State of the Union

first_img Topics: Casino & games Legal & compliance Sports betting 26th July 2018 | By Hannah Gannage-Stewart Regions: US Casino & games Email Address In this new series of updates from the US, Segev LLP offers a state-by-state look at how regulation is shaping up across the land of opportunityTwo months after the US Supreme Court’s historic decision to strike down the 1992 Professional and Amateur Sports Protection Act (PASPA), New Jersey and Delaware have already commenced with legalised sports betting.In addition, four states: Mississippi, Pennsylvania, Rhode Island and West Virginia, have approved legalised sports betting and will go live soon. At least 15 others have at least considered legalisation, and surely a handful of them will follow through within the next year.Massachusetts: Studying the issue, nothing imminentDespite calls from some legislators to move quickly with regulated sports betting on the heels of the PASPA repeal, governor Charlie Baker has cautioned against rushing into it and says the state will not look at the matter until 2019.Meanwhile, in June, the Senate directed the Economic Development and Emerging Technologies Committee to commence a study of the potential economic impacts of several gambling expansion proposals under consideration.Rhode Island: Authorised sports betting is on the wayIn June the Rhode Island legislature passed a bill that will give the state 51% of revenues drawn from wagering. The state’s newly passed budget is counting on $23.5m of revenue coming from sports betting in the fiscal year starting 1 July.Rhode Island venues will not initially be allowed to offer sports betting online. Sports betting activity in Rhode Island is overseen by the Department of Revenue, which also operates the state lottery. Legalised sports betting is expected to commence in the autumn.Michigan: Something to think about over summer recessIn June the legislature saw the introduction of multiple measures, collectively known as the Lawful Internet Gaming Act, but adjourned for summer recess before moving on it.The law would allow multiple forms on online gambling, including sports betting, and would create a Division of Internet Gaming to oversee licensing and regulation.Operators would have to pay a $100,000 application fee, a $200,000 initial licensing fee and a $100,000 annual renewal fee. Vendors would be required to pay $5,000, $5,000 and $2,500 respectively, while platform providers would pay an initial fee of $100,000 a renewal fee of $50,000.The tax rate would be 10% on gross gaming revenue, but that number could change upon review and negotiation with tribal interests.Kentucky: Tax could be problematicOn 18 June nine legislators announced that they had formed a panel to draft a bill to legalise sports betting.One week later, panel member senator Julian Carroll pre-filed a regulatory bill calling for a $250,000 annual license fee and 3% tax on handle.The legislature will likely take it up during the 2019 session, which runs January-April. The bill does not include payment of integrity fees, but there is some potential for league input and influence.Carroll’s bill would allow the governor to appoint sports league executives to a 15-member commission that will make recommendations for regulating sports betting. One matter to keep an eye on is whether the 3% tax on handle can be reduced.Many are skeptical as to whether the industry can be viable at this rate. It is unclear at this point whether legalised sports betting in Kentucky would extend to remote electronic channels.Ohio: Intent to legaliseOn 12 July senators John Eklund and Sean O’Brien introduced a placeholder sports betting bill to be taken up at a later date.The one page bill expresses “the intent of the General Assembly to develop and enact legislation legalising sports wagering.”The state’s legislature will meet briefly in each of the final five months of the year. Whether sports betting will be a priority is unclear.California: Fit for 2020?Assemblyman Adam Gray, has introduced a bill to amend the state constitution to authorise laws to regulate sports betting.If his effort is successful, the matter will come up on the November ballot.  More than likely, however, it will have to wait. Senator Bill Dodd, who chairs the Senate Governmental Organisation committee, which oversees gambling issues, doesn’t expect such a referendum to appear until June 2020.Maryland: Fantasy soon, sports betting notIn July comptroller Peter Franchot announced proposed regulations for daily fantasy sports. The new rules could come into effect as early as October.Meanwhile, Franchot spoke out adamantly against a proposed special session to work on a sports betting regulation bill, stressing that it should not be brought up until the next legislature commences in January 2019.In March the House passed a bill to allow sports betting at Maryland casinos and horse racing tracks on the November ballot through a voter referendum on a constitutional change.The Senate voted against the bill, which looks to be on hold now until next year.Mississippi: Sports betting forthcoming, but not onlineMississippi legalised sports betting through a fantasy sports bill passed in 2017, with regulators standing by until the repeal of PASPA in May.The state thereafter approved the Mississippi Gaming Commission’s sports betting regulation in June, formally allowing licensed casinos to accept wagers on sports events.The venues may only offer sports betting