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The road ahead is difficult, but it also offers opportunity, according to the president
President Nikos Christodoulides made the keynote address at this year's Nicosia Economic Congress on Tuesday, emphasising his...
May 10, 20234 min read


Donald Trump to pay a writer $5 million in a sexual assault case
During the 1990s, a journalist was sexually assaulted by Donald Trump in a Manhattan department shop. This verdict is a huge legal...
May 10, 20233 min read


Macau wonders "what the future looks like" as China's reopened border benefits casinos
There isn't a single empty seat on the casino floor of Macau's most recognisable landmark, the Grand Lisboa Hotel. Casino goers at the...
May 9, 20234 min read


Regulators ask the Department of Justice to take action against offshore gaming
A consortium of seven gaming regulators has signed a letter requesting the Department of Justice (DoJ) to take action in response to the...
May 8, 20232 min read


Vermont takes another step towards legalising online sports betting
On Wednesday, the Vermont Senate passed online sports betting legislation by voice vote during the bill's second reading. After earning...
May 5, 20232 min read


Israel seizes 190 Binance accounts related to ISIS and Hamas in huge CFT operation
ISRAEL has confiscated over 190 cryptocurrency accounts at Binance since 2021, including two it claims are tied to ISIS. Documents...
May 5, 20234 min read


A German regulator has classified DFS as illegal gambling
The Gemeinsamen Glücksspielbehörde der Länder (GGL) has classified daily fantasy sports (DFS) as "certain forms" of illegal gambling in...
May 4, 20231 min read


According to an EU official, Russian assets frozen in Cyprus are "relatively low."
The European Commission is perplexed by the low number of Russian oligarchs' frozen assets in Cyprus, said European Commissioner for...
May 4, 20233 min read


Finance Minister Lindner says Germany is enhancing its customs service to play a crucial AML role
According to German Finance Minister Christian Lindner, German customs will be strengthened to play a crucial role in the fight against...
May 4, 20231 min read


India rejects plans to raise taxes on the wealthy
Although India has changed some tax rates for individuals and businesses, sources say it is still working on other issues such as capital...
May 3, 20232 min read


After Supergluing Chips to Hands, Marina Bay Sands Gamblers Sentenced for Theft
A court in Singapore sentenced three Chinese nationals to prison for applying superglue to the palms of their hands in order to steal...
May 3, 20232 min read


Swedish gambling regulator fines Betfair for allowing wagering on U21 football
Online bookmaker Betfair was punished by the Swedish gaming regulator Spelinspektionen for repeatedly breaking the terms of its license....
May 2, 20231 min read


Risk-off European investors who are risk-averse swarm money market funds
Money market funds were the most popular investments in March, attracting €34.1 billion from European investors, who helped the industry...
May 2, 20232 min read


The trial of an OpenSea crypto product manager might set stage for subsequent cases
A defense attorney testified on Monday, as an insider trading trial came to a conclusion, that a former product manager at OpenSea, the...
May 2, 20232 min read


India's high court modifies the scope of litigation for matters involving transfer pricing
The Supreme Court recently held that transfer pricing comparability difficulties can result in a "substantial question of law." High...
Apr 28, 20232 min read


Hellenic Bank promises to help the Cypriot maritime industry
Hellenic Bank issued a statement on Thursday emphasising its support for the shipping industry and its personnel, which is shown in its...
Apr 28, 20232 min read


What is discussed in the white paper on the Gambling Act?
The most revolutionary study of gambling in the United Kingdom in 18 years has finally been published, after years of delays and...
Apr 28, 20233 min read


Frank's International will pay $8 million in an FCPA case
Frank's International, a Dutch oilfield services supplier, agreed to pay approximately $8 million in a settlement with the Securities and...
Apr 27, 20232 min read


Crown Melbourne has been fined a new US$20 million for improper "bank cheque practise"
Crown Melbourne has been fined US$30 million (US$20 million) by the Victorian Gambling and Casino Control Commission (VGCCC) for engaging...
Apr 27, 20232 min read


Property prices and rental rates in Cyprus have risen yet again
Ask Wire, a Cypriot real estate and technology business, presented the latest iteration of its property market index on Wednesday,...
Apr 27, 20232 min read
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