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CTBA Political eBrief Tuesday, March 8, 2016

“This bill, which was passed by super majorities of both chambers, will empower Virginia to regulate this emerging industry and keep consumers safe from abuses.” Brian Coy, spokesman for the Virginia governor's office, said of the state’s newly-signed DFS regulations, which make Virginia the first state to instate a regulatory framework, in ESPN --- “My understanding is this is just simply an effort to create some legal boundaries and guidelines around the fantasy sports practice that many Hoosiers enjoy, relative to the NFL particularly. And so we’ll take a look at it, give it a fair-minded look.” Indiana Governor Mike Pence said of a regulatory bill that the legislature has sent to his desk, in WTHITV10.com

 

Virginia Governor Signs Fantasy Sports Bill (VA – Fantasy Sports)
The Wall Street Journal (March 7, 2016) Law generally seeks to distinguish fantasy sports vs. gambling, a victory for companies like FanDuel and DraftKings. Virginia Gov. Terry McAuliffe on Monday signed into law the first state regulations for fantasy sports.
VA Gov. Signs 1st Fantasy sports Consumer Protection Law (VA – Fantasy Sports)
Law360 (March 7, 2016) Virginia became the first state on Monday to codify fantasy sports games into law with the Fantasy Contests Act, which calls for stricter regulation of consumer privacy on sites like DraftKings and FanDuel and a licensing fee to cover the costs of the additional oversight.
Virginia Passes Legislation That Allows Legal Playing Of DFS (VA – Fantasy Sports)
ESPN (March 7, 2016) Virginia became the first state this year to pass legislation clarifying the legality of fantasy sports, both the daily and season-long versions, when Governor Terry McAuliffe signed SB646, the Fantasy Contests Act, into law Monday afternoon.
Indiana Gov. Pence Indicates Willingness To Sign Fantasy Sports Bill (IN – Fantasy Sports)
WTHITV10.com (March 7, 2016) A bill to regulate fantasy sports in Indiana is on its way to the governor’s desk. But will he sign it? Some states have tried to outlaw the use of fantasy sports websites, others choose to regulate them. Until now, Indiana law has been silent when it comes to fantasy sports.
New Jersey Senator Introduces Measure To Regulate Daily Fantasy Sports (NJ – Fantasy Sports)
Law360 (March 7, 2016) A New Jersey state senator announced Monday that he has formally introduced legislation to oversee and regulate daily fantasy sports in the state.
Nevada Takes Hard Look At Future Of Daily Fantasy Sports (NV – Fantasy Sports)
Legal Sports Report (March 7, 2016) The Nevada Gaming Policy Committee discussed the daily fantasy sports industry at length on Monday, with government officials and gaming industry executives agreeing that the state would like to take the lead on regulating the industry in the U.S.
Some Arizona Tribal Casinos Wage Bets On Risky Demographic: Millennials (AZ – Casino Demographics)
Arizona Capitol Times (March 7, 2016) The same attractions that once lured generations into gaming no longer work for this younger crowd. Slot machines – even casinos as a whole – aren’t enticing enough for the 18-to 34-year-old age group known as millennials.
MGM Partners With Tribe To Launch Second Front In Legal Battle Against Connecticut Casino Plans (CT – Tribal Gaming)
Mass Live (March 7, 2016) MGM's legal battle against the state of Connecticut's efforts to build a third casino is now a two-front war. MGM, whose Springfield casino project spurred Connecticut to pass a gaming act last year and consider developing a casino near the Massachusetts border to shield its gaming economy from competition, is working with the Schaghticoke Indian tribe to sue the state.
IGT Signs Four-Year Contract Extension With The Michigan Lottery To Continue Offering Lottery Products And Services (MI – State Lotteries)
Yahoo! Finance (March 7, 2016) International Game Technology PLC ("IGT") (IGT) announced that its subsidiary, IGT Global Solutions Corporation, has signed a four-year contract extension with the Michigan Lottery to continue providing lottery technology and services through January 19, 2021.
Gambling Amendment Passes First Signature Threshold (FL – State Referendums)
Florida Politics (March 7, 2016) A proposed constitutional amendment in Florida to give voters more control over gambling has reported passing the signature threshold to merit consideration by the state’s highest court.
Leap Year Helps Casinos Get Jump In February Revenue (OH – Gaming Revenues)
The Toledo Blade (March 8, 2016) Ohio’s casino gambling market showed it still has room to run last month, as the state’s four full-service casinos and seven racino horse tracks combined to bring in total revenues of $144.4 million. That’s up 11 percent from last year’s February revenues of $130.4 million.
Two Oklahoma Indian Tribe Payday Lenders Settle With The FTC (OK – Payday Lending)
Digital Journal (March 7, 2016) Two of payday lenders from Oklahoma Indian tribes have settled with the FTC in keeping with the ethical guidelines for debt collection.