Indiana Considers Sports Betting, Daily Fantasy Sports



Indiana may soon allow racetracks to offer daily fantasy sports games just like those found at popular internet sites like FanDuel.

When sports betting became a hot switch 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 one lawmaker in Indiana has introduced a bill that could allow for sports gambling in the state.

State Representative Alan Morrison (R-Terre Haute) has introduced two separate bills linked to recreations gambling, both of which are of interest to those following a legalities in the industry throughout the country.

First, House Bill 1073 would allow for recreations betting at gambling enterprises, racinos and off-track wagering locations throughout their state.

That bill, however, would require the Indiana Gaming Commission to ascertain that such betting was allowed under federal legislation, meaning that they could closely watch the progress of New Jersey’s court battles to determine whatever they could and could not do.

The 2nd piece of legislation, understood as home Bill 1074, would allow the racetrack casinos to offer fantasy activities games.

Among other games, the bill would allow for daily dream recreations contests, a fast growing segment associated with dream activities industry that would allow for fast-moving contests during the state’s racinos.

Sports Betting Could Increase Gaming Revenues

‘ Gaming is something which this state is becoming extremely reliant upon, that revenue,’ said Morrison. ‘As it’s been trending down, it is incumbent it or improve about what we’ve. upon us to determine how to fix’

While the fantasy sports bill could be fully implemented immediately, Morrison says that the sports betting legislation would be a method to really have a framework for taking bets set up when and when federal rules changed, or if courts determined that states could manage 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.

Because the activities gambling bill will be more controversial (other legislators have questioned whether or not they want to expand gaming in the state, while the NCAA, which opposes recreations betting, is based in Indianapolis), Morrison believes their fantasy activities bill has the better chance of passing.

If it did, local racinos will be competing against companies such as FanDuel and DraftKings, the two biggest names within the daily dream activities industry.

There is also speculation that ESPN could try to produce its own fantasy that is daily in time for the 2015 NFL season.

Montana Also Considering Daily Fantasy Sports Legislation

Indiana isn’t the only state looking at legislation regarding jugar en casino ladbrokes gratis sin registrarse day-to-day fantasy recreations, either. Montana State Representative Forrest Mandeville (R-57th District) has introduced a bill that would simplify the state’s video gaming guidelines to allow residents to play at the least some fantasy that is daily games.

At the moment, Montana is one of just a few states that day-to-day fantasy sites exclude from their games, largely as it uses a meaning of gambling that includes games with any element of chance, even if luck does not play a major role.

The new bill would specifically exclude fantasy sports games from the gambling definition, but would just include an exclusion for games with total costs of $100 or less.

That would mean that Montana residents would remain excluded from high-stakes fantasy that is daily, but could play the most popular competitions on major fantasy sports web sites.

It’s most likely that other states will look at daily dream recreations in the coming year as well. While some officials may choose to challenge the legality of the games, it seems that the lobbying is heaviest in the side of creating such contests expressly legal in the few states where they’ve been questionable at the moment, 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.

Meaning it may actually be probably the most high priced promo that is corporate made, although don’t quote us.

The film will be premiered at the opening of the $1.5 billion Studio City and can be employed to ‘promote Melco-Crown’s expansion in Asia and globally.’

The trailer appeared shortly online this week, before apparently being removed by Time Warner for reasons known only to itself.

If you missed it, the premise appears to be that De Niro and DiCaprio both turn up in Macau at the behest of Scorsese only to learn, to their respective horror, that they are both auditioning for the same component. We are banking on hilarity ensuing.

Nevertheless, with a script written by Terrence Winter, who penned The Wolf of Wall Street and created HBO series Boardwalk Empire, and Scorsese in the manager’s seat, it is a project that demands to be used seriously, despite its marketing nature.

Warm-up for Sinatra Project?

It is also the time that is first DiCaprio and De Niro, both longstanding Scorsese collaborators, have actually appeared together in one of their films.

