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New Jersey Politicos Attack Federal Anti-Gambling Bill

 New Jersey Politicos Attack Federal Anti-Gambling Bill

‘Congress should leave us alone!’- was the response of Senator Lesniak as he denounced an Adelson-backed anti-gambling bill last week.

‘ The line that is bottom Congress should keep us alone!’ this is the verdict from New Jersey State Senator Raymond Lesniak (D-Elizabeth) as well as other Garden State legislators, who used hawaii’s yearly Chamber of Commerce trip to Washington DC the other day being a platform to denounce the Restoration of America’s Wire Act.

Lesniak, along with Assembly Speaker Vincent Prieto, Senate Majority Leader Lou Greenwald and Senate President Steve Sweeney, called on Congress to reject the bill, which is backed by Las vegas, nevada Sands chairman Sheldon Adelson, and would effectively outlaw all forms of online gambling nationwide (aside from horse racing), even the online sale of lottery tickets.

Leave it towards the States

‘New Jersey policymakers took the effort to modernize our video gaming industry through online video gaming,’ said Greenwald.’Yet Congressional action threatens to destroy this innovative and fledgling effort before this has to be able to succeed on its very own merits. This issue should be left to the states, whom are best positioned to decide if and exactly how gaming that is online work in their communities, not by Washington.’

The bill was introduced last thirty days by Senator Lindsey Graham (R-South Carolina) and Representative Jason Chaffetz (R-Utah), and disputes the Department of Justice’s clarification that the Interstate Wire Act of 1961 applies simply to sportsbetting. This assertion should be overruled, claim Graham and Chaffetz, since it had been a made without input from the public.

Nevertheless, Lesniak branded the proposed ban ‘irresponsible’, incorporating that the federal government has ‘no destination states that are telling New Jersey which have currently implemented successful programs to shut them straight down.’

The legislators warned that the ban would drive customers towards illegal gambling sites, which may not have the cutting-edge technological safeguards that New Jersey has been at the forefront of developing. These safeguards benefit consumers, offering ‘common feeling protections,’ including strict measures to avoid children from gambling on line.

Warnings of Dangerous Black Market Sites

‘Instead of a dangerous, international market that is black consumers in the State of the latest Jersey have a safe place to go a program that not only includes essential customer protections, but additionally generates 1000s of dollars in revenue,’ said Lesniak.

A ban would spell catastrophe for nj-new jersey, Nevada and Delaware the states that have regulated online gambling as well as much lotteries around the nation, and is ‘trampling on these states’ rights and threatening individuals’ rights,’ said the legislators. Sweeney argued, meanwhile, that the Restoration of America’s Wire Act would curtail progress and financial growth.

‘It is disappointing that certain elements are working to dismantle New Jersey’s landmark internet gambling law,’ he stated. ‘New Jersey’s law ended up being created over many years, with a consider security and safety. We have swiftly become a leader that is national the world of online gambling, and we simply cannot afford to have all our work and work undone by the whims of a few down in Washington.’

Prieto summarized the mood of indignation as he said: ‘New Jersey has taken aggressive and innovative actions to bring its casino industry to the century that is 21st and it is building on the success of those efforts. Much like gaming at casinos throughout the country, this is certainly clearly an issue best left for the states to determine and regulate. New Jersey’s program should be left to succeed on its own.’

22 Groups Make An Application for New York Casino Licenses

22 applications now await a final decision in brand New York State as to which is granted a casino permit. (Image: Joe Raedle/Getty)

After last Wednesday’s deadline, the newest York State Gaming Commission has announced that, in all, 22 groups have sent applications for upstate casino licenses, more than ended up being at first expected. Each business paid $1 million for the privilege to compete for just one of four licenses in three regions that are separate Albany-Saratoga region, the Catskills, and the Southern Tier.

The Catskills area, which includes Orange County to the south, is the closest to New York City and so naturally ended up being typically the most popular with bidders. It includes a clash of the titans, too, with casino giants Caesars and Genting both going for a license in Orange County.

Others developments that are pursuing the Empire State are the Saratoga Casino and Raceway; Baltimore-based Cordish Companies, and Alabama gambling hall owners Greenetrack. The attention in Orange County is certain to please state governor Andrew M. Cuomo, who may have encouraged casino companies to look at the area as it is looking for a boost that is economic and that means these bidders may have better chance of success.

Borscht Belt

Deeper into the Catskills, Foxwoods is collaborating with Muss Development on a resort in town of Liberty in Sullivan County; while the Mohegan tribe and Empire Resorts (Monticello Casino and Raceway) are both projects that are proposing also in Sullivan County, as are Trading Cove New York, a partnership between your Stockbridge-Munsee Band of Mohicans and casino designer Len Wolman. Nevele Investors, meanwhile, is seeking to redevelop a defunct ‘Borscht Belt’ resort.

