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Pessimism Over New York Online Poker

PRETLOW PESSIMISTIC ABOUT ONLINE POKER LEGALISATION IN NEW YORK
 
Sen. Bonacics bill may have been approved by the state Senate, but a similar triumph in the House is unlikely given time constraints.
 
The euphoria over Sen. John Bonacics achievement earlier this week in pushing an online poker legalisation bill through the New York state Senate on a vote of 53 vs. 5 ) has quickly been replaced with a sense of pessimism over the measures chances in the state Assembly.
 
On Wednesday Assemblyman Gary Pretlow, chair of the Assembly Racing and Wagering Committee and the proposer of a similar measure in the Assembly currently at committee stage, gave voice to that pessimism, opining to local reporters that a vote this year is unlikely
 
Pretlow told reporters there are not enough votes in the Assembly to pass the measure, which would require each of the racetrack casinos to pay the state a $10 million fee for a three-year licence. That fee would be applied toward a 15 percent tax on the online gambling revenues that the casinos would owe the state.
 
At least one operator has already said his company would be interested in offering online poker; Jeffrey Gural, chairman of American Racing, the operator of Vernon Downs and Tioga Downs harness racetracks and racinos, said Wednesday he would probably run online poker gambling from Tioga Downs if it becomes legal in New York.
 
He added that online poker gambling is something that New Yorkers are already participating in through illegal operations.
 
"You might as well make it legal,” Gural said.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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