#Treasury

Nevada Current

Gaming Control Board joins probe of money laundering in Nevada casinos

The Nevada Gaming Control Board, which has remained awkwardly silent on the investigation of Las Vegas casinos and the prosecution of casino executive Scott Sibella by federal officials out of California, has joined the ongoing probe, according to two sources who say they've received calls from investigators. The federal investigation, first…

Incidents ・ 4 days

The Dallas Morning News

Adelsons back pro-gambling coalition in push for Texas casinos

The Adelson family of Las Vegas purchased the Dallas Mavericks with the hopes of expanding their gambling empire beyond Nevada to the Lone Star State. Now their company, casino operator Las Vegas Sands Corp., is backing a petition to legalize gambling by the Texas Destination Resort Alliance. The Texas Destination Resort Alliances was established…

Law ・ 21 days

focusgn.com

Strategic Tax Planning for Crypto Gamblers

Not even experienced accounting veterans can tell for sure what the tax implications of cryptocurrency gambling in the U.S. are. They present a complex yet critical challenge, especially with new and evolving Treasury Department regulations, such as Form 1099-DA, designed to aid crypto owners and traders in understanding their tax liabilities. This…

Law ・ 07 March 2024

MITechNews

Jokaroom VIP Casino Online: A High-Stakes Haven of Excitement

Welcome to the exhilarating world of Jokaroom VIP Casino, where every spin, every deal, and every play is steeped in luxury and the promise of thrilling adventures. In this detailed review, we'll take you on a journey through the opulent halls of Jokaviproom VIP, a place where fortunes are made and dreams can come true. Let's dive into the heart of…

Bonuses ・ 07 March 2024

Wild Casino

$5,000 Welcome Bonus

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themanchestermirror.com

Michigan bet big on online gambling. We’re now No. 1

by Mike Wilkinson (Bridge Michigan) Michigan is the No. 1 state for online gambling after an explosive 22% jump last year, according to data compiled by the American Gaming Association and released this week. Bettors wagered a combined $1.92 billion through online gaming in Michigan last year - about $115000 more than in No. 2 New Jersey, the…

Finance ・ 26 February 2024

theregister.com

North Korea turns to designing gambling websites for cash

North Korea's latest money-making venture is the production and sale of gambling websites that come pre-infected with malware, according to South Korea's National Intelligence Service (NIS). The Service on Wednesday identified South Korean cyber crime organizations as buyers of the sites. Reports allege that the North Korean faction responsible for…

Gambling Sites ・ 19 February 2024

Decrypt

Bitcoin, Ethereum Casino Shuffle Reveals SHFL Airdrop Plans

In a whitepaper update released Thursday, online crypto casino Shuffle outlined the project's tokenomics and plans to distribute the Ethereum -based SHFL tokens in a series of airdrops beginning the first week of March. The first airdrop, Shuffle said, will go to users who have played in the online casino in the first 12 months since its launch.…

Crypto ・ 16 February 2024

Morning Star

Should You Bet on Online Gambling Stocks Now?

Ivanna Hampton: Here's what's ahead on this week's Investing Insights. An off-the-field sports rivalry is brewing ahead of game day. What FanDuel's parent's latest play means for the online gambling industry. Plus, Meta unveils its first dividend. Find out if the tech company's stock falls into the cheap or expensive category. And, want to stop…

Finance ・ 09 February 2024

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New Year Brings Dramatic Shift in Online Gambling Regulations in Italy

Reorganisation Decree designed to improve protection for players, paying particular attention to minors who could easily fall victim to gambling addiction. The New Year is set to bring dramatic changes to Italian gambling laws. The country's government approved a new mandate on Jan. 2 which will transform regulations on online gambling. Known as…

Law ・ 09 January 2024

Yogonet

Uruguay: Chamber of Deputies postpones debate on online gambling bill until March 2024

Aside from the bill presented by the senator of the Uruguayan National Party Sergio Botana to regulate the activity of slot machines, Uruguay does not have any law regulating online gambling,despite the overall consensus of its necessity. Since August 2022, the Finance Committee of Deputies has been studying a bill approved by the Senate which…

Law ・ 29 December 2023

The Buffalo News

Top 4 Michigan Online Casinos

Michigan is among a small handful of states with online casino gambling. Fifteen online casinos now operate in the Wolverine State after it legalized the practice in 2021. If you are not in NJ, PA, MI or WV, you still have the option of playing at sweepstakes or social casino sites. These sites offer similar games, allowing you to win cash prizes.…

Payment Methods ・ 26 December 2023

The Southern Maryland Chronicle

Regulating Casino Bonuses: A Path to Safer Gambling Practices

It's all about bonuses - competition requires casinos to find new ways to attract users. Both parties benefit from it, so it's a good thing. Prizes take different forms - no deposit ones, free spins, percentage to deposit, loyalty programs, etc. However, today, we will also focus on how various regulators control them. Knowing this before…

