New Jersey senators Vin Gopal and Paul Sarlo have proposed a constitutional amendment allowing casinos at Meadowlands and Monmouth Park racetracks. Their resolution would ask voters to approve the change and allocate 10% of tax revenue from the proposed casinos to support Atlantic City tourism.
The proposal could change where casino gambling operates and how tax revenue is distributed in New Jersey.
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US senators have introduced a bipartisan bill that would prohibit prediction-market contracts on sporting events and casino-like activities while allowing contracts with economic purposes such as hedging, according to the report. Senator Adam Schiff said the Commodity Futures Trading Commission lacks the staff and technical capacity to oversee the sector. Industry representatives dispute claims that the platforms should be treated as gambling.
Kalshi and Polymarket announced new trading restrictions on 23 March, while US senators Adam Schiff and John Curtis introduced legislation to prohibit prediction-market contracts on sports. Kalshi’s rules cover candidates trading on their campaigns and people involved in sports trading related contracts; Polymarket bars trading where users may hold confidential information or influence an outcome.
Chile’s government submitted amendments proposing a regulated private gambling market, while senators advanced competing proposals to restrict or prohibit private online gambling, according to a report. The government plan includes five-year licences, a 19% VAT on the difference between stakes and winnings, and an additional 3% gambling tax. The proposals remain under Senate consideration.
Chile's Senate is considering competing proposals on online gambling, with President José Antonio Kast's government backing a regulated private market while senators have put forward measures to restrict or prohibit private operators. The proposals remain under Senate consideration, according to a report.
Four Five Star Movement senators proposed an amendment in Italy’s Senate committee to prohibit gambling promotion and inducement directed at under-18s, according to reports. The proposal would set administrative penalties of €10,000 to €100,000 and define covered conduct to include gambling promotions, event sponsorship and misleading information.
Chilean senators have proposed competing changes to the government’s online gambling bill, reportedly. One amendment would ban online gambling and allow prison sentences of six months to three years for commercial violations; another would reserve the market for the country’s two existing lottery operators. The Senate Economics Committee must consider the proposals.