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Amaya and StarsDraft React to Fantasy Sports issues
Tuesday October 20,2015 : AMAYA REACTS TO DFS FURORE (Update)
Limits operation of StarsDraft
Amaya Inc. said Monday it will limit its daily fantasy sports (DFS) brand StarsDraft from real-money games and tournaments in most U.S. states following pending reviews in a number of jurisdictions
“We have previously called for state regulation and licensing of DFS to ensure consumer protection and strict government oversight of operators,” a press statement reads. “Prior to the launch of StarsDraft and based on a thorough review of the regulatory environment at the time, Amaya decided not to launch StarsDraft in jurisdictions where many of our competitors continue to operate today, including Michigan.”
Amaya withdrew from Florida and Nevada following the Nevada Gaming Control Board’s (NGCB) determination that DFS operators in that State are required to obtain a gaming license from the NGCB, saying the company supports the NGCB’s decision.
The decision is not anticipated to have a negative financial impact on Amaya and StarsDraft players in all jurisdictions will continue to have access to the funds in their online accounts at any time, the company said.
“We will actively monitor developments and work with all states interested in implementing clear guidelines for the operation of daily fantasy sports in their jurisdiction.”
StarsDraft will continue operations in New Jersey, Massachusetts, Kansas and Maryland who have “favorable existing daily fantasy sports guidance”.
StarsDraft was launched little over a month ago following Amaya’s acquisition of Victiv.
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.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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