Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks

Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks

A Pennsylvania sports betting bill has been introduced by State Rep. Rob Matzie (D-District 16) that seeks to allow residents in the Keystone State to place financial wagers on sporting outcomes should a federal law be repealed.

James Franklin’s Penn State football team provided large payouts for fans who backed the Nittany Lions last fall, and a Pennsylvania sports betting bill has been introduced to keep those monies inside the Commonwealth.

House Bill 519 would allow the business of accepting wagers on sporting events or on the individual performance of athletes. Traditional Vegas sports betting formats including straight bets, moneylines, parlays, exchange wagering, and pools would all be authorized. However, Matzie’s bill wouldn’t legalize daily fantasy sports.

‘Sports betting is a $400 billion business in the United States,’ Matzie said in a statement. ‘Most of that betting takes place illegally, through bookies and offshore wagering companies. This bill would position Pennsylvania’s casinos to be among the leaders in sports betting as soon as the legal hurdles are removed.’

Those legal hurdles are complex, as sports betting is currently outlawed in all but Nevada. For that to change, a federal statute passed in 1992, the Professional and Amateur Sports Protection Act (PASPA), would need to be repealed by Congress.

Pennsylvania is currently considering a massive gambling expansion packa (more…)

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Casino Developers Will Have to be Patient on Japanese Regulation, Says Analyst

Casino Developers Will Have to be Patient on Japanese Regulation, Says Analyst

Global casino operators are bending over backwards to get a piece of the future Japanese casino industry, but they may have to wait just a little bit longer.

Union Gaming Analyst Grant Govertsen believes Japan is unlikely to develop a framework of regulation for casino gaming until the fall and it will likely be an ‘October or November’ event.

The Japanese Diet passed its Integrated Resorts Promotion Bill in December, after years of mulling the issue, paving the way for the opening up of a market with the potential to become the second biggest in the world, after Macau. But Japan has not regulated casino gaming, not yet, at least.

The Integrated Resorts Bill was an enabler, giving the Diet a 12-month deadline to prepare a framework of regulation, which will lay down licensing requirements and measures to protect problem gamblers from using casinos.

No Movement in Spring

With the Diet’s ordinary session getting underway nice and early, on January 20, it was hoped that process would begin soon, but not so fast, says Union Gaming Analyst Grant Govertsen. There is unlikely to be any movement on regulation during the spring session, he said in a note this week.

‘Rather, we think the Diet has already made the decision to handle the IR bill during the fall special session, suggesting that it is more likely going to be an October or November event,’ Govertsen said.

Prime Minister Shinzo Abe’s ruling Liberal Dem (more…)

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Tricky Rock Seals Trump Taj Mahal Casino Buy amid No Download Free Pokies Global Impact Expansion Plans

Hence, the pokies games free Iberian Peninsula nation was presented with the right to veto any decision in regards to the Overseas that is british Territory. Intense Rock is just one of many big gambling names to have joined the battle for a place in Japan’s casino industry, some of the other being MGM Resorts International, Las vegas, nevada Sands, and Genting Group. In 2014, the casino and hotel complex was on the brink of bankruptcy.

Nevertheless, the construction of casinos outside Atlantic City had been voted against by state residents in a 2016 referendum. The UK Government introduced free pokies game said tax in belated 2014, requiring all UK-facing operators to comply with the new regime. In 2011, the company announced plans to build a casino in Atlantic City, but decided against it shortly after. His statement came following the EU permitted Spain to really have a say in the Overseas that is british Territory future relations with the bloc, after the UK’s exit is triggered.

Many think that Spain’s mindset is interpreted while the country’s brand new attempt to claim Gibraltar’s sovereignty. The territory is house to some major gambling operators and providers and if it will leave the bloc, it might face big dilemmas in relation of how remote gaming and wagering services will reach customers from all around Europe. Britain will securely help Gibraltar through the upcoming Brexit negotiations using the eu, Foreign Secretary Boris Johnson told media. Trump Taj Mahal free pokies games to download’s modern times of procedure were the opposite that is exact of glorious days.

It’s going to work jointly with Hong Kong designer Melco Overseas developing on the ambitious project. The second ceded the territory to Britain within the very early century that is 18th but has since that time tried to claim its sovereignty (more…)

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