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Indiana Govenor refuses to allow online wagering on horse racing

Sunday May 10,2015 :  ONLINE RACING BETTING VETOED BY INDIANA GOVERNOR
 
Gov. Pence approves riverboat operators opening land establishments, but refuses to allow online wagering on horse racing.
 
Indiana Gov. Mike Pence appeared to take a rather ambivalent stand on gambling Friday, approving a measure permitting riverboat operators to open land facilities, but vetoing a strongly supported act from the state Legislature that sought to allow electronic wagering on horse races in the state.
 
The riverboat law permits 10 Lake Michigan and Ohio River riverboats to construct land casinos on property close to their existing landings.
 
Pence said Friday he believed the measure met his standards in the state and undertook not to veto the well-supported bill from the state lawmakers.
 
"From early in the legislative process, I made it clear that I would not stand in the way of reforms that would allow these businesses to remain competitive with surrounding states so long as it did not constitute an expansion of gaming in Indiana," the governor said in a statement.
 
Indiana's land casinos have seen serious erosion of business and the loss of hundreds of jobs in recent years as more gambling options have become available in neighbouring Ohio, Michigan and Illinois.
 
However, when it came to a second piece of strongly supported legislation from the state Legislature permitting the introduction of electronic wagering on horse racing, the governor took a very different view, exercising his first veto of the year and expressing the opinion that the bill represented an expansion of gambling in the state.
 
Local media reports reveal that the original version of the vetoed bill also proposed the introduction of live dealer casino games at racinos in Anderson and Shelbyville, but these were removed during the legislative process to ensure passage of the bill, and are on the back burner until at least 2021.
 
Unless legislators contest the veto with a solid majority vote, Indiana racing punters can place bets only at the state's two horse tracks and four betting parlours.

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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.

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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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