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Pennsylvania DFS Report

PENNSYLVANIA GAMING CONTROL BOARD PUBLISHES D.F.S. REPORT (Update)
 
Regulate daily fantasy sports in much the same way as land casino industry, regulator recommends.
 
Pennsylvania lawmakers have received the report and recommendations on daily fantasy sports which they commissioned from the Pennsylvania Gaming Control Board, and the results are as many observers expected...DFS should be subject to the same or very similar stringent regulation that the land casino industry is governed by, with the Board exercising oversight.
 
DFS companies hoping for a milder form of acceptance will be disappointed in the conclusions reached, but it is now the lawmakers who must decide what to do about DFS...possibly as part of an omnibus gambling reform bill which appears to be morphing out of Rep. John Payne's online gambling legalisation bill HB 649
 
The PGCB report has been made available to the public here:
 
http://gamingcontrolboard.pa.gov/files/communications/pgcb_Fantasy_sports_report_2016.pdf
 
A key - and novel - recommendation is that the vertical is offered by existing state slot machine licensees as a gaming related facility operated through licensee web-sites. This appears to require that DFS firms would be subject to suitability screening before forming service partnerships with Pennsylvania-licensed gaming companies
 
The Board suggests that the best way to handle the DFS legality question is to link it to the online gambling legalisation bill HB649 along with other gambling reform proposals. The Board's opinion appears to be that DFS is in reality another form of internet gambling.
 
The report does not deal with licensing fees and taxes.
 
Rep. Payne's House Gaming Oversight Committee has announced that the scheduled May 27 deadline for the presentation of the PGCB report is no longer relevant, which leaves the tentatively scheduled June 1 hearing of the committee as the next likely exchange of views on DFS, followed  subsequently by regulatory drafting and possibly the inclusion of the DFS elements in HB649.



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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