News In Brief October 18-October 22 2021

News In Brief: October 18-October 22, 2021

British regulatory authorities are undergoing a project to review the penetration surveys, and most casinos in Maryland, Maryland, are promoting sports betting.

The design of the British Gambling Gambling Committee

The British Gambling Committee has selected the Natcen Social Research and the University of Glasgow as the leader of a new method of new methods for collecting gambling illness data.

The committee is scheduled to be implemented between October 2021 and March 2022, including "a tes t-based survey using a new pus h-i n-web method of stakeholders, and a new pus h-i n-web method." I mentioned.

British regulatory authorities have also summarized themselves on complaints from consumer in the gambling industry.

According to the survey, complaints decreased by about 17 % in 2020. The most common complaint was to do not pay prize money, close accounts, and misleading.

Furthermore, two Maryland casinos receive preliminary approval for sports betting

Perry Building Hollywood Casino and Berlin's Ocean Downs Casino application will be finalized by the Maryland Sports Gambling Platform Review Committee (SWARC), which will be awarded the license.

Hollywood and Ocean Downs join CAESARS's Horseshoe casino and live! CASINO & AMP; amp; Hollywood and Ocean Downs are CAESARS's Horseshoe Casino, Live! MLGCC is Horseshoe, Live! The MGM was judged to be qualified on October 6 and transferred an application to SWARC.

SWARC's r e-expires are undecided. Gaming Commission has postponed the meeting on October 14 and has not announced a new meeting schedule.

These five casinos have been designated as 17 businesses that carry out retail sports gambling in the sports gambling law.

"We have approved five facilities and our work is continuing," said Maryland Lottery and Gaming Director John Martin.

"We continue to send applications to Swarc so that it can start prize and sports gambling by late autumn," Martin said in a statement. "We are doing our best to provide that it is what the people want."

These five casinos, along with the sixth resort in the state, Rocky Gap Casino, are listed as a candidate for installing sports books in legalization of sports betting.

"Governor Rally Hogan is as enthusiastic as I am working on to realize sports betting in Maryland.

"Now that Maryland people are looking forward to betting in NFL and March Madness, we expect the Congress candidate sports review committee to promptly approve these licenses," said Governor Hogan, the governor of the Commonwise Party. 。

California Online, Initibornia, California Online Initiative

California's Justice Corporation, Rob Bonta, has published a voting initiative financial analysis of several sports betting businesses in Japan as a sponsor and trying to legal onlineberting as a source of social programs.

There are few financial data, and the analysis was announced after the mayor of the four cities supported the Initiatibib proposal, which provides hundreds of millions of funds for homeless and mental health services.

According to pages six pages of financial impact, this proposal affects the expenditure and income of the state government and local governments, but the actual impact is uncertain and how this measure is implemented.

"For example, it is unknown whether the payment of legal gaming is proposed, the payment required by the existing tube contract with the local government will be r e-negotiated," said the LAO (LAO). The report states.

The impact of this measure on the finances depends on the number of businesses that acquire online sports gambling licenses, the amount of deductions of the tax payment, and how much the general public participates in gambling.

Sponsored events such as Draftkings, BetMGM, Fanduel, Penn National Gaming/Barstool, Wynnbet, Bally's, Fanatical Betting and Gaming.

The proposal requires tribes and technology companies to pay $ 10 million in the first time and pay $ 1 million every five years. Gaming companies pay $ 100 million and $ 10 million for 5 years.

It also imposes 10 % of taxes after deducting bets using freebets and advertising credits, players' prize money, and federal gambling tax. < SPAN>, "Governor Rally Hogan," No one is as enthusiastic as I am in Maryland to achieve sports betting.

"Now that Maryland people are looking forward to betting in NFL and March Madness, we expect the Congress candidate sports review committee to promptly approve these licenses," said Governor Hogan, the governor of the Commonwise Party. 。

California Online Initivive California Online Initiative

California's Justice Corporation, Rob Bonta, has published a voting initiative financial analysis of several sports betting businesses in Japan as a sponsor and trying to legal onlineberting as a source of social programs.

There are few financial data, and the analysis was announced after the mayor of the four cities supported the Initiatibib proposal, which provides hundreds of millions of funds for homeless and mental health services.

