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A quick peak into the changing future of US sports gambling
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It was in 1992 that the US Congress passed the Bradley Act. It was introduced by the New Jersey Senator Bill Bradley, an NBA player in his youth. Officially, the Bradley Act is formally known as the Professional and Amateur Sports Protection Act, or PASPA. The legislation practically banned sports gambling in almost every US state. It was this law that the US Supreme Court has struck down recently.
The Exception to PASPA and How Nevada Benefited
PASPA was not applicable in the state of Nevada. Consequently, Nevada had a monopoly on the gambling in the USA. In almost three decades since the law went into effect, Nevada saw an increase in legal betting on sports of 172 per cent. That meant an increase of $1.8 billion per year to $4.9 billion, as reported by the UNLV Center for Gaming Research.
The Supreme Court Lays down the Law
To many, PASPA seemed an artifact of the pre-Internet era. Fantasy sports somewhat normalised the idea of gambling on games for millions of Americans. Betting on horses used to seem like a quirky vice to a small sector of the population. Fantasy leagues, for example, have now become the norm in sports such as baseball and betting among friends has turned into a common practice for masses of people.
On May 14, 2018, the Supreme Court struck down PASPA in a 6-3 decision. The Justices found PASPA to be an unconstitutional violation of states’ rights. The Supreme Court’s ruling now opens doors for states to legalise sports gambling. Moreover, many states appear eager to do so.
What the Future of Sports Betting Could Mean
So, what are some of the deliberations in terms of the pros and cons of legalised gambling? For one, as mentioned before, billions of dollars go into sports betting every year, not only in Nevada but off-shore foreign sites. When done via external websites, that’s money that’s under the table and untaxed by the United States. Places like Atlantic City, New Jersey are in dire financial situations and have double the unemployment rates than most of the country. As Dennis Drazin, who represents the Monmouth Park Race Track in New Jersey points out, criminals cashing in on illegal better are making out on the financial aspect. He claims we should figure out a legal way of going about it whereas Drazin says, “…it can be regulated; it can be taxed” in addition to providing revenues for local businesses.”
The opposition to sports gambling, however, was meant to protect the integrity of the game. It was set in place to prevent match or game fixing, with bribing for example. Will fans have to worry about padded, secret handshakes affecting the outcome of games? Or will states benefit from the masses of tax revenue once each state individually passes legal betting?
Source: UWM Post
Source: Latest News on European Gaming Media Network
The 2025 Gaming in Spain Conference, which is set to take place June 26 in Madrid, will bring you the latest news on Spain’s regulated iGaming market.
Mikel Arana confirmed as keynote speaker
The event’s keynote will be delivered by Mr. Mikel Arana, Director General of Span’s Directorate for the Regulation of Gambling (DGOJ).
Mr. Arana will explain both the latest regulatory developments and the resulting obligations for Spanish-licensed online operators.
Other topics & speakers
A series of far-reaching advertising restrictions that were initially overturned by Spain’s Supreme Court last year appear close to being reintroduced as part of a new public health law. The introduction of these restrictions s expected to have a significant impact on Spain’s regulated market.
Other regulatory measures that have been recently introduced or that are currently in preparation include a single spending limit across all games, as well as (future) cross-operator deposit limits and the introduction of a single regulator-approved problem gambling detection algorithm.
To discuss these and other topics, we have currently confirmed the following speakers: Jorge Hinojosa, Director General, JDigital; Xavi Muñoz, Partner, ECIJA; Camille Gonzálvez, Gambling Lawyer, ECIJA; and Josh Hodgson, COO, H2 Gambling Capital.
Additional speakers will be announced soon!
Dedicated LatAm sessions
In addition to our Spain-focused main program, the 2025 GiS Conference will also feature several sessions specifically dedicated to LatAm markets.
Country-specific breakout sessions on Brazil, Colombia, and Peru will be part of the program. Expect in-depth sessions on the latest regulatory developments and data-driven market analysis!
Willem van Oort, Founder of Gaming in Spain commented: “Although Spain remains, of course, the focus of our event, I am very glad that we are also looking a bit farther this year. For Spain-facing operators, LatAm is an exciting region to consider for expansion. Happily, we have speakers who are fully updated on local regulations and market conditions.”
