DraftDay Gaming Group Announces Consumer Protection Safeguards

The National Council on Problem Gambling is welcoming consumer that is new working by DraftDay that aim to provide more player security.

DraftDay Gaming Group, co-owned by Sportech and Viggle, announced plans this week to implement an ‘industry-defining customer protection initiative’ that will mimic the regulatory safeguards utilized by online gambling markets in the United States.

After consulting with all the National Council on Problem Gambling (NCPG), DraftDay settled on a number of guidelines that will produce a safer, more transparent daily fantasy sports (DFS) industry.

The business-to-business DFS supplier, that also operates its own standalone platform, has partnered with GeoComply, IDology, and Paysafe to showcase how fantasy that is daily could be properly controlled while at the same time protecting players.

‘With calls for stricter consumer protection by many state governments, DraftDay, in conjunction with the NCPG, has created a set of skill-based fantasy that is daily consumer-oriented policies to deal with each state’s increased demands for security and accountability,’ DraftDay CEO deep Roberts said in a press release.

The (Daily Dream) Sports Authority

The NCPG is amongst the leading voices in the usa when it comes to gambling that is discussing and controls, the agency is the primary advocate in fighting for those prone to and affected by problem gambling.

In October, the council added a Continue reading “DraftDay Gaming Group Announces Consumer Protection Safeguards”

Florida Agrees $3.1 Billion Deal with Seminoles

Florida governor Rick Scott hails the greatest rev-sharing that is tribal history as dispute with Seminoles is placed to bed.

The Seminole Tribe’s governmental standoff with Florida governor Rick Scott was finally resolved this following a deal which will see the Seminoles pay $3.1 billion to the state over seven years in return for the right to offer craps and roulette week.

It’s believed to be the biggest tribal rev-share agreement in the usa, dwarfing the cut received by the state underneath the terms of the previous agreement.

Florida inked a deal because of the Seminoles in 2010 which gave the tribe exclusivity on blackjack in the state inturn for $1 billion, spread over five years.

The deal also prevented the expansion of slots gambling beyond that which already existed at a few of pari-mutuel racetracks, offering the Seminoles a stranglehold on the slots market.

This contract expired on August 1 this present year, and the two events have been negotiating ever since.

No Expansion for 20 Years

The Seminoles, who own seven properties in the Sunshine State, will be prohibited from expanding their operations for a period of two decades. Even though gaining the straight to offer craps and roulette, the operator that is tribal relinquish its monopoly on blackjack and slots.

This will allow the expansion of blackjack into the Miami-Dade and Broward racinos and as much as 750 slots at other venues such as the Palm Beach Kennel Cl Continue reading “Florida Agrees $3.1 Billion Deal with Seminoles”