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IOWA SENATE GOES FOR LEGALISED SPORTSBETTING

2/4/10 - Moves In the state of Iowa to legalise sports betting as a means of raising tax revenues to cut budgetary gaps  have made an unexpected move forward with a positive state Senate committee vote, although observers say there’s still a way to go and many obstacles ahead. 
  
The measure that has passed committee would allow betting on professional sports at the state's 17 casinos, reports Associated Press. It now advances to the full Senate State Government Committee.
 
"We've heard about sports betting since I was a pup," said Senate President Jack Kibbie, a Republican. "It's already legal in many foreign countries. I'm just saying why not Iowa?"
 
The bill is among several gambling proposals being considered by lawmakers as they look to find money to close a budget shortfall estimated at $400 million or more..
 
Kibbie argued that underground betting already is common in Iowa, and that the state misses out on potential tax collections.
 
Only four states -- Delaware, Nevada, Oregon and Montana - had laws on the books allowing sports betting when Congress approved a ban on sports betting in 1992. Those states were allowed to continue, but others can't move on the issue unless Congress repeals that ban.
 
Legislative leaders are already pushing a plan that could generate an additional $25 million by charging casinos a fee to avoid referendums now required to maintain their licenses. The proposal also allows an expansion of areas in casinos where gambling is allowed.
 
Critics said they were leery of expanding gambling, considering how many options already were available in Iowa.
 
"We've got ample gambling in this state," said Sen. James Seymour, the Republican representative from Woodbine. "I'm opposed to expanded gambling."
 
Seymour, who voted for the plan in the subcommittee meeting, said he might oppose it later.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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