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USFantasy DFS gets Nevada License
NEVADA REGULATOR APPROVES LICENCE FOR DAILY FANTASY SPORTS COMPANY
Sanderinia II authorised to provide USFantasy DFS action to major Nevada casinos.
In a unanimous vote this week, the Nevada Gaming Commission has approved the licensure of Sanderina II to provide daily fantasy sports (DFS) contests to major casinos in Nevada.
The casinos will subscribe to the USFantasy platform through a licensed disseminator, which will distribute the contests to race and sports books within Nevada casinos.
USFantasy contestants will have the chance to win a $1 million prize in a weekly professional football contest.
In addressing the Nevada Gaming Commission, Vic Salerno, president of the company, explained, "We will begin operations in August with daily fantasy professional baseball and then football and continue with a library of over 11,000 different events annually."
The fantasy contests will offer Win/Place/Show, Exacta and other exotic wagering for all sports contests offered. For pro fantasy football, a $1 million progressive jackpot Pick 7 contest is planned for correctly selecting the winners of seven different contest categories.
The progressive jackpot pool will grow weekly if there is no contest winner.
The USFantasy daily fantasy platform uses a pari-mutuel system, which Salerno says creates a fair and transparent environment for all contestants. The contest selection process is simple with less than twenty entries in each contest category.
"We are actively working with the legislative and regulatory bodies of several states to propose the adoption of the USFantasy platform as a turn-key way to regulate, provide tax revenue, and offer a fair platform for fantasy sports through casinos, racetracks, and lotteries where legal," Salerno revealed, claiming that the Nevada licence is the first DFS licence granted by any regulatory body in the United States.
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Winamax Poker Launches Dealers Choice Games -
The Dealer's Choice in poker format is not a new concept, but Winamax enlivened the French online poker scene by introducing it last week, taking advantage of looser game restrictions by the French regulator ARJEL.
Limited Gambling To Be Allowed in Bermuda -
After two years of discussion senators in the self-governing British overseas territory of Bermuda finally approved the Casino Gaming Amendment Act 2016 last week, ushering in a potentially more liberal and practical approach to gambling in the Caribbean island nation.
Jack Lam on the Run -
"Our records also showed Lam arrived in Manila last Nov. 25 aboard a China Airlines flight from Taipei,” she said, observing that there was no record of any return to the Philippines since his departure.
Golden Jungle Slot -
IGT is about to launch online its popular land casino slot Golden Jungle, adding yet another jungle-and-temple themed game to the dozens already available to internet and mobile punters.
South Africa Going After Illegal Gambling -
In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.
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