Law ・ 20 December 2023

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iNtergame

New research links cryptocurrency with gambling harms

The findings were analysed from a YouGov survey of over 4200 UK adults commissioned by charity GamCare. The study said that 11 per cent of the general population were likely to own cryptocurrency but the figure rose to 51 per cent for those gambling at harmful levels. The study also revealed that investors of cryptocurrency are more likely to…

Gambling Addiction ・ 14 December 2023

London Loves Business

Latest updates From UK Gambling Commission regarding cryptocurrencies

Cryptocurrency use in the UK remains a subject of much debate. However, three million or so Brits frequently use digital money and are constantly looking for new ways in which they can utilise their crypto assets. The first issue to note here is the Gambling Commission hasn't changed its stance on cryptos as a payment method for gambling sites.…

Crypto ・ 27 November 2023

bsc.news

Goldbet888: Enjoy The Best Of Live Casino

Integrating a play-to-earn model, Galaxy Fox continues to gain attention for its innovative approach to gaming and finance. The crypto world is excited with anticipation for the next Bitcoin halving, a major event that cuts the supply of Bitcoin in half every four years. Former Binance CEO Changpeng Zhao (CZ) has added to the excitement with a…

Crypto ・ 24 November 2023

M Live

A Comprehensive Guide to Gambling Taxes in Michigan

When you ask somebody about hubs of casino gambling in the United States, it's likely that Las Vegas, Nevada or Atlantic City, New Jersey, will be the most common answer. After all, those locations have been staples of American gambling and sports betting In recent years, however, gambling legalization has begun sweeping the nation, with more and…

Law ・ 13 November 2023

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How Are Casino Winnings Taxed in Different Countries?

Picture this: You're sitting at a blackjack table, feeling the rush of adrenaline as you play your cards just right. Suddenly, luck is on your side, and you hit the jackpot. The chips are stacked high, and your pockets are bulging with winnings. But wait - before you start counting your newfound fortune, let's talk about the often-overlooked aspect…

Law ・ 13 November 2023

The Nevada Independent

The lottery is popular, but it’s still a bad idea

State-run and multistate lotteries have never been a good idea, even if the long lines in Primm last week demonstrate their popularity. For many lawmakers, it's tempting to wonder just how much revenue Nevada is missing out on by prohibiting state-run lotteries - which is a part of the reason the Legislature recently moved forward on repealing the…

Finance ・ 15 October 2023

Yogonet

Mexico: Gambling industry unions meet with legislators to warn about risks of decree banning slot machines

After the announcement made by the Secretariat of the Interior (Segob) regarding the preparation of a decree signed by President Andrés Manuel López Obrador, which seeks to limit the activity of the gaming industry in Mexico, several stakeholders of the sector began to raise their voices, warning about the negative effects of the measure. Different…

Industry ・ 09 October 2023

forkast.news

UK lawmakers propose cryptocurrency regulation as gambling

A group of U.K. lawmakers proposed that cryptocurrencies such as Bitcoin and Ether should be subject to gambling regulations due to the significant financial risks they present to consumers, in a report released on Wednesday. According to the parliamentary treasury committee report, Bitcoin and Ether comprise two-thirds of all cryptocurrencies.…

Law ・ 26 September 2023

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EGT Digital Will Shine with its Latest Products at SBC Summit Barcelona 2023

EGT Digital is all set to participate in SBC Summit Barcelona 2023, where the iGaming provider will demonstrate the latest novelties in its portfolio. Guests can see them at stand CG20 on 20 and 21 September. Along with the well-known instant games the company will showcase its jackpot bestsellers Bell Link, Clover Chance, High Cash and Single…

Industry ・ 20 September 2023

SW Londoner

The UK embracing cryptocurrencies and the impact on online gambling

Just last month, Britain's Financial Services Minister Andrew Griffith rejected calls to regulate crypto assets as gambling. The minister stated that such a move would put the country at odds with global and European Union regulators. The Parliament's Treasury Select Committee's report, released in May, suggested regulating certain cryptocurrencies…

Crypto ・ 20 September 2023

lawyersweekly.com.au

Navigating the World of Crypto Gambling Regulation in Australia

Navigating Crypto Gambling Regulation in Australia: Balancing Legal Compliance with the Excitement of Online Wagering and Digital Coins. Picture this: the world is buzzing with excitement over cryptocurrencies, those digital coins like Bitcoin and Ethereum that everyone's talking about. At the same time, online gambling is on the rise, giving…

Crypto ・ 16 September 2023

Card Player

New Jersey No Longer Cashing In Playboy Casino Chips

Gamblers looking to cash in a casino chip from the former Playboy Casino are now officially out of luck. The New Jersey Casino Control Commission has closed an $875000 account meant to cash in chips from the former Atlantic City casino. The move brings an end to a unique situation that began with the property's opening in the early 1980s - almost.…

