Legal and Regulatory Issues in Esports Are One of the Main Factors in This Year’s Casino Esport Conference

Feb 9, 2023 | Business

 The Casino Esport Conference is pleased to announce their upcoming Casino Esport Conference in Las Vegas, NV 2023 and the new Casino Esport Conference University (CEC – U) in Las Vegas, NV on February 27 – March 1, 2023.

The CEC and CEC – U will be held at Alexis Park Resort, 375 E Harmon Ave., Las Vegas, NV.

The CEC, which has been held for the past seven years in Las Vegas, is now including an extra classroom/workshop event called CEC- U. The main CEC is packed with speakers and panels that will, at its core, cover Esports, video gaming, and more. The CEC covers many topics related to entertainment, referred to as Techtainment. This event is also an excellent opportunity for companies looking to enter this lucrative space.

You do not need to be in the Casino industry to attend. The CEC event will also be open to many non-wagering operators, municipalities, and anyone in entertainment.

5 top reasons features include:

Professional former athletes
Tournaments with prizes (Operated by Next Gaming)
Trip to special locations in Las Vegas
World-class training and panels
Mixers/Networking events plus Breakfast/Lunch each day

Pro athletes are also into Esports and Wagering, competitions, and Investment. Meet them and hear how they work in this fast-growing, lucrative business.

Take part in the three-day Retro Esport Tournament and win a grand prize. You will compete against others in games like asteroids and bust a move. Top prizes include gamer furniture and other related prizes.

The CEC and Lightware are planning an experience at the Illuminarium, where you can stomp on an Asteroid and take a trip to space sponsored by Lightware.

During the upcoming CEC Mixer Event in Illumiarium Space Experience in Las Vegas at Area 15, guests can enjoy cocktails and curated eats, surrounded by cutting-edge projection and audio systems that will transport them to the ‘deep space’ through a truly immersive experience, powered by Lightware.

Transportation to and from Alexis Park Resort at 4:45 PM on day one (CEC-U) is provided By Lightware.

Exclusive Special first-time CEC event.

An all-inclusive guided prepaid tour of Area 15, Omega Mart, and Meow Wolf (the regular ticket price is included with your CEC pass). Sponsored by Meow Wolf.

Day 1,
CEC-U includes hands-on class-style training.
Gaming Labs International, for the first time, is providing education and information on Esports and how to integrate it into your igaming/online and land-based casinos. GLI will describe how it can provide Esports expert consultation in a variety of areas, including creating procedures for verifying eSports gaming equipment; controls to prevent locally installed cheats; and ensuring the integrity of IT infrastructure; best practices for rules, controls, exception handling, and anti-corruption; and certification of equipment for eSports wagering for compliance with sports betting regulations. Contact GLI’s eSports Team today and learn how we can assist you in providing stakeholders with assurance that your eSports platform is random and secure.

Day 2 and 3, their unique style Expo, Panels networking provides tons of information and tools to move your Esport ventures onward and upward.

Featured speakers include:

Professional former athletes

Jan Jones Blackhurst – Executive Director, UNLV Black Fire Leadership Initiative Caesars Entertainment Board of Directors Chief Executive in Residence, UNLV International Gaming Institute.

Jan Jones Blackhurst is a long-time political and business leader who spent most of the 1990s as the first woman mayor of Las Vegas and one of the most popular mayors in Vegas’ history.

Michael Kilpatrick Morton – Senior Policy Counsel Administration Division Nevada Gaming Control Board.

Seth Schorr – Chairman, Downtown Grand and CEO, Fifth Street Gaming.

Lukas Eggen – An award-winning journalist and podcaster in Las Vegas. He co-founded LAN Parties: A Gaming and Esports Podcast at the Las Vegas Review-Journal with Ryan Smith in 2020. Lukas conducts interviews with a variety of people in the gaming and esports industries while helping the local esports scene in Las Vegas grow and thrive.

Oliver Lovat – His expertise is in customer-facing real estate and the evolution of Las Vegas, serving as faculty at City, University of London Business School in London, as a regular contributor at the UNLV, and previously as faculty at The University College of Estate Management, lecturing on strategic asset management.

