GO CRAPS strategy view showing real-time roll history and flexible betting options.
Connect with us
GO CRAPS strategy view showing real-time roll history and flexible betting options.

Latest News

The Gambling Battle for Governor of Kentucky

Published

on

 

In November 2023, Kentucky held its gubernatorial election, which pinned Andy Beshear, the Incumbent Democratic governor, against Daniel Cameron, the Republican state attorney general. The race was won by Beshear, who attained re-election by winning 52.53% of the vote, in an election that saw the best performance by a Democrat since 2011 and the worst by a Republican. However, it wasn’t the race that generated nationwide media attention as much as the monetary contributions both parties received to back specific interests. Notably, heavy gambling interests put big money on the election.

According to the available data, in 2023, Kentucky’s horse race tracks gave sizeable funds to the Democratic Governors Association (DGA), which forked over around $19 million to back Andy Beshear’s win. Per uncovered IRS reports, the DGA received $50,000 from Revolutionary Racing Kentucky, $200,000 from Kentucky Downs, and a quarter of a million dollars from Churchill Downs in the latter half of 2023. That said, Daniel Cameron’s campaign also got a gambling fund boost, as it was revealed that the Republican candidate obtained $362,000 in contributions through the Republican Governors Association (RGA) from Georgia-based gaming machine manufacturer Pace-O-Matic in 2023 to fuel Cameron’s $12 million bid for governor.

Thankfully, both the RGA and DGA must disclose their expenses and donors to the IRS, which supplies the public with much-needed transparency regarding whose interests governor candidates will seek to look out for. Aside from gambling entities, both Cameron and Beshear noted backing from energy, health, and financial companies. Nonetheless, the gambling total came to somewhere in the neighborhood of $30 million, an impressive sum.

Differing Gambling Interests in Kentucky

As noted above, Kentucky horse race tracks supported Beshear’s second term by providing considerable donations to his campaign. That happened primarily because Beshear legalized sports betting in the state. The bill he passed allowed tracks to open retail lounges that accept wagers on sporting events. Thus, in September 2023, the Governor was the first to place a bet on an athletic competition in Kentucky. He laid a $20 parlay on two home-state college teams at the Churchill Downs track, citing this is the type of entertainment Kentuckians have been looking for for years. He added that allowing this activity will only boost local tourism and make people stay in Kentucky and not flee for Vegas once the NCAA March Madness tournament rolls around.

It should be said that once, the state’s multiple tracks, Cumberland Run, Ellis Park Racing & Gaming, Red Mile Racing & Gaming, Turfway Park Racing & Gaming, Oak Grove Racing & Gaming, Churchill Downs, and Sandy’s Racing & Gaming, established their brick-and-mortar sportsbooks, they also began exploring possibilities branching off into other types of gambling.

So, on one side, the Democrats got chiefly backed by the tracks in Kentucky. And the Republicans got aid from Pace-O-Matic, a company whose twenty-five hundred Burning Barrel games got shut down in June 2023, on the claim that they violated Kentucky law, which does not allow games of chance, even though Pace-O-Matic classifies them as ones of skill, citing that their nature does not cause any conflict with the state’s legislature.

Still, the manufacturer’s machines, widely available across the commonwealth at gas stations and bars, got disabled. That occurred by the rule of law from Governor Beshear, who signed the bill that banned them, proclaiming they feature no regulation, bring in zero in taxation, and only exist to take away hard-earned dollars from Kentuckians. However, venue owners throughout the state have rebelled against the move, stating that these machines help keep them in business, as the money they receive from hosting them is enough to cover their utility bills.

Hence, from everything explained above, it is clear that Beshear is interested in keeping his supporters happy by eliminating their gambling competitors, who looked to back someone else to take his place and change the laws to their benefit.

The Online Casino Situation in Kentucky

While Internet sports wagering is booming in the US, the same cannot be said of interactive gaming, as only seven US states have chosen to permit such gambling sites. Kentucky is not among them, as KY online casinos cannot be run from within the state’s borders. That said, for years, residents have been able to use internationally-regulated platforms based in foreign lands for game-of-chance fun.

Advertisement
Stake - Best Online Casino & Sports Betting Platform

Proposed lawsuits filed in Kentucky’s Eastern District in August of 2023 have raised eyebrows regarding whether this entertainment form is still available to Kentucky’s citizens due to a Lawrenceburg resident, Billi Jo Woods, suing Bovada and Bodog (Morris Mohawk Gaming Group), reputable offshore operators for violating state gambling law.

In the proposed suit, Woods alleged she had lost substantial amounts of money gambling at Bovada/Bodog-operated hubs and is calling about a 19th-century law that declares that Kentuckians can file legal actions against operators who they believe have unlawfully taken funds from them. The grounds for Woods’ suit is that the Morris Mohawk Gaming Group offers online casino gaming to the state’s citizens despite the state not legalizing this activity. Few believe this action will produce meaningful results for Woods, as loads of Kentuckians still use offshore platforms to satisfy their gaming needs.

