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Horse Racing And NJ Internet Gambling

Horseracing bodies appear have taken a deep breath before adopting a more collaborative approach
The news earlier this week that the horse racing industry in New Jersey was less than pleased by its exclusion from the benefits of legalised online gambling proposed in the state legislature generated considerable media interest, particularly when industry spokesmen suggested that there was the possibility of legal action.
The horsemen were perturbed by the changes in Sen. Ray Lesniak's bill giving control of any legalised online gambling to Atlantic City operators, and the financial implications this entails.
The legislation is still at the committee stage, although Sen. Lesniak appears confident that it will pass by mid-March, opening the way for regulations to be drafted and perhaps inter-state collaboration to be negotiated.
Later in the week the horseracing faction appeared to have reconsidered its position, adopting a more conciliatory tone, with one consultant asserting that legal action was not being seriously considered
“We actually ask that some consideration be given to amending the bill, tweaking it a little bit without hurting the casinos. They could allow casinos to lease gaming space from the racetracks,” Dennis Drazin said.
“If you allow a casino that wants to partner with the racetracks, you capture the racetrack customers who are already gambling. It allows the horsemen and the casinos to work together to benefit the state,” he said.
Sen. Lesniak appears comfortable with this approach, saying: “We've been speaking. I understand the angst of the horseracing industry and they understand that both the casino industry and the horseracing industry are important to the economy of the state. We'll work it out.”

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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.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

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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