U.S. Chair of House Ethics Committee is buying gambling stocks

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WWLP 22 News

Gaming regulators want bright lines on online lottery

BOSTON, Mass. (WWLP)-With the House and Senate again poised to settle whether to allow the Mass. Lottery to sell its products online, the Mass. Gaming Commission is watching closely and reviving an argument it first made in 2017. After it was struck down in House-Senate negotiations last year, representatives voted again in late April to authorize…

Law ・ 10 May 2024

The Washington Post

Virginia gas station owners want their slot machines back, again.

RICHMOND - The slots-like gaming machines that Virginia has twice banned from gas stations, restaurants and convenience stores would blink back to life under legislation that lobbyists and legislators are pushing through the General Assembly. The measure could pave the way for slots-style gaming in every corner of the state, which approved the…

Law ・ 23 January 2024

The Chicago Crusader

With gambling legislation on pause, some push for reform

The leaders of the Statehouse's dual Republican supermajorities have been clear: after recent gambling industry scandals involving former lawmakers, next year's legislative session will include no expansion. That's prompted a divided response over what to do instead. It's a chance for reform, some government transparency and ethics advocates say.…

Law ・ 03 December 2023

Esports Betting

Cryptocurrency as a Financial Service or Gambling Activity?

In the UK, a House of Commons Treasury Committee is opposing government plans to regulate crypto-like financial services. The committee says crypto should be regulated like gambling so that consumers aren't lulled into a perception that crypto is safe. The committee's views, so far, are just opinions and the UK Treasury seems set on regulating the…

Crypto ・ 23 May 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Cointelegraph

Crypto retail trading should be regulated as gambling

The trading of so-called "unbacked cryptoassets" such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report. The United Kingdom is currently working on a crypto regulatory framework that would mix existing financial asset laws with new crypto-specific…

Law ・ 20 May 2023

Bayside News

Inquiry into online gambling harm begins

AN inquiry into the impacts of online gambling has been launched. Dunkley MP Peta Murphy chairs the House of Representatives' standing committee on social policy and legal affairs. The committee is seeking submissions on online gambling and the impacts it can have on problem gamblers. Murphy says that the committee's inquiry will "be a fresh look…

Gambling Addiction ・ 03 October 2022

iGaming Business

Collins to continue to lead on gambling reform

Collins was initially appointed on 8 July 2022, replacing Chris Philp, who left office during the month's swathe of resignations protesting Boris Johnson's continued leadership of the Conservative party. His leadership comes in a period of flux for UK gambling policy. A review of the 2005 Gambling Act is currently underway, with a white paper…

Law ・ 22 September 2022

Bangkok Post

Taking the casino punt

Bitter contention over legalising casinos in the kingdom may be closer to a resolution than many people think with the release of a report citing overwhelming public support for the idea. Essential legal groundwork for casinos could be laid before parliament finishes its term early next year. The report, prepared by a committee formed on the order…

Lottery ・ 14 August 2022

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Playtech

Playtech launches with NorthStar Bets in Ontario

London, 08 June 2022 - Playtech, the world's leading gambling technology company, today announces it has launched its multichannel technology with NorthStar Bets, an Ontario-based brand that provides players with a uniquely local, premier user experience on their casino and sportsbook gaming platform. This launch comes as part of its strategic…

Poker ・ 14 June 2022

Captain Altcoin

New York City Casino Will Include Crypto Trading Floor

The term "cryptocurrency" refers to a type of digital currency. It is possible to manage and exchange traditional currency online, but this is not the same as owning cryptocurrency. Cryptocurrencies are distinct because they are a decentralized and democratic alternative to government-issued currency. Governments control the supply of money in…

Land-based ・ 01 June 2022

Good e-Reader

The Best Books for Winning Stuff Online

Everybody knows that land-based and online casinos win in the long term. Still, games like blackjack have a low house edge, and you can use strategies to lower it further. You can always play games in the practice mode and hone your skills. Strategies are also available to help you boost your casino profits and minimize your losses. It doesn't…

Games ・ 10 March 2022

Golden Casino News

Canada Online Casino: Gaming Realms Secures Ontario Supplier License

Alchemybet, a subsidiary of Gaming Realms, has become the latest Company to be awarded an igaming supplier license in Ontario. Gaming Realms PLC., a creator and licensor of mobile online casino content, proudly announced that subsidiary company Alchemybet Limited has secured an iGaming Supplier license to supply games in the Canadian province of…

Winnings ・ 10 March 2022

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NorthStar Gaming announces new strategic partnership with Playtech, propelling future growth of Canada's most trusted online sports betting and casino brand

