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Nevada Bill SB40 : Illegal gambling Affilites
Friday January 23,2015 : NEVADA TO TIGHTEN REGULATION OF AFFILIATE MARKETERS
Bill SB40 to be debated this year.
Affiliate marketers in the Nevada online poker market could be faced with a decision on whether it is really worth continuing to serve local operators if amendments to the state's gambling legislation go through this year.
SB40, currently in the senate Judiciary Committee, appears to be very broad in its application, and seeks to make it illegal for affiliates to profit from online gambling operators who do not hold a Nevada online poker licence.
Whilst it is already illegal to accept or receive wagers without a Nevada gaming license, SB 40 extends that punitive liability to anyone who "directly or indirectly" financially benefits or is rewarded for promoting any entity offering illegal wagers in the state.
The brief amendment proposes that violations be treated as Class B felonies, carrying between 1 and 6 years imprisonment or a fine of up to $5,000.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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