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Massachusetts wants a new study on DFS and online gambling

MASSACHUSETTS SENATOR WANTS TO GO BACK TO THE DRAWING BOARD ON DAILY FANTASY SPORTS (Update)
 
State Senator Eileen Donoghue proposes a new study on DFS and online gambling.
 
Massachusetts state Senator Eileen Donoghue has potentially thrown a spanner in the daily fantasy sports legalisation works in Massachusetts by successfully introducing an amendment to the state budget bill that calls for the appointment of a commission to further study the implications of legalised daily fantasy sports and online gambling.
 
Our readers will recall that earlier this year Massachusetts Attorney General Maura Healy issued regulations for DFS, although little progress has been apparent since then in legislative terms.
 
However, the Massachusetts State Senate recently submitted its budget recommendations for 2017, and among them was the amendment from Sen. Donoghue, calling for the creation of a special commission to carry out "a comprehensive study” of the regulation of daily fantasy sports and online gaming...specifically regarding “taxation, legal and regulatory structures.”
 
Explaining the need for the study, Donoghue said in a press statement: “The daily fantasy sports industry is here to stay, but questions remain about its impact on the commonwealth and about other new forms in Internet gaming. This commission will answer those questions and provide the additional clarity that businesses, regulators, and consumers need.”
 
The statement notes that the amendment requires the commission to meet before October 1 this year, with its recommendations submitted by March 1 2017. The state lottery is expressly excluded from the commissions mandate, which observers note may be association with the lottery managements desire to expand into the online environment to avoid revenue stagnating.

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Gambling News :

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

Fonbet Gets Russian Betting License - #Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.

New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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