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Legislators are considering multibillion-dollar resorts and casinos for Miami's waterfront. Florida's gambling prospects certainly have gotten more ambitious since a constitutional amendment in 2004 paved the way for pari-mutuel racinos.
Then again, an economic decline has pinched state revenues, jacked up unemployment and changed attitudes. So the Legislature, which would have to approve legislation permitting megacasinos, is gearing up for bills and their lobbyists. The Sentinel's editorial board opposed expanded gambling when it appeared on the 2004 ballot. We remain concerned about its addictive impacts; how its revenues generally don't improve public education, despite promoters' promises; how those with the least to lose are among those most willing to risk their savings.
But gambling has, in fact, gained broader cultural acceptance. Millions of people wager money on state-run lottery games. Many cruise ships sailing out of our ports offer full casinos. And the Seminole Tribe's gambling palaces prove some adults find gambling highly entertaining.
We continue to believe what should be obvious to lawmakers: Allowing casinos in metro Orlando would severely undermine the family brand that makes the region an economic powerhouse. Disney and dice don't mix. Disney understands that, which is why its cruise ships are among the few without casinos. Las Vegas tried marketing itself as a family destination in the '90s but gave up and launched its "What happens in Vegas stays in Vegas" campaign.
Dropping casinos in some other regions also could spell disaster. St. Augustine's allure is Florida history, not Texas hold 'em. The Florida Keys' draw isn't five-card, it's environment and ambience.
Any casino expansion should be part of a comprehensive gambling strategy, which the state sorely lacks. The nation's fourth largest gambling state, with its lottery, pari-mutuels, Seminole operations, Internet cafes and now, potentially, super-sized casinos, cries out for one. Legislators must move to strictly regulate gambling, and that means a robust gaming commission that has teeth.
Legislators also mustn't give away the store. The casinos want to give the state a paltry 10 percent of their take after paying customers' winnings. That's ridiculous. Massachusetts is seeking 25 percent from casinos wanting to operate there. That's more like it.
We'd urge legislators to propose casinos only in regions whose business communities make the case that they'd enhance the economy, and where there's strong popular support for them. And, then, allow the casinos only if counties in those regions approve them in referendums.
Metro Orlando wouldn't qualify. Other regions might.
Then again, an economic decline has pinched state revenues, jacked up unemployment and changed attitudes. So the Legislature, which would have to approve legislation permitting megacasinos, is gearing up for bills and their lobbyists. The Sentinel's editorial board opposed expanded gambling when it appeared on the 2004 ballot. We remain concerned about its addictive impacts; how its revenues generally don't improve public education, despite promoters' promises; how those with the least to lose are among those most willing to risk their savings.
But gambling has, in fact, gained broader cultural acceptance. Millions of people wager money on state-run lottery games. Many cruise ships sailing out of our ports offer full casinos. And the Seminole Tribe's gambling palaces prove some adults find gambling highly entertaining.
We continue to believe what should be obvious to lawmakers: Allowing casinos in metro Orlando would severely undermine the family brand that makes the region an economic powerhouse. Disney and dice don't mix. Disney understands that, which is why its cruise ships are among the few without casinos. Las Vegas tried marketing itself as a family destination in the '90s but gave up and launched its "What happens in Vegas stays in Vegas" campaign.
Dropping casinos in some other regions also could spell disaster. St. Augustine's allure is Florida history, not Texas hold 'em. The Florida Keys' draw isn't five-card, it's environment and ambience.
Any casino expansion should be part of a comprehensive gambling strategy, which the state sorely lacks. The nation's fourth largest gambling state, with its lottery, pari-mutuels, Seminole operations, Internet cafes and now, potentially, super-sized casinos, cries out for one. Legislators must move to strictly regulate gambling, and that means a robust gaming commission that has teeth.
Legislators also mustn't give away the store. The casinos want to give the state a paltry 10 percent of their take after paying customers' winnings. That's ridiculous. Massachusetts is seeking 25 percent from casinos wanting to operate there. That's more like it.
We'd urge legislators to propose casinos only in regions whose business communities make the case that they'd enhance the economy, and where there's strong popular support for them. And, then, allow the casinos only if counties in those regions approve them in referendums.
Metro Orlando wouldn't qualify. Other regions might.
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2006/12/07
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October 17th 2011 is the start date for the 4th Annual Eastern European Gaming Summit. This year’s summit will be held at the Hotel Arena Di Serdica, in Sofia, Bulgaria. Attendees will also be invited to the Balkan Entertainment and Gaming Expo at the Inter Expo Center from the 18th to the 20th.
The event will be a must for those who are interested or are actively engaged in the online gambling industry. It will feature specialists from international consultant companies, national and international institutions. The cutting-edge conference was supported last year by the Bulgarian Gaming Association and includes both online and terrestrial gambling businesses.
The Balkan region and in particular the Eastern European Region has a great deal of potential and is in the process of expanding and regulating the jurisdiction. Interest has been growing in the presentations to be made by the Gaming Associations of Serbia, Croatia, Romania, Greece, Bulgaria, the Republic of Macedonia, Austria, Germany and Poland. As was the case last year in 2010 change has been never ending in the industry and the regulatory environment will be on the agenda this year too.
This year, the Summit will be held with the support of EUROMAT, the European Gaming and Amusement Federation, as a partner organization. EUROMAT, represents the amusement and gaming industry of 23 national gaming associations from 20 European countries in the European Union.
Participants for the Eastern European Gaming Summit have the opportunity to take in the workshops and discussions at the Balkan Entertainment and Gaming Expo from the 18th to 20th. Every year as many as 5000 business professionals attend the Expo. For those who have a unique product or service to present they will be given the opportunity at the presentation island for new technologies and services at BEGE Expo.
This a chance to learn from the experts and to network with people in the industry that are keen to share what they have with everyone who participates.
The event will be a must for those who are interested or are actively engaged in the online gambling industry. It will feature specialists from international consultant companies, national and international institutions. The cutting-edge conference was supported last year by the Bulgarian Gaming Association and includes both online and terrestrial gambling businesses.
The Balkan region and in particular the Eastern European Region has a great deal of potential and is in the process of expanding and regulating the jurisdiction. Interest has been growing in the presentations to be made by the Gaming Associations of Serbia, Croatia, Romania, Greece, Bulgaria, the Republic of Macedonia, Austria, Germany and Poland. As was the case last year in 2010 change has been never ending in the industry and the regulatory environment will be on the agenda this year too.
This year, the Summit will be held with the support of EUROMAT, the European Gaming and Amusement Federation, as a partner organization. EUROMAT, represents the amusement and gaming industry of 23 national gaming associations from 20 European countries in the European Union.
Participants for the Eastern European Gaming Summit have the opportunity to take in the workshops and discussions at the Balkan Entertainment and Gaming Expo from the 18th to 20th. Every year as many as 5000 business professionals attend the Expo. For those who have a unique product or service to present they will be given the opportunity at the presentation island for new technologies and services at BEGE Expo.
This a chance to learn from the experts and to network with people in the industry that are keen to share what they have with everyone who participates.
