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Massachusetts and Illinois Debating Fantasy Sports

D.F.S. REGULATION A HOT TOPIC IN ILLINOIS, MASSACHUSETTS.
 
State officials investigating daily fantasy sports possibilities.
 
The regulation of daily fantasy sports is a hot topic in Massachusetts and Illinois, according to reports over the weekend in the Boston Herald and the Daily Herald in Illinois.
 
The Boston newspaper reports that the Massachusetts State Lottery is considering the development of a daily fantasy sports game, with lottery director Michael Sweeney exploring options amid legal ambiguity, and commenting that involvement is necessary if state lotteries are to remain viable in a changing gambling landscape.
 
"Until such time as it becomes absolutely clear that this is illegal, we have an obligation to really grapple with the potential," he said. "It's about figuring out what's the next step. How do lotteries engage the technology of the mobile and online world and what should that look like, if anything?"
 
Sweeney discussed systems other states are considering, noting that Montana has developed a hybrid bricks and mortar - online version of DFS in which players fill out a game card and turn it into designated brick-and-mortar locations, much as they would with a Powerball ticket.
 
The lottery director said the first step in Massachusetts will be the issue of a formal "request for information" sometime in December, following the state Lottery Commission's decision last Monday to move forward with the inquiry. This is a fact-finding initiative, and involves the gathering of information from industry experts, including operators.
 
"There are a lot of moving parts," Sweeney said. "We'll try to cover as much of the gamut as possible. We'll ask about products that are completed and ready to go and products in development. We'll ask about various aspects of consumer protection like location services, securing bank transactions and age verification."
 
The lottery would also need state legislative approval, which could come from bills on the regulation of online gambling already in the Legislature or specifically dealing with daily fantasy sports.
 
The Boston Herald says that the state lottery is among the most successful in the US, generating almost a billion dollars in profits annually for state projects...but the player base is aging, and there is a need to engage with the younger "millennial" demographic.
 
Over in Illinois, the Daily Herald published an interview with Illinois Gaming Board chairman Don Tracey, who revealed that his organisation is "actively investigating" whether to regulate daily fantasy sports websites operating in the state.
 
"We don't want to rush to judgment, but we do have concerns about it," Tracey told the newspaper, revealing that the debate centres on whether the DFS genre is a skill game or gambling, as it has been categorised by the Nevada gaming authorities.
 
"If in fact it is gambling, which is something that hasn't been determined for certain, it needs to be banned or regulated," Tracy said. "We suspect that it is [gambling], but we have not taken a formal position on that."
 
Although proposals to legalise online gambling have so far failed to gain traction in Illinois, the state is among the leaders when it comes to internet sales of lottery tickets.

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Gambling News :

Malta Gaming Authority's half-year 2016 report - There are 490 gaming license in issue and 257 gaming companies in operation....in the first six months of 2014, those figures were 414 and 271 respectively;

Macau ATM Transaction Limit Lowered - The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .

Vegas Mobile Casino Gets Live Dealer Games - Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.

Cosmic Crystals SLot Launches - 1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.

Playtech Live launches dedicated live roulette room - Playtech's live dealer arm, Playtech Live has launched a dedicated live roulette room operating from a fully custom-built studio bursting with colorful Christmas decorations.

Australian Open To Dunp Gambling Ads - Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.

Olympique Lyonnais In Sponsorship Deal With FDJ - The agreement allows FDJ to introduce its ParionsSport betting terminals in the Parc OL stadium, and the promotion by the club of its website of the same name

BaFin CrackDown on Spread Betting - The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.

How is the CDC Group Spending its Money - Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.

Voodoo Slot Released - The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).

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