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LA Times wants all online gambling regulated

Sunday January 24,2016 : REGULATE ALL ONLINE GAMBLING, SAYS L.A. TIMES
 
Time for the Legislature to stand up to competing gambling interest groups and adopt safeguards across online gaming.
 
The editorial board of the Los Angeles Times again came out in support of regulated online gambling in California at the weekend, suggesting in an op-ed piece that the time has come for lawmakers to stand up to competing self-interested groups that have repeatedly side-tracked the legalisation of online poker, and implement an across-the-board regulatory approach to daily fantasy sports and indeed all forms of online gambling.
 
The article focuses on the currently high-profile DFS genre, noting that it is likely to run the same gauntlet of self-interested groups as online poker has experienced over several years, and suggesting that lawmakers are already behind the curve as they grapple with whether to regulate or ban the genre.
 
It may be too late to ban fantasy sports in California, the article speculates, given that the vertical has already become a large part of the online gaming phenomenon, drawing in literally millions of players
 
"The leagues have drawn millions of players, just as online poker sites have developed huge followings regardless of their legality," the piece observes. "The fact that fantasy sports leagues and other online games are legal in some jurisdictions means that it will be difficult, if not impossible, to stop people from playing them even where they are illegal.
 
"The smart approach is to regulate the leagues, ideally within the context of a comprehensive approach to online gaming. That way the state can protect consumers against fly-by-night sites while requiring companies to use sophisticated technology to block minors and problem gamblers, pay fees that can be used for oversight and enforcement, and guard consumers against insiders competing unfairly for jackpots."
 
The piece ends with the observation that online poker is once again on the table in the state Legislature and is likely to again encounter "internecine battles among the state's licensed gaming businesses."
 
It concludes that the argument for setting up a safer environment for fantasy sports games applies in spades to online poker, commenting:
 
“It's time for the Legislature to stand up to the competing gambling interest groups and adopt safeguards that apply across the online gaming boards."

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Gambling News :

Netent Enters Mexico With Deal With Codere - The statement advises that the agreement enables the Swedish company to provide its portfolio offerings to Codere through that company’s existing operator license.

Winamax Poker Launches Dealers Choice Games - The Dealer's Choice in poker format is not a new concept, but Winamax enlivened the French online poker scene by introducing it last week, taking advantage of looser game restrictions by the French regulator ARJEL.

2016 Unibet Poker Open Bucharest main event Results - Romanian poker ace Traian Bostan banked Euro 100,000 this weekend after winning the Euro 1,100 buy-in Unibet Poker Open Bucharest main event hosted by the JW Marriott Bucharest Grand Hotel.

Limited Gambling To Be Allowed in Bermuda - After two years of discussion senators in the self-governing British overseas territory of Bermuda finally approved the Casino Gaming Amendment Act 2016 last week, ushering in a potentially more liberal and practical approach to gambling in the Caribbean island nation.

Crown Resorts Employees Should Confess - Youxi suggested that Crown should hire good lawyers to defend its employees, something Crown's existing Chinese legal representatives may regard as offensive.

Jack Lam on the Run - "Our records also showed Lam arrived in Manila last Nov. 25 aboard a China Airlines flight from Taipei,” she said, observing that there was no record of any return to the Philippines since his departure.

Golden Jungle Slot - IGT is about to launch online its popular land casino slot Golden Jungle, adding yet another jungle-and-temple themed game to the dozens already available to internet and mobile punters.

Philippines president Orders Arrest of Jack Lam casino magnate - Rodrigo Duterte, the shoot-from-the-hip Philippines president, has intervened in the fast-moving bribery scandal involving his Justice Secretary Vitaliano Aguirre, Pagcor chief Andrea Domingo and Macau-based casino magnate Jack Lam

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

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