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Massachusetts Attorney General Says Daily Fantasy Sports Are Legal

Thursday October 8,2015 :  DAILY FANTASY SPORTS IS LEGAL, SAYS BOSTON A.G. (Update)
Attorney General Maura Healey gives DraftKings a clean bill of legal health.
Massachusetts Attorney General Maura Healey, who InfoPowa readers will recall has been reviewing the legality of DFS in her state, gave the daily fantasy sports business a fillip Wednesday when she told the Boston Globe that she’s not pursuing any criminal inquiries into Boston-based DraftKings Inc.
The AG has had the company under review since late September, and commented on her conclusions in a week which has found the company subjected to massive mainstream media coverage over an employee who released sensitive information and later collected $350,000 in winnings at the rival FanDuel site.
Healey said that there are no federal or state laws that prohibit daily fantasy sports sites from operating; “We’re not looking to shut them down,” she said.
The AG went on to concede that the revelations this week about potential insider trading are “concerning.”
“I think that those who play want to be, and expect to be, assured a level playing field,” Healey said. “I think it’s important to me that that is in place.”
Healey revealed that she has reached out to both DraftKings and FanDuel and invited them to her office to talk about steps the websites are taking to protect consumers.

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Gambling News :

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

Starcraft ProLeague SHutting Down after 14 Years - Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity.

Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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