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New Mexico re-thinks its legislation on internet gambling
Monday February 3 ,2014 : U.S. STATE WITHDRAWS INTERNET GAMBLING BAN PROVISIONS
New Mexico re-thinks its legislation on internet gambling.
Legislators in New Mexico appear to be taking a more progressive approach to online gambling...or are at least hedging their bets, according to a report in the Albuquerque Journal this week.
The report covers state compacts to be addressed by the Legislature that formerly declared New Mexico would not authorise online gambling, but the Journal notes that this potential ban has since been removed from the proposed compact.
"Online gaming is now authorized in three states, the most recent being New Jersey. This tool for revenue raising is being considered in eight other states, and many experts expect it to spread across the country," the Albuquerque Journal observes, speculating that it could also be used as leverage by the state in negotiating compacts with the state's prickly and not always cooperative land casino operators.
Some state politicians are also concerned at a proposal that says New Mexico agrees not to authorise any non-Indian competitive slot machine gaming.
The former draft limited the number of Class II gaming machines but that has been dropped despite the fact that Class II machines are now almost identical to Class III machines (slots and video poker).
The problem is that tribes share their revenues from Class III machines but not from Class II machines, the Journal reports.
Interested parties are concerned that the lawmakers get this one right, because the compact runs until 2037, a lengthy period that some feel should shortened.
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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