Daily Archives: April 14, 2024

Maryland legislature fails in online gambling expansion – iGaming Business

Posted: April 14, 2024 at 7:09 am

The old adage "in like a lion, out like a lamb" is an apt comparison for the prospects of online casino in Maryland.

While interest and discussion werent limited to March, as far back as last autumn, operators, vendors, suppliers, consultants, lawmakers and many others in the US gambling landscape were shouting about the prospect of Maryland legalising online casino.

On Monday (8 April) those prospects went out without a peep when the general assembly adjourned with no action on gambling.

The loss, as the gambling industry will see it, is the second key one this session. Ten days earlier, the Georgia general assembly ended its term without legalising digital sports betting. That meant the two states projected to have the best chance at a gambling expansion failed to produce.

In Georgia, lawmakers remain bogged down in how to spend proceeds rather than whether or not to support the legislation. Negotiating went on nearly until the final minutes of the session.

In Maryland, had lawmakers considered online gambling on the final day, it would have been to send a referendum to voters to determine whether or not they want it but with no framework.

Legislators legalised sports betting the same way and came back after voters approved in November 2020 to hammer out details and develop regulations.

Across the country, few opportunities for gambling expansion remain alive in state legislatures. Some of the ones that do have little possibility of passing.

Hopes in Minnesota became far more complicated last week when the states racing commission passed regulations to allow for historical horse racing.

Considered by many a violation of the states promise of gambling exclusivity to its tribes, that decision resulted in several new gambling bills in the legislature that expressly ban HHR.

The time that lawmakers will spend prohibiting HHR and tangling with the gaming commission is time taken away from negotiating a deal that could allow for statewide online sports betting.

Zack Stephenson, the house sports betting sponsor and chair of the Commerce Policy and Finance Committee, responded to the racing commission by filing a bill that explicitly prohibits HHR.

That was initially scheduled to be heard in Commerce on Monday (8 April) but, after the introduction, the committee broke for a floor session. Stephensons bill, and one filed in the senate, will be heard in committees on 9 April.

At a meeting following the racing commissions decision last week, Stephenson said, Thats a total non-starter. It will not happen. It will not be part of a sports betting deal. Bright red line in the sand.

Track representatives say Stephensons bill feels retaliatory. Running Aces VP of marketing and operations Aaron Dedessem told KAAL TV: This is a ridiculous bill that, if implemented, will put us out of business.

Heres a look at other states where some form of gambling expansion isnt dead yet, but isnt really alive, either:

In state that doesnt even have a lottery, the comprehensive package of bills that would have legalised lottery, up to 10 retail casinos and physical and digital sports betting, is now sitting with a conference committee.

Tasked with bridging gaps in the tax rate, how to handle the Poarch Band of Creek Indians gambling exclusivity and other key issues. The legislature is set to adjourn on 20 May.

With less than a week left in the session, two bills that would give the states four tribes control on online casino and shut out two existing brick-and-mortars Churchill Downs, Inc, and Penn Entertainment both came out of committee with divided report(s). The legislature is scheduled to adjourn on 17 April.

Last week the senate gaming committee held a meeting that was literally less than two minutes long and passed a strike-all version of a sports betting bill in an effort to keep the conversation in Jackson going. Two related bills died in committee late last week. The legislature is scheduled to adjourn on 5 May.

At least one of the myriad sports betting bills has moved onto the houses informal perfection calendar, which means it can be discussed on the floor. But there remains little consensus in Missouri and one senator continues to want to tie legal wagering to legal video lottery machines, something that has previously been a non-starter.

The states pro sports teams are attempting an end-around by gathering signatures for a sports betting initiative that would go on the November ballot.

That truly could be the most realistic shot for an expansion of gambling anywhere that is still in play. The legislative session ends on 17 May and the pro teams have until early May to collect the needed 171,592 verified signatures to get on the ballot.

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Maryland legislature fails in online gambling expansion - iGaming Business

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Maryland online casino legalization push falls flat – EGR North America – EGR Global

Posted: at 7:09 am

Hopes that online casino would be legalized in Maryland this year have been dashed after the topic failed to feature during the final state legislative session of the year on Monday, April 8.

There was some hope in the Old Line State that online casino would be legalized as the House passed an amended bill on March 16, which advanced it to the Senate.

House Bill 1319 was approved by a vote of 92-43 in March, but it was always going to face a tough test in the Senate following a series of amendments initiated by its sponsor, Delegate Vanessa Atterbeary.

The changes included a ban on using credit cards to fund accounts, a stipulation not present in the states current sports betting laws.

The number of licensees would potentially have more than doubled from 12 to as many as 30, with a license costing $1m for five years and renewal fees of around 1% of the respective licensees annual average profit in the three years prior to the renewal.

The amended bill also included a proposed tax rate of 55% for online slots and table games, while live dealer games would be taxed at a minimum of 20%.

However, despite this late approval in the House, the bill to legalize online casino was not included in the General Assemblys legislative agenda for its final meeting of the calendar year on Monday.

Even if the Senate had passed the bill, it would have still have needed approval from Maryland voters, with the referendum question being at the polls for the Presidential election in November.

Now, with the bill missing the 2024 deadline, the next opportunity to put the question to the voters might not arise until the next Governor of Maryland general election, which is scheduled to take place until November 3, 2026.

The pace of online casino regulation has stagnated in the US, with just seven states offering the vertical.

Currently, New Jersey, Pennsylvania, Connecticut, Delaware, Michigan, West Virginia, and Rhode Island are the only markets that have regulated the sector.

Rhode Island became the latest state to offer regulated igaming after launching with Ballys as an effective monopoly operator in March.

In New York, Senator Joseph Addabbo Jrs igaming bill, SB S4856, filed in January, hit a stumbling block after gambling legalization was not included in Governor Kathy Hochuls executive budget for 2025.

Following this omission, the senator said at a conference in New York in March that igaming regulation in the state would become a necessity for lawmakers to plug fiscal gaps in budgets as a result of the pandemic.

The legalization of online casino in the Empire State has faced staunch opposition, with unions arguing that legalizing the vertical would hurt brick-and-mortar workers and benefit only a few select operators.

In response, Senator Addabbo said SB S4856 includes a $25m fund to protect land-based venues, adding that the only way this issue can move forward is if all parties are willing to discuss and negotiate.

