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NJ DFS Bill A3532 Making Progress
DAILY FANTASY SPORTS BILL MAKES PROGRESS IN NEW JERSEY
Assemblyman Mazzeo's bill A3532 makes it through the Assembly Tourism, Gaming and the Arts Committee.
Positive daily fantasy sports developments have been reported from New Jersey, where the Assembly Tourism, Gaming and the Arts Committee progressed Assemblyman Vincent Mazzeo's A3532, a bill proposing the legalization of DFS as a game predominantly of skill.
The committee voted unanimously to advance the bill after hearing from a number of experts on the subject and considering estimates that legalization could realize $5.8 million annually for state coffers from fees and taxes.
The latest version of the bill proposes a GGR tax rate of 10.5 percent, with the state Department of Law and Public Safety given the responsibility for oversight on the sector, rather than the New Jersey Division of Gaming Enforcement, the traditional state regulator of gambling.
If the bill continues on its current positive trajectory, New Jersey could become the eleventh US state to declare DFS a game of skill exempt from conventional gambling regulations.
The committee also endorsed earlier legislative calls urging the Trump administration to respect states' rights when it comes to the introduction and enforcement of intrastate gambling regulations as pressure builds for the federal government to stay out of issues such as intrastate online gambling and sports betting.
New Jersey is one of the three US states that have so far legalized online gambling.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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