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US state Attorney Generals Discuss Internet Gambling

Tuesday May 3,2016 :  ATTORNEY GENERALS DISCUSS INTERNET GAMBLING
 
Deadwood AG's summit hears differing views on internet gambling.
 
A slew of US state Attorney Generals from 13 states and Washington DC will continue their deliberations on a number of issues today (Tuesday) at the 2016 Presidential Initiative Summit, which this year is being hosted in Deadwood by South Dakota Attorney General Marty Jackley, who is also president of the National Association of Attorneys General.
 
On Monday the summit discussed gambling issues that once again included internet gambling, providing Las Vegas Sands Corporation exec and Sheldon Adelson lieutenant Andy Abboud with another opportunity to accuse internet gambling of everything from endangering the youth of America to causing job losses and imperilling US consumers.
 
Abboud's now somewhat time-worn material has been associated with the misinformation pumped out by other frontmen and women of Adelson's Coalition to Stop Internet Gambling, and he had little new to offer, professing to be more concerned about public policy than commercial competition. He even claimed that online game operators could be using technology to swindle their players.
 
Another speaker, Whit Askew who is VP government affairs for the American Gaming Association, told delegates that licensed casinos make up a $240 billion industry in the United States, and support 1.7 million U.S. jobs. He estimated the illegal market - mainly in sports betting - to be currently worth up to $500 billion a year.
 
Askew said proceeds from some online sports betting were linked to organised crime, and revealed that $14 billion was wagered during March Madness and the Super Bowl this year, 97 percent of which was illegal.
 
"The lion's share of illegal gambling comes through sports betting," he said, noting that most sports bettors want to see a change in the currently restrictive federal wagering laws, and would like to see the individual states make their own decisions on the regulation of sportsbetting.
 
This appears to be on the current wish list of the AGA, judging from similar comments made by the trade body's CEO, Geoff Freeman elsewhere recently.
 
Jackley, as president of the National Association of Attorneys General, said that he did not expect his colleagues to reach a consensus on sports betting at the summit.
 
Mike Rodman, executive director of the Deadwood Gaming Association, brought up the daily fantasy sports phenomenon, commenting that regulation should be left in the hands of the states, and that regulation and licensing could generate revenues for the state.
 
"State gaming laws need to be in front of technology, not playing catch up," Rodman said.

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Gambling News :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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