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Visa And Online Gambling | Fruit Machine

April 13, 2019

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13 Comments on this Article

  • Thomas Merrill

    A slightly perplexing technicality arises from the Act’s prohibition of “remote interactive gambling”, defined as “gambling by a person at a distance by interaction through a communication device”, essentially covering online casinos and bookmakers that are accessed via computers and mobiles. However, as the law only concerns gambling in New Zealand, it is not illegal for residents to bet or play casino games online if the website is based overseas.
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  • Sonja Douglas

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  • Vernon Harmon

    “The way people game is moving more and more to the online platform,” said the bill sponsor, Republican Rep. Brandt Iden of Oshtemo Township near Kalamazoo. “Everything we do today is moving to an online platform, and that’s exactly what this does. It takes the same games that you can play inside the casino and now puts them online and regulates it from a standpoint of … you can now do it legally.”
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  • Ken Powers

    The implications of this for state tax revenues, and around arguments for making significant changes to the ways college athletes are compensated (or should be compensated), are huge, but clear winners from this ruling are the online betting companies… or any media company that has any sort of exposure to live-streaming sporting events.

    on April 13, 2019   |   Reply

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