AGA Says Federal Sports Betting Framework a “Non-Starter”
The American Gaming Association has warned Senator Chuck Schumer that his new proposals for a federal sports betting framework in the US are “a non-starter” despite several top sports organizations having come out in support of the US Senate Minority Leader’s efforts. Schumer became the latest member of Congress to submit suggestions for a federal sports betting framework, with states so far having adopted their own legislative approaches to sports betting after PASPA, the federal law banning sports betting, was overturned in May. “With the Supreme Court’s ruling, it’s incumbent on the federal government to take a leadership role and…
Federal Sports Betting Regulations Proposed in US Senate
Senate Minority Leader Chuck Schumer (D-N.Y.) became the latest member of Congress to put forth specific suggestions for Federal sports betting regulations in a memo first provided to ESPN. Schumer’s suggestions include the idea that all sports books only use official league data to determine outcomes and that the sports leagues themselves should be involved in determining what bets would be accepted. Schumer also suggested leagues would have to reasonably step up monitoring, but did not mention so-called “integrity fees,” the idea that leagues should be paid a portion of bets on their sport as compensation for ratcheting up security…
Treasure Island Poker Room Closed
Poker players will have one less option in Las Vegas, Nevada as casino officials have confirmed to USPoker that the Treasure Island poker room has closed. Offering cash games and regular tournaments, the Treasure Island featured seven tables and spread no-limit hold’em, limit hold’em, and mixed games. There had been rumors in recents days on social media about the rooms closing, but officials with the company released the following statement on Tuesday. The casino closed the Treasure Island poker room officially on Tuesday and removed the poker section from its website. Casino management haven’t decided what will replace the poker…
West Virginia Sports Betting Launches
West Virginia sports betting has become the latest launch of the legalized activity, with a local politician stating its law can be a model for others to follow in the United States. The official opening ceremony for the sports book at Hollywood Casino at Charles Town Races in Jefferson County is set for Saturday, to time with the start of the college American football season, but a soft opening was made yesterday (Thursday). “We have really done it right in this state and certainly Pennsylvania and others, if it’s going to be successful in their states, they need to look…
Texas Fantasy Sports Are Back
FanDuel has addressed one of the company’s biggest disadvantages in the ongoing battle against DraftKings by returning to the Texas fantasy sports market. Texas no longer appears on FanDuel’s list of blocked states. Users on Rotogrinders have also reported being able to access FanDuel from Texas. A FanDuel representative confirmed the decision via email to Legal Sports Report. “Considering a variety of factors related to the operation of daily fantasy sports in Texas, we have re-entered the market, while the issue is being resolved by the state.”, they said said. FanDuel’s decision effectively evens the competitive map for daily fantasy…
Parx Sports Betting Application Second in Pennsylvania
A week after Penn National Gaming submitted the first petition to operate a sports book in Pennsylvania, Parx sports betting moved closer to reality with their own application. The Pennsylvania Gaming Control Board said Monday that Greenwood Gaming and Entertainment filed two petitions at the close of business on Friday to offer sports betting at the Parx Casino in Bensalem and at its South Philadelphia Turf Club, an off-track betting parlor in Philadelphia. Penn National filed one on Aug. 17 for Hollywood Casino at Penn National Race Course in East Hanover Township. Pennsylvania casino owners can pay $10 million to…
