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Indiana Sports betting Bills Die
Friday April 3,2015 : INDIANA ATTEMPT TO LEGALISE SPORTS BETTING STALLS
Sports betting and daily fantasy sports legalisation bills die in committee.
Hopes earlier this year that Indiana Representative Alan Morrison would be successful in pushing two legalisation bills - one for sports betting and the other to allow state gaming establishments to accept wagers on daily fantasy sports - have died with the measures at committee stage according to local media reports.
The bills were introduced to the Legislature in January this year (see previous InfoPowa report).
Bills HB1073 and HB1074, both of which would have legalised betting activity at state racinos and casinos, failed to make it out of committee and onto the floor for debate, defeating Morrison's goal of boosting declining state gaming revenues.
Whilst daily fantasy sports wagering is becoming increasingly acceptable across US states, legalised sports betting presents far greater challenges.
Only four states are permitted to offer sports wagering under the federal Professional and Amateur Sports Protection Act (PASPA), and only one of these - Nevada - can offer full wagering facilities.
New Jersey has been embroiled for the past three years in costly litigation as it seeks a way around the PASPA, fought every step of the way by the national sports leagues and the US Department of Justice, who want to maintain the status quo.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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