DFS regulation for Nevada: Sheldon Adelson is anti-online gambling, but their Las Vegas Review-Journal newsprint wants Nevada lawmakers to regulate daily fantasy recreations on the Internet.
Daily fantasy sports (DFS) is getting more talk time these days compared to the Kardashians. Now an editorial with no specific writer attribution in the Las Vegas Review-Journal (LVRJ) has jumped in the bandwagon, calling for a regulatory framework become founded by Nevada lawmakers.
DFS had been recently deemed to be unlawful by the state’s attorney general, Adam Laxalt, and after that the Nevada Gaming Control Board issued cease-and-desist letters to the 2 industry leaders, DraftKings and FanDuel.
DraftKings had been a major and noticeable World Series of Poker sponsor for 2015 before the ruling and subsequent action.
‘Nevada should not lag behind … in terms of taking action on this appearing industry. There is absolutely no reason any other state should jump in front of Nevada when it comes to dealing using this issue,’ the Thursday LVRJ editorial opined.
‘Nevada is known as the ‘gold standard’ for gambling regulation in the us, along with good reason. Its way of regulation embraces new technology and innovation, while ensuring fair games and protecting the legal rights of players,’ the piece concluded.
The op-ed is more interesting just because a major casino industry player recently purchased the principal Las Vegas newspaper.
In December, a buyer that is secret later determined to be the one and only Las Vegas Sands Chairman Sheldon Adelson. The billionaire reportedly paid $140 million via a subsidiary company to get the most-circulated daily in Nevada, a cost that has been said at the time to be substantially over market asking.
Much speculation about how exactly much influence the anti-online gambling champ could have on the news content implemented, but real stories have already been, thus far at least, seemingly free of his opinion that anything to do with online gaming is the antichrist. This op-ed would simply be the example that is latest.
No Love for Online Casinos from Adelson
Adelson has become a divisive figure in the global gambling industry, and is known domestically for their robust spending in supporting conservative causes, as well as backing Republican prospects. He’s also notorious if you are the lead antagonist in the web gambling drama.
Adelson has said he’ll spend ‘whatever it will take’ to avoid the expansion of Internet gambling, and that’s why the LVRJ publishing an opinion to legalize DFS operators like DraftKings and FanDuel is quite significant.
Proponents of DFS argue that the contests are not gambling, but games of ability, claiming there is a skill that is large needed to succeed. But the LVRJ noted that Control Board Chairman A.G. Burnett’s memo towards the two DFS operators to stop running internet sites in Nevada was based on the view that the platforms resemble sports betting.
The major DFS sites do not agree to no one’s surprise.
‘a disagrees, saying its players are engaging in a game of ability. But the greatest fantasy that is daily websites stopped doing business here, out of deference to the state ruling,’ the LVRJ declared.
Utilizing kind space to issue a view supporting any as a type of Internet betting could be seen as a slap that is small the face to the newspaper’s boss.
Along the way to creating his $30 billion empire, Adelson’s made plenty of enemies. His newest opponents include particular employees at the LVRJ.
Following the revelation that it was indeed the nevada Sands CEO behind the news company’s takeover, an editor that is new publisher had been hastily introduced to run news coverage. Coverage within the LVRJ had taken note within the past of Adelson’s sometimes vicious business approach, which has generated a sense of unease in the newsroom.
Of course the news to date has seemed untouched by the arm that is long of, some outside news sources contend that might not last too much longer.
Writing on Politico, contributing writer Ken Doctor asserts, ‘Sources tell me, stories involving new owner Sheldon Adelson are being reviewed, changed or killed just about every day. The newsroom is abuzz with word of an inventory of a half a dozen roughly journalists whose work has rubbed Adelson the way that is wrong the years, and whom may soon be targeted for departure in exactly what one insider describes as a ‘house-cleaning.”
Bridge Over Troubled Waters as Thai Gambling Crackdown Snares 32 Foreign Senior Citizens
Bridge Vice Den: a bridge club in Pataya, Thailand, was raided on Wednesday. Players, all citizens that are senior were faced with the crime of ‘possessing too many playing cards.’ (Image: telegraph.co.uk)
The Thai military junta that seized power from the democratically elected government in 2014 has been unswerving in its crackdown on illegal gambling, which, in Thailand, is all gambling.
But while that may mean actually betting on something to you and me personally, the Thai definition of ‘gambling’ evidently extends to owning such a thing which could ever potentially be used to gamble, for it or not at the time of apprehension whether it is being for used.
And that’s how the latest unlikely demographic to feel the brunt of the junta’s authoritarian zeal ended up being group of retired bridge players.
After a ‘tip down,’ 50 police and army officers stormed a connection club into the beach resort of Pattaya, 100 miles north of Bankok, on February 3rd, arresting all 32 players, an organization of mainly septuagenarian ex-pats that are european.
Too Many cards that are playing
Into the lack of anything really juicy going on, the players had been faced with ‘possessing too many playing cards,’ on the basis of a 1935 Thai law that forbids any one individual from carrying over 120 playing cards. Another fee apparently related to some of the decks of cards lacking the official government seal of approval in it.
