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The KPMG Gibraltar eSummit is scheduled to kick off at 8:45 AM on March 23rd at the Sunborn Gibraltar. The one-day event is to feature a great variety of topics, including mergers and acquisitions, anti-money laundering, harm and risk minimisation online, etc. Many of the topics will also be discussed in regards to the online gambling industry, and will be presented by real experts and proved eBusiness professionals. The Best Corporate Services Provider of the Year 2016 Award, which was granted to KPMG Isle of Man and Gibraltar events last…

The state regulatory authorities in Mississippi rejected two proposed casino constructions. At a special meeting, which continued for less than two hours, the proposal was discussed by the Mississippi Gaming Commission‘s members, who later made the unanimous decision to reject the sites. No further explanation on the decision came from the three members of the Commission, who refused to comment on the matter. The decision came as a great shock to the two developers, Ray Wooldridge of RW Development in Biloxi and Jacobs Entertainment of Diamonhead, with both of the…

This week, West Virginia joined the other six US states that have introduced bills in order to make online gambling legal and regulated in the state over 2017. The state now aims to generate new tax revenue, so it became oriented towards presenting an online gambling bill to the state legislature’s House of Delegates. Never before had West Virginia made an attempt of legalising iGaming, so this is the first online gaming bill presented. What is more, the step came more as a surprise despite the fact that at the…

The UK Gambling Commission (UKGC) urged parents to keep a careful watch of the serious dangers of gambling activities associated with playing video games. The Commission posted a special warning to parents after it published its position paper of “Virtual currencies, eSports and social casino gaming”. The Chief Executive Officer of the UK gambling regulatory body Sarah Harrison commented on the regulator’s call, saying that the fact that parents could be actually fully unaware that their children could use the money they give them not to play a computer game,…

The New Jersey Division of Gaming Enforcement (NJDGE) published a report about the gaming revenue results generated in February 2017. The report presented an assessment made of the Atlantic City gaming industry, including information about the operators that currently run their services on the territory of the state, as well as tax information and details. In addition, the state’s authorities released information about the gross revenue generated by its regulated online poker websites, and the number of the online casinos in New Jersey. Industry Performance According to the the report…

The Advertising Standards Authority ruled in favour of BetVictor, one of the leading independent gaming and bookmaking companies in a global scale, in a case filed by one complainant who claimed one of the TV adverts of the brand was misleading. The BetVictor ad seen by the complainant in October 2016 on TV featured two men at a horse race, with one of them wondering why he should use the “lengthen the odds thing” and the other offering him to hear what a real professor of probability has to say…

Texas has become one of the states which have filed some gambling bills literally in the last minute when they could propose new pieces of legislation for 2017. This time it is the daily fantasy sports (DFS) that have been looking to find legal clarity in the state, so the state Senator Lois Kolkhorst used the last chance for filing a bill and introduced S 1970. The new piece of legislation is focused on making daily fantasy sports legal in the state, and providing regulatory framework for them. What is…

The proposal for a gambling expansion through a third casino construction in Connecticut has become a subject of fierce discussions at a recent hearing, with the two parties in the debate trying to make their positions more popular. What is more, each party used the services of their own consultants and experts in the field of gambling in order to get the Connecticut Committee trust and make it take their opinions into account. A lot of pressure has been put on the Committee in order for the latter to reach…

The amount of money that UK players are spending on fixed-odds betting terminals (FOBTs) has considerably increased in spite of all the measures imposed on the industry and operators by the country’s Government. The fixed-odds betting machines have recently provoked fierce debates and have made competent authorities express their concern related to the eventual negative consequences for customers. The FOBTs provide players with the chance to play various casino games and place a stake of up to £100 every 20 seconds. Both the Government and the regulatory authorities have taken…

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,…