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Will New York Get Online Poker in 2015
Wednesday December 24,2014 : ONLINE POKER FOR NEW YORK NEXT YEAR?
Will the Empire State achieve legalisation by 2015 - 2016?
Previous attempts to get regulatory and licensing laws for online poker through the New York State Legislature may have failed, but reports from the state indicate that another attempt will be made in 2015.
Legalisation by the Empire State could be a major breakthrough in the USA; New York has a population more than twice that of New Jersey at almost 20 million, something that MGM must have noticed to persuade it to lobby for legalisation earlier this year.
Back in October the New York Times reported on the online poker lobbying activity in Albany by MGM following the results of a study that suggested that poker fans in the state spend up to $110 million a year on foreign internet poker sites.
The study further whetted lawmakers' appetite for taxes by estimating that the state government could benefit by up to $50 to $80 million annually if intrastate legalisation of online poker were to be achieved.
In March this year a legalisation proposal was introduced to the state legislature but did not gain any traction and failed at committee stage. However, the chairman of the state Senate Committee on Gaming and Wagering, Sen. John Bonacic, did comment on the need for a discussion on the subject, keeping hopes alive.
Analysts at investment bank and financial services giant Morgan Stanley have predicted that online poker legalisation in New York State is a possibility around 2016.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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