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Lobbyists push Albany to pass sports gambling law

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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

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Sports betting and Online Casino operator Betzest™ goes live with Rabcat™ casino games

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Online Casino Betzest™ has increased its offering by entering into a new partnership with Austrian slot provider Rabcat.

The agreement comprises Rabcat full collection of casino games, including highly innovative and entertaining online slots such as Castle Builder, River of Riches, Dragon’s Myth, Penguin Splash, Forsaken Kingdom: The Path of Valor, Castle Builder 2 and Moby Dick.

Online casino and sports betting operator Betzest is experiencing massive growth since its launch in 2018 and its portfolio now boasts over 1600 premium online slots.

After a number of major Top Casino provider’s launches over the past few months, this new partnership represents another milestone in Betzest™ rapid expansion. The company is looking forward to even more strategic collaborations with Top game providers already by the end of 2019.

Marius Filip, Founder/CMO at Betzest, said: “After the launch of twelve new top game providers since the beginning of 2019, I am proud to announce that we now concluded Rabcat Casino provider to join the Betzest platform. Rabcat games embodies what Betzest Casino is all about and matches our profile perfectly.

We are always looking to improve the Betzest™ Casino product for our players and we trust that their highly innovative and entertaining slot games will play an important part in making Betzest™ this year’s leading casino operator.

We’ve had an extremely fruitful 2019 already, with a remarkable collection of world-class casino providers on the way, I’m certain the best is yet to come.”

About Betzest:

Betzest is one of Europe’s leading and most distinctive online betting and casino company offering unrivalled sports betting and casino games experience. Betzest also offers Live Betting, Live Casino and Virtual Sports services. Betzest has gone from strength to strength in previous months and continues to dominate the online gambling industry with its robust and multi-functional online sports betting & casino company. Today Betzest has more than 50 employees across four offices all committed to delivering amazing player experiences on each of their verticals, partnering with top providers of only the highest quality.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Sports betting and Online Casino operator Betzest™ goes live with Rabcat™ casino games

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bwin to Quit from Russian Sports Betting Market

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bwin to Quit from Russian Sports Betting MarketReading Time: 1 minute

 

Sports betting brand Bwin is going to quit from Russia’s online gambling market, as its parent company, A&NN Investments, is looking to unload its license in the country.

The license is held by Digital Betting LLC, which operates online in Russia using the Bwin.ru domain through a joint venture with UK-listed GVC Holdings. Bwin.ru is a joint venture of GVC and A&NN, which is owned by Russian billionaire Alexander Mamut, who also controls digital media firm Rambler.

A source for the website claimed that Digital Betting’s license may be transferred to a division of payment processing outfit Qiwi, which handles transactions for multiple Russian-licensed bookmakers. Qiwi has denied this report. Other sources claimed that The Stars Group (TSG) is in the running to acquire Digital Betting’s license.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: bwin to Quit from Russian Sports Betting Market

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Playtech Partners with GVC to Launch Elevation

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Playtech has partnered with GVC Holdings to launch a brand new dedicated live casino studio, Elevation. The live casino studio will launch in stages over the next two months, backed by a major marketing campaign and will initially feature five Blackjack tables and a Roulette wheel studio.

“As the parent company behind some of the most iconic brands in online gambling, GVC has been a key partner for us for many years, and we’re delighted to be extending that partnership with the development of Elevation. We’ve significantly invested in our Live Casino technology and facilities in recent years, in addition to continually diversifying our content – so in a year when we’ve done more than ever to enhance our product, it seems only fitting to be working with an industry leader to deliver an ever-more innovative live experience,” Shimon Akad, COO of Playtech.

“Live Casino is one of the major growth areas in the online gambling market, with players looking for a more immersive, entertainment-driven experience. Significant investment has gone into delivering the first stage of the Elevation studio and we’re delighted with the results. Playtech’s track record and experience in delivering innovative Live Casino technology and content is unsurpassed. We’re looking forward to continuing our successful partnership and delivering a world-class player experience,” Shay Segev, COO of GVC said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Playtech Partners with GVC to Launch Elevation

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