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Industry
June 18, 2024
PAGCOM Could Replace PAGCOR as Philippines Consider Revived Bill
A new bill could replace the Philippine Amusement and Gaming Corporation (PAGCOR) with a new regulatory body as lawmakers seek to reform the Asian country’s gambling sector. The PAGCOR, for context, is a 100% government-owned entity that is currently in charge of regulating gambling. House Bill 3559, which was introduced in August 2022, seeks to […]
Casino
May 28, 2024
NC’s Casino Legalization Prospects Are Bleak amid Waning Support
Last year, North Carolina’s Republican leaders failed to progress a commercial casino legalization measure amid internal disagreements. As it turns out, the same struggles could prevent the party from making any meaningful advancement this year as well. To make matters worse, the clock is ticking and approximately a third of the legislative session has already […]
Sports
May 20, 2024
Minnesota Fails to Legalize Betting Amid Distractions
Lawmakers in Minnesota have quashed the hopes of sports betting enthusiasts as a measure that would have legalized the wagering on sports went unconsidered. Instead of sports betting talks, the legislative session was marked by the arrest of a senator and heated arguments between lawmakers. The Senate’s failure to address the sports betting matter attracted […]
Industry
May 20, 2024
Bulgaria Bans Gambling Ads; Prohibits Casinos in Underpopulated Areas
After months of discussions, Bulgaria has finally implemented a ban on gambling ads. The measure was signed into law by president Rumen Radev, preventing gambling companies from freely marketing their products. Under the new ad regime, operators are unable to promote their products across all forms of media. The controversial ban still allows gambling companies […]
Industry
May 20, 2024
Virginia Governor Vetoes Skill Games Bill
In a move that has stirred significant debate, Virginia Governor Glenn Youngkin vetoed 48 measures on Friday, including a high-profile bill to legalize skill games and establish a regulatory framework for such electronic devices in the state. However, the Governor hinted at his willingness to collaborate with lawmakers and help introduce a more comprehensive solution. […]
Industry
May 16, 2024
Irish Gambling Bill under Fire in Seanad for Neglecting Lottery Issues
Ireland, just like the United Kingdom, is anticipating changes to its gambling regulations. Irish lawmakers are trying to find the right balance between a fair market and one that protects consumers from excessive gambling. To achieve this, a bill was introduced that proposed robust changes to the existing legislation, calling for restrictions related to gambling […]
Industry
May 10, 2024
IRS Is Considering Raising the Slot Gaming Tax Form Threshold
A Internal Revenue Service (IRS) proposal could change how slot machine players’ winnings are taxed, raising the tax form threshold. Under the current system, casino winnings are considered taxable revenue. In fact, winning more than $1,200 playing slots will automatically trigger a W-2G tax form. This threshold has remained unchanged since 1977 but a […]
Business
May 7, 2024
End of an Era: Sweden Considers Discontinuing Casino Cosmopol
The Swedish government has proposed the discontinuation of Svenska Spel’s land-based business, Casino Cosmopol. According to a memorandum published on May 7, the casino brand is no longer capable of fulfilling its purpose. The government cited Casino Cosmopol’s financial challenges as part of the reason for the proposal. Swedish lawmakers also noted that the closure […]
Industry
May 7, 2024
SPA Confirms That Brazilian Operators Must Add .Bet to Their URLs
The Secretariat of Prizes and Betting (SPA) of Brazil’s Ministry of Finance has concluded that licensed operators will be required to add .bet to their domain names. As a result, operators’ URLs will need to have .bet.br after the company name. This decision has been discussed for a while now as the secretariat was uncertain […]
Casino
May 6, 2024
Missouri’s Lake of the Ozarks Casino Inches Closer to Reality
Over 320,000 Missourian voters have signed a petition seeking to greenlight a casino at Lake of the Ozarks. After four consecutive failures to get the casino question on the ballot, the matter may finally be put to voters. For context, the Missouri constitution only allows casinos to be constructed near the Missouri and Mississippi rivers. […]
