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Delaware Passes Sportsbetting Bill
National sports leagues unlikely to be happy with latest development. Initiatives by the Delaware state government of Governor Jack Markell to raise more tax revenues through the introduction of sportsbetting in the state entered a new phase as the week ended, with the state legislature approving a revised bill that has been vigorously opposed by major sports leagues in the USA along with the NCAA.
USA Today reports that only days after a similar bill failed to garner enough votes in the state's house of representatives, a reworked and milder version passed by a 30-4 margin. The bill still needs to be approved by the senate then signed by Markell, who is looking to a sports lottery to help alleviate the state's budget crisis.
"My administration worked with the leadership in the house and senate to get this done," Markell said in a statement. "We never stopped fighting to do what was right for the taxpayers of Delaware."
Markell said the new bill addressed all the issues. The three existing land casinos in Delaware will be allowed to eventually install table games - only video poker and other electronic gaming are allowed now - and they will get an even split in the sports lottery revenue, better than that which the original proposal offered.
Delaware, Oregon, Nevada and Montana were grandfathered in under a 1992 federal law that precludes states from establishing sports gambling.
Still to be resolved is what exact form - from single-game betting to parlays - the lottery will take. Markell has again asked the State Supreme Court for its input now that the bill has passed. The governor expects final approvals to be done by mid-May 2009.
Opposition from sports bodies, already lobbying against new federal proposals for the regulation of Internet casino and poker gambling in the United States, was predictably negative.
"From an NCAA perspective, we oppose all kinds of sports wagering," NCAA spokesman Stacey Osburn said. "Sports wagering is a problem, not a solution (to budget woes) from our perspective."
The NCAA met with Delaware officials in March, when the NCAA threatened that it would bar the state's universities from holding NCAA championships. Such a ban led Oregon to abandon its sports lottery three years ago, giving the state the ability to play host to NCAA men's basketball tournament games.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
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.
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