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luckyland slots won t load on iphoneAfter 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. e 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. e 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. And the company appears to be going all out as it jumps into the sports betting business.Funding DriveLaunching such a major new initiative isn’t cheap, and according to one report, the DFS operator is attempting to load up on capital to make sure this lmgm grand casino cardatest venture is done right.Earlier this week, business news site Axios detailed a recent meeting between DraftKings and its investors. 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 revenu(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. pechanga casino games

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