Republicans also allowed a separate bill that would have created a $50 million problem gambling fund to die in a Senate committee.
Supporters of expanded gaming in Kentucky caught a big break when legislation was read twice before a 10-day recess. But there are only two days left for this year’s legislative session and some conservatives remain opposed.
No other states have submitted applications to join the interstate compact. If Michigan’s MSIGA application & suggested amendments are accepted, the door would open for BetMGM & PokerStars to challenge rival WSOP for top US online poker network.
In separate legislation, the House reduced the amount earmarked for the state’s problem gambling fund to $50 million, down from $225 million. But lawmakers are running out of time to pass both bills.
Michigan Gaming Control Board (MGCB) sent out a five-page document outlining guidance for operators and platform providers ahead of the regulator signing a multijurisdictional agreement — likely the MSIGA.
Sen. Joseph Addabbo Jr. is “laying the groundwork for next year,” when federal pandemic relief runs out or is curtailed & iGaming legislation will be fiscally more attractive to State lawmakers.
Rush Street Interactive, one of the leading iGaming operators in the US, acquires Galfond’s Run It Once Poker Room for $5.8 million in cash and stock.
With the 30-day extension on the IGT court case expiring this week, we could soon find out how Biden’s DOJ will deal with the Wire Act mess — and get clarity on US interstate online poker once and for all.
The series will run at the end of February, with 24 knockout tournaments in each state, nearly $750,000 in guaranteed prize pools, & massive Main Events.
Every day this week, DraftKings Casino blackjack players have a chance to win one of five $10,000 daily prizes and qualify for a share of the $550,000 prize pool.
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