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NY Governor Cuomo approves DFS law
Thursday August 4,2016 : NEW YORK GOVERNOR FINALLY SIGNS DAILY FANTASY SPORTS BILL
Governor Cuomo approves law passed by the state legislature in June.
A New York state bill defining daily fantasy sports as a game of skill which was passed in June this year has finally been signed into law by Governor Andrew Cuomo....in time for the NFL season for relieved operators.
The bill gives the New York Gaming Commission the responsibility of monitoring and regulating the vertical, and levies taxes at 15 percent of revenue and licensing costs of 0.5 percent capped at $50,000.
Governor Cuomos imprimatur de-fangs the aggressive pursuit of operators by state AG Eric Schneiderman, who believed that DFS was gambling and against state law, although he has been quick to announce that the governors approval does not mean that he will abandon other prosecutions he has prepared against FanDuel and DraftKings regarding allegedly false advertising and consumer fraud.
The governors approval makes New York the eighth US state to characterise DFS as skill-based and therefore legal.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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