
Indiana may quickly allow racetracks to offer day-to-day fantasy sports games similar to those found at popular sites like FanDuel.
When sports betting became a hot key problem in New Jersey, some observers believed that other states couldn’t be far behind in efforts to legalize the practice.
Those predictions are beginning to bear fresh fruit, as you lawmaker in Indiana has introduced a bill that could allow for sports gambling into the state.
State Representative Alan Morrison Haute that is(R-Terre introduced two separate bills associated with sports gambling, both of which are of great interest to those following the legal issues on the market throughout the country.
First, House Bill 1073 would allow for recreations betting at casinos, racinos and off-track locations that are betting the state.
That bill, however, would require the Indiana Gaming Commission to determine that such gambling was allowed under federal legislation, meaning that they might closely watch the progress of New Jersey’s court battles to determine whatever they could and might not do.
The piece that is second of, understood as House Bill 1074, would enable the racetrack casinos to offer fantasy activities games.
The bill would allow for daily fantasy sports contests, a fast growing segment of the fantasy sports industry that would allow for fast-moving contests at the state’s racinos among other games.
Sports Betting Could Increase Gaming Profits
‘ Gaming is something that this continuing state became extremely reliant upon, that revenue,’ said Morrison. ‘As it’s been trending down, it’s incumbent upon us to work away just how to fix it or improve on exactly what we now have.’
While the fantasy activities bill could be fully implemented straight away, Morrison says that the sports law that is betting be a way to have a framework for taking bets set up whenever and if federal legislation changed, or if courts determined that states could control the practice.
‘then we’d be ahead of the game on that,’ Morrison said if we have it on the books, where it’s up to our Gaming Commission.
As the activities bill that is betting be more controversial (other legislators have questioned whether or not they want to expand gaming in the state, while the NCAA, which opposes activities gambling, is based in Indianapolis), Morrison believes their fantasy activities bill gets the better chance of passing.
The two biggest names in the daily fantasy sports industry if it did, local racinos would be competing against companies such as FanDuel and DraftKings.
Addititionally there is speculation that ESPN could try to produce its own day-to-day dream product in time for the 2015 NFL season.
Montana Daily Fantasy Sports that is also considering Legislation
Indiana isn’t the only state looking at legislation regarding day-to-day fantasy sports, either. Montana State Representative Forrest Mandeville (R-57th District) has introduced a bill that could clarify their state’s gaming laws to allow residents to play at the very least some day-to-day fantasy recreations games.
At the moment, Montana is one of only a few states that day-to-day fantasy web sites exclude from their games, largely since it uses a meaning of gambling that includes games with any element of chance, even if luck doesn’t play a role that is major.
The bill that is new specifically exclude fantasy sports games from the gambling definition, but would only include an exclusion for games with total fees of $100 or less.
That would mean that Montana residents would be excluded from high-stakes fantasy that is daily, but could play the many popular competitions on major fantasy sports web sites.
It’s likely that other states will look at day-to-day fantasy activities into the year that is coming well. While some officials might want to challenge the legality of the games, it seems that the lobbying is heaviest on the side of making such contests expressly legal within the few states where they’ve been questionable right now, including Washington, Arizona, Iowa and Louisiana.
Major Hollywood Stars: Scorsese, De Niro, DiCaprio and Pitt Team up for Casino film
First time together: De Niro, Scorsese and Dicaprio team up on James Packers film that is short promote Macau resort
Scorsese, De Niro, DiCaprio, and Pitt: it’s a collaboration to everywhere make film buffs snort into their popcorn.
This year; ‘The Audition’ has been produced by James Packer’s RatPac Entertainment to publicize Studio City, the casino mogul’s new gambling resort in Macau, scheduled to open sometime later year except that this movie is unlikely to be nominated for any oscars.
That means it would likely actually be probably the most high priced promo that is corporate made, although don’t quote us.
The movie shall be premiered at the opening of the $1.5 billion Studio City and certainly will be employed to ‘promote Melco-Crown’s expansion in Asia and globally.’
The trailer appeared shortly online this before apparently being removed by Time Warner for reasons known only to itself week.
If you missed it, the premise appears to be that De Niro and DiCaprio both turn up in Macau at the behest of Scorsese and then learn, to their respective horror, that they’re both auditioning for the same part. We are banking on hilarity ensuing.
However, with a script written by Terrence Winter, who penned The Wolf of Wall Street and created HBO series Boardwalk Empire, and Scorsese in the director’s chair, it is a project that demands to be taken really, despite its promotional nature.
Warm-up for Sinatra Venture?
It is also the time that is first DiCaprio and De Niro, both longstanding Scorsese collaborators, have appeared together in one of his films.