Finance ・ 16 September 2023

Salon Privé

Development of Playing Machines to the Present Day

Find out what casino slot machines used to be, where they first appeared and how they worked. Evolution of them to our days. Many users are used to the fact and take for granted that they can easily open the best Canadian online casino and play slots. However, have you ever taken a moment to delve into the intriguing journey that these forms of…

Gambling Sites ・ 15 September 2023

Yogonet

Mexico's Secretariat of the Interior presents bill to ban slot machines

Mexico's Secretariat of the Interior (Segob) published on Thursday, September 7, a draft decree in the National Commission for Regulatory Improvement (Conamer) that aims at prohibiting bets or draws in electronic machines such as slot machines, bingo or card simulators, among others. "The project eliminates Title Four, Chapter VII Of the Drawings…

Law ・ 15 September 2023

The Press Of Atlantic City

Casino commission approves closing of Playboy chip fund

ATLANTIC CITY - The Casino Control Commission on Wednesday approved the closing of an $875000 account dedicated to the cashing in of chips from the former Playboy Hotel and Casino. In July, the state Division of Gaming Enforcement ruled the account should be closed. In order for the closure to go into effect, the commission had to approve the…

Finance ・ 14 September 2023

The Press Of Atlantic City

Casino Control Commission to discuss Playboy chip fund

ATLANTIC CITY - The state Casino Control Commission is expected to discuss what to do with $875000 from a closed account dedicated to the cashing in of chips from the former Playboy Hotel and Casino during its meeting Wednesday. The commission is scheduled to meet at 10:30 a.m. at its headquarters on Tennessee Avenue. It's unclear where the money…

Finance ・ 13 September 2023

The Joplin Globe

The Star Entertainment Group and Konami Gaming Strengthen SYNKROS Casino Systems Partnership for Technological Advancement

LAS VEGAS--(BUSINESS WIRE)--Sep 12, 2023-- The Star Entertainment Group (ASX: SGR), the premier casino operator of The Star Sydney, The Star Gold Coast and The Star Brisbane in Australia, and Konami Gaming, Inc., a leading provider of casino gaming and systems technology, have announced the extension and expansion of their long-standing casino…

Industry ・ 13 September 2023

Stuff

Online experts say National's casino crackdown won't work

The much-anticipated tax plan, released on Wednesday, is the centrepiece of the party's election policies which finance spokesperson Nicola Willis says will fund tax relief without worsening high inflation rates. But Labour claims the figures don't stack up, the tax take is $130 million overestimated, and that National would not be able to set up a…

Law ・ 01 September 2023

The London Economic

How online slots are impacting the local economy

Thousands of players every month log into their casino account to play poker, blackjack, online slots, and other games, putting money into the games and winning it back again and again. The UK Gambling Commission (UKGA) is the regulatory body in charge of licensing online casinos; and through them the legal and legitimate casinos generated more…

Law ・ 31 August 2023

Business Cloud

Regulatory updates: How governments address the growing crypto gambling market

Crypto-based online gambling is only going to keep growing and governments are going to have to work with the casinos and sportsbooks Online gambling has changed hugely over the past decade. From the introduction of sweepstake casinos to cryptocurrency deposits, there are many new ways to gamble online and governments around the world are having to…

Crypto ・ 30 August 2023

NL Times

Legalizing online gambling doubled Dutch State's gambling income to nearly €1 billion

The legalization of online gambling was very profitable for the treasury last year. Partly thanks to this measure, the income from gambling taxes more than doubled to almost 1 billion euros, Statistics Netherlands (CBS) wrote in a new report on government finances. Since the autumn of 2021, Netherlands residents have been allowed to gamble on…

Law ・ 28 August 2023

Lexology

The Treasury Rejects Calls to Regulate Crypto as Gambling

Niall Hearty of Rahman Ravelli details the Treasury's dismissal of the idea that trading in certain cryptoassets could be regulated as gambling. The Treasury has stated that it will not be adopting proposals by an all-party parliamentary committee for consumer trading in unbacked crypto such as Bitcoin and Ether to be regulated as gambling. Three…

Crypto ・ 02 August 2023

POPTOPIC

Discover France's Casino Legacy: From Napoleon to Online Casinos

France has a rich casino and gambling history and is home to some of the most luxurious casinos in the world. In 1539, King Francis I introduced a lottery called "blanque" to boost the Treasury. Furthermore, Blaise Pascal, a Frenchman, developed an early form of roulette in the 17th century, which became a popular casino game worldwide. Today,…

Law ・ 02 August 2023

Crypto News

UK Strongly “Disagrees” Recommendation to Regulate Crypto as Gambling

The United Kingdom's economic and finance ministry - HM Treasury - has strongly denied proposals by the House of Commons' Treasury Committee to regulate cryptocurrencies like gambling. The UK Treasury Committee had called for unbacked cryptocurrencies to be regulated like gambling in May. A panel of lawmakers noted at the time that speculation in…

