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Rivers Casino Needs to Drop its Unsavory Political Tactics Against Fantasy Sports
Tuesday, May 24, 2016 - Posted by Advertising Department [The following is a paid advertisement.] Illinoisans who enjoy fantasy sports deserve to know what’s transpiring behind the scenes in Springfield, and where the single largest threat to the passage of fantasy sports regulation is coming from: it’s Rivers Casino in Des Plaines. Rivers says it’s all about protecting their turf, but there is no evidence that players spend less time or money at casinos because they participate in fantasy sports contests. The Rivers political strategy is to attach internet gambling to a fantasy sports bill. They have not been successful, so they are working back-room politics to kill the fantasy sports bill, unless they get what they want. My career and my colleagues’ careers rely on the fantasy sports industry. We need legal clarity and certainty to grow and expand our business – that’s exactly what this bill offers. It reflects thoughtful and appropriate regulation, and the level of consumer protections are among the safest in the country. Rivers Casino needs to drop its unsavory political tactics and allow the bill to have a clean vote. (Read the entire commentary in Reboot Illinois) Jay Correia
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Fantasy Sports Is Internet Gaming
Tuesday, May 24, 2016 - Posted by Advertising Department [The following is a paid advertisement.] The daily fantasy sports gambling industry is pressuring officials to pass a bailout that actually costs taxpayers. According to COGFA these Internet gaming giants would each pay just $900,000 in state taxes, but they could afford $500 million in television ads last year. Taxpayers may actually have to subsidize regulating online sports wagering. The Illinois Gaming Board doesn’t know how much it will cost to oversee this new form of online gaming. The state is facing an unprecedented budget crisis, but two out-of-state companies, which the Attorney General said broke law, want you to give them valuable Internet gaming licenses. Everyone but paid fantasy sports operators agree, it’s gambling:
• Attorneys General across the country decided it’s been illegal gambling • NFL great Joe Namath says it’s gambling • The Chicago Crime Commission believes it’s gambling Proponents are telling elected officials a fantasy, but the budget crisis is real. Don’t make it worse and pass a fantasy sports bailout that actually costs the state money.
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