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Wisconsin Frequent Fantasy Sports Bill Prepared for Kickoff

Wisconsin Frequent Fantasy Sports Bill Prepared for Kickoff

A Wisconsin fantasy that is daily (DFS) will soon make its way back to hawaii capital in Madison should a lawmaker stay true to his word.

At just 31 years old, Wisconsin State Rep. Tyler Vorpagel could be better likely than his legislative seniors at understanding the necessity to regulate fantasy that is daily.

State Rep. Tyler Vorpagel (R-District 27) revealed his plans this week to renew efforts to classify the online contests as skill-based engagements. The assemblyman thinks outcomes of DFS games depend more heavily on a person’s skill and knowledge than pure luck.

Speaking by having a local FOX affiliate in Milwaukee, Vorpagel said he does not believe DFS constitutes gambling. The politician explained he will soon fully reintroduce legislation to authorize fantasy sports in the Badger State.

In the meantime, the online contests continue to be offered in Wisconsin. And though the NFL season is officially over, the 2 biggest DFS players, DraftKings and FanDuel, are continuing to offer games on basketball, tennis, soccer, and more to Wisconsin natives.

Second Go Around

It had been a year ago last month that vorpagel first introduced a bill to legalize dfs.

Assembly Bill 800 desired to force fantasy that is daily like DraftKings and FanDuel to join up with their state’s Department of finance Institutions. The official certification procedure might have have a one-time price tag of $150,000, and annual renewal set (المزيد…)

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Philippines to Plug Cash Laundering Holes in Casino Sector

Philippines to Plug Cash Laundering Holes in Casino Sector

The Philippines is pushing ahead with plans to tighten anti-money laundering (AML) controls in its casino sector.

The country’s gambling enterprises, that are lightly regulated by state-run operator-regulator PAGCOR, are exempt from the rules of its Anti-Money Laundering Act of 2001.

Representative Ben Evardone has endorsed legislation to include Philippine casinos under the powers associated with the country’s Anti-Money-Laundering Act. All that remains is to choose the transaction threshold that is reporting.

But the cyber heist regarding the Federal Reserve Bank of February last year, drew the relaxed nature associated with the Philippine system to your world’s attention and severely embarrassed the country, leading to urgent calls for modification not merely from lawmakers inside the Philippines but also from the entire world Bank.

On 5th, hackers flooded the Fed Bank with requests for transfers totaling almost $1 billion from an account owned by the Bangladesh Bank and used by the government of Bangladesh february.

Around $101 million was successfully withdrawn before suspicions were raised. Some $20 million of the sum had been quickly traced to Sri Lanka and recovered. The others was transferred to Philippine bank RCBC and, from there, $46 million found its way, via a remittance company, into the Philippine casino industry.

Time for Change

Representative Ben Evardone, president of this committee on banks and fin (المزيد…)

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Frequent Fantasy Sports Bills Seek to Challenge State AG’s Stance on Legality

Frequent Fantasy Sports Bills Seek to Challenge State AG’s Stance on Legality

Texas received three fantasy that is daily (DFS) bills in quick succession this week, each aimed at legalizing and having a framework of legislation for the contests.

Texas Attorney General Ken Paxton sparked a lawsuit when he opined that day-to-day fantasy sports were illegal under state law. A triple-pronged approach that is legislative Representative Richard Raymond hopes to challenge that opinion.

The state missed down in the DFS legislation trend that appeared regarding the dockets of legislatures across the country in 2016 because of the fact that its session that is legislative is, nonetheless it seems to be creating for lost time.

Each of the three bills is sponsored by State Representative Richard Raymond (D-Laredo). Their co-sponsors vary, as does the language of each bill, although they also chime in on many issues.

The three bills address the key preoccupations of legislators across the US, from player protections and operator registration fees, to the segregation of player funds as a body of legislation. Curiously, though, one bill ignores the latter point that is somewhat crucial. Likewise, two bills would define DFS as games of skill, while one wouldn’t bother.

Representative Raymond is clearly hedging his wagers.

