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Optimism for New York DFS
OPTIMISM IN NEW YORK ON DAILY FANTASY SPORTS LEGALISATION (Update)
Chair of Senate Racing, Gaming and Wagering Committee says a deal bringing Senate and Assembly together is imminent.
With a legislative deadline of June 16 looming, New York Senator and chair of the Senate Racing, Gaming and Wagering Committee, John Bonacic triggered new hopes for the legalisation of daily fantasy sports Tuesday by suggesting that a deal between Assembly and Senate law makers was imminent and would expedite the passage of the relevant bill.
Speaking to the publication Buffalo News, Bonacic said the deal involved compromise legislation that would define DFS as a game of skill, ensuring that it escaped the state’s definition of gambling and by implication short-circuiting the state AGs threats to take action against the vertical Bonacic said the deal would see the bill amended to include a licensing fee for operators of $150,000 or 1.5 percent of the prior year revenue, and would include provisions to ensure that smaller operators were not priced out of the market.
However, all operators would be subject to a 15 percent tax on GGR accrued from New York players.
The compromise does not appear to include the demand from the states existing land gambling companies that DFS licences be confined to existing racinos in the state, or to companies that have established partnerships with such companies...that could result in continued opposition from that quarter.
There also appear to be some reservations from Gov. Andrew Cuomos office, judging by Bonacics revelation that the governor is seeking what he referred to as "technical amendments" to the compromise bill, although the Senator insists that the governor is in general on board and prepared to sign.
Gambling News :
Live Dealer Now At Slotocash -
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Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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