regulation – Page 8

August 16, 2023

FL sports betting hits latest obstacle as rehearing petition filed

The relaunch of the Seminole Tribe’s Hard Rock Bet online sportsbook may face another delay, as pari-mutuel betting operator West Flagler Associates files a petition calling for a rehearing of the case it lost on 30 June.

On 14 August, West Flagler submitted a petition for rehearing to the DC Circuit court, following the betting operator’s loss in the recent West Flagler Associates vs Haaland case.

This case cleared the path for the Seminoles to offer sports betting statewide in Florida, by confirming the state’s “hub-and-spoke” model sports from federal objections.

West Flagler file en banc rehearing

West Flagler’s filing called for an en banc rehearing. This means the case would be reheard by all judges on the bench at the DC Circuit Court, as opposed to the panel of three that heard the original case.

According to the Yale journal on regulation, a successful en banc rebench petition is a rare event in the DC Circuit.

the dc circuit rarely grants a en banc rebench petition

August 14, 2023

World Series of Politics takes on Florida sports betting in bumper 20th episode

It’s the 20th episode of the World Series of Politics: Brandt Iden, Brendan Bussmann and Robin Harrison are joined by two legal experts to pick through the Florida sports betting case in this special episode.

Florida’s sports betting market came to an abrupt halt just weeks after launch when a legal challenge blocked the Seminole Tribe of Florida’s updated compact with the state.

After two years of legal action the DC Circuit Court reversed the decision, paving the way for the Seminoles and Hard Rock Digital to relaunch. That may come as soon as this month.

Does Florida sports betting face further challenges?

But how deep does the ruling go? The case clears the way for a relaunch, but steers clear of ruling on whether the compact should have been permitted without a constitutional amendment. That issue goes back to the Florida courts to decide.

does the seminoles’ sports betting agreement need to be ratified by a state referendum?

What this ultimately means, and whether it gr..

August 2, 2023

PlayUp accused of falsifying documents as Mintas case expands scope

Former PlayUp US CEO Laila Mintas’ updated suit against the troubled gaming operator and its global CEO Daniel Simic accuses the business of falsifying documents, as the legal action expands in scope to the Australian parent company.

The updated suit, which is seeking approximately $100m in damages, details previously unheard allegations including PlayUp falsifying the dates on Australian government paperwork.

Mintas also alleges PlayUp manufactured and manipulated other documents submitted in response to discovery requests and accuses the operator of improper conduct throughout the legal action. There is also the allegation of PlayUp running a “concerted campaign” to ruin the former executive’s reputation.

Simic accused of falsifying of documents

In the third amended counterclaim – the latest filing from the Mintas camp in the legal fight – PlayUp and Simic are accused of making “egregious discovery abuses such as the falsification of corporate documents”.

the suit alleges play..

July 11, 2023

Episode 19: Looking at Ontario’s legal gaming market with Paul Burns

Brendan Bussmann and Brandt Iden dive headfirst into Canada’s only open betting and gaming market with Paul Burns of the Canadian Gaming Association (CGA) in episode 19 of the World Series of Politics.

Paul shares his thoughts on the early stages of Ontario’s regulated market, pointing out that a strong channelisation rate suggests the Canadian province is making a successful leap from a grey to white market.

This, he explains, has levelled the field when it comes to advertising. That hasn’t prevented the naysayers from massing, however.

One of the opposition parties in the Ontario parliament has put forward a bill to ban gambling advertising – even though gaming only accounts for 3% of total ads shown in the country.

Listen to the World Series of Politics on Apple Podcasts

Looking forward, Burns assesses the future of Canadian gaming, examining the potential of sports betting and igaming in Ontario and beyond. With a foundation of responsible gaming standards and a commitment ..

June 19, 2023

Sweden’s channelisation rate at “critically low” 77%

A report published by Sweden's Online Gaming Industry Association (BOS) has revealed that 77% of Sweden's online gaming market is channelised, a percentage the association called “critically low”.

Sweden’s channelisation goal – the percentage of licensed gaming offerings it wishes to have on the market – is currently set at 90%.

BOS commissioned Swedish survey organisation SKOP to analyse channelisation rates for online gaming in the country, looking at specific categories such as sports betting and online casino.

Gustaf Hoffstedt, secretary-general at BOS, emphasised the seriousness of the low channelisation rate.

“There is no doubt that the Swedish licensing system is in a serious situation,” said Hoffstedt. “Far too much power has been spent on the part of the state to force the licensed gambling companies to implement measures that have not been well received by gambling consumers.”

He added that reversing this development would require the regulator, Spelinspektione..

June 14, 2023

Gambling Related Harm APPG launches white paper inquiry

The Gambling Related Harm All-Party Parliamentary Group (APPG) has launched an inquiry into the British government’s Gambling Act white paper review.

Published in April, the long-awaited white paper covered a range of major topics regarding gambling and future regulation in Great Britain.

The APPG-led inquiry, which launched today (14 June), will assess all proposed measures put forward in the white paper. The inquiry will also seek to hold the government to account and ensure reforms are taken forward quickly.

In addition, the inquiry will ensure where commitments have been made to legislate “when parliamentary time allows”, these are pursued as a priority. These include handing greater powers to the Gambling Commission to support enforcement.

Evidence deadline

The APPG will hold a series of oral evidence sessions as part of the inquiry and also accept evidence or submissions from interested parties. Any feedback must be submitted by 11 July.

