Connect with us
728x90 banner available here

Latest News

US Territories to Benefit from Sports-Betting Bill

Published

on

The recent US Supreme Court order that struck down the Professional and Amateur Sports Protection Act (PASPA) is certainly going to pave the way for legalised sports betting in the country. It basically means that individual states can formulate their own legislation regarding sports betting. A number of states are jumping into the bandwagon to legalise sports betting. A question arises now is whether or not the bill extends to US territories.

Here is an overview of this topic.

What does it mean for territories?

The legal issues are somewhat confusing, mainly because the Supreme Court focused on the sovereignty of states. But there are precedents and good arguments as to why territories should be treated like states, especially when issues like pre-emption and constitutional rights are involved.

Take Puerto Rico, which has 3.4 million residents but is currently bankrupt and running a deficit. There is a good argument that it should be treated as a US state. Since the territory already has casinos and racetracks, with eight facilities in San Juan alone, this could be a great money-maker for the struggling country.

Online gambling bill is offered

Puerto Rico’s Commission for Tourism and Social Welfare is currently analysing a bill that would allow casinos to offer online gaming.

Presented by the head of the commission, Representative Néstor Alonso Vega, the bill sets outs the minimum requirements to operate an online gaming “franchise concession.” It also presents a taxation framework for the sector and reports on how the receipts would be divided among Puerto Rico’s institutions.

Most important, the bill recommends that the Puerto Rico Tourism Company (CTPR), a government-owned corporation that currently oversees the territory’s tourism industry, should also regulate online gaming.

The director of the Gaming Division of the CTPR, Jaime Alex Irizarry, agrees. He has lent his backing to this proposal that allows the territory’s casinos to run online gaming operations.

He said: “We understand how important it is to approve legislation like this, precisely because due to the absence of effective regulation – as is set out in the proposal – at the moment in Puerto Rico it’s possible to gamble on the internet illegally, without any protections or guarantees, either for the players or the state.”

Licensing concerns

The Gaming Division of the CTPR administers all the licensing and management of land-based casinos, but this would have to be completely overhauled for a new online industry.

While speaking before a public audience, Irizarry recommended that the CTPR be empowered to block servers and service providers that host unauthorised online gaming.

That is the approach taken by Poland and Switzerland to counter unlicensed operators.

Lower taxes

To attract operators to Puerto Rico, Irizarry suggested a lower tax rate, 15 per cent as compared to 20 per cent in the mainland US.

He said, “This reduction will allow the licensee the necessary income to improve [the quality of] their gaming offer. When the quality of the supply improves, the volume of players increases, which will result in a higher gross income.”

However, he argued that the hold percentage for online casino games should be the same as that for games offered in land-based casinos.

In 2017, the net revenue from Puerto Rico’s slot machines was around $263m (£200m). Of this amount, casinos received $126.8m (£96.5), while the territory received $136.2m (£103.7m).

It is estimated that the additional revenue generated by regulating iGaming could create a huge boost for the territory’s economy.

What now for US territories?

What’s for sure is that other territories will certainly be watching with interest how this plays out for Puerto Rico.

In particular, the US Virgin Islands and the Commonwealth of the Northern Marianas both have casinos and would possibly like to take internet wagers from the rest of the world.

Source: vegasslotsonline.com

Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Paysecure wins “Best Online Payment Service 2025” at SiGMA Americas Awards

Published

on

Reading Time: < 1 minute

 

Paysecure has been named Best Online Payment Service 2025 at SiGMA Americas Awards, held during the opening night of the SiGMA Americas event at the Transamerica Expo Center in São Paulo.  

The awards ceremony, hosted by BetConstruct and held on April 7th, brought together leading names in the iGaming, fintech, and digital payments industries to celebrate excellence and innovation. The Best Online Payment Service award, presented in association with Megaposta, recognized companies offering outstanding online payment infrastructure. Paysecure was selected among strong contenders including Online IPS, Nuvei, Payment.Center, and Payku.

Paysecure’s solutions include its unified payments hub, designed to simplify operations for merchants in various sectors, Host-2-Host integrations, cashier services, and plug-in modules for seamless deployment on external platforms. With PCI DSS certification, a focus on 360-degree user trust, and advanced tech capabilities, Paysecure empowers merchants to optimize their payment operations with full control and transparency.

“This award is a testament to our mission: delivering payment technology that is smart, secure, and scalable”, said Viktoriia Degtiarova, Co-founder and CCO of Paysecure, who attended the ceremony alongside Sridhar Sethuraman, Co-founder and COO.

“It’s an incredible honor to be recognized at SiGMA Americas, especially amongst such outstanding peers.”

This year, Paysecure exhibited at Booth N115, showcasing its orchestration platform, global PSP coverage, and market-specific solutions tailored for LATAM and beyond. To learn more about Paysecure and its payment orchestration platform, contact the team at: paysecure.net/contact-us/

 

The post Paysecure wins “Best Online Payment Service 2025” at SiGMA Americas Awards appeared first on European Gaming Industry News.

