As exchange wagering edges closer to its American debut, regulators will have to deal with many makeovers of existing laws. According to a panel appearing before legislators June 18, it will change everything.
Internet gaming is here to stay and, instead of trying to prohibit it, state governments should start regulating this exponentially growing business, a panel of experts told state lawmakers.
As the popularity of advance deposit wagering increases, states need to take action to protect their horseracing industry, the president of the Thoroughbred Owners of California told a group of legislators meeting June 13 in Northern California.
Gambling sources provide more than $25.4 billion to state and local governments, according to most recent figures, but taxes on pari-mutuel wagering provided just a little more than 1% of that total.
The National Council of Legislators from Gaming States will hold its 2008 summer meeting in Napa, Calif., from June 13-15.
Jokes aside, there could be progress on the pari-mutuel pricing front if comments by industry officials are any indication.
The question of whether state legislators should become more involved in pari-mutuel pricing and distribution continues to be asked, and at this point, there doesn't appear to be an answer--at least a definitive one.
The head of a national organization of regulators told legislators Jan. 4 issues related to pari-mutuel integrity and security need "serious attention," and alleged available resources are being neglected.
The current pari-mutuel structure has captured the attention of state legislators who will discuss the situation--and whether or not they need to get involved--during the National Council of Legislators from Gaming States winter meeting Jan. 4-6, 2008.
The independent pari-mutuel monitoring system offered by RCI Integrity Services has been endorsed by the National Council of Legislators from Gaming States.
Officials with at least one horsemen's group believe the racing industry would be best served by implementing national model rules for licensees, including trainers.
Legislators from around the country were urged June 2 to study existing regulations in the United States and around the world before they alter their policy statement on Internet gambling.
Legislators and industry officials will meet June 3 to discuss the regulation of pari-mutuel wagering and its pros and cons from state to state.
Lawmakers will tackle the complicated issue of Internet gambling during a two-hour hearing June 2 during a meeting of the National Council of Legislators from Gaming States in Boston.
The winter convention of the National Council of Legislators from Gaming States will feature a "Thoroughbred Summit" at which speakers will discuss the changing forces impacting the pari-mutuel industry.
While Internet wagering on horseracing across state lines has been legalized in 17 states, the United States Congress still hasn't determined whether other forms of casino-style gaming should be prohibited. Until it does, gambling in cyberspace remains a complex public policy issue.
Taxing gaming revenues at the current rates could kill the golden goose, the president of the American Gaming Association warned the National Council of Legislators from Gaming States meeting at Harrah's Las Vegas Friday.
Racing is making significant strides in a number of important areas, but needs legislative assistance in others, a representative of the National Thoroughbred Racing Association told a panel of legislators from gaming states Friday during a meeting in Las Vegas.
Issues related to the loss of tax dollars from Internet wagering will come into focus when state legislators from across the country meet in Las Vegas to focus on public policy questions related to Internet, casino, and other forms of gaming. The occasion will be the 2004 Winter Meeting of the National Council of Legislators from Gaming States (NCLGS) at Harrah's Las Vegas on the January 9-11 weekend.
Churchill Downs Inc. president Tom Meeker addressed the National Council of Legislators from Gaming States Jan. 11 with calls for regulatory consistency across jurisdictions and support for expanding racetrack gambling.
Churchill Downs Inc. president Tom Meeker will speak to state legislators on regulatory issues facing the pari-mutuel industry during the National Council on Legislators from Gaming States (NCLGS) winter meeting January 11 in South Beach, Florida.
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