Regulatory Issues

Nevada Gaming Commission Approves ‘First Step’ To Expand Cashless Wagering at Casinos

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“It’s a monumental first step in cashless wagering systems,” Commissioner Steve Cohen, a Las Vegas-based attorney, said before voting for the changes.  The changes take effect immediately and will make it easier for casino players to transfer money electronically from bank accounts by using the technology.  'It’s going to be good for the industry. It’s going to be good for the patrons,” predicted Acting Commission Chairman John Moran, who is also an attorney in Nevada. He added that some of the changes will “enhance the gaming experience.”

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Svenska Spel has called for the Swedish government to ban Secondary Lottery betting

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 The shadow gaming companies take market shares from the very part of the gaming market that the new gaming team would preserve. If development continues, funding for sports associations and charities can be adversely affected. In short, all nonprofit businesses that receive a portion of their revenue from public lotteries are affected, says Patrik Hofbauer, President and CEO Svenska Spel.

Read moreSvenska Spel has called for the Swedish government to ban Secondary Lottery betting