Connect with us
European Gaming Congress Milan
SIS

Compliance Updates

Florida to conduct a last-minute session to streamline gambling legislation

Niji Narayan

Published

on

Photo credits: casinowebscripts.com
Reading Time: 1 minute

As gambling legislation formulation in Florida is not making any great progress towards any agreement, the state’s legislators are planning to hold a two-day session in a last-ditch effort to reach consensus on the issue. The sessions will be held towards this month-end. It could lead to a consensus in formulating a comprehensive gambling legislation finally.

For starters, the lawmakers discussed the matters for 60 days starting from January 9. The two chambers of the state Legislature each tabled a gambling-oriented bill, but there are key differences in recommendations of both the version of the bill. The news about the new move for a two-day sessions comes in the wake of concerns that the state could lose gaming revenue if a legislation is not enacted quickly. House Speaker Richard Corcoran raised a concern that the state budget could lose hundreds of millions of revenue to state as the fee from Seminole Tribe, a gaming company which currently pays hundreds of millions to the state in exchange for exclusivity over blackjack.

A special session could be the Florida Legislature’s last chance to introduce changes to gambling laws without having to ask residents for their opinion on the matter. Florida residents will cast their vote at the November ballot on a constitutional amendment that, if approved, will limit significantly legislators’ power over gambling-related issues. Under the proposed amendment (Amendment 3) any reforms to the state’s existing gambling law should first be approved by a voters’ majority.

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.

Continue Reading
Advertisement
Comments

Asia

Japan to Launch Casino Commission in January 2020

Niji Narayan

Published

on

Japan to Launch Casino Commission in January 2020
Photo Source: forbes.com
Reading Time: 1 minute

 

The Government of Japan is planning to launch the country’s casino management commission on January 7, 2020. The casino management commission will have five members. Their appointments require a confirmation from the country’s parliament and they will serve five-year terms.

The casino management commission is to be in charge of security matters, probity and background checks. The body will oversee integrated resort (IR) operators in that country, as well as devise measures to counter gambling addiction.

Japan is to allow a maximum of three resorts in the first phase of market liberalisation. The national government has yet to announce the full version of its so-called basic policy on IRs. Several prefectural governments and ordinance-designated cities in Japan have already shown interest in hosting an IR.

Continue Reading

Compliance Updates

FAS Finds Yandex Guilty of Advertising Gambling Companies

Niji Narayan

Published

on

FAS Finds Yandex Guilty of Advertising Gambling Companies
Reading Time: 1 minute

 

Russia’s Federal Antimonopoly Service (FAS) has found Yandex guilty of advertising gambling companies. They are pushing a case which may end up in a €7k fine.

According to FAS, betting ads were showed in Yandex’s searches. That is why it ordered the company to rectify the violation. The body also submitted materials and will open an administrative case.

The FAS is having a Department for Control over Advertising and Unfair Competition to find illegal betting ads in Russia.

Continue Reading

Central Europe

Overview of Changes to the Gambling Law in Poland

Niji Narayan

Published

on

Overview of Changes to the Gambling Law in Poland
Photo Source: medicalnewstoday.com
Reading Time: 1 minute

 

Poland’s Ministry of Finance has informed about an amendment to the regulation regarding lottery devices, gaming devices and slot machines, information security.

The Minister of Finance, Investment and Development has signed an ordinance amending the ordinance on lottery devices, gaming devices and slot machines, securing information regarding the organised lottery and obtaining, calculating and paying out winnings.

Pursuant to the provisions of the Gambling Act, only the minister competent for public finances decides whether playing on a given device is a game on slot machines within the meaning of the Gambling Act.

The opinion of the testing entity is only an attachment to the application for issuing the decision. This opinion must contain information that it serves only to issue a decision by the minister competent for public finance.

Thus, the opinion of the testing entity does not state the gambling or non-gambling nature of a given game and cannot be treated as a settlement in this respect.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.