Australia credit card gambling ban comes into effect

Previously, players in Australia have been able to fund gambling using a credit card or other, similar products. However, the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023, which was introduced last September, has stopped this practice with the new ban.

The legislation, which amends the Interactive Gambling Act 2001, secured approval in the country’s parliament late last year. Australia’s house of representatives passed the bill in November, allowing it to progress to the senate, where it received the green light a few weeks later.

The credit card ban applies to almost all online gambling in Australia. A ban on land-based gambling was already in place. However, the ban excludes certain games, with consumers still able to use credit cards to play lotteries and keno.

A six-month transition period was put into effect, allowing licensed operators to prepare for the changes. This has now concluded, with those who breach the rules facing a fine of up to AU$234,750 (£121,809/€144,025/US$154,978).

The bill also grants new powers to the Australian Communications and Media Authority (ACMA). These include enforcing new and existing penalty provisions, as well as assuming responsibility for issuing penalties for breaches.

“Our government takes seriously our responsibility to prevent and reduce harm from online wagering,” the minister for social services, Amanda Rishworth, said. “Our ban on credit cards will help with this goal. You can’t use your credit card to place a bet for land-based gambling. Now the same rules apply for online gambling.”

Ban builds on other measures to tackle gambling harm in Australia  

The credit card ban is by no means the only step Australia has taken to address gambling harm.

Other recent initiatives include launching BetStop, the national self-exclusion register. Since going live last August, more than 22,000 Australians have self-excluded from online wagering and promotions.

The government has also introduced mandatory pre-verification. This requires operators to verify a customer’s identity when they register for an account and before they can start betting. Online operators must also send customers monthly activity statements outlining their wins and losses.

Other steps include replacing the Gamble Responsibly message on wagering advertising with evidence-based taglines. In addition, the government has committed to introducing nationally consistent staff training.

As for future changes, from September, mandatory minimum classifications for gambling-like content in computer games will come into effect.

“I am proud of the steps we have taken so far to protect vulnerable Australians,” Rishworth said. “We recognise there is still much to do – and we will keep working to create a safer environment for Australians at risk of gambling harm.”

The minister for communications, Michelle Rowland, added: “Australians should not be gambling with money they do not have. Last year, the Albanese Labour government committed to banning credit cards for online wagering – and we’ve delivered.

“This ban builds on the significant progress to minimise gambling harm that the Albanese government has made over the past two years, which is already benefitting thousands of vulnerable Australians.

“Our commitment to ensuring that gambling takes place within a robust legislative framework with strong consumer protections remains steadfast and we will have more to announce in due course.”

Criticism remains over exclusions

While the ban has been relatively well received, there has been criticism over the decision to exclude certain types of gambling.

Responsible Wagering Australia (RWA), a leading advocate for a credit ban, has repeated calls for the ban to be extended and cover all types of gambling.

“This is an important measure to protect customers, making it easier for people to stay in control of their own gambling behaviour,” RWA CEO Kai Cantwell said. “It will complement the existing offering of safer gambling account management tools by RWA members. 

“RWA and its members support the extension of this measure to all forms of gambling that have been exempted from the ban such as lotteries and keno.  

“If consumer protection measures aren’t consistent across all forms of gambling it will incentivise vulnerable Australians to move to less-regulated types of gambling, where they are more at risk of harm.”

US May round-up: Year-on-year growth in Iowa, Maryland and Tennessee

Player spending was higher in each state in May. Revenue also increased in both Iowa and Maryland during the month, although Tennessee no longer reports this data.

Beginning the monthly analysis in Maryland, player spending on sports betting in May hit $431.5m (£338.9m/€400.7m). This is 34.8% ahead of last year but 11.3% behind April’s total spend of $486.3m.

Of this total, $419.5m, was bet online, while consumers wagered a further $12.0m at retail facilities.

As for revenue, after deducting prizes, promotional wagers and other amounts, this stood at $46.6m. The monthly total is 50.3% higher than last year and 22.6% more than April, despite a lower handle.

Some $45.7m of all taxable win came from online betting, with retail contributing $875,290.

It was also noted Maryland was able to collect $7.0m in tax, including $6.9m from online and $131,294 retail. Maryland taxes sports betting at a flat rate of 15.0%.