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Mississippi Online Sports Betting Bill Likely Heading to Conference Committee – Sports Betting Dime

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Oct 8, 2022; Nashville, Tennessee, USA; Mississippi Rebels running back Quinshon Judkins (4) celebrates with quarterback Jaxson Dart (2) after scoring against the Vanderbilt Commodores during the second half at FirstBank Stadium. Mandatory Credit: Christopher Hanewinckel-USA TODAY Sports

Mississippi online sports bettings fate is likely heading to a conference committee of House and Senate representatives.

Its been an interesting two weeks for Rep.Casey Eures(HB 774) Mississippi Mobile Sports Wagering Act. Last week the bill was approved by a Senate gaming committee, but stripped of all its sports betting language before being moved ahead to the Senate as a means to continue work and negotiations on the legislation.

The Senate approved the bill this week by a 36-15 vote with a reconsideration motion. The motion was not taken up on Thursday afternoon, and the legislation will likely now head to a conference committee for further discussion.

Eures sports betting bill was stripped of all its sports betting language by the Senate gaming committee last week as a means to move the bill along, according to committee chairman Sen. David Blount (D-29).

If people are talking, its a good thing. We want to continue to let them do that. We want to continue to move the bill along. There are a lot of issues that we need to consider, from the perspective of the industry and also from the perspective of the consumer, that we will do if we get to the point where we might be able to get something done this year. In the meantime, we dont want to stop people from listening to each other and working, he said at the committee meeting.

The House version of the bill allows each of the 26 Mississippicasinos to partner with a sports betting company to offer online sports betting throughout the state. Currently, online sports betting is only legal while on casino property.

The bill was moved forward to the Senate and approved Tuesday, but a motion to reconsider was made during that time. Blount proposed tabling the motion to reconsider Thursday afternoon and his motion was accepted.

The bill that was held on the motion simply brings forth the code sections that were in the bill originally passed by the house. There is no new language and I anticipate the house will invite conference when we send it back to them, Blount said.

If a conference is requested by the House, which Blount believes it will do, representatives from both chambers will meet to negotiate what the bill will include. Sports betting will certainly again be considered by the conference members.

Mississippis legislative session is scheduled to end on Sunday, May 5.

The House-approved bill dedicates all online sports betting tax revenue into the states emergency road and bridge repair fund.

The bill includes a tiered tax system for adjusted sports betting revenue as follows:

Each operator will also have to pay an additional 4% in gross revenue into the road and bridge repair fund. Operators would have to pay a maximum of 12% in adjusted gross revenue to the state depending on their revenue each month. Based on fiscal estimates, the state could see annual sports betting tax revenues anywhere from $25 million to $35 million each year.

There are currently 26 commercial dockside and land-based casinos in Mississippi. Under this bill, each would be eligible to partner with one sports betting company to offer online sports betting in the state. However, there are no limits to how many casinos each sports betting operator can partner with. So, in theory, Mississippi could have just a handful of sports betting operators partnering with all of the casinos in the state.

Gambling Regulatory Writer and Editor

Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.

Gambling

Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.

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BitStarz Bitcoin Casino: Multi-award Winning Crypto Casino – Is It Legit or Not Worth the Money? | Covington-Maple … – Covington-Maple Valley…

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One of Bitstarzs notable drawbacks is the geographic restrictions imposed on players from certain countries, including the United States, the United Kingdom, Spain, France, and Italy. These limitations are due to licensing and regulatory issues and can significantly deter players residing in these regions.

While Bitstarz is fully licensed and regulated by the government of Curacao, some players and critics perceive this license as less prestigious than others, like the Malta Gaming Authority. This perception can affect the casinos reputation despite its compliance with gambling regulations and its commitment to fair play. However, Bitstarz has been a legitimate casino online portal since 2014, accumulating customer satisfaction.

Despite its numerous positive attributes, Bitstarz has faced criticism on platforms like TrustPilot, where it has encountered lower ratings. Some complaints revolve around identity verification issues and enforcing terms and conditions, particularly during withdrawals. While such feedback is expected in the online gambling industry, it underscores the importance of transparent communication and the consistent application of policies.

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Although Bitstarz offers attractive bonuses, the wagering requirements attached to these bonuses can be stringent. This aspect might need to be revised in the perceived value of the bonuses, as players must meet these conditions to withdraw any winnings derived from bonus funds. Its a common practice across online casinos, but players should know it.

Bitstarz has been accused of artificially inflating its rating on review sites by posting fake reviews. While this practice is intended to enhance the casinos image, it can diminish trust among potential players. Transparency and authenticity in customer feedback are crucial in maintaining a casinos integrity and reputation.

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The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

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BitStarz Bitcoin Casino: Multi-award Winning Crypto Casino - Is It Legit or Not Worth the Money? | Covington-Maple ... - Covington-Maple Valley...

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25 Best Crypto & Bitcoin Casinos to Play at in 2024 – Cryptonews

Posted: at 7:09 am

Last updated: April 9, 2024 02:08 EDT | 32 min read

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25 Best Crypto & Bitcoin Casinos to Play at in 2024 - Cryptonews

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Best Live Bitcoin Casino Sites 2024 – Crypto Gambling & Betting – Riverfront Times

Posted: at 7:09 am

The world of live BTC casino sites offers a thrilling avenue for online gambling enthusiasts who value the added security and anonymity of cryptocurrency. These platforms seamlessly blend the classic atmosphere of traditional brick-and-mortar casinos with the cutting-edge technology of digital currencies. Players can immerse themselves in their favorite table games, such as blackjack, roulette, and baccarat, streamed in real-time, creating an engaging experience that feels like being seated right at the table, all from the comfort of home.

As Bitcoin and other cryptocurrencies continue to make waves across various industries, it comes as no surprise that the online gambling sector has also undergone a revolutionary transformation. Crypto-based live casinos not only ensure fast and secure transactions but also provide exclusive bonuses and promotions that are simply too enticing to pass up. However, navigating this burgeoning space requires some guidance to ensure players are engaging with reputable sites that prioritize both security and entertainment.

Diving into the heart of live BTC casino sites, this review section offers a detailed examination of the best platforms available today. Each site has been meticulously evaluated based on a range of crucial factors, including game variety, user experience, security measures, and the overall reliability of their services.