Law ・ 21 July 2023

Bitcoinist

Britain Rejects Proposal To Regulate Crypto As Gambling

The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate crypto retail trading similarly to gambling. In a committee report released on May 17, British lawmakers recommended regulating the UK crypto market akin to gambling. The Treasury Committee asserted that crypto investment activity aligns with the…

Crypto ・ 21 July 2023

blockworks.co

UK folds on plan to regulate crypto like gambling

The British government has rejected a proposal to regulate crypto trading and investing as if it were gambling. Economic Secretary to the HM Treasury Andrew Griffith has "firmly" disagreed with the UK Parliament's Treasury Committee's idea to police "retail trading and investment activity in unbacked cryptoassets as gambling rather than as a…

Crypto ・ 21 July 2023

Harrow Online

Brent gambling sites are ‘fuelling addiction' say locals

A North London street with six gambling venues including two casinos within the space of 600 metres is "fuelling addiction" and taking vulnerable residents' last few pounds, according to locals. Protests have already taken place to fight against plans to open another high street casino in Harlesden, Brent, over fears vulnerable people are being…

Gambling Addiction ・ 21 July 2023

Reuters

Britain rejects call to regulate crypto as gambling

LONDON, July 20 (Reuters) - Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain's Financial Services Minister Andrew Griffith said on Thursday. Parliament's Treasury Select Committee said in a report in May that bitcoin, ether and other…

Crypto ・ 20 July 2023

Finextra

UK Treasury rebuffs calls for crypto to be regulated as gambling

Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy. News and resources on digital currencies, crypto assets and crypto exchanges worldwide. For Finextra's free daily newsletter, breaking news and flashes…

Crypto ・ 20 July 2023

Esports Betting

Cryptocurrency as a Financial Service or Gambling Activity?

In the UK, a House of Commons Treasury Committee is opposing government plans to regulate crypto-like financial services. The committee says crypto should be regulated like gambling so that consumers aren't lulled into a perception that crypto is safe. The committee's views, so far, are just opinions and the UK Treasury seems set on regulating the…

Crypto ・ 23 May 2023

niesr.ac.uk

The Government's Gambling White Paper and the 'problem of problem-gambling'

Why has NIESR been carrying out research on gambling? Gambling has entered the frame as the next potentially harmful commodity in need of further regulation. It is increasingly becoming a social issue with nearly half a million people estimated to be experiencing'problem gambling'. Problem gambling is defined as'as gambling to a degree which…

Gambling Addiction ・ 23 May 2023

Cointelegraph

Crypto retail trading should be regulated as gambling

The trading of so-called "unbacked cryptoassets" such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report. The United Kingdom is currently working on a crypto regulatory framework that would mix existing financial asset laws with new crypto-specific…

Law ・ 20 May 2023

Crypto News

Influential UK MPs Push for Crypto Trading to be Classified as Gambling

The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service. On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble gambling more than financial services,…

Crypto ・ 20 May 2023

Enfield Independent

Betting firms await major industry shakeup which will set stake limits for online gambling

A long-awaited shakeup of gambling industry regulations aimed at protecting punters from problem gambling is set to be published. The White Paper, first promised in December 2020, will be the biggest overhaul of the rules governing the sector since the Gambling Act in 2005 and will be published on Thursday. Key measures will include updated…

Law ・ 27 April 2023

Viva Glam

The 10 Best Gambling Destinations in Australia

Gambling is a popular pastime in Australia, with millions of Australians enjoying the thrill of betting on their favorite sports or playing pokies and other casino games. But if you're looking for something a little more exciting than your local pub or club, why not try one of these ten best gambling destinations in Australia? The crown jewel of…

Top and Best ・ 16 March 2023

Times Of Malta

What is a Malta Gaming Authority licence and which casinos can be licensed?

The fans of gambling are interested in choosing reliable institutions to play at. Those that use original software, conduct games honestly with good returns, pay out winnings without a hitch, protect players' data, and offer favourable conditions for customers can be found at Australian online casino list and are most popular among gamblers. Such…

Malta ・ 15 March 2023

KOLO

Rep. Titus seeks threshold hike for slot winnings tax

LAS VEGAS (AP) - A Nevada lawmaker is planning another attempt to raise the reporting threshold for slot machine winnings. Rep. Dina Titus told the Las Vegas Review-Journal that the landscape has changed dramatically since 1977 when Nevada was the only state offering legal casino gambling. Since then, whenever a slot player wins a jackpot of more…

Law ・ 06 March 2023

AP News

Nevada lawmaker seeking tax hike for slot machine winnings

LAS VEGAS (AP) - A Nevada lawmaker is planning another attempt to raise the reporting threshold for slot machine winnings. Rep. Dina Titus to the Las Vegas Review-Journal that the landscape has changed dramatically since 1977 when Nevada was the only state offering legal casino gambling. Since then, whenever a slot player wins a jackpot of more…

