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Op Ed Article On Runner Runner

Friday September 20 ,2013 : REPUTATION ROULETTE FROM THE AMERICAN GAMING ASSOCIATION
 
New CEO plays a dangerous game in tarring the industry with a wide brush
 
It hasn't taken long for Geoff Freeman, the new chief exec at the American Gaming Association, to raise a few industry hackles with his latest op-ed article referencing the just-released online poker movie Runner, Runner starring Ben Affleck and Justin Timberlake
 
Last month, clearly concerned at the growing momentum of state-by-state legalisation and regulation, Freeman said that he planned to leverage the movie to influence public and political opinions on online poker toward the AGA-favoured federal legalisation solution (which over the years never seems to materialise).
 
Good to his word, this week Freeman burst into print in an op-ed piece in the Las Vegas Review-Journal, noting the movie's depiction of a lawless online poker sector populated with some pretty questionable characters, which he rather provocatively commented was 'sadly, not far from reality'.
 
Compounding the insult, Freeman went on to claim that the U.S. government is 'doing everything in its power to crack down on illegal operators - just like those portrayed in “Runner Runner.'
 
Such a wide assertion is hardly likely to make him popular with the many highly professional and ethical people and companies working in the online industry today, and this sort of generalised implication coming from a senior and hopefully diplomatic executive of a major trade association is surprising.
 
It could backfire given the sensitive nature of the rapidly evolving US online poker business and the considerable effort and resources that states like New Jersey, Delaware and Nevada, along with major and reputable companies, have dedicated to its rigorous regulation.
 
Freeman did make one realistic assessment in his article - he acknowledged that online gambling is here to stay.
 
The AGA chief will be speaking at G2E in Las Vegas next week, and will probably again push the AGA line that if Congress fails to act in delivering a federal solution, individual states will [continue to] move forward.
 
The Association believes that while this approach will yield more protections than currently exist, the industry will be left with a state-by-state 'patchwork of regulations' across the 'borderless Internet.'  And the black market will continue to thrive in states that choose not to pass legislation, putting US gaming patrons, problem gamblers and minors at unnecessary risk.
 
Read the full article here:
 
http://www.reviewjournal.com/opinion/policymakers-must-get-board-online-gambling

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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