According to pages six pages of financial impact, this proposal affects the expenditure and income of the state government and local governments, but the actual impact is uncertain and how this measure is implemented.

"For example, it is unknown whether the payment of legal gaming is proposed, the payment required by the existing tube contract with the local government will be r e-negotiated," said the LAO (LAO). The report states.

The impact of this measure on the finances depends on the number of businesses that acquire online sports gambling licenses, the amount of deductions of the tax payment, and how much the general public participates in gambling.

Sponsored events such as Draftkings, BetMGM, Fanduel, Penn National Gaming/Barstool, Wynnbet, Bally's, Fanatical Betting and Gaming.

The proposal requires tribes and technology companies to pay $ 10 million in the first time and pay $ 1 million every five years. Gaming companies pay $ 100 million and $ 10 million for 5 years.

It also imposes 10 % of taxes after deducting bets using freebets and advertising credits, players' prize money, and federal gambling tax. "Governor Rally Hogan is as enthusiastic as I am working on to realize sports betting in Maryland.

"Now that Maryland people are looking forward to betting in NFL and March Madness, we expect the Congress candidate sports review committee to promptly approve these licenses," said Governor Hogan, the governor of the Commonwise Party. 。

California Online Initivive California Online Initiative

California's Justice Corporation, Rob Bonta, has published a voting initiative financial analysis of several sports betting businesses in Japan as a sponsor and trying to legal onlineberting as a source of social programs.

There are few financial data, and the analysis was announced after the mayor of the four cities supported the Initiatibib proposal, which provides hundreds of millions of funds for homeless and mental health services.

According to pages six pages of financial impact, this proposal affects the expenditure and income of the state government and local governments, but the actual impact is uncertain and how this measure is implemented.

"For example, it is unknown whether the payment of legal gaming is proposed, the payment required by the existing tube contract with the local government will be r e-negotiated," said the LAO (LAO). The report states.

The impact of this measure on the finances depends on the number of businesses that acquire online sports gambling licenses, the amount of deductions of the tax payment, and how much the general public participates in gambling.

Sponsored events such as Draftkings, BetMGM, Fanduel, Penn National Gaming/Barstool, Wynnbet, Bally's, Fanatical Betting and Gaming.

The proposal requires tribes and technology companies to pay $ 10 million in the first time and pay $ 1 million every five years. Gaming companies pay $ 100 million and $ 10 million for 5 years.

It also imposes 10 % of taxes after deducting bets using freebets and advertising credits, players' prize money, and federal gambling tax.

These funds will be deposited in the California State Gaming Trust Fund (COSBTF), and after deducting state regulatory costs, 85% will be used to build permanent and transitional housing, and the remaining 15% will be paid to tribes that are not involved in sports betting.

Legislation expected to legalize sports betting in Kentucky

Republican state senator Thayer said, "When lawmakers return to Frankfort in early January, a bill to legalize sports betting in Kentucky will be on the agenda."

Thayer said Republican state senator Adam Koenig plans to introduce a sports betting bill again during the 2022 session, which begins on January 4.

Still, getting the bill through the Legislature and getting Democratic Governor Andy Beshear's signature is a tall order.

"All gambling bills are hard to pass," Thayer told Vixio GamblingCompliance. I want Kentucky to bring tax revenue from Tennessee and Indiana. "I don't think the world will end if we approve sports betting," he added.

Koenig introduced bills to legalize sports betting in the past two Congresses, but neither was debated in the House floor.

Earlier this year, Koenig proposed allowing retail betting on state races and in mobile states, with sports betting regulated by the Kentucky Horse Racing Commission. The bill failed to get out of committee, and lawmakers instead prioritized a bill to legalize historic horse racing machines.

Thayer rejected an exercise lawmakers held to consider legalizing casinos and sports betting.

"It's a waste of time. They don't know how hard it was to get historic horse racing enacted."

Austrian industry group calls for online casinos to be licensed

The Austrian Stoma Gaming Association (OVWG) is "urgently" calling on the Austrian government to develop a licensing model for online casinos.

Bet-at-Home has decided to withdraw from the country's casino market following a Supreme Court ruling that upheld a legal claim for player loss reimbursement.

