitution. That is in addition to the $628,950 that agents seized during a search warrant of his home last August. Prosecutors said in documents that Driscoll had large quantities of cash in bundles of $10,000.

Prosecutors said that Driscoll underreported his income by more than $825,000 for the tax years 2014 through 2017. He filed a false income tax return in 2018 that prosecutors said failed to mention the proceeds from his illegal gambling business.

Driscoll ran a bookmaking ring from 2015 to 2019 that provided his clients with access to offshore gambling websites to bet on sports. The websites tracked winnings and the money due to him and allowed him to pay out winnings and collect losses locally, according to court records.

The money laundering charge stems from Driscoll paying for a membership at the Mayfield Sand Ridge Club with proceeds from the gambling business. He also placed proceeds in his bank accounts and used nearly $200,000 to make payments on vehicles and other items.

Driscoll pleaded guilty to the charges in January.

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Convicted Aurora bookmaker must forfeit more than $600,000 in proceeds from gambling ring - cleveland.com

VPN Gambling Pros and Cons – Should You Online Gamble With a VPN – BestUSCasinos.org

Virtual private networks have become very popular among those who want extra privacy when using the internet. Theyre also commonly used by gamblers who want to play at sites that they cant normally access.

You might think that a VPN is perfect if youre really interested in playing at a specific gambling site thats currently unavailable. However, you should consider the pros and cons before using a virtual private network for such purposes.

Im going to discuss the advantages and drawbacks of VPN gambling. Ill also come to a conclusion on whether you should truly use these services.

VPNs might be quite popular among gamblers, but they have practical purposes, too. These services protect internet browsers from being victimized by hackers.

Every internet user risks having their data, identity, or money stolen. They may stand little chance to protect themselves, depending upon the hackers skills.

Cybercriminals can use IP addresses to track people. The IP address essentially leaves a trail to an online users whereabouts.

A VPN seriously reduces the chances of somebody being targeted by a cybercriminal. This service accesses the internet on behalf of a customer.

It relies on remote servers that are located in different cities and/or countries than the user. Hackers, meanwhile, face a near-impossible task of figuring out where the person is located.

You can see that VPNs are quite handy when trying to stay safe online. But gamblers are interested in more than just the general benefits.

They use virtual private networks to access sites that might not normally be available to them. After all, certain online gaming jurisdictions only allow their residents to gamble over the internet.

Any real money casino, poker room, or sportsbook operating in these jurisdictions must block outsiders. For example, UK gambling sites dont allow players from other countries.

They use software that determines when an outsider is trying to access their site. The prospective gambler will receive a message stating that their country/state is blocked.

A VPN helps gamblers get around such restrictions by masking their location. It allows one to access a remote server thats located elsewhere.

If somebody wants to use a French gambling site, for example, they can select a server in Paris. The software would then be tricked into believing that the player was from France.

Virtual private network usage has ramped up among gamblers in recent years. Here are the main reasons why so many players are using VPNs.

Again, certain gaming jurisdictions block other countries. They dont want to run into legal problems by accepting bets from international players.

Unfortunately, this policy may prevent you from accessing some of the worlds top online bookmakers, casinos, and poker sites. You have two choices at this point:

Under normal circumstances, youd have to accept the fact that you cant play at top-tier sites. But a virtual private network gives you the option to circumvent their rules and play for real money.

Virtual private networks werent conceived to help people play at unavailable gambling sites. They originally came about for privacy purposes.

You can add an extra layer of protection to your browsing habits with a VPN. The latter encrypts your information and ensures that cybercriminals cant track your IP address.

Of course, betting sites, poker rooms, and online casinos also offer protection in the form of Secure Sockets Layer (SSL) technology. SSL encrypts your data to prevent hackers from stealing personal and financial details.

If youre still paranoid about being targeted, though, a VPN offers even more peace of mind. Its great for general internet usage beyond gambling.

In some countries, including China, Cuba, and North Korea, governments are extremely restrictive on internet usage. They only allow their residents to access government-approved websites.

Gambling sites dont typically make the approved list. Therefore, those living under totalitarian regimes must use a VPN to place online bets.

Draconian governments use firewalls to block people from accessing unapproved websites. But a VPN prevents firewalls from determining ones IP address and thus allows them more freedom.

A virtual private network is an excellent resource when youre looking to enjoy a gambling website thats normally off limits. But before you call on a VPN, you should consider the downside to doing so.

Not all virtual private networks are created equally. The best and, usually, most expensive ones are better at keeping your browsing activities private.

