Tag: Texas
Texas Lottery Courier Ban Highlights Crypto’s Potential for Transparent Gaming
The Texas Lottery Commission has moved to ban lottery couriers after discovering state law prohibits the service. This is a significant deviation from the commission’s previous adamant claims that it had little to no
Lottery Courier Model Under Fire in Texas, After State Makes ‘Symbolic Move’ for Crypto
Texas Lieutenant Governor Dan Patrick has called for an investigation into relationships between the Texas Lottery, retail stores, and couriers. Recently, the fifth-largest lottery jackpot in Texas State history, $83.5
Metaverse casino served emergency cease and desist to halt NFT sales
A metaverse casino has been hit with simultaneous cease-and-desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered
Texas regulators order virtual casino to stop selling NFTs
A virtual, Cyprus-registered casino, Sand Vegas Casino Club, faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme