The accident occurred on Christmas Day 2009, and was allegedly caused by a faulty chair provided by the casino coming apart underneath Mr Tillis Davis. According to court documents, the 56 year-old man then apparently suffered “several and debilitating personal injuries on or about the entire head, neck, back, shoulders, arms, legs, torso and extremities” from the fall.
In addition to Mr Tillis Davis’ suing the Parx Casino and chair manufacturer Majestic Industries for his injuries, Mr Davis’ wife, Denise, has also brought a lawsuit against them, claiming she has been “deprived of the society, companionship, services and assistance of her husband” because of the accident.
On February 12th this year, an arbitration suggested the casino paid $30,000 in compensation to the couple, but this was flatly rejected by Parx. The case is now expected to go to court in May and last around three days. In the meantime, Parx Casino and the chair maker have denied any negligence in the case.
Commenting on the case, Mr Davis’ attorney Robert Price, said a video recording clearly shows the chair collapsing and his client falling out. Regarding the sum claimed, Price explained: “A good portion of this will go toward paying my client’s medical bills. He had to go through about three to four months of physical therapy.”
The business originally opened in 1974 and was called the Keystone Racetrack. It was then awarded a permanent casino license in 2006, before changing its name to Parx in 2009. The casino has since gone on to become one of Pennsylvania’s top-grossing casinos, and last year generated $560 million in revenue.
Casino Gambler Seeks $30k For Falling Off Chair
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Mr Green Partners with Bally Tech - Online Casino Archives
The bill specifies that players must be at least 21 years old, member of the casino’s players club, all accounts must be opened in person and any players that are self-excluded or banned from Pennsylvania casinos will have the status carried over to online gambling.
The bill allows any game that is permitted in the state’s casinos to be offered online, this includes poker, slots, video poker and table games.
At present the bill has been referred to the Committee on Gaming Oversight, now the bill must pass the committee and then it can be considered by the Pennsylvania House. It must then go through the same process in the State Senate.
Online Gambling Bill Sponsored in Pennsylvania - Online Casino Archives
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A Las Vegas firm, Ultimate Gaming, on Tuesday became the first in the US to offer online poker, restricting it, for now, to players in Nevada. New Jersey and Delaware also have legalised gambling over the internet and expect to begin offering such bets by the end of this year.
And many inside and outside the industry say the recent position taken by the federal government that states are free to offer Internet gambling - as long as it doesn't involve sports betting - will lead many cash-hungry state governments to turn to the web as a new source of tax revenue.
Ten other states have considered some form of internet gambling so far this year, but none has legalized it yet. Efforts to pass a national law legalizing online poker have sputtered, leaving states free to pass laws as they see fit.
"It's no longer a question of if internet gaming is coming; it's a question of when," said Frank Fahrenkopf, president of the American Gaming Association, the trade organisation for the nation's commercial brick-and -mortar casinos. "Unless there is a federal bill passed, we are going to have the greatest expansion of legalized gambling in the United States. I don't think that's what anyone intended, but it is what we're seeing."
The brave new world for gambling brings with it a host of questions and concerns. Will letting people bet online result in fewer visits to casinos, and therefore fewer dealers, beverage servers and hotel and restaurant workers at the casinos? Will Internet bets create a new revenue stream from new players, or will it simply redirect money from gamblers who otherwise would have visited a casino, and might have eaten dinner and seen a show, as well? And will it create even more problem gamblers?
Michael Frawley is chief operating officer of The Atlantic Club Casino Hotel, perhaps the most endangered of Atlantic City's 12 casinos. A deal for it to be sold to the parent company of PokerStars, the world's largest online poker website, is up in the air. The Atlantic Club's owners said Wednesday the deal was dead, but PokerStars said the next day it still wants to salvage the purchase. It was not immediately clear whether the deal will ultimately get done.
Frawley said the internet's vast reach could help double business at his casino, provided the right balance is struck between the online and physical gambling experiences for customers.
"If you go to the movies, you can watch one at home, or you can watch one in the theatre," he said. "Both of them can be a great experience."
Regardless of whether PokerStars buys The Atlantic Club, internet gambling is expected to take off in New Jersey before long. The Borgata Hotel Casino & Spa has said it is preparing to offer online gambling later this year, and Gary Loveman, CEO of Caesars Entertainment, has also said he expects his company's four Atlantic City casinos to grab a large share of New Jersey's online market.
Geoffrey Stewart is general manager of Caesars Online Poker. Parent company Caesars Entertainment's World Series of Poker brands, as well as its 37 casinos across the US, make it an early favourite to be a leader in online gambling. He said brick-and-mortar casinos such as Caesars Palace can use Internet play to complement their physical casinos.
"Someone comes to play with us online, we will be able to offer them seats to the real World Series of Poker, or offer them hotel rooms at Caesars Palace," he said. "Like any other business, you're always looking for what is the next distribution channel."
