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Licensing Requirements for New US Casinos
When it comes to new online casinos, the situation of sites operating in the United States is a unique one.
Whilst globally renowned as a force in casino games and gambling, the US continues to impose strict restrictions when it comes to gambling both online and offline. In fact, the practice is only legal in a handful of states such as Nevada, Delaware and New Jersey.
In this article, we will take a look at licensing requirements for new US casinos, assessing how newcomers to the American online casino game go about securing a license to operate in the US.
Letâs get started with a look at the current legal situation of gambling in the United States.
Online gambling in the United States of America: The Current Legal Situation
Across the United States, the majority of forms of betting and gambling are illegal thanks to the Federal Wire Act. In recent times however, many campaigners and lobbyists for the gambling business have gained newfound hope of imminent legalization across the board.
A 2018 Supreme Court decision overturned a 1992 decision to outlaw sports betting across the nation, potentially opening the door just a tiny bit to the industry. Indeed, the fact that illegal bookmakers and card games throughout the USA are worth hundreds of billions of dollars per year makes this eventuality a seeming certainty.
With that said, for all of the noise around the legalization of gambling, there remains to be any real progress made on the legislative level.
How do new US casinos obtain a license?
For newcomers to the online casino game looking to operate in the United States, the route is a fairly simple one to understand, if not necessarily to follow through on.
Simply, three states have a legalized and regulated online gambling systems in place. These are Nevada, New Jersey and Delaware. Both California and Pennsylvania remain in discussions to legalize online gambling, yet this may take years to finalize.
Playing at online casino sites with a license in the US important for player safety. Sites such as this UK reviews website provide quality information on licensing for many online casino sites.
For new US casinos, obtaining a licensing in one of the states that offer them is of paramount importance. Letâs take a closer look at how these three states regulate gambling and provide licenses to prospective casino sites.
Licensing Requirements in Nevada
As home to Las Vegas, Nevada is well known to be a gambling mecca across the globe. Yet few people know that the Nevada Gaming Commission and the Nevada Gaming Control Board also regulate online gambling in the state, which has been legal since 2013.
At present, these regulatory bodies only allow casinos with a Nevada license to provide games to players within Nevada. Online sites with a Nevada license include Bovada.
Licensing Requirements in New Jersey
In New Jersey, the story is similar to that of Nevada. Since 2012, the state has offered itâs residents access to a wide range of new US casino sites offering everything from card games to slots and more.
Naturally, only players from NJ are able to access these sites, which include big names such as Bwin and 888.
Licensing Requirements in Delaware
Delaware is known as a progressive, small state in the US northeast. Having legalized online gambling in 2012, the state provides residents with access to a quality selection of new US casinos.
Compliance Updates
Tennessee Sports Wagering Council Takes Action Against Illegal Sportsbook
The Tennessee Sports Wagering Council through its executive director issued $50,000 in fines to Bovada.lv, an unlicensed and therefore illegal sportsbook operating in Tennessee.
Bovada failed to comply with cease and desist letters delivered to addresses in Curaçao, and Council investigators placed wagers through Bovadaâs platform on three separate occasions, including as recently as October 16, 2024.
The Sports Gaming Act authorizes the Council to impose a $10,000 fine for the first offense of accepting wagers without a license, which rises to $15,000 for the second offense, and $25,000 for the third offense. Subsequent offenses may lead to the imposition of a $25,000 fine for each occurrence, an occurrence being a single wager accepted in Tennessee.
In the cease and desist letters, the Council ordered Bovada to allow all Tennessee users to withdraw any funds currently held by the unlicensed sportsbook.
âThe Sports Wagering Council recommends that Tennessee users of Bovada withdraw their funds immediately. Our primary role is the protection of the public interest through a safe, regulated environment, and Tennessee sports bettors need to know that just because they can access a sports betting website or app inside Tennesseeâs borders does not mean it is licensed to do business here,â Mary Beth Thomas, Executive Director of Tennessee Sports Wagering Council, said.
Legal sportsbook operators provide important bettor protections not found in the illegal market. If an individual wagers with unlicensed sportsbooks, their sensitive financial and personal information may not be protected and could even be shared with criminal enterprises. The bettorâs money could be withheld or disappear without a way to recover it.
