Published on by Ben
The online gambling industry experienced considerable growth during 2020, with some key players reporting record revenue and profit. Among the established ...
Published on by Adam
Being one of the toughest nuts in the iGaming world to crack, we like to keep a regular eye on US online gambling legislation. Whether it’s the positive news we’re hoping for or the shot to the ribs we’re not, Netent Casino bring it to our readers no matter. If you’re a regular to our site then you’ll know we’ve taken a keen interest in Pennsylvania recently, with it now looking likely that online gambling in the Keystone State will be pressed ahead.
However, we feel as though PA has been given the lion’s share of attention over the past weeks and months, so we decided to give you a summary of other US iGaming developments that have come to our attention. Again, it’s a mix of good and (some) bad – but we understand that you gamers want to be kept apprised whatever the circumstances. We’ll start with the positives…
A recent bill advocating for online poker to be regulated, S-3898 to be precise, flew through New York’s Senate Finance Committee with just 5 votes against – and there is genuine hope that it will be legalised soon. A 2016 legislature by Senator John Bonacic also managed to conquer the senate a little under this time last year, but it never made its way to the Assembly.
This is partially due to the bill being put under a lot more scrutiny at the next round, but Sen. Bonacic believes it is increasingly likely that any online poker legalisation law would be seriously considered.
However, as ever in the US, the iGaming world is far from concrete, and we expect a few more twists and turns until New York finally enters some form of bill into law. Hopefully, we’ll have some good news just around the corner!
It’s no secret that we love internet casino entertainment, and that’s before we even get to juicy no deposit bonuses. Having a few spins on NetEnt’s latest slot is perfect for unwinding after a long, hard day at the office, or merely a relaxing few hours at the weekend. While there seems to be a romanticism about internet poker, it’s online casino that’s often the dark horse.
We see it all over the world, and New Jersey has provided yet another example. Figures released for the month of April shows that a total of $20.8m was generated by gambling online as a whole in the state – and casino contributed a whopping $18.85m of that amount. Golden Nugget, which has a relationship with UK bookmaker Betfair, were the top earners at $5.4m, with healthy year-on-year gains being made.
Pennsylvania, take note!
We conclude with disappointing news that the state of Massachusetts is unlikely to ratify any form of iGaming legislation before the year is out. Positive discussions have been held, as confirmed by Senate President Stan Rosenberg, but authorities are trying to determine its implementation alongside brick-and-mortar casinos.
Critics are using the age-old reasoning that internet gambling operations would eat in to land-based earnings, yet supporters are countering such claims by insisting that profits will be boosted for both sides instead. Either way, a report has been ordered to analyse all avenues, but this isn’t expected until late 2017.
So, while online gaming in Massachusetts looks more promising than other regions of the US, there’s still some way to go.