Cheaper VPNs, on the other hand, may be good for blocking your neighbors from snooping around your network. But theyre not so great at protecting you from governments or well-funded websites.

Some companies behind these services also work with law enforcement if pressed to do so. Theyll hand over your actual location and even usage statistics to the police if necessary.

Luckily, you stand almost zero chance of being arrested for illegal gambling with a VPN. But you could still get caught and face other consequences (discussed later).

Many virtual private networks used to offer their services for free. However, the days of free usage are long gone.

Almost every VPNat least the good ones anywaysrequire subscription fees. These fees may be due on a monthly, quarterly, biannual, or annual basis.

In any case, youre paying to protect your privacy and access restricted gambling sites. The costs range anywhere from $2 to $20 per month.

You might be able to get what youre looking for from a $2-per-month service. But you should consider a more expensive option just in case you win big and dont want the website discovering your true location.

Provided youre not in a country like North Korea or Cuba, you dont have to worry much about any legal repercussions from VPN gambling. But you do face the very real risk of losing winnings and your bankroll if caught.

Gambling sites cover many scenarios in their terms and conditions. They call on these terms and conditions to confiscate your money for something like wrongly using a virtual private network.

You may still get away with gambling on restricted websites without being caught. The chances of a site investigating you, though, increase when you win a big jackpot or a poker tournament.

In 2017, poker pro Gordon Vayo won a major PokerStars tournament along with $692,000. However, Stars determined that he was playing from California, rather than Canada, like his IP address suggested, and didnt pay the $692k prize.

You can see that making the decision to gamble with a VPN isnt a slam dunk. You could still be caught playing at a restricted site and have your funds confiscated afterward.

Everything comes down to how badly you want to play at a gambling website thats normally unavailable. If you truly wish to gamble at a top UK casino, for example, then you might feel that the risk and VPN subscription fee are worth it.

However, you dont always need to resort to such measures. Many countries have access to online casinos, bookmakers, and poker rooms.

I dont fully recommend that you gamble with a VPN when considering that youre breaking laws and risking winnings. But then again, the choice is all up to you.

Virtual private networks give you this choice. You just need to weigh the pros and cons and make the best decision for you.

More and more of the online gambling industry is becoming regulated. Many jurisdictions now require operators to block players from outside countries.

This situation especially stings when youre from a country that cant access real money poker, betting, and casino sites. Normally, youll have to choose less-heralded offshore gambling sites as a result.

However, a VPN gives you an opportunity to still gamble at such websites. It masks your location and makes you appear to be located elsewhere.

Operators take a strict approach to dealing with those who violate their terms and conditions with VPNs. That said, you really need to consider if the risk is worth the reward.

Continued here:

VPN Gambling Pros and Cons - Should You Online Gamble With a VPN - BestUSCasinos.org

Gambling charity urges UK banks to improve card blocking systems – The Guardian

An gambling charity has called on banks to improve card blocking systems introduced to help those whose gambling is out of control after it emerged 40% of current accounts offer no help in this area.

Research on behalf of GambleAware found that just eight financial companies offered customers the chance to block future payments to gambling sites.

The ability for customers to ask for payments to gambling sites to be blocked is considered important as it helps those whose betting is out of control. Problem gambling is thought to cost the UK up to 1.2bn a year and can devastate the lives of those affected.

Researchers at the University of Bristols personal finance centre found that many banks were failing to offer the ability to block such spending, or the controls were easily turned off.

GambleAware said Nationwide and Capital One do not offer to block card payments to gambling companies as a standard feature, but do so on a case by case basis. Of the eight banks that do offer the option, customers of three could immediately turn them off.

The reports authors have called on the regulators to ensure all banks have card blockers in place, with the restrictions unable to be removed for at least 48 hours. They have also called on financial institutions to do more to raise awareness among customers that the blockers are available.

Prof Sharon Collard, of the University of Bristol, said: Our research has found bank card gambling blockers are not available on roughly 40% of personal current accounts. This means an estimated 28 million people are missing out on this crucial tool to block gambling expenditure which helps protect them from harm. We are calling on the Financial Conduct Authority to urgently recommend that gambling blocks are standard on all debit and credit cards.

The GambleAware chief executive, Marc Etches, said: Keeping people safe from gambling harms requires banks to play their full part in providing consumers with effective means to block gambling transactions.

Last week ministers pledged to review the 2005 Gambling Act in the face of a growing consensus among MPs and addiction experts that the current legislation is no longer effective.

