Connect with us

Industry News

Lobbyists push Albany to pass sports gambling law

Published

on

Reading Time: 4 minutes

As expected after the recent US Supreme Court order that allows individual states to make decision on gambling legislation, lobbyists are pushing hard in Albany, to legalise sports gambling in New York.

Lobbyists, from casino companies to former Yankees manager Joe Girardi, flew down on the state Capitol Wednesday in an effort to push for legalising betting on pro and collegiate games. They want a law before the current legislature session ends in mid-June.

 “I think the law is coming so I think it’s important for New York to be on the forefront and get something passed … this session,” Girardi said after he and lobbyists for Major League Baseball left a closed-door meeting with Senate Republicans. Girardi then headed down to take photographs with a line of lawmakers from the Assembly.

The sports star power comes as the push intensifies to legalise sports gambling before the session ends on June 20 and, for some advocates, to ensure the form of wagering is in place in time for this year’s NFL season.

“It depends on what the members want to do,” Assembly Speaker Carl Heastie said a couple of hours before he joined Girardi outside his office for a photograph and brief chat.

As part of a casino expansion effort in 2013, New York already agreed to permit sports wagering at four new commercial casinos if the federal ban was ever lifted either by Congress or the federal courts. A number of states are already considering how they might legalise and regulate sports betting. Sports wagering at those casinos cannot happen until the state Gaming Commission issues regulations, and the Cuomo administration has not offered a timetable for that to occur.

The lobbying fight in New York includes a debate on whether to expand the 2013 authority beyond the four casinos – located in Seneca, Schenectady, Tioga and Sullivan counties – to other locations, such as off-track betting parlours and racetrack-based casinos. Mostly, though, advocates for the effort want to enable online sports wagering within the geographic boundaries of New York State, allowing gamblers to bet from their couch, office or even from the seats of a live pro or college game.

A bill has been introduced in the Senate to expand sports wagering to online platforms and to permit the state to regulate and tax the industry. Pro sports leagues, once sharply opposed to gambling on their products, are now working the halls of the state Capitol to ensure they get a slice of the revenues.

Sen. John Bonacic, a Republican who is sponsor of the Senate bill, said he believes the Legislature can pass a sports gambling bill before session ends on June 20. “The problem I see, if any, is the governor’s behaviour if the Legislature passes a sports betting bill,’’ said Bonacic, who is chairman of the Senate racing and wagering committee.

Gov. Andrew M. Cuomo has sought to slow down efforts to enact a law in June, saying the issue needs to be studied more and that there isn’t enough time before lawmakers end their session. “I know there’s enough time,” Bonacic said, noting the state enacted major gun control laws several years ago with about two days’ worth of talks.

Heastie said the issue has not yet been put before Assembly Democrats for a decision on whether to proceed with a sports gambling deal. Asked for his personal views, he said, “I’m not a big fan of gambling.’’ He did, however, vote for the 2013 casino bill, one of the state’s biggest-ever gambling expansion efforts.

Assemblyman Gary Pretlow, chairman of the Assembly racing and wagering committee, said he expects to introduce a sports gambling legalisation bill by sometime Wednesday. He said its language will be close to the Bonacic bill and with no major differences.

“Members keep telling me they want to do it,” Pretlow said of his fellow Assembly Democrats who control the 150-member chamber. “The Speaker may not be happy, but it’s for the good of the state,” he added.

Pretlow said his bill, like the Senate one, will permit online sports gambling in New York. “That’s where life is now,’’ he said of online betting authorisation as opposed to requiring gamblers to travel to a specific facility to wager on a sports contest.

One issue he said still needs to be resolved is how to put some sort of time restriction on what are called “in-game” wagers done via the internet. Besides betting on a game’s outcome, there is a vast array of potential sports gambling wagers, such as whether a certain player will hit a home run or make a touchdown reception at a certain point in a contest. Pretlow said he wants a provision to cut off bets, for instance, five minutes before the outcome of a certain kind of in-game wager.

“The time is definitely now. If we don’t get this done now, we won’t be able to do it until next year. It’s a six-month loss of revenue. As my old grammar school proverb says, ‘strike while the iron is hot,’ and this is the time to do it,’’ Pretlow said.

Girardi said he was in Albany to encourage the Legislature to pass a law “that basically protects the integrity of the game.”

How might that be done specifically in a sports gambling bill, he was asked. “I wouldn’t know where to begin … It’s for them to work it out,’’ he said of the pro sports leagues, casinos and lawmakers.

