Economy/Finance

California card rooms suing to halt November sportsbetting ballot initiative

In California and a pair of prominent card room operators have filed a lawsuit to challenge the legality of an upcoming statewide referendum that could legalize sports wagering and allow tribal casinos to offer...

Philippines to remain on the FATF’s ‘grey list’ despite some improvement

The international body that grades countries’ efforts at helping to prevent money laundering and the financing of terrorism has reportedly announced that the Philippines is to remain on its ‘grey list’ of monit...

Parimatch and Bet365 close their Russia-facing iGaming domains

Prominent online casino and sportsbetting operators Parimatch and Bet365 have reportedly pulled their services from Russia after that giant nation’s army last week invaded the neighboring country of Ukraine. ...