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California Sportsbetting on Again
Thursday February 7,2013 : CALIFORNIAN SPORTS BETTING COULD BE ON AGAIN (Update)
Sen. Rod Wright leading the charge for legalised sports betting in California
California state Senator Rod Wright, already well known for his attempts to push california online gambling legalisation measures through the state Legislature, is spearheading another gambling initiative...the legalisation of sports betting.
Wright's effort this year mirrors a similar attempt last year, when his SB1390 made it through the Senate but stalled irretrievably in the Assembly
According to a report Thursday in the Los Angeles Times, Wright is at it again this year, attracting the attention of the Senate Republican caucus.
The caucus issued a report titled "You Wanna Bet? Legalized Wagering on Sporting Events Gets a Second Look," noting that Wright's legislation will again feature on the Legislature's agendas, and noting that there could be benefits in allowing Californian punters to enjoy a flutter on a variety of sports events.
"Authorizing sports wagering at California's horse racing tracks and satellite wagering facilities on fair grounds, card clubs, and tribal casinos, for instance, could … bring more people into these facilities on slow business days," the report said. "Such a plan might provide the vital financial help to the racing industry and provide the state with additional tax revenues."
The caucus acknowledges the problems of such a move, notably the obstacle that the federal Professional and Amateur Sports Protection Act (PASPA) represents...something the state of New Jersey is currently contesting after passing a similar law.
PASPA restricts sports betting to just four states, and the Department of Justice is opposed to it being overturned, judging by its recent participation in the New Jersey litigation with national sports leagues.
The caucus report concludes that many support the idea that a legalised, regulated, and policed wagering environment will reduce cheating as sports-fixing schemes are, by their nature, done through illegal means.''
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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.
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.
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.
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