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DFS Changes for Ohio
Tuesday, September 27, 2016 : OHIO LAWMAKER WANTS DAILY FANTASY SPORTS CHANGES
Senator Bill Coley says DFS is gambling unless all player deposits find their way back to the players.
Ohio Senator Bill Coley is ruffling the feathers of daily fantasy sports operators with a new legislative proposal that unless all player deposits find their way back to the players, the pastime constitutes gambling for profit which is against the law in Ohio.
Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.
Coley wants to clear up any confusion over the vertical, and told the local television station WKSU that in his view "a lot of what they are doing in Ohio is illegal" under state gambling laws.
A spokesman for the principal DFS operators, DraftKings and FanDuel, told the station that Coleys proposed bill requiring that 100 percent of the money paid into the games must be sent back out to the winners would have serious consequences.
“Other states have recently addressed this issue and have done so in a very clear and effective manner that puts some basic consumer protections around fantasy sports... but have made it clear that the games are legal,” the spokesman said.
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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