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NO CALIFORNIAN BETTING EXCHANGES UNTIL 2013

Thursday June 7, 2012 : NO CALIFORNIAN BETTING EXCHANGES UNTIL 2013
 
Horse owners’ body defers vote
 
Media reports from last Friday indicate that hopes for betting exchange wagering in Californian horse racing will not be realised this year.
 
The June 1 board meeting of the Thoroughbred Owners of California voted to defer a decision on betting exchange wagering in the state until 2013, according to local media.
 
The decision will be disappointing for Betfair's US subsidiary TV Games Network, which has been active in lobbying for the prospect, and which commissioned a study last year that showed that horse racing would benefit substantially from the introduction of exchange betting, attracting new fans to the sport, and increasing competition for offshore sport betting operators.
 
The TOC board said in a statement after the meeting:
 
“The concept of exchange wagering has been a polarizing issue among the stakeholders in California racing, and this action will give us additional time to study this betting alternative and consider if it is in the best interests of the industry in our state.
 
"We will continue to seek alternative revenue sources and have not slammed the door closed on the concept of exchange wagering. We are simply putting this contentious issue on the back burner until we can analyze it further and, hopefully, build a consensus within the industry.”



Gambling News :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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