One of the most striking aspects of Wild.io is its generous welcome bonus, which can reach up to a staggering 350% across the first three deposits. This substantial offering is further enhanced by the inclusion of 200 free spins on selected video slots, providing new players with ample opportunities to explore the platform's vast game selection without risking their own funds.

But the bonuses don't stop there. Wild.io ensures that regular players are consistently rewarded through a range of ongoing promotions and a comprehensive loyalty program. The Monday Spins Extravaganza, for instance, allows players to earn up to 200 free spins each week, while the Wheel of Fortune bonus presents a chance to win various prizes with each qualifying deposit. These initiatives demonstrate the casino's commitment to providing value to its players beyond the initial sign-up phase.

The platform's game library is another area where Wild.io truly shines. With over 4,000 titles to choose from, players are spoilt for choice. The selection spans a wide range of genres and themes, catering to diverse player preferences. Whether you're a fan of classic slots, cutting-edge video slots, or the thrill of live dealer games, Wild.io has you covered.

However, it's worth noting that Wild.io does not feature a sportsbook, which might be a drawback for players seeking a comprehensive gambling platform that includes sports betting. For those primarily interested in casino games, though, this omission is unlikely to be a significant concern.

Another potential limitation is the fact that access to the site might require a VPN in certain jurisdictions. This indicates some geographical restrictions on the platform's availability, which could be an inconvenience for players in affected regions.

Despite these minor drawbacks, Wild.io's overall package is impressive. The substantial welcome bonus, extensive game selection, and player-friendly features combine to create a compelling destination for crypto casino enthusiasts. The platform's intuitive interface and mobile compatibility further enhance its appeal, ensuring that players can enjoy a seamless gaming experience across devices.

Wild.io has swiftly established itself as a standout player in the Bitcoin casino realm. Its generous bonuses, vast game library, and commitment to player satisfaction set it apart from the competition. While the absence of a sportsbook and some geographical limitations may be drawbacks for some, the platform's strengths far outweigh these concerns. For those seeking a top-notch crypto casino experience, Wild.io is definitely worth exploring.

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For casino gamers, Jackbit delivers a plethora of options, including slots, table games, and live casino experiences, powered by leading game developers like NetEnt, Pragmatic Play, and Microgaming, to name a few. The platform's slots collection is particularly vast, offering everything from classic fruit slots to the latest themed and branded slots. Table game enthusiasts are not left wanting either, with a rich selection of classic card games and unique variations available.

One of Jackbit's notable features is its approach to welcome bonuses and promotions. Instead of traditional deposit matches, new players can claim 100 free spins on the Book of Dead slot, with the enticing advantage of zero wagering requirements, meaning what you win is immediately yours. The sportsbook section doesn't lag behind, offering innovative promos like the "Betting 3+1" deal, where the fourth wager comes free after placing three straight bets, adding an extra layer of excitement to sports betting.

However, it's not all sunshine and rainbows; the platform has its drawbacks. The absence of a dedicated mobile app and a conventional welcome bonus for casino players might be seen as downsides. Yet, for those who value a wide variety of games and the flexibility of cryptocurrency transactions, these might be minor inconveniences compared to the overall gambling experience offered.

When considering the overall package, Jackbit's strengths lie in its extensive game selection, especially in the slots department, and its crypto-focused features. The platform's commitment to providing a diverse range of gaming options and its innovative approach to bonuses and promotions set it apart from the competition. The zero-wagering free spins offer is particularly attractive, as it allows players to enjoy their winnings without the usual strings attached.

Jackbit proves to be a compelling option for crypto gambling, offering an extensive game library and innovative promotions. While it could improve in areas like mobile accessibility and live dealer game variety, its strengths in game selection and crypto-focused features make it a noteworthy contender in the online gambling arena. As the platform continues to evolve and refine its offerings, it has the potential to become a true powerhouse in the world of cryptocurrency gambling.

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With an expansive selection exceeding 5,500 casino games from over 35 premier software developers, including industry heavyweights like Betsoft, Evolution, and NetEnt, Flush Casino solidifies its position as a key contender in the crypto casino domain. This crypto casino, established in 2020, is known for its smooth user experience, offering a rich selection of slots, live casino games, and a unique set of Flush Originals. The platform supports nine popular cryptocurrencies for both deposits and cashouts, catering to the digital currency enthusiast with ease.

New users at Flush Casino are welcomed with open arms and lucrative bonuses. The sign-up promotion unfolds in two tiers, rewarding deposits from $10 to $200 with a 100% match, and those from $200 to $1,000 with a 150% match, making it a flexible option for players with varying bankrolls. Additionally, the VIP Club at Flush rewards loyal players with a range of perks from free spins to cash backs, enhancing the gaming experience as you climb through its levels.

One of the standout features of Flush Casino is its extensive game library, which caters to a wide range of player preferences. The platform's partnerships with leading software providers ensure a steady stream of high-quality games, from classic slots to immersive live dealer experiences. The Flush Originals add a unique touch, offering exclusive games that can't be found elsewhere.

The casino's embrace of cryptocurrencies is another strong point, as it allows for fast, secure, and anonymous transactions. With support for nine popular digital currencies, Flush Casino makes it easy for players to deposit and withdraw funds without the hassle of traditional banking methods.

Despite its many strengths, Flush Casino is not without its drawbacks. The platform has faced criticism for its wagering requirements on bonuses, which apply to both the deposited and bonus amounts, potentially making larger deposits less attractive. This aspect could be more clearly communicated to players to ensure transparency and manage expectations.

Flush Casino stands out for its comprehensive game library, attractive bonus schemes, and the convenience of cryptocurrency transactions. While it navigates some challenges, its overall offering is solid, appealing to both newcomers and seasoned players looking for a crypto-friendly gaming environment. As the platform continues to evolve and refine its services, it has the potential to become a go-to destination for cryptocurrency casino enthusiasts.

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Stake differentiates itself in the competitive arena of Bitcoin live casino sites with a unique combination of gaming, sports wagering, and exclusive promotional events. Launched in 2017 and boasting a license from Curacao, this platform provides a secure and diverse gambling environment that caters especially well to cryptocurrency enthusiasts. What sets Stake apart is its extensive range of casino games and sports betting options, appealing to a broad spectrum of players.

