Gambling News - 'Regulation'
Industry
January 5, 2024
Lithuania Seeks to Increase the Legal Age for Gambling to 21
Lithuania’s parliament (Seimas) has received a new proposal that, if passed, would raise the minimum age limit for gambling to 21. As reported by SBC News, this proposal is part of the Seimas’ 2024 agenda and will be on voted by ministers later this year. The new measure applies to both retail and digital gambling. […]
Industry
January 5, 2024
GambleAware Weighs in on the Statutory Levy Consultations
GambleAware’s chief executive officer, Zoë Osmond, has weighed in on the statutory levy consultations, expressing her excitement about the measure. However, she also had a few points to make. For reference, the levy would require all operators in the UK to provide a portion of their revenues for gambling harm research and treatment and was […]
Industry
January 5, 2024
New Report Suggests Current Number of Nebraska Racetracks Adequate
Several years ago, Nebraska residents voted in favor of a ballot initiative that effectively connected the state’s racetracks to casino development. The approved initiative requires gambling companies interested in developing and operating casinos in the state to secure approval for a racetrack. This process makes the development of casinos easier for the state’s existing racetrack […]
Industry
January 4, 2024
MGA Renews MoU with Alderney’s Gambling Regulator
The Malta Gaming Authority (MGA) confirmed that it has renewed its Memorandum of Understanding (MoU) with the Alderney Gambling Control Commission (AGCC). As a result, the two authorities will continue working together into 2024 and beyond, supporting one another when needed. The MoU aligns the MGA and AGCC’s common values and allows them to perform […]
Industry
January 4, 2024
Italy Determined to Revamp Gambling Laws despite Industry Concerns
Italy has taken a significant step towards a comprehensive reform of its online gambling sector in 2024, as the government has decided to proceed with the Ministry of the Economy and Finance (MEF)’s decree to reorganize the gambling sector. However, newly envisioned licensing fees have caused significant friction with operators who accused policymakers of their […]
Industry
January 4, 2024
Fort Lauderdale Meet Explores Benefits of Online Gambling
Last year, the National Council of Legislators from Gaming States (NCLGS), an organization that brings together state lawmakers to discuss gaming-related issues, organized an event that took place in Las Vegas. Now, the Council’s Winter Meeting kicked off on Wednesday with a wide range of planned discussions regarding online gambling, daily fantasy sports, as well […]
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 […]