Latest News
ADOBAD Warns Against Govt’s Gambling Regulation Project
The Dominican Republic is at the intersection of the issue of gambling regulation. The Asociación Dominicana de Bancas Deportivas (ADOBAD) has been critical of the government’s proposal, warning that, as initially presented, it would cause market instability, encourage tax evasion, and be a platform for organized crime.
In June, the government of the Dominican Republic presented to Congress a bill for regulating games of chance. A main aspect of the draft is the creation of the Dirección General de Juegos de Azar (DGJA), an organ issuing licenses in 15 gambling modalities.
On initial observation, the proposal appears to be looking for more control and order in a fast-growing business. Critics, however, argue that the bill has serious flaws that can boomerang and encourage what the bill aims to ban.
Representing sports betting operators, ADOBAD has pointed out that the new law covers what it identifies as “grave errors” and a “deficient institutional design.”
Raúl Martínez, a lawyer and member of ADOBAD, called on the legislators to be responsible in fulfilling their mandate. Martínez cautioned that lawmakers are not meant to simply pass the text blindly without doing an intensive study of the implications. Martínez predicted that the bill would stimulate “very high levels of tax evasion” and destabilize the gambling industry.
One of the greatest concerns of ADOBAD is the risk of unchecked growth. In Martínez’s view, project approval would affect an unbridled availability of game alternatives, bringing about an uncontrolled growth of gambling shops.
He named this condition a “slumification” of the business, and warned that this would invite money laundering and the influx of individuals with connections to organized crime. Unsustainably operated facilities, in his opinion, would represent extreme threats to financial transparency.
The trade association has also highlighted that there are ongoing irregularities. Some concessionaires, it claims, are offering electronic gaming services without a license. Despite rampant complaints, regulators have been unable to act against these abuses.
ADOBAD claims that if the habits go on even under present conditions, the risks will just multiply with the new organization, allowing a freer, more unregulated expansion of the market. This could encourage the slot machines and computer games to be placed in places other than regulated casinos or sports betting stores, in any public or private venue.
Besides criminal and regulatory risk, job loss on a large scale is a worry. ADOBAD has warned that approximately 20,000 jobs are at stake if the bill is passed in its existing form. More than 3500 sports betting businesses will be affected, threatening thousands of families’ livelihoods whose earnings depend on this sector.
ADOBAD has been adamant that the association is not opposed to regulation in general but demands a balanced and better-designed system. The association demands that legislation bestow significant emphasis on transparency, tax compliance, market stability, and safeguarding legitimate operators.
SlotMatrix, the world’s largest casino content aggregator, has expanded Wild Extravaganza’s reach in the U.S launching in West Virginia, alongside existing markets, New Jersey and Michigan.
Wild Extravaganza is a high-energy 5×3 video slot that packs vibrant visuals, dynamic gameplay, and huge win potential in a 10-payline experience. The game pays left to right, right to left, and even from the middle, offering players multiple chances to win on every spin.
The core feature of Wild Extravaganza is its multiplying wilds, which can stack on three of the five reels and can reveal a 2x, 3x, or 7x win multiplier.
Wild Extravaganza is fully supported by EveryMatrix’s suite of advanced engagement tools, including free spins, leaderboards, and tournaments, helping operators drive acquisition and retention in regulated U.S markets.
This U.S release is part of a recent surge of SlotMatrix exclusive games entering the market, including 3 Coin Treasures, Lara Jones Treasures of Egypt 2, and Glorious Diamonds.
EveryMatrix holds licences in key North American markets, including West Virginia, Michigan, Pennsylvania, Connecticut, and Ontario, and powers more than 300 customers globally.
Stephen Orchard, Head of Commercial Operations, SlotMatrix, said: “Wild Extravaganza is all about giving players thrilling, fast-paced action and the chance to land some seriously big wins. We’re excited to bring this experience to West Virginia as we continue our expansion across the U.S.”
Latest News
Esportes Gaming Brasil introduces LOTTU, its new digital betting platform focused on innovation and user experience
Esportes Gaming Brasil has just launched LOTTU, its new digital betting and entertainment platform. Modern, bold, and interactive, the brand was created with the purpose of delivering a faster, more personalized, and more efficient experience for bettors.
With this launch, the group now operates with the maximum limit of three brands authorized by the five-year federal license granted by the Secretariat of Prizes and Betting of the Ministry of Finance (SPA/MF), as established by Law 14.790/2023. In addition to LOTTU, the portfolio includes Esportes da Sorte and OnaBet.
“LOTTU reflects everything we’ve learned in recent years, but with a real leap in performance and usability. It is a platform built from the ground up, with a focus on speed, real-time promotions, and navigation tailored to different bettor profiles,” says Darwin Henrique da Silva Filho, CEO of Esportes Gaming Brasil Group.
With proprietary architecture and a high degree of customization, LOTTU offers features that allow greater flexibility for promotions, dynamic layouts, and a smoother user journey. The applied technology expands interaction and engagement possibilities, with an emphasis on responsiveness and operational intelligence.
“The arrival of LOTTU represents more than just a portfolio expansion. It materializes a brand that combines technology, aesthetics, and dynamism to deliver a truly differentiated experience. From concept to design, every detail was crafted to connect with the modern bettor, who values agility, trust, and innovation,” highlights Marcela Campos, Vice President of Esportes Gaming Brasil.
The system also incorporates monitoring tools that proactively identify signs of risky behavior—redirecting users to specialized support channels and reinforcing the group’s commitment to responsible gaming practices.
More than expanding its portfolio, the launch of LOTTU consolidates Esportes Gaming Brasil as one of the leading groups in the sector, with a strong institutional presence in Brazil’s sports and cultural scene—through initiatives such as sponsorships of clubs like Corinthians, Ceará, Ferroviária, and Náutico, and support for regional events such as Carnival, São João, and the Parintins Festival.
As a state lawmaker, Zohran Mamdani generally opposed plans to open full-scale casinos in New York City. In June, when he walked past a billboard showing betting markets for the city mayor’s race, he even quipped that “gambling is haram,” an Arabic word meaning forbidden.
But on Wednesday, Mr. Mamdani said that he did not intend to use his newfound political clout as the Democratic mayoral nominee and the race’s front-runner to try to stop the arrival of casinos that are widely considered a fait accompli.
Speaking alongside the leader of a union pushing the gambling expansion, Mr. Mamdani told reporters that while he still had doubts about the casinos backed by corporate giants, he respected the views of state voters who had approved the downstate gambling expansion more than a decade ago.
-
Gambling in the USA4 days agoKambi Group plc signs on-property sportsbook partnership with the Oneida Indian Nation’s Turning Stone Enterprises
-
Latest News4 days agoN1 Puzzle Promo: Complete Challenges, Earn Puzzles, and Get a Chance to Win a VR Pilot Course!
-
Canada4 days agoBragg Confirms Cyber Attack – Hackers Access Internal IT Systems
-
Latest News4 days agoKiwis Deserve Safe Gambling That Gives Back
-
Latest News3 days agoOctoplay partners with Rush Street Interactive to bring its popular casino games to BetRivers players in New Jersey
-
Latest News3 days agoBelatra partners with bplay to strengthen LatAm presence
-
Latin America3 days agoEGT’s top-performing Bell Link jackpot and General cabinets with a successful debut in Argentina
-
Gambling in the USA4 days agoOffering a great value in Vegas, The Plaza Hotel & Casino extends its All-Inclusive Hotel Room Package through September