Connect with us
SOFTSWISS

Latest News

Missisippi could legalise football betting

Published

on

Photo credits: http://topbet.eu
Reading Time: 3 minutes

The betting industry is anxiously awaiting the U.S. Supreme Court ruling that is likely to come on May 14. The ruling is expected to legalise sports betting. It could pave the way for Mississippi legalising.

Allen Godfrey, executive director of the Mississippi Gaming Commission, answered to positively to a query about whether would legalise football betting or not.

Southern Gaming Summit held at the Beau Rivage Resort & Casino became a venue for an in-depth discussion on this topic. Here is a summary of the discussion which tells you what things have to fall in place before legalising football betting in the state.

It could come as early as May 14 or by June 30 at the latest, Geoff Freeman, president and CEO of the American Gaming Association, said during a speech Thursday.

When the original sports betting law was passed in 1992, attitudes were very different, he said. The sports leagues were against it, and the technology was a dial-up internet modem.

Freeman has led the fight for legalised sports betting over the past three years. Now, he said, the fans, casino industry, the sports leagues, broadcasters, law enforcement and mayors all want it.

“This is an issue where that group of stakeholders is enormous,” he said.

And the stakes are huge. AGA conservatively estimates $150 billion is wagered by Americans on sports each year, and only $4.5 billion of that wagered legally in Nevada.

“So you see the size of the market that’s out there,” he said.

The possibility is creating big excitement in Mississippi, which already has a law that will allow sports betting if it is legal in the United States. Mississippi was the third state to get casinos, behind Nevada and New Jersey, and it could become one of the first states in the country – and the only one in the region – to offer sports betting.

Legislation died in Louisiana this session, and Georgia, Florida, Alabama, Texas and Arkansas donot yet have any plans for sports betting. Just as Mississippi residents drive to Louisiana and Arkansas to play every big lottery jackpot, people from these neighbouring states are expected to come to Mississippi, Godfrey said.

But Freeman said Mississippi’s law limits the opportunity for the state. In Nevada, fans can place a bet anywhere in the state on their mobile phones once they have set up an account inside a casino. Mississippi fans will have to go into a casino to make a bet under the current law.

Bookies have thrived for decades in Biloxi and across the country, and he said, “Having mobile gaming only here inside the brick and mortar casinos will ensure the future success of the illegal market.”

But Thomas Shepherd III, a partner in the Jackson law firm Jones Walker, said legislators, many of whom are anti-gambling, could be persuaded to approve language that allows sports betting inside Mississippi casinos. “We do the possible,” he said.

“We will absolutely take advantage of the opportunity if it’s given to us,” said Todd Raziano, general manager of Hard Rock Casino Biloxi.

Parent company Twin River Worldwide Holdings doesn’t operate a sports book or racetrack like MGM Resorts International, Golden Nugget, Caesars Entertainment, Penn National Gaming, Boyd Gaming and other major operators that own casinos in the Biloxi area. Raziano said Hard Rock will use a third-party sports betting service to get into the game.

“We don’t want to be left behind,” he said.

Some at the Gaming Summit even suggested sports betting could save the Tunica market, where competition has cut revenue in half over the past several years.

It is not so much that sports betting will be a major source of revenue for Mississippi casinos. It is the energy the Super Bowl and other big games create and the new customers betting on the game will bring to the casinos, Freeman said.

These are customers not currently going to casinos to play slot machines and table games. The average fantasy sports player is 32, a college graduate and makes more than $75,000 a year, he said, which is the kind of customer all casinos would like to have. They will bring energy to the floor, which is something casino operators focus on, said Dan Real, regional president-South for Caesars Entertainment.

“When there’s a great game going on, you hear it throughout the entire building, and whether you have a bet on it or not, it makes you feel like you’re in a pretty cool place,” he said. That’s what’s missing from casinos, he said, and sports betting provides this excitement, almost every day.

 

Source: sunherald.com / Mary Perez

Advertisement

Kasynos.Online




PINUP CASINO


Prague Gaming & TECH Summit 2024

Latest News

Playson adds award-winning portfolio to iGP’s content aggregation hub

Published

on

Playson adds award-winning portfolio to iGP’s content aggregation hub
Reading Time: 2 minutes

 

Supplier to provide creative line-up of slots to the world’s leading operators

Playson, the fast-growing digital entertainment supplier, has secured a content partnership with iGaming technology provider iGP to offer its games in multiple jurisdictions under a Malta Gaming Authority (MGA) licence.

The agreement will see many of the studio’s player-favourites, including 3 Pots Riches: Hold and Win, Power Crown: Hold and Win and Coin Strike: Hold and Win, made available to iGP’s customers via the platform provider’s new centralised aggregation hub, iGaming Deck.

