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Thailand gambling casino draft law approval

Thailand Cabinet Approves Draft Casino and Gambling Law

Thailand’s cabinet has taken a significant step toward transforming the nation’s gambling landscape by approving a draft law to legalise casinos. The move, announced on 13 January, signals a potential shift in Thailand’s stringent gambling policies, which currently allow only limited forms of legal betting. The Integrated Entertainment Business Act: What’s Next? The draft law, officially…

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Denmark gambling industry map

Stake Eyes Denmark Expansion with MocinoPlay Acquisition

Global online gambling operator Stake is making a bold move into Denmark by acquiring MocinoPlay, the operator behind the VinderCasino brand. While the financial details remain under wraps, the deal hinges on approval from Denmark’s regulator, Spillemyndigheden. Stake has not revealed when it expects to close the acquisition. This potential acquisition is part of Stake’s larger…

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Brazilian lottery and betting market dispute

Loterj President Criticises Brazil’s Betting Regulations Amid “Unfair Competition”

The president of the Rio de Janeiro State Lottery (Loterj), Hazenclever Lopes Cançado, has raised sharp concerns about the latest restrictions on state lottery operators in Brazil. He argues that the Supreme Federal Court’s (STF) decision to ban nationwide operations for Loterj licensees not only harms legal businesses but also fuels "unfair competition" from offshore…

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Missouri sports betting

Sports Betting in Missouri: Summer Start Likely Despite December Deadline

Missouri’s sports betting scene is taking shape, albeit slower than some may have anticipated. With Amendment 2 mandating operational sports wagering by December 2025, Missouri voters set the ball rolling in November. However, according to Missouri Gaming Commission Chair Jan Zimmerman, the first bets might happen much sooner—potentially as early as this summer. Zimmerman, speaking on…

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Virginia casino revenue legislation debate

Virginia Bill Proposes Commission to Oversee Petersburg Casino Revenue Sharing

A new bill in Virginia’s House of Delegates is stirring controversy, proposing the creation of a commission to manage and distribute tax revenue generated by a proposed casino in Petersburg. While proponents see the legislation as a step towards equitable regional development, local officials in Petersburg have expressed concern over potential financial impacts on the…

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Las Vegas Strip night skyline

Las Vegas Strip Gaming Revenue Predicted to Decline in December but Analysts Remain Optimistic for 2025

The Las Vegas Strip is expected to report its sixth consecutive month of year-over-year gaming revenue declines when December's figures are released later this month. However, analysts remain optimistic about the Strip's future, especially as 2025 approaches with promising growth projections. A Tough Year for the Strip’s Revenue The Strip’s gaming revenue for November 2024 reached…

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Senate Judiciary Committee gambling hearing

Veteran Casino Executive Warns of Federal Regulation Looming for Online Gambling

The debate over federal oversight in the booming online gambling and sports betting industries has moved beyond whispers, as a Senate Judiciary Committee hearing on the topic signaled potential regulatory shifts. Richard Schuetz, CEO of American Bettors’ Voice and a veteran of the gambling industry, recently outlined his views on what may come next. Regulatory Oversight:…

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