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w casino gamese 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. 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 revenuWhile Delaware beat everyone to the punch, the Garden State isn’t far behind.Now, one month after the Supreme Court ruling, bettors will lineup on Thursday morning to place the first sports wagers under New Jersey’s new regulatory framework.One of the first in line is expected to be retired State Senator Ray Lesniak, a key proponent of legal sports betting in New Jersey.“Fifty dollars on France to win the World Cup,” Lesniak said via ESPN. club 4 kings live casinoThe 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. “That’s big-time for me.”For now, betting will be limited to New Jersey’s Monmouth Park racetrack. (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. boomtown casino login

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chukchansi casino on fireAnd 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 lpeppermill hotel casino las vegasatest venture is done right.Earlier this week, business news site Axios detailed a recent meeting between DraftKings and its investors. 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. (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. “Politicians forming the ‘Evangelical Bench’ in Congress are very strong and Brpeppermill hotel casino las vegasazil is still the world’s largest Catholic country.”“We have to see how the post-election political scenario shapes up,” he added. “That’s big-time for me.”For now, betting will be limited to New Jersey’s Monmouth Park racetrack. 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. table games at hollywood casino lawrenceburg