In Austria, the Win2day division of Casinos Austria currently has a monopoly on online casinos, which has resulted in a flood of lawsuits seeking reimbursement for online casino losses.

OVWG stated that it is not surprising that companies have not been able to comment on the withdrawal of betting home, but that companies have chosen to withdraw from the market.

"It is worrisome that Austria is one of the last EU that protects monopoly to violate the EU Law," If other businesses approved by EU member countries have decided to withdraw from the market. The players will not look at the illegal businesses in Asia and the Caribbean.

In 2019, 30 providers with the EU license paid 123 million euros as gaming levy, and other investments, including employment and support for Austrian sports clubs, said.

Lithuania Congress approves 13 % of lottery tax

The Lithuania Congress has approved the revision of lottery and gambling tax calculation procedures and abolished the current uniform tax.

The revision of lottery and gambling tax law means that lottery operators have a 13 % basic tax rate.

The new law will be enforced on July 1, 2022.

The government just supported the amendment a few days ago, and Finance Minister Ginta Skaiist commented that this amendment was necessary to achieve a wide range of ambitions to build a clearer and fair tax system.

NFL and NCPG have started a responsible gambling campaign

The National Football League (NFL) has a millio n-year campaign for several years so that sports gamblers can be responsible for expanding their partnerships with the US Gambling Additional Council (NCPG). Is expanded.

The important message of this campaign, entitled Stick to your game plan. Always Bet Responsible, uses only a budget, knows your limits, uses only a sportsbook that has been approved and regulated, and if necessary. To encourage the player to seek.

Christopher Harpin, Chief Strategy and Chief Development Officer, "NFL," NFL uses its speaking power to make a safe and responsible way to fans who choose betting. I think it is extremely important to enlighten and encourage them. " .

Harpin said that NFL, especially the legalization of sports betting, recognizes that responsible gambling programs are lacking resources.

NCPG will launch a national subsidy program to provide funds to enhance services at states and loca l-level services, including the expansion of the programs already being implemented in the statement. He said.

"This partnership can dramatically enhance the ability to provide NCPG's gambling, recognition, and support," said Keith White's Managing Director Keith White.

The three companies, Caesters Entertainment, Draft Kings, and Fan Duel, have a commercial partnership with NFL, respectively, participating in new campaigns.

NCPG estimates that 2 million US adults will meet the standard of serious gambling addiction. It is thought that 4 million to 6 million people are mild or moderate gambling addiction.

New York is recommended to expand casinos

The New York Gaming Commission (NYSGC) announced on Wednesday, a request for information provision (RFI), which asks for opinions from stakeholders and affected parties regarding the possibility of licensing up to three casinos around New York City.

In New York, three commercial licenses are still granted, based on the State Constitution, and four casinos have been approved in the 2013 state law in northern New York.

State gaming regulatory authorities are seeking information on the appropriate scale and range of casino development near New York, the value of these licenses, and the process used for licensing.

According to NYSGC, the expiration date of the stakeholders is November 10, and the RFI answers will be received by December 10.

The questions that the gaming regulation authorities are seeking are whether to award all three available licenses, and what factors limit their interest in the market.

New York regulatory authorities are also seeking information on the appropriate tax rates for table games, slot machines, and other gaming activities and the level of upfront fees.

The RFI was obliged by the April State Budget Law, and a mobile sports betting license process was founded.

MGM Resorts and Gentin have already operated VLTs at the New York City Market, and both companies are working to turn their facilities into ful l-fledged casinos. But rivals, led by Las Vegas Sands, support the competitive license process for New York City's resort.

Athletes upgrading casinos' capital regulations

Cambodia imposes the minimum capital requirements that overwhelm small businesses against existing and future lan d-based casinos, despite the tremendous grace period of 14 years.

The Cabinet Order No. 166 signed by Prime Minister Hun Sen on August 26 has the minimum capital of the integrated resort (IR) casino with 800 billion Riel ($ 197 million), and the other businesses are 400 billion Riel. When it was set, Phnom Penpo reported on Wednesday.

The existing casino must meet the capital targets in four steps before achieving a complete compliance at the end of 2034.

No n-IR casinos must report the capital of 50 billion lira for the first three years of the grace period, 100 billion lira for the next three years, 200 billion lira for four years, and finally 300 billion lira in four years. Not.

