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Texas to Delcare DFS Legal?
TEXAS LAWMAKER TO INTRODUCE D.F.S. LEGISLATION
Rep. Richard Raymond plans to propose that DFS is a legal activity in his 2017 measure.
The Democratic Party Representative for Laredo in Texas, Richard Raymond, has announced his intention to introduce a bill in the state legislature next year that will declare daily fantasy sports to be a legal, skill-based activity within the borders of Texas.
If he is successful, his proposed bill will supercede the opinion issued in January this year by state Attorney General Ken Paxton that such contests are gambling under state law and are therefore illegal.
Justifying his intention to introduce a bill on the issue, Raymond said in a statement this week that success in DFS depends upon knowledge, research and planning, adding:
“Under existing law, it’s clear to me that it is legal, but I think Ken Paxton muddied up the waters so much that we have to straighten it out.”
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Macau ATM Transaction Limit Lowered -
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .
Vegas Mobile Casino Gets Live Dealer Games -
Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.
Cosmic Crystals SLot Launches -
1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.
Australian Open To Dunp Gambling Ads -
Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.
BaFin CrackDown on Spread Betting -
The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.
How is the CDC Group Spending its Money -
Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.
Voodoo Slot Released -
The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).
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