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2006/12/07
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Harry Reid must finally believe he has hit the jackpot, he has been trying unsuccessfully to get legislation passed for online gambling – unsuccessfully – for the longest time. Now he has been joined by the most unlikely pair, and like the Jokers in a pack of cards, turning up just when you need them, we couldn’t be more surprised. Where or not the trio will be successful in their effort is a moot point, but what is really beginning to strike home, is the support for the US online gambling industry, which appears to be growing by the day.
The two new politocos are Barney Frank and Joe Barton; one a Texas Conservative fire-brand, and the other a New England Liberal. Determined to get online gambling taken seriously as an industry with massive revenue potential for the country, this pair has been seen lobbying the so-called ’super committee’. Apparently even Sen. Jon Kyl (R-Ariz.), of the super committe is starting to soften his ultra-hard stance against online gambling, and the committee is taking a serious look at the options Frank and Barton have provided.
In a rare showing of “when I am wrong I say I am wrong” candour; Barney Frank has been heard to say that Prohibition didn’t do much for the public, other than cause more deaths due to bad booze. He also maintains that an additional $40 billion in revenues (estimated value for a US online gambling industry) over the next ten years is starting to look mighty attractive. He recons there is a very valid argument for online gambling, in respect of employment creation of a highly technical nature, as well as a big boost for tax revenue.
The ’supercommitte’ is a very powerful deficit-slashing committee; and this pair want their US online gambling option included in the final deficit-reduction package.
The two new politocos are Barney Frank and Joe Barton; one a Texas Conservative fire-brand, and the other a New England Liberal. Determined to get online gambling taken seriously as an industry with massive revenue potential for the country, this pair has been seen lobbying the so-called ’super committee’. Apparently even Sen. Jon Kyl (R-Ariz.), of the super committe is starting to soften his ultra-hard stance against online gambling, and the committee is taking a serious look at the options Frank and Barton have provided.
In a rare showing of “when I am wrong I say I am wrong” candour; Barney Frank has been heard to say that Prohibition didn’t do much for the public, other than cause more deaths due to bad booze. He also maintains that an additional $40 billion in revenues (estimated value for a US online gambling industry) over the next ten years is starting to look mighty attractive. He recons there is a very valid argument for online gambling, in respect of employment creation of a highly technical nature, as well as a big boost for tax revenue.
The ’supercommitte’ is a very powerful deficit-slashing committee; and this pair want their US online gambling option included in the final deficit-reduction package.
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2006/12/07
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29893
At the IZOD IndyCar Series season finale at Las Vegas Motor Speedway today, two-time Indy 500 winner Dan Wheldon died when he was involved in a 15-car accident during lap 11 of the race.
Thirty-three-year-old Wheldon had to be extricated from his car and was airlifted to a local hospital, but he subsequently succumbed to his injuries.
IndyCar CEO Randy Bernard announced Wheldon's death, saying, "IndyCar is very sad to announce that Dan Wheldon has passed away from unsurvivable injuries. Our thoughts and prayers are with his family today."
A rep for GoDaddy.com, one of Wheldon's sponsors, said: "Our thoughts and prayers go out to Dan Wheldon's family and friends on this sad, sad day. All of us in the IndyCar family feel an unexplainable sense of loss. Not just for the sport, but for all who knew Dan Wheldon. Dan was a family man, a father, a husband, a son and a brother. The two-time Indianapolis 500 winner was also a competitor and a colleague … our deepest condolences go out to all who knew Dan."
Wheldon is survived by his wife, his long-time personal assistant, Susie Behm, who he married in 2008, as well as their two sons: Sebastian and Oliver.
Thirty-three-year-old Wheldon had to be extricated from his car and was airlifted to a local hospital, but he subsequently succumbed to his injuries.
IndyCar CEO Randy Bernard announced Wheldon's death, saying, "IndyCar is very sad to announce that Dan Wheldon has passed away from unsurvivable injuries. Our thoughts and prayers are with his family today."
A rep for GoDaddy.com, one of Wheldon's sponsors, said: "Our thoughts and prayers go out to Dan Wheldon's family and friends on this sad, sad day. All of us in the IndyCar family feel an unexplainable sense of loss. Not just for the sport, but for all who knew Dan Wheldon. Dan was a family man, a father, a husband, a son and a brother. The two-time Indianapolis 500 winner was also a competitor and a colleague … our deepest condolences go out to all who knew Dan."
Wheldon is survived by his wife, his long-time personal assistant, Susie Behm, who he married in 2008, as well as their two sons: Sebastian and Oliver.
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2006/12/07
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Much attention was paid to a massive expansion of gambling in Illinois as it was being considered and eventually passed by the General Assembly at the end of session last spring.
In the months since Senate Bill 744 passed, speculation has shifted from the likelihood of the bill passing in the General Assembly to what Gov. Pat Quinn will do about it.
The bill itself has remained in limbo, never making its way to Quinn’s desk to be signed into law or vetoed.
The fact that the bill never was presented to Quinn is tantamount to legislators “thumbing their nose” at the Illinois Constitution, said state Sen. Dan Duffy, R-Lake Barrington.
Under Article 4 of the Illinois Constitution, a bill that passes both houses has to be signed by the speaker of the house and Senate president and delivered to the governor within 30 days.
All bets were off, however, after Senate President John Cullerton filed a motion to reconsider shortly after the bill passed in the Senate. This move effectively freezes the legislation until the next time the General Assembly meets, Duffy said. When legislators return this month, Duffy anticipates that Cullerton will withdraw his motion.
“This political tactic Cullerton is using to freeze the bill not only violates the spirit of our Illinois Constitution, it also is unprecedented,” Duffy said.
Among the items the bill would bring is a new Chicago casino and the subsequent creation of the Chicago Casino Development Authority to market and oversee the facility. Electronic gaming machines would be added at Illinois horse racing facilities, O’Hare and Midway airports, and the Illinois State Fairgrounds in Springfield.
The bill also allows four new riverboat casinos in Danville, Park City, Rockford and somewhere in south suburban Cook County. Existing riverboat casinos would receive expanded gaming positions that would increase the limit of 1,200 positions to a maximum of 2,000.
State Rep. Jack Franks, D-Marengo, voted against the bill and lamented the delay in action, as well, but said the maneuver is within bounds.
“It’s a tactic that can be used – it has been used in the past, rarely,” he said. “I think it’s one that should not be used. I think we should play it straight, and after the bill passes, you should immediately pass it to the governor. It’s legitimate and it’s legal, but it drags it out a lot longer.”
State Rep. Mike Tryon, R-Crystal Lake, voted against the bill and said his problems with the legislation were less with how it’s being maneuvered by his colleagues and more with its size and the way revenue gathered from it would be distributed.
“The revenue in part is going to pay down the state’s unpaid debt,” he said. “Part of it also goes for other things that aren’t in the budget, such as new capital items.”
State Sen. Pam Althoff, R-McHenry, said that her biggest problem with the bill was its sheer size.
