This Thursday, the Superior Court Judge Joan Zeldon granted the request of local citizens to put on hold a five year $215 contract awarded to Intralot to launch a mobile sports betting product. The first $30m installment for the no-bid contract was due on October 1, but that payment is now on hold. DC Resident Dylan Carragher was the one who challenged the contract in … Continue
The gaming regulation and the internal regulation – the special part, proposed by the gambling organizers and approved by the Supervisory Committee of the National Office for Gambling, are mandatory documents when granting the exploitation authorization, for each type of gambling, which follows be organized and exploited. The Supervisory Committee of the National Gambling Office, after analyzing the Gambling Regulations and the special part of … Continue
Panama’s Gaming Control Board (JCJ) has announced that it will eliminate the controversial 5.5% tax on all gambling winnings, including player stakes, introduced by the country’s government in 2015. The regulator said it believed the move would be a boost to the country’s tourism sector and would attract more international players. In addition, the JCJ, a subdivision of the country’s Ministry of Economy and Finance, … Continue
The federal ban on sports betting was lifted by the US Supreme Court on May 14, 2018. Former New Jersey Senator Ray Lesniak was one of the people who pushed all the way New Jersey to be one of the first to legalize gambling. Now he wants to legalize the sports betting across the country. In an interview, Ray explained that he got involved in … Continue
The discussions for a US new federal sports betting law has been postponed for some time, leaving the states to deal with the issue. However, the National Collegiate Athletic Association (NCAA) has come to the conclusion that their best way to have a word on the matter might be in Washington D.C, and so a new bill is reportedly being worked on. Senators Mitt Romney … Continue
Michigan State Representative Brandt Iden is the active force behind the drive to legalize sports betting in the state by the Super Bowl. He said: “My goal is to have this up and running by the Super Bowl. Casinos are moving forward because they know it’s going to come to fruition at some point. If we don’t do this, we will continue to lose consumers … Continue
In Romania, on July 21, 2019 was approved the Law no. 129/2019 for the prevention of money laundering and financing of terrorism, which transposes into national law two European directives, respectively, Directive (EU) 2015/849 regarding the prevention of use of the financial system for the purpose of money laundering or terrorist financing (“Directive 2015/849”) and Council Directive (EU) 2016 / 2.258 of 6 December 2016 … Continue
When Iowa decided to authorize sports gambling this May did not know it will open a hive of yellowjackets. As the sports fans quickly pick up the activity, out of fear of losing revenue to its neighbor, Wisconsin is next in trying to put sportsbooks on solid ground in the state. Minnesota is watching fans gather to the frontier to place their bets and is … Continue
According to international statistics, the gambling market is constantly expanding, and current estimates indicate a market value of approximately $ 73.5 billion by 2024. The chances of reaching this threshold are extremely high given that gambling is legalized in most countries, and technological progress is exponential thanks to new smartphones and tablets, as well as a permanent expansion of the Internet. In 2015, Romania developed … Continue
The legalization of sports betting in Northwest Indiana is a brand new opportunity for the Chicago gamblers, but also for the local economy and for the treasury that will charge additional taxes. The official ribbon cutting was last Wednesday at the opening of the Horseshoe Casino in Hammond. Tom McDermott, Mayor of Hammond, placed the first bet of $100 that the Bears will make it … Continue
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