Sentences with phrase «regulated as gambling»

Unnecessary risk is two unrelated parties with no economic interest betting on whether the company can survive or not; such a bet should be regulated as gambling.

Transactions between two speculators should be regulated as gambling, because that is what it is.

In addition to New York, several states are challenging whether to allow fantasy sports and if they should be regulated as gambling.

Predatory loot boxes has become a serious issue in a lot of regions, with some regulatory bodies stepping in to classify and regulate them as gambling services.

Not exact matches

State lawmakers, meanwhile, have debated over the last several months whether fantasy sports operations like DraftKings and FanDuel should be regulated as other allowable gambling entities.

Moreover, more that half of them take part in sports betting and poker in its various versions, although this is being regulated as a means of access to the games organized by public operators (SELAE and ONCE), which receive a large portion of the money that is moved by Internet gambling.

It was approved by the Parliament as «a somewhat belated and hasty attempt to regulate an existing reality — online gambling — that for the public administration was too big to manage,» comments another one of the study's authors, José Ignacio Cases, Professor Emeritus of UC3M.

«Where a product does not meet that test to be classed as gambling but could potentially cause harm to children, parents will undoubtedly expect proper protections to be put in place by those that create, sell and regulate those products,» the statement furthers.

In fact in a number of jurisdictions around the world, Binary Options are seen as a form of gambling and are regulated accordingly.

2) Entrants accept that Cats Protection are the Promotor of the Weekly lottery which is regulated by the Gambling Commission under legislation laid down in the Gambling Act 2005 as amended.

Germany's USK rating board hasn't weighed in yet, but PEGI operations director Dirk Bosmans said in October last year that he believes it holds the same position: That «we can not define what constitutes gambling,» and therefore can not regulate loot boxes as such.

There were no loving alohas for loot boxes, with as much as four Senate and House bills proposed, regulating the sales and marketing of games that contain electronic gambling systems.

The 4AMLD extended the regulated sector to all gambling services subject to each member state having the ability to exempt gambling sectors assessed as being low risk.

Operators breaking into this new market are already looking at ways to commercialise it by adopting very different strategies which will largely depend on whether the activity is considered unregulated gaming or regulated gambling as can be seen below.

As with gambling and strip clubs, Las Vegas has a fairly laissez - faire approach to regulating trade shows that visit the city — presumably because every convention attendee is another person who will spend money at hotels, restaurants, and casinos.