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State Assembly Approves NJ AB2811

Friday June 17,2016 : ATLANTIC CITY PROMOTIONAL BILL ADVANCED BY NEW JERSEY ASSEMBLY (Update)
 
AB2811 heads for the New Jersey Senate next.
 
New Jersey Assemblyman Ralph Caputos AB2811 proposal requiring online gambling websites affiliated with Atlantic City land casinos to promote the casinos on their websites and advertising  has been approved by the state Assembly on a 67-10 vote and is now on its way to the New Jersey Senate.
 
Caputo, who chairs the Assembly Gaming Committee, said in a statement:
 
“Amid all the new stories and headlines, it is easy to forget that Atlantic City still has plenty to offer as far as gambling, dining, shopping and entertainment. We should use every opportunity available to promote the casinos still standing and remind potential customers that there is still plenty to see and do in Atlantic City.”
 
The Caputo bill requires each casino licensee that conducts Internet gaming in partnership with its Internet gaming affiliate under a license issued by the New Jersey Division of Gaming Enforcement to prominently advertise the name of the casino and its Atlantic City property on each Internet gaming website it operates under that licence, and to prominently print, display, announce, or otherwise disseminate that name on each form of Internet gaming advertisement conducted by the licensee or its Internet gaming affiliate.
 
The bill would require the DGE to review each licensee’s Internet gaming website and Internet gaming advertisement for compliance with these requirements.

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Gambling News :

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.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

Fonbet Gets Russian Betting License - #Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.

New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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