The Senate Tax Committee of Minnesota has advanced legislation aimed at legalizing sports betting in the state. Spearheaded by Senator Matt Klein, bill SF1949 faced its second hearing in Taxes, marking another step in its legislative journey. This legislative push is not new, as the bill had previously undergone deliberations in the committee last year.
Industry
Sports betting and gaming group Entain is exploring selling its subsidiary PartyPoker as it looks to keep activist investors at bay by refocusing on its core business. According to a report by Sky News, Entain is working with advisers from Oakvale Capital on a prospective sale of the online poker business. The report cited unnamed
Nicolas Campano, Soft2Bet’s Sales Director for LATAM, recently attended the EGR Power LATAM and SBC Summit where he discussed the key themes and trends around online gambling in Latin America. “Latin America has been a highly active region for online gambling for many years, and with many of its major markets now regulated or about
The Malta Gaming Authority (MGA) hosted its first Sports Betting Integrity Conference, opening an avenue for open dialogue and knowledge-sharing about this issue. MGA said the event showcases the Authority’s dedication to maintaining a gaming landscape that is free from corruption and any form of unethical practices. The event convened high-profile stakeholders integral to the
The Georgia House of Representatives hosted on Tuesday, March 12th, its inaugural hearing on SB386, a statewide mobile sports betting bill. This session comes over five weeks since the bill’s passage in the Senate, setting the stage for a debate on the future of gambling regulation in the state with just over two weeks remaining
Arizona’s sports betting market continues its upward trajectory, with operators reporting a record-breaking revenue of $70.9 million in January, marking the second consecutive month of historic highs. The Arizona Department of Gaming revealed that gross sports betting revenue soared by 4.8% from December’s record of $67.7 million, and surged by an impressive 49.4% compared to
North Carolina’s foray into online sports betting has kicked off with significant activity, as indicated by data from GeoComply, a geolocation compliance company. Within the first 48 hours of the state’s launch on Monday, March 11, more than 5.36 million geolocation checks were recorded. Comparatively, neighboring Virginia, which has had online sports betting since January
Atlantic County and the nonprofit Liberty and Prosperity will attend the state appellate court on March 20 in Trenton to argue that Superior Court judges were right when they decided that 2021 changes in casino PILOT (payment-in-lieu-of-taxes) rules violated county agreements and the New Jersey Constitution. The 10-year PILOT bill, formally known as the Casino Property
Indiana’s sports betting market saw a robust performance in February, with the total wagering handle surpassing $400 million, a dip from the previous month’s record-breaking figures. According to official data, the total handle for February stood at $408.7 million, marking a 14.7% increase compared to the same period last year. However, it represented a 14.9%
The National Prosecutor’s Office of the Public Ministry of Chile made a statement on the current situation of online gambling platforms in the country and affirmed that “illegality is not synonymous with crime,” in allusion to the ruling of the Supreme Court that had declared illegal more than 20 iGaming operators. The prosecutor’s position was
Australian wagering company Tabcorp Holdings has announced the resignation of its CEO, Adam Rytenskild, following allegations of “inappropriate” and “offensive” language in the workplace. The company disclosed on Thursday that its board had become aware of the CEO’s use of language deemed inconsistent with leadership standards, prompting discussions that led to Rytenskild’s immediate resignation. While
International Game Technology (IGT) has marginally improved its revenue to $4.31 billion for the twelve-month period ending on December 31, 2023, up 2% from the previous year’s figure of $4.22 billion. The net profit for the year stood at $156 million, reflecting a decrease of 43.3% from $275 million in 2022, while total adjusted EBITDA
Online slots and live casino content provider Amusnet has announced its participation at SAGSE Buenos Aires 2024 as a Golden Sponsor. The event, set to take place on March 20th and 21st, will be held at the Hilton Hotel in Buenos Aires. The company says that the 32nd edition of the event will provide a
iGaming solutions provider BetConstruct has announced its participation at the SAGSE LatAm event in Buenos Aires, scheduled to take place from March 20-21. BetConstruct said it will showcase a diverse array of offerings at the meeting, including Sportsbook with Data Feed Solutions and multiple Land Based Solutions, which are designed to give partners maximum autonomy. It
iGaming solutions supplier SOFTSWISS has secured a win in the Responsible Gaming category at the SiGMA Africa Awards. SOFTSWISS noted in a statement that its ethical philosophy for responsible gambling practices revolves around the “player comes first” principle. This commitment is conveyed through the dedicated departments on two levels, serving the needs of both operators and players,
Oh, joy of joys. The Las Vegas Grand Prix is making a return for 2024, along with all the construction and traffic headaches it brings. But those things aren’t important because they only inconvenience the general public, while the big corporations rake in millions. So mark your calendars, as this fall will once again bring
Betting and gaming platform provider Sportingtech has agreed to support the work of The Malta Trust Foundation (TMTF) and its ongoing initiatives for the next three years. “With a huge footprint in Malta, this partnership cements Sportingtech’s people-centric ethos of supporting wider communities in which it operates and ensuring a positive future for residents,” the
The Federal Senate approved on Tuesday the creation of a Parliamentary Inquiry Commission (CPI for its initials in Portuguese) to investigate cases of match-fixing in Brazilian soccer. The creation of the commission responds to a request submitted last week by senator and former soccer player Romário (PL/RJ). In his petition (RQS 158/2024), Romário stated that
Twenty-three of the Atlantic City casino industry’s “rising stars” graduated on March 5 as part of the first in-person certificate program created by the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism (LIGHT) at Stockton University. The Integrated Casino Resorts Operations Certificate Program is an eight-work course providing an overview of the casino industry
Gaming Laboratories International (GLI) Vice President of Latin America, Caribbean, and Spain Karen Sierra-Hughes was named “Most Outstanding Director in Responsible Gaming” at the VI Responsible Gaming and Corporate Social Responsibility Awards at the Royal Theater in Madrid. When presenting Sierra-Hughes with the award, the organizers said: “Karen Sierra-Hughes has been awarded for her persistence
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