Compliance Updates
DeWine Proposes Significantly Raising Gaming Tax to Help Fund Ohio Sports Stadiums
Gov. Mike DeWine is proposing to increase Ohio’s sports gaming tax to help pay for major and minor league stadium projects and youth sports programs.
The governor announced the proposal during his press conference on the new budget Monday. The governor’s proposal would raise the tax from 20% to 40%. The governor said the increase would raise up $180 million more per year. The money could be used for professional sports stadium projects and youth sports.
Dave Jenkins, COO of the Haslam Sports Group, released the following statement to the FOX 8 I-TEAM Monday night:
“We appreciate Gov. DeWine’s commitment to looking at creative ways to solve sports facilities development while positively impacting youth sports throughout Ohio. We look forward to learning more about the options this legislation may provide. At the same time, we continue to work with the appropriate stakeholders and other experienced experts to develop alternative funding mechanisms for an enclosed Huntington Bank Field in Brook Park, knowing the importance of not tapping into existing taxpayer funds that go to other pressing community needs. The model we’ve proposed on the state level would leverage only the incremental tax revenues from within the development itself to enable the project. The Brook Park Huntington Bank Field project is more than just a stadium. Combined with the adjacent mixed-use development, which would be enabled by approximately $2B in private investments, this $3B+ economic development project would be among the largest ever in Northeast Ohio. It truly is a generational opportunity to create a robust, revenue-generating district that will bring in new jobs and new visitors to our region and significantly impact our economy.”
The Cleveland Browns plan to build an enclosed stadium with development around it in Brook Park.
“Whole heart of this team”: Browns fans react to Myles Garrett trade request
Meantime, the city of Cleveland is enforcing the so-called Modell Law restricting sports teams from moving. The city has filed a lawsuit in Cuyahoga County Common Pleas Court hoping to keep the Browns playing on the lakefront.
Under the Modell Law, if a pro sports team wants to move, the city must, first, have a chance to find new owners. The Browns, though, are fighting that in federal court asking a judge to rule that law unconstitutional.
The post DeWine Proposes Significantly Raising Gaming Tax to Help Fund Ohio Sports Stadiums appeared first on Gaming and Gambling Industry in the Americas.
Delasport, a global leader in sportsbook and iGaming solutions, launched its first official partnership in Brazil. With this key step, Delasport is expanding its global presence and advancing the Brazilian sports betting landscape with its highly innovative technology and comprehensive player engagement tools.
Following the recent regulatory advancements in Brazil’s gaming sector, Delasport has successfully obtained the necessary certifications to operate in the country. The company’s entry into this high-potential market aligns with its global strategy to provide world-class betting experiences in regulated markets worldwide.
“Brazil represents a key milestone in our global expansion strategy, and we are happy to launch with the first partner and another one on the way, this time with our full solution,” said Unai Concha, Senior Business Director at Delasport. “We are thrilled to bring our premium sportsbook and iGaming solutions to Brazilian operators, empowering them with the best technology available in the industry today.”
Delasport’s offerings in Brazil include:
- A fully managed localized sportsbook platform that is full of innovative features tuned to elevate players’ betting experience
- AI-driven personalization and engagement tools to optimize player retention
- Advanced risk management and fraud prevention solutions
Brazil’s regulated sports betting market is expected to experience rapid growth, and Delasport is committed to ensuring a seamless and responsible betting experience for operators and players alike. By leveraging its expertise and innovative solutions, the award-winning B2B supplier aims to play a pivotal role in shaping the future of online gaming in Brazil.
The post Delasport Launches First Partnership in Brazil appeared first on Gaming and Gambling Industry in the Americas.
The Greens have offered the Albanese Government a pragmatic pathway to tackle the harms of gambling advertising with new laws this fortnight.
The Greens have released a letter sent to Communications Minister Michelle Rowland last week in which the party offered Labour a compromise: to ban gambling ads online, ban ads before and after sport and during kids viewing times, and to create a cap of 2 ads per television programme, mirroring the Government’s earlier position.