While the absence of a traditional welcome bonus might initially seem like a drawback, Stake more than makes up for this with its innovative daily races and weekly giveaways. These unique features not only keep players engaged but also offer them a chance to win substantial prizes based on their activity on the site. This approach to promotions demonstrates Stake's commitment to providing a dynamic and rewarding gaming experience.

One of Stake's strongest suits is its massive game library, which boasts over 3,000 titles from leading software providers. Whether you're a fan of slots, table games, or live dealer options, you'll find plenty to keep you entertained. The platform's partnerships with top-tier game developers ensure a steady stream of high-quality and diverse gaming options.

But Stake isn't just about casino games. The site also features a comprehensive sportsbook that covers a wide range of sports and esports, offering competitive odds and a user-friendly betting interface. This addition makes Stake a one-stop-shop for gambling enthusiasts, catering to both casino and sports betting fans.

From a technical standpoint, Stake excels in providing a secure and user-friendly platform. The site's Curacao license adds a layer of credibility and trust, while its focus on cryptocurrency transactions ensures fast, secure, and anonymous banking options for players.

The platform's sleek design and intuitive navigation make it easy for players to find their favorite games and place bets with ease. Whether accessed via desktop or mobile, Stake offers a seamless gambling experience that is both visually appealing and functionally smooth.

Stake offers a crypto gaming experience that is hard to match. Its extensive game library, comprehensive sportsbook, and innovative promotions combine to create a platform that caters to a wide range of gambling preferences. Coupled with its focus on security and user-friendliness, Stake has rightfully earned its place as a top choice for cryptocurrency gambling enthusiasts. As the live Bitcoin casino landscape continues to evolve, Stake is well-positioned to remain a frontrunner in this exciting and ever-growing industry.

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As a trailblazer in the live Bitcoin casino market, BC Game is celebrated for its substantial welcome offer and a broad selection of games. Since its launch in 2017, it has established a robust platform that not only supports a vast range of cryptocurrencies but also offers over 8,000 games from 50+ different software providers, including industry giants like Red Tiger and Evolution Gaming.

One of the most striking aspects of BC Game is its incredibly generous welcome bonus, which can reach up to 360% for new users over their first four deposits. This offer is a testament to the platform's commitment to attracting and rewarding new players. But the generosity doesn't stop there - BC Game also provides daily promotions, ensuring that even regular players have opportunities to boost their winnings.

The platform's extensive game library is another major draw. With over 8,000 titles from more than 50 software providers, players are spoilt for choice. Whether you're a fan of slots, table games, or live dealer experiences, BC Game has something to suit every preference. The inclusion of games from industry leaders like Red Tiger and Evolution Gaming ensures a high-quality and diverse gaming experience.

BC Game also places a strong emphasis on user experience, particularly for mobile users. The site is optimized for mobile play, with the vast majority of its games accessible on smartphones and tablets. This mobile-friendly approach ensures that players can enjoy their favorite games on the go, without sacrificing quality or variety.

For cryptocurrency enthusiasts, BC Game is a particularly appealing choice. The platform supports a wide range of digital currencies, offering a convenient and secure way to deposit and withdraw funds. However, it's worth noting that the site has limited support for fiat currencies, which might be a drawback for some players.

Another potential downside is the imposition of small withdrawal fees for cryptocurrencies. While these fees are relatively minor, they can add up over time, especially for frequent players.

Despite these limitations, BC Game offers a compelling package for crypto casino fans. The platform's generous bonuses, extensive game selection, and user-friendly design combine to create a rewarding and enjoyable gambling experience. The comprehensive VIP program and daily spin winnings add an extra layer of excitement and reward for loyal players.

BC Game is a standout player in the live Bitcoin casino scene. Its innovative approach, generous promotions, and wide-ranging game library make it a top choice for cryptocurrency gambling enthusiasts. While the limited fiat support and withdrawal fees might be drawbacks for some, the overall experience offered by BC Game is impressive. As the platform continues to evolve and expand, it's likely to cement its position as a leading force in the world of crypto casinos.

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One of the most distinctive aspects of Gamdom is its focus on social gaming. The platform encourages player interaction through features like live chat, allowing users to engage with each other while playing their favorite games. This social element adds a unique dimension to the traditional online casino experience, fostering a sense of community and making the gaming experience more immersive and engaging.

In terms of game selection, Gamdom offers an impressive array of options. From classic slots to immersive live dealer games, the platform caters to a wide range of player preferences. The inclusion of proprietary titles like Gamdom Crash, Roulette, and HiLo adds an extra layer of exclusivity and excitement, offering players unique gaming experiences they won't find elsewhere.

Another notable strength of Gamdom is its payment flexibility. The platform supports a broad spectrum of cryptocurrencies and fiat options, ensuring that users from around the world can easily deposit and withdraw funds. This inclusivity is a testament to Gamdom's commitment to providing a seamless and accessible gaming experience for all players.

Security and fairness are also top priorities for Gamdom. The platform's Curacao eGaming license is a mark of its adherence to strict industry standards and regulations. Moreover, Gamdom's commitment to provably fair gaming enhances transparency and trust among its players. By employing advanced cryptographic techniques, the platform ensures that all game outcomes are random and unbiased, giving players peace of mind and confidence in the fairness of their gaming experience.

While Gamdom offers an impressive array of features and benefits, there are a few areas where the platform could potentially improve. For instance, the absence of a dedicated mobile app might be a drawback for some users who prefer the convenience of mobile gaming. Additionally, while the platform's bonuses and promotions are attractive, they may not be as extensive as those offered by some competitors.

Despite these minor limitations, Gamdom excels as a comprehensive gambling platform that caters to the modern player's needs. By combining traditional casino elements with innovative social features and a wide range of betting markets, Gamdom offers a unique and engaging gambling experience. The platform's commitment to security, fairness, and payment flexibility further enhances its appeal to a global audience.

Gamdom is a standout player in the live Bitcoin casino market. Its focus on social gaming, extensive game selection, and strong security measures set it apart from the competition. As the platform continues to innovate and evolve, it is well-positioned to remain a leading choice for players seeking a dynamic, engaging, and trustworthy online gambling experience.

