A guide for jurisdictions considering online gambling regulation has been drafted by the National Council of Legislators from Gaming States. The proposed Model Internet Gaming Act will be open for public comment, commencing today and continuing through December 31st. The draft proposal, developed over several months by the select Committee on Model Internet Gaming Legislation, suggests a wide range of policies for state legislators, regulators and other stakeholders to consider. In developing the online gambling regulation framework, NCLGS notes: “The objectives of this model legislation are to establish an effective, comprehensive, and efficient regulatory framework consistent with public policy that…

The global online gambling market is expected to grow at a compound annual growth rate of more than 12% from now through 2028. Gambling is highly sensitive and responsive to new technologies and innovations. The unprecedented growth of online gambling activities, such as online casinos and betting on sites like WoomBet, has propelled players in the online gambling market to adopt new technologies to survive the competition. One such technology which is widely making inroads into the industry is augmented reality and virtual reality. The gambling industry has the highest potential to use AR and Virtual Reality technology in the…

A New Hampshire online gambling bill has passed the state Senate, the first successful internet gambling vote by a Senate in 2023. That bill, SB 104, was drafted by Representative Tim Lang and narrowly passed the chamber despite concerns that legal iGaming could cannibalize land-based casinos in the state that provide Lucky 7 electronic games and historical horse racing. Charitable gaming operators in New Hampshire offer part of their revenue to the state to fund various charities, and many suggest that an expansion of online gaming could adversely affect these efforts. In response to these concerns, an amendment was added…

The man responsible for sports betting in his state is back at work. Senator Joseph Addabbo has rolled out a New York online gambling bill that would regulate web based casino games, including slot machines. The bill also has provisions for live dealer and table games, as well as for online poker. In true New York fashion, however, Addabbo’s bill proposes a tax rate of over 30% to be imposed on operators. That’s about twice as much as the usual 15% in other states that have regulated internet casino games. But before we get ahead of ourselves, this bill has…

This week we have online gambling news from Massachusetts, where mobile sports betting violations abound! Plus, more online betting news from Ohio, where the fines are flying. And then sports betting news from New York, where the operators are starting to push back!   Hello my friends! And thank you for streaming another edition of This Week in Gambling, as online betting continues to sweep across the country. But with more money comes more problems… I think they even wrote a song about that! First up, we told you back in January about the new gambling records, and now the…

The popularity of online gambling has dramatically increased recently. It is currently outpacing conventional casinos in terms of popularity and earnings, expanding at an alarming rate. Online gambling isn’t just restricted to classic casino games. Online gambling comes in various forms, but you can wager on practically any game. Types of Online Gambling The three main types of online gambling are poker, casino games, and sports betting. To succeed, you’ll need luck, but all three games are enjoyable to play with the potential to win extra cash. 1. Online Poker The most widely used type of internet gambling is poker….