Some of the major topics include:
· Gambling and Wagering
· Collegiate Esports
· Professional Esports
· Esports and video gaming eco-systems and cultural aspects
· Esports Marketing.
· Tourism Impact
· Hardware
· Hosting Esport Tournaments
· Esports and igaming
· Esports Legal and Regulation
· Investment
· Casino of the Future
· Immersive experiences
· Innovation UNLV (Black Fire) and Stockton U

History of the CEC
The CEC was started seven years ago by the Fox brothers, Ari and Ben Fox, to teach and integrate the gambling and esports industries to pave the future for the brick-and-mortar and online casino market. Today the CEC has expanded its education conferences to include Web 3, NFTs, the Metaverse, Immersive experiences, and VR.AR and MR, among other topics. These subjects are presented by people within these fields to the casino industry to educate and share ideas with those outside the casino industry. This helps enlighten the gambling industry about the possibilities of what the CEC calls Techtainment. These expansive discussions are taught at the annual Las Vegas CEC, held from February 27 to March 1, 2023, at Alexis Park in Las Vegas. The CEC/EIC is a newer summit focusing on esports.

Dates and more:

The Fox Brothers are also the founders of Gameacon, a consumer-focused convention that started in Atlantic City in 2015. The Fox brothers are returning with Gameacon this year at the Showboat Hotel.

CEC/EIC/Stockton University in Atlantic City, NJ (the state of NJ, and Stockton University, Esport Innovation center) to be held on October 18 & 19, 2023.

CEC/CEC-U – In Las Vegas, NV, February 27 – March 1, 2023.

For more information and updates, please visit www.casinoesportconf.com.

Please email us at info@casinoesportconf.com or call 201-450-1718.

The Casino Esport Conference (CEC)
Casino Esport Conference University (CEC – U)
201-450-1718 / 201-675-0977
info@casinoesportconf.com

Casino Esport Conference
Ari Fox
201-450-1718
https://www.casinoesportconf.com/

ContactContact

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Canada – Regulatory Proposal PRO2022-01, Pre-Consultation – Proposed Regulatory Amendments to the Pest Control Products Regulations (Research)

Dec 18, 2022 | International

The Pest Management Regulatory Agency (PMRA) invites the public to submit written comments on Regulatory Proposal PRO2022-01, Pre-Consultation – Proposed Regulatory Amendments to the Pest Control Products Regulations (Research). This proposal is being distributed for information and comments. The PMRA will accept written comments from the public on this proposal for up to 45 days from the date of publication of this document.

How to Get Involved
This consultation is open for comment from 16 December 2022 to 30 January 2023 (45 calendar days). Open the “Consultation Summary” link to access the document.

If you would like to comment, see the Pest Management Regulatory Agency Publications Section page for contact information. Please be sure to include the title of the consultation document on which you are commenting. Interested parties are encouraged to provide comments and suggestions by xx February 2023.

Reporting to Canadians
Health Canada will make the results of this consultation available on this website. Once the decision on Regulatory Proposal PRO2022-01, Pre-Consultation – Proposed Regulatory Amendments to the Pest Control Products Regulations (Research)is finalized, the PMRA will post a decision on the Pesticides and Pest Management Reports and Publications portion of Health Canada’s website.

If you have any questions, contact the Pest Management Information Service.

Interested in our other consultations? Sign up and stay informed about topics that matter to you.

Regulatory framework for Angel Funds to facilitate investments in start-ups

Jul 2, 2022 | Business


The International Financial Services Centres Authority (IFSCA), in furtherance of its mandate to develop and regulate financial products, financial services and financial institutions in the International Financial Services Centres (IFSC), had notified the IFSCA (Fund Management) Regulations, 2022 in April 2022 enabling the regulatory framework for various activities related to fund management including schemes for investing in early-stage venture capital undertaking (start-ups).


Angel Funds bridge the gap between start-ups and angel investors, who are instrumental in providing mentoring, and resources to the start-ups. In recognition of the same, IFSCA has now issued a framework for Angel funds under the IFSCA (Fund Management) Regulations, 2022. The salient features of the said framework are as under:


  1. A Fund Management Entity (FME) in IFSC will be able to launch Angel Fund by filing a placement memorandum with the Authority under a Green Channel, i.e. the schemes can open for subscription by investors immediately upon filing the placement memorandum with the Authority.

  2. Angel Funds shall accept investments from accredited investors or investors who are willing to commit at least USD 40,000 over 5 years.

  3. Angel Funds are permitted to invest in start-ups as well as other regulated angel schemes in IFSC, India, foreign jurisdictions upon receiving consent from the desirous investors.

  4. While investment(s) by an Angel Fund in a start-up is capped at USD 1,500,000, the Angel fund is permitted to invest in subsequent rounds of fund raising by the start-up in order to protect its shareholding from dilution, subject to certain conditions.


