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Indiana DFS Bill

Friday February 19,2016 : INDIANA DAILY FANTASY SPORTS BILL PROGRESSES
 
Lawmakers want to raise the minimum playing age to 21 years.
 
A bill (SB339) seeking to declare daily fantasy sports competitions legal in Indiana has been approved by the state Senate and is now under consideration by the House Public Policy Committee, which is expected to vote the measure forward next week.
 
Among the amendments sought so far by committee members in an initial 90 minute discussion are raising the player minimum age to 21 years, and moving the regulation of daily fantasy sports from the Horse Racing Commission to the Gaming Commission. The fees that daily fantasy sports companies would pay to a newly created fantasy sports administration and regulation fund run by the state are also being considered..
 
Representative Tom Dermody, who chairs the committee, assured members that amendments will be made as requested before the measure is progressed to the floor of the House for a vote.
 
There are a 50,000 to 150,000 daily fantasy sports players in Indiana, according to recent estimates by the Fantasy Sports Trade Association, and many more who play the traditional season-long fantasy sports vertical.
 
SB339 author, Sen. Jon Ford has urged lawmakers to ensure the bill is progressed. "If we put this off, we'll still have quite a few Hoosiers playing this without consumer protections," he said.
 
Not all lawmakers are sure that DFS is a good thing. Rep. Terri Austin expressed concern at the hearing about the impact of DFS on the operations of Indiana's racinos.
 
"I represent a horse racetrack, and I'm very protective of it," she said to DFS lobbyists. "I would like to make sure you can't come in, and, by Internet gaming, basically undercut what's going on in my community."
 
Indiana is the home of the NCAA and was the first state to pass a bill specifically prohibiting DFS operators from using college sports.
 
SB 339 would allow Indiana's racinos and off-track betting operations to create their own fantasy sports games or contract with an existing company. State revenue would come from licensing fees, which the Legislative Services Agency estimates would be $175,000 to $335,000 annually.

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Gambling News :

New Jersey Teams Up With Kahnawake Gaming Commission - The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.

Petition to Ban Online Gaming in Singapore - Singapore Pools and Singapore Turf Club’s application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.

Lost Vegas Slot Launches - “Lost Vegas” is a new release on Microgaming’s October roster, a five-reel 243-payline game that offers punters the option to play in either Survivor or Zombie mode throughout the base game, a choice that affects the symbols and bonus games on offer.

Leap Gaming Partners With Pala Interactive - Israeli-based developer Leap Gaming has clinched its second deal in a week, this with Pala Interactive for the integration of its virtual sports turnkey product to Pala’s white-label social gaming platform.

Sportech Racing Partners With Macau Jockey Club - Sportech Racing and Digital has partnered Macau Jockey Club (MJC) for the provision of a white-label digital pari-mutuel betting platform and other retail solutions.

Bla Bla Bla Studios - Under the terms of the deal Bla Bla Bla Studios will develop and distribute exclusive gaming content for integration into the Quickfire platform.

Betser Powered By SBTech - #Betser is inspired by fantasy football, private betting leagues and social betting. The offer includes a twin-track loyalty scheme devised by Malta-based Hero Gaming, who operate Casino Heroes.

EveryMatrix has appointed Glen Bullen as Sales Manager - Bullen assumes responsibility for the entire casino sales operation, particularly focusing on growing distribution of the newly-updated and expanded CasinoEngine platform into Tier One operators.

Freemasons Fortune Slot Launches - Booming Games has launched Freemasons Fortune, a new 3-reel, nine-payline game inspired by the enigmatic Freemasons fraternal order.

Hollywood Classic Slots launches - Penn Interactive has launched Hollywood Classic Slots, a social casino game developed in collaboration with its recently acquired social gaming company Rocket Games.

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