After this week, the Legislature has two weeks left in its session. Speculation of an early departure by lawmakers was rejected by leaders in both houses on Wednesday. The odds of a sports gambling bill passing before June 20 were uncertain Tuesday, though at this point two years ago many insiders were predicting a non-start to another gambling expansion effort: legalisation of daily fantasy sports. The measure passed well after midnight in the closing hours of the 2016 session.

Source: Buffalonews.com

Source: European Gaming Media and Events

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Industry News

Aristocrat Licenses Hit TV Show “Billions” for New Slot Game to Premiere at G2E 2018

Published

on

By

Reading Time: 3 minutes

 

Billions™ Slot Game Showing in Booth #1141

The high stakes world of the hit SHOWTIME® TV show Billions will soon be coming to casinos, thanks to a licensing agreement between Aristocrat, CBS Consumer Products, and Showtime Networks.

Aristocrat’s new Billions™ Slot Game will make its premiere in booth #1141 at the upcoming Global Gaming Expo (G2E) in Las Vegas.

“Engaging and edgy shows like Billions are incredibly fun for our design teams to work with and fuel our passion to create entertaining games for our customers and their players,” said Siobhan Lane, Senior Vice President, Marketing and Gaming Operations from Aristocrat. “The CBS Consumer Products and Showtime Networks teams have been inspiring to work with, and we are very excited to present the new Billions Slot Game at G2E 2018.”

Now in production on its fourth season, Billions stars Oscar® nominee and Emmy® and Golden Globe® winner Paul Giamatti as U.S. Attorney Chuck Rhoades and Emmy and Golden Globe winner Damian Lewis as hedge fund king Bobby “Axe” Axelrod. Billions is a complex, highly engaging drama that tells the timely and provocative story of these two powerful New York figures.

The Billions Slot Game is based on Season 1 and 2, which includes fans’ favorite characters such as Chuck RhoadesBobby AxelrodWendy RhoadesLara Axelrod, and Taylor Mason. Adding to the fun, the game will include the popular Mighty Cash™ feature, as well as a $500,000 multi-site progressive start-up jackpot.

The game appears on Aristocrat’s revolutionary flame55™ cabinet. The flame55 is complete with a 55″ double-curved HD monitor – the largest portrait double-curved display in the non-jumbo segment – ergonomic engineering, 4k-capable display, 2.1 stereo audio, individually controlled dynamic infinity edge LED lighting, a virtual button deck, and an exclusive beacon sign package.

About Aristocrat
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a leading global provider of land-based and online gaming solutions. The Company is licensed by more than 200 regulators and its products and services are available in more than 90 countries around the world. Aristocrat offers a diverse range of products and services including electronic gaming machines and casino management systems. For further information, visit the company’s website at www.aristocrat-us.com.

About CBS Consumer Products
CBS Consumer Products manages worldwide licensing and merchandising for a diverse slate of television brands and series from CBS, CBS Television Studios and CBS Television Distribution, as well as from the company’s extensive library of titles, Showtime and CBS Films. Additionally, the group oversees online sales of programming merchandise. For more information, visit www.cbsconsumerproducts.com.

About SHOWTIME
Showtime Networks Inc. (SNI), a wholly-owned subsidiary of CBS Corporation, owns and operates the premium television networks SHOWTIME®, THE MOVIE CHANNEL™ and FLIX®, and also offers SHOWTIME ON DEMAND®, THE MOVIE CHANNEL™ ON DEMAND and FLIX ON DEMAND®, and the network’s authentication service SHOWTIME ANYTIME®. Showtime Digital Inc., a wholly-owned subsidiary of SNI, operates the stand-alone streaming service SHOWTIME®. SHOWTIME is currently available to subscribers via cable, DBS and telco providers, and as a stand-alone streaming service through Amazon, Apple®, Google, LG Smart TVs, Oculus Go, Roku®, Samsung and Xbox One. Consumers can also subscribe to SHOWTIME via Amazon’s Prime Video Channels, DirecTV Now, FuboTV, Hulu, Sling TV, Sony PlayStation™ Vue, and YouTube TV or on Showtime.com. SNI also manages Smithsonian Networks™, a joint venture between SNI and the Smithsonian Institution, which offers Smithsonian Channel™, and offers Smithsonian Earth™ through SN Digital LLC. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV. For more information, go to www.SHO.com.

