Tag Archives: Compliance

Gaming bill filed as Texas gears up for 2023 legislative session

Gaming bill filed as Texas gears up for 2023 legislative session

The Texas legislature will consider a bill that would amend the state’s constitution to legalize casinos at a limited number of locations and set the stage to permit sports betting.

The proposed law – Senate Joint Resolution 17 – would devise the framework for a new body named the Texas Gaming Commission, which would supervise legalized gambling in Texas.

Casino gambling would be authorized at a “limited number of destination resorts and facilities” with the proceeds going towards tax relief and funding for education and public safety.

The amendment’s author is Houston-based state senator Carol Alvarado, a Democrat who initially pre-filed the bill on 14 November 2022.

[Read full story on iGB North America]

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Ohio fines BetMGM, Caesars, DraftKings $150k for ad violations

Ohio fines BetMGM, Caesars, DraftKings $150k for ad violations

The Ohio Casino Control Commission (OCCC) announced it is seeking a $150,000 (£126,000/€143,000) fine each from BetMGM, Caesars and DraftKings for advertising violations.

According to the regulator, the three operators, or their affiliates, all ran sports betting ads on multiple platforms that were in violation of both Ohio law and administrative rules relating to advertising and promotions.

“The sports gaming industry has received multiple reminders of the rules and standards for advertising and promotions, yet continues to disregard Ohio law,” said OCCC executive director Matthew Schuler. “These repeated violations leave the Commission no choice but to pursue administrative action to bring operators into compliance. The Commission takes responsible gambling seriously – and expects the industry to value the same.”

Read the full story on iGB North America

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Kentucky bill for online betting, poker and fantasy introduced

Kentucky bill for online betting, poker and fantasy introduced

A bill that would permit online sports, poker and paid fantasy competitions in Kentucky has been introduced in the State House in the current legislative session.

House Bill 106 was introduced on 5 January 2023 and sponsored by representatives Derrick Graham, Cherlynn Stevenson and Rachel Roberts.

If passed, the bill would add 26 amendments to the current law and enact 13 new sections related to online sports, poker and fantasy gambling.

The bill would enable sports betting to be provided by online operators as well as allowing racing tracks to partner with online brands.

A licensed track can only partner up with one online operator, which can provide systems for gambling both on track and online.

Tracks may also offer sportsbooks at two separate locations that it owns or leases within 60 miles of the racing grounds that are not attached to the land of the track.

Sports that would be allowed to be gambled on include the NFL, NBA, MLB, PGA, NASCAR, MLS, NCAA, NAIA and other nation..

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Pennsylvania operators fined for allowing bets on unapproved sporting event

Pennsylvania operators fined for allowing bets on unapproved sporting event

The Pennsylvania Gaming Control Board (PGCB) has fined Mountainview Thoroughbred Racing Association and BetMGM for accepting bets on an unapproved sporting event.

The sanction was confirmed after the regulator approved a consent agreement presented by the Board’s Office of Enforcement Counsel (OEC).

The agreement was the result of negotiations between OEC and Mountainview Thoroughbred Racing Association, operator of Hollywood Casino Morgantown in Berks County, and its sports betting partner BetMGM.

The $7,500 fine was levied when BetMGM accepted and paid out wagers on the Victor Belfort v Evander Holyfield boxing contest on 11 September 2021 after the PGCB said that it had “specifically notified all operators that wagering on this event would not be permitted”.

In total, 76 wagers were accepted by BetMGM, according to the watchdog.

Last month, the PGCB fined Parx Casino $10,000for allowing an 18-year-old to access the casino and gamble at gaming tables.

The regulator said casino ..

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Ontario orders halt to all UFC betting amid integrity concerns

Ontario orders halt to all UFC betting amid integrity concerns

The Alcohol and Gaming Commission of Ontario (AGCO) has ordered all operators in the province to stop taking bets on the Ultimate Fighting Championship (UFC) due to integrity concerns.

The Ontario regulator said that operators should stop offering any UFC betting with immediate effect.

Ontario – which launched its regulated betting and igaming market on 4 April of this year – has a number of rules intended to protect sporting integrity.

All events for which betting is permitted “must be effectively supervised by a sport governing body which must, at minimum, prescribe final rules and enforce codes of conduct that include prohibitions on betting by insiders”.

In addition, there must be “integrity safeguards in place which are sufficient to mitigate the risk of match-fixing, cheat-at-play, and other illicit activity that might influence the outcome of bet upon events”.

The UFC in October amended its rules and regulations to ban its fighters from betting on UFC events.

However, AGC..

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DSWV partners IBIA to protect sporting integrity

DSWV partners IBIA to protect sporting integrity

The German Sports Betting Association (DSWV) and the International Betting Integrity Association (IBIA) have signed a Memorandum of Understanding (MoU) in an effort to protect sports integrity.

Under the arrangement, the DSWV and IBIA will work in partnership and coordinate their activities on betting and related integrity issues in Germany.

The two associations will bring together their expertise on activities aimed at promoting a viable regulated sports betting market in the country that has high consumer channelling and related consumer, sports and operator integrity protection measures.

“The partnership between the DSWV and IBIA is another welcome step forward for the German sports betting industry,” DSWV president Mathias Dahms said. “With its many years of international experience and expertise in the field of sports integrity, the IBIA will support us in strengthening the regulated market and protecting it from manipulation.

“We therefore look forward to many joint projects..

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Towards intolerance of illegal operators

Towards intolerance of illegal operators

Illegal online gambling remains a threat to both player protection and government tax yields. Yet, as Paul Girvan explains, most regulated jurisdictions continue to tolerate operators making money outside of the regulatory environment. Could more be done to fight the unlicensed sector?

Online gambling has existed since the inception of the internet, and over time we have seen increasing concern arise from the issue of black market gambling.

Equally, nearly all countries implementing legal market controls have encountered rising rates of gambling harm and negative social consequences, the causes for many of which remain outside the licensed market.

While there is much talk about the “licensed level playing field”, it’s hard to see how any marketplace is effectively levelled to the benefit of any parties if it tolerates the presence of the illicit black market. These shadow operators reap a competitive advantage as their regulated competitors pay a licence fee and taxes and comply wi..

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Early takeaways from Ontario igaming

Early takeaways from Ontario igaming

With the first regulated igaming market to open to non-monopoly operators launching in a province with nearly 40% of the Canadian population, Ontario was always going to be an enticing prospect. Geoffrey Smorong provides analysis of the opening two months for iGB Affiliate.

On 4 April, the first Canadian province went live with a regulated igaming market for private operators, as Ontario officially opened its door to non-government operated online casinos and sportsbooks.

Ontario boasts a population of nearly 15 million, making it one of the largest new North American markets for regulated online gaming. The Ontario iGaming market will likely be a sizable one financially, as it’s expected to generate gross revenues of CA$989m by the end of this year and CA$1.86bn by 2026, according to VIXIO.

A couple of months have now passed, making this an ideal time to assess how the launch of the expanded igaming market in Ontario has gone so far.

Early engagement

The Ontario igaming marke..

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