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Massachusetts Wants Fantasy SPorts Regulated

Saturday October 31,2015 : REGULATE D.F.S. SAY MASSACHUSETTS REGULATORS (Update)
 
Similarities with other forms of gambling cited.
 
The meteoric rise of daily fantasy sports, and its similarity to other forms of gambling, prompted Massachusetts regulators to come out in support of the vertical's regulation Thursday.
 
Massachusetts Gaming Commissioner Enrique Zuniga told the Associated Press news agency: "There are enough similarities to other forms of gambling that it warrants regulation," whilst Commissioner James McHugh commented: "You need to have somebody watching carefully when big sums of money are being transferred."
 
The Massachusetts Gaming Commission is beginning public discussions on what direction the state should take regarding DFS, and the five-member regulatory panel discussed the issue Thursday, promising to quickly deliver a policy paper in order to guide members of the state legislature on the issue.
 
Chairman Stephen Crosby said that the industry needs to know what the "rules of the road" are, and that it was necessary for Massachusetts officials to move quickly on the issue.
 
Following the panel's meeting, a spokesman for one of the market leaders, FanDuel, said that the company supports the concept of regulation, but warned that the imposition of casino gaming style restrictions could slow DFS development.
 
"This industry is not brick-and-mortar casinos. It's conducted in a completely different manner," the spokesman said. "To the extent that there is any risk, it's not anywhere near as profound as in a casino or a traditional lottery."
 
Jason Robins, CEO of the other market leader, DraftKings, said his company is committed to working with the commissioners and other authorities to ensure the DFS industry is operating transparently.
 
Regulatory staff have challenged the DFS industry's contention that daily fantasy sports is exempt from the provisions of the UIGEA, observing in a memo to the commissioners that the variant did not even exist when the act was passed in 2006.
 
The 12-page memo notes that commissioners need specific legislative authority to regulate daily fantasy sports.
 
Associated Press observes that Massachusetts is one of at least nine states looking into regulating fantasy websites.



Gambling News :

Summer Is Here: It’s the 2017 Super Millions Poker Open - The 2017 Super Millions Poker Open (formerly the Summer Millions) starts July 15 with a hefty $2.5 million guaranteed in the prize pool. Qualifiers begin this Thursday; you can satellite your way into the 2017 SMPO for as little as 55 cents.

Americas Card Room Biggest OSS CUB3D ever - Included in the series is the next $1,000,000 GTD Million Dollar Sunday, the Main Event of the OSS. The MOSS and BOSS also have a Main Event and all three winners will walk away with a sterling silver commemorative bracelet in addition to the prize money. Also returning is an OSS Cub3d combined leaderboard. The top-3 ranked players at the end will receive a $4,900 Punta Cana Poker Classic prize package and a sterling silver bracelet.

Microgaming Casino Games Live on PokerStars - Following a successful integration to the Quickfire platform, Microgaming games are now live on PokerStars Casino

Jurassic World Online Slot live - During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.

Is there a place for AI in poker? - If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word

MLB Odds: Mets vs. Dodgers - Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.

NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title - It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.

Vikings’ Victory Slot Launches - The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.

50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

NHL Odds: Series Tied Heading Back to Pittsburgh - As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.

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