President Biden vetoes bill that sought to strike down SEC's crypto reach

President Biden vetoes bill that sought to strike down SEC’s crypto reach

The decision could give the SEC more control over how it views cryptocurrency US President Joe Biden has vetoed legislation to overturn US Securities and Exchange Commission (SEC) Staff Accounting Bulletin (SAB) No. 121, immediately receiving backlash from the crypto industry. 1/ Today, despite bipartisan support, Pres Biden vetoed the repeal of SAB 121, the

New York bill would open the door to casino for Bally's

New York bill would open the door to casino for Bally’s

Only by rezoning the Bronx would Bally’s be able to fulfill its New York casino goals The Bally’s Casino project in the Bronx can’t begin construction until the former Trump golf course is rezoned. As a result, State Assemblyman J. Gary Pretlow (D-Mount Vernon) introduced legislation on May 28 to permit “parkland in Ferry Point

Brazil casino legalization efforts facing minor delay

Brazil casino legalization efforts facing minor delay

An effort to legalize casinos in Brazil will first have to go before a public review Brazil’s Public Security Commission (CSP, for its Portuguese acronym) announced on May 28 that a public hearing will be held to debate how legalized gambling will affect public security. Senator Eduardo Girão, who opposes bill PL2.234/2022, requested the hearing

Bills targeting updates to casino laws in Atlantic City stuck in committee

Bills targeting updates to casino laws in Atlantic City stuck in committee

The two bills would shake up the responsible gaming requirements at casinos New Jersey Senator John McKeon is sponsoring legislation to protect patrons of the state’s retail casinos. S3062 and S3063 will tackle what the lawmaker believes is a lack of consumer safeguards at land-based venues in the state. The bills were introduced after BetMGM was accused of failing to properly screen

Rhode Island bill would allow casinos to double gamblers' credit

Rhode Island bill would allow casinos to double gamblers’ credit

Bally’s hopes to increase the credit it can issue gamblers from $50,000 to $100,000 Rhode Island Senate President Dominick Ruggerio is backing legislation to allow Bally’s-operated Rhode Island casinos to double their gambling credit limits to $100,000. However, many interested parties have concerns about the latest proposal.  According to The Providence Journal, some of the points in

Bill on casinos in Brazil may face new delays

Bill on casinos in Brazil may face new delays

The bill is coming up for review this week, but lawmakers expect to postpone discussion Gambling opponents in Brazil continue efforts to postpone advancing Bill 2.234/2022, which authorizes one casino project per state and the Federal District. São Paulo would be allowed up to three casinos, with Rio de Janeiro, Minas Gerais, Amazonas, and Pará, limited

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