Saturday, January 11

Tag: advance deposit betting

Michigan Regulator Suspends TwinSpires for Non-Compliance

Michigan Regulator Suspends TwinSpires for Non-Compliance

Entertainment
The Michigan Gaming Control Board (MGCB) has actually released a summary suspension order versus TwinSpires, a brand name owned by Churchill Downs Technology Initiatives Company (CDI). The suspension is because of TwinSpires' non-compliance with Michigan's video gaming laws. TwinSpires apparently broke the Horse Racing Law of 1995, needing advance deposit betting (ADW) activities to be connected to a certified live race fulfill. Just TwinSpires Defied Regulations In Michigan, statutory requirements determine that simulcasting and ADW need to be connected to live horse racing occasions. With no active racetracks presently running and holding a state-issued license, ADW operators have actually been purchased to stop their activities and immediately inform their consumers. The last Thor...