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Kentucky Lottery Head opposes Poker Bill
Thursday November 8,2012 : KENTUCKY LOTTO HEAD OPPOSES REID-KYL DRAFT
Operators on a Federal licence would compete directly with the State
The president and chief executive officer of the Kentucky Lottery Corporation has penned a letter to US Senator Mitch McConnell formally opposing the Draft Reid-Kyl poker bill that would regulate interstate online poker and proscribe other forms of internet gaming.
In his letter Arthur L. Gleason, Jr. urges McConnell to oppose the adoption of the draft bill saying "While the KLC is actively monitoring the i-gaming efforts of other state lotteries, the KLC has no immediate plans to initiate the intrastate sale of lottery tickets via the internet, and would not take such steps absent guidance from appropriate state policy-makers.
"Nevertheless, we strongly wish to preserve that right and all revenue-generating opportunities that may be available should it be determined to be in the best interest of the Commonwealth in the future. The legislation being developed by Senators Reid and Kyl, however, if enacted, would definitely curtail that right, and consequently, future revenue generating opportunities."
Other concerns involving Federal taxes are voiced in the missive that said "the federal taxes on Internet poker that would go to states – generally 14% of poker activity – is lower than the tax rate states now generally applied to authorized gaming activities. Even that 14% is misleading, since 30% of that amount would go to the state where the licensor of the on-line poker is located. This is not a win for states that are not licensing on-line poker."
Gleason joins a growing rank of like-minded State stakeholders that include the Massachusetts Lottery Chairman Steven Grossman and the National Governors Association who are also in public opposition to the Reid-Kyl proposal.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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