Posts Tagged "illegality"

Kyle Lafferty to pay a fine of £23,000 after pleading guilty to FA betting charge

Kyle Lafferty to pay a fine of £23,000 after pleading guilty to FA betting charge

The former Norwich Rangers striker by the name Kyle Lafferty has pleaded guilty to accepting a Football Association betting charge. He further received a strict warning and in addition to a £23,000 fine from the FA. Lafferty had placed a bet on a match that caused him to breach the FA rule E8, he did this on February 20, 2016. The bet he placed was on the result, conduct, progress or any other feature or occurrence relating to the football match or competition. The 28-year old striker made only one premier league appearance on the season of 2015-16. He later spent the end of the season on Birmingham City before featuring for Northern Ireland at Euro 2016.

Even though Northern Ireland and Norwich did not play on the said date, it was wrong for Lafferty to place the bet since the E8 rule forbids professional players from betting on matches they are participating in. the rule also forbids players from placing bets on matches they have influence on or even on any other football match taking place anywhere in the world. He has therefore being given until August 5th to respond to the misconduct charge. He was thereafter charged and fined £23,000.

There was an FA statement release which stated that £23,000 had being placed as a fine on Kyle Lafferty after he pleaded guilty to the offence. He was also given a warning relating to his future conduct. The player fell out of favor with Norwich since he made six appearances and only scored one goal. In the qualifying matches he managed to score for Northern Irish and also participated in the Euro 2016 where he played for his country in the last 16 match. The transfer window is due to close on August 31st and the striker is expected to move to another club before then.

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$13M Sports Betting Fraud suspect busted

$13M Sports Betting Fraud suspect busted

Thursday was a very honorable day for the Brooklyn Attorney’s Office. On this day The Brooklyn Lawyers workplace busted a $13.2 million Net-based sport gambling activity, of which officials alleges that it was run by a Lucchese crime-household soldier. Eugene, who’s an esteemed mobster “Boopsie” Castelle and a five man work party allegedly, brought in bets on professional as well as collegiate sporting occasions all over the world. At the same time they were wring funds to another location presumed to be offshore.

The alleged suspects were impinged on with a 37 enumerate indictment on Thursday in front of Brooklyn’s Supreme Court Justice Danny Chun. The suspects were charged with a lot allegation. The allegations include: Corruption, they were also said to have promoted gambling, they were also charged to have been laundering money and unlawful conspiracy.

Authorities alleged that one of Staten Island was involved too. Castelle which is Staten’s fifty six island is alleged to have received some cash.  This additional money is said to have been a kind of corruption so as to offer security from the rivals of the busted ring. Anthony Grecco superintended the day-t0 day administration of the pack. Sixty two of Queens. He was charged with three counts of felony for running a mortgage sharking operation. On each count, he faces as much as fifteen years of imprisonment based on each account. To add on that, he also faces twenty five years in jail faced up by his cohorts.

Authorities also said that there were other agents who aide the ring. They are: Theodore Vasilakis , Gaetano Zuccarello,  Laonnis Dinos and lastly Vincent Mormile. The part they played was to protect and monitoring of the rings bets, reporting to Anthony Grecco  and taming relationships with gamblers.  DA Ken Thompson said that the defendants were charged with running a  profitable playing ring that took in tens of millions of dollars in bets and extended all the way to Costa Rica.

If the defendants will be convicted according to the crimes they’ve been caught with, they’ll face up to 25 years in prison.

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Crownbet gets fined for not adhering to NSW laws on advertising

Crownbet gets fined for not adhering to NSW laws on advertising

The Australian online bookmaker, CrownBet AUS has been charged $20, 000 for going against the advertising laws on the promotion of the gambling services. The fine has been issued by the Liquor and Gaming Board of New South Wales. They were convicted with five charges in regards to publishing information that enticed consumers into gambling. The information was uploaded in its website and featured various bonus rewards offers for the AFL Grand Final, NBA and the Melbourne Cup. Bookmakers are under strict warning from the NSW betting regulations and are not allowed to publish promotions or enticing materials that allow gambling.

The NWS does not also allow the use of customer credit in promoting gambling. Vouchers and sign up rewards are also prohibited by their regulations. The Crownbet NRL and AFL campaign on ‘The Game Just Changed’ had been under investigation by the NSW watchdog. It was a multi- content advert that promoted Crownbet reward points by encouraging consumers to place bets. This was a very serious mistake. They also put strong enticing words on their website stating that; “There is nothing like it, start earning points now.”

