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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 :

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.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

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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