Saturday, October 29, 2016

This Week in Gaming Review

The news from Pennsylvania was bright as of this post. The Pennsylvania House added an amendment to a bill to fix unconstitutional taxes on casinos that will include online gaming and fantasy sports. There is a small window because the State Senate has a limited amount of days left in session during the month of November. If they do not concur, the entire process will start again in 2017. The logical thing to do is to pass the bill and work out the logistics in January. Then the Commonwealth  is guaranteed  new and current revenue streams.

DraftKings and FanDuel are planning to merge according to reports from ESPN Chalk. This was rumored earlier this year but it now appears imminent.

Las Vegas is courting the NBA. MGM CEO Jim Murren is looking at current teams that are looking at relocation. This report is cited by Las Vegas Review Journal. This news is on the heels of the NHL coming to Vegas in 2017 & the Raiders considering a move there as well. This would change the view that sports betting would be bad for the integrity of the games.
MGM Grand Las Vegas


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