This article was amended on 8 July 2020 to clarify that GambleAwares research found that Nationwide and Capital One offer block card payments to gambling companies on a case by case basis.

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Gambling charity urges UK banks to improve card blocking systems - The Guardian

How politics sparked the UK’s online gambling boom – London Post

Theres no hiding from the fact that the gambling landscape in the United Kingdom stands head and shoulders above any other market in the world. Between 2011 and 2019 the industry grew by nearly 6billion to 14.3billion with 31% of residents betting at least once per week Truly staggering statistics.

If those figures didnt quite hit home hard enough, amongst the 67 million people living within the United Kingdom, a massive 31 million active betting accounts exist with licensed operators right this second.

Its also evident that popular operators such as Paddy Power, Ladbrokes and Bet365 have ingrained themselves into British culture as recognisable household names, whether that be down to their creative advertising campaigns, high street presence or because of their presence within a certain region and the jobs they create

Lawmakers and those opposed to the industry certainly wont want to admit it, but gambling has become a quintessential British past-time, whether it be a football accumulator, a punt on the horses or spinning the reels of their favourite slot, betting is part of the furniture.

In the early 1900s the only sport that was regularly wagered upon in the UK was horse racing, with greyhound racing and football betting becoming more prominent in the 1920s, especially when the famous Littlewoods Pools were founded, giving the working class a means to bet.

Very little changed until 1960 when Parliament approved the Betting and Gaming Act, which was put in place to strip away inconsistent and restrictive gambling laws that werent relevant to the times. Importantly, the new Act legalised betting shops, bingo halls and casinos, however this was more as a means to bring betting off the streets and in-house, with hundreds of establishments opening each week in the first six months, giving people a taste of what was to come.

Ten years later a new Gaming Act came into place which tightened restrictions on all forms of betting and gaming. It also put gambling in the hands of the Gaming Board for Great Britain, an organisation that reported directly to the Home Office.

As time went on gambling restrictions were slowly lifted with the National Lottery and football betting becoming mainstream in the early 1990s, however major gambling reforms didnt arrive until 2005 when Tony Blairs government passed the 2005 Gambling Act.

It was Blairs unshackling of the industry (In particular advertising) that ultimately led to a flood of operators capitalising on what was perceived as large scale deregulation, introducing the people of the UK to everything the industry had to offer and more.

The Labour government at the time argued that the 2005 Gambling Act was passed in order to help move the UK from an unregulated and potentially dangerous market into one that prioritised safety and openness in which players were protected from gambling harm.

This protection came from the Gambling Commission, a newly formed regulatory body that ensured all operators both physical and online operated safely and responsibly, adhering to a strict framework that allowed them to offer their services to players in the UK.

Despite introducing these protections, Tony Blair and Tessa Jowell (the Member of Parliament who pioneered the legislation) came under intense scrutiny for making Britain the first country to legally permit online gambling, as they feared it would lead to a spike in problem gambling.

Instead the duo strongly argued that it was better to take a liberal approach to gambling, especially considering the government were implementing new measures to make it safer.

Despite understanding and appreciating the concerns raised by his peers, Blair insisted that the vast bulk of the legislation was actually about regulating gambling, not deregulating it, he also claimed there was no evidence changes would lead to gambling addiction and crime.

Whilst it can be said that his government succeeded in modernising gambling regulations for the time, they failed to take into account the rapid rate in which the internet was growing. It can be strongly argued that the bill did not (and still does not) do enough to regulate those operating in a digital age.

The 2005 Gambling Act forced operators to pay tax on their earnings, meaning an unprecedented amount of money flooded into the coffers, however it can be argued that the money gained from taxation hardly makes up for the negative impact gambling has had on countless lives.

That said, some would point to the millions of pounds that have been invested into safe and responsible gambling initiatives over the years by the Gambling Commission as a result of hefty fines slapped on operators that have broken the rules.

Naturally, the real winners as a result of the 2005 Gambling Act were those at the helm of the gambling firms. Bet365 Chief Executive Denise Coates, who was ahead of the curve, purchasing the Bet365.com domain on eBay for 19,000 at the turn of the millennium, has enjoyed unprecedented success as a result of getting on board with online gambling early on.

It was recently reported that Coates, the UKs 16th richest individual, earns 500 times more than the average UK salary and has raked in more than half a billion pounds in the last two years alone. Elsewhere Betfred brothers Fred and Peter Done have amassed a combined fortune of 1.25 billion whilst Mark Scheinberg of PokerStars has cemented himself as the richest person on the Isle of Man with a net worth of over 4.8 billion.