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One of Lucky Block's most notable features is its user-friendly approach to registration and transactions. The platform offers the convenience of signing up via Telegram, making the process quick and easy for users. Additionally, the integration of WalletConnect for deposits and withdrawals streamlines the transaction process, allowing players to manage their funds seamlessly.

The casino's innovative approach extends to its bonuses, offering a generous 200% matched deposit bonus with minimal wagering requirements. This player-friendly bonus structure sets Lucky Block apart from many competitors, as it allows players to enjoy their bonus funds with fewer restrictions. Furthermore, the platform's exciting airdrop opportunities add an extra layer of excitement for cryptocurrency enthusiasts.

Lucky Block's game selection is another area where the platform shines. With a diverse array of games from leading software providers, players can enjoy a wide range of high-quality slots, live casino games, and table games. Whether you're a fan of popular slot titles or prefer the immersive experience of live casino games, Lucky Block has something to offer.

For sports betting enthusiasts, Lucky Block also offers a comprehensive sportsbook. This addition makes the platform a one-stop-shop for online gambling, catering to both casino and sports betting fans.

The platform's use of blockchain technology is another standout feature. Lucky Block even has its own cryptocurrency, LBLOCK, which offers unique promotional opportunities for users. This integration of cutting-edge technology demonstrates the platform's commitment to innovation and staying at the forefront of the crypto casino industry.

While Lucky Block has many strengths, there are a few areas where the platform could potentially improve. For instance, the website's design, while functional, may not be as visually appealing as some competitors. Additionally, while the platform's game selection is impressive, some users might prefer an even wider variety of games.

Despite these minor limitations, Lucky Block's overall package is compelling. The combination of a wide range of gaming options, user-friendly features, generous bonuses, and innovative use of blockchain technology makes it a strong contender in the crypto casino market.

Lucky Block offers a cutting-edge and comprehensive crypto casino experience. Its user-friendly approach, diverse game selection, generous bonuses, and integration of blockchain technology set it apart from the competition. As the platform continues to evolve and expand, it is well-positioned to attract a wide range of players seeking a high-quality and innovative online gambling experience.

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One of Thunderpick's standout features is its extensive game library, which offers an impressive variety of options for players. With over 4,000 games to choose from, including a wide selection of slots, table games, and live casino offerings, there's something to suit every taste and preference. The platform's partnerships with leading software providers ensure that players have access to high-quality, engaging, and innovative gaming experiences.

In addition to its casino offerings, Thunderpick boasts a comprehensive sportsbook that covers a wide range of sports and eSports events. The platform's competitive odds and user-friendly betting interface make it an attractive choice for sports enthusiasts and eSports fans alike.

Thunderpick's welcome offer is another notable aspect of the platform. New users are greeted with a 100% bonus, striking a balance between generosity and attainable wagering requirements. This approach demonstrates Thunderpick's commitment to providing value to its players while maintaining a fair and transparent bonus structure.

But the promotions don't stop there. Thunderpick keeps players engaged with a variety of ongoing offers, including massive Drops & Wins, weekly giveaways, and races that allow users to compete for substantial prizes. These innovative promotions add an extra layer of excitement and reward to the gaming experience, ensuring that players always have something to look forward to.

From a security standpoint, Thunderpick operates with a license, providing players with peace of mind and assurance of a safe and fair gaming environment. The platform's focus on catering to cryptocurrency users further enhances its appeal, offering fast, secure, and anonymous transactions.

While Thunderpick has many strengths, there are a few areas where the platform could potentially improve. For instance, while the website's design is functional and user-friendly, some players might prefer a more visually striking or immersive interface. Additionally, while the platform's customer support is generally responsive and helpful, the addition of more comprehensive FAQs or educational resources could further enhance the user experience.

Despite these minor limitations, Thunderpick's overall offering is impressive. The combination of an extensive game library, competitive sportsbook, generous promotions, and secure environment makes it a top choice for players seeking a comprehensive and engaging online gambling experience.

Thunderpick is a powerhouse in the live Bitcoin casino realm, offering a wide range of gaming and betting options that cater to the needs and preferences of cryptocurrency enthusiasts and eSports fans. The platform's commitment to innovation, security, and player satisfaction sets it apart from the competition, solidifying its position as a leading choice in the market. As Thunderpick continues to evolve and expand, it is well-positioned to remain at the forefront of the industry, delivering a top-notch online gambling experience to its users.

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One of the most distinctive aspects of Roobet is its array of proprietary games, such as Crash Dice, Instant Dice, and Mines. These games provide a provably fair, skill-based betting experience that sets Roobet apart from many of its competitors. The inclusion of these unique games, alongside a solid sports coverage, caters to both casual players and those looking for the thrill of live esports events betting.

Roobet's commitment to user experience is evident in its attractive, modern interface and mobile-optimized site, ensuring smooth navigation and gameplay across devices. The platform's dedication to continuously tweaking and enhancing its usability based on player feedback demonstrates a strong focus on providing the best possible player experience.

Another standout feature of Roobet is its generous promotions. The platform offers a range of bonuses and rewards that provide value to both new and existing players. These promotions, combined with the platform's extensive game catalog, create a compelling and engaging gaming environment that keeps players coming back.

From a banking perspective, Roobet's crypto-only approach has both advantages and limitations. On the one hand, the focus on cryptocurrencies ensures fast, secure, and anonymous transactions, which is a significant draw for many players. However, this crypto-centric approach may limit the platform's appeal to players who prefer to use traditional fiat currencies.

Despite this limitation, Roobet's overall package is strong. The combination of a wide game selection, attractive user interface, generous promotions, and commitment to security makes it a top choice for cryptocurrency enthusiasts looking to gamble online.

In terms of areas for improvement, Roobet could potentially benefit from expanding its banking options to include fiat currencies, which would broaden its appeal to a wider audience. Additionally, while the platform's customer support is generally responsive and helpful, the addition of more comprehensive FAQs or educational resources could further enhance the user experience.

Roobet is a sleek and engaging crypto gambling platform that offers a compelling experience for players. Its focus on a streamlined, crypto-centric approach, combined with its range of unique games, player-friendly promotions, and commitment to security, sets it apart in the competitive online gambling market. While the crypto-only banking may be a limitation for some, Roobet's overall package is strong and well-suited to the needs and preferences of cryptocurrency enthusiasts. As the platform continues to evolve and refine its offering, it is well-positioned to remain a leading choice in the world of crypto gambling.

