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Iowa House Passes the Bill to Legalise Sports Betting

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6-10 Iowa House Passes the Bill to Legalise Sports BettingReading Time: 1 minute

 

The Iowa House has passed a bill which legalises betting on sporting events and fantasy sports and send it to the governor for consideration.

The Senate gave its approval and the bill now goes to Gov. Kim Reynolds who has said she will await the final version of the bill to decide whether she will sign it.

The bill authorises the Iowa Racing and Gaming Commission to establish rules for betting on professional, collegiate and international sporting events, including motor racing.

The bill also legalises fantasy sports contests and internet fantasy sports betting but delays betting based on college sporting event statistics until May 2020.

The commission regulates the 19 state-licensed casinos in Iowa. Once the rules are set up by the commission as early as this summer sports bets can be placed at casinos or on a mobile application they establish.

Sports betting would be limited to those 21 and older, and the bill sets a 6.75% tax on net receipts. Taxes and licensing fees could bring in estimated annual revenue of $2.3 million to $4 million annually.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Iowa House Passes the Bill to Legalise Sports Betting

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.

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Online Punters Having Issues Trusting UK Gambling Sites

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online-punters Online Punters Having Issues Trusting UK Gambling SitesReading Time: 2 minutes

 

According to the UK Gambling Commission and YouGov, an independent data and public opinion company, most players in the UK don’t trust online casinos.

There have been several surveys held and published by these two authorities. Despite a different scale, period, and groups of respondents, the results were strikingly similar.

One of the surveys only questioned over a thousand of gamblers in the UK while another one included many more. One of them only included gamblers while the other one wasn’t limited to gamblers only.

Regardless of these differences, both surveys concluded that:

  • Around 70% of gamblers don’t trust the UK’s casino operators

According to the official data, this percentage has dropped by roughly 20% since 2011. That’s certainly alarming for the online gambling industry, especially since so many measures are taken to ensure the player’s safety.

However, it’s the industry’s and, most importantly, its regulators’ own fault. They have been trying to raise awareness regarding rogue casinos, problem gambling and similar casino-related issues in the past.

It seems that with such a decline in casino users’ trust, they’ve been very successful. In a way, this is a good thing too. After all, self-aware gamblers are less likely to suffer from irresponsible gambling outlets.

Punters Don’t Trust Online Casinos

YouGov explored this issue further with more specific questions such as:

  1. Do you support the decrease of a maximum stake at FOBTs from £100 to £2?
  2. How serious are gambling companies when they say they want their players to gamble responsibly?
  3. Do you support prepositions to limit the spending, stakes and speed one can gamble at online casinos?

All three questions revealed that gamblers in the United Kingdom are mostly for further restrictions. This implies that they don’t trust the operators and sites where they place their wagers.

Public Opinion in Numbers

For example, only 9% of people oppose the reduction of a maximum stake at physical betting terminals at bookies. Similarly, only 19% oppose suggestions to add similar limits to online casinos too.

More than 80% and 74% respectively agree with the tightening of gambling options both online and offline.

When it comes to trust related to responsible gambling promotion by the gambling sites, the situation is very similar. 71% think that casinos aren’t serious when they’re promoting responsible gambling.

Likewise, only 26%, or one in four, believe such communications of online casinos are truthful.

Why Is There So Little Trust?

Many stories of gamblers suffering from mobile casinos and their addictions have surfaced in recent months. This includes the ineffectiveness of GAMSTOP and similar problem gambling organizations.

Another example (more than one, in fact) is of casino operators that send self-excluded players promotions and personal offers to make them play casino games again.

Such examples have naturally diminished the public opinion of gambling firms and the industry as a whole. The watchdogs still struggle to protect certain gamblers in some respects, so people generalize this news.

Combined with a gambling stigma and the myths of rogue casinos, like outlined on the blog of GoWin, it’s no surprise that there’s little trust in the casino industry online.

Luckily, the situation is slowly improving thanks to frequent discussions and problem solving efforts. So, this decline in the trust of UK online casinos can’t last forever.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article:
Online Punters Having Issues Trusting UK Gambling Sites

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BF Games invites players on an oriental journey with Taste of China

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taste-of-china BF Games invites players on an oriental journey with Taste of ChinaReading Time: 1 minute

 

Explore the cultural richness and mystical Chinese totems with BF Games’ new slot Taste of China.

Starring the mischievous Buddha Arhat, the game features traditional Chinese symbols including dragons, red lanterns, and pagodas that offer players the chance to win big.

Landing three goldfish scatter symbols rewards 12 free spins while wilds and super symbols trigger bonus rounds and multipliers.

The 5×3 video slot has a medium volatility, offering plenty of opportunities for players to be rewarded as they spin the colourful reel.

Piotr Szpoton, CEO at BeeFee, said: “Taste of China takes players on an amazing journey and the game has great graphics and some fantastic features.

“With stunning colourful art and all the characters and symbols you can expect from the land of dragons, this game will attract operators and players alike.”

 

About BeeFee:

BeeFee is a creative and dynamic game development studio that creates innovative slots content and IT services for the global online and land-based market. With a focus on developing high-quality games and platform, BeeFee offers an extensive portfolio of industry-leading products to the sector. The London-based company was founded by industry veterans and is also a land-based operator and slot machines producer in several European jurisdictions. Learn more at: www.beefee.co.uk

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BF Games invites players on an oriental journey with Taste of China

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ORYX boosts Spanish presence with Tecnalis partnership

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oryx-tecnalis ORYX boosts Spanish presence with Tecnalis partnershipReading Time: 1 minute

 

ORYX Gaming, a Bragg Gaming Group company, has successfully integrated its gaming content onto Tecnalis’ platform for the Spanish and Latin American markets.

As well as ORYX’s proprietary portfolio of games, content from Gamomat and Kalamba Games are now available to all of Tecnalis’ clients which includes Casino Barcelona, Casino Gran Madrid and Sportium.

Gamomat’s top-performing content, such as Books and Bulls, La Dolce Vita, and exciting side games such as Red Hot Firepot will be available, as well as Kalamba’s games with amazing retention and monetisation mechanics, including Tree of Gold and Tiger Claws.

The games are certified for the Spanish market and newly-regulated Colombia.

Tecnalis has positioned itself as the leading gaming platform in the Spanish market and is also certified in the newly-regulated Colombian market.

Matevz Mazij, ORYX Gaming CEO, said: “Tecnalis’ track record in the Spanish market is second to none and we are thrilled to have our content on their platform and available to leading operators in the country.”

Alejandro Serrano Zaera of Tecnalis, said: “We are delighted to partner with ORYX and to have their proprietary games, as well as content from their partners, integrated onto our platform.

“The stellar content is a great addition to our existing offering and will be a hit with our clients and their customers.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: ORYX boosts Spanish presence with Tecnalis partnership

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