Daily Archives: November 3, 2023

Jockey Club CEO launches petition against affordability checks

Nevin Truesdale, CEO of The Jockey Club’s is rallying opposition against the proposed implementation of financial risk checks on online gamblers in the UK through an online petition.

The petition, entitled “Stop the implementation of betting affordability/financial risk checks”, went live on Wednesday. By 5pm UK time on Friday, the petition had received more than 43,500 signatures.

When a petition reaches 100,000 signatures, it is considered for a parliamentary debate.

The petition underlines belief “in the freedom of the individual to choose how to spend their money”, Truesdale stated.

Financial risk checks were one of the many terms put forward in the Gambling Act review white paper. The Gambling Commission concluded a public consultation last month after receiving over 2,000 responses.

Media misinformation claims

However, the subject has proven to be highly controversial.

In a recent speech, Commission chief Andrew Rhodes hit back at what he called “misinformation” in the me..

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Maine sports betting market opens for business

Maine has today (3 November) officially opened its legal sports betting market, with both Caesars and DraftKings already live in the state.

Milt Champion, executive director for the Maine Gambling Control Unit (GCU), only told iGB of the launch plans in the middle of the week. Now, just a few days later, the sports betting market is now live, with consumers already placing bets.

DraftKings is one of two operators to go live on opening day despite only confirming its plans for betting Maine earlier this week. It has linked up with the Passamaquoddy tribe to launch online.

Also launching today is Caesars who are going live in partnership with three of the Wabanaki Nations. These include the Houlton Band of Maliseet Indians, Mi’kmaq Nation and Penobscot Nation.

“Maine sports fans deserve an elevated sports wagering experience that matches the pedigree of sports fandom in New England,” Caesars Digital president Eric Hession said. “The launch of Caesars Sportsbook delivers on that pedi..

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Oklahoma governor sets out legal sports betting plans

Kevin Stitt, the governor of Oklahoma, has set out proposals to legalise online and in-person sports betting in the US state.

Oklahoma is one of only 15 states yet to regulate sports wagering. However, Stitt’s proposal could open the door for the state to open a legal market.

Plans are at an early stage, but Stitt has set out how the market could work in Oklahoma.

Retail betting would be limited to federally recognised Indian tribes, in line with a state-tribal gaming compact. Stitt said in-person wagering revenue would be taxed at a rate of 15%.

As for mobile betting, Oklahoma would award licences for operators to offer this form of betting to players. Licences would cost an initial $500,000 (£409,795/€470,463), plus an annual renewal charge of $100,000.

Mobile licence-holders would be able to accept sports bets from anywhere inside the state of Oklahoma. They would also be subject to a higher tax rate than retail operators, with this set at 20% of revenue.

“I promised Oklahoman..

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