No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Independent and external control board planned For Fantasy Sports
Wednesday October 28, 2015 : FANTASY SPORTS OPERATORS SUGGEST AN INDEPENDENT REGULATORY REGIME
Independent and external control board planned to oversee the booming industry.
Probably motivated by the current legislative and enforcement storm that has generated so much generally negative mainstream coverage over the past month, the Fantasy Sports Trade Association is pushing ahead with plans to create an independent and external control board to oversee the burgeoning industry, apparently basing its concept on the Financial Industry Regulatory Authority, which monitors the securities industry.
Lawyer and former Obama administration official Seth Harris, who was deputy labour secretary from 2009 to 2014, is reportedly the front runner to head the body, tentatively titled the Fantasy Sports Control Agency, and tasked with monitoring daily and non-daily fantasy sports companies.
Talking to reporters this week, Harris said that the control body will develop a set of industry standards. “We’re going to ask all of the companies that are engaged in cash games to establish controls, processes, and leadership that will ensure compliance with those standards,” he said, observing that his plans also include audits and enforcement provisions.
Asked by the Wall Street Journal about staffing levels, Harris said that it was too early to answer that question, but that the FSCA activity would be independent and include a certification process aimed at “prevention and pre-emption for any unethical, irresponsible, or illegal behavior.’’
The CEO of market leader DraftKings, Jason Robins, appears to be on board with the concept, commenting Tuesday that the body will assist the industry in establishing best practices in order to ensure that all customers have a level playing field.
Paul Charchian, president of the Fantasy Sports Trade Association, said: “We can establish and enforce these systems ourselves, or we can put our industry in the hands of outside entities who do not understand the industry as we do.’’
In related news, an Illinois Democrat has become the latest politician to insert himself into the DFS debate.
On Tuesday Representative Michael Zalewski announced that he is drafting a bill aimed at controlling both players and operators in the burgeoning DFS industry.
The Chicago Tribune characterises Zalewski's proposal as "...so tame that both DraftKings and FanDuel issued statements supporting the legislation."
DraftKings issued a statement declaring: "We believe Representative Zalewski's legislation represents a reasonable and measured step toward oversight of fantasy sports," and giving an undertaking to work with all relevant authorities to ensure that the DFS industry operates in a manner that is completely transparent and fair for all consumers.
Zalewski told the Tribune that he wants to make sure that money spent in fantasy leagues is kept in an escrow account to pay off the winners and that limits are put in place to prevent players from losing their entire bank balance in one day.
"I want the kind of regulations we've put in place at riverboat casinos in Illinois to make sure that people who are addicted don't lose their life savings," Zalewski said. "I don't want to do anything that would prevent people from enjoying this sort of thing; I know millions of people do. I just want to make sure they are run legitimately."
Zalewski's bill would prohibit employees of sports fantasy web sites from competing on other Internet sites, and he wants to ban players under 18 and set policies for audits....pretty much what the proposed new Fantasy Sports Control Agency is being set up to do.
Under the Zalewski proposal, operators would additionally be required to check players to make sure they don't owe child support payments or have tax liens on property.
The regulatory authority in Illinois should be a combination of state Attorney General Lisa Madigan and the Illinois Gaming Board, according to Zalewski, whose bill does not presently appear to include any state taxation provisions.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Update on Anti Online Gambling bill S.3376 -
More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.