New Jersey Politicos Attack Federal Anti-Gambling Bill

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 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) along with other Garden State legislators, who used their state’s annual Chamber of Commerce trip to Washington DC a week ago as 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 supported by Las Vegas Sands chairman Sheldon Adelson, and would effortlessly outlaw all forms of online gambling nationwide (aside from horse race), perhaps the sale that is online of tickets.

Leave it to 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 effort that is fledgling it has the opportunity to be successful on its very own merits. This dilemma should be left to the states, who are best positioned to decide if and how online gaming should work with their communities, not by Washington.’

The bill had been introduced month that is last 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 pertains only to sportsbetting. This assertion should be overruled, claim Graham and Chaffetz, since it had been a made without input from the public.

However, Lesniak branded the proposed ban ‘irresponsible’, adding that the government has ‘no destination telling states like New Jersey that have already implemented successful programs to shut them down.’

The legislators warned that the ban would drive customers towards illegal gambling sites, that might not have the cutting-edge safeguards that are technological New Jersey has been at the forefront of developing. These safeguards benefit customers, providing ‘common feeling protections,’ including stringent measures to avoid children from gambling online.

Warnings of Dangerous Black Market Sites

‘Instead of a dangerous, overseas market that is black consumers within the State of the latest Jersey have a safe place to go a system that do not only includes essential customer protections, but also generates thousands of dollars in revenue,’ said Lesniak.

A ban would spell disaster for nj, Nevada and Delaware the states that have regulated online gambling as well as much lotteries around the country, and is ‘trampling on these states’ rights and threatening people’ rights,’ said the legislators. Sweeney argued, meanwhile, that the casino-bonus-free-money.com Restoration of America’s Wire Act would curtail progress and economic growth.

‘It is disappointing that certain elements are working to dismantle New Jersey’s landmark internet gambling law,’ he said. ‘New Jersey’s law had been created over numerous years, having a concentrate on security and safety. We have quickly become a national frontrunner in the world of online gambling, and now we simply cannot manage to have all our efforts and effort undone by the whims of a few down in Washington.’

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

22 Groups Apply for New York Casino Licenses

22 applications now await a decision that is final New York State as to that will be granted a casino license. (Image: Joe Raedle/Getty)

After last Wednesday’s deadline, the latest York State Gaming Commission has announced that, in all, 22 groups have applied for upstate casino licenses, a lot more than was at first expected. Each business paid $1 million for the privilege to compete for 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 was the most used with bidders. A clash is included by it 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 interest in Orange County is certain to please state governor Andrew M. Cuomo, who may have encouraged casino companies to consider 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 involving the Stockbridge-Munsee Band of Mohicans and casino developer Len Wolman. Nevele Investors, meanwhile, is looking to redevelop a defunct ‘Borscht Belt’ resort.

Albany has five parties that are interested Saratoga Casino and Raceway is looking at 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 gaming during the tourist that is popular, and Pinnacle Entertainment is interested in a Rensselaer County web site. Cordish has also said it’s interested in the area, but hasn’t announced a website as yet.

Competing for the Southern Tier the slim strip in the west of this state that runs from Binghamton to the Canadian border will be Rochester-based development firm Wilmorite Inc., the Tioga Downs Racetrack and Traditions at the Glen Resort and Conference Center.

Four other businesses haven’t 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 company Clairvest.

Sticking it towards the Cynics

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

‘ The cynics said, ‘You’re perhaps not planning to get the applications, people are perhaps not going to utilize, the time is done, video gaming is over the curve,’ ‘ he said. ‘ I think you’ve actually had more interest and it’s gone better than people suspected it may early on.’

The deadline to submit proposals that are full June 30 and a panel of the New York State Gaming Commission will decide in the fall which operators will get one associated with the four licenses. If applicants fail to submit their proposals by the deadline they shall receive their $1 million application fees back. Inside their applications, all candidates have to demonstrate the economic benefits of their proposals, and they will be ready to start their resorts in 2016. They have to likewise 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 the announcement that the planet’s biggest online poker site has officially sealed a cope 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 regarding the agreement, that will theoretically enable PokerStars to give its new partners with on-line poker software and infrastructure should regulation come into force, surfaced in March, but were made official in a pr 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 founded and proven organizations that represent millions of California poker players,’ Morongo Chairman Robert Martin had been quoted as saying in the release.

‘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 added.

The release was 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 must be included in a California bill, since it has been around Nevada and New Jersey, in legislative proposals so far. The clause would ban companies that continued to accept US bets following the passage associated with the Internet that is unlawful Gambling Act (UIGEA) in 2006, thus precluding PokerStars from running in their state.

Tribal Warfare

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

However, Martin testified at this week’s hearing, arguing that an actor that is bad would limit the scope of and potential of the market.

‘Efforts by a choose few passions to rewrite longstanding and policy that is effective order to gain a competitive market advantage or even to lock away specific organizations isn’t into 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, whom want us into the market. We’re the worldwide leader in regulated online poker and hold more national licenses than any other operator. We look forward to bringing our best methods in responsible video gaming, online security, ecommerce, protection of players’ funds and game integrity to the California market,’ said man Templer, Group Director of Strategy and Business Development for the Rational Group, PokerStars’ parent company, into the press launch.

With a populace of over 38 million, Ca has the possible not just to the biggest online gambling market in America, but also one of the biggest in the entire world. It’s likely that California will be the next state to regulate online internet gambling, but it is unlikely to take place this year.

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