on casino premises. Wagering via handheld devices will be allowed, but only if the participant is physically located on the casino property.A 12% revenue tax will be assessed, with 8% going to the state and 4% going to local municipalities. Betting will likely commence in time for the NFL football season, which kicks off in early September.West Virginia: Legalised sports betting in the works, integrity fee debate persistsUpon authorising sports betting through the passage of a bill in March, the intention in West Virginia was for live betting to roll out by end of summer, but the government and the casino lobby will first need to come to an agreement on who will be responsible for paying integrity fees.The Lottery Commission, which will oversee sports betting, released its newly approved emergency rules on 9 July. The Commission has until 1 December to submit permanent rules through the prescribed rulemaking process.The license fee for participating casinos will be $100,000 annually. Betting is to take place at sports betting lounges within licensed gaming facilities.Casinos can contract with third-party vendors to develop applications for online and mobile wagering, with remote electronic gambling limited to patrons located physically inside state borders.Pennsylvania: Nine licence applicantsNine Pennsylvania casino operators have applied for online gambling licences, all of them within days of a legislatively mandated deadline.The state’s 12 casino operators had until 16 July to submit applications for umbrella licenses covering three categories of gaming – slots, casinos games and poker – at a cost of $10m. The remaining three eligible operators have until 13 November to apply for a la carte licenses at a cost of $4m per category.The regulations allow for 12 licensees, so if any or all of the remaining three Pennsylvania operators don’t apply by the next deadline, the state will open the door to out-of-state applicants.The operators who submitted applications for umbrella licenses are Harrah’s Philadelphia, Hollywood Casino at Penn National Race Course, Mount Airy Casino Resort, Parx Casino, Rivers Casino Pittsburgh, Sands Bethlehem, SugarHouse Casino, Valley Forge Casino Resort and the yet-to-be-built Stadium Casino.The remaining three eligible operators are Lady Luck Casino Nemacolin and Presque Isle Downs, Meadows Racetrack and Casino and Mohegan SunWhile the state’s 12 casinos may have to deal with out-of-state competition for online market share (if any licences remain available), they want to see to it that the state lottery cannot infringe on their exclusivity.They collaboratively penned a letter in late June to governor Tom Wolf, asking him to shut down the state’s newly launched online lottery, which they believe includes games that mimic casino games.Since the commencement of online sales in early June, the lottery has registered 45,000 online customers who have collectively wagered $21.6m, generating $2.9m in revenue.Finally, legalised sports betting—also authorised under the omnibus bill—is stalling mightily, presumably because of prohibitively high costs for operators.New York: Full-scale sports betting seeking a new champion in 2019New York’s law authorising sports betting (pending PASPA repeal) went on the books in 2013, and Senate Racing Gaming and Wagering Committee chairman John Bonacic this year proposed legislation creating rules for sports betting in casinos and online.The new bill, which would have levied an 8.5% tax on gross revenue, failed to progress, and the legislature adjourned 20 June.Now, the Gaming Commission is working through “short term” regulations that would authorise sports betting at the locations specified in the 2013 law.There is still speculation that a bill authorising full-scale sports betting in New York will be re-introduced in 2019, although Bonacic is leaving office at the end of 2018.Illinois: Focus on electionsLegislators have considered at least five different bills in 2018 related to sports betting. It likely won’t be looked at until after the November 2018 elections.Connecticut: Sports betting contingent on agreement with tribesThe short-term future for sports betting in Connecticut could come down to whether governor Dannel Malloy calls for special legislative session to address a regulatory bill that failed to pass during the regular session.While the state passed legislation in 2017 in anticipation of the PASPA repeal, a more definitive, comprehensive law will likely be needed to bring regulated sports betting to fruition.The primary stumbling block is whether the state can work out an agreement with the Mashantucket Pequot and Mohegan tribes, which claim exclusive rights to offer sports betting. Mallow said the measure would not proceed absent such an agreement. Whether online sports betting would be authorised in addition to betting at casinos is also a point of contention.Additional states eye sports bettingIn addition to the states already mentioned, at least six other states – Colorado Indiana, Iowa, Louisiana, Oklahoma and South Carolina – looked at sports betting legislation in 2018 and could see it resurface next year.Segev LLP is a law firm located in Vancouver, Canada, which provides creative, value-added legal solutions for clients worldwide AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling State of the Union Subscribe to the iGaming newsletter Segev LLP tracks the fast-moving regulatory scene in the US since PASPA’s repeallast_img read more

