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Fast Tracked Case For DFS vs Illinois
Wednesday December 30,2015 : ILLINOIS A.G. AND FANTASY SPORT FIRMS AGREE COURT SCHEDULE (update)
"Fast-tracked" case is still six months into next year.
Daily fantasy sports companies DraftKings and FanDuel, which have filed litigation against an opinion by the Massachusetts Attorney General that DFS is illegal gambling , have reportedly agreed a fast-tracked court schedule with that office.
A report in the publication Canadian Business reveals that the deal took place early this week and was filed Tuesday, and that AG Lisa Madigan agreed to an "expedited" court schedule and a bench trial.
This will involve Madigan responding to the DFS complaints by January 22, followed by completion of any discovery processes by April 28 and a possible trial late in June next year
Announcing the deal, DraftKings legal representative Randy Mastro expressed confidence that his client will win any court action.
Importantly, the truce allows FanDuel and DraftKings to continue to offer their products to the public in the interim.
The Massachusetts House presently has before it a bill authored by Rep. Mike Zalewski which seeks to legalise and regulate daily fantasy sports in the state.
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Macau ATM Transaction Limit Lowered -
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .
Vegas Mobile Casino Gets Live Dealer Games -
Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.
Cosmic Crystals SLot Launches -
1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.
Australian Open To Dunp Gambling Ads -
Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.
BaFin CrackDown on Spread Betting -
The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.
How is the CDC Group Spending its Money -
Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.
Voodoo Slot Released -
The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).
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