iGaming Business – The National Council of Legislators from Gaming States (NCLGS) has vetted an initial draft of its proposed framework for the regulation of online gaming in the US. Entitled ‘Policy Framework for the Regulation of Internet Gaming’, the organisation said it has developed the draft as a model for states considering legalising online gaming and intends to protect both states wishing to participate in internet gaming and those that do not. The framework addresses player protection, problem gambling protection, taxation, licensing, enforcement, payment processing, regulatory authority, multi-jurisdictional agreements, game choice and legality, as well as age verification, geo-location…

iGaming Business – The Scottish National Party (SNP) has become the latest political party to speak out against fixed odds betting terminals (FOBTs) and has called for “sensible regulation” of such machines in the UK. Gamblers in Scotland staked a reported £4.4 billion (€5.3 billion/$7.4 billion) on the machines last year, an increase of more than £100 million on the amount spent in the previous year. SNP politician Stuart McMillan has joined a number of political figures in backing the Fairer Gambling Campaign’s call to reduce the current maximum stake on FOBTs from £100 to £2. UK chancellor George Osborne…

Las Vegas Review Journal – Nearly a year after the launch of real money online poker in Nevada, there’s a new wave of players who must pay taxes on Web poker winnings from 2013. In the years before regulated online gambling, offshore sites that skirted the law to attract U.S. players may not have cooperated with the Internal Revenue Service. But the legislation passed in Nevada and two other states means that the IRS has the means to easily trace online winnings. Nevada’s first regulated real money site, UltimatePoker.com, launched in April 2013, and WSOP.com followed later in the year….