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GamblingCompliance: Maryland Lawmaker Promises To Reintroduce Problem Gambling Bill

20TH APR 2017 | WRITTEN BY: CHRIS SIEROTY A bill increasing fees on slots and table games in Maryland to pay for problem gambling programs was approved in the Assembly only to have the Senate pass an amended bill without the increases shortly before the legislature adjourned for the year. Delegate Nick Mosby said the… Continue reading GamblingCompliance: Maryland Lawmaker Promises To Reintroduce Problem Gambling Bill

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PaymentsCompliance: Nevada Bill Would Block Taxes On Blockchain Transactions

12TH APR 2017 | WRITTEN BY: CHRIS SIEROTY IN WASHINGTON, D.C. A senator in Nevada has told PaymentsCompliance it is crucial to the state’s economic viability that it positions itself as a “safe space for entrepreneurs” developing companies that utilize blockchain technology. To begin to create a supportive environment, Republican Senator Ben Kieckhefer filed a… Continue reading PaymentsCompliance: Nevada Bill Would Block Taxes On Blockchain Transactions

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GamblingCompliance: REITs A Risky Business For Casinos, Analyst Warns

3RD APR 2017 | WRITTEN BY: CHRIS SIEROTY Although a prominent feature of the casino industry, the days of U.S. gaming companies spinning off their properties into real-estate investment trusts (REITs) may now have passed, according to one leading gaming analyst. At least one senior analyst with Fitch Ratings Service believes REITs are now looking to… Continue reading GamblingCompliance: REITs A Risky Business For Casinos, Analyst Warns

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GamblingCompliance: E-Sports Betting The Latest Legal Change Eyed By Nevada Law Students

20TH MAR 2017 | WRITTEN BY: CHRIS SIEROTY Nevada lawmakers are set to consider a bill to allow for pari-mutuel wagering on e-sports and poker tournaments, in the latest in a series of legislative proposals drafted by students at the William S. Boyd School of Law in Las Vegas. Senate Bill 240, authored by students… Continue reading GamblingCompliance: E-Sports Betting The Latest Legal Change Eyed By Nevada Law Students

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PaymentsCompliance: U.S. Legalized Marijuana Industry Struggling To Bank Its Billions

14TH MAR 2017 | WRITTEN BY: CHRIS SIEROTY IN WASHINGTON, D.C. Payments start-ups in the U.S. have said the rift between federal and state regulations means banks are unwilling to process transactions linked to legalized marijuana businesses. Despite a flurry of state laws making it legal for retailers to supply marijuana, industry insiders believe a… Continue reading PaymentsCompliance: U.S. Legalized Marijuana Industry Struggling To Bank Its Billions

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GamblingCompliance: California Bill Aims To Increase Legislative Oversight Of Tribal Gaming

7TH MAR 2017 | WRITTEN BY: CHRIS SIEROTY A California Assemblyman has introduced a bill that would severely restrict the governor’s ability to sign off on federal approvals of newly acquired lands for tribal casinos without prior approval by the legislature. Marc Levine, a Democrat, said he introduced Assembly Bill 1377 as a way for… Continue reading GamblingCompliance: California Bill Aims To Increase Legislative Oversight Of Tribal Gaming

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GamblingCompliance: After Epic Super Bowl, U.S. Sports Betting Push Picks Up Steam

14TH FEB 2017 | WRITTEN BY: CHRIS SIEROTY A new poll has found only 15 percent of American adults admit they would bet on the Super Bowl if it were legal to do so, a surprisingly low percentage given the amount of money the casino industry’s main lobbying group estimates was wagered illegally this year.… Continue reading GamblingCompliance: After Epic Super Bowl, U.S. Sports Betting Push Picks Up Steam