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When exploring the world of live casinos, it's crucial to keep a keen eye on several critical aspects to ensure a secure and enjoyable gaming experience. Here's a rundown of the must-have features and considerations:

Understanding these elements in depth provides a comprehensive framework for evaluating the trustworthiness and quality of live BTC casinos. Beyond flashy games and big bonuses, the fundamentals of fairness, security, and support are key pillars that sustain a positive and secure gambling environment. By prioritizing these critical aspects, players can make informed decisions and enjoy a safe and enjoyable live BTC casino experience.

Bitcoin (BTC) emerged from the shadows of the 2008 financial crisis, introduced as an antidote to the vulnerabilities of the traditional banking system. Its creator(s), operating under the pseudonym Satoshi Nakamoto, envisioned a financial world where transactions could be made directly between parties, without the need for intermediaries like banks. The foundational whitepaper laid out the blueprint for a decentralized, peer-to-peer electronic cash system, introducing the world to blockchain technology.

At its core, blockchain technology is a type of database that is distributed across a network of computers. Each block in the chain contains a number of transactions; every time a new transaction occurs, a record of that transaction is added to every participant's ledger. This decentralization is crucialit means no single entity has control over the entire chain, making Bitcoin resilient to censorship and fraud. The technology ensures that every transaction is securely encrypted and immutable, meaning once a transaction is recorded, it cannot be altered or deleted.

Bitcoin mining is the process by which new bitcoins are entered into circulation. It's also a critical component of the maintenance and development of the blockchain ledger. Mining involves solving complex computational math problems that validate transactions in the network. In return for their efforts, miners are rewarded with new bitcoinsthis serves as an incentive to keep the network secure and operational. The process is energy-intensive and requires sophisticated hardware, contributing to ongoing debates about the environmental impact of cryptocurrency mining.

Bitcoin's implications extend far beyond its use as a currency. It has opened the door to the development of a vast ecosystem of cryptocurrencies and blockchain applications. Innovations like smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs) all trace their roots back to the concepts introduced by Bitcoin. These applications promise to transform industries by providing new ways to conduct transactions, manage contracts, and secure data.

The journey of Bitcoin from an obscure digital token to a widely recognized form of currency has been tumultuous. Its value has seen dramatic fluctuations, drawing the attention of investors, speculators, and regulators worldwide. Despite its volatility, Bitcoin has gained acceptance among retailers, financial institutions, and even some governments, solidifying its role as a legitimate asset class.

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Best Live Bitcoin Casino Sites 2024 - Crypto Gambling & Betting - Riverfront Times

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Could online gambling provide millions to fight sea-level rise in Florida? – Key Biscayne Independent

Posted: at 7:09 am

Gov. Ron DeSantis signed a new law Thursday that could pump hundreds of millions of dollars into Floridas struggling environment from an unlikely source: online gambling.

Theres just one catch. Opponents to Floridas compact with the Seminole Tribe are hoping to get the U.S. Supreme Court to throw out the deal.

Under the bill, passed by lawmakers this year, 96% of the proceeds from the lucrative compact worked out in 2021 would go to secure a wildlife corridor carved out of rural lands between the southern tip of Florida and the Panhandle as well as fight sea rise flooding and worsening impacts from climate change.

Of about $750 million in revenue expected every year, the law requires at least $100 million to be set aside for the corridor and another $100 million deposited into the Resilient Florida Trust Fund to deal with worsening flooding and sea level rise caused by climate change.

Another $100 million would be divvied up between the Florida Fish and Wildlife Conservation, Department of Agriculture Services and state parks department to manage lands and fight invasive species like Burmese pythons.

Whatever is left would be used to address worsening water conditions around the state.

In his remarks, DeSantis dismissed the court battle.

We werent even a party to it, he said. It was a DC thing, but nevertheless got a negative outcome in the district court. And then it won on appeal. So the compact is in place and were getting revenue share and thats good.

But the owners of Magic City Casino say the deal gives the Seminole Tribe a monopoly for online gambling throughout Florida. They want U.S. justices to decide whether it violates the Florida Constitution, which only allows gambling on tribal lands under a compact granted through Indian Gaming Regulatory Act.

Intheir requestto the court to hear the case, Magic City wants the court to decide whether the gaming act would authorize a compact that essentially creates a monopoly; whether it violates online gambling laws by allowing internet sports betting where its otherwise prohibited; and whether Secretary of Interior Deb Haalands approval of the compact violates equal protection laws by making online gambling legal for the tribe while a felony for all others.

Last month, Magic Cityfailed to persuadeFloridas Supreme Court that DeSantis and his Cabinet improperly exercised their authority when they agreed to the more expansive online gambling compact.

U.S. justices have given Magic City and the Interior Department until April 12 to make their case for why the court should consider the matter.

Jenny Staletovich is WLRN's Environmental Reporter. Her work appears under a partnership between WLRNand the Key Biscayne Independent.

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Could online gambling provide millions to fight sea-level rise in Florida? - Key Biscayne Independent

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Atlantic City Casinos Profit Declines: What’s Behind the Numbers? – Point Spreads

Posted: at 7:09 am

3 days ago0 100 2 minutes readGambling News

Imagine Atlantic City. Boardwalks, flashing lights, the constant clink of coins it used to be a gamblers paradise. But heres the betting news report that, while online gambling in New Jersey is booming, Atlantic Citys casinos actually saw their profits shrink in 2023.

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This has everyone scratching their heads. Numbers dont lie, and these numbers are showing a surprising reality for this iconic city. Is it the rise of online casinos? Maybe stricter smoking laws? Whatever the reason, Atlantic Citys casinos are facing some tough challenges.

While betting online has witnessed exponential growth in New Jersey, the brick-and-mortar casinos in Atlantic City have struggled to maintain their profitability. Contrary to some beliefs, studies suggest that online sports betting activities often complement rather than cannibalize traditional casino revenue streams.

However, the recent decline in profits among Atlantic Citys casinos raises questions as to the extent to which online gambling contributes to overall industry dynamics.

According to Jane Bokunewicz, an expert at Stockton University, costs are increasing and Atlantic Citys casinos are facing stiff competition for your dollars. Even though theyre showering us with free stuff free rooms, meals, drinks, even chances to win its tough to keep the lights on.

