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New Hampshire Has Second Thought on Online Gambling
4/6/10 - Widespread holiday weekend reports that New Hampshire governor John Lynch may be considering online gambling licensing to close state budgetry gaps appear to have alarmed the incumbent, who seemed to be backing away from the possibility on Monday, according to reports in The Union Leader publication.
The governor opposes a significant expansion in land gambling that has been proposed to the House Local and Regulated Revenues Committee and suggests up to 17 000 slot machines at six locations, including three race tracks. The committee has until next week to vote on the bill, as-is or in an amended form.
Lynch was widely quoted in the media earlier as saying that he had other plans to meet state $140 million budgetary shortfalls and that he was considering online gambling among these . However, on Monday his press secretary Colin Manning said: "The bulk of that plan will take the form of cuts in state spending. A broad expansion of online gaming is not something the governor is considering."
Manning said the governor is working with the Lottery Commission on ways to "modernize its offerings" and boost revenue. The commission has been discussing a fantasy sports league idea, he said, adding: "If expanded lottery products are part of the governor's budget proposal, it would not represent a significant portion of his overall proposal."
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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