NorthStar Gaming prepares to launch engaging online casino and sportsbook platform TORONTO, Jan. 11, 2022 /CNW/ - NorthStar Gaming Inc. is proud to announce its new partnership with Playtech, the world's leading gambling technology company. The new partnership will provide NorthStar Gaming with the technology platform to deliver what will be one of…

Sports ・ 11 January 2022

Stock News

GDEN: Feeling Lucky? Consider Betting on These 3 Lesser-Known Casino Stocks

Despite travel restrictions and the shutdown of casinos and other gambling outlets during the worst of the COVID-19 pandemic, the rising popularity and legalization of online gambling and iGaming services have helped the industry rebound since the first COVID-19 wave last year. The strong vaccination drive, the lifting of travel bans, and the…

Finance ・ 26 December 2021

Financial Post

Bragg's ORYX Hub Live with Playtech Following Integration Deal

Distribution enhanced in several major markets thanks to top-tier partnership TORONTO - ORYX Gaming, a Bragg Gaming Group company (NASDAQ: BRAG, TSX: BRAG), is set to significantly boost its profile in the global iGaming industry thanks to an integration deal with gaming giant Playtech. The full range of games from ORYX is set to become available…

Finance ・ 17 October 2021

Stock News

MCRI: Feeling Lucky? Buy These 3 Under the Radar Casino Stocks

The gambling industry is making a comeback with the gradual easing of social distancing mandates. U.S. gambling revenue hit a record $13.6 billion in the second quarter. In-person gambling was the primary driver of the record-breaking second-quarter revenue results. Mobile sports betting and iGaming kept the industry afloat during the initial…

Finance ・ 03 September 2021

Morningstar

LONDON MARKET PRE-OPEN: Jackpot first half for...

Winnings ・ 10 August 2021

Pokerfuse

Gaming Realms Launches Slingo in Michigan with BetMGM

UK-based supplier Gaming Realms has partnered with BetMGM MI to launch its suite of online games, Slingo Originals, on its Michigan online casino. The suite includes a mix of slot, bingo and table games. The partnership comes after Gaming Realms was awarded a provisional iGaming supplier license by the Michigan Gaming Control Board (MGCB) in early…

Travel ・ 01 July 2021

Business World

Is Investing Just Gambling? General, news for Ireland, Blog

An age-old question, and, while some might imply that these two are vastly different, the truth is that, in essence, the contrast isn't that pronounced. You can't deny that most gamblers are a form of speculative investors, they put up money on uncertain events in hope that their prediction will come true and that they'll gain wealth. They make…

Strategy Guide ・ 26 May 2021

Stock News

PENN: 2 Casino Stocks Wall Street Loves

The ongoing U.S. mass vaccination drive bodes well for the tourism industry because the pent-up demand for travel is through the roof. With most travel and hospitality companies receiving huge, advanced bookings, brick-and-mortar casinos and related business segments are likely to soon see increasing foot traffic. This is why the casino management…

Finance ・ 07 May 2021

Bitrates

Trading Cryptocurrencies Compared to Online Gambling

Cryptocurrencies were once considered a trend, but with Bitcoin daily making new crypto believers, the opposite story has prevailed. Although many people still do not know all the crypto market's intricacies, most of us understand its basic concept. Most people know that it involves trading, like all the other currencies in the world, however, some…

Crypto ・ 07 May 2021

Bangkok Post

Casino project shapes up

Feasibility study to be deliberated by House A report by a special House committee studying the feasibility of allowing an entertainment complex to be built that includes legal casinos is expected to be deliberated on Thursday, a member of the committee said on Tuesday. Aimed at raising tax revenue from legalising gambling businesses in a…

Law ・ 11 January 2023

Bangkok Post

House paves way for first Thai casino

The House of Representatives on Thursday approved a full report of the proposal to set up a casino-entertainment zone in Thailand following a three-hour meeting to discuss the matter. The report was prepared by a special committee set up in December 2021, following a 310 to nine House vote in favour of weighing up the economic value an…

Gambling Addiction ・ 14 January 2023

Bangkok Post

Are casinos a safe bet?

Today, the Lower House will make a decision on whether to endorse a feasibility report that could see the legalisation of casinos -- a policy that is hoped will bring in tax revenue and promote tourism. Lawmakers have been toying with the idea of legalising casinos for over a decade, wanting to follow Singapore, Malaysia and Cambodia, which use…

Law ・ 12 January 2023

Bangkok Post

Casino plans spur 'Nimby' complaints

Thailand's casino plans are causing mixed reactions among the public even though a special House committee studying the feasibility of entertainment complexes including legal casinos says they are likely to bring in massive revenue. The House of Representatives on Thursday approved a report on the proposal to set up a casino-entertainment zone,…

Law ・ 15 January 2023