Greens Communications Spokesperson Senator Sarah Hanson-Young said:
“Gambling ad reform is the unfinished business of this parliament. The public want this done before the election and the Government should listen and act.
“We’re offering a pragmatic pathway here and there is just enough time to get it done. On Wednesday, the Senate will debate and vote on the Greens’ bill to ban gambling ads. All sides should back it.
“We will support legislation this week to ban gambling ads online and implement some broadcast restrictions before and after sport and during kids viewing times.
“This offer is consistent with the Albanese Government’s previous promises.
“If the Government is serious about preventing gambling harm and protecting our kids they will jump at this offer.
“Australians want gambling ads banned and stakeholders are desperate for action.
“The Albanese Government shouldn’t let the perfect be the enemy of the good. The Greens have compromised and Labor should too.
“The Greens will push for a full gambling ad ban in the next parliament but in the meantime we should work together for the sake of our kids and communities.
“Australians lose more to gambling than any other nation than earth and we need our politicians to act.”
The post Greens Offer Pathway to Pass Gambling Ad Laws appeared first on European Gaming Industry News.
Compliance Updates
Gaming Laboratories International (GLI) to Stage 25th Regulators Roundtable April 16 and 17 at Palms Las Vegas
Gaming Laboratories International (GLI) will illuminate, inform and inspire attendees at its 25th Regulators Roundtable. The gaming industry’s premier educational event takes place April 16 from 7:30 AM – 4:30 PM and April 17 from 8:00 AM – 3:00 PM at the Palms Las Vegas, 4321 W Flamingo Rd, Las Vegas, Nevada.
“Whether this is your first GLI Regulators Roundtable or your 25th, this year’s event promises to be an engaging experience, crafted specifically for gaming regulators, regulatory staff, lottery directors, security directors, and industry leaders,” said Joseph Bunevith, Vice President of Regulatory and Government Affairs.
The 25th Regulators Roundtable is two days of stimulating panel discussions and thought-provoking presentations.
Molly Bloom, inspirational speaker and subject of the Oscar-nominated film, “Molly’s Game”, bestselling author, U.S. Ski Team Alum, and host of the award-winning podcast, “Torched” will present a thrilling keynote address. Bloom is legendary for running the world’s most exclusive high stakes poker game frequented by A-List Hollywood celebrities and sports figures. She is a top-booked inspirational speaker and one of Fortune’s Most Powerful Women. She shares a life journey of triumph, ruin, and reinvention—from Olympic dreams crushed by a career-ending accident to seeing her multi-million-dollar business threatened by organized crime and shut down by the FBI. Her story of grit, resilience and self-determination has been called a “goosebump experience,” inspiring corporate audiences and winning stellar reviews.
General and breakout sessions include:
• A Regulator’s Journey – Becoming Cybersecure
• AI Impacts on Gaming Study
• Cybersecurity Regulations Around the World – What Works and How to Interpret Them
• Improve Your Slot IQ
• Level Up: Thoughts on a Future of Gaming That Balances Fun, Fair Play, and Harm Minimization
• Outlawed Bets: Combating the Rise of Illegal Gambling and Its Impact on Regulated Markets
• Regulating Games in A World of Personalized Experiences
• Regulating the Mobile Landscape
• Regulation After Dark: What is Keeping Regulators Up at Night?
• Rookie Regulators
• Taking Control of Your Slot Floor with Tools by Kobetron
• Top 10 Trends in Tech
The Innovation Tech Hub presented by GLI University will showcase the latest in gaming technology with live demonstrations, insightful knowledge from or subject-matter experts, and “hands-on” examples of GLI’s groundbreaking products and services. Exhibitors include Bulletproof A GLI Company, IXUP Limited, Kobetron and Pokerlab.
The post Gaming Laboratories International (GLI) to Stage 25th Regulators Roundtable April 16 and 17 at Palms Las Vegas appeared first on European Gaming Industry News.
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