Naga World, a casino monopoly company in Phnom Penh, is one of the world's leading giants in EBITDA before the pandemic and will not be bothered by this requirement.

However, there are dozens of casinos in Sihanoukville and the number of casinos at a loose border, due to the epidemic of Coronavirus and the influence of the twins that the Chinese government is putting pressure on the people to stop gambling overseas. There is a high possibility of facing difficulties.

The proposal requires tribes and technology companies to pay $ 10 million in the first time and pay $ 1 million every five years. Gaming companies pay $ 100 million and $ 10 million for 5 years.

The bidding deadline for Entein by Draft Kings on online gambling is extended until November 16th, and it is seeking details of the transaction solution for "value creation" and the US joint venture Bet MGM.

Entertaine has announced that online gambling companies (October 18) have applied for an extension of the UK's acquisition committee (TAKEOVER PANEL) yesterday (October 18), whether to offer offers or withdraw from transactions. did.

DRAFTKINGS's $ 22. 4 billion approach is complicated by BetMGM ventures, and MGM Resorts has pointed out that any transaction is needed.

On Tuesday, Entertaine wants to be satisfied with the value creation for shareholders, such as the potential synergy effect of the acquisition, the conditions of the technical trading between the MGM and the bet MGM, the governance rights of the stock MGM after integration.

The British bookmaker said that it was also seeking a guarantee on how to realize potential transactions, such as antitrust law and regulatory approval.

The company said, "The Board of Directors demands that the basic specific matters are fully resolved for the structure and value of the proposal."

The Entee Board of Directors said that the discussion with Draft Kings was ongoing and have not yet given the proposed transactions.

Schuleswig Holstein proposes a profi t-based tax

Schuleswig Holstein's legal proposals say that the taxation of online casino games will be linked to the total game income (GGR), not the gags, such as online slots, poker, and online sports betting.

According to a bill proposed by the Ministry of Germany to the state, the GGR tax rate to 300, 000 euros per month is 34 %, the tax rate from 300, 000 euros to 750, 000 euros is 39 %, and the tax rate of 750, 000 euros or more is 44 %.

The proposed tax rate is in contrast to 5 or 3 % tax on online sports betting, online slots and poker bets.

According to the Ministry of Finance, the income earned by the taxation of the German state cannot be estimated at this time.

"We will contribute to fair taxation with this regulation," said Monica Hinort. "There is no rule in the digital space. Online casino operators must contribute to the national tax revenue, just like analog companies."

California mayor returns to online sports betting voting Initiative

The mayor of four California cities supports voting initiatives to legalize online sports betting.

Mayor Darrell Steinberg, Mayor of Fresno City, Mayor of Auckland, Libbie Suff, and Mayor Robert Garcia of Long Beach City submitted in August, a major online sports betting business. He expressed his support for the voting bill.

"In order to deal with California's homeless issues, a creative and lon g-term perspective is required. It will be a help. "

DRAFTKINGS, BETMGM, FANDUEL, PENNN NATIONAL GARSTOOL, BALLY'S, FANATICS Betting and Gaming, this voting initiative is a qualified tribe or tribal. Professional sports only for sports betting operators , College sports, electronic sports, and online gambling for other events. Other events

"If approved, this initiative will save countless California people in a crisis," Steinberg said.

This initiative is to expand the tax revenue from online sports betting, expanding permanent housing, shelters and mental health services for homeless.

In this proposal, 85 % of tax revenues will be used for homeless support and mental health services, and 15 % will be used for the tribal economic development account.

This is one of the three voting bills related to sports, in addition to retail limited bets at tribal casinos, claps, roulette, and tribal initiatives that allow sports books related to games are already on November 8, 2022. It is recruiting.

Onlineberg proposers are currently waiting for a formal summary from the Justice Office before starting collecting signatures.

As an alternative, Cardroom, which supports online and retail sports betting in California, has received such summons on Monday, and supporters are effective voters to obtain voting qualifications. It has a si x-month period to collect about 997. 139 signatures.

Connecticut State, online sports betting, and Internet gaming are fully launched

Governor Ned Ramont Connecticat has been the largest gambling and online sports betting markets since the Mojigan tribes and Mashan Tacket Pecot tribes opened the casino in the early 1990s. It was announced on October 19).