Scorsese fans have even speculated that it might be ‘warm-up’ for the Frank Sinatra biopic, which the manager, who appropriately enough directed Casino, has wanted to make for years.
RatPac Entertainment, Packer’s separate movie company, partnered with Pitt’s Plan B Entertainment to create The Audition, with Packer as Executive Producer.
Packer stated it’s his intention to ‘to bring together Western and Eastern tradition, through the creation of a worldwide entertainment brand.’
Packer are best known for being the boss of this Crown gambling empire but he’s no stranger to TV and film production; his father, Kerry Packer, was a media tycoon whom owned TV channels and papers, and Packer Junior is the executive that is former of Publishing and Broadcasting Limited and Consolidated Media Holdings, which operated media across a range of platforms.
Studio City Beset by Disputes
In December 2012, he formed RatPac Entertainment with filmmaker Brett Ratner which had an objective to create films that are independent co-producing blockbusters with major studios.
The year that is following RatPac, along with lovers Dune Entertainment, entered into a 75-film co-financing partnership with Warner Bros. Its first film, Gravity, took over US$100 million at the container workplace in its first five days won seven Academy Awards.
The Macao Studio City, meanwhile, would be the first resort in Asia to fully integrate tv and film production facilities, video gaming, retail and hotels.
The project initially expected to open during 2009 but is beset by disputes, with one major financial backer pulling out entirely.
Squabbling between Hong Kong and US investors saw construction cease totally before Melco-Crown stepped in to buy 60 percent of the development in 2011.
When it finally opens (we hope) later, the resort will include ‘a self-branded luxury hotel’ with 1,200 rooms to begin with and no more than 2,000 rooms for phase two, along with 290,000 square feet of retail area, and, we hope, a red carpet for DiCaprio, De Niro et al.
Liquidity Agreement Leads to Massive Level Of Traffic Increases in Nj-new Jersey
Thanks up to a liquidity sharing agreement with 888poker, WSOP.com is now New Jersey’s online poker site that is largest. (Image: 3nj.org)
Two online poker sites in New Jersey have seen their player pools increase dramatically in the past week, thanks to a liquidity sharing agreement that went into effect simply days earlier in the day.
The agreement that is new WSOP.com and 888poker.com share players for most cash that is low-stakes and some selected tournaments, and has bumped both web sites towards the top of New Jersey’s online poker market.
According to figures provided by PokerScout.com, WSOP.com in nj-new jersey is now the largest site into the state in terms of cash game traffic.
The site has averaged about 190 players at its cash game tables, or nearly a 50 percent increase over the traffic on the site before the player pool sharing began over the past seven days.
The change is a lot more dramatic on the All American Poker Network, additionally called 888poker.com.
Here, traffic is up more than 75 per cent over the week that is past with the web site now averaging about 170 players at its cash game tables.
Which means that both WSOP.com and 888poker.com have actually surpassed the Borgata/partypoker network in terms of traffic.
Both Sites Use Same Program, But Remain Independent
The merger was permitted by the undeniable fact that both web sites utilize software ladbrokes mobile sports betting casino and games given by 888 Holdings. At the moment, higher-stakes cash games and numerous tournaments are nevertheless segregated between your two sites.
However, some have speculated that this liquidity that is partial agreement could be a precursor to an entire networking of the two web sites.
Until that occurs, though, the two sites are still technically separate.
That means the PokerScout traffic numbers for the two sites could be a bit bloated, as players at low-stakes games will appear to be on both sites during the time that is same.
Still, it’s clear that the WSOP/888 partnership has more total players than partypoker/Borgata, at least in regards to their cash game traffic.
Liquidity Necessary to Sustain Poker Web Sites
Although the true number of players for an Internet gambling site may not seem noteworthy, it can actually be crucial to the success of online poker rooms.
Unlike other games like slot machines or blackjack, poker calls for players to compete keenly against each other.
Which means that without having a critical mass of players to keep games running, it could be hard to attract individuals to the tables.
In addition, bigger player pools mean larger prizes in tournaments, which could in turn attract more players, starting a positive feedback cycle for sites.
If the bump in traffic persist, it may help spark a recovery in New Jersey’s on-line poker market.
There has been a constant downward trend since Internet gambling was initially introduced in the state in late 2013; while online poker sites were bringing in $3 million or even more each month early in 2014, that total had dropped below $2 million in October.
You can find positive indications, however.
In December, monthly revenues increased for the time that is first four months, bouncing straight back above the $2 million mark.
Both partypoker and 888poker.com also have been using aggressive promotions in order to attract new players, and the Borgata Winter Poker Open should make more out-of-state through the entire rest of January.
Maybe most exciting of all of the, there is talk that PokerStars might be authorized for an online gambling license as soon as March, and hope that is many the online poker giant would generate recreational players that are familiar with the PokerStars brand.