Gambling in the USA
Sports Betting in Tennessee Moves Forward
Legislation enabling mobile online gambling in Tennessee has passed a key House committee.
“We saw this as an opportunity for Beale Street to have people from the world coming and just thought it would be a great economic opportunity for us,” House Minority Leader Karen Camper said.
Gov. Bill Lee said that he remains opposed to expanding gambling in the state but added he will look at every bill that reaches his desk to decide whether he’ll sign it.
“We try to work with legislators to make a bill as palatable and as beneficial as it can be, but if we can’t get it to a point where we think it’s acceptable, then I won’t sign it. But this bill is moving and we’ll see where it ends up,” Lee said
Sponsored by state Rep. Rick Staples, a Knoxville Democrat, House Bill 1 took several meetings in the State Committee before it emerged on a voice vote and was referred to the Government Operations Committee, where rules will be considered.
Staples amended the bill early in the process to remove brick-and-mortar wagering establishments and turned it into an online gambling app in which 10 licenses would be issued through the Tennessee Lottery. Companies would pay a 20 percent privilege tax and a $750,000 fee to start doing business.
Camper, a prime co-sponsor of the legislation, is hoping this will be the first step for sports betting in Tennessee, considering Shelby County is losing millions in gambling revenue annually to Mississippi casinos and Arkansas wagering. Other lawmakers point out thousands of people gamble illegally already and Tennessee is collecting no revenue on an underground operation.
“I think once members see the benefit to us fiscally and the revenue it’s going to generate for our state, it may be another opportunity for compromise,” enabling wagering to expand to building locations, Camper said.
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.
The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.
Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”
The Tribe is taking steps to support both its employees and community partners during this transition period:
Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.
Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.
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