The detailed framework for Angel Funds may be accessed at https://ifsca.gov.in/Circular




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Regulatory Impact Assessment (RIA) for revision of existing Accounting Standards

Sep 29, 2021 | Business

In accordance with Rule 6 of National Financial Reporting Authority Rules, 2018, the Institute of Chartered Accountants of India (ICAI) has submitted to National Financial Reporting Authority (NFRA) an Approach Paper for revision of existing Accounting Standards of Companies that are not required to follow Indian Accounting Standards (Ind ASs). Alongwith the Approach Paper, the proposed texts of 18 revised Accounting Standards (ASs) out of a total of 32 revised ASs expected to be prescribed upon completion of this AS revision project was submitted by ICAI.

NFRA notes that most of the companies to which these proposed revised ASs will apply are Private Limited Companies. Many of the companies are of very small net worth or turnover or indebtedness or a combination of these. They would be mostly owned by small families, sometimes along with a small circle of friends and relatives. Therefore, public interest in the General Purpose Financial Statements (GPFSs) of these Companies would most likely be minimal. There are a number of Revised ASs which are very large and complex and may not be relevant and useful to the limited users of GPFSs of these Companies. The expected standard audit cost to perform reasonably good quality audit, performed in compliance with the letter and spirit of the Standards on Auditing (SAs) is significantly more than the presently reported audit fee ranges i.e., a very large percentage of AS Companies have reported Payment to Auditors of less than ₹ 25 thousand. 

Based on the findings above, and persuaded by the limited extent of public interest in the GPFSs of AS Companies, and the need for enabling a regulatory environment conducive for their economic growth, NFRA has recommended to the ICAI that a Regulatory Impact Assessment be conducted of this revision proposal, duly including all the standard features of such a process, and, in particular, to take action as follows:

  1. The Approach Paper should be developed in a transparent manner after extensive nation-wide consultation with the primary stakeholders i.e., the Preparers – MSMCs (Micro, Small and Medium-size Companies) and Auditors – MSMPs (Micro, Small and Medium-size Practitioners). ICAI is requested to send NFRA the analysis of the public comments on the Approach Paper if the ICAI had performed any such public consultation in the past.
  2. Comprehensive study and research should be undertaken on the costs to the Preparers of compliance with these Revised ASs and their technical resource capacity, which should be evaluated against the likely benefits to all the stakeholders of AS Companies. 
  1. ICAI should reconsider the Structure, Form and Contents of Revised ASs for AS Companies and align the same to the nature, size and complexity of the ASs, to their commercial needs, business size, capacity to comply with the prescribed standards, and relevance to their primary users.

ICAI’s Approach Paper and NFRA’s response to the ICAI Approach Paper have been posted on NFRA’s website at:

https://nfra.gov.in/sites/default/files/Letter%20to%20Secretary%20ICAI%20reg%20Recommendations%20of%20ICAI.pdf  

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Hong Kong – Regulatory framework for Advanced Therapy Products to commence on August 1

Jun 25, 2021 | International

Regulatory framework for Advanced Therapy Products to commence on August 1

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     The Department of Health (DH) today (June 25) said that all provisions of the Pharmacy and Poisons (Amendment) Ordinance 2020 (the Amendment Ordinance) to introduce a regulatory framework for Advanced Therapy Products (ATPs) will come into operation on August 1 this year.

     The Amendment Ordinance introduces a clear regulatory framework for ATPs, which cover gene therapy products, somatic cell therapy products and tissue engineered products, in order to safeguard public health and facilitate the development of ATPs. After the Amendment Ordinance comes into operation, ATPs will form a specific subset of pharmaceutical products under the Pharmacy and Poisons Ordinance (Cap. 138). As such, requirements governing pharmaceutical products under Cap. 138 and other relevant ordinances will apply to ATPs. These include registration prior to marketing, obtaining prior approval for conducting clinical trials, licensing of manufacturers and distributors, and import/export control. Furthermore, there will be additional requirements on labelling and record keeping specific to ATPs to enhance traceability of the products.

     To enable stakeholders to have a better understanding of the enhanced regulatory framework for ATPs, the Pharmacy and Poisons Board of Hong Kong has prepared guidance documents relevant to ATPs. In addition, the Board published in the Gazette today the following new editions of Codes of Practice (COPs), which will take effect on August 1 this year:

* Code of Practice for Holder of Wholesale Dealer Licence (2021);
* Code of Practice for Licensed Manufacturers and Registered Authorized Persons 2021;
* Code of Practice for Listed Seller of Poisons (2021); and
* Code of Practice for Authorized Seller of Poisons (2021).

     The Amendment Ordinance, regulatory information and guidance documents relating to ATPs, and the new editions of COPs are available on the dedicated website of the Drug Office of the DH (www.drugoffice.gov.hk/eps/do/en/pharmaceutical_trade/atp_regulation.html) and the website of the Board (www.ppbhk.org.hk/eng/regulation_of_atp.html).