drake casino newsletter(Source: xconomy.com)The daily fantasy sports (DFS) operator took another step towards that goal this week, as it applied for a key sports betting license in New Jersey. But more of the state’s racetracks and casinos are expected to follow suit over the summer.That includes DraftKings, assuming that the license application is quickly approved by state regulators. After telegraphing its intentions to enter the market once it was legalized, DraftKings then struck a deal with Resorts Atlantic City in early June to offer sports betting games under that casino’s land-based license.With this latest license application, the company’s effort to be a major player in the sports betting scene in New Jersey just went from “possible” to “pending.”Ready to RollLast month, the US Suprmgm grand casino cardeme Court (SCOTUS) struck down a federal law that banned wagering on sports in all but four US states. online slots real cash“Politicians forming the ‘Evangelical Bench’ in Congress are very strong and Brmgm grand casino cardazil is still the world’s largest Catholic country.”“We have to see how the post-election political scenario shapes up,” he added. The company is reportedly trying to raise between 0 million and 0 million to beef up its sports betting operations.DraftKings’ goal is to be fully licensed and operational in time for the kickoff of the NFL season in September.Investors have been told that the daily fantasy sports (DFS) side of the operation will continue to generate the bulk of revenue eager to get in on any future action too, and reforms appeared to pick up steam in 2017 when Las Vegas Sands Corp chairman and CEO Sheldon Adelson visited high-ranking Brazilian officials, reportedly to discuss “investments” of billion in Rio de Janeiro.But expanding gambling in this deeply Catholic country is proving to be a tough proposition and, with elections planned for October, politicians’ minds are suddenly on other things.Political Distractions“It is an election year and politicians are unlikely to want to defend a sensitive topic such as gambling, which is associated with money laundering and criminal activity,” Neil Montgomery, of São Paulo-based law firm Montgomery & Associados told Gaming Intelligence this week. gold coast casino australia

free online slots new zealand

no deposit bonus casino aus“There is strong lobbying for integrated resorts and the new Tourism Minister points in that direction. But next year there may be a different person filling this position.”“Especially in light of the widespread corruption scandals involving Brazil’s politicians on an unprecedented scale.”In 2016 then-Brazilian President Dilma Rousseff was impeached on corruption charges. mohegan sun casino in connecticut“There is strong lobbying for integrated resorts and the new Tourism Minister points in that direction. That opened the door for individual states to decide to legalize — and to create their own regulations — for sports wagering inside their own borders.New Jersey, which had filed the original challenge to the sports betting block with SCOTUS, quickly finalized new laws which would allow its residents to legally bet on sports, and Governor Phil Murphy signed the bill . The Casino Service Industry Enterprise License is one of the requirements needed to offer sports betting in the state, and the New Jersey Division of Gaming and Entertainment (DGE) says it now has that DraftKings application in hand.It’s the latest in months of maneuvering by the company to take advantage of the new sports betting landscape in the US. mohegan sun casino online pa

is seminole casino open yet

island view casino hurricane idae eager to get in on any future action too, and reforms appeared to pick up steam in 2017 when Las Vegas Sands Corp chairman and CEO Sheldon Adelson visited high-ranking Brazilian officials, reportedly to discuss “investments” of billion in Rio de Janeiro.But expanding gambling in this deeply Catholic country is proving to be a tough proposition and, with elections planned for October, politicians’ minds are suddenly on other things.Political Distractions“It is an election year and politicians are unlikely to want to defend a sensitive topic such as gambling, which is associated with money laundering and criminal activity,” Neil Montgomery, of São Paulo-based law firm Montgomery & Associados told Gaming Intelligence this week. DraftKings CEO Jason Robins has his company poised to offer sports betting in New Jersey. “There is strong lobbying for integrated resorts and the new Tourism Minister points in that direction. With New Jersey set to start offering legal wagering on sports this Thursday, DraftKings is scrambling to get in on the action. He remains in power but is deeply unpopular and will not survive the election.Montgomery believes that 2019 could be the year parliament gets the job done but much depends on the political landscape that emerges, post-election.“One of the greatest challenges faced by the legalisation of games of chance in the country is the religious opposition,” Montgomery says. The company is reportedly trying to raise between 0 million and 0 million to beef up its sports betting operations.DraftKings’ goal is to be fully licensed and operational in time for the kickoff of the NFL season in September.Investors have been told that the daily fantasy sports (DFS) side of the operation will continue to generate the bulk of revenuonline casino 1000 free