Tag Archives: Mark Clayton

Nevada Gaming Commission Provides More Flexibility in Considering Gaming Applicants

The Nevada Gaming Control Act (Act) requires an applicant for a gaming license or other approval to appear first before the Nevada Gaming Control Board (Board) on the application. The applicant has the burden of proof and must affirmatively seek the Board’s support and its recommendation to the Nevada Gaming Commission (Commission). The Board can … Continue Reading

Nevada Redefines a Gaming Device Manufacturer

Assembly Bill 75 was signed into law on May 23, 2017, by Nevada Governor Sandoval. As previously reported, Assembly Bill 75 would amend what is considered “manufactur[ing]” under the Nevada Gaming Control Act. The proposed amendment would narrow the scope of developers involved in the gaming device manufacturing process that would need to be licensed … Continue Reading

Greenberg Traurig’s Mark Clayton Speaks About the Upcoming IAGA Conference Agenda

“Our 2017 program agenda focuses on critical issues facing gaming, with the discussions benefitting from the deep experience of our international panelists,” said Mark Clayton, a shareholder with Greenberg Traurig and co-chair of the International Gaming Summit committee. “As gaming continues to expand globally, staying abreast of critical issues like the latest anti-money laundering and … Continue Reading

Update on Pending Nevada Legislation to Redefine a Gaming Device Manufacturer

As previously reported, Assembly Bill 75 would amend what is considered “manufactur[ing]” under the Nevada Gaming Control Act. The proposed amendment would narrow the scope of developers involved in the gaming device manufacturing process that would need to be licensed by the Nevada Gaming Commission as “manufacturers.” Assembly Bill 75 has passed the Nevada Assembly … Continue Reading

The Nevada Gaming Control Board Recommences Testing Gaming Technology

In 2013, the Nevada Legislature authorized independent test labs (ITL) registered with the Nevada Gaming Commission to test gambling games and gaming technology that would be used in Nevada for compliance with the Nevada regulatory requirements. Effective April 1, 2017, manufacturers may request either the Nevada Gaming Control Board (Board) Technology Division or a registered … Continue Reading

Proposed Nevada Legislation to Redefine a Gaming Device Manufacturer

On April 3, 2017, the Nevada Assembly Judiciary Committee passed Assembly Bill 75 (2017), which would, among other amendments, amend the current definition of who is a “manufacturer” of a gaming device, cashless wagering system, mobile gaming system, or interactive gaming system for use or play in Nevada. Currently, as defined, an entity that manufactures … Continue Reading

The Building Blocks of an Effective AML Compliance Program

A Q&A with Mark Clayton and Carl A. Fornaris, gaming attorneys, Greenberg Traurig LLP GGB: What are the basics of an effective AML compliance program? Fornaris: It consists of four key “pillars:” internal controls, such as policies and procedures; a compliance officer; employee training; and an annual independent audit that tests the effectiveness of the AML … Continue Reading

Greenberg Traurig Attorneys Spoke at the FIBA Anti-Money Laundering Compliance Conference

Greenberg Traurig was a proud sponsor and participant at the FIBA (Florida International Bankers Association) Anti-Money Laundering Compliance Conference on March 6 – 8 at the InterContinental Miami. Rudolph W. Giuliani, chair of the firm’s Cybersecurity, Privacy and Crisis Management Practice and former New York City Mayor, delivered the keynote address on how the 2016 … Continue Reading

FinCEN Issues Guidance to Casinos Confirming that Suspicious Activity Reports May Be Shared with U.S. Parents and Affiliates

On Jan. 4, 2017, the Financial Crimes Enforcement Network of the U.S. Department of the Treasury (FinCEN) issued guidance to casinos to confirm that, subject to certain limitations, a casino may, in accordance with the Bank Secrecy Act (BSA) and its implementing regulations, share a Suspicious Activity Report (SAR) that it has filed, or any … Continue Reading

Online Gambling in the UK – CMA Investigates Consumer Protection Concerns

The UK’s Competition and Markets Authority (CMA) has recently launched an investigation into the treatment of customers by online gambling companies. This is in response to concerns raised by the Gambling Commission that certain aspects of behaviour by online gambling companies, including misleading promotions, unfair terms, and the blocking of payouts might be breaching consumer … Continue Reading

Greenberg Traurig Participates in the 2016 International Gaming Summit

May 31 through June 2, 2016, members of Greenberg Traurig’s Global Gaming Practice participated in the 2016 International Gaming Summit hosted by the International Association of Gaming Advisors (IAGA).  The Summit, for the first time, was held in conjunction with the Gaming Regulators European Forum (GREF). The Malta Gaming Authority also co-hosted the event. The … Continue Reading

Rules Altered Governing Private Investment Ownership in Casinos

In March, the Nevada Gaming Commission approved Regulation 15C which changed Nevada’s requirements surrounding casino ownership by private equity funds, a move that could save those Nevada casino companies millions of dollars. Proponents of the changes believe the move will stimulate additional investment. Private equity firms and large financial institutions became an important ownership category … Continue Reading
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