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 week that is last.

‘ The line that is bottom Congress should leave 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 being a platform to denounce the Restoration of America’s Wire Act.

Lesniak, along side Assembly Speaker Vincent Prieto, Senate Majority Leader Lou Greenwald and Senate President Steve Sweeney, called on Congress to reject the bill, that will be supported by Las Vegas Sands chairman Sheldon Adelson, and would efficiently outlaw all types of online gambling nationwide (aside from horse racing), even the sale that is online of tickets.

Leave it towards the States

‘New Jersey policymakers took the initiative to modernize our video gaming industry through online gaming,’ said Greenwald.’Yet Congressional action threatens to destroy this innovative and fledgling work before it has a chance to be successful on its own merits. This dilemma should be kept to the states, who are best positioned to decide if and exactly how gaming that is online work in their communities, not by Washington.’

The bill was introduced final 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, because it had been a made without input from the public.

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

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

Warnings of Dangerous Black Marketplace Sites

‘Instead of a dangerous, overseas black market, consumers in the State of New Jersey have a safe spot to go a program that not only includes essential customer protections, but also generates 1000s of dollars in revenue,’ said Lesniak.

A ban would spell tragedy for nj, Nevada and Delaware the states that have already regulated online gambling as well as many lotteries around the country, and is ‘trampling on these states’ rights and individuals that are threatening liberties,’ said the legislators. Sweeney argued, meanwhile, that the Restoration of America’s Wire Act would curtail progress and growth that is economic.

‘It is disappointing that certain elements are working to dismantle New Jersey’s landmark internet gambling law,’ he said. ‘New Jersey’s law was produced over many years, by having a focus on security and safety. We have swiftly become a leader that is national the planet of Web gambling, so we simply cannot manage 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 steps to bring its casino industry into the century that is 21st and is building on the success of those efforts. Much like video gaming at casinos throughout the country, this might be clearly an issue most useful 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 concluding decision in brand New York State as to which will be granted a casino license. (Image: Joe Raedle/Getty)

Following last Wednesday’s deadline, the brand new York State Gaming Commission has announced that, in all, 22 groups have sent applications for upstate casino licenses, a lot more than ended up being initially expected. Each company 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 thus naturally was typically the most popular 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 sure to please state governor Andrew M. Cuomo, who may have encouraged casino companies to consider the area as it is in need of a financial boost, and that means these bidders may have a 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 proposing projects, also in Sullivan County, as are Trading Cove New York, a partnership between your 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 taking a look at East Greenbush, while Capital area Gaming is arranging a venture just south of Albany. Howe Caverns, in Schoharie County, has announced it is looking to partner having a casino operator in order to offer gaming at the tourist that is popular, and Pinnacle Entertainment is interested in a Rensselaer County site. Cordish has also said it’s thinking about the area, but hasn’t announced a site as yet.

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

Four others never have 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 to the Cynics

Governor Cuomo ended up being pleased by the amount of interest into the application procedure.

‘ The cynics stated, ‘You’re perhaps not gonna obtain the applications, individuals are not going to use, 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 this new York State Gaming Commission will determine in the fall which operators will get one associated with the four licenses. If applicants fail to submit their proposals by the deadline they will receive their $1 million application fees back. Of their applications, all applicants are required to demonstrate the economic advantages of their proposals, and that they are quite ready to start their resorts in 2016. They need to also have sufficient local support for their projects. Winners would need to pay licensing charges 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:

PokerStars’ designs on the potentially huge California online market took one step closer last week, after the announcement that the planet’s biggest on the web poker site has officially sealed a deal with the Morongo Band of Mission Indians, as well as the state’s biggest card rooms: the Commerce Club, the Hawaiian Gardens Casino and the Bicycle Casino.

Rumors associated with the agreement, that will theoretically allow PokerStars to produce its partners that are new online poker software and infrastructure should regulation enter 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 established and proven organizations that represent millions of California poker players,’ Morongo Chairman Robert Martin was quoted as saying in the production.

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

The production 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 doing Nevada and New Jersey, in legislative proposals therefore far. The clause would ban companies that proceeded to accept US bets after the passage associated with the Internet that is unlawful Gambling Act (UIGEA) in 2006, thus precluding PokerStars from operating in the state.

Tribal Warfare

Most of the California tribes are all for the clause, of course, fearful that it could be impossible 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 allow PokerStars to be part of the Golden State’s online gambling market.

Nonetheless, 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 choose few passions to rewrite longstanding and policy that is effective order to get a competitive market advantage or even to lock down specific organizations isn’t within the desires of consumers or the state and will be vigorously opposed by our coalition, online poker players and many others,’ he said.

PokerStars responded swiftly.'[We have] a great history with California poker players, who want us within the market. We have been the worldwide frontrunner in regulated online poker and hold more national licenses than just about any operator. We look forward to bringing our best methods in responsible video gaming, online security, e-commerce, protection of players’ funds and game integrity to your 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 population of over 38 million, Ca has the potential not just towards the biggest gambling that is online in America, but in addition one of the biggest in the planet. Its likely that California will be the next state to regulate online internet gambling, but it’s unlikely to happen this year.

Leave a Reply