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Maryland online casino bill causes heated debate during hearing

2 months ago | slotsup.com | Charles Perrin

Maryland’s prospective online casino bill appears to be splitting opinion. A 3-hour hearing was held earlier this week where there was a chance to listen to both sides of the debate, and cannibalization was pinpointed as the major concern. Sen. Ron Watson, who is co-sponsoring the bill with Del. Vanessa Atterbeary, labeled cannibalization as a “fallacy” even though in some states iCasino revenues have surpassed their land-based counterparts.
Entain audit puts KPMG under investigation

Jan 21, 2025 | slotsup.com | Erik Gibbs

The UK’s Financial Reporting Council (FRC) has launched an investigation into KPMG’s audit of Entain’s financial statements for the year ending December 2022. This probe, managed by the FRC’s enforcement division under the Audit Enforcement Procedure, aims to assess the quality and compliance of KPMG’s work with professional standards. Entain, a prominent gambling company known for its Ladbrokes and Coral brands, has faced its share of scrutiny, adding weight to the investigation.
KSA issues new Dutch gaming rules

Jan 6, 2025 | slotsup.com | Erik Gibbs

The Dutch Gaming Authority, Kansspelautoriteit (KSA), has announced updates to its fine policy, which will take effect on January 1, 2025. This revised framework aims to offer more clarity and transparency for gambling operators and other entities under the authority’s supervision. The policy, published in the Government Gazette, applies to violations outlined in the Netherlands’ Remote Gambling Act and the Money Laundering and Terrorist Financing (Prevention) Act (Wwft).
California cardroom battle heats up

Jan 6, 2025 | slotsup.com | Erik Gibbs

A group of tribes in California has taken legal action against dozens of cardrooms in the state. They are accusing them of operating in violation of the California Constitution. The lawsuit, filed under the recently enacted Tribal Nations Access to Justice Act, represents a significant move to assert tribal rights over gambling operations.
Sweepstakes casinos banned in North Carolina

Jan 2, 2025 | slotsup.com | Erik Gibbs

The North Carolina Court of Appeals has ruled against No Limit Games, a sweepstakes operator challenging restrictions on its machines in Robeson County. In a 2-1 decision, the court determined that the company’s video sweepstakes games violate state law, reversing an earlier ruling that had temporarily blocked enforcement of the ban. The case stems from a legal dispute between No Limit Games and both local and state authorities.
NGC authorizes slot development changes

Dec 27, 2024 | slotsup.com | Erik Gibbs

Nevada’s gaming regulators are making it easier for slot machine manufacturers to propose new games even if they haven’t secured intellectual property (IP) rights. Starting in 2025, manufacturers can present ideas to the Nevada Gaming Control Board while still exploring the possibility of obtaining IP rights. The updated regulation, approved by the Nevada Gaming Commission on December 19, is expected to spur creativity in slot machine themes.
WHO wants greater responsible gambling controls

Dec 4, 2024 | slotsup.com | Erik Gibbs

The World Health Organization (WHO) has expressed deep concerns over the global handling of gambling-related harms, describing current responsible gambling measures as largely ineffective. According to the WHO, the rapid growth of the gambling industry is creating significant public health challenges, which require urgent and coordinated international action.
NY Gov. fuels anger after blocking casino licenses timeline bill

Nov 26, 2024 | slotsup.com | Charles Perrin

New York’s governor Kathy Hochul has nixed a bill that would have expedited the timeline for the awarding of downstate casino licenses, prompting angry responses. Hochul vetoed bill S9673A a week after receiving it which has ruffled the feathers of industry stakeholders. Currently, there are 11 proposed projects in and around New York City that are jostling for one of the 3 coveted licenses up for grabs. The original deadline for applications to be submitted was set for 31 August 2024.
North Carolina university to tackle responsible gambling

Nov 26, 2024 | slotsup.com | Erik Gibbs

East Carolina University (ECU) is taking a significant step in addressing gambling addiction through its Gambling Research Policy Initiative (GRPI). Partnering with the North Carolina Department of Health and Human Services, the program is focused on expanding research into the severe effects of gambling addiction, an issue that impacts an estimated 2.5 million adults across the US each year, according to the National Council on Problem Gambling. Dr. Michelle L.
Wyoming ready online casino bill following positive study data

Nov 25, 2024 | slotsup.com | Charles Perrin

The specter of a fresh online casino bill being submitted in Wyoming is reportedly gathering momentum. Wyoming Rep. Robert Davis insists he is ready to file for online casino legislation following the results of a positive study carried out by Spectrum Gaming. The study made some financial projections where online casino revenues would grow from $98 million to $138 million in year 1, then $162 million to $199 million by year 5.