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Compliance Updates

New York legislators meet to formulate sports betting bill

Niji Ng

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New York legislators are conducting hurried discussions for approving a   bill before the end of the ongoing session on June 20.

Several sports betting advocates met the state’s politicians. One of them, Joe Girardi, Major League Baseball lobbyist and former Yankees manager, said that he had urged legislators to “get something passed that protects the integrity of the game – this session.”

On Wednesday, legislator Gary Pretlow introduced a modified version of a previous bill  introduced by state Sen. John Bonacic, which features a controversial clause of sports betting handle for the sports leagues on whose games New Yorkers will wager.

The bill allows for “up to” 0.25 per cent of sports wagers to be paid to the leagues, provided the total sum paid to the leagues doesn’t exceed 2 per cent of an operator’s sports betting revenue. The bill also attempts to keep the leagues honest by classifying their desired “integrity” fee as a “sports wagering royalty,” effectively calling the leagues out for dressing up their shameless cash grab as a matter of principle.

Both Bonacic and Pretlow believe there’s enough support in their respective chambers to pass a betting bill by June 20, although Assembly Speaker Carl Heastie sounded a more skeptical tone on Wednesday, saying he wasn’t “a big fan of gambling” and claiming that Assembly Democrats had yet to signal a consensus opinion.

The Buffalo News quoted Bonacic saying Gov. Andrew Cuomo was the wild card. Cuomo has suggested he wants to move slowly on legal wagering to ensure the issue undergoes proper study but Bonacic noted that the state previously approved gun control legislation under even tighter time frames.

PENNSYLVANIA PUBLISHES DRAFT SPORTS BETTING REGULATIONS

Just across the state line, the Pennsylvania Gaming Control Board (PGCB) released its temporary regulations governing land-based and online sports betting. The document (viewable here) is narrow in scope, essentially governing rules that the state’s 13 casino operators will have to follow if they wish to apply for sports betting licenses.

The PGCB will continue to work on its permanent betting regs over the next few months, but there’s no timetable for completion. The PGCB is scheduled to meet next on June 27 and again on July 18.

Earlier this month, spokesman Doug Harbach said the PGCB had its hands full preparing for the launch of intrastate online gambling and sports betting was just another element of the state’s massive gambling expansion.

Harbach reiterated that stance on Wednesday, saying the PGCB was more concerned with getting it right than getting it done quickly. However, Harbach told the Bucks County Courier Times that casino operators’ license applications could be approved before the final regs are in place.

Source: CalvinAyre.com

Niji 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. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Compliance Updates

UK may implement cut of FOBT maximum stakes earlier than announced

Niji Ng

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UK may implement cut of FOBT maximum stakes earlier than announced
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The British culture minister Jeremy Wright said the government is planning to prepone the implementation of the planned reduction of the maximum stake on fixed-odds betting terminals (FOBTs). Earlier, the date of implementation was October 2019. It could be proposed by six months to April 2019.

It is a real twist in the tale, following the resignation of sports minister Tracey Crouch, who blamed the government of delaying to October the planned the reduction of maximum stake from 100 pounds to just two pounds.

The government had been staring at a possible defeat on its budget legislation in parliament, as many legislators from the governing Conservatives backed an amendment which would have forced them to bring forward the timing of the cut.

Wright said the implementation of the proposed rise in Remote Gaming Duty, paid by online gaming operators, could also be preponed to April to cover the negative impact on the public finances.

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Compliance Updates

New gambling law in Switzerland will come into effect from 2019

Niji Ng

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New gambling law in Switzerland will come into effect from 2019
Image Source: fineartamerica.com
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The newly passed gambling legislation in Switzerland, the Swiss Gaming Act, will come into force in the country on 1 January 2019. The law will regulate the licensed online gambling space and ban foreign operators altogether.

The new law legalises licensed iGaming companies.

The gaming act’s enforcement was confirmed by Switzerland’s Federal Council, which confirmed its implementation starting next January. It also explained it will consider licence applications during the first six months of 2019, in compliance with the new legislation, and the first ones are set to be issued before July 1, when the foreigner’s ban comes into effect as well.

Licensed operators can provide poker and roulette games to the customers, but need to stick with stringent constraints about the stakes.

The “concrete measures” of the new legislation were aimed to protect problem gamblers.

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Compliance Updates

Bulgaria adds more websites to iGaming blacklist

Niji Ng

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Bulgaria adds more websites to iGaming blacklist
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The State Commission on Gambling (SCG) of Bulgaria has added four more websites to its blacklist of iGaming companies that are operating without a license.

The four websites added to the blacklist as per order no. 1913 of October 28 and no. 1991 of November 9 are nissicasino.com, 1xbet72.com, pokernox.com, 1xdcxc.host.

The SCG periodically updates the list of illegal gambling sites.

The State Commission on Gambling has been established for the purpose of inspecting the compliance with the law of the activity of the gambling games organisers, the producers of gabling game equipment, the distributors and service organisations for the maintenance and repair works of such equipment performed on the territory of Bulgaria.

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