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Internet Gaming within the Illinois Lottery
Tuesday May 15, 2012 : ILLINOIS BACK IN THE INTERNET GAMBLING RACE (Update)
New initiative seeks to create new Internet Gaming Division within the state lottery
The US state of Illinois is back in the race for internet gambling legalisation following the introduction Tuesday by Senate President John Cullerton of a new measure designed to create an intrastate online gambling platform.
In a letter to legislative leaders and Governor Pat Quinn, Cullerton wrote: "At its heart, the proposal creates the division of Internet Gaming within the Illinois Lottery whereby the division's executive director can establish a single Internet gaming platform to usher in i-gaming as well as permitting the division to partner with existing Illinois gaming entities and other third parties at the appropriate time."
Cullerton added: “The state could organize the first major poker pool, garner worldwide popularity, and position itself as a ‘hub’ for multi-state and international iGaming.”
Sen. Cullerton says that internet gambling can be introduced to the state in an "ethical and socially responsible manner" while still generating hundreds of millions of dollars for the state treasury. And he wants legislators to act quickly so that Illinois does not fall behind several other US states considering internet gambling.
The Chicago Democrat added that the bill has to be approved in the current session, scheduled to end May 31, to qualify under legislation pending in the U.S. Senate that would only allow states with a regulatory framework in place to offer Internet gambling.
Cullerton said that the new revenue generated by licensing and taxing online gambling would be a boon for Illinois, which has an $83 billion unfunded pension liability and a chronic structural budget imbalance.
House Speaker Michael Madigan, a Chicago Democrat, has asked his staff to review Cullerton's bill, according to spokesman Steve Brown.
Illinois was the first state to sell lottery tickets over the internet from March this year, and with a population of 12.9 million (compared with Nevada's 2.7 million) it represents a promising market.
If enacted, Illinois's Internet gaming platform could be up and running next year.
The legislation could be heard in the Senate’s Executive Committee as early as this week.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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