The latest iGaming bill out of Massachusetts would regulate online casino gambling in the state, while also banning online sweepstakes casinos. House Bill 4431 would also implement a 15% tax rate on adjusted gross revenue, ban credit card deposits, and require AI monitoring of risky gambling behavior. There are plenty of hurdles for this bill … Read more
Gray games are technically games of skill, but functionally similar to slot machines. The bill is expected to pass the Senate by lawmakers. FRANKFORT, Ky. – The Kentucky House of Representatives has passed a bill to ban so-called “Gray Games” in KY. What Are Gray Games? Gray games is a term that generally refers to … Read more
Bitcoin currently sits just above $20,000 on the open markets. Online sportsbooks give Bitcoin +150 odds to be under $17,500 by the end of the year. The next most likely outcome is that it sits between $17,501 and $20,000, with +200 odds. LAS VEGAS – The price of Bitcoin currently sits at just above $20,000, … Read more
Online gambling is only state-regulated in six states. Execs at the East Coast Gaming Conference expect four more states to regulate it in the near future. There are some legal complications regarding server location thanks to The Wire Act. ATLANTIC CITY, N.J. – Online, state-regulated casino gambling is only up-and-running in six states: Connecticut, Delaware, … Read more
Ohio’s e-bingo operators had to report their incomes on August 31. E-bingo launched on April 1 in Ohio after a nine-year court battle. It is legal under charitable gaming laws included in Ohio’s sports betting bill. CINCINNATI – Ohio’s e-bingo operators were required to report their incomes and expenses by August 31, meaning there will … Read more
United Kingdom online gambling sites are under investigation for using data to target problem gamblers. Problem gamblers are naturally at risk, but when given targeted ads based on their favored games and odds of playing they are particularly at risk. LONDON – The United Kingdom’s online gambling industry is in increasingly hot water as complaints … Read more
The Alabama Department of Revenue finally forced Greenetrack Inc. to pay over $76 million in taxes. Greenetrack will now be forced to pay the fine, because the Alabama Supreme Court ruled against them, exhausting their options. Getting Greenetrack to pay a fee may have been a win for lawmakers, but it really just showed the … Read more
New York Sen. Joseph Addabbo attempted to get an online casino bill passed in 2022. It did not make it, but Addabbo remains committed to the project. Look for the bill to make a return in 2023. NEW YORK – New York’s recently regulated sports betting market has been booming, with January seeing more than … Read more
New Jersey made $118 million in online gambling revenue in November, and $127 million in October. Delaware made $996,639 in online gambling revenue, up 7.2% from the previous month. Pennsylvania’s November online poker revenue was down $0.1 million from October. TRENTON, N.J. – As gambling becomes more popular in states like New Jersey, Delaware and … Read more
