Tag Archives: oregon

Oregon Racing revamps totalizator network with Colossus Bets

SBC News Oregon Racing revamps totalizator network with Colossus Bets

Colossus Bets, the supplier of next-generation pool betting markets, has announced that it will significantly boost its active US profile, having secured a totalizator licence granted by the Oregon Racing Commission (ORC). The licence will allow Colossus Bets software to be integrated within the ORC totalizator network, making Colossus’ lotto-sized pools jackpots inventory available to ORC syndicated betting operators. Updating …

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GAME Act seeks to establish US sports betting at a Federal Level

SBC News GAME Act seeks to establish US sports betting at a Federal Level

The legislation of licensed sports betting, is back on the US Congress’ menu after a committee revealed the first draft of the ‘The Gaming Accountability & Modernisation Enhancement Act’, which will be referred to as the GAME Act.   Proposed by the House Energy & Commerce Committee, the draft bill aims to outline federal provisions required for US states who …

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Pennsylvania Rep Nick Kotlik introduces sports betting draft bill

SBC News Pennsylvania Rep Nick Kotlik introduces sports betting draft bill

Facing increased state deficits, Pennsylvania state representative Nick Kotik yesterday introduced draft legislation to allow sports betting wagering in licensed casino enterprises. The draft legislation proposed by Kotik mirrors similar policies to those proposed by New Jersey lawmakers in 2014, which were rejected by US high courts for breaching Professional & Amateur Sports Protection Act (PASPA) federal laws Representing Pennsylvania …

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US Treasury Department warns casino operators on taking illegal bets

SBC News US Treasury Department warns casino operators on taking illegal bets

The US Treasury Department has warned licensed casino operators that they must actively combat illegal sports betting. The Treasury submitted a letter to multiple gambling operator’s just weeks before the NFL Super Bowl, US sports most wagered event. “Increases in sports betting conducted on behalf of third parties are facilitating criminal activity and posing a money laundering risk to the …

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