“It’s significantly too large,” she said. “The number of boats, the number of slots, the placement of slots at the state fair. It’s like they couldn’t agree on anything so they put everything in that might add more support.”
Proponents of the bill emphasized its power to bring in two desirable items – revenue and jobs.
State Rep. Lou Lang, D-Skokie, said the legislation would create 90,000 jobs. He also said one-time gaming fees would generate an estimated $1.4 billion, and the expanded gaming industry will generate $400 million to $1 billion a year.
But Quinn has said that he believed the bill had “many, many defects,” and he opposed to its passage from the start.
Because lawmakers in favor of the legislation know this, Duffy said he thought supporters of the bill were using the delay to sweat Quinn out.
“Cullerton and his friends will use this tactic to pressure our weak governor into following their personal political agendas,” he said.
Tryon said he thought something else might be up, as well.
“I think there’s probably a rewrite of the bill if Cullerton hasn’t sent the bill over,” he said. “There’s some reason why they want to redo it, otherwise they would’ve removed the motion to reconsider.”
Franks said that although Quinn vowed to veto the bill, he wasn’t sure what the governor’s action ultimately would be.
“He usually listens to the last person he talks to,” Franks said. “So watch who he talks to last, because he’ll flip flop 14 times in between then.”
In the months since Senate Bill 744 passed, speculation has shifted from the likelihood of the bill passing in the General Assembly to what Gov. Pat Quinn will do about it.
The bill itself has remained in limbo, never making its way to Quinn’s desk to be signed into law or vetoed.
The fact that the bill never was presented to Quinn is tantamount to legislators “thumbing their nose” at the Illinois Constitution, said state Sen. Dan Duffy, R-Lake Barrington.
Under Article 4 of the Illinois Constitution, a bill that passes both houses has to be signed by the speaker of the house and Senate president and delivered to the governor within 30 days.
All bets were off, however, after Senate President John Cullerton filed a motion to reconsider shortly after the bill passed in the Senate. This move effectively freezes the legislation until the next time the General Assembly meets, Duffy said. When legislators return this month, Duffy anticipates that Cullerton will withdraw his motion.
“This political tactic Cullerton is using to freeze the bill not only violates the spirit of our Illinois Constitution, it also is unprecedented,” Duffy said.
Among the items the bill would bring is a new Chicago casino and the subsequent creation of the Chicago Casino Development Authority to market and oversee the facility. Electronic gaming machines would be added at Illinois horse racing facilities, O’Hare and Midway airports, and the Illinois State Fairgrounds in Springfield.
The bill also allows four new riverboat casinos in Danville, Park City, Rockford and somewhere in south suburban Cook County. Existing riverboat casinos would receive expanded gaming positions that would increase the limit of 1,200 positions to a maximum of 2,000.
State Rep. Jack Franks, D-Marengo, voted against the bill and lamented the delay in action, as well, but said the maneuver is within bounds.
“It’s a tactic that can be used – it has been used in the past, rarely,” he said. “I think it’s one that should not be used. I think we should play it straight, and after the bill passes, you should immediately pass it to the governor. It’s legitimate and it’s legal, but it drags it out a lot longer.”
State Rep. Mike Tryon, R-Crystal Lake, voted against the bill and said his problems with the legislation were less with how it’s being maneuvered by his colleagues and more with its size and the way revenue gathered from it would be distributed.
“The revenue in part is going to pay down the state’s unpaid debt,” he said. “Part of it also goes for other things that aren’t in the budget, such as new capital items.”
State Sen. Pam Althoff, R-McHenry, said that her biggest problem with the bill was its sheer size.
“It’s significantly too large,” she said. “The number of boats, the number of slots, the placement of slots at the state fair. It’s like they couldn’t agree on anything so they put everything in that might add more support.”
Proponents of the bill emphasized its power to bring in two desirable items – revenue and jobs.
State Rep. Lou Lang, D-Skokie, said the legislation would create 90,000 jobs. He also said one-time gaming fees would generate an estimated $1.4 billion, and the expanded gaming industry will generate $400 million to $1 billion a year.
But Quinn has said that he believed the bill had “many, many defects,” and he opposed to its passage from the start.
Because lawmakers in favor of the legislation know this, Duffy said he thought supporters of the bill were using the delay to sweat Quinn out.
“Cullerton and his friends will use this tactic to pressure our weak governor into following their personal political agendas,” he said.
Tryon said he thought something else might be up, as well.
“I think there’s probably a rewrite of the bill if Cullerton hasn’t sent the bill over,” he said. “There’s some reason why they want to redo it, otherwise they would’ve removed the motion to reconsider.”
Franks said that although Quinn vowed to veto the bill, he wasn’t sure what the governor’s action ultimately would be.
“He usually listens to the last person he talks to,” Franks said. “So watch who he talks to last, because he’ll flip flop 14 times in between then.”
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2006/12/07
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Thursday saw the Massachusetts Senate approve a bill that would see amendments to the state’s existing gambling bill, with the potential to generate millions of dollars in tax revenue. The vote, which passed at 24-14, was the climax to several preceding days when debates on the subject were held practically around the clock, and which saw senators reject more than 100 amendments before adopting a few dozen.
Last month, the House passed a similar bill and the next obstacle is to try and resolve it with the most recent gambling bill passed by the Senate. The common denominator between the two bills is that that they both make allowances for three resort style casinos and a single slots parlor in the state. The casinos would be scattered in different regions around the state, one in the east, one in the west while the third will be located in Massachusett’s southeast. One of these three licenses would be given to an American Indian tribe, and bids on licenses would begin at $85 million to ensure maximum revenues for the state.
According to Therese Murray, Senate President: “This is an economic development bill. It’s going to create jobs and we have over 250,000 people out of work in the Commonwealth and that’s why we are doing this.”
Forty percent of the slots parlor’s revenues will return to Massachusetts, while 25% of casino revenue will benefit the state.
Naturally, there has been much opposition to this bill, with opponents arguing that the bad social consequences could outweigh economic benefits. “I continue to believe that this is the wrong direction for Massachusetts to go in,” said Senator Sonia Chang-Diaz. “Bringing casinos to Massachusetts in order to close our budget gap is a tax on the poor. It’s another way of taxing poor and working class families.”
Last month, the House passed a similar bill and the next obstacle is to try and resolve it with the most recent gambling bill passed by the Senate. The common denominator between the two bills is that that they both make allowances for three resort style casinos and a single slots parlor in the state. The casinos would be scattered in different regions around the state, one in the east, one in the west while the third will be located in Massachusett’s southeast. One of these three licenses would be given to an American Indian tribe, and bids on licenses would begin at $85 million to ensure maximum revenues for the state.
According to Therese Murray, Senate President: “This is an economic development bill. It’s going to create jobs and we have over 250,000 people out of work in the Commonwealth and that’s why we are doing this.”
Forty percent of the slots parlor’s revenues will return to Massachusetts, while 25% of casino revenue will benefit the state.
