No new penalties for illegal gambling in Cayman Islands—for now

Cayman Islands Attorney General Samuel Bulgin announced that the government had “put off amendments to the Gambling Law” to provide “time and opportunity for a further review of existing provisions.” The proposed changes involved significant increases in both financial penalties and prison sentences: the financial cost of such a conviction would rise from its current $400 to $10k, while the maximum prison sentence would triple to three years.
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CalvinAyreNews
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4th December 2018
CalvinAyre Newsletter
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INVITE FRIENDS
Cayman Islands gov’t pumps brakes on new gambling penalties
A review is in order

The Story

Cayman Islands Attorney General Samuel Bulgin announced that the government had “put off amendments to the Gambling Law” to provide “time and opportunity for a further review of existing provisions.” The proposed changes involved significant increases in both financial penalties and prison sentences: the financial cost of such a conviction would rise from its current $400 to $10k, while the maximum prison sentence would triple to three years.

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RAFI’S MARKETS
Vegas is still ‘epicenter’ of US sports betting

Buy William Hill on a no-deal Brexit

William Hill appears to be already in its own recession even before the real one has gotten started, according to CalvinAyre.com’s Rafi Farber.

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FROM COINGEEK.COM
G20 nations agree to regulate cryptocurrency

G20 nations agree to regulate cryptocurrency

Members of the G20 international forum have signed a joint declaration that establishes, among other things, the adoption of regulations for cryptocurrencies, in line with standards set forth by the Financial Action Task Force.

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GLOBAL ROUND UP
ASIA
CASINO
PAGCOR told to issue Waterfront Philippines casino license
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CASINO
Morgan Stanley sees easing trade war to benefit Macau casinos
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EUROPE
BUSINESS
Poland issues two new online sports betting licenses
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BUSINESS
William Hill puts digital jobs under review in ‘efficiency’ push
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NORTH AMERICA
BUSINESS
Sports betting eyed for Missouri
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PRESS RELEASE

Casino Barcelona Online signs a video slots deal with Pragmatic Play

Under the agreement, Pragmatic Play’s growing suite of content, which contains more than 100 HTML5 video slots, will go live with Casinobarcelona.es for the first time.

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SHOUT OUT
Congratulations to Alberto Stegeman for winning the 27th annual Master Classics of Poker! The award-winning journalist and TV host topped a field of 294 players in the €4,300 Main Event, becoming the fifth Dutchman to win the title in the past decade.
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