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Lotteries To Lobby Against Poker Bill
11/29/2012 : STATE LOTTERIES DIRECTORS TO LOBBY AGAINST REID-KYL POKER BILL
Another blow for federal attempt at legalisation
The proposed Reid-Kyl federal online poker legalisation bill faced another bump on the road through the lame duck session of the US Congress this week with news that as many as six state lotteries plan to send directors to Washington DC to lobby against it.
The bill, which also seeks to specifically ban other forms of online gambling, has already attracted a substantial amount of business, political and advocacy flak, with main driver Sen. Harry Reid of Nevada admitting earlier this week that much-needed bipartisan support from the Republicans is scant.
Media reports indicate that lottery directors from Georgia, Iowa, Idaho, Washington state, Kentucky, Missouri and New Hampshire and possibly others will visit Washington DC, led by the executive director of the North American Association of State and Provincial Lotteries, David Gale.
Individual states are reportedly alarmed at what they see as an invasion of individual states' rights and the possibility that the proposed federal bill could interfere with states' plans for online expansion of lottery operations.
Speaking to the respected Las Vegas Review-Journal this week, Gale said that the goal of the visit was to convey the important message to Congress that gambling legislation is a state right and falls under the authority of state lawmakers.
A Reid spokesperson acknowledged that the proposed bill has drawn criticism from state officials, legislators and governors, but pointed out that despite the limited 3-week window of opportunity still available in the current Congressional session, it was still in draft form, and that Senator Reid continues to engage with opponents to address their concerns.
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Macau ATM Transaction Limit Lowered -
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .
Vegas Mobile Casino Gets Live Dealer Games -
Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.
Cosmic Crystals SLot Launches -
1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.
Australian Open To Dunp Gambling Ads -
Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.
BaFin CrackDown on Spread Betting -
The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.
How is the CDC Group Spending its Money -
Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.
Voodoo Slot Released -
The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).
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