Continue Reading

Latest News

ACR POKER’S NEXT HIGH STAKES ADVENTURE TAKES PLAYERS TO MONTENEGRO FOR PRESTIGIOUS SUPER HIGH ROLLER SERIES

Published

on

Reading Time: 2 minutes

 

Two $110,000+ Montenegro packages available during ACR Poker’s Main Satellite on Sunday, April 27th


 The next chapter of ACR Poker’s High Stakes Adventure is taking shape. Two players are set to win their way to stunning Montenegro in Southeast Europe to compete against top poker pros and high stakes legends for huge prizes during the prestigious Super High Roller Series, scheduled for May 13th to 27th.

Through ACR Poker’s Main Satellite on Sunday, April 27th at 2:05pm ET, the High Stakes Adventure: Montenegro is guaranteeing two all-inclusive packages, each covering $110,000 in tournament buy-ins / entry fees, plus added business-class airfare, and a 5-night stay at the luxurious Maestral Resort & Casino.

“The High Stakes Adventure is all about creating opportunities for players to escape the ordinary and play alongside poker’s elite in incredible destinations,” said ACR Pro Chris Moneymaker. “I can still feel the energy from my deep run in Montenegro last year, and I’ve got a good feeling this event is going to be just as unforgettable. If you missed your chance to win a South Korea package earlier this year, this is your chance to get in the game.”

Moneymaker is no stranger to the high-stakes scene in Montenegro, having won last year’s Triton Poker Super High Roller Series $25,000 buy-in event for $903,000. Meanwhile, fellow ACR Pro Nacho Barbero also made waves this year during the Triton Poker Super High Roller Series Jeju, finishing 7th in the $100,000 buy-in Main Event, earning $946,000, plus cashing in four other events.

The High Stakes Adventure: Montenegro package winners will have the flexibility to split their $110,000 buy-in budget across multiple events or go all-in on a single high-stakes tourney. Off the felt, players can look forward to exploring Montenegro’s rich history, stunning landscapes and vibrant culture.

This latest satellite follows the success of ACR Poker’s High Stakes Adventure: South Korea earlier this year, where two $110,000 packages were awarded to players for the Super High Roller Series Jeju. Players looking to follow in their footsteps and compete for the Montenegro packages can buy into the Main Satellite for $2,650 or qualify for less through satellites running on ACR Poker this month.

For more details on the High Stakes Adventure: Montenegro, visit the promo page at ACRPoker.eu.

 

The post ACR POKER’S NEXT HIGH STAKES ADVENTURE TAKES PLAYERS TO MONTENEGRO FOR PRESTIGIOUS SUPER HIGH ROLLER SERIES appeared first on European Gaming Industry News.

Continue Reading

Latest News

BetBrothers Introduces Platform Dedicated to Safer Betting in Regulated Markets

Published

on

Reading Time: 2 minutes

BetBrothers announced the launch of its affiliate marketing platform, dedicated to providing detailed information and analysis of regulated sports betting operators. With the core mission of “Connecting Players with Safer Bets,” it will focus on developing and managing affiliate websites within regulated markets, starting with Spain and Greece.

BetBrothers sets itself apart by partnering exclusively with operators who hold valid licenses within these jurisdictions. This strategy ensures full compliance and promotes a safer betting environment for players.

“Licensing isn’t just a checkbox for us. It’s a baseline. By working only with licensed partners in each market, we not only ensure compliance. We’re taking an active role in promoting a safer betting environment and a player-friendly iGaming ecosystem,” said Borja Imbergamo, Head of Growth & Strategy at BetBrothers. “We are confident that this dedicated approach will resonate with both players and operators who value fair play and responsible experience.”

The platform is founded and managed by a team of seasoned professionals with deep expertise in sports betting, affiliate marketing, and product development. The team behind BetBrothers has 25 years of combined experience in the industry.

BetBrothers content strategy is centered around providing players with clear and reliable insights in sports betting operators and their offerings. The team aims to become a compass for players, guiding them towards betting options offered by reputable and licensed brands. This player-first approach prioritizes user safety and promotes sports betting as an enjoyable form of entertainment.

Imbergamo added, “We established BetBrothers with a clear vision. To build a trustworthy bridge between players seeking entertainment and operators committed to the highest standards of user safety and regulation. We believe that the future of affiliate marketing in this industry lies in responsibility, transparency, and a commitment to safer betting experience.”

BetBrothers adopts a strong product-centric approach. The brand’s strategy goes beyond typical formats, building features and content that are engaging and useful for the players. This commitment to product innovation aims to significantly improve the user experience and offer more than just basic operator reviews. In addition to editorials, BetBrothers will also incorporate user-generated content to highlight real player experiences. This blend of expert-driven analysis and player feedback will provide a more well-rounded view of the betting market.

The brand aims to become an authority for responsible affiliate marketing. Offering valuable resources for players to help them make informed choices while delivering high-quality, compliant traffic to its operator partners. BetBrothers team plans a steady expansion into other regulated markets in the near future.

About BetBrothers:

BetBrothers is an affiliate marketing platform operating in the sports betting industry. Founded by seasoned industry professionals, its core mission is “Connecting Players with Safer Bets.” The platform builds and manages affiliate websites that exclusively promote licensed operators within regulated markets. BetBrothers is committed to responsible gambling, transparency, compliance, and creating a safer online betting environment for players.

The post BetBrothers Introduces Platform Dedicated to Safer Betting in Regulated Markets appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.