The most noticeable change as a result of Blairs deregulation was an phenomenally sharp increase in the number of gambling adverts. So much so that a 2013 investigation by broadcast regulator Ofcom found the number of gambling adverts on television had increased by 600% since the Gambling Act was introduced.

Public concern about the potential impact gambling ads were having on young people led to the industry eventually imposing a voluntary whistle-to-whistle ban on betting ads during sporting events last year, with further changes coming into place in June 2020 that sees 20% of all advertisements being dedicated to responsible gambling messages.

From 2010 onwards as online gambling boomed, a number of major gambling operators have run rampant as theyve perfectly fine-tuned their player retention strategy thanks to attractive VIP schemes and savvy online marketing campaigns.

Unfortunately, this success has often led to greed and complacency with operators often being accused of putting profit ahead of their players Major operators including Ladbrokes Coral, 888, William Hill, Betfred, SkyBet, 32Red PaddyPower and LeoVegas have all been on the receiving end of landmark fines and punishments at the hands of the regulator for failings.

Of course, these failings have managed to catch the attention of lawmakers in the UK who have been calling for stronger action across the entire industry in the last few years.

50 prominent MPs from all sides of the political spectrum make up the Gambling Related Harm All Party Parliamentary Group. Together they have demanded the complete ban of gambling advertising and the reduction of stake limits online to 2 per spin, somewhat unrealistic changes that would completely undermine Blairs fifteen year old Act, and likely lead to new legislation altogether in the not so distant future.

Whilst its unclear whether the All Party Parliamentary Group will find success with their pleas to drastically alter the gambling landscape, one thing is for sure, time is ticking on the 2005 Gambling Act as new light is shined upon gaping holes in the legislation.

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How politics sparked the UK's online gambling boom - London Post

Japanese men among 31 arrested in Taiwan for providing gambling software to online casinos – Inside Asian Gaming

The criminal police department of Taiwans internal affairs raided an office in the Neihu District of Taipei that was occupied by a UK-based game software developer on suspicion of gambling offences on 6 July.

As revealed at a press conference on 7 July and reported by Taiwans Zhongyang Tongxunshe, a total of 31 employees of Gamatron Studios were arrested, including a Japanese man who worked at the Taiwanese office and a Japanese executive.

According to police, the company provided software to 45 online casino platforms, taking between 5% and 8% of the profit from each bet placed by a customer as compensation. Police believe the total amount gambled by customers from January of last year amounted to NTD 2.5 billion (US$85 million).

In the raid, 36 computers, 35 cellphones and NTD 560,000 (US$19,000) in cash was seized along with accounting books and gambling materials.

Link:

Japanese men among 31 arrested in Taiwan for providing gambling software to online casinos - Inside Asian Gaming

Woolworths pokies unit fined AU$172k for plying gamblers with booze – CalvinAyre.com

On Thursday, the New South Wales Independent Liquor & Gaming Authority (ILGA) announced a AU$172,692 (US$118,600) penalty against Australian Leisure and Hospitality Group (ALHG), which is majority owned by Woolworths, for plying pokies players with complimentary alcohol at two of its NSW hotels.

The ILGA received a complaint against ALHG in June 2019 alleging that the Woolworths-owned Westower Tavern and South Tweed Tavern were violating NSW laws regarding the supply of free or discounted liquor as an inducement to gaming machine players. The suspect activity in question dates back to 2017.

The ILGA subsequently inspected 50 venues operated by ALHG, Australias third-largest pokies operator, leading to a formal investigation of four venues. The ILGA concluded that the Westower and South Tweed pubs were employing tactics specifically designed to encourage gambling, including offering free booze to regular and high-bidding gamblers to keep them seated at the machines.

ALHGs efforts to counter these allegations were undone by internal emails as well as a response to the complaint filed by Andrew Wyeth, the pubs former manager, who told the ILGA that his ALHG supervisors told him the more, the better in terms of how much free alcohol was offered to high-rollers.

Wyeth was personally fined AU$1,000 for his role in the kerfuffle, while Westowers current manager Rachel Watts was fined AU$2,500 and Morgan Bensley, the venues state operations manager, was disqualified from performing that role for a period of five years. The two venues were also ordered to suspend their pokies activity for a two-week period starting August 7.

One year ago, Woolworths announced plans to spin off its pokies and liquor operations (including ALHG) into a standalone entity known as Endeavour Group. These plans were paused in March as COVID-19 forced the closure of all non-essential retail operations. The demerger is now expected to take effect sometime next year.

