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MCDERMOTT PESSIMISTIC REGARDING ONLINE GAMBLING TAX BILL
IGRTEA unlikely to move out of committee this year
Industry disappointment at the news that Nevada Senator Harry Reid is against the federal legalisation of internet gambling in the United States has been followed by a pessimistic statement from Representative Jim McDermott regarding his proposed bill on the taxation of online gambling.
McDermott's Internet Gambling Regulation and Tax Enforcement Act is a companion bill to that of Representative Barney Frank, which seeks to legalise, regulate and tax online gambling.
The McDermott bill has stalled in the Ways and Means Committee and is at the mercy of the committee chairman, Sander Levin, who has not yet scheduled the proposal for markup. It seems that this will not happen before the November mid-term elections, according to a spokesman for Representative McDermott this week.
The House of Representatives adjourns October 8 to prepare for the elections, only returning early in November, when a 'lame duck' session is traditionally held.
McDermott's representative said the Congressman would like to see the bill advance before the end of the year, but warned that time is running out and the amount of other legislation awaiting the attention of the Ways and Means Committee is considerable.
If the McDermott bill is not out of committee when the current Congressional season ends, it's back to square one next year.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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