Texas Sports Betting Unlikely Before 2027 Amid Rising Opposition

Texas Sports Betting Unlikely Before 2027 Amid Rising Opposition

by August 26, 2024

Efforts to legalize sports betting in Texas are facing substantial hurdles, largely due to increased lobbying and campaign contributions aimed at legalizing casinos in the state. These actions have galvanized anti-gaming forces in Texas, reducing the likelihood that sports bettin ...

Thaksin Shinawatra Confirms Support for Legalized Casinos in Thailand

Thaksin Shinawatra Confirms Support for Legalized Casinos in Thailand

by August 23, 2024

In a significant development for the gaming industry in Thailand, former Prime Minister Thaksin Shinawatra has confirmed his support for the legalization of casinos. This endorsement from Thaksin, the influential father of Thailand’s newly appointed Prime Minister, Paetongtarn Sh ...

AGA: Regulators Should Probe Sweepstake Casinos and Sportsbooks

AGA: Regulators Should Probe Sweepstake Casinos and Sportsbooks

by August 23, 2024

As the popularity of sweepstakes-based wagering models continues to surge, the American Gaming Association (AGA) has sounded the alarm on the potential risks these platforms pose to consumers and the legal gaming industry. In a recently released policy statement, the AGA emphasiz ...

Brazil’s Betting Market Attracts Over 100 Licence Applications Before Deadline

Brazil’s Betting Market Attracts Over 100 Licence Applications Before Deadline

by August 22, 2024

As the deadline for prioritized licence applications in Brazil has now passed, a total of 113 operators have submitted their requests, aiming to secure a foothold in the country’s soon-to-launch legal betting market. By meeting the deadline of August 20, these operators hav ...

Virginia Lawmakers Consider Establishing a Statewide Gaming Commission

Virginia Lawmakers Consider Establishing a Statewide Gaming Commission

by August 22, 2024

In recent years, Virginia has witnessed significant growth in the gambling industry, but the state’s regulatory framework has struggled to keep pace. With the industry now sprawling across various forms of gaming, from casinos to online betting, state lawmakers are debating ...

Nebraska Legislature Concludes Without Progress on Online Sports Betting

Nebraska Legislature Concludes Without Progress on Online Sports Betting

by August 21, 2024

The Nebraska legislature concluded its special session on August 20th, 2024, without addressing the potential legalization of digital sports betting. Despite spending over three weeks focusing on property tax relief, lawmakers did not take up discussions on a proposed constitutio ...

Colombia’s Online Gambling Industry Fuels Economic Growth in Q2 2024

Colombia’s Online Gambling Industry Fuels Economic Growth in Q2 2024

by August 21, 2024

Colombia’s online gambling industry has emerged as a significant driver of economic growth in the second quarter of 2024, contributing to a 2.1% increase in the country’s Gross Domestic Product (GDP). The National Administrative Department of Statistics (DANE) identified online g ...

Will VR Ever Become a Staple of Online Casino Offerings?

Will VR Ever Become a Staple of Online Casino Offerings?

by August 21, 2024

Virtual reality (VR) has been touted as the next big thing in many industries, from gaming to education to real estate. But one area where VR’s potential seems particularly promising is in online casinos. Imagine being able to walk through the opulent halls of a Las Vegas casino ...

Nebraska Senators Oppose Mobile Gambling as Property Tax Debate Continues

Nebraska Senators Oppose Mobile Gambling as Property Tax Debate Continues

by August 20, 2024

In the wake of casino legalization and the growing influence of gambling in the sports and entertainment industry, a group of Nebraska lawmakers is urging caution. As the debate over property tax reduction enters its 14th day, the potential expansion of gambling in Nebraska has b ...

Portugal’s Online Gambling Revenue Hits Record €261.8M in Q2 2024

Portugal’s Online Gambling Revenue Hits Record €261.8M in Q2 2024

by August 20, 2024

Online gambling in Portugal continues to thrive, with revenue hitting a record €261.8m (£223.1m/$289.2m) in the second quarter of 2024. This marks the eighth consecutive quarter in which the industry has set a new revenue record, surpassing the previous high of €260.8m achieved i ...

Montenegro’s Proposed 15% Tax on Gambling Winnings Faces Backlash

Montenegro’s Proposed 15% Tax on Gambling Winnings Faces Backlash

by August 20, 2024

Montenegro’s government has introduced a proposal to impose a 15% tax on gambling winnings, as part of a broader fiscal strategy aimed at offsetting significant budgetary shortfalls. The proposed tax, which is expected to generate an additional €5 million annually for the s ...

Macau Sees 58% Surge in Gaming Tax Revenue, Driven by Economic Recovery

Macau Sees 58% Surge in Gaming Tax Revenue, Driven by Economic Recovery

by August 19, 2024

The Macau government reported a significant increase in gaming tax revenue for the first seven months of 2024, highlighting the region’s strong economic rebound. The income from gaming taxes surged by nearly 58% year-on-year, reaching MOP51.6 billion ($6.4 billion) as the S ...

New Jersey’s Total Gaming Revenue Rises 8.2% in July 2024 Despite In-Person Decline

New Jersey’s Total Gaming Revenue Rises 8.2% in July 2024 Despite In-Person Decline

by August 19, 2024

New Jersey’s gaming industry saw a notable 8.2% increase in total gaming revenue for July 2024, reaching $547.8 million, according to the latest figures released by the state’s Division of Gaming Enforcement. This marks the highest level of total gaming revenue for Ju ...

U.S. Commercial Gaming Revenue Reaches Record $17.63 Billion in Q2 2024

U.S. Commercial Gaming Revenue Reaches Record $17.63 Billion in Q2 2024

by August 16, 2024

In a testament to the resilience and growing appeal of the U.S. commercial gaming industry, nationwide revenue surged to an unprecedented $17.63 billion in the second quarter of 2024. This impressive figure, reported by the American Gaming Association (AGA) in its latest Commerci ...

Italy’s New Online Gambling Framework Nears Completion Under European Commission Review

Italy’s New Online Gambling Framework Nears Completion Under European Commission Review

by August 15, 2024

Italy’s newly proposed framework for online gambling concessions is now under the scrutiny of the European Commission (EC) as it enters the final stages of its legislative process. This marks a significant step in Italy’s ongoing efforts to regulate and modernize its online ...