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Woolworths pokies unit fined AU$172k for plying gamblers with booze - CalvinAyre.com

Tampa attorney spent $1.3 million of client’s money on cars, gambling, travel and meals: Feds – ABC Action News

TAMPA, Fla. A disgraced former Tampa attorney has been indicted on federal criminal charges alleging he defrauded multiple clients.

James Lee Clark, 59, faces 17 felony federal charges in the indictment which was recently unsealed in U.S. District Court.

The charges allege criminal acts Clark committed against his clients and the U.S. Government between 2010 and 2017, including bankruptcy fraud, wire fraud and falsification of records.

I-Team investigator Adam Walser first found out about Clark when he surrendered his law license in 2017, following a Florida Bar investigation that uncovered he transferred money from a clients trust account into his personal account and used the money to pay his own personal expenses.

The Florida Bar recommended the Florida Supreme Court revoke Clarks law license.

At that time, Clark was already on probation related to a previous complaint involving providing inadequate representation to a client.

The complaint that led to the surrender of Clarks law license was filed by the owners of an assisted living facility, who hired Clark to help broker the sale of the business and establish a trust with the proceeds.

Clark made himself trustee of that trust and spent through the money without his client's knowledge.

The owners hired attorney L. Reed Bloodworth to represent them in a civil suit against Clark.

The man stole $1.3 million from my clients, Bloodworth said. It has been very hard on my clients. This was their lifes work wiped away.

The indictment says Clark spent that money on automobiles, gambling, travel, clothing, dining and entertainment.

The indictment also alleges that between 2010 and 2017, Clark defrauded clients facing foreclosurehaving them sign over the deeds to their homes to a company owned by his paralegal, Eric Liebman.

Liebman has already pleaded guilty to federal conspiracy to commit bankruptcy fraud.

The indictment alleges Clark promised to save his client's homes from bank foreclosure, but instead of negotiating with banks, he and Liebman rented those properties out to other people and kept the money.

They also allegedly filed fraudulent bankruptcy petitions to delay foreclosures.

We reached out to Clarks attorney Bjorn Brunvand, who says his client has entered a not guilty plea.

He says they are currently reviewing the governments voluminous evidence in the case.

If convicted on all of the charges, Clark could face up to 150 years in prison.

If you have a story youd like the I-Team to investigate, email us at adam@abcactionnews.com

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Tampa attorney spent $1.3 million of client's money on cars, gambling, travel and meals: Feds - ABC Action News

The Fantastic Four Have Perfected the Art of… Gambling?! | CBR – CBR – Comic Book Resources

While on an alien world, three members of the Richards family just found the perfect way to break the bank at the casino.

WARNING: The following contains spoilers for Empyre: Fantastic Fourby Dan Slott, R.B. Silva, Sean Izaakse and Marte Gracia, on sale now.

Most of the lessons the Fantastic Four havetaught Franklin and Valeriaare effective and influential, helping moldthe pair into promising and bright hopes for the future. However, some of those lessons come from unexpected places -- such as effectively robbing a casino.

Susan, Franklin and ValRichards just cheated their way to a small fortune in a space casino, using their abilities to ensure they have a successful enough night of "gambling" to save the rest of the family inEmpyre: Fantastic Four.

RELATED:Has Empyre Duped the Avengers Into Fighting for Villains?

With their ship out of fuel and stranded in deep space, the Fantastic Four are forced to hitch a ride to the Casino Cosmico -- one of the last major economic bastions in the galaxy, controlled by the Profiteer. While Human Torch essentially forces Thing to compete in the fighting tournament to earn the money the team needs to head home, Mister Fantastic and Invisible Woman make their move deeper into the city.

Reed confronts the Profiteer directly about the changing galactic layout, but Sue ends up distracted by Franklin and Val-- who have snuck into the casino, wagered their ship to earn chips and lost almost all of it gambling.

Only one chip is left on the line when Sue arrives in time to ensure their dice roll is successful. Franklin and Val expect to cash out with enough to buy back their ship, but Sue suggests the three of them continue their winning streak through the casino. Using her invisibility to have an effect on all the games of chance, the undetectable Invisible Woman is able to help her children effectively break the bank.

The casino quickly runs out of money due to this apparent stroke of luck, giving the team a major edge when they go to confront the Profiteer after she's captured Reed, Ben and Johnny in the fighting pit.

