U.S. Virgin Islands Could Offer Online Gambling

U.S. Virgin Islands Could Offer Online Gambling

The U.S. Virgin Islands may soon be able to offer gaming that is online but many caveats abound. (Image supply: Travel.usnews.com)

Most Americans understand the U.S. Virgin isles for warm weather and beaches that are beautiful they can see without having to get a passport. But because of a ruling that is recent the hawaiian islands’ Attorney General, this vacation spot may soon become simply as well-known as a property for on the web gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an impression to other Virgin isles officials, stating that the 2001 V.I. legislation that allowed for Web gambling companies to operate in the nation wouldn’t normally clash with any laws that are federal the usa, and therefore the law could finally be used to enable the territory to host Internet gambling companies. Until now, the territory had held off on actually enabling any online video gaming to go forward, because of warnings issued from the federal government.

However, as is frequently the case in these situations, things aren’t quite that clear cut. The law just allows for two companies to operate as ‘master service providers’ in the territory, shutting out any other operators that are potential. And one or more of those companies states they’ve lost most of their investors in the 12 years because the law has passed, as a result of the uncertainty around whether or not they’d ever be able to provide gaming that is online players.

Major Economic Influence

But if the two businesses were permitted to get forward with providing gaming that is online now, it may have huge impact on the territory. According to Nick Pourzal of USVI Host one regarding the two companies that could possibly offer Internet gaming under the current legislation he estimates that the maximum amount of as $30 million could go to the territory’s General Fund if both organizations were operating at full capacity.

Frazer’s opinion had beenn’t totally positive, however. The Attorney General gave many cautionary notes, including the fact that the Justice Department has changed its mind several times on exactly what states were permitted to do, and that legislation at the federal level could still change the game, as happened when Congress passed the Unlawful Internet Gambling and Enforcement Act (UIGEA) in 2006 over six pages.

‘I opine that the Virgin Islands Internet Gaming and Gambling Act is legal on its face,’ Frazer had written. ‘ However, caution should be the rule because the pitfalls come in the implementation of the law.’

Frazer also showed concern over just how far his viewpoint must certanly be taken, and exactly how much would be allowed under federal law.

‘There is concern whether the employment of the V.I.’s Web gaming and gambling platform works extremely well by people outside associated with Virgin Islands and not run afoul of the federal law.’

Still, the Casino Control Commission for the Virgin Islands has hailed the opinion being a significant action towards switching the territory into an online gaming hub. According to the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently working on agreements with states such as New Jersey that have actually approved online gambling, both to create strategic partnerships and to aid regulate play that is off-island their sites.

The Virgin isles Legislature may have something to state about just how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 work in an effort to allow more companies to really have the opportunity to compete for licenses. According to Rivera-O’Reilly, lots of the principals within the two companies designated as master companies were government insiders the law’s passage, and she plans to introduce an amendment to open up the certification process to competitive putting in a bid.

‘We must discover from our mistakes while making yes we do this properly, so that there is no-one to come in here and try to stop us,’ Rivera-O’Reilly said.

Ny Gambling Legislation to Expand Casinos Gets Voter Thumbs Up

Voters in brand New York State have approved gambling legislation that enables for major casino expansion (Image source: NYDailyNews)

Exactly What an it’s been for the land casino business back east, both good and bad week.

On Tuesday, voters in New York comfortably authorized a constitutional amendment that will significantly expand the brick-and-mortar casino industry in hawaii. New York’s gambling legislation, that has been to accept up to seven Las Vegas-style gambling enterprises in the continuing state, passed with approximately 57 percent of voters approving. It was at stark contrast to a wonderful defeat for brand new casinos in the Boston and Palmer areas of Massachusetts regarding the day that is same.

Cuomo’s Fight Pays Off

The vote was the culmination of a plan that is multi-year Governor Andrew Cuomo, who had navigated the complex web of gambling legislation interests in hawaii of New York in the future up with a proposal that is widely acceptable to many of the major players there. That included provisions that will leave protected areas for existing Native American casinos within the state by which companies that are private never be in a position to build.

But besides the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in nyc, there will now be a quantity of additional casinos that will be developed privately in various regions of the region. From the beginning, only four new casinos will likely be permitted a compromise that the State Legislature insisted on when they authorized the master plan in each of the last two sessions that are legislative. Those four casinos will be situated in various upstate regions: around Albany, in the Hudson Valley or the Catskills, and into the so-called Southern Tier that borders northern Pennsylvania.

Eventually, though, that could change. A casino could come to New york it self in about seven years, along with possibly up to two more into the suburbs near the town around that same time.

The casino vote surely saw some divisions within the state, though not on traditional political lines. While many New Yorkers saw the casino in order to boost local economies and retain gambling money that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there had been also a range that is wide of whom opposed the gambling legislation.

