Latest News
The Gambling Battle for Governor of Kentucky
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 wasnât 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, Kentuckyâs horse race tracks gave sizeable funds to the Democratic Governors Association (DGA), which forked over around $19 million to back Andy Beshearâs 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 Cameronâs 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 Cameronâs $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 Beshearâs 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 stateâs 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 stateâs legislature.
Still, the manufacturerâs 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 stateâs borders. That said, for years, residents have been able to use internationally-regulated platforms based in foreign lands for game-of-chance fun.
Proposed lawsuits filed in Kentuckyâs Eastern District in August of 2023 have raised eyebrows regarding whether this entertainment form is still available to Kentuckyâs 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 stateâs 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.
The International Gaming Standards Association (IGSA) has welcomed Sharp Vision as a new Silver member. Sharp Vision is a leading provider of regulatory turnkey solutions for gaming authorities.
âWe are delighted to be a part of IGSA and we look forward to contributing to the advancement of best practices among regulators in the fast-growing gaming industry,â Damien Raymond, COO of Sharp Vision, said.
âIGSA is very excited to welcome Sharp Vision to our membership. We believe that IGSA Standards can enhance Sharp Visionâs products supporting regulatory authority oversight. We look forward to their participation in IGSA committees,â Mark Pace, President of IGSA, said.
BigCash, Indiaâs leading online skill-based real money gaming company, has set its sights on global expansion and aims to offer an unparalleled gaming experience to users worldwide. The global skill-based gaming market is estimated to grow annually at a CAGR of 13.50% and will be valued at USD 106.78 billion, by 2032. Building on its success in India, BigCash is poised to introduce its entertaining games to global audiences, uniquely blending local flavors with its hallmark innovative gameplay.
BigCash started its journey in 2017 and has quickly become playersâ preferred choice, by strategically focusing on launching new games and features regularly and due to its superfast and user-friendly interface. Being a multi-gaming app, it offers a wide range of games tailored for all age groups. With popular Indian card games, like poker, rummy, and call break with regional variations; casual games like ludo, ice blaster, fruit chop, along with fantasy cricket, the platform resonates deeply with the players of Bharat.
Continuing on the mission to take Indian technology global and to reach a wider global gaming audience, BigCash, after months of an in-depth market study, had set its views on expanding its global presence with in-house developed and tailored gaming technology and experience. BigCash presently operates in Brazil, besides India.
One of the key reasons behind BigCashâs entry into the Latin American market is the regionâs immense potential for growth in the gaming sector. Brazil, in particular, has emerged as a hotspot for gaming companies due to its large population, favorable demographics, and a growing middle class with disposable income.
BigCashâs global expansion plans include multiple launches in Latin America, Asia, and Africa over the next 12 months. BigCash plans to offer local and international flavors, customized specifically for each country, with a focus on Responsible Gaming and other trust measures, to ensure a deeper bonding with the players.
Ankur Singh, CEO of BigCash, said: âGoing global has been part of our strategic planning always; with our launch in Brazil, we have just taken the first step. We are aspiring to be present in 8 countries in the next 12 months. The competitive landscape in Latin Americaâs gaming industry presents both opportunities and challenges. BigCash is a perfect fit for the Latin American gaming landscape due to our stronghold on tech, which allows product customizations, easy-to-play online games, a supersafe and fast experience; we are already gaining a lot of organic traction.â
The Michigan Lottery announced that it will transition to the National Problem Gambling Helpline, 1-800-GAMBLER for responsible gaming support. This aligns the agency with the Michigan Gaming Control Board and other online gaming platforms operating in Michigan in promoting 1-800-GAMBLER. The 1-800-GAMBLER helpline will replace the Michigan Problem Gambling Helpline currently in circulation (1-800-270-7117), although the previous number will remain in operation.
âThe Lottery is committed to providing Michiganders with easy access to resources that support responsible gaming. By transitioning to 1-800-GAMBLER, we are able to ensure that Michigan residents can reach specially trained staff who can provide confidential professional support, local referrals, and resources to those who may have a gambling problem,â said Lottery Commissioner Suzanna Shkreli.
Operated by the National Council on Problem Gambling (NCPG), 1-800-GAMBLER is the worldâs largest problem gambling helpline network by call volume, population served, and geographic area covered. The helpline connects people and families impacted by problem gambling with professional support, local referrals, and resources.
Calls made to 1-800-GAMBLER from Michigan will be routed to the Michigan Department of Health and Human Services. The helpline can also be reached by texting 800GAM or chatting online at 1800gamblerchat.org. Trained contact center staff are available 24/7, 365 days a year to provide support, guidance, and relevant information to anyone seeking help related to problem gambling. Additionally, players or their family members may connect to support resources such as live chat, text, and the helpline number by selecting the links in the footer of the Lotteryâs website.
The Michigan Lottery was the first lottery in the US to achieve the Internet Responsible Gambling Compliance Assessment Program certification through NCPG in October 2015. The NCPG evaluated the Lotteryâs compliance with Internet Responsible Gaming (IRG) standards developed based on best practices from jurisdictions around the world. IRG standards are the highest standards for online responsible gaming in the nation.
-
Latest News3 days agoFast Track Secures Landmark Deal with Suprema Group – Setting a New Standard in the Brazilian iGaming Market
-
Gambling in the USA5 days agoBetBlocker Recognised for Outstanding Contribution to the Prevention of Gambling Harm at NCPG Awards 2024
-
Latest News3 days agoLight & Wonder Expands Presence in Oregon with Additional Placements of KASCADA Dual Screen Multi-Games
-
Industry News4 days agoPenn Entertainment to Lay Off About 100 Employees
-
Latest News3 days agoRakinâ Bacon SaharaÂŽ Launches Exclusively in New Jersey at Hard Rock Hotel & Casino Atlantic City and online at Hard Rock Bet
-
partnerships3 days agoGGPoker & Triton Poker Offer High-Roller And Super-High-Roller Events At 2024 WSOP Paradise
-
Latest News3 days agobet365 Announces Official Launch in Pennsylvania
-
Daily Fantasy Sports5 days agoDraftKings Becomes Official Partner of the WNBA