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Massachusetts Treasurer Blasts Online Poker Bill

Thursday November 1,  2012 :  MASSACHUSETTS TREASURER BLASTS REID-KYL ONLINE POKER PROPOSAL
 
Gross claims that proposed federal law threatens the Massachusetts lottery and nearly $1 billion in state profits.
 
More opposition to the Reid-Kyl federal online poker legalisation proposal has surfaced in the United States, this time in Massachusetts, where state treasurer Steve Grossman fears that bans on other forms of online wagering enshrined in the bill could impact the state lottery.
 
Grossman, who is also chair of the Massachusetts Lottery Commission, said in a letter to Reid and co-sponsor Republican Senator Jon Kyl of Arizona this week that the bill sharply limits states' abilities to regulate online gambling inside their borders, and could impact state lottery profits that last year reached almost a billion dollars.
 
The Reid-Kyl bill seeks to legalise online poker, but also carries a ban on other forms of online gambling, and has been the subject of criticism that it favours Reid's home state of Nevada.
 
In his letter to Reid and Kyl, Grossman noted: "The proposed act would effectively limit participation in the online gaming marketplace to gaming operations with a presence in Nevada and sharply constrain the ability of state lotteries to offer online products."
 
Massachusetts is considering the sale of its lottery tickets online, but has yet to make a decision for the state operation, which last year had $4.7 billion in revenue and profit of $982 million that was largely turned over to the state's cities and towns.
 
Grossman claims that the Reid-Kyl bill would forbid online sales of instant scratch and Keno chances "that are responsible for more than 85 percent of the Lottery's sales," and that the proposed bill's limits served no business purpose.
 
"Accordingly, we can only assume that the act is a blatant, unwarranted and inappropriate attempt to secure first-mover advantage in the online gaming space for Nevada," Grossman said.
 
State governors, through a letter from the National Governors Association, last week also attacked the Reid-Kyl bill



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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