Creator and provider of iGaming solutions iGP was founded in 2016 and currently hosts more than 100 game providers. Its iGaming Deck provides a catalogue of more than 5,000 titles and a single API integration.

This strategic deal bolsters Playson’s top-tier position in key markets worldwide and broadens the reach of its growing portfolio, as it continues to unveil a packed roadmap for the year ahead.

Blanka Homor, Sales Director at Playson, said: “We are delighted to join forces with iGP to supply our vibrant slots to operators through its iGaming Deck.

“This partnership will invite further recognition for our portfolio, which continues to grow at a faster pace than ever. Our 2024 roadmap is jam-packed with a variety of game types and themes, which will be highly beneficial to iGP’s operator network looking to broaden their casino offering.”

Inesa Glazaite, CCO at iGP, said: “It makes sense for iGP to partner with other fast-growing iGaming companies like Playson. Our stable platform and the carefully crafted tech stack behind iGaming Deck, our cloud-based games aggregator, is the perfect home for Playson’s legendary slot games. Together, we’re set to help operators around the world reach their iGaming potential and deliver experiences their players will love. I’m looking forward to working with the Playson team and seeing the next wave of innovative games they bring to the table.”

Continue Reading

Latest News

GGPoker Launches Exclusive WSOP Circuit UK Satellites Press Release

Published

on

Reading Time: < 1 minute

GGPoker, the World’s Biggest Poker Room, is proud to launch exclusive online satellite tournaments to the upcoming WSOP Circuit UK £1,100 Main Event, which will be hosted at Nottingham’s Dusk Till Dawn Poker Club from March 15 through March 24.

The winner of the WSOP Circuit UK Main Event, which boasts a £500,000 guarantee, will claim a prestigious WSOP-C Gold Ring and the lion’s share of the massive prize pool.

Phased WSOP-C UK satellite tournaments are currently running at GGPoker, with buy-in to Centroll satellite tournaments set at £0.01, Phase 1 at £1,10, Phase 2 at £11 and the Final Phase at £110. At least five WSOP-C UK £1,100 Main Event tickets will be won in each Final Phase satellite.

Players that win £1,100 Main Event tickets will be registered into the exclusive OnLive Day 1 hosted by GGPoker on March 19, with all Day 1 survivors making it through to the live Day 2 on March 24.

“We’re delighted to partner once more with World Series of Poker and Dusk Till Dawn, with UK and Irish players promised a super event in Nottingham next month,” said Angela Martin, UK & Ireland Head of Marketing at GGPoker. “Players can win their way to the WSOP-C £1,100 Main Event for just a single penny and take aim at a guaranteed £500,000 and WSOP Gold Ring!”

New GGPoker players can also claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.

Continue Reading

Asia

PAGCOR SEEKS GCG APPROVAL TO IMPLEMENT SALARY STEP INCREMENT

Published

on

Reading Time: 2 minutes

The Philippine Amusement and Gaming Corporation said it has asked the Governance Commission for GOCCs (GCG) for approval of salary step increments based on employees’ length of service to correct distortions caused by its new Compensation and Position Classification System (CPCS).

In a letter to GCG Chairperson Atty. Marius Corpus dated February 22, 2024, PAGCOR Chairman and CEO Alejandro H. Tengco said the PAGCOR Board of Directors has approved the implementation of step increments but it needs GCG approval.

“Parallel to the thrust of the PAGCOR Board of Directors to prioritize the welfare of the employees, the PAGCOR Board approved the Implementation of Step Increment based on Length of Service, subject to GCG’s review and approval,” he said in the letter.

The PAGCOR chief said the step increment is only the first of many appeals that the agency plans to lodge with the GCG so that PAGCOR employees may enjoy competitive salaries and benefits comparable to other revenue-generating GOCCs.

PAGCOR received its Authority to Implement the CPCS on January 31 this year. However, majority of the employees were dismayed to see that their take-home pay decreased when they received their salaries on the first payday under CPCS on February 15, 2024.

The CPCS also caused distortions in pay scale since all employees were reverted to Pay Step 1 regardless of their years of service. This means that a new employee in a certain position gets the same salary as someone who has been in the same position for 15 years or more.

Chairman Tengco said the Step Increment appeal is only the first of many which the agency plans to lodge with the GCG to remedy the overall decrease in employees’ take home pay, especially for those who occupy the lowest rungs in the organization.

“We hope that the GCG will positively respond to our appeal so that all tenured PAGCOR employees will not feel shortchanged, and instead receive the compensation that they deserve under the bounds of the law,” he added.

A provision under the CPCS implementing guidelines states that “one step increment shall be granted to qualified personnel for every three years of continuous satisfactory service in the present position.”

Records show that as of December 31, 2023, a total of 7,057 PAGCOR personnel or 72.60% of the agency’s workforce have been in service for more than three years in their respective positions.

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement

GambleDex

Trending

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

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