For the year to date, total sports betting spend in Maryland stands at $4.46bn, up 89.2% year-on-year. Revenue-wise, this is $363.9m, an increase of 143.4%.

Iowa handle and revenue increase in May

Turning now to Iowa where handle for May hit $182.5m. This is 23.6% ahead of $147.7m in the same month last year but 12.9% behind April this year.

Players spent $169.5m betting on sports online in Iowa, with a further $13.0m wagered at retail sportsbooks.

As for revenue, this totalled $16.7m, marginally higher than both $16.6m last year and $16.5m in April 2024. Of this, $14.9m came from online betting and $1.8m retail locations. 

FanDuel and Diamond Jo Dubuque remain the market leaders in Iowa. During May, this partnership generated $5.0m in revenue from $44.6m in total bets.

DraftKings and Wild Rose Jefferson placed second with $2.4m off a $29.9m handle. Sister property, and another DraftKings partner, Wild Rose Clinton, followed in third with $2.2m from $23.2m.

Tennessee mobile sports wagers reach $381.8m in May

Finishing in Tennessee, where gross mobile handle in May hit $381.8m. This is 36.2% up from $279.8m in the same month last year but marginally lower than $384.2m in April.

After accounting for $2.6m in adjustments, gross handle in Tennessee was $379.2m. This is 0.5% behind April, with no comparable figures available for last year.

Tennessee no longer reports monthly revenue figures. Last May, adjusted gross revenue for the month totalled $35.7m. 

Privilege tax from sports betting in May hit $7.0m, 1.4% lower year-on-year and level with April’s total.

New York sports betting revenue tops $200m in May

According to figures released by the New York State Gaming Commission, the total figure was $203.3m in May. This was only the second time GGR was above $200m in a month, and the first since the $211.5m achieved in January 2024. The GGR figure was also up by 33.8% compared to May 2023.

New York mobile sports betting handle was $1.97bn during the month. This was up 45.9% year-on-year and the biggest amount since the record month of November 2023.

Net revenue to platform provider was $99.6m. This was also the second highest figure since New York’s legal sports betting market was introduced at the start of 2022.

FanDuel still top in New York sports betting

FanDuel remained the biggest winner in New York during May, achieving GGR of $88.0m. This was from handle of $747.5m. While second placed DraftKings took in handle of $812.3m, GGR was $84.2m.

Caesars Sportsbook was the only one of the other seven operators to post GGR of above $10m. From handle of $160.0m it generated GGR of $11.1m.

BetMGM announced handle of $117.3m and GGR of $8.1m, while Fanatics brought in GGR of $7.0m from $71.7m.

New York goes from strength to strength

Since New York opened its legal online sports betting market in January 2022, the state has seen impressive growth.

New York is some way clear of other, longer established regulated betting markets in other US states. These include New Jersey and Indiana, which have been open a good few years longer than New York but now flag behind in terms of both revenue and handle.

This growth also makes New York the largest contributor for sports betting tax. Earlier this year, the Quarterly Survey of State and Local Tax Revenue (QTAX), carried out by the United States Census Bureau, confirmed this.

According to the report, New York contributes over 37.0% of total tax revenue generated by sports betting in the US. 

During Q3 of 2023, sports betting accumulated national tax and gross receipts of almost $506.0m. New York contributed $188.5m to this total, nearly five times higher than Indiana’s $38.6m. 

However, it is worth noting that no state has a higher tax on gross gambling revenue than New York’s 51%.

PAGCOR defends legitimate POGOs as raid uncovers evidence of torture

The Philippine Amusement and Gaming Corporation (PAGCOR) chairman and chief executive Alejandro H. Tengco said alien hacking and scam syndicates, rather than legitimate POGOs, are the real threat to national security.

PAGCOR’s chief said legitimate POGO businesses, which are licensed by PAGCOR, contributed more than PHP5bn ($85m/€79m/£66m) to the regulator’s gross revenues in 2023.

Tengco spoke after the raid of a POGO facility in Porac, where more than 100 illegal workers were discovered. Many had been the victims of torture and human rights violations, according to the Presidential Anti-Organized Crime Commission (PAOCC).