RELATED:Avengers: Why The Kree-Skrull War Is More Important Than Ever

Since they now effectively own the casino, Franklin and Val are able to force the Profiteer to let their family go and restore their ship to working order -- as well as release the young Kree and Skrull warriors Jo-Venn and N'Kalla into their custody -- in exchange for returning the rights of the casino back to her.This means on this mission, it wasn't just brains or brawn that saved the Fantastic Four; it was the pragmatism and willingness to cheat.

Sue promises to ground the children for even coming into the casino in the first place (which did require the pair of them lying about their species to get past the bouncer). However, she essentially taught her children that cheating can sometimes be for the greater good.

That kind of pragmatism has served the team well in the past and it will likely continue to keep the young heroes alive going forward. She doesn't even seem all that upset with them as they make their way back to Earth. It's kind of a hilarious life lesson for the family -- and a quietly effective one.

In a roundabout way, Franklin and Val learned the dangers of gambling blindly. Even Val's super intelligence fai;s to account for genuine chance and the effect it can have on events. It was only when the pair worked with their family to outsmart their opponents did they win more than enough to save the day. By becoming some of the best high-rollers in the universe for at least one night, Sue may have truly taught her children the dangers of gambling.

KEEP READING: Empyre: A Resurrected Avenger Remixes The Team's Battle Cry

Thanos' Most OBSCENE 'Snap' Was Not in Infinity War or Endgame

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The Fantastic Four Have Perfected the Art of... Gambling?! | CBR - CBR - Comic Book Resources

Slots and sports boost Spain’s online gambling revenue – CalvinAyre.com

Figures released Friday by Spains Direccin General de Ordenacin del Juego (DGOJ) regulatory body show locally licensed online operators generated revenue of just under 218m in the three months ending March 31, up 12.5% from the same period last year and 17.6% better than the final quarter of 2019, which suffered a rare example of negative growth.

Sports betting remained the dominant vertical with revenue of 110.6m in Q1, up 8.6% year-on-year and nearly one-quarter higher than Q419. In-play betting revenue increased 4% to 61.3m despite in-play turnover falling 18.5% year-on-year. Pre-match wagering mirrored this pattern, with revenue rising 13.1% to 46.3m despite turnover falling 10%.

Casino revenue was up 8.3% year-on-year to 77.6m, thanks to strong growth in slots (43.2m, +15.7%), live roulette ( 18.4m, +35.6%) and traditional roulette (10.7m, +16.7%). On the flip side, blackjack revenue was down 17.1% to 5.3m while baccarat was off nearly 80% to just 614k.

Online poker revenue jumped 13.1% year-on-year to 24.2m as tournaments improved by nearly 16% to 16.1m while cash games rose a respectable 8% to 8.1m. Both tournament fees (+30.7%) and cash games stakes (+22.8%) reported solid year-on-year growth.

As for the markets lesser lights, bingo was up 14.7% to 3.7m while the contests segment doubled year-on-year to 1.9m.

Spanish-licensed operators spent 118.2m on marketing during Q1, up 28.3% from the same period last year. Advertising spend rose nearly one-quarter to 59.9m while bonus offers jumped 46% to 42.4m. Affiliate marketing nudged up 1% to 10.3m while sponsorship spending rose 23% to 6m.

Despite this spending increase, only 868k new online gambling accounts were opened during Q1, a year-on-year increase of only 5.6%, while active accounts were basically flat at 911k.

All marketing expenditure will undergo significant reductions if Spain presses forward with plans to dramatically reduce its online licensees promotional efforts. Stakeholders reaction to Thursdays announcement has been fast and furious, with particular emphasis on the furious.

Spanish online operator association Jdigital noted that Spains worrisome plans to restrict nearly all gambling promos contained a hypocritical carveout for the state-run SELAE lottery operation (which, in typical tone-deaf fashion, chose Thursday to unveil the new marketing campaign for its annual Christmas Lottery).

Jdigital expressed hope that the European Commission would take note of this blatant favoritism, while claiming that the discrimination and harassment of private gaming appeared to reflect more of an ideological response than credible consumer protection objectives.

The Cejuego industry group was similarly skeptical that Spains completely discriminatory treatment would meet with EC approval, saying there was no data or cause to support the governments contention that gambling marketing was harming Spanish consumers.

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Slots and sports boost Spain's online gambling revenue - CalvinAyre.com

Spains Q1, 2020 Gambling Results Grow by 12.5% YOY – GamblingNews.com

Shortly after Spain proposed new restrictive measures to online gambling and betting, advertisement and promotions, the DGOJ presented the Q1, 2020 gambling numbers, marking an overall 12.5% year-over-year increase in gambling revenue.

