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 bottom line: Congress should keep us alone!’ that is the verdict from New Jersey State Senator Raymond Lesniak (D-Elizabeth) along with other Garden State legislators, who used hawaii’s yearly Chamber of Commerce trip to Washington DC a week ago as 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 will be backed by nevada Sands chairman Sheldon Adelson, and would effectively outlaw all kinds 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 initiative to modernize our video gaming industry through online video gaming,’ said Greenwald.’Yet Congressional action threatens to destroy this innovative and fledgling work before it offers a chance to be successful on its own merits. This dilemma should be left to the states, whom are best positioned to decide if and exactly how gaming that is online 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 dis Continue reading “New Jersey Politicos Attack Federal Anti-Gambling Bill”

California On Line Poker Bill Gets All But Morongo Support

California On Line Poker Bill Gets All But Morongo Support

The Morongo Tribe is the only one in California to don’t support the draft that is current poker bill, because of its alliance with PokerStars.

California’s tribal gaming operators have actually united behind a draft bill which could fundamentally legalize online poker in California, therefore opening what guarantees to be the biggest market in the us, and possibly one of the biggest into the world. In a letter to the sponsors for the draft that is current, Senator Lou Correa (D-Santa Ana) and Assemblyman Reginald Jones-Sawyer (D-Los Angeles), a coalition of Native American tribes announced they had arrive at terms and would be lending their support.

‘We are honored to inform you and your colleagues that for the time that is first five years, the undersigned tribal governments are united in support associated with the attached unified language that would authorize intrastate Internet poker in the State of California,’ starts the letter. ‘that we harness rather than cede the technology of the future for California and for our tribal communities. as you know, this journey has been long and difficult, but the challenges posed by the Internet demand’

Tribal Schism

The unification of the tribes is a substantial step on the trail towards legislation; nevertheless, of the signatories representing 13 tribal operators in the letter, there was one notable absence. The Morongo Band of Mission Indians has failed to endorse the Continue reading “California On Line Poker Bill Gets All But Morongo Support”

Japan Begins Casino Legalization Debate in Earnest

Japan Begins Casino Legalization Debate in Earnest

Japanese lawmaker Takeshi Iwaya, a proponent that is leading of casino legalization: ‘It’s best to hit whilst the iron is hot!’ (Image: JapanDailyPress.com)

The earth’s casino giants is closely watching developments in Japan next week because the country’s parliament known as the Diet is expected to begin debating a bill that seeks to legalize and regulate land-based casino gambling. Japan is seen being a sleeping giant for the industry: it’s estimated that a casino that is regulated here could eventually generate $40 billion in revenue annually, which would make it the 2nd largest on earth, after Macau. And Japan’s politicians are wanting to find new methods for revitalizing the economy and cash in on the Tokyo that is upcoming olympics 2020.

Strike While The Iron is Hot

The nation’s ruling Liberal Democrat Party submitted a bill to parliament in early December which is supported by friends in excess of 200 lawmakers. Also, Liberal Democrat Takeshi Iwaya, a respected proponent of the bill, stated he had recently secured support for the bill from a coalition partner and users of the main opposition party.

‘We are getting close to starting debate,’ he said this week. ‘It is best to strike while the iron is hot.’

Meanwhile, Prime Minister Shinzo Abe has been visiting casino resorts in Singapore, where he indicated their interest in the good impact that such ventures might have on the Japanese economy.

‘I think the bill will p Continue reading “Japan Begins Casino Legalization Debate in Earnest”

Meadowlands Casino Debated at East Coast Gaming Congress

Meadowlands Casino Debated at East Coast Gaming Congress

The Meadowlands Sports Complex has long attracted fans from New York, and some lawmakers hope a casino there could perform some same. (Image: Wikimedia Commons)

Since brand New Jersey first legalized casino gambling in 1976, it is often grasped that casinos were only meant for Atlantic City in the Garden State. That made sense, at least at that time: the resort town had fallen out of favor with tourists, and gambling was viewed as a way to bring cash back to the economy that is local. However with increasing competition from Pennsylvania and the specter of New York gambling enterprises on the horizon, some in hawaii now want to build a casino in a location that could compete with venues directly in neighboring states.

The concept of placing a casino within the Meadowlands located just outside of New York City was floated once more last week at the East Coast Gaming Congress in Atlantic City, attracting support also concern from those in attendance.

‘A casino in north Jersey, to be taxed at 50 or 60 percent, we could do a billion dollars in that location,’ said Assemblyman Ralph Caputo, a Democrat. ‘We’ve got become fighting for those customers. That’s what Pennsylvania is doing. That’s exactly what New York wants to do.’

Beating New York to industry

Caputo’s idea is to get a casino built within the Meadowlands before one is made in New York City. While the state of ny has started the licensing process for c Continue reading “Meadowlands Casino Debated at East Coast Gaming Congress”