Posts made in April, 2017

Fantasy sports betting in Hawaii to be inspected

Fantasy sports betting in Hawaii to be inspected

According to the speaker of the house Joe Souki, Fantasy leagues are form of gambling in that a player has to put in some cash and has a possible risk of losing the cash. He adds that the clarification of fantasy betting should be clarified by the lawmakers who have up to January when they convene to do so. Souki adds that with clear explanation on fantasy league, the participants have the freedom of doing their routine without any fear of being accused by others. When the house resumes, he would try to have a chat with the House leadership on the matter.

The initiation of the one day fantasy sports betting has been evident lately and many clients have signed in websites such as FanDuel.com and DraftKings.com for a taste of it. Moreover, these two firms have spent more than $31 million in advertising their services on TV.

Executive director of StopPredatoryGambling.org, Les Bernal claims that daily fantasy betting forms a base for everyday excitement whereas the seasonal fantasy sport betting is mainly played between workmates or friends.

The 2006 Unlawful Internet Gambling Enforcement Act claims that online poker games are unlawful but fantasy leagues were exempted. It was argued that in fantasy leagues, it is the player’s skill that that wins cash rather than basic luck. Nonetheless, opponents of this have called for mass action by the lawmakers on the subject.

Hawaii Attorney General Doug Chin has not made any comment on the matter and according to spokesperson Josh Wisch claiming that nothing has taken part in the AG’s office and hence it is not clear if the topic will be discussed in a near future.

There are several states among them Montana, Washington, Louisiana, Iowa as well as Arizona which have given fantasy leagues a go ahead. These states argue that fantasy league is based on opportunities but not skills.

However, Souki was adamant and claimed that he is not going to issue a notice to stop the fantasy league advertisements in TV as he claims that there are worse things such as cigarettes being advertised on the TV which are more dangerous than fantasy leagues.

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PWC has been tasked with the duty of investigating on behavioral patterns in betting

PWC has been tasked with the duty of investigating on behavioral patterns in betting

PWC has been mandated by the Responsible Gambling Trust (RGT) to conduct an investigation on the behavioral patterns of the remote betting areas. The PWC will incorporate its investigation in a two phase segment in conduct of the undercover research on whether these remote betting sites are undertaking illegal gambling. This is in response to the customer’s attitude towards betting machines that were licensed by the RGT back in December 2014.

The initial phase will involve PWC indulging in a thorough research on the existence of the remote betting sites and together with Canada’s Responsible Gambling Council will try to eradicate any harm emanating from these betting sites. The second phase of the research involves analyzing their industrial data as well as control system and come up with a proper way in recommending the various ways to be incorporated in attempt to reduce illegal betting in these sites.

RGT announced the tender in March 2015 and after a stressful selection process, PWC was chosen among the best for the job. After eight months of the research, PWC will table its final results to the RGT.

The Chief Executive of the Responsible Gambling Trust, Marc Etches claimed that the main aim of initiating this research process was not only coming up with a clear understanding of behavior portrayed by players but also make much impact in the development of the industry as well as reducing illegal betting cases. He added that the vigor selection process has seen PWC scooping the investigation tender and believed that the company would perform to the very best in coming up with solutions that would minimize if not eradicating any form of illegal betting in these remote betting sites.

At the same time, PwC Partner and Gaming Leader David Trunkfield claimed that he was happy to work closely with RTG in not only partnering in business but also doing something that would change people’s purpose and habits as far as betting is concerned. He continued to claim that his company was ready for the task ahead and would incorporate a data led approach that would in turn bring practical recommendations that would reduce any harm caused by these remote gambling sites.

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