The rules and processes for mobile sports betting were approved Wednesday (April 15) by the Tennessee Education Lottery, with minor tweaks to the payout percentage, and now aims to allow operators to begin applying for licenses next week. “These rules reflect the significant work that went into establishing the processes and requirements for licensing and regulating interactive sports wagering in Tennessee,” Tennessee Education Lottery board … Continue
German sports betting association laments suspension after Austrian operator lodges successful complaint in court. Germany’s leading sportsbook operator body the Deutscher Sportwettenverband (DSWV) has reacted with dismay after the Darmstadt Administrative Court halted the process to award the country’s federal sports betting licenses. Vierklee, an Austrian sportsbook operator, challenged the licensing process, claiming that the process, overseen by the Regional Council of Darmstadt, was being … Continue
The Malta Gaming Authority (MGA) requests silence on the Covid 19 pandemic and is warning the licensees about the consequences of irresponsible communication during the pandemic. The MGA issued a notice warning licensees that the current pandemic could be causing distress to players and that the gaming industry has to deliver “socially responsible commercial communications with respect to COVID-19.” In his Commercial Communications Regulations, The … Continue
Jay Inslee, Washington’s Governor has signed the House Bill 2638 that will legalize the sports betting at tribal gambling facilities in the state. The bill authorizes in-person sports betting at tribal casinos, as well as on-premises mobile wagering. Confirmation of Inslee’s signature means that Washington becomes the first US state to legalize sports betting in 2020. Washington’s House of Representatives cleared the bill by a … Continue
The German lawmaker approved the new gambling regulations that will legalize online poker and casino from 1 July 2021, as well they decided on the location of the new regulatory authority. The Glücksspielneuregulierungstaatsvertrag (GlüNeuRStv), which expands the nationally regulated igaming market beyond online betting for the first time, must now be ratified by each state parliament and submitted to the European Commission for approval before … Continue
The Netherlands’ government published new regulations regarding the measures set out in the Remote Gaming Act, that aim to enable the parliament to submit comments on the proposed rules. The regulations set out how gambling operators can conduct business in the Netherlands, and what conditions must they fulfil in order to secure a licence. A five-years awarded to the operators, by the Dutch gambling regulator … Continue
In Romania, the specific taxes for sports betting activity and the payment terms, are provided in the special regulations, the fiscal procedures, and practices that are found in the common regulations, in the form of fiscal and accounting procedures. This article will summarize the gambling activity of the traditional bets type, with all the three components: mutual bets, counterparty bets, and fixed odds bets. Specific … Continue
The UK’s advertising standards authority (ASA) has upheld a complaint against matched betting service Profit Accumulator for suggesting that matched betting could be a solution to financial problems. The complaint concerned two posts on Profit Accumulator’s Instagram account. The first showed an image with the text “Colossal Win 2,380.50” and the caption “Absolutely amazing win from one of our members 12 minutes ago,” followed by … Continue
Senate Bill 4 bill that would legalize sports betting in Maryland was passed by the Senate by a landslide vote of 47-0. The Bill will now progress to the House of Representatives, with a hearing in the Ways and Means Committee scheduled for March 19. Introduced by Craig Zucker in January this year, SB 4 sets out measures for both land-based and online sports wagering … Continue
The ruling AK Parti in Turkey, introduced a new package of bills including one that would allow authorities to ban foreign-based and illegal sports betting sites. Turkish authorities blocked popular websites including Wikipedia and YouTube at different times. Gambling, cryptocurrency and online gaming websites are no exception and authorities already block access to several sites, in their crackdown against illegal betting. Like several other markets, … Continue
