#Financial Crimes Enforcement Network

nftnow.com

Google to Allow NFT Gaming Ads, Restricts Staking & Gambling

Beginning September 15, you will start to see more NFT gaming Google, as the tech giant recently updated its cryptocurrency advertising policy. The updated policy will now permit advertisements for NFT games that enable players to purchase in-game items like virtual apparel, weapons, or armor, enhancing the gaming experience.

Crypto ・ 08 September 2023

Madison

Latest updates about regulations of the gambling industry in the U.S. in 2023

Gambling has been a significant part of American culture since its inception, and the industry has grown and evolved over the years. The modern gambling industry in the United States is highly regulated, and the laws that govern it have changed over time. In 2023, there have been several updates about regulations of the gambling industry in the…

Law ・ 28 April 2023

The National Law Review

Casinos In the Metaverse Are A Gamble In More Ways Than One

The metaverse is an immersive online universe on the blockchain where users interact with a multitude of digital worlds and with each other. As in the real world, the metaverse offers a wide variety of activities and entertainment options. The metaverse has become a haven for gaming. Users can explore casino "districts," offering slots, poker,…

Law ・ 31 December 2022

The Wall Street Journal

As Online Gambling Grows, So Does the Financial Crime Risk

Online gambling is booming across the U.S. and compliance experts caution that it creates opportunities for criminals to launder money or take part in other financial crimes. The U.S. has seen states pile into legal online gambling with fervor, eager for potential tax revenue. Since 2018, when the U.S. Supreme Court struck down a ban on sports…

Incidents ・ 01 December 2022

Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.

Lexology

Metaverse Casinos: A Regulatory Wild West

The metaverse is an immersive online universe on the blockchain where users interact with a multitude of digital worlds and with each other. As in the real world, the metaverse offers a wide variety of activities and entertainment options. The metaverse has become a haven for gaming. Users can explore casino "districts," offering slots, poker,…

Innovation ・ 30 September 2022

The Nevada Independent

Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Volatile pricing fluctuations that can…

Land-based ・ 01 June 2022

The Nevada Independent

Experts: Nevada’s casino industry can’t ‘bury its head’ over cryptocurrency

Derek Stevens wasn't sure how his customers would respond eight years ago when he began accepting Bitcoin for select non-gaming transactions at the D Las Vegas and Golden Gate. He thought guests would use the digital currency for splashy purchases, such as hotel rooms or meals at the D's American Coney Island and Andiamo Italian Steakhouse.…

Industry ・ 28 February 2022

Gambling News

Nevada Considers Remote Registration for Cashless Casino Play

Nevada could soon allow remote registration and ID verification for cashless payment accounts in state casinos. This would help reduce the bottlenecks customers face when trying to sign up in person. On Thursday, the Nevada Gaming Control Board (NGCB) held an afternoon workshop for 70 minutes to discuss the proposal, which received some support…

Gaming Authorities ・ 23 November 2021

RELATED LOCATIONS

Country

USA

State

Nevada

City

Las Vegas, USA

Nevada Current

Casino rule change would allow cashless gambling minus in-person ID check

Nevada regulators are considering a rule change to allow casino patrons to sign up for cashless payments on table game bets, slot machines and hotel purchases without physically presenting identification. The change would not apply to betting on sporting events or racing. Current law allows patrons to set up and fund cashless betting accounts…

Gaming Authorities ・ 23 November 2021

Gambling News

Sightline Argues the Case for Remote Verification in Nevada Casinos

Cashless payments were all the rage during the pandemic, and the momentum such solutions gathered during 2020 and the better part of 2021 may finally be transforming them into a permanent part of the casino gambling landscape in places such as Nevada. A proposal by Sightline Payments, an expert in the delivery of such technology, was heard by…

Land-based ・ 23 November 2021

Gambling News

FinCEN Loosens Regulations Concerning Casino ID Verification

The Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department is bringing good news to casino customers as it loosens the regulations concerning ID verification. On Wednesday, FinCEN stated that the use of non-documentary means in order to ID their visitors will be permitted. Before this new regulation, casino staff were required…

Trust and Safety ・ 22 October 2021

PYMNTS

Stopping Fraud in the Online Gaming Marketplace

Big business, online gaming and gambling became even more popular during the pandemic as consumers sought entertainment at home. Players worldwide signed on in droves, and the online gambling market is predicted to rise from approximately $64 billion in 2020 to more than $72 billion in 2021, a growth rate of 12%. In-game assets for digital gaming…

Trust and Safety ・ 21 October 2021

RELATED CATEGORIES

Category

Gaming Authorities

Category

Law

Category

Industry

Category

Crypto

Marianas Variety

Casino commission to look into internet gaming

WITH Imperial Pacific International's future in doubt, the Commonwealth Casino Commission is now looking into internet gaming. During the commission's regular monthly meeting on Thursday, Chairman Edward C. Deleon Guerrero, the other commissioners and Executive Director Andrew Yeom discussed House Bill 22-47, which proposes to allow and regulate…

Covid ・ 25 June 2021

The Nevada Independent

Digital and cashless gaming technology viewed as bringing casinos into the 21st century

Cashless gaming has been used on slot machines throughout the casino industry for at least two decades, although it wasn't initially accepted by customers. When the original systems, dubbed ticket-in/ticket-out, were introduced, they confused older slot players, who didn't understand why winnings came out in the form of a ticket voucher, rather…

Gaming Authorities ・ 07 May 2021