• Texas Inline for Online Gambling?

    03 January 2011

    Newspaper

    The end of the lame duck Congressional session came and went with no official advancement into regulating online gambling but it did do a couple positive things. First it did show that at least some people in Washington are listening (though probably not enough to see a change anytime soon) and second, it put the issue of online gambling in the laps of the state governments.

    California is working again on getting an online poker bill through its legislation this year, New Jersey has gotten 2/3 of the way in passing its version of an online poker regulation, Florida is rumbling about possible gambling legislation and now Texas is facing a fiscal crunch and of course gambling has come up as a fix.

    Right now Texas allows (outside tribal casinos) bingo, pull tab, card rooms, raffles, horse racing and the lottery but all these are taxed by county and municipalities, not helping the state at all. Over the last 10+ years, there has been two times that a non-tribal gambling expansion has been voted down and it seems to come up every time the state facing a budget crunch.

    Anthony Anton, president and CEO of the Washington Restaurant Association, “More and more people can go online to gamble but you can’t do it at a restaurant where it could be taxed. More and more people are asking, ‘so exactly why is it illegal?’”

    So far there is no proposal or organized effort to expand the gaming effort in Texas to include online gambling but the talk has started. Maybe this will be the force that finally moves the federal government into action. As more and more U.S. states start working on proposals to regulate online gambling within its borders, it may force the Federal gov’t to act to get its piece of the pie as well.

    With all the money that was spent by land based casino lobbyist to get a federal deal done this year, could a Nevada online gambling bill be far behind. Maybe now the question becomes how many states will it take to regulate online gambling before the Federal government takes another look?

    Related News

    • 30 December 2018

      Gambling Taxes in Italy See Big Jump, Playtech's Earnings Fall

      The taxes that gambling operators and software companies have to pay in a given jurisdiction are one of its biggest expenses. This means that even a relatively small shift in those rates can cause some major changes in what can be expected for business. This has recently been the case in Italy where their Senate has been working on a proposed budget for the following fiscal year, and this budget includes some unexpected increases to the taxes on gambling businesses.

      Read full article
    • 23 December 2018

      Spanish License Application in for Gaming Innovation Group

      Gaming Innovation Group has announced their application for a license to operate in Spain. They're looking to make an entrance into the Spanish market in 2019 with this application, and there's very little doubt that it will be granted. This is a pretty significant move for the company as they expand and get their offering in front of new players. About the Spanish Market

      Read full article
    • 23 December 2018

      Cherry AB Receives Eight Licenses for Swedish Online Gambling

      The Swedish Gambling Authority has been processing applications over the past several weeks for its upcoming regulated market that starts on January 1, 2019. This is a pretty big deal for online gambling in Europe as a whole, and Cherry AB has put themselves into a strong position with eight difference licenses being granted for operating brands within Sweden's borders in the new year as a part of this newly regulated jurisdiction. Size of the Swedish Market

      Read full article