West Virginia is just one step away from becoming the fifth state to legalise online gambling, with a bill currently awaiting Governor Jim Justice’s signature. House Bill 2934, which was introduced by Delegate Jason Barrett on February 12, has been passed by both chambers of the West Virginia legislature, gaining final approval on the last day of the 2019 regular session.
A bill from New Jersey Assemblymember Ralph Caputo would formalise the penalties imposed on licensees that offer odds on sporting events for which betting is prohibited, with the guilty parties facing fines and automatic licence suspensions.
This week's State of the Union focuses on the DoJ’s decision to extend its deadline for gaming companies to comply with its revised stance on the Wire Act. Also included this week are legislative developments in New York, Minnesota, Georgia and more.
The iGamingBusiness.com Nordic dashboard, in partnership with H2 Gambling Capital, suggests that the region will grow to a €4.46bn market by 2023, boosted by the introduction of igaming regulation in Sweden.
The Gambling Commission, responsible for regulating gambling in England, Scotland and Wales, has reported a slight decline in the prevalence of problem gambling in 2018, though there were clear signs that public perception of the industry is worsening.
This week's State of the Union, in partnership with Segev LLP, looks at the latest legal challenge launched against the DoJ's revised Wire Act opinion, plus developments in Virginia, Arkansas, Indiana and more.
The State of the Union, in partnership with Segev LLP, covers the latest regulatory developments across the US. This week pressure has been ramped up on the Department of Justice in the wake of its revised Wire Act opinion, South Dakota and Minnesota are considering sports betting bills and Arkansas is thrashing out sports betting regulations, while Illinois' new Democrat Governor has factored sports betting into his 2020 budget.
Key developments in 2018 come to fruition this year, with point of consumption tax and consumer protection issues set to ring big changes in the Australian gambling industry, according to Addisons senior Associate Karina Chong and partner Jamie Nettleton.
France’s online gaming market reported year-on-year growth across all three legal verticals in 2018, with the sports betting vertical the standout performer. However ARJEL has suggested that with growth in other verticals still slow, a shift to a revenue-based tax regime may be key to safeguarding the industry in the long-term.
New restrictions on gambling advertising are being proposed or brought into force as more European regulators attempt to address growing public concerns regarding its prevalence. But will they have the desired impact on addiction figures?
In the second part of iGaming Business' analysis of gambling advertising restrictions, we look at the unintended consequences of bans, possible alternatives to blanket prohibitions - and ask whether tackling advertising really gets to the root cause of the issue.
Efforts to regulate sports betting without putting the matter to a public vote are underway in Maryland, with Republican Delegates Jason Buckel and Kevin Hornberger filing a proposal in the state General Assembly.
In the second part of iGaming Business' deep dive into the revised Wire Act opinion, ICE Sports Betting USA speakers stress the need for clarity from the Department of Justice as they look to work out the best way to interpret the ruling.
Arena Racing Company (ARC) has confirmed that compulsory redundancies are likely as the UK racecourse operator looks to mitigate the impact of betting shop closures resulting from the decision to slash fixed odds betting terminal (FOBT) stakes to £2.