Note from PGRI Editor: There are a number of stories about the apparent decision of the Governor of Illinois to terminate the Private Management Agreement with Northstar Lottery Group. We have not posted them, not because it is not news-worthy, but because we are not able to confirm the accuracy of the stories. The news stories about this situation all seem to be riddled with more speculation and spin than known facts.
|In offering online gaming through Santa Ysabel Interactive, the Tribe is exerting its sovereign right under the Indian Gaming Regulatory Act (IGRA) to regulate and conduct Class II gaming from the tribe’s reservation. Class II gaming, as defined by IGRA, includes poker and bingo, but does not include slot-based games or house-banked games, such as blackjack. House-banked games and slot machines are defined as Class III games, and can only be offered in a tribal casino upon agreement with the state through a Tribal-State Gaming Compact. Santa Ysabel has had such a compact with the state since 2005, but has no plans to offer Class III gaming through its interactive website.|
|Pressure on the gambling industry has intensified over the past year as the head of a US Treasury agency that monitors the financial system for evidence of money laundering gave two speeches reminding the casino industry of its compliance obligations. Jennifer Shasky Calvery, who has led the agency – called the Financial Crimes Enforcement Network, or FinCEN – since September 2012, has a background in prosecuting organised crime. “Banks that do business with casinos would be wise to pay attention to what the FinCEN director is talking about,” said Kevin Rosenberg, a former federal prosecutor in Los Angeles. “Banks are years ahead of casinos when it comes to anti-money-laundering compliance. Now it’s the casinos’ turn to step up.” In addition to regulators’ own actions, bank examiners are pressing institutions they oversee to better manage the risk associated with the casino-related transactions they process, compliance officers in both industries said.|
Thank you all for participating in Lottery EXPO. It's been a fabulous three days. We hope you all enjoyed it and accomplished all of your objectives. We will be working on our Spring and Fall conference events and will keep you posted as we confirm dates, venues and programs. Hope to see you there. In the meantime, I'm sure we'll see you at NASPL Atlantic City in a couple weeks, and then at the World Lottery Summit in Rome in November. Be sure to come to the PGRI Lottery Industry Hall of Fame Induction ceremonies at both of those events. Gary Grief (Executive Director Texas Lottery and President of NASPL) and David Loeb (CEO Western Canada Lottery Corporation) will be inducted at NASPL event. Tan Soo Nan (CEO of Singapore Pools) and Jean Jorgensen (Executive Director World Lottery Association) will be inducted at the WLS event in Rome. Too, the winner of the Sharp Award for Good Causes will be recognized at NASPL. This award goes to the NASPL lottery with the highest year-over-year percentage increase in net funds generated for its beneficiary.
Video-recording website: www.PGRItalks.com
Public Gaming Magazine January/February 2014