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New DFS Bill For New York

NEW DAILY FANTASY SPORTS BILLS FOR NEW YORK
 
Senate and Assembly bills introduced despite state AGs negative view of DFS.
 
The New York state Attorney Generals negative view that daily fantasy sports are illegal in terms of New York state law (see previous InfoPowa reports) has done nothing to dampen the enthusiasm of state politicians Sen. John Bonacic and Rep. Gary Pretlow, who have introduced similar legalisation bills in the Assembly and Senate.
 
The two men are respectively chairmen of the Senate Racing, Gaming and Wagering Committee, and its equivalent in the House.
 
Reporting on the bills, the New York Daily News said their passage will allow DFS market leaders FanDuel and DraftKings, along with other daily fantasy sports sites, to return to New York after they exited following "cease and desist" letters from the AG earlier this year.
 
Although not identical, the two bills have similar provisions, calling for oversight by the New York State Gaming Commission, licensing fees and a tax rate on GGR from transactions with New York players of 15 percent. There are also similar provisions regarding excluding college and high school sports from DFS competitions.
 
New York Governor Andrew Cuomo has an open mind on the issue, according to a spokesman, who told the New York Daily News that if the legislature has a proposal the governor is prepared to review it.
 
"We are seeing major progress and hope the Legislature acts soon to make New York the seventh state this year to pass positive fantasy sports legislation that will clarify the legality of these games and install necessary consumer protection regulations,” Cory Fox, director of policy and government affairs for FanDuel, said in a statement.
 
“There are more than one million players and nearly 30 fantasy businesses in the state watching and waiting for the legislature to safeguard this growing industry,” he added.
 
Carlo Scissura, president of the Brooklyn Chamber of Commerce, was also supportive, saying: "It can help accelerate the increase of technology jobs within the city, within Brooklyn. Why shouldnt this industry be a part of this renaissance in technology?"

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Gambling News :

Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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