“To us, the real threat are the alien hacking and scam syndicates who operate underground, and they are the ones that our law enforcement agencies are trying to locate and dismantle,” said Tengco. “We are cooperating fully with the authorities in this regard.”

PAGCOR defends POGO record

PAGCOR defended its record in monitoring licensed operations. Tengco said it has imbedded monitoring teams in the physical venues of all licensed gaming operators, including land-based casinos, to ensure compliance with the terms of their licenses. He added that those found violating the provisions of their licenses face fines, penalties and the loss of their licence.

“We do not need to outlaw POGOs. What we need to do is intensify anti-crime operations against suspected alien hackers, against scammers and cyber-criminals who are usually hiding in highly secured buildings and compounds,” Tengco said.

“These criminal syndicates are not engaged in offshore gaming at all, and even if they are, they are doing it illegally.

“So they are the real threat, and we must go after them with everything that we have.”

Latest POGO raid

The Porac raid was the latest carried out on POGO facilities. Reports claim PHP600,000 cash, jewellery, and drugs were seized inside seven buildings at the Lucky South 99 complex.

The POGO sector is becoming increasingly controversial in The Philippines, with claims that politicians and judiciary figures are under its control. Last week’s raid was delayed for several days after a judge withdrew a search warrant. There are also claims that the illicit POGO facility had been tipped off in advance of the raid. The authorities had expected to locate more than 1,000 workers.

In May 2023, the police raided the offices of gaming service provider CGC Technologies. It is accused of several serious offenses including credit card fraud and human trafficking.

In June 2023, a number of state agencies joined the Clark Security Advisory Council to coordinate work combating illicit activities.

Maine sports betting revenue dips despite handle recovery in May

Adjusted gross receipts from sports betting in May amounted to $3.3m (£2.6m/€3.0m). This is less than the $4.1m posted in Maine during April

Maine calculates adjusted gross receipts by subtracting voided and cancelled bets, federal excise tax and player winnings from handle.

On the subject of player spending, total handle for May amounted to $39.9m. In contrast to the revenue decline, total wagers were up 4.2% month-on-month from $38.3m in April.

Consumers won a total of $36.3m from sports betting during May while Maine collected some $331,279 in tax.

DraftKings the clear leader in Maine

At present, Maine is home to just two approved online sports betting operators in the form of DraftKings and Caesars. The former has led the market by some distance since it opened in November last year.

For May, DraftKings posted $2.9m in adjusted gross receipts from $33.1m in bets. DraftKings is partnered with the Passamaquoddy tribe in Maine.

As for Caesars, adjusted gross receipts in May amounted to $427,718. The operator, which works with three Wabanaki nations – the Houlton band of Maliseet Indians, Mi’kmaq nation and Penobscot nation – took $6.8m in wagers.

In terms of year-to-date, total adjusted gross receipts for the five months to the end of May hit $19.9m. Of this $17.8m is attributed to DraftKings, with the other $2.1m from Caesars.

This comes with players spending a total of $197.7 during the period. DraftKings processed $164.2m in bets, with Caesars’ handle for the year-to-date at $33.5m.

North Carolina betting revenue drops 40.1% in second full month

The $63.1m figure fell 40.1% short of April’s total of $105.3m. April was the first full month of betting in North Carolina after operators went live on 11 March.

The May revenue was also 5.1% behind the $66.5m generated in March despite the market only launching 11 days into the month. However, that three-week period included March Madness, with all three North Carolina teams – UNC, NC State and Duke – playing in the tournament.

Handle, meanwhile, stood at $525.5m, again the lowest total yet. The figure was 19.0% short of April’s $648.9m and 20.3% behind March’s $659.3m.

A total of $458.7m was paid out in winnings in May, a hold percentage of 12.3%. In April, operators reported a hold of 17%.

The state didn’t disclose how much tax revenue had been received. Digital operators are taxed at 18% of GGR in North Carolina.

Promos again fall

March saw $202.6m paid out in promotions as operators looked to gain a foothold in the newly launched market.

That figure fell to $79.7m in April, and it again decreased significantly in May, falling 61.2% to $30.9m. May’s promotional total was also just 15.3% of March’s $202.6m.

North Carolina does not yet break down its revenue reports in operators or sports. Eight platforms launched when the market went live, including big hitters such as FanDuel and DraftKings. Also present are two tribal casinos.

