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Iowa Interested in Internet Gambling

Industry leaders await the lawmakers
Iowa gambling industry leaders acknowledged Friday that internet gambling is the future of the industry, but that the approval of the state Legislature is necessary before progress can be made.
The Iowa Senate passed an Internet gaming bill in March 2012, but the measure was not considered in the House.
Residents in the state did not appear to favour the implementation of regulated and licensed online gambling, with a Register poll showing that 69 percent of Iowa adults opposed legalised Internet gambling for adults, and only 29 percent favoured it.
On Friday Iowa gambling regulator Jeff Lamberti, who is chairman of the Iowa Racing and Gaming Commission, told the Des Moines Register newspaper that Internet gambling is the future of the industry and the state would be prepared to regulate it if the Legislature approved.
However, Lamberti stressed that the initiative to permit state-regulated land casinos to offer online action had to come from state lawmakers and the governor:
“That’s really where the next step in gaming is moving," said Lamberti. "We’ve seen some states approve it and are moving in that direction.”
Lamberti emphasised that any online gambling would have to be strictly regulated to the state's high standards of integrity and trust.
Wes Ehrecke, president of the Iowa Gaming Association, which represents state-regulated casinos, agreed that Iowa casinos would like to offer online table games such as poker or blackjack. He cited an estimate that 150,000 Iowans already gamble online through sites located outside the United States.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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