Aristocrat Contact:
Paul Speirs-Hernandez, Steinbeck Communications
paul@steinbeckcommunications.com

Source: Latest News at European Gaming Media

Continue Reading

Industry News

Industry Leading Race & Sports SuperBook® Set For Expansion Outside Nevada

Published

on

By

Reading Time: 2 minutes

 

Nevada’s premier sports book will set the standard for legalized sports betting in the United States

The largest and most successful sports book in America – the SuperBook® at the Westgate Las Vegas Resort & Casino, is set to expand its gaming platform across the United States. With its best-in-class technology, customer service, and wagering options, the SuperBook® brand will guide the industry forward as more states make sports betting part of their gaming and hospitality offerings.

The expansion comes via a partnership between SuperBook® licensor Westgate Resorts and Paragon Gaming, operator of casino and resort operations for Westgate’s 3000-room luxury casino hotel in Las Vegas that brings white label sportsbook solutions to new markets.

“The SuperBook® brand has been the leader of the sports book industry for more than 30 years,” says Diana Bennett, CEO for Paragon Gaming. “Gaming regulators across the country will now have a trusted partner as they move forward, and casino operators will be able to draw on the experience and expertise that has made SuperBook® the benchmark for sports betting.”

Famous for its 360-degree experience, highlighted by the largest indoor TV in the world – a 220-foot long 4K video wall at Westgate Las Vegas, the SuperBook® brand delivers the largest race and sports wagering menu in Nevada, and continues to lead the evolution of sports betting processes and applications. Its successful rollout of the Westgate SuperBook® App has already seamlessly delivered this wagering menu to the hands of thousands of fans.

“This is the natural next step in the evolution of our industry,” says SuperBook® Executive Vice President of Race & Sports Book Operations Jay Kornegay. “We have maintained the highest levels of technology and service in a highly-regulated industry. We have written the playbook, and now we will put it in action across the national field.”

“We are excited to know that our investment in the SuperBook® has been extremely successful and this venture is now prepared to expand nationwide,” adds David Siegel, Westgate Resorts Founder, President and CEO. “We look forward to the future success of our SuperBook® brand at locations across the nation as it continues to grow and set new standards for the sports betting landscape.”

Future SuperBook® sites, turnkey sportsbook products, and gaming partners will be announced at later dates. Fans can follow SuperBook® for updates on FacebookTwitter, and Instagram.

Source: Latest News at European Gaming Media

Continue Reading

Industry News

CashBet appoints Ed Brennan as Company President

Published

on

By

Reading Time: 2 minutes

 

iGaming platform provider CashBet has moved to bolster its senior team by installing advisory board member Ed Brennan as company President.

Ed Brennan will lead CashBet in the next period of its development, following one of the world’s largest casino gaming ICOs, with the goal of establishing it as the leading blockchain-powered platform.

He brings a wealth of experience to the position after 25 years in the internet, software, hardware and financial services industries, working with a host of Fortune 500 companies such as Merrill Lynch, Seagate, Adobe, Microsoft and NexTag.

Commenting on his appointment, Brennan said: “I have enjoyed serving as an advisor to CashBet and am confident that my understanding of the business and its position in the iGaming market will help me step up to this new position as we look to grow even further.”

Even with the unforeseen challenges presented by the crypto bear market, CashBet has never been in a better position to achieve its full potential. I am honoured to begin serving as the company’s new President with guidance from the Board.”

Brennan’s appointment follows the Board of Director’s decision to begin search for a new CEO to replace Co-founder Mike Reaves.

Reaves co-founded CashBet in 2012 following a long career in online gambling. The platform he helped create is designed to encapsulate everything an operator needs to run a modern iGaming business.

Over the past five years, it has developed patented technologies and built the world’s first-crypto enabled iGaming platform, as well as becoming the first cryptocurrency partner in English Premier League history when it agreed to sponsor Arsenal Football Club.

 

About CashBet

CashBet is a leading mobile-first iGaming platform provider and turnkey operator. CashBet’s platform empowers real-money, social, and skill-based gaming apps and websites worldwide. By integrating CashBet’s software, game developers can legally launch online gambling games without needing to be licensed. With CashBet’s feature-rich platform, operators gain access to player segmentation, bonusing, campaign management, and other patent-pending features to enable a profitable iGaming operation from day one. CashBet is licensed by the Alderney Gambling Control Commission and the UK Gambling Commission. For more information, please visit www.cashbet.com.

Source: Latest News at European Gaming Media

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Trending