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Progress on Illinois Online Horse Race Betting
Friday May 24,2013 : PROGRESS ON ILLINOIS ONLINE HORSERACE BETTING
Illinois House committee breathes new life into expired legislation
Five months ago a restrictive, time limited law permitting online horse race betting in Illinois was allowed to expire, effectively halting any further development until now. This week an initiative to breathe new life into the legislation commenced with its introduction to a state House committee Thursday.
The bill quickly passed and is now on its way to the House floor for debate and a possible vote.
The Springfield Daily Herald reports that online betting on the ponies is a big money-maker for tracks like Arlington International Racecourse, where owner Churchill Downs also owns the TwinSpires online betting site, an online venue that previously did well taking internet bets in Illinois.
The newspaper reports that TwinSpires and another company, Xpressbet, were taking wagers even after the expiration date until state regulatory officials insisted they stop.
Despite these infringments, the resurrected legislation proposes that the two companies be allowed to keep their licenses provided they pay taxes on the money they made after the law expired.
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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.
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.
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.
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