Law ・ 06 March 2023

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Review Journal

Dina Titus optimistic slot machine jackpot tax threshold bill will succeed

Rep. Dina Titus, D-Nev., plans to take another swing at an archaic tax formula involving slot machine winnings by raising the reporting threshold. Whenever a slot player wins a jackpot of more than $1200, the operator - a casino, tavern, restaurant or convenience store, or even airport personnel - are required to prepare a W-2G form that reports…

Law ・ 06 March 2023

Review Journal

Nevada lawmaker optimistic slot machine tax threshold bill will succeed

Rep. Dina Titus, D-Nev., plans to take another swing at an archaic tax formula involving slot machine winnings by raising the reporting threshold. Whenever a slot player wins a jackpot of more than $1200, the operator - a casino, tavern, restaurant or convenience store, or even airport personnel - are required to prepare a W-2G form that reports…

Law ・ 05 March 2023

Royals Blue

Latest Michigan Online Casino News

Michigan online casino news providers are abuzz with the newly approved operators. With this advancement, Michigan residents and visitors are now able to locate and explore safe, licensed online casinos and sports betting platforms - a dream come true for casino enthusiasts seeking to engage in gaming without leaving their homes. Making full use of…

Bonuses ・ 21 February 2023

Asgam

Star warns of major hurdles to earnings at The Star Sydney on increased casino duty rates, regulatory challenges

Australia's Star Entertainment Group has warned that the future earnings capacity of The Star Sydney could be seriously harmed should the NSW state government proceed with plans to substantially increase casino duty rates starting in FY24. In an earnings and outlook update filed with the Australian Securities Exchange on Monday, Star explained that…

Industry ・ 13 February 2023

Daily Mail Online

DOMINIC LAWSON: The cost-of-living crisis is driving gambling addicts to risk even more

Terror comes in many forms. But in peacetime, at least, there are few things more frightening than not being able to pay your debts. A week ago, the Mail's front page highlighted'families' growing mountain of debt'. Based on figures from the accountants PwC, this showed that the total amount of unsecured debt in the UK (in other words, not…

Gambling Addiction ・ 09 January 2023

Malta Today

UKGC teams up with the UK government to reduce access to unlicensed casinos

Even if it may seem that casino games and activities have just recently become popular, once the internet took over, that's not the case. Casinos have been around for centuries, and casino games have been around for even longer. Some researchers even believe card games emerged in eastern Asia, where China is today, as far back as the 11th or 12th…

Law ・ 06 January 2023

World Casino News

New South Wales to increase casino tax rates

The New South Wales Government has announced the reformation of casino tax arrangements to help fund vital state services. The Government has proposed increased tax rates on casino earnings from gaming tables and poker machines. The increased rates are anticipated to become effective as of 1 July 2023 to generate an additional $364 million in tax…

Finance ・ 21 December 2022

Business Upturn

What have the UK Government said about the upcoming gambling reform?

The UK gambling reform has been long-awaited. After several years of delays, discussions and protests, the government White Paper on gambling reform is slated to finally be published in the next few weeks. What's Happening at the Moment? On 7th December 2022 Gambling Minister Paul Scully spoke at the annual Gamble Aware conference. Scully is the…

Law ・ 17 December 2022

European Gaming

Sweden Proposes Expanded Data Access Rights to Combat Problem Gambling

The Swedish government has put forward proposals to make more consumer data available to licensed operators to help prevent gambling-related harm. The idea is to allow operators to review and analyse self-reported information about players' gambling habits to combat problem gambling. Announced by the Swedish minister of financial markets, Niklas…

Gambling Addiction ・ 15 December 2022

iGaming Business

Gambling affordability checks contributed to 2021-22 revenue drop

The report analyses the BGC's contribution to the British economy, looking at gambling data covering the period between July 2021 and June 2022. It found that although online gaming has ticked up on pre-Covid levels - rising 19% from 2019-20 - online betting revenue has remained fairly level, rising by just 1% to £34m compared to pre-pandemic…

Finance ・ 12 December 2022

The Wall Street Journal

As Online Gambling Grows, So Does the Financial Crime Risk

Online gambling is booming across the U.S. and compliance experts caution that it creates opportunities for criminals to launder money or take part in other financial crimes. The U.S. has seen states pile into legal online gambling with fervor, eager for potential tax revenue. Since 2018, when the U.S. Supreme Court struck down a ban on sports…

Incidents ・ 01 December 2022

World Casino News

Puerto Rico Records Record Growth in Gambling Industry

Puerto Rico Government Gaming Commission announced that Puerto Rican casinos' earnings exceeded $355 million. This is a huge success; the reported earnings have recorded a growth of 38.89% compared to the last fiscal year. The amount of money collected in the previous year was larger than $256 million. This is huge news for the overall Puerto Rican…

Industry ・ 30 November 2022

iGaming Business

Operators under tax investigation for Dutch grey-market gambling

The memo was dated 28 October, 2021 - four weeks after the Dutch online gambling market launched. The memo was written by the Corporate Service for Professional Technology (CD VT) within the Tax and Customs Administration and was sent to "Dutch online gambling companies". It was revealed last week following a freedom of information request. The…

