The UK Gambling Commission (UKGC) has warned its licensed operators of the dangers of accepting wagers on TV programs and other novelty betting markets.

In a letter sent to licensees this week, the UKGC noted that there had been “repeated instances” of operators offering betting markets on pre-recorded TV shows such as the Great British Bake Off and Strictly Come Dancing, after which “media reports emerge that suggest there are issues of integrity.”

The UKGC goes on to say that much of this media reporting “appears to have originated from the operators themselves,” as these reports generally involve operator claims of having “over-exposed their liability or identified integrity concerns tenuously linked” to the subject of the prop bets.

The UKGC says such claims are damaging not only to the content creators and the general public, but the suggestion of shenanigans also harms “the wider perception of gambling in Great Britain.”

The UK Gambling Commission (UKGC) has warned its licensed operators of the dangers of accepting wagers on TV programs and other novelty betting markets.

In a letter sent to licensees this week, the UKGC noted that there had been “repeated instances” of operators offering betting markets on pre-recorded TV shows such as the Great British Bake Off and Strictly Come Dancing, after which “media reports emerge that suggest there are issues of integrity.”

The UKGC goes on to say that much of this media reporting “appears to have originated from the operators themselves,” as these reports generally involve operator claims of having “over-exposed their liability or identified integrity concerns tenuously linked” to the subject of the prop bets.

The UKGC says such claims are damaging not only to the content creators and the general public, but the suggestion of shenanigans also harms “the wider perception of gambling in Great Britain.”

Canadian online gambling operator Intertain Group has appointed former Sportingbet boss Andrew McIver as its new chief executive.

In February, erstwhile Intertain CEO John Kennedy Fitzgerald announced he would be stepping down following a highly critical independent review of the company’s management incentive plan.

On Tuesday, Intertain announced that McIver (pictured near right) would be taking over as CEO and a director of the company’s board, effective immediately. Intertain also appointed former Gala Coral exec Neil Goulden (pictured far right) as board chairman.

Fitzgerald is walking away with a golden handshake of C$10.5m (US $8m), the last of several major paydays Fitzgerald ‘earned’ during his time at Intertain’s helm.

Could blockchain be the key that will open the door to a cashless society? That’s what the Reserve Bank of India is banking on.

India is considered to be one of the largest cash dependent nations in the world, which, in turn, has created a challenge for the Indian central bank to find ways to ensure that the country’s monetary system remains liquid. So far, the Reserve Bank of India has been printing more currency notes in exchange for the old banknotes that have been put out of commission.

This time, however, the central bank is planning to look into other ways—such as blockchain—as a possible solution to reduce the use of paper currency.

Reserve Bank of India deputy governor HR Khan said the central bank is forming a committee that will study the use of blockchain, telling the Times of India: “Blockchain is one thing that has come out of bitcoin which provides a lot of flexibility in terms of financial transactions. So, we need to study… how this blockchain technology can be used in financial transactions where the entire data systems move to some more levels.”

Could blockchain be the key that will open the door to a cashless society? That’s what the Reserve Bank of India is banking on.

India is considered to be one of the largest cash dependent nations in the world, which, in turn, has created a challenge for the Indian central bank to find ways to ensure that the country’s monetary system remains liquid. So far, the Reserve Bank of India has been printing more currency notes in exchange for the old banknotes that have been put out of commission.

This time, however, the central bank is planning to look into other ways—such as blockchain—as a possible solution to reduce the use of paper currency.

Reserve Bank of India deputy governor HR Khan said the central bank is forming a committee that will study the use of blockchain, telling the Times of India: “Blockchain is one thing that has come out of bitcoin which provides a lot of flexibility in terms of financial transactions. So, we need to study… how this blockchain technology can be used in financial transactions where the entire data systems move to some more levels.”

Tribes were in for a two-front legal battle these past few days – one of which involves a gaming pact with the California state government while the other tackled the debate on whether National Labor Relations Board (NLRB) has authority over Native American enterprises on tribal land.

In Washington, D.C., tribes suffered a major setback after the U.S. Supreme Court (SC) tossed out Soaring Eagle Casino and Resort’s petition aimed to overturn a U.S. Court of Appeals decision, which recognized NLRB’s authority over Native American businesses.

Legal news website The National Law Journal reported that the SC declined to rule on the issue of NLRB’s clout over tribes and instead left in place the appellate court’s ruling that favored the labor board.

The case stemmed from the two-pronged appeals court ruling on NLRB’s clout on tribal casinos. One appeals panel ruled in June 2015 that the NLRB had jurisdiction over a casino run by the Little River Band of Ottawa Indians on reservation land. But another panel, which handled the case of Soaring Eagle, disagreed with the Little River decision but said it was bound by it and ruled for the labor board.

Tribes were in for a two-front legal battle these past few days – one of which involves a gaming pact with the California state government while the other tackled the debate on whether National Labor Relations Board (NLRB) has authority over Native American enterprises on tribal land.

In Washington, D.C., tribes suffered a major setback after the U.S. Supreme Court (SC) tossed out Soaring Eagle Casino and Resort’s petition aimed to overturn a U.S. Court of Appeals decision, which recognized NLRB’s authority over Native American businesses.

Legal news website The National Law Journal reported that the SC declined to rule on the issue of NLRB’s clout over tribes and instead left in place the appellate court’s ruling that favored the labor board.

The case stemmed from the two-pronged appeals court ruling on NLRB’s clout on tribal casinos. One appeals panel ruled in June 2015 that the NLRB had jurisdiction over a casino run by the Little River Band of Ottawa Indians on reservation land. But another panel, which handled the case of Soaring Eagle, disagreed with the Little River decision but said it was bound by it and ruled for the labor board.

No doubt this is the 50th article you’ve come across trying to pontificate about exactly what is going to happen now that Brexit has passed and exactly how to trade the Brexit. I don’t know exactly what will happen now and neither does anybody else but here are three possibilities from most to least likely, and what should be done if X possibility happens.

Most likely, after a lot of recriminating and yelling, nothing much will change. I can see the United Kingdom drawing up some kind of deal with the rest of the EU that would be practically the same in terms of trade, which is really the only important and only positive aspect of the existence of the European Union. Everything else is just bureaucrats wrangling over how much money each of them get from taxpayers.

This is the opinion of British journalist and broadcaster Paul Mason, who has already spotted prospective new Prime Minister Boris Johnson toeing the EU line. Says Mason:

So, the leave campaign was saying, “Let’s walk away from Europe and just sign a free trade deal and go global.” Today Johnson is saying, “Let’s not walk away from Europe.” He’s implied they have to sign a single-market deal with Europe that would keep them within most of the European Union’s regulations.

No doubt this is the 50th article you’ve come across trying to pontificate about exactly what is going to happen now that Brexit has passed and exactly how to trade the Brexit. I don’t know exactly what will happen now and neither does anybody else but here are three possibilities from most to least likely, and what should be done if X possibility happens.

Most likely, after a lot of recriminating and yelling, nothing much will change. I can see the United Kingdom drawing up some kind of deal with the rest of the EU that would be practically the same in terms of trade, which is really the only important and only positive aspect of the existence of the European Union. Everything else is just bureaucrats wrangling over how much money each of them get from taxpayers.

This is the opinion of British journalist and broadcaster Paul Mason, who has already spotted prospective new Prime Minister Boris Johnson toeing the EU line. Says Mason:

So, the leave campaign was saying, “Let’s walk away from Europe and just sign a free trade deal and go global.” Today Johnson is saying, “Let’s not walk away from Europe.” He’s implied they have to sign a single-market deal with Europe that would keep them within most of the European Union’s regulations.