Connect with us

Latest News

New York legislator to put forward a new online poker bill

Published

on

9-5 New York legislator to put forward a new online poker billReading Time: 1 minute

 

New York Representative Gary Pretlow Sr. has put forward a new online poker bill, with the intention of legalising online poker in the US state.

The New York Committee on Racing and Wagering has already cleared Bill A04924, which proposes plans to classify interactive poker as a game of skill rather than luck. The bill does not specify whether poker would be available via a computer, mobile or both.

The bill includes proposals for the New York State Gaming Commission to launch a licencing process that would be open to operators that already hold a licence to offer video lottery gaming and have some experience of interactive gaming.

The Commission would also consider applicants that hold a licence to operate a Class III gaming facility in the state, while licensed applicants would be able to form a partnership with another company to offer online poker. Licences would be issued no sooner than 180 days after regulation comes into effect.

However, in order to secure a licence, operators would need to pay a one-off fee of $10m (€8.8m), with each online poker licence running for 10 years.

Operators would also face privilege tax at a rate of 15 per cent on gross revenue from interactive gaming activities. This tax, as well any funds derived from penalties imposed by the Commission, would be paid into the New York state lottery fund.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New York legislator to put forward a new online poker bill

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

PointsBet Partners With Catfish Bend Casino in Iowa

Published

on

9-15 PointsBet Partners With Catfish Bend Casino in IowaReading Time: 1 minute

 

PointsBet, the top-tier sportsbook operator, has entered a multi-year partnership with Catfish Bend Casino, one of Iowa’s leading casino, entertainment, and hotel destinations.

The partnership will include the launch of both premium retail and mobile sportsbook operations in Iowa, following proper licensing afforded by the Iowa Racing and Gaming Commission. PointsBet and Catfish Bend Casino will work in tandem to build out a multi-faceted sports entertainment venue centrally located on the Catfish Bend property.

“PointsBet is thrilled to announce this partnership, enabling us to create a first-class sportsbook for Iowa’s sports bettors at one of the best casino resorts in the Midwest. Catfish Bend Casino’s executives – Gary Hoyer and Rob Higgins – are two of the most progressive and forward-thinking operators in the industry. We knew they were the perfect match for PointsBet’s long-term vision of gaming in the U.S. from day one,” Johnny Aitken, PointsBet’s U.S. CEO said.

“We couldn’t imagine a better sportsbook to bring to Catfish Bend Casino and the state of Iowa. The potential legalization of sports betting in Iowa opens an exciting new opportunity for recreational and avid players, and PointsBet’s unmatched dedication to bettors makes them the ideal partner for our brand and go-to-market plan,” Gary Hoyer, CEO of Great River Entertainment said.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PointsBet Partners With Catfish Bend Casino in Iowa

Continue Reading

Latest News

AMATIC Industries Reports Excellent FER in Madrid, Presents Roulette Grand Jeu

Published

on

8-16 AMATIC Industries Reports Excellent FER in Madrid, Presents Roulette Grand JeuReading Time: 1 minute

 

AMATIC Industries, an integrated supplier of premium gaming products, in collaboration with Comatel, has reported an excellent Fería International del Juego (FER) show in Madrid.

There was plenty to see as Comatel secured a large stand to house the AMATIC solutions. AMATIC Industries presented the latest Roulette Grand Jeu with the stylish, brand new Corona II overhead design that incorporates a large screen that can be viewed from both sides. This is an excellent way to portray the GO FOR GOLD bonus game which has been created especially for the Spanish market. Another highlight at the FER was the introduction of a further bonus game called LET’S PARTY.

Leopold Öller, Director at AMATIC Industries, summed up the response from the FER, stating, “It was a great opportunity to see our valued customers in Spain. Thanks to our unique partnership with Comatel our games have become extremely popular throughout the country. We are always focusing on bringing new innovations to strengthen our position here. We were able to do this in all areas – with our Corona II on the Roulette Grand Jeu, our new Amarox C24 Nero and new games for our Multiliner as well as the focus on our Landscape solution. We were very pleased with the response.”

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AMATIC Industries Reports Excellent FER in Madrid, Presents Roulette Grand Jeu

Continue Reading

Latest News

Delaware North Sues Miomni Gaming Over Fraudulent Claims

Published

on

7-16 Delaware North Sues Miomni Gaming Over Fraudulent ClaimsReading Time: 1 minute

 

Delaware North, the US based casino operator, has filed a lawsuit against its sports betting joint venture partner Miomni Gaming.

The operator is seeking monetary damages through the suit filed in the Chancery Court of Delaware, including Miomni’s 49% stake in the BetLucky joint venture, which the supplier is apparently refusing to give up. The joint venture was made to launch the BetLucky sports betting platform. Delaware North then terminated the contract earlier this month.

The operator claims Miomni made fraudulent claims to induce it to enter into a joint venture, as well as of wilfully breaching a limited liability company agreement governing the operation of BetLucky.

Delaware North claims that Miomni and chief executive Venner repeatedly claimed to own intellectual property rights to the platform, including the source code for the front end and back end of the platform.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Delaware North Sues Miomni Gaming Over Fraudulent Claims

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.