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Gambling News Roundup: New Regulations, Big Wins, and More

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Millions of people enjoy gambling, whether it is a spot on a horse race or the football results. But many of them are at risk of addiction and must be better protected. That’s why the government has announced plans to update gambling rules for the digital age. These include extra powers for the Gambling Commission, curbs on bonus offers, and affordability checks for online slots.

Legalization of sports betting

The legalization of sports betting in the United States has brought a host of new opportunities for gamblers. People can now place bets on a wide variety of games, and some have even made huge profits from their wagers. This has boosted the economy and helped casinos make money. It is expected to continue growing over the next few years.

Several states have legalized sports betting, and many others are attempting to do so. Previously, most people had to travel to Nevada to place bets on their favorite teams and players. But now, sports betting is available in most states and can be enjoyed by anyone with an internet connection.

In addition to boosting the economy, legalized sports gambling is also helping state governments collect revenue. Over the past two years, sports betting taxes have generated over $3 billion in revenues for local and state governments and over $570 million for federal authorities. Some states are putting all of the money they receive from sports betting into general funds, while others are using it to fund programs such as education and law enforcement.

As the demand for legal sports betting continues to grow, many lawmakers are working on legislation to regulate the industry. Some proposals call for a percentage of the revenue to go towards anti-corruption measures in professional sports leagues, while other states are creating categories of licenses with different fees and requirements. In Illinois, for example, the new laws allow sports books to pay a “master sports wagering license” fee of $10 million to be licensed, and they must use official league data to set odds.

Other states, such as Montana and Nebraska, have ballot initiatives to legalize sports betting. In Nebraska, Proposition 27 will ask voters to amend the state constitution and allow regulated sports wagering. The measure has received support from the governor but will require 2/3 of the legislature’s approval to be placed on the ballot.

In Florida, the legislature approved sports wagering via a tribal-state compact with the Seminole Tribe in May 2021. Once the federal Department of Interior approves the compact, retail and mobile sports betting could launch in late 2021.

Legalization of medical marijuana

In the United States, medical marijuana is legal on a state level in 29 states and Washington, DC. However, you can learn more about the same from Focus Gaming News. The Trump administration has signaled a tougher stance on drug enforcement, but limited Department of Justice resources and large marijuana tax revenues in some states may discourage federal interference. Physicians are able to prescribe cannabis to treat nausea and vomiting from cancer chemotherapy and wasting (severe weight loss) associated with AIDS, as well as spasticity from multiple sclerosis. The FDA has also approved synthetic marijuana-derived compounds such as Dronabinol and Cesamet, as well as the oromucosal spray Sativex for multiple sclerosis and cancer pain.

Legalization of online gambling

The legalization of online gambling in the United States is a complex issue. While the activity is largely legal in most areas, it is still subject to state and federal laws that restrict or regulate different aspects of the industry. For example, states have passed laws that allow sports betting while limiting the types of online gambling platforms that can accept wagers. Some states have even banned online gambling entirely. The most recent development in the US has been an attempt to circumvent these state-by-state patchworks by legalizing online gaming at the federal level.

Initially, the movement to legalize online gambling in the US was focused on sports betting. The 2018 Supreme Court decision overturned PASPA, allowing individual states to legalize sports betting in their jurisdictions. In the wake of this ruling, several states enacted legislation to legalize online betting on various sporting events. The most popular sports to bet on are football, basketball, and baseball. However, there are other popular games that can be wagered on as well, including horse racing and video games.

Online casinos and poker rooms are also becoming more accessible in the US. Nevada, New Jersey, and Delaware were among the first states to introduce legal online casino games and poker sites. Since then, Pennsylvania, West Virginia, and Michigan have joined the party, and other states are considering legalization as well.

While some people may enjoy online gambling without any problem, others can be harmed by its consequences. These problems range from financial loss to addiction and even death. In the worst cases, gambling harm and addiction can lead to suicide. As a result, the industry has become more vigilant in its efforts to protect vulnerable players.

In 2022, California will vote on two competing proposals for the legalization of online sports betting. One is backed by FanDuel and DraftKings while the other is supported by California tribes. Both initiatives face an uphill battle. The state has a large Mormon population and many residents oppose the initiative due to religious beliefs. The other major holdout in the US is Hawaii, which has a similar climate and a lack of interest in expanding its gambling regulations.

Legalization of Video Poker

Amid the excitement over the Supreme Court’s decision to legalize sports betting, many states are considering new regulations that could further expand gambling. One example is a bill that would make it easier for gambling firms to monitor the habits of their customers and take steps to intervene when they exhibit problem behaviors. This bill would also allow casinos to sell betting apps and offer a range of responsible gambling products.

The state of South Carolina has a complicated relationship with gambling. Its laws ban most forms of gambling, but video poker is in a gray area because it is not specifically mentioned in the law. It was only able to survive in the state by hiding in a 1986 legislative favor. A tiny amendment in the back of a giant budget bill erased two words in a state statute, allowing video poker players to win jackpots. The state has never formally banned video poker, but it has used suits and lobbying to stymie efforts to pass a ban.

Some states have a better relationship with gambling than others, but even the best-behaved states sometimes struggle to enforce their laws. For instance, the state of Kentucky took a hard line against online poker in recent years and attempted to seize 140 gambling domains. The effort was ultimately thwarted by the court, but the state still maintains a harsh anti-online poker policy. The Kentucky Supreme Court might eventually review the case, but it is unlikely that the state will legalize online poker anytime soon.

