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GAMBLING COMPANIES CONTINUE TO INVEST IN LOBBYING
03/04/2012 : GAMBLING COMPANIES CONTINUE TO INVEST IN LOBBYING
Latest figures from Congress show that internet gambling is still a hot topic
Figures for Q4-2011 on internet gambling lobbying expenditure show that an estimated $3.7 million was invested in lobbying by major companies and interested parties, up on the $3.61 million spent in the preceding quarter.
The numbers do not include direct political contributions to bodies like PACs (political action committees), where recent reports have it that land gambling moguls like Sheldon Adelson have donated millions to aspiring presidential candidates.
Adelson's Las Vegas Sands was a relatively small lobbyist in the quarter, investing a mere $10,000. At the other end of the scale, Caesars Entertainment splashed $784,000 (Q3-2011: $868,000) - mainly on internet poker-related legislative interests.
MGM Resorts, which like Caesars has been a consistent voice for federal legalisation, put up $150,000 in the quarter, and its partner in the online venture with Bwin, Boyd Gaming paid out $50,000. Bwin itself invested $60,000.
Pokerstars maintained the level of its third quarter investment in lobbying at $150,000, acting through Rational Entertainment Enterprises, whilst TVG (Betfair's horseracing acquisition two years back) spent $120,000, seriously increasing their third quarter expenditure. Another horseracing group placing its political stake was Chruchill Downs on $80,000 - unchanged from the previous quarter.
Internationals showing an intense interest in US lobbying included the UK-based pro-internet gambling company UC Group, Greek lottery group Intralot, and GTech, whilst
the American Gaming Association anted up $511,000, the Poker Players Alliance spent $315,000, and the Interactive Gaming Council contributed $230,000.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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