Regulate Archives - Keno Wizard https://kenowizard.com/tag/regulate/ The Ultimate Keno Destination for Odds, Tips & Tricks Thu, 15 Feb 2024 09:16:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Regulate Archives - Keno Wizard https://kenowizard.com/tag/regulate/ 32 32 230792155 Nebraska Legislators Move Forward with Bill to Regulate Skill Gaming https://kenowizard.com/2024/02/15/nebraska-legislators-move-forward-with-bill-to-regulate-skill-gaming/ https://kenowizard.com/2024/02/15/nebraska-legislators-move-forward-with-bill-to-regulate-skill-gaming/#respond Thu, 15 Feb 2024 09:16:45 +0000 https://kenowizard.com/2024/02/15/nebraska-legislators-move-forward-with-bill-to-regulate-skill-gaming/ Nebraska lawmakers are pushing ahead with a bill aimed at tightening regulations on skill gaming machines present in various establishments statewide. The bill, LB685, spearheaded by State Sen. John Lowe of Kearney, has passed its initial stages with a resounding 31-0 vote in favor. Proposed Laws Tackle Skill Games’ Growth with Taxes and Stricter Regulations [...]

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Nebraska lawmakers are pushing ahead with a bill aimed at tightening regulations on skill gaming machines present in various establishments statewide. The bill, LB685, spearheaded by State Sen. John Lowe of Kearney, has passed its initial stages with a resounding 31-0 vote in favor.

Proposed Laws Tackle Skill Games’ Growth with Taxes and Stricter Regulations

Skill games, often found in bars, restaurants, convenience stores, and other locales, have proliferated significantly over recent years. Unlike traditional slot machines, these games require a degree of skill to win, blurring the lines between entertainment and gambling. However, concerns have been raised about their addictive nature and potential societal impacts.

The proposed legislation seeks to address these concerns by implementing several key measures, reported WOWT. Firstly, it introduces a 5% tax on the net profits generated by these machines, alongside a $100 fee per machine paid by distributors. For larger distributors with 50 or more machines, this fee would increase to $5,000. 

The generated tax revenue would be allocated to various avenues, including property tax relief, funding for enforcement measures, and contributions to the state’s tourism initiatives.

Moreover, LB685 aims to establish stricter guidelines regarding the sale of co-branded alcoholic beverages, preventing their proximity to non-alcoholic counterparts. This measure aims to mitigate potential confusion among consumers and ensure compliance with age restrictions on alcohol sales.

Nebraska Legislative Debates Highlight Concerns Over Skill Games’ Resemblance to Slot Machines

During legislative debates, concerns were voiced regarding the distinction between games of skill and games of chance. Some senators argued that these skill games essentially function as modified slot machines, emphasizing luck over skill. 

Additionally, there were apprehensions about the proliferation of these machines, with worries that they could attract criminal activity and exacerbate societal issues.

However, proponents of the bill argue that tighter regulations are necessary to prevent the unchecked expansion of skill gaming establishments. 

Last year Nebraska faced a surge in skill games with over 4,700 units spread across retail venues, prompting lawmakers to reassess regulation and taxation. Concerns mounted over addiction risks and unlevel competition, leading to calls for increased oversight and enforcement, mirroring similar debates in other US states like Pennsylvania and Virginia.

By imposing taxes and enforcing revenue thresholds, the Alabama legislation aims to deter the creation of de facto casinos and promote responsible gaming practices.The bill’s advancement marks a significant step towards addressing the complexities surrounding skill gaming in Nebraska. As the debate continues, legislators are tasked with striking a balance between fostering economic opportunities and safeguarding the well-being of communities across the state.

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Spain Seeks to Regulate Internet Celebrities https://kenowizard.com/2023/04/19/spain-seeks-to-regulate-internet-celebrities/ https://kenowizard.com/2023/04/19/spain-seeks-to-regulate-internet-celebrities/#respond Wed, 19 Apr 2023 02:28:37 +0000 https://kenowizard.com/2023/04/19/spain-seeks-to-regulate-internet-celebrities/ Spain’s Comisión Nacional de los Mercados y la Competencia (CNMC), a regulatory body that deals with fair competition, wants streamers to make a contact point available to their fans. This would allow the audiences to exercise their right to critique and reply to posts. The measure, which seeks to promote transparency in media, would, according [...]

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Spain’s Comisión Nacional de los Mercados y la Competencia (CNMC), a regulatory body that deals with fair competition, wants streamers to make a contact point available to their fans. This would allow the audiences to exercise their right to critique and reply to posts.

The measure, which seeks to promote transparency in media, would, according to the CNMC, improve customer protection. It will, however, affect streamers across all platforms, including gambling streamers, which have been getting increasingly popular.

The new rule introduced by the CNMC doesn’t only cover streamers but all kinds of Internet celebrities as well. Vloggers, bloggers, influencers and other people with vast exposure should also provide their fans with a contact point, the regulator insists.

Not Everything Is Clear Yet

In addition to that, the regulator plans to create a State Registry of Audiovisual Communication Service Providers, which will encompass all online celebrities who have registered their activity. An audiovisual service provider, according to the CNMC, is anyone “who has control over the selection of content.”

The authority will ask streamers to provide information about themselves, including their name, nationality, tax identification number or foreign identity number.

However, it is still unclear how the regulator will decide which streamers and influencers to integrate into the registry.

People are still uncertain whether the CNMC plans to include each and every streamer or simply those who are popular. Speaking of this, the CNMC hasn’t been clear enough in its intentions about podcasts either. Finally, the authority is yet to announce what the penalties for violating these rules will be.

What Does That Mean for Gambling Streamers?

Through its new rules, the CNMC seeks to regulate online media and mitigate the harm digital content can cause. Harmful or hateful media will be moderated and restricted. As a result, gambling streamers will be able to only target adults with their content.

The current rules mirror the measures the authority has implemented for TV and radio content and show its willingness to regulate the online sector as well.

In addition, the registry will allow the audiences to freely check the sponsorship deals they have signed – something that is not always the case at the moment.

This level of transparency will help to prevent internet celebrities from promoting harmful content to minors, which includes not only gambling games but unhealthy foods and beverages as well.

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