Legislation
US – Delaware to hear public comments on Gaming laws
By Phil - 10 July 2013
Having become the first US state to implement comprehensive intrastate iGaming including poker, slots and bingo when the General Assembly passed the Delaware Gaming Competitiveness Act of 2012 in June 2012, Delaware has now published its regulation for overseeing the sector.
The Delaware Lottery will be the sole regulator of real-money internet gaming for the State with the games branded and marketed through the State’s three casinos.
A licensed technology company must pay a $4,000 application fee. A company that is already licensed to offer games in Delaware’s Video Lottery casinos will not be required to pay this fee.
Service providers must be licensed regardless of if their annual revenue is $100,000 from a single licensee or if its annual revenue is $150,000 among all Delaware licensees. Payment processors however do not require licensing. Any service provider requiring a license will be required to pay a fee of $2,000 to the State.
Delaware has already named 888 Holdings, Scientific Games and Williams Interactive as its online gaming partners. These partners must still qualify under Delaware’s terms to provide interactive gaming to its residents and players.
This combined effort unites 888′s decade-long experience in online gaming industry with Scientific Games’ ability to provide added value, turnkey solutions to government-sponsored (B2G) and commercial (B2B) gaming operators alongside Williams Interactive’s premium iGaming products and services.
The contract will be for an initial term of five years and includes four additional one-year contract extension options.
Public comments, which will be accepted through July 31, will be considered before the regulations take effect.