Spains gambling revenue has grown yet again in the first quarter of the year. Results for Q1, 2020 were up 12.5% year-over-year, thanks to accelerated activity across every vertical of the market, including sports betting as well as iGaming, bingo, and poker. However, most activities came to a halt in mid-March due to the COVID-19 pandemic which forced most of Spain on shutdown.

Revenue leading up to March 31, however, ended up at 218.0 million or around $246 million. The official results from the Direccin General del Ordenacin del Juego show that players wagered an estimated 4.80 billion or up 3.6% year-over-year.

There has been a growth in the frequency and volume of online betting and gaming accounts, with 289,340 new people signing up to place a bet, or a 5.6% more than a year before. Some 911,218 accounts were active during the reported period.

Sports betting naturally contributed the most to the overall results with 110.6 million in the books or 8.7% year-over-year growth, and 50.8% of the whole quarterly total. Fixed-odds betting was the main and most bet-on market, which also grew by 13.1%.

Interestingly, live betting, or in-play betting as its known, accounted for the second-largest generator of revenue with 61.3 million during the period, or 4% year-over-year.

Another vertical of growth was online gaming in Spain. The revenue was up by 16.8% over the period, arriving at 77.6 million over the entire reported period released in DGOJs latest numbers. Slots were the main driver of growth with 43.2 million of the total revenue.

Interestingly, live roulette added 18.4 million to the total revenue, which constituted a 35.6% growth in the specific segment, DGOJ reported. Meanwhile, poker has seen more people joining and trying the game. The revenue stood at 24.2 million or a 13.1% increase year-over-year.

Tournaments during the lockdown grew quickly, the regulator explained, and cash game contributions rose by 7.9% to 8.1 million. Bingo operations added another 3.7 million to the overall results, marking a 14.7% overall increase in activities.

DGOJ offered insight into marketing investment by gambling firms, which saw another 28.3% in Q1 and ended with 118.2 million. However, marketing efforts may soon come to a halt, after Spain sent a revised gambling regulation proposal to the European Commission.

Effectively, Spain wants to curb the reach of gambling advertisement, suspend most promotions, and tighten the control and restrictions over the sector. Some of those measures were part of ad-hoc solutions during the lockdown, but they have now been inked into the long-term plans of the government.

Should they come into effect, this may stop years of growth Spain has been posting recently. Gambling advertisements were limited when the COVID-19 crisis began. But even before that, the government said that it would seek to suspend at least 80% of all gambling advertisements in the country.

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Spains Q1, 2020 Gambling Results Grow by 12.5% YOY - GamblingNews.com

Online Gambling Software Market Research Report by Downstream Applications, Competitive Analysis And Regional Forecast by 2024 – Daily Research…

The Global Online Gambling Software Market is broadly and deeply studied in the report with a key focus on the competitive landscape, regional growth, market segmentation, and market dynamics. We have used the latest primary and secondary research techniques for compiling this comprehensive research study. The report offers Porters Five Forces analysis, PESTLE analysis, competitive analysis, manufacturing cost analysis, revenue and production analysis, and various other types of analysis to provide a complete view of the global Online Gambling Software Market. Each segment of the global Online Gambling Software market is carefully analyzed on the basis of market share, CAGR, and other vital factors. The global Online Gambling Software market is also statistically presented with the help of Y-o-Y growth, CAGR, revenue, production, and other important calculations. The report presents the market competitive landscape and consistent in-depth analysis of the major vendor/key players in the market along with the impact of economic slowdown due to COVID.

Global Online Gambling Software market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer;

the top players including

Get PDF of Online Gambling Software Market report template: https://www.amplemarketreports.com/sample-request/global-online-gambling-software-market-1830392.html

On the basis of product, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Key questions answered in the Online Gambling Software Market report by the research study:

What impact does COVID-19 have made on Online Gambling Software Market Growth & Sizing?

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Our report includes ongoing and latest market trends, company market shares, market forecasts, competitive bench-marking, competitive mapping, and in-depth analysis of key sustainability tactics and their impact on market growth and competition. In order to estimate the quantitative aspects and segment the global Online Gambling Software market, we used a recommended combination of top-down and bottom-up approaches. We studied the global Online Gambling Software market from three key perspectives through data triangulation. Our iterative and comprehensive research methodology helps us to provide the most accurate market forecasts and estimates with no to minimum errors.