Naturally, there has been much opposition to this bill, with opponents arguing that the bad social consequences could outweigh economic benefits. “I continue to believe that this is the wrong direction for Massachusetts to go in,” said Senator Sonia Chang-Diaz. “Bringing casinos to Massachusetts in order to close our budget gap is a tax on the poor. It’s another way of taxing poor and working class families.”
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2006/12/07
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29893
Leading sports and financial bookmaker Spreadex has expanded its product range with the launch of a new online casino.
The development means the St Albans-based company is now the only UK gambling firm to offer sports fixed odds and spread betting, financial trading and casino gaming all from the same account.
Some of the casino choices available include card, slot and table games plus video poker and a live dealer feature where users can view and interact with real-life croupiers.
Spreadex spokesman Andy MacKenzie said: “This is the latest in a series of new features we have introduced to our customers following our iPhone financial spread betting application in August and our Mobile Sports Betting Platform and sports fixed odds offering last year.
“New customer numbers as well as bet levels have been fantastic so far this year and we’re hoping the casino product will help to keep business strong before a planned revamp of our financial spread betting platform in early 2012.”
Spreadex, which saw annual profits double to £11m at the end of its financial year in May 2011, has also been shortlisted for a number of industry awards.
The firm has been nominated for Best Spread Betting Provider at the annual Shares Awards, Sports Spread Betting Operator of the Year at the EGR Awards and Excellence for FX Services at the IAIR Awards.
About Spreadex: Spreadex Ltd is a financial and sports spread betting and sports fixed odds betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the most experienced spread betting firms in the industry with a strong reputation for its high level of customer service and account management. Editor’s note: In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Services Authority. Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved. In relation to fixed odds, Spreadex Ltd is licensed and regulated by the Gambling Commission under licence number 000-008835-R-104580-004. In relation to casino betting, Spreadex Ltd is operating under an AGCC approved Business Association with AGCC Class II License Holder, Chartwell Games (Alderney) Ltd, License #068.
The development means the St Albans-based company is now the only UK gambling firm to offer sports fixed odds and spread betting, financial trading and casino gaming all from the same account.
Some of the casino choices available include card, slot and table games plus video poker and a live dealer feature where users can view and interact with real-life croupiers.
Spreadex spokesman Andy MacKenzie said: “This is the latest in a series of new features we have introduced to our customers following our iPhone financial spread betting application in August and our Mobile Sports Betting Platform and sports fixed odds offering last year.
“New customer numbers as well as bet levels have been fantastic so far this year and we’re hoping the casino product will help to keep business strong before a planned revamp of our financial spread betting platform in early 2012.”
Spreadex, which saw annual profits double to £11m at the end of its financial year in May 2011, has also been shortlisted for a number of industry awards.
The firm has been nominated for Best Spread Betting Provider at the annual Shares Awards, Sports Spread Betting Operator of the Year at the EGR Awards and Excellence for FX Services at the IAIR Awards.
About Spreadex: Spreadex Ltd is a financial and sports spread betting and sports fixed odds betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the most experienced spread betting firms in the industry with a strong reputation for its high level of customer service and account management. Editor’s note: In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Services Authority. Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved. In relation to fixed odds, Spreadex Ltd is licensed and regulated by the Gambling Commission under licence number 000-008835-R-104580-004. In relation to casino betting, Spreadex Ltd is operating under an AGCC approved Business Association with AGCC Class II License Holder, Chartwell Games (Alderney) Ltd, License #068.
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2006/12/07
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In fulfillment of the directions of the Washington city council, DC Lottery has just completed the first of the eight public consultations. This was in Ward 5. As per a report in The Washington Times, the residents of this ward did not come out against online gambling, but did express displeasure at the manner the bill was passed. It was attached to a budget measure and driven through without adequate discussion by independent councilor Michael A. Brown.
The 90 minute public consultation meeting opened with DC Lottery executive director Buddy Roogow giving a slideshow presentation. The salient features of the present proposal were highlighted in the presentation. The online casino games offered will be accessible from inside the District of Columbia only. The initial offering will include blackjack, bingo, lottery scratch cards, and Texas Hold'em poker. The recreational and social gamblers interested will have to register a dedicated bank account from which they will be able to deposit a maximum of $250 a week. Individual player losses will be capped annually at $13,000. Players will have to use their own computers to wager and the online casino games will not be accessible over mobile networks.
Roogow explained that substantial software is being developed to ensure that the players are located within the District in accordance with the law requiring the city to establish a system that prevents outsiders from playing. Roogow assured the citizens that DC Lottery would offer help for problem gamblers. One objection raised by some citizens was that the proceedings of the online gambling initiative should not go into the city's general fund but should be earmarked for specific needs in the District such as education.
Meanwhile, in the state of Massachusetts Republican Representative Dan Winslow's amendment seeking to legalize some forms of intra state online gambling has run into a road block. It may be recalled that Winslow had an amendment attached to the bill permitting land casinos for exploring the possibilities of online gambling as well. The bill with the amendment was passed by the House last month. However the Massachusetts Senate passed the bill 24 to 14 this week, but without the online gambling amendment.
The standard procedure requires that if there are differences in bills ultimately passed by the House and the Senate, they be rationalized by a conference committee representing both legislative bodies. This committee tries to cover the requirements of both and tries to smooth out any remaining anomalies. Despite Winslow's claim that intra state online gambling could provide a significant revenue source, create high tech jobs in the software and regulatory arenas and cater to a definite demand for online gambling in Massachusetts, the expert opinion is that the committee will not address the online gambling amendment.
The 90 minute public consultation meeting opened with DC Lottery executive director Buddy Roogow giving a slideshow presentation. The salient features of the present proposal were highlighted in the presentation. The online casino games offered will be accessible from inside the District of Columbia only. The initial offering will include blackjack, bingo, lottery scratch cards, and Texas Hold'em poker. The recreational and social gamblers interested will have to register a dedicated bank account from which they will be able to deposit a maximum of $250 a week. Individual player losses will be capped annually at $13,000. Players will have to use their own computers to wager and the online casino games will not be accessible over mobile networks.
Roogow explained that substantial software is being developed to ensure that the players are located within the District in accordance with the law requiring the city to establish a system that prevents outsiders from playing. Roogow assured the citizens that DC Lottery would offer help for problem gamblers. One objection raised by some citizens was that the proceedings of the online gambling initiative should not go into the city's general fund but should be earmarked for specific needs in the District such as education.
Meanwhile, in the state of Massachusetts Republican Representative Dan Winslow's amendment seeking to legalize some forms of intra state online gambling has run into a road block. It may be recalled that Winslow had an amendment attached to the bill permitting land casinos for exploring the possibilities of online gambling as well. The bill with the amendment was passed by the House last month. However the Massachusetts Senate passed the bill 24 to 14 this week, but without the online gambling amendment.
The standard procedure requires that if there are differences in bills ultimately passed by the House and the Senate, they be rationalized by a conference committee representing both legislative bodies. This committee tries to cover the requirements of both and tries to smooth out any remaining anomalies. Despite Winslow's claim that intra state online gambling could provide a significant revenue source, create high tech jobs in the software and regulatory arenas and cater to a definite demand for online gambling in Massachusetts, the expert opinion is that the committee will not address the online gambling amendment.
