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Massachusetts Gambling Bill Added To Budget Bill

Wednesday May 22,2013 : ONLINE GAMBLING LEGALISATION MOVE IN MASSACHUSETTS
 
Amendment to be attached to budget bill
 
Massachusetts Senate Republicans plan to introduce an amendment to the current 2014 fiscal budget debate today (Wednesday) that proposes the regulation of online gambling operated by the state's existing land casino licensees.
 
The Massachusetts initiative mirrors a tactic earlier this year in Illinois, where a similar amendment was attempted but failed, and is now being presented as a stand-alone bill .
 
The Taunton Gazette reports that under the amendment, online gaming revenue would be taxed at 20 percent and licensees would pay an initial fee of not less than $300,000, along with an annual renewal fee of not less than $150,000.
 
The proposal also specifies that licensees can not offer any online game in conflict with the state Lottery; that players are 21 or older to place wagers or collect winnings; and that players be physically located in Massachusetts to place wagers or collect winnings, with certain exceptions.
 
The amendment is among a series of proposals sponsored by the four-member Senate GOP caucus to boost the economy and revenue and save money, according to Senate Minority Leader Bruce Tarr, who told the Gazette that the $33.9 billion spending plan recommended by Senate Democrats fails to reform public subsidy and welfare programs - the subject of several GOP amendments.
 
The schedule for the budget debate is crammed with many other amendments, and debate is expected to go on for some time.
 
In related news, the Illinois stand-alone internet gambling legalisation bill will have to wait in line with other legislation subservient to the state governor's priority of pension reform.
 
Governor Pat Quinn is well-known for his anti-gambling views, and he is using the gambling expansion and online gambling bills, along with other legislation, as leverage to pass pension reform legislation.
 
This week the governor made it clear that pension reform comes first, and that he will not entertain the prospect of signing off on other legislation taking precedence over this priority bill.
 
Speaking to the Chicago Tribune this week, Quinn said that he would "...never, ever sign a gaming expansion absent comprehensive pension reform."
 
The state has a potential pension deficit of $100 billion, and this thorny issue has been the subject of repeated deferrals by successive state governments.
 
The stand-alone online gambling bill is being driven by Illinois Senate President John Cullerton and is currently being circulated in draft form.
 
With the current legislative session ending later this (May) month, the pressure is on.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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