Industry Matrix Analysis of Online Gambling Software Market:

As part of our quantitative analysis, we have provided regional market forecast by type and application, market revenue forecasts and estimations by type, application, and region up to 2025, and global Online Gambling Software market revenue and production forecasts and estimations up to 2025. For qualitative analysis, we have concentrated on policy and regulatory scenarios, component benchmarking, technology landscape, key market issues, and industry landscape and trends.

We have also focused on technological edge, profitability, business size, company strengthens in relation to the industry, and analysis of products and applications in terms of market growth and market share.

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Table of Contents:

Report Overview: It covers the scope of the research study, companies profiled in the report, objectives of and years considered for the research study, and highlights of type, application, and regional segmentation. As part of the highlights of segmental analysis, this section discloses growth rates and market shares of segments.

Executive Summary: It includes analysis of the global market size, the market size by region, and industry trends. Under market size by region, this section concentrates on growth rates and Online Gambling Software market shares. Under industry trends, it focuses on market use cases and top trends of the market.

Key Players: Here, revenue by manufacturer, funding and investment analysis by player, expansion plans, mergers and acquisitions, and company establishment dates are included.

Geographical Online Gambling Software Market Analysis: This part of the report assesses key regional and country-level markets on the basis of market size by type and application, key players, and market forecast.

Profiles of International Players: All of the companies profiled in this section are deeply evaluated, keeping in view their prices, gross margin, revenue, sales, and core and other businesses. This section also gives company details, a business overview of players, and other information.

Online Gambling Software Market Dynamics: Here, the report provides supply chain analysis, regional marketing analysis by type and application, and analysis of market drivers, restraints, and opportunities.

Appendix: It includes author details, a disclaimer, data sources, research approach, and research methodology.

Breakdown by Type, Application, and Region

Key Findings of the Report

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Online Gambling Software Market Research Report by Downstream Applications, Competitive Analysis And Regional Forecast by 2024 - Daily Research...

Online Gambling Software Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 -…

New Jersey, United States,- Latest update on Online Gambling Software Market Analysis report published with extensive market research, Online Gambling Software Market growth analysis, and forecast by 2026. this report is highly predictive as it holds the overall market analysis of topmost companies into the Online Gambling Software industry. With the classified Online Gambling Software market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share, and so on.

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Online Gambling Software Market competition by top Manufacturers:

Online Gambling Software Market Classification by Types:

Online Gambling Software Market Size by End-user Application:

Listing a few pointers from the report:

The objective of the Online Gambling Software Market Report:

Cataloging the competitive terrain of the Online Gambling Software market:

Unveiling the geographical penetration of the Online Gambling Software market:

The report of the Online Gambling Software market is an in-depth analysis of the business vertical projected to record a commendable annual growth rate over the estimated time period. It also comprises of a precise evaluation of the dynamics related to this marketplace. The purpose of the Online Gambling Software Market report is to provide important information related to the industry deliverables such as market size, valuation forecast, sales volume, etc.

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UK gambling charity calls on banks to improve card blocking systems – Yogonet International

U

K gambling charity GambleAware has released a report urging banks to improve card blocking systems introduced to help problem gamblers after it emerged 40% of current accounts offer no help in this area.

The ability for customers to ask for payments to gambling sites to be blocked is considered important as it helps those whose betting is out of control, especially considering that problem gambling is thought to cost the UK up to 1.2bn a year.

Researchers at the University of Bristols personal finance center found that many banks were failing to offer the ability to block such spending, or the controls were easily turned off, the Guardian reports.

GambleAware said Nationwide and Capital One do not offer to block card payments to gambling companies as a standard feature. Of the eight banks that do offer the option, customers of three could immediately turn them off.

The reports authors have called on the regulators to ensure all banks have card blockers in place, with the restrictions unable to be removed for at least 48 hours. They have also called on financial institutions to do more to raise awareness among customers that the blockers are available.

Prof Sharon Collard, of the University of Bristol, said: "Our research has found bank card gambling blockers are not available on roughly 40% of personal current accounts. This means an estimated 28 million people are missing out on this crucial tool to block gambling expenditure which helps protect them from harm. We are calling on the Financial Conduct Authority to urgently recommend that gambling blocks are standard on all debit and credit cards."

The GambleAware chief executive, Marc Etches, said: "Keeping people safe from gambling harms requires banks to play their full part in providing consumers with effective means to block gambling transactions."

Last week ministers pledged to review the 2005 Gambling Act in the face of a growing consensus among MPs and addiction experts that the current legislation is no longer effective.

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UK gambling charity calls on banks to improve card blocking systems - Yogonet International