iGaming Business North America

iGaming Business North America started in May 2012, focusing on the developments in regulations across the United States. It has included discussions with leaders and lawmakers from states like Nevada, Delaware, and New Jersey, which were the first to establish rules for online gambling within their borders.

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Government survey reveals 60% of Brazilians support land-based gambling

1 day ago | igamingbusiness.com | Kyle Goldsmith

A new survey from DataSenado has revealed 60% of the Brazilian adult population are in favour of legalising land-based gambling. On Tuesday (22 April), the DataSenado Research Institute released the findings of a national survey, which sought to establish how much public support there was for land-based gambling in the country. DataSenado is a research institute linked to the Transparency Secretariat of the Federal Senate.
Las Vegas Sands abandons bid for New York casino

1 day ago | igamingbusiness.com | Jess Marquez

The company said that while it “strongly believes” in the potential for a casino at the Nassau Coliseum on Long Island, the threat of online gaming cannibalisation was too much to bear. Executives had warned that igaming legalisation could derail its bid in each of the company’s two previous earnings calls. “Sands has decided not to bid for a casino licence in New York,” the company confirmed in a statement.
Bally's files prospectus for new Chicago IPO program geared towards city, state residents

2 days ago | igamingbusiness.com | Jess Marquez

After a first attempt to offer ownership shares in its Chicago casino to women and minorities fell through earlier this year, Bally's Corp. today (23 April) announced a new plan, one geared toward Chicago and Illinois residents. In a new prospectus filed to the US Securities and Exchange Commission yesterday, Bally’s laid out the details for an initial public offering (IPO) for its Bally’s Chicago subsidiary.
Brazil police chief tells betting CPI influencers are luring gamblers to black market

2 days ago | igamingbusiness.com | Kyle Goldsmith

The police chief of the Alagoas state has warned the Parliamentary Inquiry Commission (CPI) on betting social media influencers are misleading and scamming gamblers. On Tuesday (22 April), Lucimério Barros Campos appeared in front of the Brazil betting CPI, after having led an investigation called “Operation Game Over”. This sought to uncover malicious activity from online influencers in regards to illegal betting.
Videoslots ordered to pay £942,670 in Sweden

3 days ago | igamingbusiness.com | Kyle Goldsmith

Spelinspektionen has ordered Videoslots to pay a sanction fee of SEK12 million (£942,670/€1.1 million/$1.3 million) for failing to counteract excessive gambling by 12 customers. Spelinspektionen has also issued a warning to Videoslots after deeming the company to have breached the duty of care rules outlined in Chapter 14, Section 1 of Sweden’s Gambling Act.
Nevada governor taps industry veteran Dreitzer as next gaming board chairman

3 days ago | igamingbusiness.com | Jess Marquez

Nevada Governor Joe Lombardo Monday (21 April) announced the appointment of Mike Dreitzer as the next chairman of the Nevada Gaming Control Board (NGCB). Current Chairman Kirk Hendrick, appointed to a four-year term in 2023, announced in January his intention to resign. Hendrick said at the time he would stay through the end of Nevada’s legislative session, which ends 2 June. His last day, per the governor’s office, will be 22 June.
Waterhouse VC: The difference between average punters and sports betting experts

3 days ago | igamingbusiness.com | Kyle Goldsmith

Tom Waterhouse of Waterhouse VC examines how data and all-encompassing models can lead to consistent profits for professional sports bettors. What separates extraordinary sports betting experts from the average punter? In our exclusive webinar, we gained unprecedented access to the strategic thinking of Tom Dry, one of the world’s elite tennis bettors.
MGM Resorts agrees to $8.5 million anti-money laundering fine from Nevada regulators

1 week ago | igamingbusiness.com | Jess Marquez

MGM Resorts has agreed to pay $8.5 million (£6.4 million/€7.5 million) to Nevada regulators over a host of anti-money laundering (AML) violations tied to two illegal bookmakers. Yesterday (17 April), the Nevada Gaming Control Board (NGCB) filed a 10-count complaint against MGM Resorts International and a stipulated settlement for the fine. The anti-money laundering (AML) violations occurred at two of MGM’s Las Vegas Strip casinos, the MGM Grand and the Cosmopolitan.
State of the Union: NY bill proposes dramatic sports betting limits; ECGC review, more

1 week ago | igamingbusiness.com | Matt Rybaltowski

A New York assemblyman introduced proposed legislation this week with sweeping restrictions that seek to curtail excessive wagering behaviour. from Assemblyman Robert Carroll will establish a wagering ceiling of $5,000 (£3,760/€4,389) per day on New York sports betting accounts. It would also limit the number of account deposits a customer can make over a 24-hour period.
New Jersey igaming revenue reaches record $243.9 million in March

1 week ago | igamingbusiness.com | Robert Fletcher

Igaming revenue in New Jersey hit a record $243.9 million (£184.2 million/€214.5 million) in March, though the Garen State reported declines across both sports betting and land-based casinos. Total gambling revenue topped $546.1 million, data released 16 April from the New Jersey Division of Gaming Enforcement (NJDGE) shows. This beats March last year by 3.7% and is also 12.6% clear of February this year.