Compliance Updates

Zimpler Becomes Certified Payment Institution in Brazil, Strengthens Local Open Finance Ecosystem

Published

on

Zimpler Becomes Certified Payment Institution in Brazil, Strengthens Local Open Finance Ecosystem

 

Zimpler, a leading Swedish company in Pay-by-bank solutions, has become a certified Payment Institution (PI) in Brazil, authorized by the Central Bank. Now Zimpler is allowed to facilitate payments and other Open Finance ecosystem resources, streamlining the checkout process and reducing friction by allowing direct transactions without redirecting users to bank apps. This movement solidifies Zimpler’s plans and structure in Brazil.

“We are thrilled to receive this authorization from the Brazilian Central Bank. The recognition of Zimpler as a payment initiator reinforces our commitment to this local market, which offers a great opportunity for growth and value in a very dynamic and competitive environment,” said Johan Strand, CEO of Zimpler.

The authorization, which also allows Zimpler to act as an electronic money institution, strengthens the Open Finance ecosystem in Brazil, one of the most advanced in the world and which now welcomes the leading payments fintech from Sweden. Businesses looking to thrive in the country can now benefit from the Zimpler’s seamless payment experience, giving them a competitive edge in a dynamic and fast-moving market.

“This milestone showcases the strength of Swedish innovation and the mutual benefits that come from closer economic collaboration between Sweden and Brazil. Sweden has long been a leader in financial technology, and we are proud to see companies like Zimpler bring their experience and trusted solutions to contribute to Brazil’s dynamic digital economy,” said Andreas Rentner, Trade Commissioner and Country Manager of Business Sweden in Brazil.

“With our experience powering over 80% of Sweden’s population through Swish, we’re bringing the same proven technology and approach to Brazil through Pix, one of the most successful real-time payment systems in the world. We’re looking forward to helping businesses unlock the full potential of Open Finance in Brazil with seamless, secure payments that drive market growth,” Strand said.

The authorization by the Central Bank is another step in strengthening Zimpler’s foundation in Brazil, following the opening of its São Paulo office in 2022. The company remains focused on expanding its footprint and deepening its partnerships across key verticals such as iGaming, where it sees strong growth potential.

Continue Reading

Latest News

AGS Interactive Makes Market Debut in Connecticut

Published

on

AGS Interactive Makes Market Debut in Connecticut

 

AGS Interactive has made its market debut in Connecticut, taking a selection of its best-performing games live in the Constitution State.

Local players in Connecticut can now enjoy three of AGS’ hit titles, with Capital Gains, Blazing Luck, and Dragon Fa initially available, all proven with both land-based and online players across North America.

AGS plans to roll out its full interactive portfolio, ensuring a steady cadence of new content for operators and players alike.

The launch represents AGS’ sixth regulated US market entry, further extending its footprint across the country and cementing its position as a supplier of beloved land-based classics with cunning interactive forward games.

Zoe Ebling, VP of Interactive at AGS, said: “Entering Connecticut is a huge milestone for us. It’s not just another market, it’s a testament to the momentum our interactive division has built across the US.

“By bringing Capital Gains, Blazing Luck, and Dragon Fa to Connecticut players, we’re giving them a taste of our best-in-class titles right out of the gate. Every new state launch is a fresh opportunity to show operators that AGS doesn’t just deliver games, we deliver experiences that resonate. We’ve seen firsthand how our land-based hits translate online, and we’re excited to roll out even more content throughout the year.”

Continue Reading

Latest News

NFL Announces Partnership with ICRG

Published

on

NFL Announces Partnership with ICRG

 

The National Football League (NFL) announced a partnership with the International Center for Responsible Gaming (ICRG) to address growing concerns around gambling behaviors among college athletes and students. The NFL Foundation will contribute $600,000 over three years to support independent, peer-reviewed research being led by the ICRG that aims to explore the prevalence, risk factors, and impacts of gambling behaviors in these populations.

While initial studies have indicated that college athletes may be at higher risk for gambling problems, there remains a lack of comprehensive, current data on how college populations interact with online sports betting platforms. This NFL-ICRG initiative will empower independent researchers to explore a wide range of topics with the goal of informing data-driven prevention strategies, education, and policies aimed at reducing gambling-related harm. Grant applications will be peer-reviewed prior to the selection of the final recipient by the ICRG Independent Scientific Advisory Board.

Additionally, the NFL will fund an update to the ICRG’s “Talking with Children About Gambling” educational resources to equip parents, coaches, and educators with practical guidance to help prevent youth gambling exposure before college. Educational materials will be widely available online and distributed to schools, community sports organizations, and youth programs nationwide.

“We’re proud to partner with the ICRG to advance research that can drive meaningful solutions and address a critical gap in the understanding of gambling behaviors among college athletes and students. This initiative reflects our ongoing commitment to promoting responsible gambling and fostering a safe and supportive environment for athletes, fans, and communities,” said Anna Isaacson, NFL senior vice president of social responsibility.

“The NFL has once again demonstrated its commitment to player and fan protection by supporting this critical research targeting young adults. The NFL and ICRG together will make a meaningful contribution to understanding and implementing policies and programs that support a safer gambling environment,” said Arthur Paikowsky, president of ICRG.

Continue Reading

Trending

GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

Copyright © 2018 – 2025, HIPTHER. All Rights Reserved.