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CTBA Political eBrief Thursday, March 24, 2016

“The Seminole tribe likes the deal we made. We want to have a good relationship with Florida and we’re still prepared to make that deal. But we’re not prepared to make it by allowing any county that passed a referendum to have slots. That kills the deal because it’s not economically feasible for the tribe.” Barry Richard, a Greenberg Traurig shareholder based in Tallahassee, who is representing the tribe in a case against the state, in Florida Politics --- “We’ve revamped the whole casino floor, added a tattoo parlor, a new bar … As the biggest resort in North America, we have an obligation to come up with a zip line that’s the highest, the longest, the fastest. It will certainly be a thrilling ride … We are trying to appeal more to that segment of the population. They’re current customers, but they’re also our future.” Felix Rappaport, president and CEO of Foxwoods Resort Casino, which announced a master plan for broadening to millennials and families, including a zip line and water park, in The Day

Yesterday’s Analyst’s Downgrade: Amaya Inc. (Int. – Internet Poker)
CWRU Observer (March 24, 2016) Amaya received a stock rating downgrade from Desjardins on Mar-23-16. In a note to investors, the firm issued a Hold rating.
Amaya CEO Faces Insider Trading Charges, Possible Prison Sentence (Int. – Internet Poker)
The Wall Street Journal (March 23, 2016) Quebec’s securities regulator charged the chief executive of online-gambling giant Amaya Inc. and two of his associates with insider trading over the Montreal company’s 2014 takeover of PokerStars. The AMF said its investigation into insider trading tied to the PokerStars takeover is continuing, and it “may file other charges.”
Amaya Founder And CEO David Baazov Issues Statement In Response To Quebec Regulator Allegations (Int. – Internet Poker)
Flushdraw.net (March 24, 2016) Baazov was hit with five charges by Quebec’s Autorité des marchés financiers (AMF), which began investigating the takeover after Amaya’s shares underwent significant price surges in the days and weeks before the US $4.9 billion acquisition was announced.
Seminole Tribe’s Lawyer Now Watching Court Cases After Compact’s Demise (FL – State Compacts)
Florida Politics (March 23, 2016) With a proposed $3 billion gambling deal with the Seminole Tribe of Florida having died this past legislative session, the tribe’s lawyer on Tuesday said its fight to keep blackjack in tribal casinos now moves to a federal court.
Omaha Tribe Wins Unanimous Decision At SCOTUS (DC – Court Cases)
Indian Country Today Media Network (March 23, 2016) Yesterday the United States Supreme Court ruled in a unanimous decision to uphold the right of the Omaha Tribe of Nebraska to impose a sales tax on its own land. In their decision, which was written by Justice Clarence Thomas, the justices made clear that an 1882 act of Congress that opened up the tribe’s reservation to settlement did not clear the way for continued diminishment of Indian lands.
Foxwoods’ Future Could Include Zip Line, Other Outdoor Activities (CT – Tribal Casinos)
The Day (March 23, 2016) Foxwoods Resort Casino’s “master plan” for broadening its appeal with millennials and families includes a zip line connecting The Fox Tower and the Mashantucket Pequot Museum and Research Center.
Key New York Lawmakers Back Legalizing Daily Fantasy Sports (NY – Fantasy Sports)
Santa Fe New Mexican (March 23, 2016) Key New York lawmakers said Wednesday they’re continuing efforts to legalize daily fantasy sports following Monday’s agreement by its two biggest websites to stop taking bets in New York until July.
Maryland Senate Approves Referendum For Fantasy Sports Betting (MD – Fantasy Sports)
The Washington Times (March 24, 2016) The Maryland Senate passed a bill Wednesday morning that will put the legality of fantasy sports betting sites like DraftKings and FanDuel on the November ballot for voters to decide.
Bill In Minnesota Legislature Defines Fantasy Sports As Not Gambling (MN – Fantasy Sports)
Duluth News Tribune (March 23, 2016) Minnesotans love fantasy sports, but the activity is in legal limbo. More than 1 million people participate, making the state a hotbed of gamers and lawmakers are looking into a bill that would clarify it is legal.
Casino Border War Shaping Up Between New York And New Jersey (NY – Casino Politics)
The Buffalo News (March 23, 2016) Donald Trump and other Atlantic City casino interests in 1997 spent a lot of money on a lobbying campaign to help kill a plan that would have allowed commercial casinos in Western New York, the Catskills and just north of Albany.
20th Annual East Coast Gaming Congress & i-Gaming Institute To Target Millennials, Casino Floor Of Tomorrow (NJ – Gaming Conference)
Yahoo Finance (March 23, 2016) The 20th Annual East Coast Gaming Congress and i-Gaming Institute, to be held at Harrah's Resort here on May 25-26, will focus on the future of gaming, with sessions that will focus on targeting the coming generation of Millennials, as well as planning for the Casino Floor of Tomorrow.
Puyallup Tribe Hosts Hillary Clinton For Tribal Leaders Roundtable (WA – Tribal Politics)
Tacoma Weekly (March 23, 2016) Democratic presidential candidate Hillary Clinton visited Western Washington on Tuesday, March 22, and among the stops on her itinerary was to take part in a roundtable discussion with tribal leaders from around the state. Senator Maria Cantwell was also in attendance.