Finance ・ 28 November 2022

Gambling News

Greco Launches Gameplay Risk Management Product in New Jersey

Leading expert in risk segmentation, multi-accounting, bonus abuse, and bonus engine development in the iGaming industry Greco has registered as a vendor in New Jersey. The London-based company has partnered with the New-Jersey-located arm of Resorts Casino & Hotel, Resorts Digital Gaming. This will allow it to initiate its risk management…

Travel ・ 25 November 2022

breweriesinpa.com

Best Casino Destinations for Beer Lovers

Beer and casino lovers are in for a treat when they head to any of these top casino destinations. Whether you're looking for the perfect place to enjoy an IPA or want to wash down your favorite dish with cold suds while playing casino games, here are some of the top spots where beer is king. Get ready for the beeraholic journey! Las Vegas,…

Land-based ・ 23 November 2022

Asgam

Jeju authorities arrest missing suspect in theft of US$13.4 million from Landing Casino

South Korean officials have reopened their investigation into the theft of KRW14.6 billion (US$13.4 million at the time) in cash from safe at Jeju's Landing Casino after one of the suspects was arrested in Dubai. According to information from Korean news outlet Munhwa, the suspect, known as Mr A, was arrested while trying to board a flight from…

Incidents ・ 15 November 2022

European Gaming

EGT Digital to Showcase its Innovative Products at SIGMA Europe 2022

EGT Digital is going to showcase its innovative products at this year's edition of SIGMA Europe. They will be at display at stand G9. The company will showcase its wide range of online slot games including the well-known jackpots Bell Link, Single Progressive and High Cash, which recently added the brand new title Leprechance Treasury to its list…

Winnings ・ 14 November 2022

News Center Maine

California won’t collect taxes on record Powerball jackpot

On Nov. 7, a Powerball ticket sold in California finally matched all six numbers drawn by the lottery after 41 days without a winner. Whoever has that ticket has won the jackpot of $2.04 billion, or just under $1 billion if they take the cash prize. But it's not just the winner who scores a big payday. Lottery winnings are taxed, which means the…

Winnings ・ 10 November 2022

CBS 8

Powerball $2.04 billion jacket is prize plus 30-year interest

The Powerball grand prize "jackpot" is only an estimate of the prize pool's Treasury bond returns if the winner takes the payment in a 30-year annuity. UPDATE (11/8/22): Powerball revealed its grand prize reached $2.04 billion - $997 million cash value - when it was won by a person in California. The story below, published when Powerball estimated…

Lottery ・ 09 November 2022

FOX 10 News

Powerball $1.9 billion jacket is prize plus 30-year interest

The Powerball grand prize "jackpot" is only an estimate of the prize pool's Treasury bond returns if the winner takes the payment in a 30-year annuity. Monday's Powerball drawing will set a record for the size of its estimated jackpot. If someone wins the Nov. 7 drawing, they could earn an estimated $1.9 billion, the largest prize in lotto…

Lottery ・ 08 November 2022

Casino Guru

BGC congratulates Paul Scully for taking Gambling Minister role

Last week, Paul Scully MP was appointed as Minister responsible for the betting and gaming industry. Consequently, the single industry body for UK betting and gaming, the Betting and Gaming Council (BGC), congratulated Scully for his recent appointment. Michael Dugher, BGC's Chief Executive, commented in a statement released on October 28, 2022. He…

Law ・ 04 November 2022

European Gaming

UK’S BGC WELCOME PAUL SCULLY MP AS NEW GAMBLING MINISTER

Standards body the Betting and Gaming Council has congratulated Paul Scully MP on his appointment as Minister responsible for the betting and gaming industry. BGC chief executive Michael Dugher also congratulated Michelle Donelan MP on her re-appointment to the Cabinet and encouraged both to continue engagement with the industry to find the right…

Law ・ 01 November 2022

Techstory

The UK’s Top 5 Gambling Venues

In the United Kingdom, you'll find a plethora of exciting opportunities to try your fortune at gaming and enjoy a thrilling gambling environment. The main cities and towns each provide unique experiences, with a wide variety of venues, games, and ambiences, as well as a wide variety of amenities, such as restaurants and nightlife. Given the variety…

Top and Best ・ 26 October 2022

Casino.org

Best Gambling Sites in New Jersey

Select one of the following options Before we recommend a casino, our experts research every aspect of a site's performance. The games range, bonuses available, casino security, ease of banking and customer care are all compared as part of our ratings process. We also take feedback from players to understand their experience at any casino. Below is…

Gambling Sites ・ 22 October 2022

New Jersey Online Gambling

Rising Tide Lifted All AC Casino Boats In First Half Of 2022

Even when the Atlantic City casino industry reports strong brick-and-mortar revenue overall, there usually are one or two among the nine properties that fall back, at least moderately, for the particular period in question. But the first half of 2022 was an exception, according to revenue figures announced Friday by the New Jersey Division of…

