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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.
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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