Archive | Best Practices

EveryMatrix Celebrates Their New Security Standards

EveryMatrix Celebrates Their New Security StandardsEveryMatrix recently expanded by opening offices in Asia and Europe. In their effort to attract a larger global gaming consumer-base, they recognized that they would benefit from receiving a higher security certificate.

While EveryMatrix had already invested much time and attention in their security protocols, they set out to achieve the ISO/IEC 27001 standard on Information Security Management—which they recently confirmed as a success, according to iGamingBusiness.

This certification not only highlights their commitment to security, but is an attractive feature for gamers and partners alike.

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Mobile Gaming Boom Helps Remove Bingo Ban in Minnesota

Mobile Gaming Boom Helps Remove Bingo Ban in MinnesotaAccording to local reports out of Minnesota, the popularity of mobile gaming on smartphones and tablets maybe be taking away substantial interest from state-focused and regulated games. As a result, officials in Minnesota may be compelled to act in bold ways to win back some lost attention.

“The game of bingo has been having a mixed bag of success in more recent years particularly in the UK,” the report notes. “Brick and mortar bingo halls have been in decline with less and less people opting to visit them on a regular basis. This is mostly due to financial issues and of course the increasing number of players turning instead to mobile apps and online bingo.”
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Lobbying for Restoration of the Wire Act Intensifies

Lobbying For Restoration Of The Wire Act Intensifies

In their ongoing efforts to restore the Wire Act, and once again make state regulated online gambling illegal—Sens. Lindsey Graham (R-S.C.) and Marco Rubio (R-Fla) introduced an accompanying bill to RAWA (S. 1668). The unlikely advocate, Las Vegas Sands Chairman Sheldon Adelson is still one of the bills most passionate vocal and financial supporters.

The National Association of Convenience Store’s (NACS) has hired the lobbying firm that chiefly wrote the RAWA. Currently, convenience stores monopolize the lottery ticket market, meaning that the more states that allow lottery tickets to be sold online, the more money they stand to lose.

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IRS Wants to Use Casino Marketing Tool to Track Player Winnings

IRS Wants to Use Casino Marketing Tool to Track Player WinningsAmong a casino’s most powerful marketing tools are, undoubtedly, their rewards and comps programs. Such programs reward gamblers by their frequency of visits to the casino and frequency of gambling. This means that player comp cards provide an in-depth log of gambling activity for each casino.

Currently, if a player wins more than $1,200, a reporting process with the IRS is taken care of at the casino. However, this means that when a gambler generates multiple small wins throughout the year, that their profits may be able to go under the radar.

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Mississippi Lays the Smack Down on Online Gaming

Mississippi Lays the Smack Down on Online GamingMississippi didn’t miss a beat at handing online gambling its lunch.

According to CS Report, lawmakers in the state who wanted to user in an era of regulated online gaming for lottery and sports betting have effectively been rebuffed.

Chairman of the Mississippi House Gaming Committee, Rep. Richard Bennett created the Internet Gaming and Sports Betting Task Force to introduce a study regarding the financial, legal consideration and technical aspects of online gambling. The results from the study showed very little interest in poker and more favorable interest towards sports betting.
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Quebec Tries to Blacklist Illegal Online Gambling

Quebec Tries to Blacklist Illegal Online GamblingGovernment officials in Quebec have decided they have had their fill of illegal online gambling.

Illegal online gambling, the new mainstream for gamblers, has been taking a toll on Quebec’s legal online gambling and officials are attempting to say enough is enough.

To create this blacklist, Quebec is budgeting money to mainstream blocking of any ISP addresses that lead to online gambling sites outside the country. The budget, which is now available online, is thoroughly explained in its 600-page outline. Flushdraw.net provides a snippet of the budget explaining, “For the purpose of curbing illegal online gambling, amendments will be made to the Consumer Protection Act, the Act respecting the Régie des alcools, des courses et des jeux [the RACJ is the Quebec agency that regulates the province’s alcohol, lottery, publicity contests, gambling, racing, and combat sports industries] and the Act respecting [Loto-Québec] so that Internet service providers are not allowed to provide access to an online gaming and gambling website whose name is on a list of illegal sites drawn up by Loto-Québec.”

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Rumble in the Desert: Lawyers Say Caesars Entertainment’s Buy of Caesars Acquisition Company Could Sheer Shareholders

Rumble in the Desert Lawyers Say Caesars Entertainment's Buy of Caesars Acquisition Company Could Sheer ShareholdersAs everyone knows, things are getting dicey in casino paradise.

Now shareholder rights attorneys at Robbins Arroyo, LLP are investigating the proposed acquisition of Caesars Acquisition Co. by Caesars Entertainment Corp. Just before the holidays, the two companies made an announcement that they had signed a “definitive merger agreement.”

Under the terms of the agreement, Caesars Acquisition shareholders will receive $8.96 for each share of Caesars Acquisition common stock based on the December 19, 2014 closing price.

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Senator Reid Supports Banning Online Gaming

Senator Reid Supports Banning Online GamingAccording to the Las-Vegas Review-Journal, Sen. Harry Reid said that Congress next year will take up legislation to outlaw Internet gambling, and he plans to support a ban while trying to gain an exemption for online poker.

“I think there will be efforts made to get rid of the Wire Act,” Reid is quoted in the report.

Billionaire casino owner, Sheldon Adelson, is an opponent of Internet wagering, and there was a failed effort to lobby House and Senate leaders to place a prohibition on online gambling into a year-end spending bill. But Adelson may still get what he wants in the end.

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UNLV to Open Center to Teach/Research Gaming Laws/Regulations

UNLV to Open Center to Teach Research Gaming Laws RegulationsAs casino entertainment and gaming in the digital age spread in popularity across the globe, laws and regulations have made the industry more complex. This is why a group of university officials and gaming industry professionals are creating a program at UNLV dedicated to gaming regulation, says Vegas Inc.

UNLV’s hotel college and law school are connecting to form the center that will be used to conduct research on how well different gaming regulations work and offer classes for industry professionals or new regulators with limited professional exposure to casinos to get themselves up to speed. It should be open by next academic school year with its own executive director.

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Amaya Gaming’s Quebec Offices Raided, But No Wrongdoing Alleged

Amaya Gaming’s Quebec Offices Raided, But No Wrongdoing AllegedOn Wednesday, Federal Canadian police officers Canadian market regulators stormed Amaya Gaming’s Quebec offices in an apparent raid, the details of which remain under wraps at this hour.

What we do know is that there is an ongoing investigation into trading activity that transpired prior to Amaya’s massive acquisition of the parent company of PokerStars earlier this year for close to $5 billion.

Authorities also showed up at Canadian investment bank Canaccord Genuity, as well as Canadian insurance firm Manulife Financial, as part of the same investigation.

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