Covid ・ 21 October 2022

Saltwire

N.S. Gaming Corporation will intervene, but not ban people with gambling addictions

The Nova Scotia Gaming Corporation will not ban people from going to the casino or purchasing Atlantic Lottery Corporation products, even if they have an extreme gambling addiction. Bob MacKinnon, president and chief executive officer of the Crown corporation, said a person must have certain qualifications to be able to diagnose someone with an…

Gambling Addiction ・ 12 October 2022

Gambling News

Slotmill Titles to Now Power Svenska Spell’s iCasino

Svenska Spel Sport & Casino has expanded its content offering with products from Slotmill, a respected iGaming and slot developer. The operator is looking to consolidate its footprint in the online casino space by adding more worthwhile titles developed by prominent studios, the latest being Slotmill. Svenska Spel has been pivoting towards the…

Sports ・ 11 October 2022

Sigma

Queensland’s casino watchdog under fire for lack of enforcement

Data from Queensland's Office of Liquor and Gaming Regulation (OLGR) show that none of the state's casinos have faced any legal action for the past five fiscal years, local news reported. A whistleblower with firsthand knowledge of the Queensland casino business claims told Australia's ABC News that the the oversight agency is "asleep at the…

Law ・ 01 October 2022

HPPR

From 'wise guys' in barrooms to flat screens and apps, how Kansas gambling has evolved

In the first 10 days of legal sports wagering in Kansas, people made almost $40 million in bets. While that may sound like a windfall for the state's treasury, it is not. "After the payment of player prizes and deductions for promotional play and the federal excise tax, net sports wagering revenue for the first 10 days was $233351, of which the…

Lottery ・ 26 September 2022

AMBCrypto

Candy Club launches the world's first social crypto casino club

14000 projects exist on CoinMarketCap, and regardless of their existence as a layer 1 or 2, a DeFi, NFT, or metaverse protocol, the macro and micro headwinds facing all blockchain projects in this bear market are brutal. How well prepared are crypto projects to survive this bear market? According to Invest In Blockchain industry study, only 36 of…

Crypto ・ 23 September 2022

Times Of Casino

Gambling in Ancient Rome

The legacy of Roman Empire was one of the influential civilizations in history, and its impact can still be felt today. Politics, architecture, and engineering are just some of the areas that in the 21 century can oft be found to have influences linking back to the innovative classical civilization. One more sphere of influence of the Romans is in…

Religion ・ 22 September 2022

Jamaica Gleaner

Gambling makes $3b for J’can Gov’t in June quarter

The freedom to gamble without pandemic restrictions has pushed the pot of tax earnings for the Government to $3.1 billion between April and June. The pot for the treasury was up by a quarter in the period, relative to the previous year. The Betting Gaming & Lotteries Commission, BGLC, said the taxes came on the back of $60 billion in sales from the…

Lottery ・ 16 September 2022

The Jerusalem Post

Online gambling growth sees increase in financial crime risk

Authorities in the US and across the world have always spoken of the risk of money laundering that comes with gambling. The reasons are not hard to identify - gambling involves cash and is a good way for criminal elements to whitewash illegal earnings. The boom that online gambling is experiencing in the US currently raises concerns that it could…

Industry ・ 15 September 2022

Yogonet

Uruguay's Senate approves bill to regulate online gambling

Last Thursday, the Senate's Treasury Committee approved the bill presented months ago by the Executive Branch to enable the State and the casinos located in Uruguay to operate online gambling. This initiative had been defined as a "priority" by the senators of the National Party, since (among other things) the demand for online gambling has grown…

Politics ・ 03 September 2022

FinTech Global

How to ensure casino compliance

As an industry that is constantly bringing in new customers and transactions, the casino sector is a key target for criminals and money launderers, claims Alessa. Due to this appeal, casinos have become one of the most heavily regulated businesses in operation. These regulations, Alessa claims, while necessary - can be difficult to understand and…

Trust and Safety ・ 31 August 2022

Casino Guru

Queensland possibly to broaden investigation into more casinos

Two months have passed since Queensland confirmed that it is opening a probe into Star Entertainment's casinos in the state. The investigation launched last week with public hearings held on several occasions and some evidence about suspicious practices already surfacing from those hearings. But now, the state is facing mounting pressure from…

Incidents ・ 31 August 2022

Casino Guru

Star casinos in Queensland allowed a suspicious gambler to carry on

The third day of hearings concluded on Thursday with revelations into Star Entertainment Group's former practices in relation to high roller customers piling on. Subject to public scrutiny at the request of the people overseeing the probe, yesterday's hearing highlighted a new issue with the Queensland casinos. The probe is looking into the Group's…

Travel ・ 29 August 2022

Casino Guru

Probe into Star Entertainment Group casinos begins

The long-anticipated probe into Star Entertainment Group in Queensland got underway on Tuesday morning this week, with the first day of hearing establishing that the company's Queensland properties may have been encouraging high-risk gamblers to visit and play at the property, local media ABC reported. The investigation, which is currently presided…

