Michigan Senate Committee Passes Online Gambling Bill to Senate

Michigan Senate Committee Passes Online Gambling Bill to Senate

Michigan’s online gambling bill got the approval of the local Senate Committee at a special hearing. The Senate Regulatory Reform Committee gave the green light to the bill by a vote of 7-1 and allowed the piece of online gambling legislation to proceed to the Senate floor. The piece of legislation presented by Senator Mike Kowall would allow only the commercial casino operators and the tribes recognised by the federal government who already run gaming operations within the state to apply for online gambling licences. However, what is more important,…

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ASA Scolds Coral Interactive for Misleading Cash Out Feature Ad

ASA Scolds Coral Interactive for Misleading Cash Out Feature Ad

The Advertising Standards Authority (ASA) published a ruling after investigating on a TV advert of Coral Interactive. The investigation was initiated after two individuals filed complaints over an ad seen on October 18th, 2016, which promoted the cash out feature of Coral Interactive. The advert informed users that the Cash Out My Bet feature of the brand was accessible online or through the players’ smartphone, allowing them to cash out their bets with the brand. The complainants called the TV ad misleading as they were not allowed to cash out…

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Irish Joint Committee Criticises Lottery Regulator on “Lack of Supervision”

Irish Joint Committee Criticises Lottery Regulator on “Lack of Supervision”

TDs and Senators in Ireland have expressed their criticism against the local Lottery regulator Liam Sloyan with the explanation that he is not doing his best in order to make sure public is protected from the negative effects of gambling, and more specifically, gambling addictions. Mr. Sloyan came under fire at the time he appeared before the joint Committee on finance, public expenditure and reform after it urged him to demonstrate and prove he was investigating the impact of online gambling on the territory of Ireland. The Lottery Regulator was…

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Pennsylvania Online Gambling Legislation Push Continues with Joint Hearing

Pennsylvania Online Gambling Legislation Push Continues with Joint Hearing

Pennsylvania has become one of the six US states which has faced the introduction of online gambling bills at the beginning of 2017. Now, the state of Pennsylvania, along with New York, Massachusetts, Michigan, California and New Hampshire is facing the strong push towards implementing the legislation of online gambling. As part of this push, Pennsylvania is facing an online gambling hearing, which was scheduled for March 7th. The event, which took place on Tuesday afternoon, put the issues of online gambling as a subject of the joint hearing of…

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MGM Opposes Building of Third Connecticut Casino in East Windsor

MGM Opposes Building of Third Connecticut Casino in East Windsor

MGM Resorts International is hoping opponents of the casino expansion in Connecticut would prevail and block the construction of a third gambling establishment on the territory of the small northern state. Jim Murren, Chief Executive of MGM Resorts, allegedly wishes to ensure Connecticut lawmakers would not allow another gambling venue to be built, especially if it would be erected only 13 miles away from the company’s $950 million Springfield casino in the state of Massachusetts. MGM’s Springfield resort is expected to open doors in 2018. This past week, the town…

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UK Government to Take Action against EuroMillions Betting Loophole

UK Government to Take Action against EuroMillions Betting Loophole

UK authorities disclosed plans to enforce stricter measures in order to close down a loophole in the current legislation, which enables lottery websites to offer UK-based customers EuroMillions betting options at reduced prices. The country’s Gambling Act prohibits UK punters from placing bets on National Lottery games at prices that are lower than buying an actual ticket. However, lottery websites widely exploit the loophole in the current legislation by providing UK residents with the option to wager on the outcomes of EuroMillions draws in other countries that are members of…

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Illinois Puts Forward Proposal to Add Casinos in Six Locations

Illinois Puts Forward Proposal to Add Casinos in Six Locations

Illinois legislators proposed an expansion of casino gambling on the territory of the state that will see the launch of new gambling establishments in six locations. The proposal aims at boosting the cash-strapped state’s revenue as well as ending the two-year period during which Illinois was lacking an annual spending plan. The gambling expansion proposal is part of the “grand bargain” to break the two-year budget deadlock in Illinois. The grand bargain was derailed last week but the state’s Senate endorsed the casino expansion as it would enable Illinois to…

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Massachusetts Gaming Commission to Consider Online Gambling Legislation

Massachusetts Gaming Commission to Consider Online Gambling Legislation

The Massachusetts Gaming Commission disclosed they are planning to study the online gambling industry to be able to enforce the necessary regulations in the future. Local media reported Massachusetts lawmakers have already begun discussions on the topic of legalising and regulating interactive gambling activities within the state’s borders. Stephen Crosby, Chair of the Massachusetts Gaming Commission, commented the legislation of online gambling would give the state’s economy a boost and would pay real dividends for the Commonwealth. According to local media reports, the lawmakers are currently considering to enforce regulations…

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Icahn Agrees Trump Taj Mahal Casino Sale with Hard Rock

Icahn Agrees Trump Taj Mahal Casino Sale with Hard Rock

The conglomerate company Icahn Enterprises L.P., which is owned by the activist investor Carl Icahn, posted an official announcement today, revealing that it has reached a deal with Hard Rock International-led group of investors to dispose of the Atlantic City-located former Trump Taj Mahal Casino Resort. The activist investor acquired the property only a year earlier, after Trump Entertainment Resorts announced bankruptcy. All casino and hotel operations of the Taj Mahal Resort were officially stopped in October last year, and at the beginning of February 2017 Icahn revealed that he…

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Nevada Gaming Control Board Reports 12% in State’s Casino Revenue Increase in January 2017

Nevada Gaming Control Board Reports 12% in State’s Casino Revenue Increase in January 2017

The Nevada Gaming Control Board posted the general results of the operators who operate on the territory of the state, which has been home of some of the biggest casinos in the country, especially considering the fact that it is home to Las Vegas. The official assessment of the January results indicated that the sector greatly benefited from a stable increase of 12% in the first month of 2017. According to the report released by Nevada Gaming Control Board, the gaming revenue generated by the casinos across the state amounted…

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