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NEW JERSEY LAWMAKER TO INTRODUCE DAILY FANTASY SPORTS REGULATORY BILL
Tuesday November 3,2015 : NEW JERSEY LAWMAKER TO INTRODUCE DAILY FANTASY SPORTS REGULATORY BILL
Less than a week after Gov. Chris Christie belittled the idea, state Sen. Jim Whelan plans to introduce a measure.
Our readers may recall New Jersey Governor Chris Christie's outburst during the third Republican presidential debate, in which he ridiculed the media focus on regulating daily fantasy sports when there are so many more urgent issues on the world stage at present.
However, this week New Jersey Senator Jim Whelan joined politicians in several other states in calling for regulation, and revealed that he plans to introduce just such a measure for his state in the near future.
In a letter to state regulators and the New Jersey Casino Control Commission Monday, Sen, Whelan opined:
"The meteoric rise of daily fantasy sports, particularly with large sums of money being won by players, has led to accusations of insider information and corruption which could hurt consumers.
"I don't believe we should impede one's enjoyment of fantasy sports, however, we have an obligation to ensure that fantasy sports competition is fair, impartial, and transparent to everyone."
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Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
ASA Looking at Ladbrokes and Netbet ads -
A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.
Betconstruct In Deal With Realistic Games -
BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.
XLMedia Half 1 2016 Earnings Report -
Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.
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