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New Vermont Gambling Bill H186

Wednesday February 27,2013 : NEW BILL TO ESTABLISH VERMONT GAMING COMMISSION (Update)
 
Governor interested in online gambling
 
A new bill H.186, introduced by Representative Clem Bissonnette (D- Chittenden 6-7) into the Vermont General Assembly, is seeking to establish the Vermont Gaming Commission (VGC).
 
The short, one-page text under "purpose of bill introduced" says the bill proposes to establish the VGC to license, regulate and manage gambling and gaming activities in Vermont, including the operation of poker halls and home poker games.
 
Readers will recall in September last year, Governor Shumlin tasked the existing Vermont Lottery Commission to investigate the possibilities of online gambling at a State level.
 
A favourable report on the opportunities to raise tax revenues from online gambling could generate funds for the Vermont state education fund, the governor said at the time.
 
"Internet lottery is going to be the wave of the future. I'm not suggesting that we won't sell tickets and I want to sell tickets because it's good for our downtown stores," said Shumlin. "But we also have to recognize that the technology is taking us to the Internet and the question is... what's the role of the Internet in our lottery for Vermont in the future. And we don't have to hurry but we better figure it out."
 
The Vermont Lottery Commission was expected to issue a special report on Internet gambling to the Legislature in January 2013

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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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