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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.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

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Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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