January 12, 2017 By David Purdum The PGA Tour has been examining potential opportunities with sports betting, and new commissioner Jay Monahan says he’ll have an “open mind toward it” in the future. “You look at [daily fantasy sports providers] DraftKings and Fan Duel, you look at gaming in the international markets, there’s a lot […]
Washington, DC – One month after the influential international Financial Action Task Force (FATF) praised the casino industry at large for “an increased focus on raising awareness and improving compliance” around anti-money laundering (AML) and illicit activity, the American Gaming Association (AGA) today released an updated set of Best Practices for AML Compliance (2017) in […]
Washington, DC – In a letter sent today, the American Gaming Association (AGA) urged Senator Charles Grassley (R-Iowa), chairman of the Senate Judiciary Committee, and Senator Dianne Feinstein (D-Calif.), ranking member, to consider the important role the next U.S. attorney general will play in enforcing laws combating illegal gambling operations. The AGA’s letter comes as […]
January 10, 2017 By Dustin Gouker New PGA Tour Commissioner Jay Monahan spoke optimistically about the tour’s future relationship with sports betting, saying his golf organization has an “open mind” about it. That is a far more liberal viewpoint than many other US pro sports commissioners — other than the NBA’s Adam Silver — have […]
Washington, DC – American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement after the Internal Revenue Service (IRS) today released its final regulation on its 2015 proposal for tax reporting of slot winnings. “Today’s final IRS regulation is a big win not only for gaming companies and millions of casino visitors, but […]
December 29, 2016 The Internal Revenue Service released its final regulation Thursday on its 2015 proposal for tax reporting of slot winnings. The American Gaming Association claims the regulation is a win for the gaming industry. The IRS was considering mandating electronic player tracking as well as cutting the slot jackpot reporting threshold from $1,200 to a […]
December 24, 2016 By Thomas Moore To gaming lobbyists, Donald Trump’s election is proof of at least one thing: The days of people looking askew at the casino industry are over. “A former casino owner was elected as president of the United States” Geoff Freeman, president and CEO of the American Gaming Association (AGA), said […]
Washington, DC – The American Gaming Association (AGA) has sent a memo to the President-elect Donald J. Trump transition team laying out its priorities and stances on key issues for 2017 and beyond. The memo also provides Trump, a former casino owner, and his transition team with the latest facts about the $240 billion gaming […]
December 20, 2016 By Daniel Roberts Among many parts of public policy and federal law that may change under President Donald Trump, some in the sports world are wondering if the former casino owner might be particularly inclined to support the legalization of sports betting. It is an effort that has seen a groundswell in the past […]
December 20, 2016 By Wayne Parry Donald Trump will be the first U.S. president to have ever owned a casino, and the gambling industry is wondering how he will handle three major issues: internet gambling, sports betting and daily fantasy sports. The industry has sent its wish list to the president-elect. The American Gaming Association told […]