Fantasy sites clash with casinos over online sports betting license

Fantasy sites clash with casinos over online sports betting license


SPORTS WEBSITES ARE BATTLING AT THE STATEHOUSE TO DECIDE WHO GETS TO HOST SPORTSBOOK ACTION IF THE STATE LEGALIZES SPORTS BETTING. ((JESSICA)) THE RIVALS ARE FIGHTING OVER WHO BROKE THE LAW, AND WHO DESERVES A LUCRATIVE STATE LICENSE FOR ONLINE SPORTS GAMBLING. WCIA-THREE’S CAPITOL BUREAU CHIEF MARK MAXWELL LOOKED AT THEIR RECORDS, AND FOUND CASINOS AND FANTASY SITES HAVE RUN INTO TROUBLE WITH FINES, VIOLATIONS, AND ILLEGAL ACTIVITY. REP. MARTY MOYLAN (D) DES PLAINES I was mayor when rivers casino was opened, and they have been one of the best casino operators in the whole state. IN 2015, THE GAMING BOARD SLAPPED RIVERS WITH A $2 MILLION FINE FOR GIVING NO-BID CONTRACTS TO COMPANIES WITH LINKS TO KNOWN MOB ASSOCIATES. I think there is protections in a law that make sure those things don casinos violated the law, and they had to pay the penalty. GFX2 A SPOKESMAN FOR RIVERS CASINO’S PARENT COMPANY SAID, “There are multiple class action lawsuits filed against FanDuel and DraftKings on behalf of literally tens of thousands of consumers and thirty states…alleging that the games were rigged…” Fan Duel has a leg up that the other potential clients don have. That important that they go in a penalty box for a few years. THE FANTASY SITES HAVE OPERATED FOR YEARS WITHOUT PAYING TAXES OR LICENSING FEES, BUT NOW WANT IN ON THE ACTION IMMEDIATELY. MATT KING IS THE CEO AT FAN DUEL MATTHEW KING FANDUEL CEO This is really one really wealthy casino owner who would rather try to legislate an unfair advantage then compete in a free market. Frankly, the sad part about it is an Illinois resident is willing to advocate for a law that would hurt the state, but profit himself. GFX3 OTHER CASINOS IN THE SUBURBS RUN BY INTERNATIONAL COMPANY PENN NATIONAL GAMING FACED FINES TOTALING $1.75 MILLION FOR ACCEPTING ILLEGAL GIFTS, HANDING OUT NO-BID CONTRACTS, AND COOKING THE BOOKS TO MAKE IT LOOK LIKE THEY WERE HIRING WOMEN-OWNED COMPANIES. SEN. DAVE SYVERSON (R) ROCKFORD “These are large, major corporations that employ thousands of people. The fact that these have come to light are just showing that our system works. When a bad act occurs, the Gaming Board is there. We take swift and harsh action, and corrective action, and the system is improved” ((JESSICA)) INDUSTRY INSIDERS ESTIMATE THE ONLINE SPORTS BOOK COULD BE WORTH $10 BILLION DOLLARS A YEAR. LAWMAKERS HAVE UNTIL THIS FRIDAY TO FINALIZE THEIR PLANS TO DECIDE WHICH COMPANIES WIN, AND WHICH ONES LOSE OUT, ON SPORTS BOOK LICENSES. THE MOST RECENT PROPOSAL DOES INCLUDE A NEW CASINO IN DANVILLE.

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