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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 :

Update on Anti Online Gambling bill S.3376 - More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.

Anti Gambling bill S. 3376 - #s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.

2016 WPT Borgata Main Event Results - @MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.

G-Sports debuts with the game Road Redemption - #esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.

French licensed gambling operators lost $5M in 2015 - #france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.

NO PRIVATISATION FOR ONTARIO LOTTERY - The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.

Space Invaders wins Best Slot Product Award - The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.

Loss Recovery Act has again been defeated in a class action lawsuit - #gameofwar Illinois notorious Loss Recovery Act has again been defeated in a class action lawsuit...this one emanating from in-game activity on a mobile social gaming video game.

NEW MARKETING CAMPAIGN FROM LADBROKES - The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.

Gamesys acquires Snowcat Games - London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.

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