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Saturday June 7 ,2014 : SPORTECH WARNS OFF UNLICENSED OPERATORS IN CONNECTICUT
With a major horse race taking place this weekend, operator claims it has the only legal online offer.
Sportech Ventures, the Connecticut subsidiary of British online and land gambling group Sportech plc, warned off unlicensed operators on the run-up to the Belmont Stakes racing this weekend, reminding them that it is the sole operator licensed in the state to accept online wagers.
The US company operates 15 off-track-betting and sports bars around the state and owns MyWinners.com - the only website legally allowed by the state to offer pari-mutuel online wagers in return for paying the state 3.5 percent.
On Friday Sportech Ventures issued a statement reminding interested parties that the Connecticut Department of Consumer Protection and Attorney General George Jepsen recently sent cease-and-desist letters to out-of-state online outlets that aren't licensed to take wagers in Connecticut or to take wagers from Connecticut residents.
"No other site is regulated here or pays the tax that the state should be receiving," Ted Taylor, president of Sportech Ventures, said in the statement. "Our operations are closely monitored by the Department of Consumer Protection, thereby ensuring that the highest standards of player protection are in place for local residents."
At the end of May this year the state AG and its Consumer Protection Commissioner William M. Rubenstein signed a form letter sent to 28 online gambling companies demanding they stop marketing their services in Connecticut and accepting wagers from state residents.
The state sent the same cease-and-desist letter to all the unlicensed gambling entities at once, with the firms concerned based in Kentucky, North Dakota, Florida and Ohio. The letters warn, "you must immediately cease and desist from accepting wagers placed from within the State of Connecticut …"
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
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.
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