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Compliance Updates

Mississippi House passes bill to legalize online sports betting; measure moves to Senate

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The Mississippi House passed a bill Thursday that would legalize online sports betting, bringing the state one step closer to joining 29 other states that already allow the practice.

The Mississippi Mobile Sports Wagering Act, which would legalize mobile sports betting while requiring gambling companies to contract with brick-and-mortar gambling establishments, passed 97-14 after a brief debate on the House floor. Sports wagering has been legal in the state for years, but online betting has remained illegal amid fears the move could harm the bottom line of the state’s casinos.

Republican Rep. Casey Eure of Saucier, the bill’s prime sponsor, said the state could bring in $25-35 million a year in tax revenue, based on state Gaming Commission estimates. Mississippi is missing out on that money as it houses one of the nation’s most active black markets.
Across the U.S. each year, illegal betting sites see about $64 billion in wagers, Eure said. Mississippi makes up 5% of that market, which is about $3 billion in illegal bets.

After advancing the bill out of a House committee on Tuesday, lawmakers approved an amendment Eure introduced on the floor that would change where the revenue goes. The first version of the bill levied a 12% tax on sports wagers, sending 4% to the localities where a casino is located and 8% to the state. The amended version lawmakers passed Thursday would direct all 12% to a state fund for emergency road and bridge repairs.

If the Mississippi law passes, online gaming platforms would have to reach an agreement with licensed gambling establishments to establish an online sports betting presence in the state.

House Democratic Leader Robert Johnson of Natchez raised concerns that gambling platforms would have no incentive to partner with smaller casinos, and most of the money would instead flow to the Mississippi Gulf Coast’s already bustling casinos. He proposed an amendment that would guarantee licensed gaming establishments would absorb some of the revenue from bets placed near their facilities.

“The only people making money are the two people that have a contract,” Johnson said. “The money from the platforms, you bet in Mississippi it doesn’t go to every casino in Mississippi. It goes to the casino that you have a contract with.”

Republicans tabled the amendment, but Johnson voted for the bill anyway. He called the potential legalization of mobile sports betting “inevitable.”

Mississippi House members acted on the same day Georgia senators passed a bill to allow sports gambling. Nationwide, 38 states allow sports betting. Some states allow only in-person bets, although most allow electronic betting from anywhere.

The Mississippi bill now heads to the state Senate for consideration.
Michael Goldberg is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow him at @mikergoldberg.

Source: CDC Gaming

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Compliance Updates

NJDGE Closes its Investigation of Evolution AB with No Further Action

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Evolution AB has been informed by the New Jersey Division of Gaming Enforcement (NJDGE) that it has conducted an investigation into allegations of misconduct by Evolution AB and that its investigation has been closed with no further action taken.

In November 2021 the NJDGE received a report prepared by an unidentified firm alleging misconduct by Evolution AB. Following receipt of the report, the NJDGE commenced a thorough investigation into the allegations to determine their validity.

The NJDGE found no evidence that Evolution sanctioned, promoted, permitted, or otherwise materially benefitted from its content offered by operators in any market that the NJDGE considers a prohibited jurisdiction.

Evolution also conducted an internal review, while concluding that its due diligence and compliance processes were sufficient, Evolution took the opportunity to enhance its processes. The NJDGE supports the enhancements that Evolution has made. The enhancements did not relate to any jurisdictional violations.

The NJDGE’s investigation into this matter is closed requiring no further action.

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Compliance Updates

Supremeland Gaming Moves into the United States Gaming Market After Gaining Landmark Approval in Pennsylvania

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The innovative brand is set to pave the way for unprecedented gaming excellence and innovation in ‘The Keystone State’

Supremeland Gaming Incorporated (Supremeland Gaming), the dynamic and innovative iGaming challenger, is thrilled to announce the attainment of its first-ever gaming approval in the United States, marking a significant milestone in the company’s expansion strategy. The studio has received official interim authorization from the state of Pennsylvania, a key market for the gaming industry in the United States.

The approval allows Supremeland Gaming to operate in the state of Pennsylvania and propels it into a new era of opportunities and growth on the global stage. The brand is set to unveil multiple explosive titles in the coming months designed by the in-house design studio Powderkeg with an unwavering commitment to delivering unparalleled entertainment experiences.

“Securing our first United States gaming approval in Pennsylvania marks not just a milestone, but a testament to our commitment to innovation and the limitless possibilities that lie ahead,” the Executive Chairman for Supremeland Gaming, Johan Apel, said. “With ‘The Keystone State’ as our gaming canvas, we eagerly anticipate transforming the landscape, pushing boundaries and creating immersive experiences that resonate within this new American base.”

With a team of skilled developers, designers and storytellers, the company is committed to delivering games that will captivate audiences and establish Supremeland Gaming as a prominent player in the United States iGaming industry.

“We are thrilled to have obtained our first approval in the United States and we couldn’t be more excited to introduce our titles to the American iGaming community,” the Chief Executive Officer for Supremeland Gaming, Rickard Ohrn, said. “This is a momentous occasion for Supremeland Gaming and we are eager to contribute to the vibrant gaming culture in Pennsylvania and beyond.”

For more information, visit Supremeland. io.

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Compliance Updates

Asensi Technologies gets accredited as a certification laboratory in Peru

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Asensi Technologies – a gaming certification laboratory accredited by the DGOJ in Spain – achieved a significant milestone by obtaining its registration and authorization as an accredited certification laboratory in Peru.

For Asensi Technologies, this accreditation is a significant achievement that validates our commitment to excellence and quality in our assessments and services.

Aurora Merino Salas, CEO at Asensi Technologies, says <<this accreditation not only demonstrates our ability and commitment to comply with local regulatory standards but also, of course, opens up new business opportunities in the country.

We are excited to be able to offer our assessment, certification and technical compliance services to authorized B2B and B2C companies in Peru, for all types of products.

We are also thrilled to contribute, alongside the DGJCMT-MINCETUR, to the development and growth of this market as it begins its journey in regulation.

With this accreditation, we expect to strengthen our relationships with existing clients and establish new strategic partnerships that will drive our growth and expansion in the Peruvian market, alongside that of our clients. Their success is our success.

We are confident that this accreditation will further position us as a reliable and leading partner in our field. Since our beginning in 2017 as a certification laboratory in Spain, this step forward, in Peru, fills us with excitement and encourages us to continue growing and progressing.

We are eager to maximize the opportunities that this market offers, both commercial opportunities and of cooperation with the regulator, and for the expansion of our knowledge and expertise>>.

 

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