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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.

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Gambling News :

2017 MPN Poker Tour - Main Event packages, worth €1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as €0.25. Each €1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

Jimei group distances itself from his Philippines activities - The move followed news that the Philippines authorities have issued a warrant for Lam's arrest on charges of economic sabotage and attempted bribery, according to local media reports. His investor visa privileges have already been withdrawn.

South Africa Land Casino Owners Still Feel Online Gambling is a Threat - The latest annual report of the #Casino Association of South Africa, a trade association for most of the country's land casino operators, continues to cite online gambling

Spinomenal Appoints Eduardo Tupper as COO - Israeli software developer, Spinomenal, has appointed former chief operating officer of Ortiz Gaming, Eduardo Tupper, as Senior Vice President.

Ninja Power Slot Launched By Slotland - I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.

WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? - The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.

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