Slot Machines Banned in Mexico

Have there been slot machines banned in Mexico? Well, the government there has issued a decree banning slot machines, and limiting the ability of casino permit holders to rent out or cede their permits to other operators. Slot machines are known in Mexico as “tragamonedas,” Spanish for “coin swallowers.” A new gambling legislation is in the process of being created in Mexico by the gambling regulatory body of Mexico the NM Gaming Control Board. The gambling legislation of Mexico was last amended in 2004 and doesn’t address internet gambling at all. Slots have proliferated in recent years to such an…

Levy deal to lead to record prize money in UK horseracing

iGaming Business – The UK’s four largest retail bookmakers – William Hill, Ladbrokes, Coral and Betfred – have agreed a deal to make voluntary contributions of £4.5 million (€5.3 million/$7.3 million) per year into British horseracing’s Levy Scheme. The four-year deal, from 2014 to 2017, was announced a week before the deadline for a new agreement. The bookmakers will make the contributions into the newly-created Incentive Fund in addition to their statutory Levy contributions. Following the agreement, the Levy yield for 2014-15 is expected to be £80.2 million – including a contribution of £7.8 million from Betfair. Philip Freedman, the…

Can Gambling Machines Prevent Addiction?

Scientific American – Forget the simple nickel slots of yesteryear. Today’s digital slot machines and poker screens in casinos and at online gambling sites are capable of amassing a wealth of behavioral data on individual players, and they are on the verge of altering game play on the fly. As the software becomes increasingly capable of “thinking” like the gamblers themselves, experts in the gambling research community are working to create machines that will identify and assist problem gamblers, rather than simply pushing players deeper into a financial hole. Researchers at the University of Brescia and other institutions in Italy…

Horse racing worries about end of online gambling law

Herald Review – A law allowing online wagering on races at Illinois horse tracks is set to expire Jan. 31. Without an extension and an agreement to pony up more funds, racing dates would be either eliminated or deeply slashed at tracks. Illinois lawmakers could take up the issue when they convene for the fall veto session next week, or discussions could be rolled into a debate over a larger gambling expansion package that has languished in the General Assembly for years. A hearing on a gambling expansion plan, which would add five new casinos and allow slot machines at…

Bill to allow gambling in Pennsylvania bars passes state Senate

Centre Daily Times – A bill that could allow several thousand bars in Pennsylvania to profit from gambling contests called small games of chance won approval from the state Senate Wednesday but fell off the fast track amid last-minute objections from Gov. Tom Corbett and House Democrats. Its passage would represent the state’s largest expansion of legal gambling in nearly four years. The bill passed the Senate 39-11 without debate and senators had initially expected a speedy vote in the Republican-controlled House of Representatives and a signature by Corbett. But that changed several hours after the Senate vote. House Democrats…

Florida to hold hearings on casinos and gambling

Miami Herald – Florida state senators are holding the first of four public hearings about the future of gambling in the Sunshine State. Some 60 people have already signed up to testify Wednesday during a meeting that will be held on the north campus of Broward College. The Senate Gaming Committee will also hold hearings in Lakeland, Jacksonville and Pensacola. The Republican-controlled Legislature in early 2012 shot down a bill to allow major casinos in South Florida. But now lawmakers are considering changing the state’s gambling laws. Among those scheduled to testify include a lawyer who has represented adult arcades…