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New York Racinos Want DFS
NEW YORK RACINOS IN BID FOR DAILY FANTASY SPORTS
With legislation progressing in both the House and the Senate, racetracks want in.
With daily fantasy sports legislation making progress in both the House and the Senate in New York state the New York racing industry had suddenly taken an interest, proposing that daily fantasy sports in the state be restricted to the racinos and three commercial casinos currently under construction in New York.
The New York Gaming Association, a trade body representing the interests of New Yorks nine racino operators, proposed the plan, and was immediately criticised by DFS bill proposer Sen. John Bonacic, who told the Senate Racing and Wagering Committee that the Association was trying a greedy power play to grab a piece of the DFS action.
Sen. Bonacic was later supported by Rep. Gary Pretlow, who is sponsoring a DFS bill in the state House and said:
“They (the NYGA) have shown no interest in the past. (DFS) has been around for years. Weve not heard a peep out of anyone. Now that were going to legalize them and the states going to reap some benefits from the operations, the racinos and casinos say they want a piece of the action.
Meanwhile Sen. Bonacic has claimed that his Senate DFS bill, and Pretlow’s equivalent in the state House, is basically similar.
Bonacic pointed out that the only significant differences between the two proposals, which are both progressing through relevant committees, are on the question of how much operators should pay the state.
Bonacics bill has suggested a fee that would amount to the lesser of $500,000 or 5 percent of DFS gross revenues, while Pretlows has a sliding scale fee structure intended to protect the smaller DFS companies.
The New York Gaming Association is currently opposed to the Bonacic and Pretlow bills on grounds that legalising DFS without involving its members could have an adverse impact on their business.
Pretlow has scoffed at the idea, saying that under the proposals there was nothing to stop the NYGA members from starting their own DFS enterprises and competing in an open market.
On the Bonacic bill, an expected debate in the Senate Finance Committee did not take place Thursday as anticipated following the bills passage through the Senate Racing and Wagering Committee Wednesday.
Instead, Senate staff said the discussion will take place next week...with the Legislature adjournment date of June 16 looming ever larger.
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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