The Letter of the Law

Raymond stated he hoped his triple-pronged approach would ‘clarify a confusing and ambiguous law and affirm that dream sports are appropriate in Tex (المزيد…)

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Atlanta Casino Push Gains Powerful Lobbyist, Golden Nugget Owner Ready to Bet on Georgia

Atlanta Casino Push Gains Powerful Lobbyist, Golden Nugget Owner Ready to Bet on Georgia

Two identical Atlanta casino bills have actually been introduced to both chambers for the state’s General Assembly, and gambling organizations across the nation are readying for the fight that is legislative hiring high-profile lobbyists.

It’s tough to find fertile regions that are non-gaming the US, particularly in major metropolises. An Atlanta casino bill seeks to create gambling that is land-based Georgia, much to your delight of billionaire Tilman Fertitta.

The absolute most recent name to join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican whom served two terms leading The Magnolia State has filed lobbyist paperwork in Atlanta to represent the interests of Las Wynn that is vegas-based Resorts.

Barbour joining the discussion is very important due to his friendship that is long with Georgia Governor Nathan contract (R). State lawmakers have actually been pressing to legalize commercial gambling in Georgia for more than a year in order to increase tax revenue.

Deal has opposed such legislation in the past, but recently hinted he would be open for a discussion should the casino law mandate that most the profits help training, and also the impact wouldn’t directly hurt hawaii’s lottery system.

Though Georgia does not currently have land-based tribal or commercial gambling, nor pari-mutuel wagering, the Peach State sold $4.556 billion wort (المزيد…)

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California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts

California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts

The California online poker legislative push is back from the dead, and so is State Assemblyman Reggie Jones-Saywer (D-59th District) and his bill. Jones-Sawyer’s attempts to unite warring factions in the state’s gaming industry died in 2014 and 2015, along with his poker bills of those same years, but give the man credit: he doesn’t give up easily.

California State Assemblyman Reggie-Jones Sawyer returns with a new online poker bill, but will he succeed where others, including himself, have failed? Don’t hold your breath.

Undeterred, Jones-Sawyer has presented a new bill, AB 1677, aka the Internet Poker Consumer Protection Act, which offers little that’s new, although it does provide a platform to at least reignite the debate.

At the heart of that debate will be the question of suitability. Because online poker will see operators taxed, a bill to regulate it would need two-thirds majority vote to pass in the legislature. This is impossible unless all future stakeholders, mainly tribal casinos with political capital and lobbyists, are in agreement.

More of the Same

But blocking that outcome are two diametrically opposed groups of tribal operators, who are determined not to agree on the suitability question.

In one corner, the group that has loosely become known as the Morongo Coalition wants PokerStars to be included in a future market, because it has a commercial deal with the internet giant. In opposi (المزيد…)

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As Rome Burns, Putin OKs Crimea Gambling Zone

As Rome Burns, Putin OKs Crimea Gambling Zone

Russian president Vladimir Putin, facing economic sanctions, signs in a law which will create a ‘gambling zone’ in annexed Crimea. But could their timing be any worse?

The story that is old Roman emperor Nero fiddling while his city burned to the floor includes a mythic quality that could be used to Vladimir Putin these days. Dealing with an international scandal after Russia’s seeming involvement in shooting a Malaysia Air passenger jet out of the sky, the Russian president has chosen now to okay a new gambling zone in Crimea; a small region simply to the south of Ukraine, where the horrific incident took place a week ago.

Of course, unlike Nero, Putin remains firmly in charge of all things Russian, and has now borne the brunt of surprisingly little outrage that is international the incident which was allegedly carried out under their military’s auspices.

Putin signed into impact a law this week that may transform the annexed territory of Crimea into a gambling zone for Russian holidaymakers. In the light of recent events in Eastern Ukraine, Putin, faced with the prospect of increased US/EU sanctions, could quite possibly have chosen a more apposite moment to make this particular announcement, but he’s nothing if not bull-headed, and it is clear he is determined in order to make the region economically self-sufficient.

