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WASHINGTON DC CONDUCTS FIRST PUBLIC CONSULTATION ON INTERNET GAMBLING

Saturday, October 15, 2011 : Ward 5 residents appear to have little quarrel with online gambling...but they do not like the way the law was passed
 
In compliance with the directions of the city fathers, the Washington DC Lottery carried out the first of eight community briefings on the District's new online gambling law this week.
 
The Washington Times reported that the Ward 5 residents present didn't have a problem with online gambling per se, but were displeased by what they saw as the underhand manner in which independent councillor Michael A. Brown had driven it through the legislature, attached to a budget measure and without adequate public consultation.
 
But as Brown pointed out, the fact is… the bill is now law.
 
Some residents also had reservations about the proceedings of the gambling initiative going straight into the city's general fund instead of being dedicated to specific needs in the District such as education.
 
D.C. Lottery executive director Buddy Roogow started the 90-minute meeting with a slideshow presentation, outlining:
 
• The games, targeted at “recreational and social gamblers,” will be accessible from inside the District of Columbia only.
 
• Four games are targeted for the initial rollout: Blackjack, Bingo, an electronic version of traditional lottery scratch cards and the “critically important” Texas hold ‘em poker.
 
• Players will have to register an actual bank account from which they’ll be able to deduct a maximum of $250 a week from their accounts, with individual player losses capped annually at $13,000.
 
• Businesses can offer connections to the i-gaming server, but players will have to use their own computers to play.
 
• The i-gaming site will not be accessible over mobile networks.
 
• “Substantial software” is being developed to ensure that users are located within the District, complying with federal law requiring the city to establish a “reasonably designed” system to prevent outsiders from playing.
 
• The Lottery will offer help for problem gamblers.

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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.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

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.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

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.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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