Indiana may quickly allow racetracks to offer daily fantasy sports games just like those found at popular web sites like FanDuel.
When sports betting became a button that is hot 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 good fresh fruit, as one lawmaker in Indiana has introduced a bill that could allow for sports betting into the state.
State Representative Alan Morrison Haute that is(R-Terre introduced two separate bills associated with activities gambling, both of which are of great interest to those following a legalities in the market throughout the nation.
First, House Bill 1073 would allow for sports betting at casinos, racinos and off-track locations that are betting their state.
That bill, however, would require the Indiana Gaming Commission to ascertain that such gambling was allowed under federal legislation, meaning that they may closely watch the progress of New Jersey’s court battles to determine whatever they could and could not do.
The 2nd piece of legislation, known as home Bill 1074, would allow the racetrack casinos to supply fantasy sports games.
Among other games, the bill would enable for day-to-day dream recreations contests, a fast growing segment of this fantasy activities industry that could enable fast-moving contests during the state’s racinos.
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 is incumbent upon us to figure away how to fix it or improve on exactly what we now have.’
While the fantasy recreations bill could be fully implemented immediately, Morrison says that the sports law that is betting be a way to really have a framework when planning on taking bets in position whenever and when federal rules changed, or if courts determined that states could control the practice.
‘If we have it on the books, where it is up to our Gaming Commission, then we would be in front of the game on that,’ Morrison said.
As the sports wagering bill will be more controversial (other legislators have questioned whether or not they want to expand video gaming in the state, therefore the NCAA, which opposes sports gambling, is based in Indianapolis), Morrison believes their fantasy sports bill has the better chance of passing.
If it did, local racinos will be contending against companies such as FanDuel and DraftKings, the two biggest names into the daily fantasy recreations industry.
Addititionally there is speculation that ESPN could try to produce its own day-to-day fantasy product in time for the 2015 NFL season.
Montana Also Considering Daily Fantasy Sports Legislation
Indiana isn’t the state that is only at legislation associated with day-to-day fantasy recreations, either. Montana State Representative Forrest Mandeville (R-57th District) has introduced a bill that would simplify their state’s gaming laws to allow residents to play at least some daily fantasy recreations games.
At the moment, Montana is one of just a few states that daily fantasy internet sites exclude from their games, largely because it uses a meaning of gambling that includes games with any element of chance, even if luck does not play a major role.
The bill that is new especially exclude fantasy sports games from the gambling meaning, but would just consist of an exclusion for games with total costs 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 contests on major dream sports sites.
It’s most likely that other states will look at day-to-day fantasy sports 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 on the side of earning such contests expressly legal in the few states where they truly are questionable at this time, including Washington, Arizona, Iowa and Louisiana.
Major Hollywood Stars: Scorsese, De Niro, DiCaprio and Pitt Team up for Casino Movie
Very first time together: De Niro ladbrokes casino online, 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 make film buffs everywhere 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 could actually be the absolute most high priced business promo ever made, although don’t quote us.
The movie shall be premiered at the opening of the $1.5 billion Studio City and will be employed to ‘promote Melco-Crown’s expansion in Asia and globally.’
The trailer appeared briefly online this week, before apparently being removed by Time Warner for reasons known only to itself.
That they are both auditioning for the same part 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. We are banking on hilarity ensuing.
But, 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, this is often a project that demands to seriously be taken, despite its promotional nature.
Warm-up for Sinatra Venture?
It’s also the very first time that DiCaprio and De Niro, both longstanding Scorsese collaborators, have 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 manager, whom 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 produce The Audition, with Packer as Executive Producer.
Packer said it’s his intention to ‘to bring together Western and Eastern tradition, through the creation of a global entertainment brand.’
Packer are best known for being the boss for the Crown gambling empire but he’s no stranger to TV and film production; his father, Kerry Packer, was a media tycoon whom owned TV stations and papers, and Packer Junior is the previous administrator chairman 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 make separate films while co-producing blockbusters with major studios.
The year that is following RatPac, along side partners 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 office in its first five days won seven Academy Awards.
The Macao Studio City, meanwhile, could be the resort that is first Asia to fully integrate tv and film production facilities, video gaming, retail and resort hotels.
The project initially expected to start in ’09 but has been beset by disputes, with one major financial backer pulling out altogether.
Squabbling between Hong Kong and US investors saw construction cease totally before Melco-Crown stepped in to buy 60 percent for the development in 2011.
With regards to finally opens (we hope) later, the resort will include ‘a self-branded luxury resort’ with 1,200 rooms in the first place and a maximum of 2,000 rooms for phase two, along side 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-new Jersey
Thanks to a liquidity sharing agreement with 888poker, WSOP.com is now nj-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 in the day.
The agreement that is new WSOP.com and 888poker.com share players for many cash that is low-stakes and some chosen tournaments, and has bumped both web sites towards the top of New Jersey’s online poker market.
According to numbers provided by PokerScout.com, WSOP.com in New Jersey is now the largest site in the state in terms of money game traffic.
Over the past seven days, the site has averaged about 190 players at its money game tables, or nearly a 50 percent enhance throughout the traffic on the internet site before the ball player pool sharing started.
The change was much 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 proven fact that both web sites utilize pc software provided by 888 Holdings. During the moment, higher-stakes money games and many tournaments are nevertheless segregated between your two sites.
However, some have speculated that this partial liquidity sharing agreement could be a precursor to a complete networking of the two web sites.
Until that occurs, though, the two sites are nevertheless technically independent.
That ensures that the PokerScout traffic numbers for the two sites can be a little bloated, as players at low-stakes games will appear to be on both sites at the time that is same.
Nevertheless, it’s clear that the WSOP/888 partnership has more total players than partypoker/Borgata, at least in terms of their cash game traffic.
Liquidity Necessary to Sustain Poker Web Sites
Whilst the true number of players for an Internet gambling site may not seem noteworthy, it can actually be essential to the success of online poker rooms.
Unlike other games like slot machines or blackjack, poker requires players to vie against each other.
This means that with no mass that is critical of to keep games running, it can be hard to attract people to your tables.
In addition, larger player pools mean larger prizes in tournaments, that may in turn attract more players, starting a positive feedback cycle for sites.
Should the bump in traffic persist, it may help spark a recovery in brand New Jersey’s internet poker market.
There has been a constant downward trend since online gambling was introduced in 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.
There are positive indications, however.
In December, monthly revenues increased for the first time in four months, bouncing right back above the $2 million mark.
Both 888poker.com and partypoker have also been using promotions that are aggressive order to attract new players, and the Borgata Winter Poker Open should bring in more out-of-state through the entire rest of January.
Maybe most exciting of most, there clearly was talk that PokerStars might be approved for the on the web gambling license as quickly as March, and many hope that the online poker giant would make recreational players that are familiar aided by the PokerStars brand.