Industry
June 24, 2024
NY Assemblyman Criticizes the Lack of a New Tribal Compact
New York Governor Kathy Hochul’s inaction when it comes to forming a new gaming compact with the Seneca Nation of Indians doesn’t sit well with assemblyman Joseph Giglio. Despite being vital to the regional economy of Western New York, the compact seems to be low on the priority list of lawmakers. As a result, the […]
Industry
June 21, 2024
Brazil Commission Approves Casino and Bingo Bill Amid Ongoing Reforms
Brazil continues to reform its gambling framework amid efforts to expand the industry. Pro-gambling activists just marked a major victory as bill 2,234/2022 was approved by the Senate’s Constitution and Justice Committee. With 14 votes in favor of the measure and 12 votes against, the measure could usher in land-based casino gaming and instant win […]
Industry
June 20, 2024
Victoria to Introduce AUD 50 Loss Limit and Overhaul Pokies Venues’ Tax Breaks
The Australian state of Victoria is set to introduce a daily loss limit on poker machines in an attempt to diminish the negative impact associated with pokies. Additionally, Victoria plans to introduce an overhaul of the controversial tax cuts for gambling properties, The Guardian Australia reported. The changes were outlined in an agreement between the […]
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 […]
