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No Online Gambling For Iowa This Year
Thursday January 23 ,2014 : IOWA WILL NOT JOIN THE ONLINE GAMBLING LEGALISATION TREND THIS YEAR (Update)
Experts say a "wait and see" approach is more likely.
Thanks largely to the efforts of Iowa state Senator Jeff Danielson, the state of Iowa was high on the list of US states expected to legalise online gambling, but after three years the proposal has gathered little momentum, despite the generally favourable conclusions of a study by the Iowa Racing and Gaming Commission
Two experts this week explained the lack of progress and opined that legalisation this year is unlikely to be an option. In essence, they said that state politicians are taking a cautious approach and waiting to see how legalisation in Delaware, New Jersey and Nevada works out.
This week Poker News examined the situation, focusing on statement by Wes Ehrecke, president and CEO of the Iowa Gaming Association at a recent industry function.
“Rather, the industry will closely watch the introduction of i-gaming in New Jersey and Delaware, plus Internet poker in Nevada. This will be an opportunity to learn what is working or not, including their regulations, compacts with other states, etc., and decide on suggested language for a bill to consider in 2015,” he said.
Poker News followed that up with a request for comment from Matt Eide, a local lobbyist with Eide & Heisinger, who agreed with Ehrecke's assessment, adding:
"The Iowa Legislature will not consider any iGaming legislation this year. Although a bill authorizing online poker passed the Iowa Senate in 2011, the Republican controlled House does not want to advance this type of legislation.”
Eide said the state Legislature had a full roster of conventional gaming proposals to consider, including a fantasy sports bill. The bill, supported by the Fantasy Sports Trade Association, seeks to define fantasy sports as a bona fide skill gaming contest under Iowa law, removing it from the scope of the definition of gambling.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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