Not everyone in the industry is all-in, however.
The American Gaming Association conducted a study a few years ago on whether poker-only internet gambling - which it supports - would cannibalize the existing brick-and-mortar casinos. The study determined that it would not. But when internet gambling allows for casino games, such as in the bill recently adopted by New Jersey, the traditional casinos could suffer, Fahrenkopf said.
The most popular form of internet gambling is online poker.
When the Justice Department charged executives of three online poker sites in April 2011 with conducting illegal transactions, it was a US$6 billion a year industry. After the crackdown, it was largely on hiatus, because at the time, taking online bets from US customers was illegal. But not long afterward, the US Justice Department revised its stance, allowing states to take online bets so long as they didn't involve sporting events.
Eric Baldwin is a professional poker player who's eager to get back online again now that poker is once again available over the net.
"The money's good when things are good," he said. On the other hand, he acknowledges, "Most people don't go to work for 12 hours, do their best and come home down a couple thousand dollars."
He plans to at least try out legalised internet poker to see if the player pools are big enough to make it worthwhile.
Lawrence Vaughan, chief operating officer of South Point Poker, one of the first Nevada online licensees, said legalizing internet poker removes the stigma some people had associated with it.
"You had to move money in shady ways around the world to even play online," he said. "Now it's the sort of thing your mom could sign up for."
Ultimate Gaming CEO Tobin Prior, whose firm started taking poker bets Tuesday in Nevada, added, "Players won't have to worry if their money is safe. They are going to be able to play with people they can trust and know the highest regulatory standards have been applied."
PokerStars, one of the parties charged in the 2011 crackdown that came to be known in the industry as "Black Friday", later bought Full Tilt Poker, another defendant, and reached a settlement with the federal government, paying US$547 million to the Justice Department and US$184 m
At present, ten other states considered some form of Internet gambling but none has legalized it for now. Efforts to pass a national law to legalize online poker didn’t succeed. This left states free to pass laws with regards to online gambling.
There are lots of concerns connected to Internet gambling. Some casino operators fear that people would visit their establishments less. This could lead to the cutting of jobs, such as dealers, hotel and restaurant workers, and beverage servers.
Internet gambling could also lead to the creation of a new revenue stream from new players. People wonder whether it would redirect money from gamblers who would have otherwise visited a casino and ate dinner or watch a show. Some worry that this could create more problem gamblers.
The Atlantic Club Casino Hotel is one of the most endangered casinos in Atlantic City. The parent company of PokerStars, which is the world’s biggest online poker web site, signed a deal to purchase the casino but it looked like the deal’s future is still murky. Atlantic Club’s owners said Wednesday that the deal was off. The next day, PokerStars said it would want to salvage the purchase.
Michael Frawley, chief operating officer of the Atlantic Club Casino, said that the Internet could help double the casino’s business. They just need to get the right balance between online and physical gambling for their customers. Start playing today www-ixgames-com/reviews/online-casino/
» Casinos Prepare for Legalization of Internet Gambling - Ticker Report
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The association’s president, Frank Fahrenkopf, said, “By almost all measures, our industry is expanding and growing, which is good news for our employees and the communities where they live and work.”
There were 513 commercial casinos last year, an increase of 21 from 2011. Las Vegas is still the top gambling market with over $6.2 billion in revenue.
The report also found that of the 22 states with commercial casinos, 15 of them saw gambling revenues increase. The largest increases happened in Kansas, Maryland, Maine and New York, all of which opened new casinos last year.
However, New Jersey say the largest drop in casino revenue, despite opening a 12th casino, revenues in Atlantic City fell by 8% last year to just over $3 billion. The city’s casinos are fighting tough competition from neighbouring states and were also hurt by the effects of Superstorm Sandy.
US Casinos Enjoy Rising Revenues - Online Casino Archives
Commercial casinos in the US had a good year in 2012 with gambling revenues increasing by almost 5% and the number of jobs holding steady. The annual survey of casinos carried out by the American Gaming Association found that the nontribal casinos took in $37.3 billion last year, an increase of 4.8% from the 2011. This figure is the second highest ever, coming close to 2007 when casinos took $37.5 billion.
The association’s president, Frank Fahrenkopf, said, “By almost all measures, our industry is expanding and growing, which is good news for our employees and the communities where they live and work.”
There were 513 commercial casinos last year, an increase of 21 from 2011. Las Vegas is still the top gambling market with over $6.2 billion in revenue.
The report also found that of the 22 states with commercial casinos, 15 of them saw gambling revenues increase. The largest increases happened in Kansas, Maryland, Maine and New York, all of which opened new casinos last year.
However, New Jersey say the largest drop in casino revenue, despite opening a 12th casino, revenues in Atlantic City fell by 8% last year to just over $3 billion. The city’s casinos are fighting tough competition from neighbouring states and were also hurt by the effects of Superstorm Sandy.
