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Compliance Updates

Sports Betting Banned In States With 2024 Super Bowl Teams

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The Super Bowl game this year between the San Francisco 49ers and Kansas City Chiefs will be a major day for legal sports betting — but not in the states that are home to the two teams.

Sports betting is illegal in the nation’s most populated state, California (49ers), and Missouri (Chiefs).

Gambling.com Legislation Expert Larry Henry took a look at how attempts at legislation in both states are progressing – along with some key quotes from his ‘The Edge’ interview with Gary Jenkins, an attorney and former Kansas City Police Department intelligence detective:

In California, a heated effort during the 2022 election to legalize commercial sports betting was unsuccessful, leaving tribal leaders at odds with regulated online sportsbook operators hoping to enter the market.

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This year, a proposed sports betting ballot initiative already has been withdrawn, prompting speculation from industry observers that California, mired in wrangling over the issue, might remain without legal sports betting for at least two more years.

In Missouri, the Legislature again this year has taken up a sports betting measure, but its chances are questionable in part because of a stalemate over unregulated slot machines in bars and gas stations, according to the St. Louis Post-Dispatch.

With this dispute as a backdrop, Missouri’s major professional teams are attempting to circumvent the Legislature by seeking enough signatures from registered voters to put the issue on the Nov. 5 ballot. More than 170,000 signatures are required by May 8.

Gary Jenkins, an attorney and former Kansas City Police Department intelligence detective, said on Gambling.com’s “The Edge” that Missourians are crossing into bordering states to place legal sports bets, costing his home state money in lost revenue.

“We’re losing millions and millions in tax dollars,” Jenkins said.

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Jenkins, who investigated Mob street rackets like illegal sports betting during his time as a police detective, said Missouri residents want to be able to bet legally on sports.

“They don’t see anything wrong with it,” he said. “They’ve been doing it with their friends for years.”

Reference: Gambling.com , link back to the original article, where you can also find additional information: https://www.gambling.com/us/news/sports-betting-banned-in-states-with-2024-super-bowl-teams

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Bulgarian President Approves Gambling Law Amendments

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Bulgarian President Rumen Radev has decided not to veto the proposed amendments to the Gambling Law, which include a prohibition on gambling advertisements in the media.

Previously, President Radev had indicated that he was deliberating on the changes to the Gambling Law and was awaiting input from his advisors before making a final decision.

The prohibition on gambling advertisements in the media was approved by a significant majority of deputies during the final session of the 49th National Assembly. Despite objections raised by various media outlets, gambling operators, sports clubs, and other businesses between the readings, the amendments were endorsed. Some stakeholders argued against the ban, suggesting that public discussion should precede its adoption.

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The initiative for the amendments originated from GERB and DPS, and it was introduced unexpectedly during the last days of the 49th National Assembly by Yordan Tsonev (DPS) and Temenuzka Petkova (GERB). The bill swiftly progressed through the legislative process, passing its first reading in the budget committee and subsequently receiving approval in the plenary session. An extraordinary meeting of the Committee on Budget and Finance was convened to facilitate the voting on the amendments before the deputies commenced their pre-election recess.

The post Bulgarian President Approves Gambling Law Amendments appeared first on European Gaming Industry News.

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Thailand Considers Limiting Gambling Areas to 5% of Total Project Space

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The Thai government is exploring the possibility of restricting gambling areas within entertainment complexes to no more than 5% of the total project space. This proposal was revealed by Deputy Finance Minister Julapun Amornvivat, who also chairs the House committee responsible for evaluating the potential establishment of casino resorts in the country.

Amornvivat noted that the allocation of space for gaming activities within these entertainment complexes would be determined based on input from various governmental entities involved in a project.

Last month, Thailand’s cabinet approved a report from the National Assembly committee that examined the feasibility of introducing casino resorts in the country. The Ministry of Finance was tasked with conducting a 30-day study to assess the viability of implementing such a policy.

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Each proposed venue would require a minimum investment of THB100 billion ($2.75 billion), according to the committee report. Amornvivat recently requested a two-week extension for the study period to further evaluate the matter in collaboration with 16 other government agencies.

The special House committee’s study focused on three main areas. First, it examined the potential impacts of introducing entertainment complexes with casinos on various aspects of Thai society, including economics, politics, social dynamics and the environment.

Second, the committee analysed the business framework of integrated entertainment venues, exploring revenue generation mechanisms such as taxes, fees and licensing structures. It recommended the implementation of specific casino taxes and the establishment of a fund aimed at addressing the negative effects of gambling activities.

Last, the report highlighted the importance of conducting a comprehensive review of the legal framework governing entertainment venues and gambling laws in Thailand. This effort aims to update existing legislation or develop new laws that align with the evolving societal landscape.

The post Thailand Considers Limiting Gambling Areas to 5% of Total Project Space appeared first on European Gaming Industry News.

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Court Decision Upholds iGaming Ontario’s Model

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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.

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

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