All North Carolina operators are mandated to be tethered to a tribal casino or sports venue. DraftKings has partnered with Nascar, while BetMGM has formed a link with the Charlotte Motor Speedway.

North Carolina market unlikely to be broadened

Though North Carolina has launched online sports betting this year, it appears unlikely other verticals will be introduced in the near future.

Tim Moore, Speaker of the House, told CBS 17 leftover bad feeling from last year’s session means the chances of other forms of gambling such as video lottery terminals (VLTs) being introduced look slim.

Moore said: “I do think that the conversation last year as it related to casinos has put a shadow over the discussion about updates to the lottery with VLTs and so forth.”

State of the Union: A look back at the week that was in North America

NY to require gambling hotline number on ads

New York is poised to become the next state to tighten gambling advertising guidelines after the Senate passed a bill that would require any ads to have warnings about “harmful and addictive behavior”.

AB 1118 originated in the House, passed the Senate and was sent back to the House for final consideration. It’s now headed for the governor’s desk. The key requirement is that a problem gambling hotline number be posted on every advertisement. .

Another bill that would have required that all applications for three downstate casino licenses be submitted by 31 August did not get a final vote before adjournment Thursday (6 June). The bill, SO 9673, would also have required final approval for the licenses by 31 December 2025.

Still waiting …

Illinois Governor JB Pritzker signed a budget bill late Wednesday (5 June), but not the one that includes a graduated wagering tax increase. According to WGEM, Pritzker has plans to sign that bill, HB 4951, before the end of the month. The new tax structure, which will tax sports betting annual adjusted gross revenue over $200m at 40%, is supposed to go into effect 1 July.

If FanDuel/Draft Kings leave bc of the tax, I’m sure the state will still go after them for $. The sports betting apps better have good Geo fencing tech to prevent

Pritzker bets FanDuel, DraftKings won’t leave Illinois over hefty sports wagering tax hike https://t.co/BbMQsv4cs3

— Brittany Petrowsky (@BRITT_PETR0) June 5, 2024

Mass regulator stands firm

Massachusetts Gaming Commission chair Jordan Maynard Monday (3 June) reiterated that any discussion about bettor limits would have to take place in a public forum. The Commission last month held a roundtable to discuss bettor limits, and all live operators declined to attend.

The operators wrote to the MGC ahead of the meeting saying they were open to the discussion, but behind closed doors. Monday, Maynard said representatives from FanDuel had contacted him, but he’s staying firm on public discussion.

Massachusetts has an open-meeting law, which limits how many commissioners can gather to discuss a topic outside of a meeting.

“I will ensure that FanDuel and any other operator know that each commissioner will need to be updated in a way that is transparent and fully compliant with the open-meeting law,” Maynard said. “That said, I wanted to acknowledge that reach out and am hopeful for the future as our learning on this issue continues.”

Also at the meeting, operators presented first-quarter reports. The state’s sportsbooks brought in $171.1m in revenue. DraftKings was the top producer, bringing in $91.9m.

Cherokees submit plan for Pope County (Ark.) casino

Cherokee Nation Entertainment Wednesday (5 June) submitted a proposal to build a casino in Pope County, Ark., according to TB&P. The submission comes six years after Arkansans voted legalise sports betting and allow up to four brick-and-mortar casinos. Three other casinos are either open or in progress. The Pope County application deadline is 11 June.

The Cherokee Nation proposal includes a 200-room hotel and 50,000 square-foot casino with 1,200 slot machines and 32 table games. The casino would also have a sportsbook and dedicated poker room. A music venue, water park, RV park and dog park are also part of the plan. The tribe plans to make a $300m investment in the Legends-branded casino resort.

Moving to firm ground

Gaming and Leisure Properties has committed up to $111m to move its Belle of Baton Rouge casino resort from Mississippi River onto land, the Baton Rouge Advocate reported. When gambling was first legalised in Louisiana, physical casinos had to be on riverboats. The law has since changed. GLPI has plans to move the casino and renovate the 250 hotel rooms. The casino will be operated by Casino Queen & Entertainment.

Worth the read

Interested in how sportsbooks and casinos manage their VIPs? CasinoReports’ Brett Smiley took a deep dive into how casinos and sportsbooks define VIPs, how VIP hosts are trained, and how hosts identify potential problem gambling issues. Take a look.

