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New JErsey Advances DFS Bill
NEW JERSEY SENATE COMMITTEE ADVANCES D.F.S. BILL
Another step toward legalisation for daily fantasy sports.
The New Jersey Senate Budget and Appropriations Committee advanced a proposal to legalise and regulate daily fantasy sports on a vote of 9 vs. 3 Monday, bringing the legalisation of the vertical in New Jersey a step closer. The measure now goes to the Senate floor.
Bill S-1927, sponsored by Sen. Jim Whelan, requires state law enforcement to regulate the business, but allows popular companies already in operation, including DraftKings and FanDuel, to continue operating while they seek permits in terms of the proposed law.
Sen. Whelan explained Monday that the bill requires the fantasy sports sites to pay an 9.25 percent of their yearly gross revenue in New Jersey as a registration fee "...the same tax rate (as that applied) on brick and mortar casinos,” he said.
The bill also bars DFS company employees from playing the games they operate or sharing statistical information that they gather. Whelan said that was in response to the New York Attorney General’s office charges that people involved in the sites were trading insider information.
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 Microgaming’s 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 Sunday’s 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 –115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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