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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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