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Trade groups respond to Nevada regulator and AG in lawsuit challenging Nevada law

CFPB Monitor

We recently provided an update in a case we’ve been following involving a lawsuit challenging a Nevada statute, SB 311, that allows an applicant for credit with no credit history to request that a creditor treat an applicant’s credit history as identical to that of the applicant’s spouse during the marriage.

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Big Tech Compliance Tracker: Facebook Hints At EU Pullout Over Data Transfers Laws; Appeal Filed Over Apple’s $15B Tax Bill On Ireland Operations; In-App Billing Battle Rages On

PYMNTS

More Nevada Tax Breaks for Google Data Centers . Google continues expanding in Nevada, with the internet search giant receiving $25 million in tax breaks from the state for another $600 million data center now under construction in Hendersonville.

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US Treasury Tells Banks To Treat Hemp Businesses Like Any Other

PYMNTS

It’s intended to “enhance the availability of financial services and the financial transparency of hemp-related businesses in compliance with federal law,” the notice said. a Nevada-based, publicly-traded company that owns processing centers and a 5,000-square-foot retail store in Arizona, praised FinCEN’s update. Hemp Inc.,

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so. states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal.

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years. Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” .

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Opening Bets: MGM Deals Foreshadow New Gambling Culture

PYMNTS

Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals with the NBA and other operations that could mark the first chapter of the country’s new sports and gambling culture. which owns and operates two dozen gambling properties in seven states, including Nevada and Louisiana.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

Perfios operates in both the B2B and B2C markets and provides financial institutions and FinTechs with solutions to aggregate and analyze financial data for the purpose of streamlining loan decision making. The company provides a B2B eCommerce platform for cannabis retailers to procure product online while ensuring legal compliance.