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2006/12/07
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Ireland’s Minister for Justice Alan Shatter has said one reason for the move to regulate online casinos is to tax the revenue of Internet casino operators. Another reason, he has mentioned, is to limit the casinos in both size and number. The Irish love to gamble on ponies and other sports, but the laws on the books are outdated—some were written in the 1930s!
“The shortcomings in the current law, for example, the absence of any regulation of on-line gambling, are exposing young people and other vulnerable persons to unacceptable risks,” said the Justice Minister. “The exchequer is also being short-changed because of the absence of a taxation regime for on-line and other forms of remote gambling.”
The new law is expected to be put forth next spring and will allow licensing of online operators.
This will force the operators to stay within the tax rules. While some might think current operators would be against the new code, Paddy Power, one Irish bookmaker is not. Today, Paddy Power pays its taxes where its servers are installed, on its Isle of Man. The new tax scheme would likely cost the company more, but a spokesperson for the company claimed it would comply happily with the new taxes—if they were just and to all the interested parties.
“It’s the policing of the legislation that is the most important thing. Irish and international players need to be taxed equally,” said the spokesperson.
The law will give the minister for justice 100 percent of the power to supervise, inspect and enforce the regulations concerning gaming facilities. Right now, the powers are divided by two ministers—justice and finance. In addition, the proposed laws state that large resort-style casino operations will not be
“The shortcomings in the current law, for example, the absence of any regulation of on-line gambling, are exposing young people and other vulnerable persons to unacceptable risks,” said the Justice Minister. “The exchequer is also being short-changed because of the absence of a taxation regime for on-line and other forms of remote gambling.”
The new law is expected to be put forth next spring and will allow licensing of online operators.
This will force the operators to stay within the tax rules. While some might think current operators would be against the new code, Paddy Power, one Irish bookmaker is not. Today, Paddy Power pays its taxes where its servers are installed, on its Isle of Man. The new tax scheme would likely cost the company more, but a spokesperson for the company claimed it would comply happily with the new taxes—if they were just and to all the interested parties.
“It’s the policing of the legislation that is the most important thing. Irish and international players need to be taxed equally,” said the spokesperson.
The law will give the minister for justice 100 percent of the power to supervise, inspect and enforce the regulations concerning gaming facilities. Right now, the powers are divided by two ministers—justice and finance. In addition, the proposed laws state that large resort-style casino operations will not be
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2006/12/07
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The current draft gambling law in Germany has recently come under the microscope by the European Commission. At the present time, the European Union has been raising a number of very serious doubts about whether or not it will decide to officially end the state’s monopoly over online gaming.
In a statement that was released in July of this year, the European Commission emailed a statement that they feel that Germany should not, at the time, adopt a draft gambling treaty. The email pointed to the fact that the regulations provided by Germany were in direct violation of a number of laws under the European Union.
It was not made abundantly clear the aspects of the proposed gambling regulations by Germany were considered to be offensive. Other reports have stated that these gambling regulations would actually get rid of the monopoly the 16 states in Germany hold over lotteries and sports betting. However, earlier in July, one online gambling firm did file a complaint that new laws created would actually limit the number of licenses private betting companies would be able to obtain.
Weighing in on this current debate is the European Gaming and Betting Association. Sigrid Linge, the Secretary General of the European Gaming and Betting Association, stated that the current German draft treaty, which the federal states in Germany agreed upon, did have a number of listed provisions that were in direct conflict with laws created by the European Union.
Linge said that looking at the prohibitive tax on some wagers, which the incumbent monopoly is exempt from, as well as a number of other provisions, will “slam the door” on a number of operators in the European Union from other European Union member states, thereby actually extended the monopoly for not just online games, but offline ones as well.
In a statement that was released in July of this year, the European Commission emailed a statement that they feel that Germany should not, at the time, adopt a draft gambling treaty. The email pointed to the fact that the regulations provided by Germany were in direct violation of a number of laws under the European Union.
It was not made abundantly clear the aspects of the proposed gambling regulations by Germany were considered to be offensive. Other reports have stated that these gambling regulations would actually get rid of the monopoly the 16 states in Germany hold over lotteries and sports betting. However, earlier in July, one online gambling firm did file a complaint that new laws created would actually limit the number of licenses private betting companies would be able to obtain.
Weighing in on this current debate is the European Gaming and Betting Association. Sigrid Linge, the Secretary General of the European Gaming and Betting Association, stated that the current German draft treaty, which the federal states in Germany agreed upon, did have a number of listed provisions that were in direct conflict with laws created by the European Union.
Linge said that looking at the prohibitive tax on some wagers, which the incumbent monopoly is exempt from, as well as a number of other provisions, will “slam the door” on a number of operators in the European Union from other European Union member states, thereby actually extended the monopoly for not just online games, but offline ones as well.
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2006/12/07
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Regardless of how it works out, you have to admit that the Merge Gaming Network has some guts.
The small online poker network is looking to fill the gaping void in the poker market by re-opening its doors to United States customers. The network laid out the welcome mat on Thursday, and while it has not made any official announcements, member sites such as Carbon Poker, Pokerview, Lock Poker, RPM Poker, and Black Chip Poker have all begun bringing U.S. players back into the fray.
Merge stopped accepting United States customers in the beginning of June, though it still allowed customers to continue to play at its virtual tables. Unlike larger competitors Absolute Poker, PokerStars, and Full Tilt Poker, who were all forced out of the U.S. market as a result of the Black Friday indictments, or even others who left the U.S. because of the Black Friday scare, Merge made its decision for its own reasons.
With the elimination of the big boys, Merge saw its player numbers surge; cash game traffic had increased 79 percent a month after Black Friday, according to PokerScout-com. This was great for the network’s member rooms, but it created one big problem: the flood of refugees caused headaches for the payment processing department.
At the time of the new U.S. player ban, Merge was experiencing a two week backlog of cashout requests. There was no relief in sight, either, so in order to keep things from getting worse and angering their loyal players, Merge shut off the flow of new U.S. players. The plan was for it to be a temporary move, though there was no specific duration for the “freeze out” announced.
Rumors popped up a couple times this summer that Merge was “close” to re-opening in the United States. In mid-July, word was that Merge might start accepting new U.S. customers by around the end of the month, but that obviously did not happen. Then, in the second week of August, a report came out that it could happen within a week or so. Again, it did not happen on a network-wide basis, though Sportsbook-com did begin new U.S. customers.
But now, even though the network has told skins to not be too vocal in making the decision know to the general public, Merge is open for business once again in the U.S. Currently, the Merge Gaming Network ranks as the 12th largest online poker room or network in terms of cash game traffic, according to PokerScout-com. With the wasteland that is U.S. internet gambling, that makes it the biggest U.S.-facing network, ahead of Bodog (13th) and the Cake Poker Network (20th). Bodog will be shutting out U.S. players completely at the turn of the year. As new players begin to signup, Merge might be able to break into the top ten. With a seven day average of 1,140 cash game players, it is just 40 players behind iPoker.it, though it does have a ways to go to overtake the Entraction network, which has a seven day average of 1,300 cash game players.