Asian Fortunes™ by Greentube

first_img27th November 2018 | By Aaron Noy Topics: Casino & games Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter The lovable panda is your new best friend in Asian Fortunes™, the exciting allpay slot addition to the Greentube portfolio that is now available to B2B partners. The lovable panda is your new best friend in Asian Fortunes™, the exciting allpay slot addition to the Greentube portfolio that is now available to B2B partners. There is not just one, but four lovely pandas waiting to give out winnings, and with cool extra features like Free Games and varying jackpots to win, this allpay slot will be your new best friend in no time. Go on an adventure with Asian Fortunes™ now!If you are a B2B partner of Greentube you can already play the demo here! Casino & games Asian Fortunes™ by Greentube Email Addresslast_img read more

AGTech wins new China Sports Lottery hardware tenders

first_img Regions: China Lottery Lottery solutions provider AGTech Holdings has strenghtened its position in the Chinese lottery market by winning contracts to supply sports lottery terminals in three provinces and two municipalities. 23rd July 2019 | By Daniel O’Boyle AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newslettercenter_img Email Address Lottery solutions provider AGTech Holdings has strenghtened its position in the Chinese lottery market by winning contracts to supply sports lottery terminals in three provinces and two municipalities.The supplier, via its Beijing AGTech GOT Technology subsidiary, will supply sports lottery terminals to Guizhou, Anhui and Guangdong provinces, as well as for China’s capital Beijing and its fourth most populous municipality, Tianjin. The deals, covering a combined population of more than 200m people, follow procurement wins in Hainan, Guangxi and another in Tianjin ealier this year.“AGTech GOT has won eight tenders in seven provinces, municipalities and autonomous regions across China this year, further reaffirming our hardware division’s continued dedication to and leading position in China’s lottery industry,” John Sun, chairman and chief executive of AGTech said.“AGTech will continue to enhance product innovation, ensure safety and R&D compliance, and contribute to the overall healthy development of China’s lottery market.”A subsidiary of ecommerce giant Alibaba Group, AGTech took in HK$20.2m in revenue, a 14% increase from the prior year, in the first quarter of 2019. It is also working on an augmented reality project for the China Sports Lottery, which is designed to help the state-run operator appeal to a younger demographic. AGTech wins new China Sports Lottery hardware tenders Topics: Lottery Tech & innovationlast_img read more

Bethard joins International Betting Integrity Association

first_img Tags: Online Gambling Subscribe to the iGaming newsletter Legal & compliance 17th September 2019 | By Daniel O’Boyle Malta-based operator Bethard Group has become the latest member of the International Betting Integrity Association (IBIA). The agreement gives Bethard access to the integrity watchdog’s monitoring and alert platform, and allows it to share suspicious activity reports with a network of other operator members. Malta-based operator Bethard Group has become the latest member of the International Betting Integrity Association (IBIA).The agreement gives Bethard access to the integrity watchdog’s monitoring and alert platform, and allows it to share suspicious activity reports with a network of other operator members.“We have once again proven our commitment to support the fight against the manipulation of sports,” Erik Skarp, chief executive of Bethard, said.“As a company we firmly believe that co-operation and collaboration is the only way to combat sports manipulation,” Skarp explained. “We have always done our best to build a strong partnership with industry stakeholders. Protecting our growing betting brands from manipulation is a core component of our corporate policy to ensure that our consumers are able to engage in a fair and safe betting market.“No other body has the combined scope and strength of the International Betting Integrity Association’s alert platform and policy engagement with sports and regulatory authorities to help facilitate that. Membership of the world’s leading integrity body corresponds with our vision to take Bethard to the top of the regulated sports betting market.”IBIA secretary general Khalid Ali described Bethard’s inclusion as another important landmark in the body’s growth, which would further cement its status as a key player in upholding sports betting integrity.“Our global monitoring and alert platform continues to expand and I am delighted to welcome Bethard to the association,” he added.Founded in 2005 as the European Sports Security Association, the body rebranded as the International Betting Integrity Association in June this year, to reflect its increasingly international focus.In July, Bethard was one of eight operators that received a fine from Swedish gambling regulator Spelinspektionen for offering bets in the market on sporting events featuring a majority of participants under the age of 18.center_img Bethard joins International Betting Integrity Association Topics: Legal & compliance Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

Karl Davies-Barrett at iGaming NEXT 2019

first_img Karl Davies-Barrett at iGaming NEXT 2019 Tech & innovation Topics: Tech & innovation 10th October 2019 | By Daniel O’Boyle Senior engineer manager at Microsoft Karl Davies-Barrett discusses his company’s use of cloud technologies and how the igaming industry may benefit from cloud solutions.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img

