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Compliance Updates

Sports betting gets closer to becoming legal in Louisiana

Niji Narayan

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Photo credits: http://ibexnews24.com
Reading Time: 2 minutes

In a major boost to betting companies, a Louisiana State Senate committee today agreed upon allowing sports betting at Louisiana gaming facilities provided the US Supreme Court rules to allow it across the country and voters agree.

Senator Danny Martiny remarked: “When the Supreme Court rules, I can assure you that Mississippi will be up and running in 30 to 45 days – if not sooner – and so will Arkansas.”

He said there was no verbal objection to the bill in the committee.

Senator Nobry Chabert says it could bring in big tax dollars and attract more tourism.

“This could be a huge positive impact on state fisc. on out of town revenue coming in.”

He insisted that with all of the big events that New Orleans hosts, those sports tourists would also spend money betting on games while in town.

The bill would allow sportsbook wagering in any facility that currently has video poker, para-mutual wagering, or casinos.

The Supreme Court is weighing a decision on whether or not to allow sports wagering in other states besides Nevada and New Jersey.

Martiny says he offered the legislation to try to chip away at the huge budget deficit and did not object to any of the amendments adding video poker outlets to participate.

The bill could end up in the Senate finance committee before heading to the full senate.

Meanwhile, another bill to allow online gambling in Louisiana was deferred after objections that it would kill casinos in the state.

Senator Gregory Tarver said it would hurt jobs and tax revenue if people can go to virtual casinos on their phones and computers.

“People are going to stay at home and do all the gambling, just like they do all of their shopping at home today.”

The measure could come back up after additional study on the issue.

Source: wwl.com

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Compliance Updates

PGCB Imposes Fine Totalling US$242k on Two Casino Operators

Niji Narayan

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PGCB Imposes Fine Totalling US$242k on Two Casino Operators
Photo Source: pennsylvaniacasinos.com
Reading Time: 1 minute

 

The Pennsylvania Gaming Control Board (PGCB) has imposed the fines totalling US$242k against two casino operators.

Sands Bethworks Gaming, LLC, operator of the Sands Casino Resort in Northampton County, received separate fines of US$120k for underage gaming violations and a second for US$110k regarding the awarding of free slot play. The fine stemmed from 11 incidents in which individuals under the age of 21 accessed the gaming floor.

The second fine was issued for permitting the issuance of free slot play by employees who were not authorised to do so and/or issuing free slot play of amounts above authorised levels.

Washington Trotting Association, LLC, operator of the Meadows Racetrack and Casino in Washington County, received a US$12.5k fine for an underage gaming violation. This fine stemmed from an 18-year-old male gaining access onto the gaming floor, wagering at table games and being served alcohol.

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Latvian Parliament Approves the Amendments to the National Legislation on Gambling

Niji Narayan

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Latvian Parliament Approves the Amendments to the National Legislation on Gambling
Reading Time: 1 minute

 

The Latvian parliament has passed the amendments to the national legislation on gambling. The new rules prohibit the Latvians from gambling on the websites of unlicensed international online gambling operators.

Latvian citizens who used the services of unlicensed gambling casinos will get a fine of up to € 350 per incident. Players who avoid taxes for winnings can also be fined. It is assumed that the fine will be 23% for any amount of winnings over € 3,000. There is a €20 thousand penalty for Internet providers who fail to report information about the cases of illegal online gambling.

The Latvian Inspection on lotteries and gambling has blacklisted more than 1500 gaming domains, however, according to media reports, Internet providers blocked only a third of domains form the blacklist.

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Compliance Updates

Spillemyndigheden Issues Warning on Marketing Bonus Offers

Niji Narayan

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Spillemyndigheden Issues Warning on Marketing Bonus Offers
Reading Time: 1 minute

 

The Danish Gambling Authority, Spillemyndigheden, has released a statement and issued warning to the operators.

The regulator assessed that the use of the word “free” when marketing a bonus offer is misleading if a wagering requirement is attached to the offer.

In accordance with the Consumer Ombudsman, in 2016, a statement contemplated the use of the word “free” in bonus offers. “The Consumer Ombudsman found that the chance of winning a win was impaired because consumers could not raise their winnings if they stopped the game before the wagering requirement was met, and the total sum of consumer deposits and winnings was higher than the consumer’s initially deposited amount,” said the statement.

The gambling authority said that this is similar to other concepts such as “free spins” and “free bet” if a turnover requirement is attached to the offer. “The use of these terms can create an expectation on the part of the consumer that the offer is actually free without any limitations and will therefore be contrary to the law if this is not the case,” said the watchdog.

 

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