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Rhode Island attack Sportsbetting Ban

1/18/10 - Make a note of Rhode Island bill S.2028, because you may be hearing more about it as the new year progresses. It's a proposal now before the Senate Constitutional & Regulatory Issues Committee that suggests it's time to lift the federal sportsbetting ban in order to boost state tax revenues, and follows similar moves in Delaware and New Jersey.
 
Authored by state Senators Tassoni, McBurney and Doyle, and introduced January 13th, the bill urges the United States Congress to lift the national ban on sports wagering imposed by the 1993 Professional and Amateur Sports Protection Act which prohibits states and local governments from authorising sports wagering, confining it solely to the state of Nevada.
 
The Senators point out that Nevada pulled in $81.5 million on 2009 Super Bowl wagering alone - an estimated mere 1 percent of nationwide sportsbetting potential - and attracted 287 000 visitors to Las Vegas.
 
The politicians also quote National Gambling Impact Study Commission statistics indicating that illegal sports wagering in the United States generates revenues around $380 billion every year.
 
The Senators argue that the federal sports wagering ban is not effective in curbing illegal sport gambling, and that lifting the ban on sports wagering would allow state gaming enforcement agencies to more properly regulate and police this activity, at the same time significantly benefiting the State of Rhode Island by generating additional tax income and by enhancing tourism.

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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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