Scorsese fans have even speculated that it may be ‘warm-up’ for the Frank Sinatra biopic, which the director, who appropriately enough directed Casino, has wished to make for years.

RatPac Entertainment, Packer’s separate movie company, partnered with Pitt’s Plan B Entertainment to produce The Audition, with Packer as Executive Producer.

Packer stated it is his intention to ‘to bring together Western and Eastern culture, through the creation of a worldwide entertainment brand.’

Packer can be best known for being the boss associated with the Crown gambling empire but he’s no stranger to TV and film manufacturing; his father, Kerry Packer, was a media tycoon whom owned TV stations and newspapers, 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 produce independent films while 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 box office in its very first five days won seven Academy Awards.

The Macao Studio City, meanwhile, could be the first resort in Asia to totally integrate television and film production facilities, gaming, retail and resorts.

The project initially expected to start in ’09 but was beset by disputes, with one major backer that is financial out completely.

Squabbling between Hong Kong and US investors saw construction cease totally before Melco-Crown stepped in to purchase 60 percent for the development in 2011.

With regards to finally opens (we hope) later, the resort will add ‘a self-branded luxury hotel’ with 1,200 rooms in the first place and no more than 2,000 rooms for phase two, along with 290,000 square feet of retail area, and, we hope, a red carpeting for DiCaprio, De Niro et al.

Liquidity Agreement Leads to Significant Level Of Traffic Increases in Nj

Thanks 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 actually seen their player pools increase dramatically in the past week, thanks to a liquidity sharing agreement that went into effect simply days earlier.

The new contract sees WSOP.com and 888poker.com share players for most cash that is low-stakes and some chosen tournaments, and has bumped both sites to your top of New Jersey’s online poker market.

According to numbers provided by PokerScout.com, WSOP.com in New Jersey is now the largest website within 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 was even more dramatic on the All American Poker Network, also referred to as 888poker.com.

Here, traffic is up more than 75 percent over the previous week, because of the web site now averaging about 170 players at its cash game tables.

Which means both WSOP.com and 888poker.com have surpassed the Borgata/partypoker network in terms of traffic.

Both Sites Use Same Software Program, But Remain Independent

The merger was authorized by the known proven fact that both web sites utilize pc software given by 888 Holdings. At the moment, higher-stakes cash games and numerous tournaments are nevertheless segregated between the two sites.

However, some have speculated that this partial liquidity sharing agreement could be a precursor to a complete networking of the 2 web sites.

Until that occurs, however, the two sites are nevertheless technically separate.

That implies that the PokerScout traffic numbers for the two sites might be a bit bloated, as players at low-stakes games will may actually be on both sites during the exact same time.

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 Sites

Whilst the true number of players for an Internet gambling site may not seem noteworthy, it can in fact be vital to the success of online poker rooms.

Unlike other games like slot machines or blackjack, poker requires players to vie against each other.

Which means that with out a critical mass of players to keep games running, it may be difficult to attract individuals to your tables.

In addition, larger player pools suggest larger prizes in tournaments, which could in turn attract more players, starting a feedback that is positive for sites.

If the bump in traffic persist, it may help spark a recovery in brand New Jersey’s internet poker market.

There has been a steady trend that is downward online gambling was first introduced into the state in late 2013; while online poker sites were bringing in $3 million or even more every month early in 2014, that total had dropped below $2 million in October.

You will find positive indications, however.

In December, monthly revenues increased for the time that is first four months, bouncing right back above the $2 million mark.

Both partypoker and 888poker.com have been using aggressive promotions in purchase to attract new players, and the Borgata Winter Poker Open should bring in more out-of-state through the entire rest of January.

Possibly most exciting of all, there is talk that PokerStars could possibly be approved for an online gambling license as quickly as March, and many hope that the online poker giant would bring in recreational players that are familiar utilizing the PokerStars brand.

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