The management of Crownbet online bookmaker did not deny the five charges and announced that it was aware and respected the laws set aside by the NSW betting regulations. The management also showed disappointment to the internal administrative mistakes that brought about the breaking of rules. The Crownbet management has also been working hand in hand with the Office of liquor and gaming in improving its various processes and various structures that will make sure that they comply with the various laws.

The NSW Liquor and Gaming Board had earlier on in 2015 warned against enticements that bookmakers made on bonus rewards. They had promised to take serious action against all bookmakers advertising gambling materials.

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Italian Government to levy 22% tax to all betting sites

Italian Government to levy 22% tax to all betting sites

Five years down the line after the initiation of online betting in Italy, things have been running smoothly for the government apart from criticism from several betting companies on the tax levied. Nonetheless this has not hindered the government in imposing heavy taxation to the online betting sites. This has lifted the economy of the nation going against all odds and other stakeholders who saw online betting in a negative aspect back in 2010. The set rules have been crucial for the nation in attempt to eradicate the so called match fixing and other illegal dealings which have tarnished the online betting business.

To keep up this strong fight for any irregularities, the Italian Ministry of finance as well as the national chamber of commerce has indulged in a number of rules amendments to the betting sector of the nation. The recent change has involved the initiation of a 22% levy tax to all betting sites across the nation. This new move however is scheduled to start functioning in 2016 with the aim of improving the set conditions for the sector’s commercials.

This means that Italy will have to do with the controversial tax turnover which was scheduled for 2-5% and incorporate the new 22% set on the fixed net betting income. However, the new 22% is claimed to be 2% more than the stipulated tax rates on poker services, games as well as online casino. The new incorporation will be a part of the Italian legislators bid which focuses on having a new enterprise in the market by 2016.

The Amministrazione Autonoma dei Monopoli di Stato (AAMS) has been faced by a series of critics from several European operators who have argued that the state corporation has incorporated unjust tax scheme which have been hindering the growth and provision of services to online betting operators.

The new policy of 22% tax levy will however has to go past the Chamber Committee who will approve or reject it to the corporate law. There were other changes and increases in both the amusement with prizes (AWP) as well as video lottery terminal (VLT) operators. AWP will see its tax increased to 17.5% where the payouts will go down to 70%. On the other hand, VLT will be at 5.5% up by 0.5%.

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Betting firms to be keen on Responsible Betting Trust funding

Betting firms to be keen on Responsible Betting Trust funding

UK’s Minister for Sport Tracey Crouch has claimed that he will not tolerate any sort of illegal gambling and other related actions to the gambling industry. He spoke during the Responsible Gambling Trust which was held for the third year since it was launched. The conference took place at the King’s Fund in London. Mr. Crouch claimed that he was for the good work that has been for long portrayed and put into practice by RGT and the betting industry who have worked closely with the government in attempt to eradicate illegal betting.

She claimed that all has to be put into practice in order to have a peaceful co-existence in the industry. The joining hands of the government, betting industry as well as the regulators are crucial for the eradication of any irregularities related to the industry. She continued to say the no huge part can be played by Goodwill alone as there are other aspects that needs to be put into consideration. The least amount of time the RGT takes to put in place the resources at the right place is far much better than working all alone.

She was backed up by Neil Goulden who is the chair person at Charity who urged all stake holders to embrace the desire to up their work for a better and smooth running of businesses. This included raising their willing donations to the RGT. According to RGT, the betting firms should at least give out 0.1% of their total yield which would be used to support various sectors including education, treatment as well as thesis on various ways to minimize illegal betting. The 0.1% is believed to be roughly £9 million an year. In 2014/15, the RGT received donations amounting to £6.5 million.

Goulden claimed that it is a good job done by RGSB who have devoted their efforts in coming up with various strategies of eradicating any form of harmful behaviors in the industry. It is now upon the stakeholders in the industry to come out and at least fund the organization with just 1p from their £10 in gross profit. Others have gone an extra mile in giving out more than what the organization asks which a very generous entity is.

He concluded by saying that it is upon the firms under Industry Group for Responsible Gambling to fund the RGT who will not let them down in their respective duties.

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