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REID-KYL STILL WORKING ON INTERNET POKER
04/26/2012 : REID-KYL STILL WORKING ON INTERNET POKER
But legalisation may mean a federal ban on internet gambling generally
Rumours of a federal online poker legalisation bill emerging from an unlikely Democrat - Republican partnership between Sens. Harry Reid of Nevada and Jon Kyl of Arizona have been circulating for at least a year or more, but this week again surfaced.
According to sources who claim to have been briefed on the collaborative effort, the two are still working on the measure....but the result may not be all that the online gambling industry as a whole would welcome.
The word is that the downside of the deal (depending on your perspective) is that a federal ban on online gambling generally may be the quid pro quo for Kyl's support for legalised online poker - hardly surprising given Kyl's long record as an implacable opponent of internet casino action.
How that will sit with individual states that have traditionally defended their right to make laws on gambling is uncertain, especially given the recent enthusiasm that states have shown for the possibility of online gambling revenues in the wake of the US Department of Justice's about-face on the Wire Act.
The venerable Wall Street Journal reported on the rumours this week, noting that it is not yet known whether the Kyl-Reid team has plans to launch their bill in Congress this year or not.
Perhaps an indication of the line the duo are taking was given last year, when they jointly wrote to Attorney General Eric Holder voicing their opposition to attempts by certain states to legalise intrastate online gambling, a communication that was roundly criticised by the pro-internet gambling Senator from New Jersey, Ray Lesniak
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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.
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.
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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