Extensive networking opportunities
The 2025 GiS Conference offers extensive networking opportunities. Meet the Spanish market’s key decision makers in person!
Practical information
The 2025 GiS Conference will take place June 26 at Auditorium ECIJA, located on Calle de Serrano, Madrid’s “golden street” in the commercial heart of Spain’s vibrant capital.
Registration for the 2025 Gaming in Spain Conference is already open.
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Mindway AI Achieves ISO 27001 Certification for Excellence in Information Security Management
Mindway AI, a leading innovator in artificial intelligence solutions for player safety, is proud to announce that it has achieved ISO 27001 certification, a highly respected standard for information security management systems (ISMS). This certification underscores Mindway AI’s commitment to upholding the highest standards of information security across its infrastructure, applications, and systems that guarantee the seamless delivery of our products and services.
ISO 27001 is an internationally recognised standard that sets the framework for an effective ISMS, focusing on continual improvement, assessment of security risks, and implementation of necessary controls to safeguard information assets. By attaining this certification, Mindway AI demonstrates its dedication to maintaining the confidentiality, integrity, and availability of customer data and sensitive information.
“Achieving ISO 27001 certification is a huge and very significant milestone for us over here at Mindway AI,” said Rasmus Kjaergaard, CEO of Mindway AI. “In today’s digital age, robust information security is critical to building trust with our customers. This certification validates our rigorous processes and unwavering commitment to protecting our clients’ information and delivering our solutions with the utmost security.”
The certification process involved a very comprehensive work and workload before the audit conducted by an independent third-party auditor, assessing Mindway AI’s ISMS and all its policies against the stringent requirements of the ISO 27001 standard. The scope of this certification encompasses the infrastructure, applications, policies, processes, and systems that play a core role in delivering Mindway AI’s innovative AI-driven products and services to our valued customers.
Mindway AI continues to invest in its security infrastructure and aims to exceed industry standards, ensuring that its clients can rely on the company as a trusted partner. Customers can expect top-tier protection of their data, supported by rigorous security protocols and continuous improvements.
The post Mindway AI Achieves ISO 27001 Certification for Excellence in Information Security Management appeared first on European Gaming Industry News.
Marc Burroughes has been appointed Chief Commercial Officer (CCO) of EveryMatrix’s Casino division, driven by CasinoEngine, the group’s flagship integration platform powering global tier-1 operators to record growth.
Burroughes has spent close to two decades in the iGaming industry including senior roles at IGT, Light & Wonder and OpenBet with extensive commercial experience setting strategies and managing tier-1 customers in integrating content from leading game studios, platforms and aggregation solutions.
Reporting to casino business unit CEO Stian Enger, he will be responsible for commercial strategy across EveryMatrix’s CasinoEngine business unit that generated €2.8 billion in Gross Gaming Revenue (GGR) for customers in 2024, processing more than 73 billion game rounds.
His new CCO role involves a multitude of responsibilities including defining and setting the commercial strategy for CasinoEngine; delivering the forthcoming EngageSuite ecosystem to existing and new clients; working closely with the SlotMatrix and EveryMatrix Games teams to help customers move to a full platform solution and more.
Ebbe Groes, Group CEO and Co-Founder, EveryMatrix, said: “Marc has a strong track record working in senior positions for some of the industry’s major providers and delivering premium casino solutions for tier-1 brands.
“As we continue to grow at pace, and as our casino business unit goes from strength-to-strength, we’re looking to accelerate this even further in the months and years ahead under Marc’s commercial leadership.”
Marc Burroughes, CCO, Casino, EveryMatrix, said: “When the opportunity came to join EveryMatrix on their journey to rapid growth there was only one answer I could give.
“The group’s casino division is among the best I’ve seen in my 17 years in the industry and it still has room to significantly grow. I want to maximise all the opportunities we’ve identified and I’m confident we can achieve some big targets.”
The post Marc Burroughes appointed Chief Commercial Officer Casino at EveryMatrix appeared first on European Gaming Industry News.
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