Carbon Poker and Pdc Poker
Blackjack is the most popular casino banking game in the world play Blackjack at Carbon Poker or Pdc Poker . Also commonly known as 21, it is a game played against the house where the objective is to get your hand value closer to 21 than the dealers, without going over 21.
The small online poker network is looking to fill the gaping void in the poker market by re-opening its doors to United States customers. The network laid out the welcome mat on Thursday, and while it has not made any official announcements, member sites such as Carbon Poker, Pokerview, Lock Poker, RPM Poker, and Black Chip Poker have all begun bringing U.S. players back into the fray.
Merge stopped accepting United States customers in the beginning of June, though it still allowed customers to continue to play at its virtual tables. Unlike larger competitors Absolute Poker, PokerStars, and Full Tilt Poker, who were all forced out of the U.S. market as a result of the Black Friday indictments, or even others who left the U.S. because of the Black Friday scare, Merge made its decision for its own reasons.
With the elimination of the big boys, Merge saw its player numbers surge; cash game traffic had increased 79 percent a month after Black Friday, according to PokerScout-com. This was great for the network’s member rooms, but it created one big problem: the flood of refugees caused headaches for the payment processing department.
At the time of the new U.S. player ban, Merge was experiencing a two week backlog of cashout requests. There was no relief in sight, either, so in order to keep things from getting worse and angering their loyal players, Merge shut off the flow of new U.S. players. The plan was for it to be a temporary move, though there was no specific duration for the “freeze out” announced.
Rumors popped up a couple times this summer that Merge was “close” to re-opening in the United States. In mid-July, word was that Merge might start accepting new U.S. customers by around the end of the month, but that obviously did not happen. Then, in the second week of August, a report came out that it could happen within a week or so. Again, it did not happen on a network-wide basis, though Sportsbook-com did begin new U.S. customers.
But now, even though the network has told skins to not be too vocal in making the decision know to the general public, Merge is open for business once again in the U.S. Currently, the Merge Gaming Network ranks as the 12th largest online poker room or network in terms of cash game traffic, according to PokerScout-com. With the wasteland that is U.S. internet gambling, that makes it the biggest U.S.-facing network, ahead of Bodog (13th) and the Cake Poker Network (20th). Bodog will be shutting out U.S. players completely at the turn of the year. As new players begin to signup, Merge might be able to break into the top ten. With a seven day average of 1,140 cash game players, it is just 40 players behind iPoker.it, though it does have a ways to go to overtake the Entraction network, which has a seven day average of 1,300 cash game players.
Carbon Poker and Pdc Poker
Blackjack is the most popular casino banking game in the world play Blackjack at Carbon Poker or Pdc Poker . Also commonly known as 21, it is a game played against the house where the objective is to get your hand value closer to 21 than the dealers, without going over 21.
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2006/12/07
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It was just a few weeks back that we reported that Jennifer Lopez and Hangover star Bradley Cooper were seen together while having a business dinner but it seems that those dinners have turned into a little more than just business as it was reported that the two are now casually dating. Is there love in the air for Bradley and J-Lo?
It has been sources close to Jennifer Lopez that responded to claims after the two were seen on Saturday driving away together with Jenn covering her face completely as she might not have been picture perfect or wasn’t exactly ready to face today’s headlines.
Just this summer, Lopez ended her longtime marriage to crooner Marc Anthony so it has been good to see her bounce back so quickly. A source close to the American Idol judge told People Magazine that, “She does like the attention, and it makes her feel good that he seems to be so into her. She has a fun time with Bradley and he makes her laugh.”
The 36-year-old star who is six years her junior has not commented concerning their budding relationship but they both actually seem to be rebounding since her recent divorce as well as his separation back in March from actress Renee Zellweger. It sounds like a good pairing for both of them even if it’s just a temporary situation – or not.
It has been sources close to Jennifer Lopez that responded to claims after the two were seen on Saturday driving away together with Jenn covering her face completely as she might not have been picture perfect or wasn’t exactly ready to face today’s headlines.
Just this summer, Lopez ended her longtime marriage to crooner Marc Anthony so it has been good to see her bounce back so quickly. A source close to the American Idol judge told People Magazine that, “She does like the attention, and it makes her feel good that he seems to be so into her. She has a fun time with Bradley and he makes her laugh.”
The 36-year-old star who is six years her junior has not commented concerning their budding relationship but they both actually seem to be rebounding since her recent divorce as well as his separation back in March from actress Renee Zellweger. It sounds like a good pairing for both of them even if it’s just a temporary situation – or not.
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2006/12/07
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Warning he would veto the current version of a gambling expansion bill, Illinois Gov. Pat Quinn Monday handed lawmakers an alternative plan that scales back the number of new gaming sites, imposes state regulatory control over a new Chicago casino, and sweetens fiscal benefits for the state.
“I believe the current bill is top-heavy with too many new gambling locations. I will only support a smaller, more balanced and modest expansion. As long as I’m governor, Illinois will not become the Las Vegas of the Midwest,” Quinn said, calling the original plan severely flawed.
In order to appeal to a broad range of lawmakers and win approval in May, the authors of Senate Bill 744 offered up a broad expansion menu allowing for five new casinos, slots at Chicago’s airports, the state fair, and racetracks.
Shortly after its passage, Quinn said he opposed such an expansive bill but stopped short of saying he would veto the package, and legislative leaders never sent the bill to his desk.
On Monday, he floated a revised package that outlined the changes needed to win his approval. They could be taken up during the General Assembly’s six-day fall veto session that begins next week or in the regular session that opens early next year.
The governor’s plan — like the legislation — allows for five new casino licenses, including one for Chicago, Danville, Rockford, Lake County and southern Cook County.
But it does not permit slots at Chicago’s airports, the state fair, or state race tracks and it bars video gambling in communities that oppose it.
The proposed casino sites allow for economically depressed areas to generate greater revenue and are designed to stem the flow of gambling dollars to border states with casinos like Indiana and Wisconsin, Quinn said.
He suggested Chicago qualifies for a license because it is facing a $635 million budget deficit in 2012.
Quinn wants a revised bill to cut the tax breaks provided to existing casinos and raise the state’s share in gambling taxes depending on a casino’s gross receipts to bring it in line with current rates.
The state would also receive its one-time licensing fees more quickly. The current bill gives casinos between four and nine years after their opening to pay the state.
“Illinois and its bills cannot wait that long,” Quinn’s documents read.
“Any bill should be restructured for prospective casino owners to competitively bid for the license, in order to maximize bids and for the state to receive as much of the one-time casino license payments up front as possible.”
Illinois closed out the first quarter of fiscal 2012 with $3.8 billion in overdue bills. The bill’s sponsors originally said it would generate an estimated $1.5 billion in up-front licensing fees and about $500 million in annual revenue would go to education and public works spending.