Entain appoints insurance industry veteran Gregory to board

first_img Topics: Finance People Global sports betting and gaming group Entain has appointed Mark Gregory as an independent non-executive director today (March 17). “Mark brings extensive knowledge of financial and customer services through his lengthy career in the insurance and retail sectors. He is an experienced remuneration committee chair who brings deep finance and commercial expertise and will further enhance the Board’s ability to support and oversee the delivery of our growth and sustainability strategy.” Email Address He brings more than 35 years’ experience in a variety of senior positions to his new appointment, including a 19-year career at legal and leneral where he held key leadership roles such as chief executive of the savings business and managing director of its with-profits business. Gregory is also an independent non-executive director at Direct Line Insurance Group, where he acts as a chair for the remuneration and investment committees. People AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img 17th March 2021 | By Marese O’Hagan Gregory will take on the role of chair of the remuneration committee and will also be a member of the audit and nomination committees. Tags: Entain Subscribe to the iGaming newsletter “On behalf of the Board, I am delighted to welcome Mark to Entain,” Barry Gibson, chairman of Entain, said. Entain appoints insurance industry veteran Gregory to boardlast_img read more

Sportradar scores new integrity deal with West Asian Football Federation

first_imgSportradar’s managing director for integrity services, Andreas Krannich, added: “We are honoured to be starting this relationship with the WAFF, who are taking crucial proactive measures in the fight to prevent integrity issues.  Tags: Sportradar West Asian Football Federation WAFF Sportradar Integrity Services’ education and prevention team will provide educational material to help educate stakeholders in WAFF competitions on topics surrounding international sports betting, match fixing and social media integrity.  29th April 2021 | By Robert Fletcher Topics: Sports integrity Subscribe to the iGaming newsletter “The WAFF is committed to fighting match-fixing, and under this agreement we are demonstrating the importance we place on protecting the game in West Asia,” WAFF general secretary Khalil Al Salem said. Regions: Asia “We hope this relationship will be a fruitful one where we can collaboratively work together to safeguard the integrity of football in the region and help the WAFF become a model for other federations in Asia and around the globe.”center_img Email Address Sports integrity Sportradar scores new integrity deal with West Asian Football Federation Sportradar has entered into a new, integrity-focused partnership with West Asian Football Federation (WAFF). Under the agreement, Sportradar and the WAFF will run a series of educational workshops to uphold and protect the integrity of regional competitions across West Asia.  “We are excited to collaborate and work together with Sportradar to educate, spread awareness and protect the integrity of West Asian football.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Pennsylvania regulator issues first fine to fantasy sports operator

first_imgAs such, the PGCB ruled Fantasy Sports Games was in breach of regulations and issued the fine. Email Address This marked the first occasion that the PGCB handed a fine to a fantasy sports operator. The Pennsylvania Gaming Control Board (PGCB) has issued Fantasy Sports Games with a fine of $7,500 (£5,305/€6,147) after ruling it operated fantasy sports contests prior to securing a licence in the US state. DFS 20th May 2021 | By Robert Fletcher Read the full story on iGB North America. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Pennsylvania’s Gaming Expansion Act of 2017 state operators that offer this type of gaming to Pennsylvanians must be licensed or have applied for a licence from May 2018. Tags: PGCB Fantasy Sports Games Fine Pennsylvania regulator issues first fine to fantasy sports operator Regions: Pennsylvania Topics: DFS Subscribe to the iGaming newsletter According to the PGCB, Fantasy Sports Games accepted entries for fantasy sports contests from players in Pennsylvania as early as May 2018, before it began the application process to secure a licence in the state in February 2019.last_img read more

