Operators have until the end of the year to become fully registered The Brazilian government added normative Ordinance 827 to the Official Diary of the Union on May 21. It outlines the stipulations for operators seeking iGaming and sports betting licenses in Brazil. Gaming operators will have an “adjustment period” until December 31, 2024, to
Tag: legislation
Rhode Island bill would allow casinos to double gamblers’ credit
Bally’s hopes to increase the credit it can issue gamblers from $50,000 to $100,000 Rhode Island Senate President Dominick Ruggerio is backing legislation to allow Bally’s-operated Rhode Island casinos to double their gambling credit limits to $100,000. However, many interested parties have concerns about the latest proposal. According to The Providence Journal, some of the points in
Bill on casinos in Brazil may face new delays
The bill is coming up for review this week, but lawmakers expect to postpone discussion Gambling opponents in Brazil continue efforts to postpone advancing Bill 2.234/2022, which authorizes one casino project per state and the Federal District. São Paulo would be allowed up to three casinos, with Rio de Janeiro, Minas Gerais, Amazonas, and Pará, limited
New York bill hopes to expedite licensing process
Senator Addabbo has filed a bill that would force New York to consider casino applications sooner Sen. Joseph Addabbo and Assemblyman Gary Pretlow (D-Mount Vernon) have proposed a last-minute bill to speed up the current process for granting casino licenses in New York. The bill requires operators to submit bids by July 31 and allows
There’s little chance New York’s online poker bill advances in 2024
Senator Addabbo may have submitted his bill too late to be considered this session A bill to legalize online poker in New York was left off the agenda before last week’s meeting of a Senate committee to discuss the issue. This means the chances of passing legislation in 2024 could be shelved for now. The Senate Committee on Racing, Gaming, and
US Senate shows SEC overstepped its reach with cryptocurrency rule on banks
Lawmakers approve legislation that overturns a recent SEC decision on how banks work with crypto A joint resolution recently passed by the US Senate calls for the US Securities and Exchange Commission (SEC) to overturn restrictions on financial institutions conducting business with cryptocurrency firms. US Senators passed H.J. Res. 109 by a 60-38 vote on
Texas lawmaker sides with anti-casino group amid legislative discussions
A significant number of lawmakers would try to stop casino legalization in the state Texas House of Representatives candidate Cheryl Bean recently restated her opposition to developing casino resorts in The Lone Star State. On May 28, she will face John McQueeney in the Republican primary runoff for the Texas House District 97 seat. Bean
Ontario’s online gaming market safe following Superior Court of Justice ruling
A judge rules that the province isn’t breaking any laws by allowing commercial online gaming The Ontario Superior Court of Justice has ruled on online gaming regulation. The court rejected an application by the Mohawk Council of Kahnawàke (MCK) to permit online gaming within the province, strengthening the legality of iGaming Ontario (iGO). iGaming Ontario unites with the
Brazil to impose 15% tax on online gaming winnings
The tax rate has been confirmed through new legislation and federal regulations The Federal Revenue Service (RFB) of Brazil has introduced the tax framework for online gambling winnings ahead of the highly anticipated launch of the country’s regulated Bets market. Projected to be the biggest markets in Latin America, the final outcome could be decided
Alabama’s chances for gambling expansion officially dead in 2024
Lawmakers can’t find a way to add new casinos and a lottery this year The 2024 Alabama legislative session ended on Thursday before lawmakers could pass two contentious bills to legalize gambling in the state. Gov. Kay Ivey also announced that she won’t call a special session to continue debating the gambling bills. House members voted on
Cryptocurrency mixers could be banned in the US under new legislation
The Blockchain Integrity Act would prevent all crypto mixers for two years Cryptocurrency mixers, services that anonymize crypto transactions by pooling funds and then distributing them to different addresses, could soon be a thing of the past in the US. A recently introduced bill, the Blockchain Integrity Act, proposes a two-year ban on these services,
Alabama gambling legislation appears dead as the clock winds down
Today’s the end of the legislative session, and there’s been no progress on gambling expansion As the clock ticks down its final minutes of the Alabama legislative session today, hopes for the legalization of casinos and a lottery appear to be fading fast. Despite early discussions and proposals, a lack of consensus and strong opposition from some corners have