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Welcome to the California Tribal Business Alliance

CTBA Political eBrief Wednesday, March 9, 2016

“Indian gaming holds a significant place in the evolution and history of IGT. We look forward to engaging with our valued tribal partners at the Indian Gaming Tradeshow & Convention. We're focused on providing our tribal customers with the industry's most innovative product and solutions portfolio.” Knute Knudson, IGT Vice President Tribal Relations and Business Development, in Yahoo! Finance --- “Mascots really shouldn't be this important. They shouldn't have to generate this sort of debate, especially when there are so many more urgent issues in my community. But their presence makes addressing those issues more difficult. Sports mascots themselves are not the reason my community continues to suffer with things like clean water, or lack of it, poverty, suicide, mass incarceration — they are all byproducts of the same sort of colonial culture that is responsible for these sorts of things.” CBC Radio pop culture critic Jesse Wente in CBC Radio

 

Tribal Financial Advisors Rebrands As TFA Capital Partners; Gaming Industry Investment Banking Veteran William Newby Joins As President (CA – Tribal Gaming)
Pechanga.net (March 8, 2016) Tribal Financial Advisors (‘TFA’) announces today the company is renamed TFA Capital Partners (‘TFA Capital’), effective immediately. To date, the company has helped Tribes raise over $3.5 billion of capital, as well as delivering more than $300 million of savings in interest payments and other costs, for its clients.
Hoopa Valley Tribal Council Approves Pact With County On Police Services (CA – Tribal Relations)
Times-Standard (March 8, 2016) The Hoopa Valley Tribe has approved an agreement with Humboldt County Sheriff’s Office to restore police services on the reservation, paving the way for a renewed police presence in the area after tribal officers are trained and working on their own.
Borgata to Replace Bwin With Pala for Online Poker (NJ – Internet Poker)
Casino Connection (March 8, 2016) According to online reports, Borgata Hotel Casino & Spa in Atlantic City will replace bwin.party as its poker provider with Pala Interactive. A report in eGaming Review said that GVC Holdings acquisition of bwin.party has caused problems with the company’s New Jersey license, though the company has been granted a temporary waiver to continue operating.
PokerStars To Launch In New Jersey In March (NJ – Internet Poker)
Casino Connection (March 1, 2016) Amaya Inc. owned PokerStars announced it will launch an online poker site in New Jersey on March 21. It marks the company’s return to the U.S. market after being shut down by the U.S. Department of Justice in 2011. The site will be the state's 18th internet gambling site.
New Jersey Lawmaker: Regulate And Tax Daily Fantasy Sports (NJ – Fantasy Sports)
New Jersey Herald (March 8, 2016) A New Jersey lawmaker has introduced a bill to not only regulate daily fantasy sports, but tax it as well. The measure he introduced Monday adds consumer protections and imposes the same 9.25 percent tax rate on daily fantasy sports companies' gross revenue that Atlantic City's casinos pay on their winnings.
Why FanDuels and DraftKings Are Happy With These Restrictions (VA – Fantasy Sports)
The Washington Post (March 8, 2016) Virginia has become the first state in the nation to regulate the growing fantasy-sports industry. DFS companies consider the Virginia law their first win in a strategy to submit to state regulation in exchange for clarity that their activities are legal. States like the approach because they believe it will rein in the industry’s worst practices.
Making Fantasy Sports Prize Money Legal In Iowa (IO – Fantasy Sports)
Radio Iowa (March 8, 2016) A bid to legalize “fantasy sports” prizes in Iowa has been revived, but it’s unclear whether the plan can pass the Republican-led Iowa House. Representative Jake Highfill, a Republican from Johnston, has been working on this issue for four years.
Georgia Could Take Closer Look At Fantasy Sports Websites (GE – Fantasy Sports)
The Telegraph (March 8, 2016) On the last Friday in February, the Georgia Lottery Corp. received a letter it had requested from the office of Georgia's top state attorney. The state's gambling overseers wanted to know if daily fantasy sports games are legal in the state.
IGT Features Compelling Product And Content Portfolio At Indian Gaming Tradeshow & Convention 2016 (AZ – Gaming Conferences)
Yahoo! Finance (March 8, 2016) International Game Technology PLC ("IGT") (IGT) will showcase its industry leadership and ongoing commitment to tribal gaming with a comprehensive portfolio of games, systems, and solutions at the Indian Gaming Tradeshow & Convention (NIGA), March 14-16 in Phoenix, Ariz.
House State Affairs Rejects New Anti-Gambling Bill, 9-8 (ID – Gaming Regulations)
The Spokesman-Review (March 8, 2016) On a 9-8 vote today, the House State Affairs Committee refused to introduce a new anti-gambling bill aimed at targeting tribal gaming and any other slot machine-like operations and putting limits on the state lottery.
Anti-Casino Group Passes First Threshold In Florida Signature Drive (FL – Gaming Referendums)
World Casino News (March 8, 2016) A constitutional amendment proposed by a Florida organization that would give the state’s residents exclusive authority to approve non-tribal casino gambling has reportedly passed a threshold, garnering the required number of signatures to merit consideration by the highest court in the state.
Las Vegas Casinos Seek To Power Their Bright Lights With Renewable Energy (NV – Vegas Casinos)
Yogonet (March 7, 2016) In recent months, three of Nevada’s largest casino companies – MGM Resorts, Wynn, and Las Vegas Sands – have announced plans to buy and produce more renewable energy for their hotels, a move driven both by increasing demand for responsible energy use from the companies that rent their conference halls, and a surplus of cheap power from solar farms in Nevada and California.
“We Are Not Your Mascots, We Are Human Beings,” Jesse Wente Says On Metro Morning (Int. – Tribal Images)
CBC News (March 8, 2016) CBC Radio film critic Jesse Wente speaks out against the use of indigenous names and symbols by both professional and smaller sports teams, in response to a recent story in the Toronto Star.