Finance ・ 25 August 2022

New Jersey Online Gambling

Atlantic City Casinos' Retail Revenue Surges To $299 Million In July

Garden State casinos beat the heat in epic style during July, generating their highest monthly revenue total in eight-plus years, according to figures from the New Jersey Division of Gaming Enforcement released Tuesday. The nearly $299 million in brick-and-mortar casino revenue is the highest total for any month going back to January 2014, the…

Land-based ・ 17 August 2022

Gambling News

Peru President Signs Online Gaming Law Into Effect

At the end of a long period of trial and tribulations and just one month, after it received approval from Congress, the Government of Pery finally enacted Law 31557. The legislation that will regulate the operation of online casino gambling and sports betting activities in the country was signed into effect by president Pedro Castillo Terrones on…

Law ・ 16 August 2022

Curacao Chronicle

Minister of Finance on gambling sector: We are missing out on millions because of the way our licensing system is set up

WILLEMSTAD - "Curaçao is currently missing out on millions due to the way our licensing system in the gambling sector is set up". That is according to the Minister of Finance Javier Silvania. According to the minister, Curaçao is missing "millions" due to the current set-up with a select number of master licensees who can issue an unlimited number…

Law ・ 16 August 2022

Ghana Soccernet

Europe's gambling capital: a tour of the most famous casinos

What is the first thing that comes to mind when you hear about casinos in Europe? Monaco of course. It really is a unique place for lovers of mobile gambilng entertainment. Pompous architecture, beautiful decor and a huge number of interesting games are invariably associated with wealth and luxury. We thought we'd take you on a tour and show you…

Craps ・ 16 August 2022

The Critic

Does rugby league have a gambling problem?

It was Easter 2004, and two of Britain's top rugby league players stumbled upon one of the best betting opportunities of all time. Ahead of the top-of-the-table clash between Super League giants Bradford and St Helens, Sean Long and Martin Gleeson discovered that one of the sides would be fielding their reserve team. With the bookmakers…

Gambling Addiction ・ 07 August 2022

The Star

Cops to destroy almost 4,000 online gambling devices seized from 2007-2022

PETALING JAYA: Police here will destroy nearly 4000 online gambling devices along with other case items seized between 2007 and this year. Petaling Jaya OCPD Asst Comm Mohamad Fakhruddin Abdul Hamid said the items slated to be disposed of were part of 670 investigation papers opened on illegal online gambling cases between 2015 and 2022, as well as…

Incidents ・ 27 July 2022

Ink Free News

Timeline From The Past: Warsaw-Winona Lake Merger, Slot Machine Raid

From the Files of the Kosciusko County Historical Society. July 31, 1967 - A former Syracuse man numbers among a group of four skilled mountain climbers still missing today as air and ground search parties continued rescue efforts off snow-shrouded Mt. McKinley near Anchorage, Alaska. Hopes that Jerry Clark, son of the late Dr. Fred Clark, a…

Incidents ・ 25 July 2022

The Street

Cruise and Casino Stocks: Which Are the Most Volatile?

The concept of beta - which measures a stock's volatility compared with the market as a whole - is an important one for equities. So is the concept of equity-risk premium -- that's how much more return you should get if you invest in stocks instead of risk-free assets like Treasury securities. The equity-risk premium has soared 42% this year. How…

Travel ・ 22 July 2022

iGaming Business

Slotegrator reviews the worldwide trend of gambling legalisation

More and more countries are coming to the conclusion that regulating igaming makes infinitely more sense than trying to ban it. Government authorities around the world are waking up to the fact that prohibiting gambling simply creates the perfect conditions for the black market to thrive, fails to protect players, and deprives the national budget…

Gaming Authorities ・ 22 July 2022

European Gaming

Australian Tribe Lays Claim to Queensland Land, Plans Casino

An Australian indigenous tribe is laying claim to a prized area of land on Queensland's Gold Coast and is planning a resort that may potentially include a casino. The Kombumerri-NgarangWal Saltwater People have filed a Native Title claim "reaffirming our legitimate rights to our land," local media reports. The local elders who signed the title…

Adventure ・ 21 July 2022

Atlantic City Weekly

How increased tax form trigger would affect big slot winners

Slot machine and video poker players who have won jackpots of $1200 or more know the drill. When the winning combo appears, the machine locks up. A slot attendant checks things out, disappears for a few minutes and reappears with an IRS form W2-G for you to sign. Until you sign the form, the casino is not permitted to pay your jackpot. It's been…

Finance ・ 12 July 2022

Pattaya Mail

There’s a lot riding on Pattaya’s prospects for a casino

The stakes were raised this week on Pattaya's future after a parliamentary committee recommended the city as one of five nation-wide bases for legalized gambling. Committee deputy chairman Pichet Chuamuangphan said legislation would be introduced to earn revenue, collect taxes, curb illegal casinos and discourage online gambling. According to…

Religion ・ 30 June 2022