The SWC is working closely with its network of law enforcement at the state and federal level to eradicate illegal sportsbooks such as Bovada and others.
Tennessee is the largest âonline-onlyâ sports betting market in the US, with more than $4.7 billion wagered in Tennessee last fiscal year through online sportsbooks licensed by the Council.
Gambling in the USA
Phoenix Link by Aristocrat Gaming Now Lighting Up Casino Floors
The hottest new game from Aristocrat Gaming, Phoenix Link, is now live on casino floors, with Yaamavaâ Resort & Casino being the first in North America to offer the highly-anticipated game. As the next evolution of the international hit game, Dragon Link, Phoenix Link features player-favorite mechanics from top games with all-new themes, features, and bonuses.
âWe have been humbled by the incredible global fanfare Dragon Link has received over the years but are never ones to rest on our laurels. The teams have been working tirelessly on a follow-up that brings together all the player-favorite elements in a new and exciting way with Phoenix Link as the proud result. We were thrilled to partner with Yaamavaâ to premiere Phoenix Link with flair, excitement, and celebration,â said Victor Duarte, executive vice president of product for Aristocrat Gaming.
Phoenix Link players will enjoy the gameâs additional denominations, configurations, and jackpots on each of the launch game theme titles. Gameplay features include Hold & Spin, Free Games with multiplier wilds or twin spin reels, Phoenix Mystery trigger, and more new bonus twists. Phoenix Link is available on the Neptune Single cabinet.
âYaamavaâ is thrilled to host yet another world premiere in gaming with the launch of Phoenix Link by Aristocrat Gaming. Our Club Serrano members are already raving about this captivating extension of the player-favorite Dragon Link. Itâs a great addition to the Yaamavaâ gaming floor,â said Kenji Hall, General Manager of Yaamavaâ Resort & Casino at San Manuel, said.
Latest News
Panel on the benefits of regulation in the Mexican iGaming market
On November 6, the iGaming industry in Mexico is preparing for a key event in which the benefits and challenges that regulation has brought to the Mexican market will be discussed. Under the title “Benefits of Regulation in the Mexican Market”, this panel will offer an in-depth look at the impact of regulation on transparency, competition and consumer protection, critical issues in the new digital era of iGaming.
The event, moderated by Geraldine Alexandra GarcĂa Torres, Media Manager of Digital Gaming News, will feature the participation of recognized figures in the sector such as Daniel Magariños, representative of BMM Testlabs, and Hermilo Peregrina Cabrera of Prometeo IT Solutions. Both panelists will contribute their extensive knowledge and experience in regulation and certification in the Mexican market, and will analyze with the public the challenges and opportunities that companies face in an increasingly competitive and regulated context.
BMM Testlabs, who will participate as a Gold Sponsor, underlines with its sponsorship the importance of regulation to strengthen the iGaming sector in Mexico and demonstrates its commitment to progress and transparency in the Mexican market. For its part, Kushki joins as a Silver Sponsor, promoting the dialogue and analysis necessary for the industry.
Daniel Magariños, from BMM Testlabs, expressed his enthusiasm for participating in this digital webinar: âIt has been a pleasure to be able to share our comments as a Laboratory on a market like the Mexican one and exchange opinions with a reference like Hermilo and the company Prometeo IT Solutions, with its excellent track record in this market. A relaxed talk with a lot of learning that I hope will be interesting for the attendees.â
For his part, Hermilo Peregrina, from Prometeo IT Solutions, highlighted the relevance of these spaces for dialogue: âThank you to Conferencias iGaming for the invitation to participate in this panel. Thanks to Geraldine for coordinating us, and it was a pleasure to share ideas and opinions with my friend Daniel from BMM Testlabs, who has extensive experience in international regulations and certifications.â
Sponsor Support
The panel has the support of important sponsors who recognize the relevance of regulation in the development of the iGaming market in Mexico. Among them, BMM Testlabs as Gold Sponsor, and Kushki as Silver Sponsor.
Event Details:
Date: November 6
Time: 10:00 a.m. (Mexico)
Registration: Register here
Don’t miss the opportunity to be part of this essential conversation for the future of the industry. Secure your place and access a key analysis on the dynamic iGaming market in Mexico!
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