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Minnesota Gambling Law Going To House
Sunday May 18,2014 : MINNESOTA SENATE VOTES FOR COMPROMISE ON STATE LOTTERY'S ONLINE ACTIVITY (Update)
Proposed law now goes to the House.
Things can move quickly in the Minnesota legislature when there's the political will to make things happen; Thursday's compromise solution on the issue of the state lottery's online activities was quickly translated into a Senate vote Friday in which 56 vs. 5 senators voted for the compromise, sending the bill on to the House for a final vote.
InfoPowa readers will recall that the state lottery's management angered some politicians by pressing ahead with a successful internet strategy without first obtaining legislative approval. That prompted the miffed politicians to launch a bill seeking to halt the project in its tracks, which passed the Senate but was rejected by the House.
That necessitated representatives and senators from the two legislative bodies coming together Thursday in a conference committee to iron out the differences, leading to a compromise solution in which the sale of online tickets was approved, but other internet games and sales of tickets at gas pumps and ATMs were prohibited.
The House is now expected to vote for the compromise, leading to the implementation of the ban by late October.
Lottery Executive Director Ed Van Petten said that he was disappointed.
“It’s obvious the movement was based on total misinformation, but it is what it is,” Van Petten said. “The Legislature is telling me they don’t want the additional revenue and that’s their choice.”
Sen. Sandy Pappas said the intervention by the legislature would cost the state $11.7 million, but “sends a pretty clear message that the Senate does not want what they consider to be an expansion of online gambling without legislative approval.”
But he added: “There are going to be financial consequences."
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
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.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
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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