Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Canada

Licensing Requirements for New US Casinos

Published

on

 

When it comes to new online casinos, the situation of sites operating in the United States is a unique one.

Whilst globally renowned as a force in casino games and gambling, the US continues to impose strict restrictions when it comes to gambling both online and offline. In fact, the practice is only legal in a handful of states such as Nevada, Delaware and New Jersey.

In this article, we will take a look at licensing requirements for new US casinos, assessing how newcomers to the American online casino game go about securing a license to operate in the US.

Let’s get started with a look at the current legal situation of gambling in the United States.

Advertisement

Online gambling in the United States of America: The Current Legal Situation

Across the United States, the majority of forms of betting and gambling are illegal thanks to the Federal Wire Act. In recent times however, many campaigners and lobbyists for the gambling business have gained newfound hope of imminent legalization across the board.

A 2018 Supreme Court decision overturned a 1992 decision to outlaw sports betting across the nation, potentially opening the door just a tiny bit to the industry. Indeed, the fact that illegal bookmakers and card games throughout the USA are worth hundreds of billions of dollars per year makes this eventuality a seeming certainty.

With that said, for all of the noise around the legalization of gambling, there remains to be any real progress made on the legislative level.

How do new US casinos obtain a license?

For newcomers to the online casino game looking to operate in the United States, the route is a fairly simple one to understand, if not necessarily to follow through on.

Simply, three states have a legalized and regulated online gambling systems in place. These are Nevada, New Jersey and Delaware. Both California and Pennsylvania remain in discussions to legalize online gambling, yet this may take years to finalize.

Advertisement

Playing at online casino sites with a license in the US important for player safety. Sites such as this UK reviews website provide quality information on licensing for many online casino sites.

For new US casinos, obtaining a licensing in one of the states that offer them is of paramount importance. Let’s take a closer look at how these three states regulate gambling and provide licenses to prospective casino sites.

Licensing Requirements in Nevada

As home to Las Vegas, Nevada is well known to be a gambling mecca across the globe. Yet few people know that the Nevada Gaming Commission and the Nevada Gaming Control Board also regulate online gambling in the state, which has been legal since 2013.

At present, these regulatory bodies only allow casinos with a Nevada license to provide games to players within Nevada. Online sites with a Nevada license include Bovada.

Licensing Requirements in New Jersey

In New Jersey, the story is similar to that of Nevada. Since 2012, the state has offered it’s residents access to a wide range of new US casino sites offering everything from card games to slots and more.

Advertisement

Naturally, only players from NJ are able to access these sites, which include big names such as Bwin and 888.

Licensing Requirements in Delaware

Delaware is known as a progressive, small state in the US northeast. Having legalized online gambling in 2012, the state provides residents with access to a quality selection of new US casinos.

Powered by WPeMatico

Continue Reading
Advertisement

Canada

Rivalry to Report First Quarter 2024 Results on May 30

Published

on

rivalry-to-report-first-quarter-2024-results-on-may-30

 

Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Gen Z, today announced details of its planned release of first quarter 2024 financial results.

The Company expects to file its Q1 2024 results the morning of Thursday, May 30, 2024 prior to the commencement of TSXV trading. Management plans to host an investor conference call that same day at 10:00 am EDT to discuss the results.

Conference Call Details
Timing: Thursday, May 30, 2024 at 10:00 am EDT
Dial-in: 1-800-717-1738 (toll free) or (+1) 289-514-5100 (local or international calls)
Webcast: A live webcast can be accessed from the Events section of the Company’s website at rivalrycorp.com
A replay of the webcast will be archived on the Company’s website for one year.

Continue Reading

Canada

Play’n GO announces partnership with Canadian operator Loto-Québec

Published

on

play’n-go-announces-partnership-with-canadian-operator-loto-quebec

 

Play’n GO, the world’s leading casino entertainment provider, has today announced a partnership with Canadian operator Loto-Québec, launching the Swedish gaming giant’s games into another Canadian province.

Already active in another Canadian province , this partnership sees Play’n GO’s content available in the province of Québec exclusively with Loto-Québec, a state-owned corporation, where online players now have access to titles such as Tome of Madness. 

Magnus Olsson, Chief Commercial Officer, Play’n GO said: “At Play’n GO, we have always been clear in our vision to be active in every regulated market in the world, and this partnership with Loto-Québec is the next step on that journey.

“Our past success in Canada gives us confidence that players in Québec will enjoy the best Play’n GO content, and we look forward to many years of success with Loto-Québec in the province.”

Advertisement

Stéphane Martel, Head of Product and Innovation at Loto-Québec added: “As the sole iGaming operator in Québec, we pride ourselves on offering titles that truly add value to our platform, lotoquebec.com. We are happy to bring Play’n GO games to our players.”

Continue Reading

Canada

Court Decision Upholds iGaming Ontario’s Model

Published

on

court-decision-upholds-igaming-ontario’s-model

 

iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontario’s model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.

“We have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,” said Martha Otton, Executive Director of iGaming Ontario.

“Ontario’s model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,” Otton added.

In dismissing the application brought forward by the Mohawk Council of Kahnawà:ke (MCK), the Superior Court found that iGaming Ontario is the “operating mind” behind Ontario’s competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.

Advertisement

iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania