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Does Adelson's Gambling Ban Bill Stand A Chance

Thursday November 6,2014 : DOES ADELSON'S ONLINE GAMBLING BANNING BILL STAND A CHANCE?
 
Reports that the House Judiciary Committee may hold a hearing in the closing weeks of Congress trigger speculation.
 
The Republican Party will have been re-energised by its victories in the mid-term elections this week, and that could add impetus to reports that the House Judiciary Committee may decide to hold a hearing on the infamous online gambling banning bill HR 4301 launched in March this year by Utah Representative Jason Chaffetz and inspired by land casino mogul Sheldon Adelson.
 
With just weeks remaining of the current Congressional season, the window of opportunity is narrowing for the bill to clear the 39-member Judiciary Committee and make it to the House floor, but stranger things have happened....the unpleasant surprise of the UIGEA being one of them.
 
The poker information site PokerUpdate notes in an article this week that the original list of nine sponsors of the bill - better known as the Restoration of America's Wire Act - has quietly grown to 19 Representatives...and over half of these are members of the House Judiciary Committee, which is chaired by the notoriously anti-internet gambling politician, Representative Bob Goodlatte.
 
Another member is Representative Spencer Bachus, who is also well known for his strong opposition to online gambling over the years.
 
A total of 11 of the 39 members of the House Judiciary Committee have now co-sponsored HR4301.
 
PokerUpdate lists the current supporters of Chaffetz's bill as:
 
Cleaver, Emanuel [D-MO]
Franks, Trent [R-AZ]
Gabbard, Tulsi [D-HI]
Holding, George [R-NC]
Jordan, Jim [R-OH]
Lankford, James [R-OK]
Matheson, Jim [D-UT]
Smith, Lamar [R-TX]
Wolf, Frank [R-VA]
Dent, Charles [R-PA]
Rogers, Mike [R-MI]
Forbes, Randy [R-VA]
Gowdy, Trey [R-SC]
King, Steve [R-IA]
Lipinski, Daniel [D-IL]
Gohmert, Louie [R-TX]
Richmond, Cedric [D-LA]
Bachus, Spencer [R-AL]
 
And the information site notes that opposition to the Restoration of America's Wire Act has been remarkably subdued, an ominous sign if the rumoured hearing was to take place.
 
In addition, Delaware, New Jersey and Nevada - the only states that have legalised online gambling - are not represented on the Judiciary Committee, although there are Representatives there from states that are known to be actively considering legalisation, like California, Pennsylvania, Georgia and Illinois.
 
Checking through the GovTrack site, PokerUpdate found that HR4301 is rated at 21 percent to pass committee stage this year, and has a 7 percent probability of being approved by the House if it makes the floor.
 
The norm is for bills to have an 11 percent chance of passing, with just 3 percent finally passing.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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