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Florida Reviewing in Daily Fantasy Sports are legal
Wednesday October 14,2015 : FLORIDA LAWMAKERS TO EXAMINE LEGALITY OF DAILY FANTASY SPORTS?
Completion of current pact with Seminoles will see a review of gambling in the state.
The Florida state legislature could re-examine its position on daily fantasy sports following the high profile furore over the "insider" issue that erupted two weeks ago...and the opportunity for such a review could be the expiration of the current gambling compact with Seminole tribal interests.
The publication Palm Beach Post reports that the end of the current gambling compact with the tribe means that state lawmakers will review the state’s entire gambling picture...and one of Florida’s leading voices in gambling legislation, Republican Sen. Rob Bradley, has already started pushing for a debate on the topic.
Bradley, who chairs the Florida Senate Regulated Industries Committee, told the Miami Herald this week that DFS operators are promoting a product that "...looks a lot like sports betting.”
InfoPowa readers will recall that a federal Grand Jury was launched in Florida last week to look into the "insider" allegations surrounding DFS operators DraftKings and FanDuel.
The Post points out that back in 1991 the then-state Attorney General opined that under state law fantasy sports betting was not legal, but that the federal Unlawful Internet Gaming Enforcement Act of 2006 specifically excluded fantasy sports from banned online gambling on the principle that fantasy sports betting relies more on skill than chance.
This left the door open to the more immediate daily fantasy sports genre which has proved massively popular, generating billions of dollars...a phenomenon not foreseen in 2006 by Congress.
The Post reports that earlier this year FanDuel, DraftKings and the Fantasy Sports Trade Association started hiring some of the most influential lobbyists in Florida, even though no legislation is currently pending in the state.
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Gambling News :
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
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