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New Daily Fantasy Sports Bill For New York
Thursday, February 25, 2016 : NEW D.F.S. BILL LAUNCHED IN NEW YORK
Senate Committee on Racing, Gaming and Wagering chairman introduces new measure.
New York Attorney General Eric Schneiderman, who has been leading the prosecutorial charge against daily fantasy sports, must be gnashing his teeth at the news Wednesday that a new DFS legalisation bill has been introduced in the state Senate.
The influential proposer of the bill - S 6793 – is Sen. John Bonacic, chairman of the state Senate Committee on Racing, Gaming and Wagering, and a consistent supporter of legalised online poker The new bill does a step further than simply recognise DFS as a skill game...it proposes a full-on stringent regulatory regime for the industry in New York state, amending the racing, pari-mutuel wagering and breeding law and the financial services law, in relation to interactive fantasy sports. It includes provisions to:
* Create a Fantasy Sports Contests Division within the Financial Frauds And Consumer Protection Unit to promulgate regulations and license operators;
* Allows DFS operates already active in the state prior to last November 10 to continue to offer their products whilst their registration process is ongoing;
* Imposes a one-time fee of $500,000 which can be applied, in whole or in part, against an operator’s tax obligation for a 36-month period after receiving a license;
* Imposes a tax rate of 15 percent of GGR on revenue from New York players;
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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