Albany has five interested parties: Saratoga Casino and Raceway is considering East Greenbush, while Capital area Gaming is planning for a venture just south of Albany. Howe Caverns, in Schoharie County, has announced it is seeking to partner by having a casino operator in an effort to offer video gaming at the tourist that is popular, and Pinnacle Entertainment is interested in a Rensselaer County site. Cordish has also said it’s enthusiastic about the area, but hasn’t announced a site as yet.

Competing for the Southern Tier the strip that is narrow the west of the state that runs from Binghamton towards the Canadian border are going to be Rochester-based development firm Wilmorite Inc., the Tioga Downs Racetrack and Traditions during the Glen Resort and Conference Center.

Four other businesses have not yet stated which region they intend to bid for: Rolling Hills Entertainment, NYS Funding LLC by Och-Ziff Real Estate, Hudson Valley Gaming, LLC, and Canadian firm Clairvest.

Sticking it towards the Cynics

Governor Cuomo was pleased by the amount of interest into the application process.

‘ The cynics said, ‘You’re not going to get the applications, people are not going to apply, the right time is done, gaming is over the curve,’ ‘ he said. ‘ I think you’ve actually had more interest plus it’s gone much better than people suspected it might early on.’

The deadline to submit full proposals is June 30 and a panel of the New York State Gaming Commission will determine in the fall which operators will get one associated with the four licenses. If applicants neglect to submit their proposals by the deadline they shall receive their $1 million application fees back. All candidates are required to demonstrate the economic benefits of their proposals, and that they will be ready to open their resorts in 2016 within their applications. They must have sufficient support that is local their projects. Winners would have to pay licensing fees of $20 million to $70 million, depending on their chosen area.

‘Bad Actor’ PokerStars Eyes California Online Market

PokerStars has designs on the California online market, but will the existing ‘bad actor’ clause block its plans? (Image: igamingplayer.com)

PokerStars’ designs on the potentially huge California online market took one step closer final week, following statement that the world’s biggest on line poker site has officially sealed a deal with the Morongo Band of Mission Indians, along with the state’s biggest card rooms: the Commerce Club, the Hawaiian Gardens Casino and the Bicycle Casino.

Rumors of the agreement, which will theoretically allow PokerStars to produce its new partners with internet poker software and infrastructure should regulation come right into force, surfaced in March, but were made formal in a press release just recently. It’s understood that PokerStars is trying to be a brand that is front-facing the agreement.

Bad Acting

‘We’re pleased to announce our agreement with these established and proven organizations that represent millions of California poker players,’ Morongo Chairman royal vegas casino com Robert Martin was quoted as saying in the production.

‘we’re confident that, together, we can offer a safe, secure, high-quality online poker experience that brings financial benefits to California while providing the level that is highest of accountability, choice, solution, and security for consumers,’ he included.

The release ended up being timed to coincide with California’s Assembly Committee on Governmental Organization hearing a week ago, at which the hot topic of debate was the ‘bad actor clause’ and whether it should be included in a California bill, because it has been around Nevada and nj-new jersey, in legislative proposals therefore far. The clause would ban companies that continued to accept US bets after the passage associated with the Internet that is unlawful Gambling Act (UIGEA) in 2006, thus precluding PokerStars from running in hawaii.

Tribal Warfare

Most of the California tribes are all for the clause, needless to say, fearful that it will be impractical to compete in a market that is regulated included a well-known brand such as PokerStars. The California Tribal Business Alliance recently announced so it would block any legislation that might allow PokerStars to be a right part of the Golden State’s online gambling market.

Nevertheless, Martin testified only at that week’s hearing, arguing that a bad actor clause would limit the range of and potential of this market.

‘Efforts by a select few interests to rewrite longstanding and policy that is effective order to gain a competitive market advantage or to lock out specific businesses just isn’t within the best interests of consumers or the state and will be vigorously compared by our coalition, online poker players and many more,’ he said.

PokerStars responded swiftly.'[We have] a great history with California poker players, who want us in the market. We are the leader that is worldwide regulated online poker and hold more national licenses than any other operator. We enjoy bringing our best practices in responsible gaming, online security, ecommerce, protection of players’ funds and game integrity to your California market,’ said Guy Templer, Group Director of Strategy and Business Development for the Rational Group, PokerStars’ parent company, in the press release.

With a population of over 38 million, California has the potential not just to your biggest online gambling market in America, but in addition one of many biggest in the world. It really is likely that California will be the state that is next regulate online internet gambling, but it is unlikely to occur this year.