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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 :

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$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.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

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.

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