## Chapter 23: Pondering G2E, Web-Based Wagering, and Other Matters – Gaming Oversight – iGB
The Global Politics series returns after the thrilling G2E, and our dynamic pair examines the show’s dialogues and more.
**Chapter 23: Pondering G2E, Web-Based Wagering, and Other Matters**
In this episode, the Global Politics crew is back, discussing web-based wagering, levies, and Florida.
**2024: The Year of Web-Based Wagering in the United States?**
One hot topic at the exhibition was web-based gambling, which made a significant impact at the 2023 G2E.
Brendan states there’s a strong push for web-based wagering in the US in 2024, but it’s not effortless to get it through legislative bodies. He believes it’s a matter of when, not if.
Brandt says the sector is working to educate lawmakers, but he believes state finances will be the most significant factor. Federal COVID-19 funds are dwindling, so states are seeking new ways to generate income. Could web-based wagering be the solution?
Michigan demonstrates the potential advantages. They’ve generated $1 billion in state taxes from expanding gambling. Web-based wagering revenue is 2,700% higher than sports betting revenue, making it the largest contributor to tax revenue.
Brendan adds that the risk is that lawmakers will perceive web-based gambling as a quick money-maker and impose high taxes.
When state authorities increase levies, companies might decide to leave the marketplace, thus decreasing possible income – Ohio serves as a prime illustration.
The Florida sports wagering narrative takes an unexpected turn, with the highest court halting the resumption of mobile wagering. Events unfolded rapidly, the Supreme Court declined to hear the case, and the injunction has been lifted.
However, this doesn’t signify a triumph for Hard Rock and the Seminole Tribe. The case is still being deliberated in the state’s highest court, so there’s still a possibility that proceedings could be delayed and necessitate a complete reevaluation.
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