This is making things tough for these iconic places and casino operators are wondering how they can bounce back.

The same forces that might be tightening visitors purse strings inflation, increased consumer prices are also forcing operators to dig deeper into their pockets, she said.

Lets talk winners and losers in Atlantic City casinos for 2023. Borgata took the top spot with a cool $226.1 million in operating profit, followed closely by Hard Rock at $125.5 million.

Ocean wasnt far behind with $117.2 million, a jump of nearly 22% from the previous year. Tropicana also saw a profit of $93 million, though that was down slightly from 2022.

The rest of the story isnt quite as rosy. Harrahs saw profits dip to $80 million, down almost 10%. Caesars and Ballys also experienced profit declines, with Caesars dropping to $51.7 million and Ballys coming in at $11.1 million.

However, its worth noting that Ballys actually turned a profit in 2023 compared to a loss in the previous year. Resorts saw their profits plummet to $9.5 million, a significant drop of over 50%.

Heres another interesting tidbit: only four casinos Borgata, Hard Rock, Ocean, and Tropicana managed to surpass their pre-pandemic profits from 2019. This could be partly explained by the well-deserved pay raises casino workers received through a contract reached in 2022.

Atlantic City casinos were less profitable in 2023 even with a boost from New Jerseys booming online gambling market. https://t.co/M8B2ybjWg6

FORTUNE (@FortuneMagazine) April 9, 2024

The debate over smoking regulations adds another layer of complexity to Atlantic Citys gaming landscape. While some argue that banning smoking could enhance revenue and job prospects, citing successful precedents in smoke-free casinos in other states, casinos contend that such measures would place them at a competitive disadvantage.

With profitability already on the decline, the prospect of stricter smoking regulations raises concerns within the industry about potential revenue losses and job cuts. As stakeholders weigh the economic implications of smoking policies, the future trajectory of Atlantic Citys gaming sector remains uncertain.

For gambling news, odds analysis, and more, visit Point Spreads Sports Magazine.

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Atlantic City Casinos Profit Declines: What's Behind the Numbers? - Point Spreads

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Best Online Casinos for Real Money in April 2024 – ReadWrite

Posted: at 7:09 am

Weve put together this guide to help you find the best real-money online casinos. Since not all online casino sites are created equally, some provide higher RTP games, more exclusive promotions, and the newest real money casino games and live dealer options.

Discover the platforms our team of experts determined will provide an unrivaled online gambling experience. Keep reading to learn more about these online casinos, how to sign up with them, and claim top welcome offers.

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So, lets look at some of the best games available:

The main reason you should play real money casino games is because they are fun. The thrill of tossing dice and successfully predicting the outcome or hitting spin and landing on a winning payline: that alone should be enough to make you want to play casino games online for real money.

See the rest here:

Best Online Casinos for Real Money in April 2024 - ReadWrite

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Thailand sees Philippines gambling billions, Singapores resorts and rolls the dice on casinos in hopes of cashing in – South China Morning Post

Posted: at 7:09 am

That appears certain to change, however, as the Thai government wagers on legalised casinos to bring in a windfall of tourism, jobs and taxes. Prime Minister Srettha Thavisin is in a hurry to get the legislation moving, aware that it will take up to five years to carve out regulations, approve bids and then build the integrated resorts with their hotels, concert halls, conference centres and licensed gaming areas. Thailands Prime Minister Srettha Thavisin wants to get the ball rolling on legalising casinos. Photo: AP

We do not want to promote gambling, but would rather supervise it and use the investment to create jobs, Srettha wrote on social media platform X on March 29. We can regulate the grey economy and collect taxes.

Late last month, Thailands lower house overwhelmingly approved a study recommending the development of entertainment complexes with casinos at their heart to be funded and built by private capital, and regulated with revenues taxed at around 17 per cent.

The casino plan was endorsed on Tuesday by the cabinet, paving the way for legislation to be formally introduced to parliament for a full debate.

Sretthas administration has prescribed a stiff cocktail of state spending and foreign investment to perk up a sickly growth rate thats forecast by the World Bank to barely touch 2.8 per cent this year far behind Thailands regional rivals.

Thai officials speculate casinos could eventually boost gross domestic product by 2 per cent annually, with industry insiders predicting that the gaming sector may rake in US$5 billion a year by the end of the decade, on the back of the kingdoms healthy tourist numbers.

Its early days, said Samuel Yin, an analyst at Maybank Investment Banking Group, but the signs are promising, as the opening of an entirely new market for gambling is a once in a decade event.

Thailands recent moves have already caught the attention of the big integrated-resort players, including Las Vegas Sands Corp., operator of Singapores Marina Bay, MGM and Asias biggest casino operator, Genting.

During a January earnings call, Las Vegas Sands Chairman and CEO Robert Goldstein said Thailand was firmly on the companys radar, enthusing: wed love to have a presence [there] in the future.

But others are hedging their bets, unsure of whether the big casino push will really be the ace in the hole that Thailands government expects.

Any revamp of the Buddhist kingdoms Gambling Act must carefully appease a health lobby concerned about addiction rates; religious conservatives worried about breaches of morality; and clean-government advocates who are sceptical about who will ultimately harvest the bounty of a new multibillion-dollar market in Thailands top-down economy.

Some politicians say we should have one or two casinos only, some say for foreigners only, said Taopiphop Limjittrakorn, a lawmaker for the opposition Move Forward Party and a former member of the committee examining the gambling laws.

His party says the key is liberalising completely, with clear guardrails to protect minors and rehabilitate addicts, so that new legal revenues can be made across the country.

If you have strict rule of law, if you enforce the law and minimise the social problems, I think we should deregulate fully [and] not let the gambling industry become another monopoly, he said.

With Thailands first legal casino unlikely to open before 2028, Somporn still has a long wait before she is able to make her first lawful bet in a lifetime of gambling and shes not alone.

At her level, the stakes are small. Somporn says she usually bets less than 200 baht (US$5) a day teased by the prospect of winning up to 100 times that amount.

Prime Minister Srettha says it is time to turn Thailands predilection for gambling into an asset rather than a criminal slush fund.

We want to get rid of the influential people who come with this illegal business and bring the income to develop the country, he said on X.

