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NJ spent $2.8 million Trying To Legalise SportsBetting

Sunday May 4,2014 :  NEW JERSEY'S EXPENSIVE ATTEMPT TO LEGALISE SPORTS BETTING
 
State spent $2.8 million in public funds up to the end of 2013.
 
The state of New Jersey's attempt to overthrow the Professional and Amateur Sports Protection Act and implement intrastate sports wagering has been a costly affair, according to a report from the Associated Press news agency over the weekend.
 
In a series of court actions in which the state has been unable to persuade  the judiciary that it has a right to enjoy sports betting along with four other US states permitted to do so under the PASPA, New Jersey has spent $2.8 million in taxpayer funds, the news agency claims, citing data it has obtained from public records.
 
The expenditure was incurred between August 2012 and the end of 2013, and the litigation is ongoing, with the main beneficiary legal firm Gibson, Dunn & Crutcher.
 
The issue is probably in its final phase as the state waits to find out whether its appeal to the US Supreme Court will be heard.
 
"The total amount to be borne by taxpayers will be higher when other attorneys' fees are added; for example, former Assembly Speaker Sheila Oliver and former Senate President Steve Sweeney became part of the case in November 2012, but information on their fees was not available from the attorney general's office," the AP report claims.

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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