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Gambling: PENNSYLVANIA MOVES TO CONTROL CORRUPTION

The Pennsylvania state legislature is considering a new law designed to better insulate public officials from gambling industry inducements, reports Business Week.
 
The proposal "sailed through" the state Senate's Community, Economic and Recreational Development Committee this week after numerous press conferences and legislative hearings unearthed perceived shortcomings in the state's casino regulation. SuperSlots
 
The bill seeks to reinstate a stringent ban on cash contributions to political causes by gambling industry executives and investors. This follows a state Supreme Court ruling in April this year in which a former five-year-old similar ban was struck down on grounds that a complete prohibition on contributions went farther in practice than called for.
 
The new initiative has the support of the government watchdog group, Common Cause Pennsylvania, which counted $4.4 million in political campaign contributions in Pennsylvania from people and groups in the gambling industry beginning in 2001.
 
"This study helps explain the gaming industry's winning streak in Pennsylvania," said Barry Kauffman, the group's executive director. "And it suggests that gaming interests will go on a giving binge now that they have the chance."
 
The 51-page bill also seeks to restrict the gaming board's "revolving door" policy, and now requires top and mid-level state employees to wait two years, instead of just one, before working in the gambling industry. The policy would additionally cover lawyers - an aspect that may get scrutiny by the state Supreme Court, which reserves the regulation of lawyers for itself.
 
Senator Jane Orie, a Republican from Allegheny and a frequent critic of the Pennsylvania Gaming Control Board said: "I think it's a strong message, and I believe we're on the path to restoring public trust."
 
The bill has the support of other Senate leaders and could pass the chamber this (June 2009) month, but its prospects are less certain in the House, where a bill to legalise table games is pending as a tax contributor to state coffers.
 
Pennsylvania has eight slot-machine casinos currently operating and another expected to open within weeks. Casino operators have lobbied for the legalisation of table games, saying it will create valuable jobs and make the establishments more competitive with the expanding gambling industries in states along Pennsylvania's borders.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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