SectorWire
SearchRegister
MenuClose

SPGA and SGLA urge New York governor to veto sweepstakes bill

Regulation

The SPGA and SGLA urged New York Governor Kathy Hochul to veto a bill that would ban dual-currency gambling platforms, according to their statements. The Assembly passed the measure, which would impose fines of $10,000 to $100,000 on violating operators; it was awaiting the governor’s decision.

The bill could prohibit affected operators from offering dual-currency gambling platforms in New York and expose violators to fines.

Request a correction

Flag an issue

Keep reading

Regulation

SGLA urges Pennsylvania and Virginia to regulate sweepstakes games

The Social Gaming Leadership Alliance is urging lawmakers in Pennsylvania and Virginia to establish licensing and taxation for Social Plus games, citing studies by Eilers & Krejcik Gaming. The studies estimate 2025 player spending of $423 million in Virginia and projected purchases of $446 million in Pennsylvania, and model annual state revenue of more than $30 million and $40 million respectively under proposed regulatory approaches.

Continue reading