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United States Gambling Laws Vs Sweden

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United States Gambling Laws Vs Sweden

 

There is no question that gambling has helped play a pivotal role in the development of early America, the expansion of land casinos in the US continues to this day despite online interests and a growing industry.

In early America, gambling was everywhere, it made its way into pop culture with movies and celebrities turning Las Vegas into another all-American dream come true.

This is now almost 100-years ago, so how does the gambling industry work in modern times? We look at how online gambling is regulated and serves players in the US and compare it to how Sweden handles their gambling interests.

US Gambling Laws for Online Casinos

There are a few ways to gamble in America already. There are open sports betting, state-controlled casinos, and the option to safely play online, but all these options are clouded by the unclear laws that leave the gambler not rising the chance of playing when there is entirely nothing to fear.

Online gambling in the US is restricted. This is the same for many countries. Many of the laws circulated more around the financial elements more than the gaming, as money laundering became a huge issue during the 1950s and its impact was a law update in 1961.

Online gambling under federal law is banned, illegal, but this is the grey area, if a state offers a license, online sites registered in the state can run an online service. States that do not offer a license mean that no businesses within these states can create a gambling service online.

Furthermore, players are not prohibited from accessing online casinos that are registered overseas. There is no US law stopping this because there is no way of governing what people do when they are online. This is the area of law that very few American players know about.

Playing online inside foreign casinos isn’t restrictive or complicated. 99% of online casinos are registered in Europe, but this doesn’t mean you have to live there or play with Euro currency. Online casino services function just like any other online service. They can support players playing with US dollars and can pay out in kind also.

These establishments are licensed by regulatory bodies within the E.U which host the UK Gambling Commission and the Malta Gaming Authority to name just two of the six bodies that control the entire online licensing services.

This complex narrative is not just to the annoyance of American’s up and down the country but is also felt across other places like in Sweden, where their gambling laws are just as counterproductive.

Sweden Gambling Laws for Online Casinos

To help explain the laws in Sweden, we spoke with Carita Gustafsson, Editor-in-Chief at Svenskaonlinecasino.info which is a casino online comparison site for Swedish players.

“In Sweden, player’s rights to gamble are held under the care of the state. There are two main gambling acts that cover the lotteries that take place and the casinos that are found in our main cities. Though having these two laws that effectively make gambling legal, it is the state that is only permitted to provide the service and is looked over by Sweden’s own regulatory body. So unlike America, Swedish players are actually left with no choice. Whether it is sports betting or games within bars or gaming centres, it’s a monopoly held by the government. Where the liberties of gambling are shared with US players, is found online.

Our role at Svenskaonlinecasino.info, is to introduce Swedish players to the safer legal options they have online within casinos that are registered outside of Sweden.”

There is a clear indication that whether you play in the US or in Sweden or any other country, as long as the government benefits, your freedoms to gamble and also benefit will be restricted. The full force of the restriction, however, comes through knowledge. Once players are able to understand their rights, they can successfully prosper online through the loopholes that the internet provides, and, to which, no government dares to force unpopular laws upon yet.

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Xpoint Launches Groundbreaking New Product to Reduce Geolocation Costs for Operators

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Trust Mode feature reduces unnecessary location checks by over 20%

Xpoint, a leader in geolocation security solutions, has unveiled its proprietary Trust Mode feature, a patent-pending product that allows online gaming operators to realize previously unattainable efficiencies while remaining compliant with all state regulations and enhancing player satisfaction.

Trust Mode is a product feature that decreases geolocation checks while complying with state-mandated check frequencies by minimizing location checks when a player is connected to a residential or office WiFi, even if they are near the border. Results have shown that Trust Mode reduces geolocation service checks by over 20%, allowing Xpoint customers to realize significant cost savings compared to legacy industry technologies.

“Trust Mode is a clear example of how competition fosters innovation,” the Chief Executive Officer for Xpoint, Manu Gambhir, said. “There is no need to frequently re-check the location of a bettor connected to Wi-Fi at their home despite being located near a state border.

“As well as benefiting operators, end users also benefit from Trust Mode as their battery usage will decrease due to the operator’s ability to reduce the number of location checks for players without accuracy being sacrificed. This technology will serve as a game-changer for operators looking to get the most out of their geolocation service provider.”