Russia annexed the territory that is largely russian-speaking the Ukraine in March, carrying out a referendu (المزيد…)

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California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts

California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts

The California online poker legislative push is back from the dead, and so is State Assemblyman Reggie Jones-Saywer (D-59th District) and his bill. Jones-Sawyer’s attempts to unite warring factions in the state’s gaming industry died in 2014 and 2015, along with his poker bills of those same years, but give the man credit: he doesn’t give up easily.

California State Assemblyman Reggie-Jones Sawyer returns with a new online poker bill, but will he succeed where others, including himself, have failed? Don’t hold your breath.

Undeterred, Jones-Sawyer has presented a new bill, AB 1677, aka the Internet Poker Consumer Protection Act, which offers little that’s new, although it does provide a platform to at least reignite the debate.

At the heart of that debate will be the question of suitability. Because online poker will see operators taxed, a bill to regulate it would need two-thirds majority vote to pass in the legislature. This is impossible unless all future stakeholders, mainly tribal casinos with political capital and lobbyists, are in agreement.

More of the Same

But blocking that outcome are two diametrically opposed groups of tribal operators, who are determined not to agree on the suitability question.

In one corner, the group that has loosely become known as the Morongo Coalition wants PokerStars to be included in a future market, because it has a commercial deal with the internet giant. In opposi (المزيد…)

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Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks

Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks

A Pennsylvania sports betting bill has been introduced by State Rep. Rob Matzie (D-District 16) that seeks to allow residents in the Keystone State to place financial wagers on sporting outcomes should a federal law be repealed.

James Franklin’s Penn State football team provided large payouts for fans who backed the Nittany Lions last fall, and a Pennsylvania sports betting bill has been introduced to keep those monies inside the Commonwealth.

House Bill 519 would allow the business of accepting wagers on sporting events or on the individual performance of athletes. Traditional Vegas sports betting formats including straight bets, moneylines, parlays, exchange wagering, and pools would all be authorized. However, Matzie’s bill wouldn’t legalize daily fantasy sports.

‘Sports betting is a $400 billion business in the United States,’ Matzie said in a statement. ‘Most of that betting takes place illegally, through bookies and offshore wagering companies. This bill would position Pennsylvania’s casinos to be among the leaders in sports betting as soon as the legal hurdles are removed.’

Those legal hurdles are complex, as sports betting is currently outlawed in all but Nevada. For that to change, a federal statute passed in 1992, the Professional and Amateur Sports Protection Act (PASPA), would need to be repealed by Congress.

Pennsylvania is currently considering a massive gambling expansion packa (المزيد…)

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Lucky Nugget The Best On-line Casino In New Zealand

Lucky Nugget The Best On-line Casino In New Zealand

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Fruit Eliminates Dutch Casino Applications from Online Pokies Free Spins No Deposit Application Shop

Fruit Eliminates Dutch Casino Applications from Application Shop

Significant American innovation providers fruit Inc. has actually removed play free pokies online for fun 55 real-money betting software from the application shop after being asked to do this by Kansspelautoriteit, considered to be the Dutch betting authority.

The playing regulator said on a statement from prior today that following its demand, 49 these apps were removed from application shop initially. Six various other are removed at a future aim. Many of the applications belonged to gambling that is major like Unibet and Bwin. Here additionally, it is important to remember that these were unavailable on Google Gamble.

All 55 applications are no longer offered to possible Dutch betting customers. Relating to Kansspelautoriteit’s report from earlier now, the regulator contacted fruit and its particular App Store in May, inquiring the tech large to take out the Dutch betting software from the App shop. The betting expert features over and free online pokies wheres the gold over revealed over the last several years that iGaming is (but still is actually) unlawful during the Netherlands and this providers that had not been approved to present this sort of solutions to Dutch customers might possibly be subjected to big fines.

It had been reported summer that is last over a dozen Dutch-facing play pokies for free no download games and sports betting internet sites possessed by UK-based utter E Soft Ltd. and XKL Ltd. were obstructed by Kansspelautoriteit. The 2 organizations linked to the aforementioned on-line providing had been imposed a €180,000 fine by the regulator that is local. (المزيد…)

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