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American Gaming Association wants SportsBetting Legalisation

Friday, April 22, 2016 : U.S. TRADE BODY THROWS ITS WEIGHT BEHIND SPORTS BETTING LEGALISATION
 
American Gaming Association in campaign to give federal lawmakers a more positive perspective.
 
There is some irony in the fact that after the state of New Jersey has battled unsuccessfully for the last three years to secure intrastate legalised sports betting, the American Gaming Association is now pushing hard for changes to federal law.
 
In terms of the federal Professional and Amateur Sports Protection Act 1992 just four US states are permitted to offer betting on sports events - Nevada, Delaware, Montana, and Oregon...with only Nevada really offering a full range.
 
U.S. Reps. Frank LoBiondo and Frank Pallone Jr. introduced federal legislation earlier this year to widen a law that has denied individual states billions in tax revenues and resulted in hundreds of federal prosecutions, and the AGA is now lending its support to the effort with lobbying action and a campaign to better educate Capitol Hill politicians on the pros and cons of the issue.
 
Speaking in Washington this week, AGA chief executive Geoff Freeman said there was a better approach than PASPA, and revealed that an estimated that $9.2 billion was bet illegally on last month's National Collegiate Athletic Association's Division I basketball tournament, and $4.2 billion on the last Super Bowl.
 
"The law has failed. It's time to take a fresh look," he urged lawmakers, adding that illegal unregulated sports betting is often linked to criminal elements and constitutes a threat to the integrity of sports competitions across America.
 
And, he reminded them, the current situation also means that government and commerce is losing out on a very substantial revenue stream.
 
Freeman paraded a small squad of local and international experts to brief politicians on every aspect of regulation and licensing, but the address by New Jersey regulator David Rebuck stood out. With first hand experience of licensing, regulation and enforcement in his home state, Rebuck was well qualified to speak on the topic and ways in which wider legalisation could be efficiently and safely handled.
 
He explained that following political approval of a New Jersey law allowing intrastate sports betting several years ago, the Garden State has been embroiled in a series of expensive court actions as national sports bodies fought to retain the PASPA.
 
In the meantime his regulatory organisation had drawn up detailed regulations on the vertical which it was unable to implement due to the persistent legal blocks.
 
The irony is that whilst his state's casino operators were more than competent to offer sports betting, only their Nevada branches could do so.
 
Expect more activity in this area - Freeman has indicated that the education program will if anything intensify.

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Gambling News :

HeyPoker Closing - The operator is licensed by the UK Gambling Commission and the Malta Gaming Authority, with the registering company listed as Evoke Gaming Ltd.

Can Jack Lam Make Things Right in Philippines - Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .

PPA Wants pre-emptive strike against RAWA - It's not just civic associations that are warning against the introduction of a federal ban on online gambling in a denial of states' rights . The Poker Players Alliance action group has begun mustering its over a million US members in a campaign as well.

UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

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.

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