Getting the regulations right and then properly enforcing them is the real challenge, observers say.

Its exciting because Thailand is already Southeast Asias tourism juggernaut, said Maybank IB analyst Yin, of a country expecting 40 million visitors this year.

But the prime minister has to spend his political capital properly will Thailand try to employ the junket model which supercharged Macaus growth but led to a lot of money laundering, or will there be a local Thai entry levy similar to that in Singapore?

Singapore is the regional gold standard for new casino markets, pulling in billions of dollars in gaming revenue since launching in 2010. It enforces strict entry rules: gamblers must be over 21 and any Singaporean or person with permanent residency has to pay S$150 (US$111) per 24 hours to play.

It also operates an exclusion policy for problem gamblers, which can be activated by concerned family members or the casinos themselves.

Both of the city states casinos are spending heavily on upgrades to their non-gaming offerings, as Asias post-pandemic tourism rebound looks set to continue throughout 2024.

Marina Bay Sands plans to add a new 15,000-seat entertainment arena, additional conference spaces and a brand new luxury all-suite hotel tower with a public rooftop.

Just a stones throw away is the Resorts World Sentosa, which will also be getting a makeover, with a new Minion Park and Super Nintendo World at the Universal Studios Singapore and an expanded aquarium called the Singapore Oceanarium.

Marina Bay Sands casino revenue surged to US$741 million in the fourth quarter of last year, up 84.3 per cent year on year, figures released in January by parent company Las Vegas Sands show.

Thanks to it already being one of Asias top tourist draws, Thailands entry into the regional casino market is likely to force its competitors to up their game.

Gentings Resorts World Sentosa and NagaCorps Naga 1 and 2 in Cambodias Phnom Penh will be the most exposed to Thailand entering the market, according to a Maybank IB briefing note, as all three rely heavily on overseas customers.

The Philippines, which is expanding its casino offerings amid a strong recovery in tourist numbers, could also see its gaming revenues nibbled and eventually gnawed into by Thailand, with its better air and land connections to the rest of Asia.

For all the buzz around Thai casinos, Singaporean housewife Rebecca Lim*, 61, said she thought they were unlikely to woo many casual gamblers from the city state.

I dont think Singaporeans would specially make the trip to a casino when theyre in Bangkok since there are so many options here, she said.

Only time will tell, but Maybank IBs Yin said it was possible Southeast Asias gambling market could simply grow to accommodate new players without necessarily crushing the older ones.

When Singapore, just over the border from Malaysia, opened its Marina Bay Sands resort, everybody said Malaysian gaming is doomed he said. But it wasnt.

Malaysians lament end of holiday highs as Thailand considers cannabis U-turn

Intense speculation about Malaysias gaming sector erupted in late February after news broke that two of the three casinos at the Resorts World Genting hillside holiday destination in Pahang state had shut.

The company later clarified that the closures were temporary as part of efforts to improve our operational efficiency and enhance the gaming and entertainment experience for guests.

It did not say how long the renovations would take, but banking analysts expect the two casinos to be back in action by next year.

News of the Thai governments plans to approve casino licences has whipped up much excitement across the countrys southern neighbour, many of whose avid gamblers can frequently be found on the Mekongs gaming floors.

Another solid reason to visit, wrote Facebook user Simon Khoo in a comment about Thailands casino plans. We are OTW, said Allistair Tan, using the acronym for on the way and suggesting that Thailand build casinos in Hat Yai and Betong, a short hop from the border with Muslim-majority Malaysia.

Tourism operators, gamblers and government revenue departments across Southeast Asia are all poised to benefit from Thailands plans, but none so much as the big hitters in the casino world and their Thai partners who stand to become the gatekeepers to billions of dollars in gambling revenue annually.

Much work remains to be done, Fredric Gushin, CEO of global consultancy Spectrum Gaming Group, told This Week in Asia. [But] the recent expansion of gaming by the two IRs [integrated resorts] in Singapore and the expansion of gaming in the Philippines, along with legalisation of gaming in Thailand, promise to offer tourists and gamers increasing opportunities in an increasingly competitive market throughout Southeast Asia.

Thailands existing gambling laws date back to 1935 and ban all but state-sanctioned forms of betting.

But critics say legislation that is routinely flouted has lost the country untold billions in taxes, while allowing nefarious figures to build criminal empires on illegal bookmaking.

The internet has revolutionised access and the ease with which people can gamble, making most of what is on Thailands statute books obsolete and in need of a thorough revision.

At the same time, Prime Minister Srettha is looking to open up those parts of the economy that have long atrophied through a lack of competition or because of old laws.

13:19

The dark world of Asias online casino industry

His governments new gambling bill has received bipartisan support in the lower house, as well as industry approval so far.

It recommends a competitive tax regime and a basic framework for legalised casino gaming, said Spectrum Gaming Groups Gushin. The next step would be to formulate a gaming law and standards for operation [that] should attract considerable international interest on the part of gaming operators, investors and the financial community.

Thailands first gaming licences are expected to go to a handful of global companies with the clout to build and run vast entertainment complexes with casinos at their heart.

They are likely to be joint ventures between foreign companies and local Thai partners, holding 20-year licences that are renewable every five to give the government some leverage. As in Singapore, Thais are expected to face an unspecified levy to enter and be subject to bans if bad behaviour or gambling addiction is reported.

Assuming two years to finalise a regulatory framework and three years to construct, the first EC [entertainment complex] may only open in 2029, Maybank IB said in its briefing note.

For gamblers, the new law will simplify a Thai passion that millions already partake of every day. Football punter Nattawut rejects the idea that a new wave of addicts will emerge if casinos open in Thailand for a simple reason: people are gambling anyway, online or on the street.

Are Galaxy, MGM casinos betting on Thailand amid Macau shift?

Nattawut, who only gave one name, places bets on European football games with a local motorcycle taxi rank who works for a bookmaker in suburban Bangkok a chain of illegal gambling thats so common in small communities across the country that he says its almost mundane.

We know where the opposition to changing the law comes from, he said. It is from those who stand to lose the most.

*Name changed at interviewees request

Originally posted here:

Thailand sees Philippines gambling billions, Singapores resorts and rolls the dice on casinos in hopes of cashing in - South China Morning Post

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Daily Archives: April 14, 2024

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