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New Jersey Gambling Bill Vote on May 31

Saturday May 12, 2012 :  NEW JERSEY ONLINE GAMBLING BILL SET FOR SENATE VOTE ON MAY 31 (Update)
 
But amendments to the Assembly version of the bill have triggered speculation
 
New Jersey state Senator Ray Lesniak has announced that the Senate version of his bill seeking to legalise intrastate online gambling controlled from Atlantic City land casinos  will be put before the Senate for a vote on May 31.
 
The Assembly version of the bill - AB2578 - passed through a key House committee on a 3-1 vote last week  but on reading through the proposed measure it is clear that the passage was at the cost of some tough amendments.
 
Pokerstars in particular will be scrutinising one section which could impact its reported Full Tilt Poker acquisition plans.
 
Section 37 now includes a proviso that any company that took bets from the United States after December 31, 2006 (when the UIGEA was brought in) will be denied licensing.
 
The amendment also includes far-reaching prohibitions designed to stop any corporate maneuvering to get around the ban, embracing software, brands and other intellectual property, although - perhaps encouragingly - there is a provision that permits applications for a waiver, albeit subject to strict conditions.
 
Industry observers say the amendment is almost certain to strengthen support among major land gambling companies that have been showing interest in a legalised online sector through partnerships with experienced companies with a clean post-UIGEA slate like 888.com and Bwin.Party digital entertainment.
 
However, the other side of that coin is that it could be bad news for Pokerstars and others who continued to service the US player post-UIGEA.
 
A date for an Assembly vote has yet to be set down.

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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