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MASSACHUSETTS PUSHING AHEAD WITH ONLINE GAMBLING STUDY

01/16/2012 : Department of Justice policy change has acted as an accelerant, says state money man.
 
The state of Massachusetts is not hanging around following the surprise announcement late last year that the US Department of Justice had it all wrong in its interpretation of the Wire Act .
 
In an interview with the business section of the Boston Globe newspaper Friday, state treasurer Steve Grossman opined that the Massachusetts State Lottery may be headed to the Internet.
 
Grossman has formed a 20-person task force to consider whether Massachusetts should institute online sales of lottery tickets following the about-turn by the DoJ, characterising the development as “...a surprise that accelerates the urgency of dealing with online lottery sales and online gambling in general.’’
 
The task force includes representatives from the state treasurer’s office, the Massachusetts Lottery, private citizens, and elected officials, according to a spokesman for Grossman.
 
Gambling opponents would be appointed as members, too, he said, noting that the social impact of online gambling will be a major concern of the task force.
 
The state has also begun a search for an internet gambling consultant to provide expertise and research services.
 
Grossman said he expects to start meeting with task force members as early as “the next few weeks.’’
 
A local lawyer, Kimberly Herman, told the Globe that the DoJ's new position on the Wire Act begs the question of whether this will set the stage for a boom in non-sports Internet betting.
 
“If the Department of Justice is saying that the Wire Act only applies to sports-related wagering, then that opens it up for everyone else who is offering online poker, online table games, and so on,’’ she said. “There’s so much money involved, they are all going to rush in.’’
 
Four legislators have already been announced as members of the investigative team: Representative Timothy Toomey of Cambridge, a Democrat; Representative Daniel Winslow, a Republican from Norfolk; Senator Jennifer Flanagan, Democrat of Leominster; and Senator Richard Ross of Wrentham, a Republican.
 
Among the implications that the task force will consider are the impact of online ticket sales on retail ticket sellers, and how internet gambling could affect the recently approved construction and subsequent operation of three new land casino resorts in the state.
 
“What happens if there is unfettered online poker and online roulette in Massachusetts?’’ Grossman asked the Globe. “Will that cause casino companies to bid less aggressively for licenses?’’
 
The state treasurer said he has to take “an entrepreneurial and aggressive approach’’ to new online opportunities to ensure that Massachusetts does not lose revenue to other states that may embrace online gambling more aggressively.
 
“This is a fast-moving, highly competitive market,’’ Grossman said, “and this opinion only accelerates this moment of change.’’

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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