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Florida Rejects daily fantasy sports amendments

Saturday March 5,2016 : FLORIDA LAWMAKERS REJECT DAILY FANTASY SPORT AMENDMENT TO GAMBLING BILL
 
Representative Matt Gaeitz’s attempt to define DFS as a skill game blocked by fellow lawmakers.
 
An attempt by Rep. Matt Gaetz to affix a daily fantasy sports amendment to a gambling bill before the House in Florida failed this week when other lawmakers blocked his move, and after a 90 minute argument he withdrew the measure.
 
Gaetz's amendment sought to define DFS as a skill game and therefore not subject to the state's gambling laws.
 
The Tallahassee Democrat newspaper reports that Gaetz was blocked by legislators concerned about the measure’s impact on a gambling compact with the Seminole Tribe. They also were reluctant to impose regulations on an unregulated activity and questioned whether a bill was even needed.
 
Speaking out strongly against the Gaetz bill, Rep. Carlos Trujillo from Miami claimed that the bill’s intent was to mainstream fantasy sports as a common occurrence sanctioned by the state of Florida.  That, he said, would lead to “the most expansive expansion of gambling that Florida has ever seen."
 
“This would allow Internet gambling. It would open the floodgates for all kinds of gambling in the state of Florida,” Trujillo opined.
 
Other lawmakers noted that if DFS is online gambling, and was approved by the legislature, it could put in jeopardy the state's $400 million contribution from the Seminole tribe's gambling compact.
 
Rep. Mike Bileca, also from Miami, argued that the Gaetz proposal was a losing proposition for the state. In addition to the Seminole risk, Bileca said fantasy sports was a billion-dollar industry, yet the Gaetz measure wanted to price licenses at only $100,000.
 
For Gaetz it was another DFS failure; in an earlier effort a stand-alone bill he proposed failed to progress from the House Regulatory Affairs Committee, whilst a companion bill also stalled at committee stage in the state Senate.
 
With less than a week left in the 2016 state legislative season, there appears little likelihood of DFS making progress in Florida in the immediate future...and the industry is still under investigation by a federal grand jury in Tampa  

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Gambling News :

GVC In Content Deal With Microgaming’s Quickfire - Microgaming-powered Prima Networks Limited will supply over 50 new titles to GVC’s recently acquired bwin Casino, PartyCasino and Party Poker gaming sites within the coming weeks.

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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