Gaming Law & Legislation

Look here to stay abreast of breaking industry news related to the actions of lawmakers who create and codify the rules and regulators who enforce them. The Gambling Commission in the UK features prominently in this section due to the age and maturity of the marketplace there, but you can stay up to date around the globe by bookmarking this section.

From homegrown initiatives at the ballot box in rural America, to the fate of th six concessionaires in Macau as their licenses are set to expire betwwen 2020 nad 2022, to Asian marketplaces like Japan and Vietnam that are set to change the world casino landscape, you’ll find all the news that’s fit print here. Complementary sections include the over arching Gaming Industry News section as well as Licenses, Taxation, and Online Gambling Regulation.

Pole position for MGM Resorts International in Osaka casino license race

American gambling giant MGM Resorts International is said to look its best in the race to select the integrated casino resort planned for the huge Japanese city of Osaka.

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Philippines regulator issues pair of new iGaming licenses

The Philippines Amusement and Gaming Corporation (PAGCor) government regulator has reportedly granted licenses to two online gambling companies less than a week after the introduction of a temporary freeze on the processing of new certifications.

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British betting companies are experiencing a huge increase in customer complaints

HomeNew casino and gambling news British betting companies are experiencing a huge increase in customer complaints  Marie Kelley August 13, 2019 Current Casino and Gambling News, Gaming Law & Legislation, United Kingdom According to recent figures collected by the Gambling Commission on BBC Panorama, British betting companies have experienced a huge increase in customer complaints. Nearly 5000%, to be exact, in the last five years. The problem gamblers have accused the bookmakers of continuing to tempt them into betting after asking them to be removed from the mailing lists.

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William Hill blames new FOBTs rules on decision to shut up to 700 shops

In the UK, major bookmaker William Hill has reportedly announced plans to close up to 700 stores to make up for the £ 820m ($ 1.02bn) losses due to tightened national rules for fixed odds betting Expect terminals (FOBTs).

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The PILOT deal could confront Atlantic City with a budget deficit in 2020

An obscure provision in a New Jersey law could allegedly result in Atlantic City receiving around $ 14 million less in comparable revenue from its 2020 budget despite a rise in the recent performance of its nine casinos.

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The governor of Iowa signs the legalization measure for sports betting

Iowa Republican Governor Kim Reynolds (pictured) is said to have signed a bill on Monday to enable the state to conduct sports betting online and through its collection of 19 land-based casinos.

Midwestern train:

According to a Tuesday report from the Omaha World Herald newspaper, Iowa is the second state in the Midwest to Indiana to legalize sports betting, although the first bets are likely to be placed in July.

Entertainment for adults:

The 59-year Governor’s statutory measure allows anyone over the age of 21 in Hawkeye to count on the results of a variety of collegiate, professional and international events, including daily fantasy sports competitions. It also hands over regulatory oversight to the Iowa Racing and Gaming Commission, which now has the task of formulating appropriate rules and encouraging operators to hand over 6.75% of their sports book inventory in taxes.

Online option:

For those sports betting fans living outside Iowa, legislation has also legalized betting on mobile devices and apps as long as the punter is physically inside the state.

The Omaha World-Herald reported that Reynolds’ decision to sign the law passed by the Iowa House of Representatives last month with a margin of 67 to 31, after having previously been won by the Iowa State Senate Activity can be carried out to be responsibly regulated and taxed.

PASPA product:

The decision by Reynolds only one day before the one-year anniversary of the decision of the Supreme Court of the United States to invalidate the Law for the Protection of Professional and Amateur Sports (PASPA), which until then largely sports betting on land-based casinos in Nevada limited. Since that momentous decision, eight other states have introduced a form of sports betting, while Montana and Indiana have passed laws since the beginning of the year that Tennessee is likely to follow soon.

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