Quinn’s proposal would bring a new Chicago casino under the regulatory oversight of the state gaming board. The current bill gives much of the oversight authority to a new local agency.
He also wants to impose greater regulatory oversight than allowed under the approved package and wants to remove deadlines imposed on gaming board decisions on licensing and regulatory issues.
“The Illinois Gaming Board must be equipped with ultimate oversight authority and the necessary tools to continue its exemplary record of keeping corruption out of our gaming industry,” he said.
The governor also would ban campaign contributions to elected officials by gaming licenses and casino managers similar to action taken by a handful of other states.
Chicago Mayor Rahm Emanuel, who pressed for inclusion of a Chicago license in the legislation, issued a statement saying he was encouraged by Quinn’s announcement.
“We are anxious to work with him and the leadership in the Illinois General Assembly so that we can soon begin creating tens of thousands of jobs for Chicagoans and make the investment in the city’s aging infrastructure that will secure a successful future for Chicago,” according to the statement.
A spokesman for Senate President John Cullerton, D-Chicago, said of the governor’s announcement: “We welcome his suggestions and input.”
Lawmakers already face a crowded agenda in their upcoming veto session. In addition to possible changes to the state’s $33.2 billion fiscal 2012 operating budget, lawmakers face pressure to take up pension reforms and changes to the retiree health care.
Illinois holds the distinction among states of having the retirement plan with the lowest-funded ratio, 45.4%, with $75.7 billion of unfunded liabilities.
The state has an actuarially based unfunded liability for other post-employment non-retirement healthcare benefits of $27.1 billion.
Quinn on Monday also stressed that the state has no intention of asking for a federal bailout of its pensions. U.S. House Republican leaders sent state officials a letter on Sunday calling on them to shore up their pension system and warning that the state should not expect federal help, according to a published report.
“We are not asking for any federal bailout,” Quinn said Monday at a press conference.
His administration had suggested in state documents earlier this year that it could ask for federal help, but later said that statement was made in error.
After a lull in borrowing, the state has set Oct. 25 as the date for its next bond sale, according to offering statements. The state will take competitive bids on $300 million of Build Illinois sales-tax backed bonds.
The state will follow that sale with a competitive issue of general obligation bonds and a negotiated sale for total issuance of about $1 billion before the end of the year.
“I believe the current bill is top-heavy with too many new gambling locations. I will only support a smaller, more balanced and modest expansion. As long as I’m governor, Illinois will not become the Las Vegas of the Midwest,” Quinn said, calling the original plan severely flawed.
In order to appeal to a broad range of lawmakers and win approval in May, the authors of Senate Bill 744 offered up a broad expansion menu allowing for five new casinos, slots at Chicago’s airports, the state fair, and racetracks.
Shortly after its passage, Quinn said he opposed such an expansive bill but stopped short of saying he would veto the package, and legislative leaders never sent the bill to his desk.
On Monday, he floated a revised package that outlined the changes needed to win his approval. They could be taken up during the General Assembly’s six-day fall veto session that begins next week or in the regular session that opens early next year.
The governor’s plan — like the legislation — allows for five new casino licenses, including one for Chicago, Danville, Rockford, Lake County and southern Cook County.
But it does not permit slots at Chicago’s airports, the state fair, or state race tracks and it bars video gambling in communities that oppose it.
The proposed casino sites allow for economically depressed areas to generate greater revenue and are designed to stem the flow of gambling dollars to border states with casinos like Indiana and Wisconsin, Quinn said.
He suggested Chicago qualifies for a license because it is facing a $635 million budget deficit in 2012.
Quinn wants a revised bill to cut the tax breaks provided to existing casinos and raise the state’s share in gambling taxes depending on a casino’s gross receipts to bring it in line with current rates.
The state would also receive its one-time licensing fees more quickly. The current bill gives casinos between four and nine years after their opening to pay the state.
“Illinois and its bills cannot wait that long,” Quinn’s documents read.
“Any bill should be restructured for prospective casino owners to competitively bid for the license, in order to maximize bids and for the state to receive as much of the one-time casino license payments up front as possible.”
Illinois closed out the first quarter of fiscal 2012 with $3.8 billion in overdue bills. The bill’s sponsors originally said it would generate an estimated $1.5 billion in up-front licensing fees and about $500 million in annual revenue would go to education and public works spending.
Quinn’s proposal would bring a new Chicago casino under the regulatory oversight of the state gaming board. The current bill gives much of the oversight authority to a new local agency.
He also wants to impose greater regulatory oversight than allowed under the approved package and wants to remove deadlines imposed on gaming board decisions on licensing and regulatory issues.
“The Illinois Gaming Board must be equipped with ultimate oversight authority and the necessary tools to continue its exemplary record of keeping corruption out of our gaming industry,” he said.
The governor also would ban campaign contributions to elected officials by gaming licenses and casino managers similar to action taken by a handful of other states.
Chicago Mayor Rahm Emanuel, who pressed for inclusion of a Chicago license in the legislation, issued a statement saying he was encouraged by Quinn’s announcement.
“We are anxious to work with him and the leadership in the Illinois General Assembly so that we can soon begin creating tens of thousands of jobs for Chicagoans and make the investment in the city’s aging infrastructure that will secure a successful future for Chicago,” according to the statement.
A spokesman for Senate President John Cullerton, D-Chicago, said of the governor’s announcement: “We welcome his suggestions and input.”
Lawmakers already face a crowded agenda in their upcoming veto session. In addition to possible changes to the state’s $33.2 billion fiscal 2012 operating budget, lawmakers face pressure to take up pension reforms and changes to the retiree health care.
Illinois holds the distinction among states of having the retirement plan with the lowest-funded ratio, 45.4%, with $75.7 billion of unfunded liabilities.
The state has an actuarially based unfunded liability for other post-employment non-retirement healthcare benefits of $27.1 billion.
Quinn on Monday also stressed that the state has no intention of asking for a federal bailout of its pensions. U.S. House Republican leaders sent state officials a letter on Sunday calling on them to shore up their pension system and warning that the state should not expect federal help, according to a published report.
“We are not asking for any federal bailout,” Quinn said Monday at a press conference.
His administration had suggested in state documents earlier this year that it could ask for federal help, but later said that statement was made in error.
After a lull in borrowing, the state has set Oct. 25 as the date for its next bond sale, according to offering statements. The state will take competitive bids on $300 million of Build Illinois sales-tax backed bonds.
The state will follow that sale with a competitive issue of general obligation bonds and a negotiated sale for total issuance of about $1 billion before the end of the year.
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2006/12/07
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LAS VEGAS - Bally Technologies Inc. showcased its most popular games, including Cash Spin, on several platforms here this month at the Global Gaming Expo (G2E).
There was Cash Spin as a traditional slot machine; Cash Spin on an iPod, Droid, BlackBerry, and iTouch tablet; and Cash Spin as an online game at the Bally Interactive booth at the Sands Expo & Convention Center.
