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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.
B3W's white label poker growing -
02/03/2012 : Online poker software developer B3W's venture into the white label poker market with an all-inclusive product has paid dividends, according to the company, which this week reported that in six months four fully integrated poker rooms had been signed up for its Poker Pack Network.
Betfair public affairs manager speaks out for regulated online gambling -
02/03/2012 : Tom Tuxworth, public affairs manager for the listed British online betting group Betfair, told a South African parliamentary portfolio committee studying the possible legalisation of online gambling that prohibition only drives would-be internet punters to offshore and unregulated websites.
Suzan Smith, problem gambler blows 400k of bosses money -
02/03/2012 : A compulsive online gambler who stole almost GBP 400 000 from her employer was sent to jail in Norfolk, UK this week after a judge criticised her for stealing not only the money but a part of a decent man's life.
NEW IPAD APP FROM BETFAIR -
02/03/2012 : Betfair plc launched its next generation iPad App into the Apple store Friday, announcing that the bespoke native application is a marked enhancement from previous products and is the first to come out of Betfair’s development office in San Francisco
Boxing behind Betfair's latest sponsorship -
02/03/2012 : Betfair is the newest title sponsor of the Matchroom Sport Prizefighter series in a partnership deal that will deliver the online betting exchange branding rights across the ring and provide its customers with expert analysis and in-depth fighter interviews.
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