#gambling-law

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fromReadWrite
18 hours ago

Austrian Supreme Court rules out loot boxes as gambling

The Austrian Supreme Court has ruled that loot boxes present within video games do not constitute gambling under their gambling laws. This comes after a player attempted to reclaim nearly €20,000 ($24,000) spent on in-game purchases in a football video game. The plaintiff spent money in the game on loot boxes between 2017 and 2021, with the purpose of acquiring digital players in order to enhance his virtual team in the game.
Miscellaneous
US politics
fromReadWrite
1 day ago

Hawaii House Bill 2198 targets prediction markets

Hawaii House Bill 2198 would classify prediction markets as gambling and ban contracts tied to outcomes of sports, contests, people, politics, catastrophe, and death.
fromwww.independent.co.uk
1 month ago

Property tycoon who lost 1.5m on football bets loses court battle against Betfair

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
UK news
US politics
fromESPN.com
6 months ago

California AG says daily fantasy is illegal in state

Daily fantasy is considered illegal gambling in California based on the attorney general's opinion.
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