Kenyan President Nixes iGaming Tax
Kenyan President Uhuru Kenyatta has signed legislation to remove the 20 percent excise tax on sportsbook stakes—a tax doubled from 10 percent when last year’s finance bill was signed in September 2019. The tax hike has already spurred Kenya’s two largest operators, Sportpesa and Betin, to leave the market. According to iGamingBusiness.com, the tax was […]
Washington Tribe Diversifies With Gaming Revenues
The Kalispel, Snoqualmie, Suquamish and Tulalip tribes of Washington have begun negotiations to amend their state tribal gaming compacts to include the right to offer sportsbooks. Sports betting became legalized in March when Governor Jay Inslee signed ESHB 2638 into law. Only tribal casinos are allowed to offer retail sportsbook and onsite mobile apps only […]
PA Lawmakers Push for Legal Skill Games, VLTs
Republicans in the Pennsylvania state Senate are following lawmakers in other jurisdictions in pushing for the legalization of tens of thousands of so-called “skill games” currently operating around the state, as well as VLTs in bars and taverns, as time ticks away on the current session. A draft bill sponsored by Senate President Pro Tempore […]
Apple Targeted by Loot-Box Complaint
Tech goliath Apple has been targeted by a California parent in a class action complaint against the “loot box” mechanisms Apple sells through its App Store. The parent, Rebecca Taylor, alleges that Apple is helping to promote gambling products to minors. She filed the lawsuit through the U.S. District Court for the Northern District of […]
Twin River Completes Buy of Kansas City And Vicksburg Casinos
Twin River Worldwide Holdings last week announced that it has completed the previously announced acquisition of Eldorado Resorts, Inc.’s subsidiaries that own the Isle of Capri Casino in Kansas City, Missouri and the Lady Luck Casino in Vicksburg, Mississippi. The purchase price of the acquisition was $230 million, subject to customary adjustments. “Isle Kansas City […]
Pritzker Signs Measure Lowering Chicago Casino Taxes
In a major victory for Chicago Mayor Lori Lightfoot, Illinois Governor J.B. Pritzker recently signed Senate Bill 516, clearing the way for a new Chicago casino by making the proposed tax structure more attractive to potential developers. In addition, the bill will allow gaming machines at the Illinois State Fair and will provide Covid-19 relief […]
Fertitta to Take Golden Nugget’s Online Gaming Public
Texas gaming mogul Tilman Fertitta said June 29 that he plans to take the online gaming section of his privately-owned Golden Nugget Casinos public into a company that will be worth $745 million. It is expected to be launched this fall through Landcadia Holdings II, a special purchase acquisition company. It will be the second […]
Michigan Considers Interstate Player Pools in iGaming Bill
Michigan lawmakers are pushing to add a provision for interstate player pools to fast-track legislation to legalize online gaming in the state. State Senator Curtis Hertel Jr., one of the Democratic sponsors of the Lawful Internet Gaming Act, is contemplating a bill that will clarify the original legislation to specify that online poker can include […]
Atlantic City Casinos Open, Without Food or Drink
With record-breaking spikes in coronavirus cases, attributed to crowds of maskless patrons in reopened bars, the governors of Florida and Texas have shut bars back down. New Jersey Governor Phil Murphy knows a cue when he sees one. On June 29—days before Atlantic City’s casinos were due to start reopening—he postponed the start of indoor […]
partypoker: Action-Packed MTTs, Big Bonusing—and WPT Online
Party Gaming’s partypoker brand first launched in the U.S. way back in 2001, and soon was the most popular online product among stateside players, with hundreds of tables running at any given hour. Its rise was interrupted by the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA), which made it illegal to process internet wagers. On […]
This NHL Qualifying Series Line Presents A Ton Of Value
Although the exact dates aren’t set in stone, the NHL has released its Qualifying Round matchups. The best-of-five series will determine who will move into the Stanley Cup Playoffs and should be quite an exhilarating way to resume the 2019-2020 campaign. The Toronto Maple Leafs (36-25-9, 81 points) are -175 favorites to win their Qualifying […]
Online Slots: Do You Play for Pay or Fun?
If you’ve been playing slot games online for a while, you’ve learned you often can check on the overall payback percentage of a game. That’s the total amount of wagers—by everyone—on particular game that’s returned to players in the form of wins, whether small or large. Make no mistake—overall payback percentage is an important gauge […]
