New opinion piece suggests that the Senate's insistence on a punitive 54 percent tax rate indicates a lack of industry understanding The Pennsylvanian Senate proposal of a prohibitive 54 percent tax rate on legalised online slot action (see previous InfoPowa reports) came under attack by Mark Gruetze, the Tribune-Review's gambling columnist over the weekend. Gruetz wrote that as proposals for...
Bill authored by Rep. Gary Azarian is an opportunity for state to participate in the early growth stages A fantasy sports legalisation bill, HB580, introduced to the New Hampshire House earlier this year by Rep. Gary Azarian, was the subject of a Senate information hearing this week in which both DraftKings and FanDuel testified in favour. The bill has already...
But Pennsylvania hearing on gambling expansion cancelled A day of highs and lows for U.S. gambling expansion as the New York Senate Finance Committee passed online poker bill S3898, Tuesday. The bill, sponsored by Senator John Bonacic, will progress to the New York Senate to be heard for a second time having been shelved in the last session (see previous...
CEO hopes to return social gaming company to profitability soon Frank Gibeau, the chief executive of US social gaming giant Zynga, assured investors in his Q1-2017 report this week that he expects to return the company to profitability "in the very near future", his confidence given credibility by reduced losses and a good quarterly performance from Zynga Poker. A statement...
Resorts Casino partners Sport AD Daily fantasy sports firm Sport AD has reportedly entered into a deal with Resorts AC for the launch of a daily fantasy sports offer in New Jersey, conditional on approvals from the New Jersey Department of Gaming Enforcement. Sport AD's FastPicks offer will launch exclusively in New Jersey within Resorts AC's terrestrial, online and mobile...
Takes WSOP Circuit Horseshoe Baltimore Main Event title Mike Cordell bested a field of 449 in the World Series of Poker Circuit Horseshoe Baltimore $1,675 Main Event. Cordell won his second WSOPC ring along with a $148,171 pay cheque after outplaying Alex Queen heads up. Final Table Results were: 1 Mike Cordell $148,171 2 Alex Queen $91,562 3 Jeremy Stein...
If licensed land casinos do not take up online licensing offer, it may be opened to a wider market Different perspectives are coming thick and fast in the Pennsylvanian political quest for consensus on the contents of HB271, which is currently being populated in the Senate Community, Economic and Recreational Development Committee after being referred by the House to motivate...
There is no need to "restore" the Wire Act... it's already been done by a top Department of Justice division Earlier this week the Washington Examiner published an op-ed written by Sheldon Adelson lobbyist Jon Bruning which attacked the key Department of Justice Office of Legal Counsel opinion in 2011 that the 1961 Wire Act applies only to sports betting,...
Expands existing relationship MGM Resorts International (MGM) and GVC Holdings PLC (GVC), have agreed a partnership in which the playMGM brand will launch in the New Jersey market with online casino and poker games. This new agreement expands GVC's existing relationship with MGM in which it has provided software and support for MGM's Borgata Hotel Casino and Spa in the...
Time runs out for H52 as legislature adjourns Iowa Rep. Matt Windschitl's DFS legalisation bill H52 - and for that matter a companion bill SSB1183 in the state Senate - have failed to advance in time to escape the state legislature's session adjournment and will be back to square one in the next season. Hopes were high for H52, was...