Another state with a good relationship with gambling is West Virginia, which has launched regulated sports betting sites. In 2023, the state is expected to roll out a broader set of iGaming offerings, including online slots and table games. It is likely that the Mohegan and Mashantucket Pequot tribes will launch these sites in the state, though they may face some challenges.

The state of California has 78 land-based casinos and 60 poker clubs. It has also dozens of horse tracks, OTBs, casino cruises, and bingo halls. But it has never passed a legalized version of online poker, partly because of the industry’s unpopular image. A bill that would legalize a statewide poker network was defeated in February, but lawmakers are looking at other ways to boost gaming revenues. They are considering expanding land-based casino machines, allowing players to use their mobile devices, and adding a gambling ombudsman to help resolve disputes between punters and companies.

Carl Gatt Baldacchino Head of Account Management SlotMatrix

High-Voltage Reels: SlotMatrix Debuts Salty Sam’s Rage Bait

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SlotMatrix, the premier casino content aggregator globally, is enhancing its unique portfolio by introducing Salty Sam’s Rage Bait, an energetic fishing experience that merges character-focused gameplay with dynamic Spin & Win features.

Situated in the chaotic waters overseen by fisherman Salty Sam, the game invites players to throw their lines over colorful reels filled with Wilds and Bonus icons. Each Wild that appears intensifies Sam’s fury, bringing him nearer to exploding with rage, activating the Spin & Win feature.

The core game offers thrilling speed, while hitting three, four, or five Bonus symbols triggers the Free Spins Bonus, granting eight, ten, or twelve complimentary spins. In this mode, extra Wilds fill the reels, enhancing the likelihood of triggering the Spin & Win feature and forming powerful combinations.

The Spin & Win function includes fish multipliers and bait symbols that work together to enhance nearby values via dynamic chain reactions. Multipliers can increase significantly, resetting spins and revealing substantial possibilities as the grid becomes populated with enhanced symbols.

Available solely via SlotMatrix, Salty Sam’s Rage Bait features EveryMatrix’s unique gamification features, such as leaderboards and free spins, and can be effortlessly incorporated with EngageSuite, the comprehensive player loyalty system.

Carl Gatt Baldacchino, Head of Account Management, SlotMatrix, said: “Salty Sam’s Rage Bait is a highly entertaining title and a strong addition for operators looking to keep engagement high. I’m confident it will be especially popular with players who are fans of fast paced, all action content.”

The post High-Voltage Reels: SlotMatrix Debuts Salty Sam’s Rage Bait appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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James Jelliffe Head of Slots at Stakelogic

Stakelogic reinvents vintage slot thrills with Mega Fortune’s Hold ’n’ Win twist

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From fruit to wealth, traditional slot icons reappear alongside Coin collections and bonus elements.

Stakelogic has broadened its slot collection with the launch of Mega Fortune, a Hold ’n’ Win game that embraces traditional slot design while incorporating bonus features to maintain the momentum from one spin to the next.

Set on a traditional 5×4 grid featuring 20 paylines, Mega Fortune combines fruit, BARs, and sevens symbols with Gold and Silver Coins that are central to the game’s winning possibilities. The game has an RTP of as high as 96.03% and a top multiplier of x1,000.

Coin symbols enhance the primary experience, showcasing fixed values of up to 25 times the total wager and replacing each other to assist in forming winning combinations. The Hold ’n’ Win Bonus activates when five or more Coins appear anywhere on the reels during a single spin. In the feature, Coin symbols become固定不变, enabling wins to accumulate as more Coin values are gathered and summed to the total.

Aside from the bonus round, the game features the Sevens Sweep mechanic, in which a Red 7 Chest symbol can gather visible Coin values from the reels, generating chances for quicker win accumulation and maintaining excitement even when not in the Hold ’n’ Win feature.

For those wanting to speed up the gameplay, Mega Fortune features a Buy Bonus option, granting instant access to the Hold ’n’ Win feature, along with Super Stake™, which increases the likelihood of activating Free Spins for half of the wager.

James Jelliffe, Head of Slots at Stakelogic, said: “Mega Fortune is a game that players who appreciate our classic slot catalogue will enjoy and we have enough new gameplay features involved to keep the game rewarding. The core mechanics, multipliers and collection lock in with the Hold n Win bonus and make this game a winner for both old and new players.”

The post Stakelogic reinvents vintage slot thrills with Mega Fortune’s Hold ’n’ Win twist appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Deron Hunsberger

Konami Gaming Appoints Deron Hunsberger as Vice President, North American Game Sales

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Konami Gaming Inc. has appointed Deron Hunsberger as its vice president, North American game sales, bringing a 25-year track record of customer partnership and business results. In this role, he is responsible for developing and executing strategic sales initiatives in land-based casino games markets across the US and Canada. Formerly appointed director of slot sales from 2000 to 2006, Deron Hunsberger returns to Konami Gaming with a significant prior term as one of the organization’s earliest employees.

“Deron Hunsberger’s demonstrated customer commitment, solutions-driven approach, and passion for continuous improvement algin with our organization’s enduring values and key objectives. Hunsberger’s prior experience with Konami further positions him for success in this role, leading an incredibly talented and dedicated team of representatives serving casinos from coast-to-coast,” said Tom Jingoli, president & chief operating officer at Konami Gaming Inc.

The post Konami Gaming Appoints Deron Hunsberger as Vice President, North American Game Sales appeared first on Americas iGaming & Sports Betting News.

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