The inquiry will seek opinion on opt..

June 6, 2023

Sorare: From pressure point to new regulations

Sorare has updated its operating model in France, and gambling regulator ANJ is yet to confirm whether it meets its regulatory criteria, writes Jake Pollard. However, news that the French government is working to pass new regulations for Web3 “pioneers” shows how important the sector is to the French authorities.

In a statement posted on Medium, Sorare said it had updated its product roadmap as a “temporary solution”.

This decision was taken in accordance with “the French National Gaming Authority [l’Autorité National des Jeux (ANJ)] that creates an optional alternative method of entry for users based in France only”.

Essentially, Sorare has increased free-play access to its fantasy sports leagues for players in France. Even if the French language version of the company’s statement, unlike the English text, mentioned that the new method of entry would be available to players “without blockchain cards”.

A marker of regulatory pressure

Overall, the move by Sorare is a marker of t..

June 5, 2023

Episode 17: More on Brazil plus US sports betting updates

Brendan Bussmann and Brandt Iden talk about the latest developments in US sports betting legislation, as well as more from Brazil, in episode 17 of the World Series of Politics.

We start by revisiting Brazil sports betting, the focus of our last episode, as the regulatory process undergoes yet more evolutions.

From a provisional measure to a bill in Brazil

Brazil sports betting looked set to pass through a provisional measure (PM) which Hugo Baumgartner outlined in episode 16.

However that PM is likely to be turned into a bill, which sets up even more legislative hurdles. Other forms of gambling such as integrated resorts may be incorporated into the process.

While this could expand the market, it could also result in the bill failing to pass. Brendan says “it’s clear as mud” as to what’s likely to happen now. There’s plenty more to discuss in a future episode of the World Series of Politics.

More pain for Missouri sports betting

Next we pivot to US sports betting, where Misso..

May 23, 2023

MA regulator “frustrated” by DraftKings betting violations

Commissioners from state gambling regulator, the Massachusetts Gaming Commission (MGC), said they were “frustrated” by DraftKings' betting violations.

DraftKings reported itself to the Commission after discovering it had offered bets on the tennis UTR pro-series, which is not an approved betting event in the state.

The MGC’s Investigations and Enforcement Bureau (IEB) looked into the case. The wagering took place over a 12-day period from 10 March to 22 March.

During this time, players placed 864 bets on three events for a total handle of $7,867. DraftKings said the reason the error took place was because of a “miscommunication” between its trading and trading compliance teams.

The fault occurred after the operator copied a list of tennis offerings from a different jurisdiction without verifying if the event was approved in Massachusetts.

After discovering the issue, the DraftKings returned stakes to the players who had placed a bet, as well as removed any winnings and return..

May 4, 2023

New York greenlights $455m racing Belmont development

On 2 May, New York State lawmakers approved the FY2024 budget, which included funding for a $455m (£362.0m/€412.2m) loan to renovate and upgrade the Belmont Park race track.

Non-for-profit racetrack operator the New York Racing Association (NYRA) is charged with developing the project to build the new thoroughbred racing facility at Belmont Park.

The NYRA said that the “significant” construction development would have no cost to tax payers, due to being funded through loans that the operator is obliged to pay back to the state government.

Belmont Park’s existing grandstand and clubhouse are to be replaced with a new building, designed to “reflect the evolution” of racing and wagering since the site was last redeveloped in 1968.

In keeping with the declining popularity of racing in New York, the new construction is to be smaller, with the current 1.25 million square foot facility set to be replaced with a 275,000 square foot structure.

According to the NYRA, the new building is to..

April 14, 2023

Episode 15: A win in Kentucky, plus Texas, North Carolina and more

Last week the World Series of Politics asked where all the regulatory wins were in the 2023 legislative session, and, around a day after it went live, Kentucky sports betting was signed into law.

As Brendan Bussmann says, gaming tends to be the last issue for lawmakers to consider in the session and this year is no different. Earlier in the session Kentucky looked like a “sleeper state”, Brandt Iden says, making it a great win for the session.

Kentucky sports betting’s passage was “a classic case of bipartisanship”, he adds, with the governor, Republicans and Democrats coming together to make it happen.

Missouri and North Carolina sports betting set for photo finish?

Next up is North Carolina, a state with tribal sports betting already live, where a bill to expand the market is working its way through the legislature.

Brendan is increasingly bullish on the Tar Heel State. He says attitudes on gaming are changing as more southern states look at legislation, with more efforts to..

April 6, 2023

Missouri sports betting efforts stall in senate

Efforts to authorise sports wagering in the Missouri hit a brick wall on Wednesday as proponents of video lottery terminals (VLT) sought to introduce a number of poison pill amendments to the bill.

Senate Bill 30 – which has the support of both casinos and major professional sports teams – seeks to legalise sports wagering in Missouri.

All of the state’s neighbours have either authorised sports betting, or are in the process of doing so. Last week, the Kentucky governor, Andy Beshear, signed House Bill 551 into law, paving the way for state-wide sports betting, and making Missouri one of the final states in the region to legalise the activity.

The proposed law – introduced by Senator Tony Luetkemeyer – is the companion bill to House Bill 556, which was sponsored by a bi-partisan coalition of Republicans and Democrats.

Casinos in Missouri – many of which are casino boats – will be able to partner with up to three operators

The legislation would allow each licensed casino in the sta..

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Tag: regulation