Not With No Battle

Conservative groups, including some Roman Catholic bishops and other spiritual leaders, warned that the income estimates supplied by the government were likely inflated and that the social ills that would show up with expanded gambling would outweigh the benefits that are economic. Meanwhile, progressive teams joined in the opposition, saying that the casinos would do the harm that is most to disadvantaged groups.

Since the election neared, opponents focused on the language getting used in the ballot proposition. As opposed to utilizing language that is neutral the ballot question referenced possible positive outcomes of casino expansion, such as additional jobs and increased tax income that could be used for schools. Casino opponents sued to have the language changed, while polling showed that help for the measure more than doubled when the more good language had been included. Eventually, the lawsuit was unsuccessful, as well as the question reached the ballot with the more language that is favorable.

Additionally, placating Native American tribal groups aided keep much cash from flowing into the anti-casino movement, while help for the amendment was well-funded by the video gaming industry. This helped prevent much in the real means of arranged opposition, with a lot more money and therefore, more television advertisements coming down on the side of casino supporters.

The New York State Gaming Commission will now appoint a panel that may award licenses to developers who wish to build in the Empire State. Of the upstate venues, the Catskills has attracted the attention that is most, once the region already possesses reputation as a resort destination.

If that happens, that knows; perhaps Borscht Belt comedy will even return to your long-gone showrooms of yesteryear there.

Ryan Riess Triumphs at 2013 WSOP Main Event

World Series of Poker (WSOP) Main Event winner Ryan Riess exhibits their bounty after his $8.3 million takedown of this event. (Image supply: Associated Press)

The first WSOP winner to be born in the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million in the process if anyone thought that the old-guard had made a comeback in WSOP Main Events, their opinions were well and truly readjusted after 23-year-old Ryan Riess.

The November Nine was shaping up to be a story of the experienced pros versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th place agonizingly short of the final table, the last group contained modern legends like JC Tran and online phenom, David ‘Raptor’ Benefield after a break of a several months.

But, Tran’s chip advantage going to the final table didn’t spend off, and after a blow-up of massive proportions against Jay Farber who’d been being employed as a bouncer and VIP host up until the WSOP he was gone in 5th.

With the ‘senior’ pro Amir Lehavot gone additionally, it had been right down to the Michigan State University graduate, Ryan Riess and Farber, to decide who would lift the gold bracelet and bag themselves place in the annals publications.

A Close Battle

Farber entered heads-up with the chip that is short, 105 million to Riess’s 85 million, nonetheless it was the more experienced college guy who made his skill tell.

After 30 fingers almost double the total amount of last year’s heads-up duel the breakthrough came.

Sitting on the button, Farber raised to 2 million, Riess pumped it to 5 million, and Farber possessed a re-pop to 8.8 million. Riess made the phone call, and Riess checked the 8d 4s flop that is 3c. Farber bet 6.7 million, and Riess made the decision to take the players to your turn.

The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to produce a cooking pot of 58.5 million. With the river 7s Riess checked once again, and Farber checked. Riess’s Jc Jh was good enough.

Into The Home Straight

With Ryan Riess using a 130 million 60 million lead, it absolutely was his game to lose, and despite a fightback that is brief Farber, Riess was never ever going to let his lead disappear.

Sitting on 15bb, Farber did make a comeback that is brief doubling up whenever moving all-in on a Kc 5h Qs flop. Riess flipped over Ks 10h for top-pair, with Farber’s Jc 10s in need of a nine or ace to result in the right. The 9h duly arrived in the change to give Farber the double-through, and send their legion of fans into apoplexy.

Short-Lived Hope For Farber

Despite a respite that is brief and being simply two cards away from elimination, Farber couldn’t build on his momentum, and two key hands saw the finish of his title challenge.

Both players checked, but when the turn fell 5s, Farber led out for 4 million with a flop of Ad Qd Kc. Riess made the decision, plus the Kh came in the river. Both players checked, Farber showed pocket nines, and Riess showed Ac 6d for top-pair, the tactile hand, and another step en route to the name.

Final Hand

Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration in the world as he saw Riess ah flip over Kh.

A flop of Jd 10d 4c changed little, however a five would still be good for Farber.

The turn of the gave that is 3c just one more card to save their tournament life. Because the huuuge login mobile crowd rose, the dealer peeled off the 4d in the river, and Riess was swamped by their buddies and family, as chants of ‘Riess the Beast’ rang down around the Rio Hotel’s Penn and Teller Theater.

The Green And White

For Riess, the $8,361,570 first prize was their. Just a few years ago, Riess was Business that is studying at State University, but a go on to Las Vegas implemented, and their poker journey began. Multiple cashes in the WSOP Circuit came, and his best cash before here runner-up in the WSOP-C Horseshoe Main Event had been all Riess had to show for his poker experience.

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