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Compliance Updates

Florida lawmakers to meet next month to formulate gambling legislation

Niji Narayan

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Photo credits: https://calvinayre.com
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Florida legislators will meet over the next month to formulate a legislation regarding gambling industry in the state.  The state’s current gambling deal with the Seminole tribe expired last Friday.

State Representative Jared Moskowitz steered clear of any controversies, stating that talks with lawmakers have been going on for some time now and all parties involved have yet to reach an agreement. Moskowitz further added: “Before anybody gets too excited or upset on the issue of gaming, I would remind them that for the past five years we have not been able to do anything on this subject.”

Moskowitz confirmed that an exact date for the special session had not yet been reached.Democrat Moskowitz has also come under fire recently for his strong opposition against his fellow Dems in the wake of the Parkland high school shooting in Florida, describing their slow actions for stricter gun laws in the state as “procedural games.” Despite Moskowitz efforts, gambling remains a very difficult issue facing Florida lawmakers. Florida’s House of Representatives has shown little support for gambling expansion in the past, despite overwhelming public support. The Senate, however, wishes to push forward broader gambling measures that would allow for daily fantasy sports operations, as well as slots, and greyhound and horseracing.

State Representative Joe Geller, a Dem whose district includes Broward county, and the top Democrat for the Tourism & Gaming Control Subcommittee stated, “It’s obviously a matter of serious concern to our community. I don’t know exactly what the upshot of these recent talks are going to be. We tried to get someplace during the session…. We thought we might be making some progress and it was very abruptly shut down. I think if there’s a good solution that can be found it would be great. I’m not sure how close we are to having one.”

When asked for comment, State Senator Bill Galvano confirmed that though there have been discussions regarding the future of gambling in Florida with the Seminole Tribe, no solid ground has been reached. The ineptitude of republican leaders has political analysts less than optimistic about seeing benefits from coming talks. Florida lawmakers fear that if actions are not taken soon, the Seminoles will discontinue their annual payment of $300 million to the state in order to retain exclusive rights to their casino-based table and slots games on Seminole land within the Miami-Dade and Broward areas. The Seminole tribe of Florida started setting up bingo halls and casinos on their lands ever since tribal sovereignty was established, making them immune to the gambling laws set by the U.S. Federal Government.

The future of gambling legislation is not just a hot issue in Florida, but has recently made headlines countrywide with the focus on sports betting and New Jersey. A decision on whether or not to allow sports betting in the Garden State was delayed earlier this week with the next possible date for action pushed to April 17. New Jersey leaders have been demanding the legalisation of sports betting for the state due to the benefits of increased revenue, but the U.S. Supreme Court recently challenged the state’s demands to change the law that currently limits sports betting to just four states in the U.S.

Source: usaonlinecasino.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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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
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The Latvian parliament has approved the amendments to the national legislation on gambling. The new rules prohibit the Latvians from gambling on the websites of international online gambling operators who operate without a license in Latvia.

Latvian citizens who used the services of unlicensed gambling casinos will face 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.

 

To stay up to date with the latest changes in the Baltic region make sure you register here for the second edition of the Mare Balticum Gaming Summit. The conference will take place on the 9th of May at Radisson Blu Royal Astorija Hotel in Vilnius (Lithuania).

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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
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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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Compliance Updates

FDJ Sets New Plans for CSR Efforts

Niji Narayan

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FDJ Sets New Plans for CSR Efforts
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Française des Jeux (FDJ), the French gaming operator, has set out new plans for corporate social responsibility (CSR) efforts to clamp down on issues such as problem gambling, underage players and fraud.

This year onwards, the operator will commit 10% of its annual television advertising budget to responsible gambling.

Last year, FDJ has trained more than 13,000 members of staff on how they can prevent underage gambling. This year also, FDJ will continue its retail training initiative.

This year, FDJ will develop and launch a new money laundering risk assessment tool that will be applied to all of its retail and digital bets.

The operator will also implement an action plan with the aim of becoming a carbon neutral business in 2019 and reducing its carbon emissions by 20% by 2025.

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