Maine advances latest sports betting effort
Summary: Maine’s latest try at sports betting legalization advanced Wednesday, but it remains unclear if this newest effort will end the same way as multiple previous attempts. Why it matters: This newest proposal would grant online sports betting licenses to the state’s federally-recognized tribes and retail sportsbooks to a handful of other gaming entities in […]
Esports Trade Association launches regulation advisory committee
Summary: A group of gaming industry veterans formed the Regulated Videogames and Esports Committee, under the Esports Trade Association banner. The group aims to function as an advisory group to state gaming agencies, sportsbooks, and game operators in regards to esports betting regulation. Why it matters: Esports betting hasn’t caught on in the U.S. quite […]
Gambling industry opens to federal cryptocurrency oversight
Summary: The Biden administration announced plans to create a national policy for the use of cryptocurrency that was welcomed by the gaming industry. Why it matters: If their use is regulated, cryptocurrencies could enable online operators to generate substantial revenues from crypto-funded wagering.Cryptocurrencies are already widely used in online sports betting and gaming in the […]
MGC Chairperson discusses gambling advertising restrictions
MGC Chairperson on the deluge of gambling advertising accompanying legal sports betting“The content may be just fine, right? It may be fine. But if it’s just hitting us, hitting us. Should sports betting be legalized in Massachusetts, that prevalence will become just a very significant matter.”- Cathy Judd-Stein, Chairperson, Massachusetts Gaming Commission (Source Link)March 15, […]
Massachusetts regulators consider strict gambling restrictions
Summary: During a Massachusetts Gaming Commission meeting, Mark Vander Linden, the MGC’s research and responsible gaming director, presented several recommendations for curbing gambling advertisements, including several highly restrictive policies. Why it matters: Massachusetts isn’t shy about imposing first-of-its-kind and strict regulations, evidenced by the state’s implementation of two responsible gambling programs at land-based casinos, PlayMyWay […]