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Online gambling can be good for Pa., but put players first Unfortunately, Pennsylvanians have seen this game play out before. State lawmakers, desperate to stave off financial problems, look at ways to raise money without angering taxpayers too much. Leaders of both parties dig in. Big ideas with far-reaching impact gain attention. With budget deadlines rapidly approaching — if not long ago broken — the pressure builds to do something, anything. Source: triblive Website
Fantasy sports gambling is illegal under state law Since news of alleged “insider trading” at DraftKings broke last month, media attention focusing on daily fantasy sports has been nearly as pervasive as the fledgling industry’s unrelenting advertising. The scandal brought about a near-universal call for regulation of paid daily fantasy sports but, increasingly, questions have been raised as to whether these businesses are illegal.
Attorney General Maura Healey, whose office reportedly entertained a legal presentation by DraftKings, quickly concluded that there are no state or federal laws that prohibit daily fantasy sports sites from operating in Massachusetts. Source: bostonglobe Website
Former Isle of Capri casino barge towed away from Natchez The former Isle of Capri casino barge has left its docking place in Natchez. The Natchez Democrat reports that the barge, which hosted the gambling hall until it closed last month, was towed upriver Friday while a small crowd observed its exit. The replica of a riverboat has sat dockside in Natchez for decades. The casino was first owned by Lady Luck Corp., and then by St. Louis-based Isle of Capri since 2000. However, a Magnolia Bluffs Casino opened in 2012, cutting into Isle of Capri's revenue. Source: kalb Website
'Soft' gambling at bingo events supports good causes The Horse Race, Fish Head, Gold Bonus, and Blue Jays. These are some of the instant games that lure players to the weekly bingo games at the Athens Elks Club and Nelsonville-York Elementary School, where gambling helps groups help others. “They just love to gamble with these tickets,” said Anna Tenney, who runs the program on Thursday nights at the Elks. The traditional bingo game starts at 7 p.m. but the doors open at 5 p.m. so folks can play the instant games. Source: athensnews Website
Plainridge Park Casino Generates $12.9 Million in October The Massachusetts Gaming Commission posted on Monday information about the financial performance of Plainridge Park Casino in October. The state’s first licensed gambling venue generated gross gaming revenue of $12.9 million last month. Under the Massachusetts gambling regulations, the slots parlor has to pay a 49% tax on its gaming revenue to the state. Of those, 82% go for local aid and 18% go to the state’s Race Horse Development Fund. Last month, the amount of $5.2 million was contributed to local aid initiatives and $1.2 million went to the organization supporting the Massachusetts’ horse racing industry. Source: casinonewsdaily Website


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