In other news …

Demolition and construction at the Mirage site will be in three phases over 18 months, KTNV reported. According to permits pulled at the Clark County Department of Environment and Sustainability, the iconic volcano will be the first thing to go. Phase 2 will include deep excavation and the building of the 660-room guitar-shaped tower. Phase 3 will involve landscaping, building walkways, and other surface improvements.

Hard Rock’s Bristol, Va. property won’t open its permanent location as planned next month, the company announced Wednesday (5 June). Hard Rock didn’t name a date, but pointed to an end-of-year grand opening. There is already a temporary casino operating at the site.

FanDuel is close to a deal to take over the naming rights for Diamond Sports regional sports network, according to Bloomberg News. Bally’s currently has the naming rights. FanDuel would purchase an equity stake in the company.

Ontario Lottery and Gaming has issued an RFP as it moves to update its back-end technology, according to CDC Gaming. The goal is to offer customers more choices and a better experience, and to generate more revenue for the province.

Gaming compliance company Continent 8 Tuesday (4 June) announced it is now licensed to operate in Nevada. The company, which offers regulatory compliance solutions, is already operating in 30 US jurisdictions.

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Fourth suspect in NBA gambling scandal turns himself in

Awawdeh, Timothy McCormack, Mahmud Mollah and Long Phi Pham all allegedly conspired with former NBA player Jontay Porter. According to the complaint, the NBA gambling scandal revolved around Porter twice removing himself from games so that “under” bets made by the defendants would pay.

The four defendants bet on Toronto Raptors games played 26 January and 20 March. They wagered with legal operators DraftKings and FanDuel, who ultimately reported suspicious activity to the NBA and the International Betting Integrity Association (IBIA).

NBA commissioner Adam Silver in April banned Porter from the league for life. Porter isn’t directly named in the complaint, but is referred to as “Player 1,” who was issued a lifetime ban. Porter is the only NBA player to get a lifetime ban.

Similarly, DraftKings and FanDuel are’t explicitly named, but are referred to as “Betting Company 1” and “Betting Company 2.” In the complaint, federal investigators wrote that the betting companies are “co-official sports betting partners of the NBA”. DraftKings and FanDuel are the co-official sportsbooks with the league.

JUST IN: Former #Mizzou basketball player Jontay Porter, banned from NBA for sports betting, released his first statement through his attorney to @ksdknews.

“Jontay Porter was in over his head due to a gambling addiction. He is undergoing treatment.”https://t.co/Zl9uUFcGHE

— Rob Edwards (@RobertDEdwards) June 7, 2024

Awawdeh threatened Porter

The US Attorney’s office released the unredacted complaint for the NBA gambling scandal Friday. It revealed that Awawdeh is the author of a text to Porter that suggested a way for Porter to pay down debt. The suggestion was to do a “special,” or leave a game early to make sure under bets paid. Also revealed is a text that Awawdeh allegedly sent to Porter that reads, “Screenshot this … Me ammar awawdeh born 7/23/91 is forcing [Player 1] to do this.”

Porter allegedly replied with “If I don’t do a special with your terms. Then it’s up. And u hate me and if I don’t get you 8k by Friday you’re coming to Toronto to beat me up.”

While the defendants were betting with legal operators, taken together, the texts seem to indicate that Porter was betting illegally. If that’s true, Porter could face criminal charges, in addition to being banned from the league. Silver issued the lifetime ban in part because Porter shared personal health information, which is not a criminal offense. But betting with an unregulated, illegal bookmaker is.

Awawdeh funded another suspect’s bets

According to the complaint, Awawdeh did not personally bet on the 26 January game, but a relative of his did. That person put down $10,000 on an “under” parlay that paid because Porter did not meet the bet’s threshold for three-pointers, assists and steals. The bet paid $85,000, and the profit was $75,000. Awawdeh did not bet on the 20 March game either.

However, Awawdeh may have had more money down on Porter than it appears. The complaint shows that Awawdeh sent a text to Mollah on 10 April that reads, “I really need you to hound [Betting Company 1]. At least get me back my principle $.” FBI Special Agent Dominic Mariani wrote in the complaint that he interprets this text to mean that Awawdeh funded Mollah’s bet.

