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Industry
January 3, 2024
Macau Witnesses Another Drastic Decline in Junkets
Although Macau remains famous as the Vegas of the East, the region’s casino industry is now a far cry from its heyday of 2014 when 235 junket operators contributed around 60% of the $45 billion casino revenues, more than triple compared to Las Vegas. This drastic reduction is part of several targeted measures by local […]
Industry
January 3, 2024
Las Vegas Bans People from Stopping on Pedestrian Bridges
The recent F1 Heineken Silver Las Vegas Grand Prix 2023 saw the Las Vegas government introduce a variety of tourist and citizen-unfriendly measures. While some were only temporary solutions to protect the racers, some seem to be here to stay. In November, local lawmakers introduced a measure that would ban pedestrians from stopping on the […]
Legal
January 3, 2024
California Tribes Divided over Sports Betting Proposal
Currently, California is among a handful of states that are actively trying to legalize sports betting. With the activity available in 37 US states, as well as DC, more lawmakers are warming up to the idea of the benefits of legal betting. One effort toward legalizing wagering on sports is led by Eagle1 Acquisition Corp. […]
Legal
January 3, 2024
Battle against Illegal Gambling in Alabama to Gain Momentum
Illegal gambling is once again in the sights of lawmakers in Alabama. With illegal gambling running rampant across the state, lawmakers identified the need for robust and effective legislation that would repeal illegal gambling. Such efforts are likely to resume during the new regular session of the legislators. Yet nothing is certain considering that successful […]
Legal
January 3, 2024
Maine Legislators to Resume Efforts for Tribal Gambling Expansion
Maine’s federally recognized tribes have been offering online sports betting since the launch of the state’s legal market early in November last year. This became possible after state lawmakers legalized online sports betting back in May 2022. Now, efforts of the legislators to expand the gambling options for Maine residents are likely to resume, a […]
Industry
January 2, 2024
Brazil Reaches a New Milestone in Its Regulated Sports Betting Journey
Brazil’s journey towards a regulated sports betting landscape finally passed one of its final milestones as President Luiz Inácio ‘Lula’ da Silva signed off Bill PL3626/23, setting the groundwork for its federal sports wagering and iGaming market. Only a few final regulations stand before the industry’s official launch, which should hopefully happen sometime in 2024. […]
Industry
January 2, 2024
Finland’s Veikkaus Introduces New Identification Requirements
Veikkaus, Finland’s state-owned gambling monopoly, has officially launched its new identification requirements. As announced in early November, the monopoly will now check the identities of players for all games. In line with the identification protocols implemented for coupon games earlier in 2023, Veikkaus will now verify the identities of all of its players. The measure […]
Sports
January 2, 2024
Seven Betting Firms File Applications for North Carolina License
Ahead of the launch of legal sports betting in North Carolina, which may happen in the summer, several leading operators submitted their applications for a license. To offer services in the state and offer mobile and retail sports betting services, operators need to apply for a license with the gambling regulator, the North Carolina State […]
Industry
January 2, 2024
Skill Games Developer Urges PA Lawmakers for Sensible Regulations
Skill games have been gaining popularity for several years across Pennsylvania. This resulted in a debate about the regulation and taxation of those games. A major win for skill games was a court decision dating back to early last month. At the time, the Commonwealth Court recognized a decision of a lower court that acknowledged […]
Legal
December 22, 2023
Betting and iGaming Await Final Approval in Brazil
Sports betting and online gambling may become a reality for Brazil as early as 2024 after an important decision taken by the country’s Chamber of Deputies. In a final voting session on Thursday, the Deputies voted to approve Bill 3,626/2023, a proposal that called for the regulation of sports betting, as announced by Agência Câmara […]
