The Kansas State Senate’s Committee on Federal and State Affairs has introduced a bill on sports betting. Senate Bill 283 would allow casinos already licensed by the Kansas Lottery Commission to launch on-premises sports betting, while these facilities may also offer two online betting skins.
Retail sports betting revenue would be taxed at a rate of 7.5%, while a 10% tax would be placed on revenue from online sports bets.
If only one (or no) operator takes up the option to create an online product after two years, the lottery may create an online betting product of its own. In addition, sporting venues in the state may enter into a contract with a licensed sports betting operator to allow the operator to set up a location at their venue.
The bill also allows licensees to create “an area where patrons may engage in sports wagering at sporting facilities”, though adds that this activity shall be limited only to online platforms.
However, it specifies that this only applies to motorsports or multi-sport facilities in Wyandotte County with a minimum investment of $50,000,000, in practice meaning only Kansas Speedway and MLS team Sporting KC’s Children’s Mercy Park may take advantage of this option.
The bill would also require that if a federally recognised Indian tribe submits a request to negotiate a gaming compact regarding sports wagering, then the Governor must to “negotiate in good faith” to enter into such a compact.
BOS Opposes Swedish Government’s Credit Card Ban
On Friday, the government came out with a proposal to ban the use of credit cards for gambling. The government is thus going against its own state investigation into the matter, the so-called Over-indebtedness Inquiry.
In a previous opinion, BOS has supported the Over-indebtedness Inquiry’s conclusion to continue allowing credit cards for gambling.
“It is sad that the government does not listen to its own expertise and instead proposes a ban on credit cards when gambling, contrary to what the government investigation has concluded. Interestingly, the government does not propose a corresponding credit card ban for the purchase of alcoholic beverages, which in Sweden is only offered by a retail monopoly owned and operated by the government itself,” Gustaf Hoffstedt said.
“The government is handing yet another competitive advantage to the unlicensed gambling market, which has a 41% market share when it comes to online casino. The risk is great that unlicensed gambling will overtake and gain a larger total market share than licensed gambling in 2024. The government needs to change focus and show that it is on the same side as the licensed gambling companies and the safeguarding of consumers,” Gustaf Hoffstedt added.
James Blake Fined for Breaching Tennis Sponsorship Rules
Miami Open tournament director and former top 10 player James Blake was fined $56,250 for violating tennis’ rules about betting sponsorship, the International Tennis Integrity Agency announced Wednesday.
The London-based ITIA said the violation was unintentional and Blake “cooperated fully with the investigation and did not contest the charge”.
If Blake breaks the rules again during an 18-month probationary period that began on Feb. 9, the agency said he would be subject to an 18-month suspension and an additional fine of $131,250.
The TACP rules state that: “No Covered Person shall directly or indirectly, facilitate, encourage and/or promote Tennis Betting (Facilitation).”
Karen Moorhouse, CEO of the ITIA, said: “Across our members – the ATP, WTA, ITF and Grand Slams – the rules prohibit accredited individuals from having commercial relationships with betting companies.
“This case is more a matter of perception, rather than corruption. The rules apply to players, coaches, officials and accredited tournament staff – who all have the ability to influence results or have access to inside information.
“We urge anyone in the sport who is unclear or is considering commercial deals like this to get in touch with us to seek guidance.”
The ITIA is an independent body established by its tennis members to promote, encourage, enhance and safeguard the integrity of professional tennis worldwide.
California Gambling Control Commission Announces Comprehensive Agenda for Upcoming Meeting
The California Gambling Control Commission (CGCC) has officially released the notice and agenda for its forthcoming commission meeting, set to take place on Thursday, March 7, 2024. In a move to accommodate participants from various locations and enhance accessibility, the CGCC has announced that the meeting will be held both in person and via tele/video conference.
The primary location for the in-person meeting will be at the CGCC’s headquarters in Sacramento, located at 2399 Gateway Oaks Drive, Hearing Room 100 on the first floor. Additionally, satellite locations have been established to cater to attendees in Northern and Southern California, including the Judicial Council of California’s Milton Marks Conference Center in San Francisco and the Carolyn Owens Community Center in Chino, respectively.
For those unable to attend in person, the commission is providing a Zoom link (https://zoom.us/j/2857578614) and a toll-free call-in option (1-888-475-4499, Meeting ID: 285 757 8614), ensuring widespread participation. The CGCC emphasizes that public participation is strongly encouraged, recommending virtual attendance through Zoom for convenience, although in-person attendance is welcomed, particularly at the Sacramento primary location.
The agenda for the meeting is packed with critical discussions and deliberations, starting promptly at 10:00 a.m. Key items include the approval of meeting minutes, consideration of initial and temporary licenses for third-party proposition player services employees, and key employee findings of suitability in line with tribal-state gaming compacts. The meeting will also address renewal applications for key employee licenses and commission work permits among other consent calendar items.
This comprehensive meeting underscores the CGCC’s dedication to transparency and public involvement in its regulatory duties. It offers an opportunity for professionals in the gambling sector, stakeholders, and the general public to engage directly with the commission’s activities and decisions affecting the gambling landscape in California.
For more details on the agenda and how to participate in the meeting, please visit the CGCC’s official website at www.cgcc.ca.gov.
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