According to Ramont, online gambling starts at 6:00 am for adults over the age of 21 after a on e-week trial. Rush Street Interactive, DRAFTKINGS, and FANDUEL may launch mobile gambling in their partnerships, and both tribes may provide games on the Internet.

Connecticut Lotary Corporation is a Rush Street Interactive, Mojigan tribe is a foundation, and the Maschan Tacket Pecot is a draft kings.

"In the statement," This is an exciting time for our state and tribal partners. "Connecticut has been a leader in the gaming economy for several decades. Will continue with these new online options for all qualified residents. "

Connecticut's lottery will also operate 15 retail games in the state.

"The platform in the Connecticut) platform was completely executed during the softlone," said Robe Simmelkjaer, chairman of the Rotary Board of Directors. "The launch of a sports book retailer should also bring a convenient experience for players throughout the state and the corners should be on the right."

Judging whether the Federal Supreme Court and Texas tribes can provide gaming

The U. S. Supreme Supreme Court solves legal conflicts between Isletta del Sour Pueblo and Texas on Monday over whether or not the tribes can provide a specific form of gambling in their residence. I agreed.

Isletta del Sour, Isleta del Sour, to seek a bingin g-type game provided by the tribe at the Speaking Rock Entertainment Center near El Paso. He agreed to accept the request from Pueblo (now known as Tiguas).

Since 1993, the Tigua and the Alabama Cowamas Cowjutta, Texas have been litigation over the right to provide bing o-type games on the tribal land.

The issue is whether the Federal Act, enacted in 1987, has hindered the games of both tribes. The law recovered trust between the federal government and the two Indian tribes.

The Federal Law also included the following clause: "All gambling acts prohibited by Texas are prohibited in the reserved land and tribes.

The recovery law also guarantees Texas that there is no civil or criminal measures.

The Tigua and the Kshatta claimed that the states have no jurisdiction to regulate legal gambling and bing o-type games in the tribal land. The tribes were supported by the US Department of Justice in the preparatory documents submitted to the Supreme Court in August.

In the preparatory document, the Secretar y-General of the Judicial Ministry of Justice stated that the lower court's ruling since the early 1990s, when the tribes could not provide gambling, are incorrect and interfere with the Federal Indian Gambling Control Law (IGRA).

Texas's Lord Ken Pakston was pointed out that in a briefing to the Supreme Court on September 3, the Tiguian claimed to adopt a law member of the House of Representatives at the time to restrain the tribe into the Gaming Law in Texas. did. As a result, according to Pakston, the law has federal a state law that completely prohibits almost all gambling, centered on casinos.

Review of Star Entertainment including Hearing

New Southwells (NSW) Gambling regulatory authorities have announced that they will include public hearings in the scheduled reviews of Star Casino in the Star Entertainment Group in Sydney.

The Independent Sake Gambling Agency (ILGA) stated on Tuesday that the newly appointed appointed judge Adam Bell had advised ILGA that public interest would be a public profit.

"Mr. Bell has a public interest in the ILGA, including the maintenance and management of The Star systems to deal with money laundering and organizational crime, but not limited to this. He said, he said. "

The review report is due by June 30, 2022, with a public hearing scheduled for March.

Bell is one of the consultants who assisted Bergin in his investigation into Crown Resorts' suitability as a casino operator in Sydney.

The relentless questioning of largest shareholder James Packer and Crown's directors, coupled with the demands for a public hearing, shows Star Entertainment's increasing vulnerability.

Media reports last week allege the company enabled criminal activity and concealed an external report of non-compliance from ILGA.

UK suspends BGO Entertainment's license

The UK Gambling Commission has suspended BGO Entertainment's license for "failures to protect consumers" and conducted a review of the company's operations.

The company may have breached the Gambling Act 2005, including conduct that "may not be in accordance with the terms of the licence and may not be suitable for the licensee to carry out its licensed activities", the commission said.

British regulatory authorities are undergoing a project to review the penetration surveys, and most casinos in Maryland, Maryland, are promoting sports betting.

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Elim Poon - Journalist, Creative Writer

Last modified: 27.08.2024

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