New laws regarding betting minimums, taxes and more are being discussed The Philippine government is weighing potential updates to its gambling laws, with a focus on tightening oversight for online betting platforms. Proposals under consideration include setting a PHP100 minimum bet, charging higher entry fees similar to Singapore’s casino model, and introducing stronger “Know Your
Tag: legislation
Sri Lanka’s Controversial Plans for Gambling Face New Criticism
The country’s financial leaders feel the gambling regulations drafted don’t go far enough to offer protection Sri Lanka’s plans to overhaul its gambling regulations are facing renewed criticism from lawmakers, with the country’s Committee on Public Finance (CoPF) warning that delays and weak provisions in the proposed Gambling Regulatory Authority (GRA) Bill could undermine oversight
Montenegro Becomes the Latest Country To Undergo Major Gambling Reforms
While the US is still behind in gambling expansion, other countries recognize the benefits Montenegro has enacted sweeping changes to its gambling laws, introducing a modernized regulatory framework aimed at tightening oversight while maintaining economic benefits for the sector. The reforms replace the country’s outdated concession system with a licensing model supported by real-time digital
$70 Billion at Stake as Brazil Contemplates Land-Based Gambling Changes
Lawmakers are still debating whether to bring back legalized land-based gambling Brazil’s long-standing debate over legalizing land-based gambling is heating up again as lawmakers prepare to revisit Bill PL 2.234/22, a proposal that could unlock massive economic potential. The bill, which outlines a framework for legalizing casinos, bingo halls, slot machines, horse betting, and the
Ecuador’s President Looking for Major Gambling Reforms
President Daniel Noboa is looking to reverse a long-standing ban on casino gambling Ecuador’s President Daniel Noboa is putting gambling reform back on the table, signaling a possible return of casinos more than a decade after they were outlawed. Noboa recently confirmed that Ecuadorians will have the opportunity to vote on the matter in a
Vietnam To Explore Reformed Casino Laws for Locals
The country continues to open more doors for local gamblers Vietnam is taking another look at allowing locals to gamble in casinos through a revised legal framework currently under consideration. The Ministry of Finance has proposed reinstating and adjusting a pilot program that previously allowed economically eligible Vietnamese citizens to enter casinos, provided they met
Virgin Islands Moves to Update Gambling Laws
The changes come as global gaming continues to gain in popularity The US Virgin Islands is making strides toward modernizing its gambling laws, with a renewed focus on legalizing internet gaming and sports betting. This follows more than 20 years of inactivity on the territory’s online gambling framework, despite legislation on the books since 2001.
Thailand Casino Project Won’t Move Forward Without Public Support
Lawmakers will only move forward with public support, which continues to wane Thailand’s push to legalize casino resorts has stalled amid growing public resistance and political instability, despite early momentum and significant economic potential. The country’s proposed Entertainment Complex Bill, which once appeared likely to pass by the end of the year, has been pulled
Georgia Lawmakers Once Again Debating Gambling Legalization
The state has a perfect track record of refusing to embrace gambling and betting Georgia lawmakers are revisiting the long-standing debate over gambling legalization, with the newly formed House Study Committee on Gaming recently holding its first meeting. The committee aims to evaluate the pros and cons of expanding gambling options in the state, including
Ohio Governor Convinced Gambling Expansion Not Needed
Gov. Mike Wine has repeated expressed his opposition to online gambling in the state Ohio Gov. Mike DeWine is standing firm against the expansion of gambling in the state, making it clear that he will not support the legalization of online casinos during his remaining time in office. Speaking at the Ohio State Fair on
Chicago Considering Gambling Changes as It Seeks More Revenue
The Windy City could open its doors to more gambling options in the near future Chicago city leaders are considering expanding gambling options in a bid to generate additional revenue without raising taxes on residents. Two new ordinances have been proposed that would bring video gambling machines to O’Hare and Midway airports, as well as
House To Discuss Cryptocurrency Bills After GOP Lawmakers Blocked the Measures
The next two years will be crucial for the development of cryptocurrency regulations in the US The House of Representatives is preparing for another attempt to move forward with key cryptocurrency legislation after a procedural vote fell short yesterday due to resistance from within the Republican Party. Speaker Mike Johnson confirmed that a second vote