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DFS regulatory bill In California
Wednesday, January 27, 2016 : MORE PROGRESS FOR DAILY FANTASY SPORTS IN CALIFORNIA (Update)
Assembly Committee on Appropriations unanimously votes DFS regulatory bill forward.
There was encouraging news from California for the daily fantasy sports community this week when the state Assembly Committee on Appropriations voted unanimously to progress AB1437, a measure proposing that operators must take out licensing and pay regulatory fees and taxes in the state in order to offer their products.
The bill enjoyed similar success in the Assembly Government Organisation Committee earlier this month, with only Assemblyman Marc Levine voting against it
Assemblyman Levine's opposition appears to have caught the attention of the Fantasy Sports Trade Association, which last week embarked on a personalised online and radio advertising campaign targeting the lawmaker, according to a report in the Sacramento Bee newspaper.
The FSTA radio spot claims: “State legislators are working to protect your rights to play fantasy football – but not Assemblyman Marc Levine. He’s the politician who wants to ban fantasy football in California.”
“If Assemblyman Marc Levine wants to vote no on fantasy football, maybe we should be voting no on Marc Levine,” the ad concludes, sending listeners to a website that urges visitors to “Take Action Now To Protect Fantasy Sports in CA!” by contacting their legislative representatives.
Levine remained unmoved this week after the ads aired, and claimed that DFS operators were "hitting the panic button".
"They realise I'm right and they’re operating illegally in California," he told local reporters. "They want to muscle their way through the Legislature by putting fear in lawmakers who would like to do the right thing. This is a clear message to lawmakers and the attorney general to get out of the way of their train, and they’re going to run over anyone who dares to speak the truth.”
In related news, DraftKings has been investing more lobbying money in California, donating $5,000 this week to a ballot measure campaign committee controlled by Assemblyman Adam Gray, who is driving the bill allowing a regulated fantasy sports industry to operate in California.
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Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
ASA Looking at Ladbrokes and Netbet ads -
A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.
Betconstruct In Deal With Realistic Games -
BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.
XLMedia Half 1 2016 Earnings Report -
Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.
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