House committee advances measure to restore full gambling loss tax deduction
A measure to restore the full federal tax deduction on gambling losses advanced out of the House Ways and Means Committee, giving Rep. Dina Titus, D-Nev., an opening to press House leadership for a floor vote before the end of the year. The committee approved the fix Wednesday after attaching it to…
First reported by Yogonet.
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UK House of Lords Members Call for a Wide-Scale Ban on Gambling Ads
Members of the United Kingdom’s House of Lords are calling for a full-scale ban on gambling advertising across the UK, following a report by the House of Lords Liaison Committee which criticized the government for being “too passive” in responding to the rapid expansion of digital advertising…
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Key Congressional committee backs reversing gambling loss tax deduction change
A year-long effort to reverse the change to the federal gambling loss tax deduction finally took a step forward in Congress this week. The House Ways and Means Committee (WAM) voted 38-5 to pass a measure that would restore the 100% gambling loss tax deduction. Those deductions were capped at…
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UK Lords call for blanket gambling advertising ban
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House of Lords Liaison Committee calls for UK gambling ad ban, citing up to 1.5m problem gamblers
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RG24seven launches RG-CERTIFIED compliance training program for gaming industry
RG24seven Virtual Training has announced the launch of RG-CERTIFIED, a compliance training program developed specifically for the global gaming industry. RG-CERTIFIED provides gaming operators, both land-based and online, regulators, product suppliers, and other gaming organizations with…
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Cambodia’s Prime Minister rules out casinos in Siem Reap and orders a review of existing licences
Review follows ban on online gaming and suspension of 73 casino licences Cambodia’s Prime Minister Hun Manet has unequivocally said there will be no casino licences issued in the province of Siem Reap whilst also ordering a complete review of Cambodia’s more than 100 existing casino licences.…
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Polymarket becomes first prediction market to be blocked by Lithuanian regulator
Lithuania’s gambling authority has blocked Polymarket following the predictions platform’s attempts to “circumvent restrictions on illegal remote gambling”. The operator is the first in its sector to be restricted by Lošimų priežiūros tarnyba (LPT) as the regulator views its operations as a…
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Lords committee calls for comprehensive gambling advertising ban
The committee expects a response within two months, and has set out a full fallback list if ministers… The post Lords committee calls for comprehensive gambling advertising ban appeared first on European Gaming Industry News .