Gambling, Risk Management, Gaming

Operating Social Casino-Style Applications Continues to be Costly in Washington State

Sheppard Mullin Richter & Hampton LLP on 2/13/2025

In the latest string of gambling cases involving social casino-style apps out of Washington state, a federal jury has awarded a class of players nearly $25 million for injuries arising from the use of two of High 5 Game’s...more

AMA Updates AML Best Practices for AML Compliance

Ballard Spahr LLP on 12/31/2019

AMA Details Components of a Strong AML/BSA Program - Earlier this month, the American Gaming Association (“AGA”) released an updated Best Practices for Anti-Money Laundering (“AML”) Compliance (“Best Practices Guidance”)...more

Game over for loot boxes?

White & Case LLP on 11/11/2019

The findings of the UK's Immersive and Addictive Technologies Inquiry may significantly impact the economics of video game companies. Executive summary - On 12 September 2019, the UK government's Digital, Culture, Media...more

Did you know that Casinos are Financial Institutions?

Foodman CPAs & Advisors on 6/8/2018

Since 1985, Casinos that have Gross Annual Gaming Revenues in excess of $1,000,000 are considered to be Financial Institutions and are subject to the requirements of the Bank Secrecy Act (BSA). ...more

Nevada’s Gaming Policy Committee Convenes To Discuss Marijuana And The Gaming Industry

Dickinson Wright on 12/7/2017

How far do Nevada’s casinos need to go to police marijuana use by their customers? Can a casino resort allow a marijuana industry conference to utilize its convention facilities? What practices do casinos need to follow...more

Upping the Ante on Casinos’ AML Compliance

K2 Integrity on 10/24/2016

FinCEN focus requires major shift in gaming business practices - Which complex, global industry where billions of dollars exchange hands every day, and where high-net-worth customers park significant sums, is facing...more