Great britain’s Guardian newspaper beat everyone else to the punch by talking about these as ‘trumped up charges.’
Nevertheless, 26 people were detained overnight, including an 84-year-old Dutch woman and the so-called ringleader of the group, 74-year-old Jeremy Watson, ahead of the president associated with Thai bridge league, Chodchoy Sophonpanich, had been able to intercede to secure their launch. It’s always about connections in these high-profile situations, isn’t it?
Chodchoy, whom is an associate of Thailand’s most banking that is prominent, emphasized that bridge may be played without federal government permission under an amendment towards the Gambling Law of 1960, provided money will not change fingers.
She also reminded authorities that bridge will be one for the competitions in the 2017 Southeast Games that is asian in and also the 2018 Asian Games in Indonesia.
A Bridge Too Far
But the statutory legislation was not to ever be therefore easily deterred from justice, as Police Colonel Suthat Poompanmuang, chief of Pattaya police, begged to differ.
‘It is the same case as snooker club [a game similar to billiards) or association [which needs a license],’ he told the neighborhood press. ‘They played sports but they played at an incorrect, unlicensed spot. The club was not registered. There was no license in order for them to establish the club at the accepted place.’
Don’t mess with Officer Poompanmuang is what we take away from this.
Suthat said that although the senior citizens are not likely to be charged with illegal gambling, they will probably be charged with ‘organizing card-playing without permission,’ although he admitted the Pattaya PD (whom apparently have large amount of time on the hands) was still ‘mulling’ it.
All 32 posted bail, which was set at 5,000 baht ($140) each, added Suthat.
‘It’s ridiculous,’ A american ex-pat, perhaps not considered to be https://casino-online-australia.net/club-player-casino-review/ an element of the group, told the local press. ‘It appeared like the police tried to kill the part that is only of’s economy [that is] still healthier. That is the worse [sic] sign you can deliver towards the global world community and tourists.’
Virginia Warm Up to Legal Day-to-day Fantasy Sports
Virginia Attorney General Mark Herring hasn’t revealed his stance on daily fantasy sports, but some lawmakers in the commonwealth are hoping to land his help. (Image: nbc12.com)
Yes, Virginia, there really is legal daily fantasy sports (DFS) and it could be coming your way soon. And if legalization for the pastime that is popular happen, you’ll be the initial US state to accomplish so.
On Tuesday, a subcommittee in Virginia’s State home unanimously authorized HB775, a bill that would regulate DFS and officially declare that wagering on such contests does not constitute online that is illegal gambling.
Introduced by non-voting House of Representatives Delegate Jackson Miller (R-District 50) in mid-January, the legislation, additionally known as the Fantasy Contests Act, would require DFS operators like DraftKings and FanDuel to each pay a yearly registration charge of $50,000. Those funds is utilized for administrative costs to perform audits associated with the gaming platforms and monitor their solutions for violations of the legislation’s mandates.
‘Over a million Virginians play these,’ Miller told the Richmond Times-Dispatch last month. ‘And I do have issues about people planning to just come in and shut the concept down.’
Win for DFS
Miller’s proposal happens to be headed for further approval by the homely House Committee on Appropriations. Should it receive that committee’s recommendation, it would make its way to the General Assembly floor. Meanwhile, State Senator Ryan McDougle (R-District 4) has also introduced a friend bill to HB775 that is identical in text.
The actions in Virginia are certainly a new development after months of legal wrestling with numerous state attorneys general around the country.
Any additional gaming taxes will be applied has not yet been clarified whether or at what rate.
State of the Industry
A tour of daily dream recreations issues across the national country shows exactly how badly a victory is needed for DFS operators. As states continue steadily to ban online fantasy sports, DraftKings and FanDuel are no question hoping Virginia will set a new and more hospitable precedent.
Nevada: After Nevada Attorney General Adam Laxalt’s ruling that DFS is illegal without operators first obtaining gaming licenses, the state’s Gaming Commission issued a cease-and-desist notice to DraftKings and FanDuel in the Silver State.
New York: After his very own investigation, New York Attorney General Eric Schneiderman went for a news trip denouncing the industry as unlawful gaming and accused DraftKings and FanDuel of using deceptive advertising techniques. Schneiderman wishes DFS out of the Empire State, but an appellate court ruled DFS must first have its day in court.
Illinois: Illinois Attorney General Lisa Madigan quickly followed Schneiderman’s lead, though she didn’t go quite because far in ordering the operators away from the state.
Texas: State Attorney General Ken Paxton joined the movement to block DFS in late January. Paxton cited the overall game’s element of chance as reason to label the contests as gambling.
Mississippi: The 5th state attorney general to decry DFS, Mississippi’s lead legal authority Jim Hood recently circulated an opinion that the contests are certainly gambling and for that reason illegal.
The general consensus among attorneys general that have opined on the industry favors its outlawing while a handful of states have introduced legislation to permit DFS. Virginia State Attorney General Mark Herring hasn’t weighed in on DFS yet, but an issuance of help will be a critical development for DraftKings and FanDuel’s future there.