US Casinos Enjoy Rising Revenues - Online Casino Archives
The Gambling Bill for Point of Consumption (POC) Tax, and required licensing for online casino and betting operators, proposed by the Department of Culture, Media and Sport (DCMS) passed the review of the UK parliament’s DCMS Select Committee. The passing signals the bill’s introduction to the Parliamentary for legislative proceedings.
The DCMS Select Committee approved the founding principle of the bill, as one that aims to regulate offshore-based Internet gambling operators on a point of consumption basis. This is in view of the apparent regulatory weaknesses as far as transparency, consistency and provision of Internet gambling information is concerned. Thus, it is necessary for offshore-based online gambling companies to contribute to funds that go toward the costs of regulatory measures, research, education and programs for the rehabilitation of problem gamblers
The proposed bill likewise includes obliging the remote Internet casinos and telephone-betting operators, to provide the Gambling Commission with information about any unusual and distrustful betting behaviors manifested by its UK players. Based on these, the select committee arrived at a conclusion that the imposition of the POC licensing fees and taxes are consequential to DCMS’ regulatory objectives.
However, the DCMS Select Committee instructed the Treasury Department to evaluate the proposed tax rate thoroughly, as the reviewing body took note of the concerns aired about the 15 percent POC tax on Gross Gaming Revenues (GGR). Based on UK Deloitte’s assessment, the high rate could drive about 40 percent of the existing offshore online gambling businesses, away from UK’s market and toward the gray market areas.
Although Internet gambling operators already licensed and based in the UK are exempt from paying the POC taxes, they are nonetheless, obligated to pay corporate taxes to the UK government.
Gambling Bill for Online Casino and Betting Operators Passes : ADI News
UK’s Proposed Gambling Bill for Online Casino and Betting Operators Passes Parliamentary Review
The Gambling Bill for Point of Consumption (POC) Tax, and required licensing for online casino and betting operators, proposed by the Department of Culture, Media and Sport (DCMS) passed the review of the UK parliament’s DCMS Select Committee. The passing signals the bill’s introduction to the Parliamentary for legislative proceedings.
The DCMS Select Committee approved the founding principle of the bill, as one that aims to regulate offshore-based Internet gambling operators on a point of consumption basis. This is in view of the apparent regulatory weaknesses as far as transparency, consistency and provision of Internet gambling information is concerned. Thus, it is necessary for offshore-based online gambling companies to contribute to funds that go toward the costs of regulatory measures, research, education and programs for the rehabilitation of problem gamblers
The proposed bill likewise includes obliging the remote Internet casinos and telephone-betting operators, to provide the Gambling Commission with information about any unusual and distrustful betting behaviors manifested by its UK players. Based on these, the select committee arrived at a conclusion that the imposition of the POC licensing fees and taxes are consequential to DCMS’ regulatory objectives.
However, the DCMS Select Committee instructed the Treasury Department to evaluate the proposed tax rate thoroughly, as the reviewing body took note of the concerns aired about the 15 percent POC tax on Gross Gaming Revenues (GGR). Based on UK Deloitte’s assessment, the high rate could drive about 40 percent of the existing offshore online gambling businesses, away from UK’s market and toward the gray market areas.
Although Internet gambling operators already licensed and based in the UK are exempt from paying the POC taxes, they are nonetheless, obligated to pay corporate taxes to the UK government.
Gambling Bill for Online Casino and Betting Operators Passes : ADI News
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Online Casinos See More Asian Payment Methods - Gaming - Onlinecasinoreports-com
Online gambling operators are beginning to understand the importance of catering to their Asian clientele, and the evidence is there in the form of an increasing number of payment methods for regional and local players.
Latest payment methods
Asiapay88 is an example of a simple and secure online casino payment method that is popular with players throughout eastern and south-east Asia. Available at a wide range of online casinos, poker rooms and sportsbooks, this option allows players to make deposits in Chinese Renminbi, Indonesia Ruppiah, Malaysian Ringgit, Vietnamese Dong and Thai Baht.
There is also a growing number of country-specific payment options, as seen by the recent introduction of two methods for Thai players: ECashAsia and PayBay are both secure, convenient deposit methods that allow customers to transfer funds from their bank account to their casino account.
Why go local?
The online casino industry has seen as surge in localized payment method, whether it be for the European audience, Latin American gamblers, or elsewhere. All these options have been designed to cater for players in their own currencies and languages, so why should Asian gambling be any different?
Major credit cards like Visa and MasterCard, plus leading online gambling e-wallet providers such as Skrill (Moneybookers) and Click2Pay are good options, but the fact is that they only conduct their transactions in US dollars, euros and other non-Asian currencies. By supporting the Asian payment methods, local gamblers are ultimately supporting themselves.
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