French gaming revenue grows 35% in Q1 increase as betting skyrockets

first_imgFootball was the most popular sport to bet on by a considerable margin, contributing €1.3bn worth of wagers. Basketball was second with €362m, followed by tennis with €340m, with rugby coming next with €49m. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter French gaming revenue grows 35% in Q1 increase as betting skyrockets Subscribe to the iGaming newsletter The €120m worth of poker revenue was a 23% increase from last year, while active player accounts grew 9% to 991,000. According to the statistics posted by France’s gaming regulator ANJ, the increased revenue can be attributed partly to a 19.1% increase in active player accounts to 3.1 million. Poker The French online gaming sector posted revenue of €587m ($715m/£505m) for the first quarter of 2021, representing a 35% increase on the same period last year. Active sports betting accounts increased 29.2% to 2.5 million – a figure which the regulator said is expected to increase this summer due to the Olympics and Euro 2020. Sports betting in particular was was subject to massive growth. The €2.18bn wagered by players was a 78.8% increase on a 2020 heavily impacted by a suspension of sporting events caused by the novel coronavirus (Covid-19) pandemic late in the quarter. This led to €357m in betting revenue, from which €172m was paid in levies. There was also an increase in betting on horse racing, as the €481.0m staked represented a 59.9% increase from 2020. Active accounts were up 13.3% to 402,000, while revenue increased 48.0% to €110m. 8th June 2021 | By Nosa Omoigui Tags: ANJ Regions: Europe Western Europe France Topics: Finance Sports betting Poker Q1 results 2021 Horse racing Online sports betting Retail sports betting Email Addresslast_img read more

PKL 2019: Dabang Delhi rope in JK Super Cement as principal…

first_img WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start Football Latest Sports News Share on Facebook Tweet on Twitter Cricket YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo WI vs SA 2nd Test Day 3 Live: South Africa lose early wickets; SA 35/2 (11 ov)- Follow Live Updates Facebook Twitter Previous articleAndrés Iniesta named LaLiga IconNext articleTokyo 2020 unveils robots to guide fans, athletes during Olympic Games Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Cricket SportKabaddiLatest Sports NewsSports BusinessNews Dabang Delhi Kabaddi Club, owned by DO IT Sports Management, have named with JK Super Cement as the team’s principal sponsor for the Pro Kabaddi League (PKL) 2019. As part of this partnership, Dabang Delhi players will now sport the JK Super brand logo on their match-day and practice jerseys.As part of the deal, the cement brand will get visibility through DDKC in-stadia branding, official website and respective social media platforms. By Kunal Dhyani – July 23, 2019 Cricket Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore RELATED ARTICLESMORE FROM AUTHOR Formula 1 PKL 2019: Dabang Delhi rope in JK Super Cement as principal sponsor BCCI to form committee to take call on compensating domestic cricketers Latest Sports News Football Cricket by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeCapital One ShoppingThis hack can uncover JOANN discounts you don’t know aboutCapital One ShoppingUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoE! OnlineTLC’s So Freaking Cheap Takes Penny-Pinching to the ExtremeE! OnlineUndoThrough the storied lineage of kabaddi and Dabang Delhi’s recent dominance on the mat, JK Super aims to leverage this partnership and build deeper connections with their stakeholders across the country.“What better sport than Kabaddi to resonate the spirit, strength, and perseverance of JK Cement and what better team than Dabang Delhi to epitomize our energy! Kabaddi as a sport is rooted deep within the soil of India. The pace at which the sport has gained popularity in recent times is unparalleled. The grit, spirit and indigeneity of the game as well as the team only strengthens our association and establishes this proud partnership. We are pleased to be the principal partners of Dabang Delhi. The principle on which every team warrior is being trained, personifies JK Super Cement’s proposition – BUILD SAFE. Hence, we are upbeat for a glorious performance by the players and we wish them all the best for the season,” said Quote from Mr. Pushp Raj Singh, President-Marketing, JK Super Cement.Also Read: Dabang Delhi take, Puneri Paltan in UTT Season 3 openerSumeet Yadav, Group CEO, DO IT Sports, added, “We are delighted to announce our partnership with JK Super for the upcoming season of Vivo Pro Kabaddi. Over the years, JK Super has built a strong presence within the Indian cement industry, symbolizing strength durability and safety. All these attributes resonate well with the spirit of our team and have also reflected in our performances across the last few seasons. We’re positive that this association will prove mutually beneficial, given our shared passion for Kabaddi and the common desire to better our performances with every opportunity.”Dabang Delhi Kabaddi Club was among the top for PKL teams during the last season. The team will commence their season 7 campaign against Telugu Titans in Hyderabad on 24th July, and will play their home leg between 24th to 30th August.Also Read: Vivo Pro Kabaddi 2019 LIVE: INOX to screen select matches Euro 2020- Switzerland beat Turkey 3-1: Shaqiri brace ensure 3-1 win; Switzerland’s fate hangs on other Group results PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd TAGSDabang DelhiDabang Delhi SponsorshipsJK Super CementPKLPKL 2019PKL 2019 LivePKL 2019 SchedulePKL LiveSports Business NewsSports Business News India SHARE Cricket WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Tokyo Olympics: Deepika Kumari to be sole entry to Tokyo Games as Indian women’s recurve team fails to qualifylast_img read more