Differing views on Sen. Ty Larson's LB862 Nebraska's Senator Ty Larson's bill LB862, a measure seeking to permit daily and traditional fantasy sports activity within state borders, was the subject of a public hearing before the Legislature's General Affairs Committee Monday and illustrated the gulf between supporters and opponents. Sen. Larson said his bill declares that such games predominantly require...
Another attempt to leverage a state "gambling loser" statute for reward The latest "loser gambling" class action law suit to be filed against daily fantasy sports market leaders FanDuel and DraftKings was launched in the US District Court in Portland, Oregon Monday by resident Brandon Peck on behalf of himself and more than 100 other Oregonians who claim to have...
Assemblyman Gary Pretlow returns for another legalisation attempt Determined New York Assemblyman Gary Pretlow has started 2016 with a renewed attempt to legalise online poker, resubmitting as bill A9049, a measure reportedly unchanged from last year's, which failed to make it out of committee. There are rumours that Senator John J. Bonacic, whose similar bill in the state Senate failed...
Assembly Committee on Appropriations unanimously votes DFS regulatory bill forward There was encouraging news from California for the daily fantasy sports community this week when the state Assembly Committee on Appropriations voted unanimously to progress AB1437, a measure proposing that operators must take out licensing and pay regulatory fees and taxes in the state in order to offer their products....
Funds undisclosed Las Vegas-based sportsbook platform provider Metric Gaming has completed an undisclosed round of financing led by Alternative Trading Partners (ATP), with participation from major industry insiders as well as existing shareholders. The funds will be invested in the completion of the company's "first-to-market" SuperLive® mobile betting platform. Metric has a rapidly growing roster of clients and market momentum...
Doug Chin says DFS contests constitute illegal gambling under existing state laws Taking some of the shine off the good news from California and Florida on daily fantasy sports, the Attorney General for Hawaii, Doug Chin opined Wednesday that DFS contests constitute illegal gambling under existing state laws. "Gambling generally occurs under Hawaii law when a person stakes or risks...
California Assembly passes Adam Gray's AB1437 After sailing through the Assembly Appropriations Committee earlier with just one dissenting vote (see previous InfoPowa report), California Assemblyman Adam Gray's bill AB1437 legalising intrastate daily fantasy sports was approved by the Assembly Wednesday on a vote of 62-1, and is now on its way to the state Senate. Titled the Internet Fantasy Sports...
Negron bill to be considered by state Senate Regulated Industries Committee Wednesday The daily fantasy sports regulatory scene in Florida looks set to warm up tomorrow (Wednesday) when Sen. Joe Negron's bill SB832 will be considered by the state Senate Regulated Industries Committee. Filed last November, (see previous InfoPowa reports) SB832 clarifies that fantasy sports skill games are not gambling...
Rocket Games appears to have been well-named Following a confirmatory accolade from the respected independent online gambling analyst Eilers & Krejcik Gaming, social casino games developer Rocket Games can perhaps be excused for blowing its own trumpet this week in a presser. The company reported $9.4 million in Q4 2015 revenue to claim a 500 percent year-on-year and 120 percent...
Republican lawmaker wants DFS companies to register in the state Wisconsin state Representative Tyler Vorpagel made good on his promise to try for the intrastate registration of daily fantasy sports Monday when he introduced an Assembly bill that proposes that anyone who offers fantasy games for a cash prize to more than 750 people must register with the state Department...
