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 leave us alone!’ this is the verdict from New Jersey State Senator Raymond Lesniak (D-Elizabeth) and other Garden State legislators, who used hawaii’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 with Assembly Speaker Vincent Prieto, Senate Majority Leader Lou Greenwald and Senate President Steve Sweeney, called on Congress to reject the bill, that will be backed by Las Vegas Sands chairman Sheldon Adelson, and would effortlessly outlaw all types of online gambling nationwide (aside from horse race), even the online sale of lottery tickets.

Leave it to the States

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

The bill ended up being 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, as it was a made without input from the public.

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

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

Warnings of Dangerous Black Marketplace Web Sites

‘Instead of a dangerous, overseas black colored market, consumers in the State of New Jersey have a safe place to go a system that not only includes essential consumer protections, but additionally generates tens of thousands 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 much lotteries round the country, and could be ‘trampling on these states’ rights and threatening individuals’ liberties,’ 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 said. ‘New Jersey’s law ended up being developed over many years, with a concentrate on security and safety. We have ver quickly become a national leader in the entire world of online gambling, so we simply cannot manage to have all our work and effort undone by the whims of the few down in Washington.’

Prieto summarized the mood of indignation when he stated: ‘New Jersey has taken aggressive and innovative steps to bring its casino industry to the 21st century, and is building regarding the success of those efforts. Much like video gaming at casinos throughout the nation, this will be clearly an issue best left for the states to decide and regulate. New Jersey’s system should be left to be successful by itself.’

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 awarded a casino license. (Image: Joe Raedle/Getty)

After last Wednesday’s deadline, the New York State Gaming Commission has announced that, in all, 22 groups have applied for upstate casino licenses, much more than had been at first expected. Each company 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 your south, is the closest to New York City and so naturally had been 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 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 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 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 trying to redevelop a defunct ‘Borscht Belt’ resort.

Albany has five interested parties: 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 trying to partner with a casino operator in an effort to offer video gaming during the popular tourist resort, and Pinnacle Entertainment is interested in a Rensselaer County 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 for the 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 others 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 firm Clairvest.

Sticking it to your Cynics

Governor Cuomo had been delighted by the amount of interest in the application procedure.

‘ The cynics stated, ‘You’re not gonna obtain the applications, people are perhaps not going to apply, 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 full proposals is June 30 and a panel of the latest York State Gaming Commission will determine in the fall which operators will get one of the four licenses. If applicants don’t submit their proposals by the deadline they will 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 need to likewise have sufficient local support for their projects. Winners will have to pay licensing costs 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 last week, following statement that the planet’s biggest on line poker site has officially sealed a deal with the Morongo Band of Mission Indians, as well as the state’s biggest card spaces: the Commerce Club, the Hawaiian Gardens Casino and the Bicycle Casino.

Rumors for the agreement, which will theoretically allow PokerStars to deliver its partners that are new internet poker software and infrastructure should regulation come right into force, surfaced in March, but were made formal in a news 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 Ca poker players,’ Morongo Chairman Robert Martin was quoted as saying in the production.

‘we are confident that, together, we are able to give you a safe, secure, high-quality internet poker experience that brings financial benefits to California while providing the highest degree of accountability, choice, service, and protection for consumers,’ he included.

The production 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 ought to be included in a California bill, since it has been in Nevada and nj-new jersey, in legislative proposals so far. The clause would ban companies that continued to accept US bets following the passage of the Internet that is unlawful Gambling Act (UIGEA) in 2006, thus precluding PokerStars from operating in hawaii.

Tribal Warfare

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

But, Martin testified as of this week’s hearing, arguing that a bad actor clause would limit the scope of and potential of the market.

‘Efforts by a select few passions to rewrite longstanding and effective policy in order to gain a competitive market advantage or to lock away specific companies is not in the needs of consumers or the state and will be vigorously opposed by our coalition, online royal las vegas online casino poker players and others,’ he said.

PokerStars responded swiftly.'[We have] a history that is great California poker players, whom want us within the market. We are the worldwide leader in regulated online poker and hold more national licenses than every other operator. We enjoy bringing our best practices in responsible gaming, online security, e-commerce, 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, within the press release.

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