Arizona Dept. of Gaming opens new event wagering application window

The ADG will consider a minimum of one event wagering application each for a tribal casino and professional sports franchise.

In Arizona, event wagering operators must be tethered to a professional sports franchise or Indian tribe. The law allows for 10 licenses each for pro sports venues and tribes. Nine tribal licenses are spoken for, and eight of the pro-franchise licenses have been issued. That means there is one tribal license and two pro-franchise licenses available.

A key question is whether or not there are anymore professional sports venues that could even qualify for a license under the law.

Will anyone apply for pro-franchise license?

The NFL Arizona Cardinals (BetMGM), NHL Phoenix Coyotes (SaharaBet), MLB Arizona Diamondbacks (Caesars Sportsbook), AFL Arizona Rattlers (BetRivers), WNBA Phoenix Mercury (Bally Bet), Phoenix Speedway (ESPN Bet), NBA Phoenix Suns (FanDuel), and TPC Scottsdale (DraftKings) are all licensed.

The Coyotes remain licensed even though the team has moved to Utah.

Previously, the United Soccer League’s Phoenix Rising applied for a license, but the ADG determined it didn’t meet the specifications set out by law. The team applied and was denied during the original event wagering application window in 2021. It later declined to apply again in 2023. It’s unclear what other professional sports teams that play at the highest level in the state could qualify.

Since Fanatics Sportsbook launched in partnership with the Tonto Apache Tribe in April, every major US operator is live in Arizona.

Tribal license likely to have at least one applicant

It’s more likely that any operator that wants to get into the state will partner with a tribe. When event wagering first went live in Arizona, all 10 licenses were issued, and many tribes were left without.

Since then, several tribes have lost partners due to market consolidation and other factors. The Tonto Apache lost its original partner when TwinSpires exited the market. The Ak-Chin Indian Community (bet365) lost its original partner when Fubo Sportsbook shuttered.

The Quechan Tribe of the Fort Yuma Indian Reservation are the most recent to lose a partner when Unibet announced it would exit the state.

In every licensing round, if a tribal license was available, there were applications.

Truesdale to exit as chief executive of Jockey Club

Nevin Truesdale has led the Jockey Club as chief executive since April 2020. Prior to this, he spent time as its chief financial officer and group finance director.

Before joining the organisation, Truesdale worked at British Gas for almost five years. This included spells in various senior financial roles.

Truesdale will continue to lead the Jockey Club in the coming months. He will work with the board of stewards and executive team to manage the transition to his successor.

Under his leadership, the Jockey Club has seen growth across all revenue lines and attracted new commercial partners to racing. The organisation has also expanded its customer base and digital platforms.

Truesdale has also played a prominent role in campaigns against various issues facing the racing sector. These include leading the petition to parliament against betting affordability checks and tackling illegal protest groups in 2023.

“The Jockey Club has a unique role,” Truesdale said, “being run solely to invest the money it makes back into our sport. It has been a true privilege and my career highlight to work for and then lead this organisation over the past 11 years.

“Together we have laid strong foundations for the future which will enable my successor to continue to grow the Jockey Club and ensure it continues to invest for the benefit of our sport and the communities it serves.”

Truesdale praised for outstanding contribution

Sandy Dudgeon, senior steward of the Jockey Club, paid tribute to the outgoing Truesdale. She hailed his “outstanding contribution” to both the organisation and the horse racing industry.

“Nevin took over the role of chief executive at an extremely challenging and unprecedented time both for the business and the whole racing industry,” Dudgeon said. “He steered us successfully out of the impacts of the Covid-19 pandemic and cost of living crisis.

“He has also overseen a period of significant business transformation and improvement, as well as the building of a very strong team, for which the board of stewards and I are immensely grateful. Nevin will leave our business and sport in a better place thanks to his leadership, with a new long-term plan to strengthen and grow our business and sport.”

Dudgeon added Truesdale announcing his exit now will allow the Jockey Club to identify and appoint a successor ahead of time. 

“By putting in place an orderly transition, we will ensure a smooth handover to new leadership and continuity in running the Jockey Club,” Dudgeon said.

“Nevin leaves with our very best wishes for success in his future career but, for now, there is much to do and it is very much business as usual.”