{"id":245,"date":"2024-06-25T18:24:34","date_gmt":"2024-06-25T15:24:34","guid":{"rendered":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/25\/chapter-23-g2e-internet-wagering-and-additional-reflections\/"},"modified":"2024-06-25T18:24:34","modified_gmt":"2024-06-25T15:24:34","slug":"chapter-23-g2e-internet-wagering-and-additional-reflections","status":"publish","type":"post","link":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/25\/chapter-23-g2e-internet-wagering-and-additional-reflections\/","title":{"rendered":"Chapter 23: G2E, Internet Wagering, and Additional Reflections"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/mqCDeBqnWLQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## Chapter 23: G2E, Internet Wagering, and Additional Reflections &#8211; Gaming Oversight &#8211; iGB<\/p>\n<p>The Political World series returns after the bustling G2E, and our dynamic duo is back to discuss the topics at the event and more.<\/p>\n<p>**Chapter 23: G2E, Internet Wagering, and Additional Reflections**<\/p>\n<p>In chapter 23 of the Political World series, everyone is back, discussing internet wagering, levies, and Florida.<\/p>\n<p>**2024: The Year of Internet Wagering in the US?**<\/p>\n<p>One of the most talked-about subjects at the event was internet wagering, which made its presence known at G2E 2023.<\/p>\n<p>Brendan acknowledges that there&#8217;s a push for internet wagering in the US in 2024, but it&#8217;s not straightforward in the political landscape. He believes it&#8217;s a matter of when, not if, legalization will occur.<\/p>\n<p>Brandt says the industry is working to educate policymakers, but he thinks state finances will be the biggest factor. Federal COVID-19 funds are drying up, so states are looking for new revenue streams &#8211; could internet wagering be the solution?<\/p>\n<p>Michigan demonstrates the potential benefits. The state has collected $1 billion in taxes from expanding gambling. Internet wagering revenue is 2,700% higher than sports betting revenue, so it contributes most of the tax income.  <\/p>\n<p>Brendan adds that the risk is that policymakers will view internet wagering as a cash cow and impose high taxes. <\/p>\n<p>When state authorities increase levies, enterprises tend to steer clear of the marketplace, diminishing potential income &#8211; just consider Ohio.<\/p>\n<p>The Florida sports wagering narrative has taken an unexpected turn. The highest court&#8217;s temporary restraining order prevented the revival of mobile betting, but now that the highest court has declined to take on the case, the temporary restraining order has been lifted.<\/p>\n<p>However, this doesn&#8217;t necessarily indicate a triumph for Hard Rock and the Seminole Tribe. The case is still pending before the state&#8217;s highest court, so there&#8217;s still a chance of things getting stuck and compelling a complete reassessment.<\/p>\n<p>Stay tuned for the most recent news and everything you might want to know about regulatory matters in the realm of political affairs series!<\/p>\n<p>Listen now on Apple Podcasts<\/p>\n<p>Sign up for the iGaming newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## Chapter 23: G2E, Internet Wagering, and Additional Reflections &#8211; Gaming Oversight &#8211; iGB The Political World series returns after the bustling G2E, and our dynamic duo is back to discuss the topics at the event and more. **Chapter 23: G2E, Internet Wagering, and Additional Reflections** In chapter 23 of the Political World series, everyone [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>G2E 2023: Internet Wagering &amp; 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