BetMGM is the latest gambling operator to confirm it will prevent its customers from using credit cards to fund player accounts for online wagering. During a regulatory hearing in Pennsylvania …
North America
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TheBritish Columbia government announced on Wednesday that it is revamping the way it provides gambling support to residents. Effective April 1, B.C. will upgrade its Gambling Support BC program with …
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SBC AmericasNorth AmericaSBC News
BetMGM emerges as latest operator to impose ban on credit card funding
by SBC Americas3 minutes readBetMGM is the latest gambling operator to prevent its customers from using credit cards to fund player accounts for online wagering. The MGM Resorts and Entain joint venture plans to …
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SBC AmericasNorth AmericaSBC News
New York Assembly passes bill to mandate automatic betting statements
by SBC Americas3 minutes readThe New York Assembly gave final approval on Tuesday to a bill that would require the state’s licensed online sportsbooks to provide customers with monthly statements outlining their wagering activity. …
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PGCB fines BetMGM $100,000 for four separate KYC violations
by SBC Americas3 minutes readBetMGM added to its recent regulatory penalties with a hefty fine levied by the Pennsylvania Gaming Control Board (PGCB) for violations from over two years ago. On Wednesday, the PGCB …
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SBC AmericasNorth AmericaSBC News
Colorado senators divided on whether state should ban prop bets
by SBC Americas6 minutes readColorado lawmakers, licensed sportsbooks, gaming regulators and more industry stakeholders spent four hours on Tuesday debating Senate Bill 26-131, a wide-ranging measure that aims to protect against “abusive practices” in …
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CFTC notes sports integrity concerns in prediction markets guidance
by SBC Americas6 minutes readThe Commodity Futures Trading Commission (CFTC) delivered the first piece of its promised new guidance on prediction markets on Thursday, and devoted a large chunk of its public notice to …
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SBC AmericasNorth AmericaSBC News
Bipartisan Congress bill would ban political and sports event contracts
by SBC Americas5 minutes readA pair of House members from Utah and California are the latest lawmakers to make a legislative attempt to change how prediction market platforms can offer event contracts. Reps. Blake …
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SBC AmericasNorth AmericaSBC News
DFS operators roll out 50-state self-exclusion program with idPair
by SBC Americas2 minutes readA group of leading daily fantasy sports (DFS) operators have launched a national self-exclusion program to encompass all 50 U.S. states and D.C. PrizePicks, Underdog, Dabble and Splash Sports have …
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SBC AmericasNorth AmericaSBC News
Congress introduces POINTS Act for federal funding for problem gambling treatment
by SBC Americas3 minutes readA group of bipartisan lawmakers is making a legislative effort to provide federal funding to support prevention, screening and treatment services for gambling addiction to the public. Reps. Erin Houchin …