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MARYLAND GOV. AGAINST INTERNET POKER

Monday, October 24,2011 : Concerns that the competition will be bad for state lottery
 
Whatever happened to the spirit of competition that vitalises business and creates better deals for the consumer? Apparently in Maryland's state administration it is somewhat lacking as news emerged this week that the governor fears for his lottery.
 
With several states still toying with the idea of internet poker legalisation, and the Washington DC council currently holding public awareness exercises on its recently passed measure legalising online gambling administered by the Washington DC Lottery, Maryland governor Martin O'Malley burst into print opposing any federal attempts to legalise online poker this week, expressing fears that it would "destroy" his state lottery.
 
Writing to Senator Patty Murray and Representative Jeb Hensarling, the co-chairs of the Congressional Joint Select Committee on Deficit Reduction, O'Malley asked that measures seeking to legalise online poker in the United States - thus raising government revenues - be removed from consideration by the committee.
 
"Such proposals would diminish significant sources of revenue for the states when we have already had to endure significant revenue reductions," O'Malley complained.
 
Proponents of internet poker have suggested that the support of the deficit "super-committee" could be influential in ensuring the safe passage of internet poker legalisation proposals currently in Congress or about to be launched.
 
But O'Malley claimed that federalising Internet poker would widen state budget deficits and threaten any economic recovery.
 
"Historically, states have had the right to make their own decisions about whether to offer gambling and how to regulate the industry," O'Malley said. "These [federal] proposals would strip states of those rights."
 
Maryland's lottery, founded in 1972, generates $519 million a year for the state government and is its fourth largest revenue stream. The eastern state also boasts six slots-only land casinos.

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2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

Cherry CEO Fredrik Burvall Steps down - Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief executive officer of Betsson Malta

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