Sharepots Let Players Win a Slice of the Pie

Many New Jersey online gambling sites offer sharepot promotions, where they put aside a big pile of money and give all players a shot at winning a part of it. And, the more shares you have, the bigger your bonus payout.

Adelson’s iGaming War Takes a Hit

The battle to ban iGaming in the U.S. started by Las Vegas Sands Chairman Sheldon Adelson stalled last week when Attorney General Jeff Sessions (l.) was forced to recuse himself from any review of the 2011 DOJ memo that largely legalized the wagering.

No Gaming Deal in Pennsylvania

As the first week of the new fiscal year came to a close, Pennsylvania lawmakers struggled to pass a budget that includes income from gaming expansion measures not yet passed, which includes online gaming, DFS and slots at bars and restaurants. Senate President Pro Tempore Joe Scarnati (l.) said they’re considering borrowing the $2 billion shortfall.

Indiana Licenses Fantasy Sports Operators; NJ and Maine Pass Bills

Fantasy sports operators DraftKings Inc., FanDuel Inc. and FantasyDraft LLC recently were unanimously approved by the Indiana Gaming Commission and paid an initial licensing fee of $50,000 each. Meanwhile, the New Jersey legislature has approved a bill to license and tax daily fantasy sports operators, where Senator James Whelan (l.), characterized it as a “consumer protection” bill. It would tax DFS sites at 10.5 percent of revenue.

New Report: Web Gambling Pays

Research backed by an online gaming trade group finds that New Jersey has benefited enormously from internet gambling. In just four years, the intrastate market has generated more than $998 million in revenue, supported more than 3,300 jobs and paid more than $124 million in taxes.

Delaware Moves DFS Bill

In a continuing push by lawmakers for income outside of taxes, a bill to legalize and regulate daily fantasy sports sponsored by Rep. Charles Potter (l.) has cleared a key committee in the Delaware House of Representatives.

Illinois Online Gambling Bill Fails

H 479 would have legalized and regulated internet gambling and daily fantasy sports in Illinois but it didn’t make it through the special session ending Friday, June 30. DraftKings and FanDuel operate in Illinois despite a 2015 attorney general opinion claiming DFS is illegal gambling. Online gambling is available through unregulated offshore websites.

UK Regulator Cracking Down on Online Operators

The UK Competition and Markets Authority is launching a probe and crackdown on online gambling operators for violating consumer protection laws in their advertising and sign-up promotions. The commission feels online companies are deceiving consumers and holding onto customer’s money unfairly.

Feds Take Over Primorye Gaming Development

Citing a lack of urgency, the Russian government will take over the development of the Primorye gaming site near Vladivostok, according to Deputy Prime Minister Yuri Trutnev (l.). Only one casino resort is up and running, with three more sites still being considered.

Colombia Moves to Block Unregulated Online Gambling Sites

Colombia’s new online gambling regulator has ordered ISPs to begin blocking unregulated online gambling operators. As many as 325 websites are now banned in the country. Meanwhile, the country issued its first online gambling license, believed to be the first online gambling license ever awarded in Latin America.