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Colorado Moving Towards Banning Online Gambling
Wednesday February 26,2014 : COLORADO MOVES TOWARD ONLINE GAMBLING BAN
House approves bill keeping lottery sales from going online at committee stage.
Plans by the Colorado state lottery to take ticket sales online could be stillborn following moves at the committee stage in the state legislature this week to curtail wagering on the Web.
Bill HB 1142 introduced in the state House of Assembly by House Minority Leader and Republican Party Representative Brian DelGrosso won preliminary approval Monday.
Commenting on the bill, Rep. Daniel Kagan said:
“We lay down in the (state) Constitution and the statutes where and what forms of gambling are allowed. What this bill does is it says that before we expand the areas and types of gambling that are allowed in Colorado, we must come and pass a bill to expand, in this case, lottery ticket sales to online. This prohibition is not a prohibition for all time.”
Criticising the bill, Denver Representative Dan Pabon said it is intended to protect private stores that sell tickets from losing business.
“This is, in a very simple way, a protectionist measure to simply stop the market force, stop technology from emerging and put this status quo in place,” Pabon said. “It is a step in the wrong direction because what are we going to do next when technology again sheds its opportunities upon a new industry?”
DelGrosso was unrepentant, saying that his bill will prevent underage gambling via the internet, and shield retail ticket sellers from losing business.
“The lottery is a state-run monopoly, so that is something that we have purview over and we can decide how it is implemented.”
The bill requires a final House vote, which could come as early as today (Wednesday), before it can head to the Senate for further debate.
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The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
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2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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