Xpoint is licensed and authorized in 20 states and the District of Columbia across its current customer portfolio including names such as Bet365 and PrizePicks. Trust Mode delivers efficiencies to an industry that has remained largely static due to previously low levels of competition. Trust Mode saves iGaming operators money while enhancing user experience. Roll-out for the service is expected later this year.

The company’s flagship geolocation platform for iGaming, Xpoint Verify, is an advanced toolset for geo-compliance. The service is focused on being the most accurate, allowing players in permitted locations and denying all others including those attempting to spoof their location. Xpoint Verify detects and prevents fraud while providing valuable marketing insights to operator customers.

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SBC Summit North America: Stages, Sessions, and Speakers Highlights

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SBC Summit North America: Stages, Sessions, and Speakers Highlights

 

The 2024 SBC Summit North America is set to bring a diverse array of stages, sessions, and esteemed speakers, in an event that promises to deliver numerous opportunities for learning, networking, and collaboration. Let’s delve into the highlights from each day of this groundbreaking summit:

Day 1: The Prelude to Insight

As the curtains rise on the inaugural day of the summit, attendees are greeted with a plethora of engaging sessions spanning regulatory compliance, responsible gambling initiatives, and the latest technological innovations. The stage is set for dynamic discussions and thought-provoking insights as industry leaders converge to explore the intersection of regulation and commercial growth.

Day 2: Navigating the Regulatory Maze

Against the backdrop of New York’s iconic Tribeca 360, day two of the summit takes center stage with a focus on regulatory compliance and responsible gaming practices. Attendees can anticipate deep dives into the complexities of mergers and acquisitions, the role of AI and big data in betting, and the imperative of responsible gambling technology. With expert speakers offering guidance and expertise, participants are empowered to navigate the regulatory maze with confidence and clarity.

Day 3: Charting the Course for Growth

As the summit enters its penultimate day, the spotlight shines on strategies for sustainable growth and innovation in the gaming industry. From exploring the symbiotic relationship between responsible gambling initiatives and long-term profitability to harnessing the power of emerging technologies, attendees are treated to a wealth of insights designed to drive commercial success while upholding the highest standards of integrity and compliance.

Day 4: The Grand Finale

As the final day dawns, anticipation mounts for the grand finale of the SBC Summit North America. Attendees can look forward to a culmination of key insights, actionable strategies, and memorable moments as the industry’s brightest minds come together for one last day of inspiration and collaboration. From live editions of the Safe Bet Show to dedicated conference tracks covering sports betting, iGaming, and leadership, the summit concludes on a high note, leaving attendees energized and empowered to chart the course for the future of gaming.

In summary, the SBC Summit North America emerges as a transformative event, offering a platform for dialogue, innovation, and progress in the gaming industry. With stages brimming with thought-provoking sessions and speakers at the forefront of their fields, the summit sets the stage for a future defined by compliance, responsibility, and sustainable growth.

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Augustine Casino Ups Their Game with QCI Slots: A New Era of Data-Driven Gaming Innovation Begins

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Augustine Casino, a prominent name in the Coachella Valley gaming scene, is taking its commitment to guest satisfaction to new heights with the adoption of QCI Slots, the latest innovation from Quick Custom Intelligence (QCI). Building on the success of its partnership with QCI Host, Augustine Casino is poised to revolutionize the gaming experience for its patrons.

Elizabeth Wilberts, Assistant General Manager of Augustine Casino, said: “We are thrilled to expand our collaboration with QCI by incorporating their cutting-edge Slots solution. The reporting functionality, recommendation engine, Artificial Intelligence, and advanced heat mapping capabilities of QCI Slots will empower us to deliver unparalleled personalized experiences to our guests.”

This strategic move follows Augustine Casino’s successful implementation of the QCI Platform, including the QCI Host solution, which has already enhanced the casino’s ability to connect with its clientele on a deeper level. Now, with the addition of QCI Slots, Augustine Casino is poised to set new standards for excellence in the industry.

“We are proud to deepen our partnership with Augustine Casino and support their mission to provide exceptional service and value to their guests. The decision to integrate QCI Slots underscores Augustine Casino’s commitment to leveraging innovative technology to elevate the gaming experience,” Andrew Cardno, Chief Technology Officer of QCI, said.

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