As one of the world's largest suppliers of slot machines and systems that operate casinos, Bally and companies like it are gearing up for what many say will be gambling's next frontier: the Internet. If e-gaming becomes legal in the United States, including New Jersey, where it is currently being considered, it will unfurl a whole new market. "The goal, at the end of the day, is to provide the same experience for a player no matter where he's physically located . . . whether inside a casino, on a website, or while waiting in line at the grocery store," said Bally spokesman Mike Trask. He said the company wanted to provide mobile apps, mobile games, and online games the same way it has provided games and systems to brick-and-mortar casinos.
Although online gambling is illegal in the United States, an estimated 16 million Americans engage in it, wagering more than $6 billion a year on offshore websites. These sites are out of the reach of U.S. law enforcement and are not taxed by the U.S. government.
The loss of millions of dollars in gaming revenue and the jobs that come with it are reasons Internet gambling should be legal in this country, say its advocates. Several bills on the issue are before Congress.
There is no shortage of outrage and opposition to Internet gambling, much of it centered on concerns it will place the most vulnerable population at even more risk than it faces today.
"Legalizing Internet gambling would allow government to open a casino in every home, dorm room, and office in America, 24 hours a day, seven days a week," said Les Bernal, executive director of Stop Predatory Gambling, a nonprofit group based in Washington that works with local, state, and federal groups to oppose casinos and state lotteries. E-gaming "represents one of the purest forms of predatory gambling."
There was Cash Spin as a traditional slot machine; Cash Spin on an iPod, Droid, BlackBerry, and iTouch tablet; and Cash Spin as an online game at the Bally Interactive booth at the Sands Expo & Convention Center.
As one of the world's largest suppliers of slot machines and systems that operate casinos, Bally and companies like it are gearing up for what many say will be gambling's next frontier: the Internet. If e-gaming becomes legal in the United States, including New Jersey, where it is currently being considered, it will unfurl a whole new market. "The goal, at the end of the day, is to provide the same experience for a player no matter where he's physically located . . . whether inside a casino, on a website, or while waiting in line at the grocery store," said Bally spokesman Mike Trask. He said the company wanted to provide mobile apps, mobile games, and online games the same way it has provided games and systems to brick-and-mortar casinos.
Although online gambling is illegal in the United States, an estimated 16 million Americans engage in it, wagering more than $6 billion a year on offshore websites. These sites are out of the reach of U.S. law enforcement and are not taxed by the U.S. government.
The loss of millions of dollars in gaming revenue and the jobs that come with it are reasons Internet gambling should be legal in this country, say its advocates. Several bills on the issue are before Congress.
There is no shortage of outrage and opposition to Internet gambling, much of it centered on concerns it will place the most vulnerable population at even more risk than it faces today.
"Legalizing Internet gambling would allow government to open a casino in every home, dorm room, and office in America, 24 hours a day, seven days a week," said Les Bernal, executive director of Stop Predatory Gambling, a nonprofit group based in Washington that works with local, state, and federal groups to oppose casinos and state lotteries. E-gaming "represents one of the purest forms of predatory gambling."
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2006/12/07
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Top Oregon Lottery officials said this afternoon they will postpone the launch of a controversial website that would add an online element to the agency's offerings.
"We believe that it is prudent to hold off implementation of the ORcade website until it is further reviewed by experts," Lottery Commission Chairman Steven Ungar and Lottery Director Larry Niswender said in a joint statement. "These efforts will be focused on assuring all Oregonians that the Lottery is not intentionally or unintentionally targeting anyone under 18 years of age."
The statement came after the two met with Gov. John Kitzhaber, who told them he was concerned that the website's marketing strategy could target youths.
Lottery officials have been trying to launch the website for months, but it has drawn increasing criticism from people who deal with gambling addiction and marketing experts who say it would appeal to minors.
"We believe that it is prudent to hold off implementation of the ORcade website until it is further reviewed by experts," Lottery Commission Chairman Steven Ungar and Lottery Director Larry Niswender said in a joint statement. "These efforts will be focused on assuring all Oregonians that the Lottery is not intentionally or unintentionally targeting anyone under 18 years of age."
The statement came after the two met with Gov. John Kitzhaber, who told them he was concerned that the website's marketing strategy could target youths.
Lottery officials have been trying to launch the website for months, but it has drawn increasing criticism from people who deal with gambling addiction and marketing experts who say it would appeal to minors.
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2006/12/07
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Most people don’t think too much about their freedoms when it comes to the use of the internet. There are organizations in cyber space that lobby for those freedoms as governments everywhere try to control them. One such group is the Electronic Frontier Foundation which is on the front lines defending the rights of ordinary people on the world wide web.
Founded in 1990 the group continues to confront cutting-edge issues defending free speech, privacy, innovation, and consumer rights.
An issue concerning those who live in the United Kingdom, has caused a great deal of upset for the Electronic Frontier Foundation as it prepares to do battle once again to preserve the rights of internet users. Recently the Foundation was critical of the U.K. government that has voiced a plan that would include filtering of internet sites that the government and the Christian organization Mothers' Union, consider offensive. Prime Minister David Cameron has brought n a plan with four of Britain's major ISPs—BT, TalkTalk, Virgin, and Sky to block access to porn, gambling, self harm and other blacklisted web locations.
This is unacceptable to the Electronic Frontier Foundation which says there are some points it wishes to make clear. First it will not be mandatory for ISPs to block with the choice coming down to the consumer. The EFF maintains that the plan lacks transparency and the blocked categories are vague in nature, and the list's origins unknown. Not only do the categories contain legal content, but there is significant room for what they call overblocking. The EFF adds that customers of Internet Service Provider TalkTalk who opt out are still monitored. University of Cambridge security research Richard Clayton, says, "the company scans all web addresses that its customers visit regardless of whether they have opted-in to the service."
Privacy issues are a major concern for internet customers even for those who opt out are still going to be on someone’s list. Rights are rights and once they’re gone they’re gone.
Founded in 1990 the group continues to confront cutting-edge issues defending free speech, privacy, innovation, and consumer rights.
An issue concerning those who live in the United Kingdom, has caused a great deal of upset for the Electronic Frontier Foundation as it prepares to do battle once again to preserve the rights of internet users. Recently the Foundation was critical of the U.K. government that has voiced a plan that would include filtering of internet sites that the government and the Christian organization Mothers' Union, consider offensive. Prime Minister David Cameron has brought n a plan with four of Britain's major ISPs—BT, TalkTalk, Virgin, and Sky to block access to porn, gambling, self harm and other blacklisted web locations.
This is unacceptable to the Electronic Frontier Foundation which says there are some points it wishes to make clear. First it will not be mandatory for ISPs to block with the choice coming down to the consumer. The EFF maintains that the plan lacks transparency and the blocked categories are vague in nature, and the list's origins unknown. Not only do the categories contain legal content, but there is significant room for what they call overblocking. The EFF adds that customers of Internet Service Provider TalkTalk who opt out are still monitored. University of Cambridge security research Richard Clayton, says, "the company scans all web addresses that its customers visit regardless of whether they have opted-in to the service."
Privacy issues are a major concern for internet customers even for those who opt out are still going to be on someone’s list. Rights are rights and once they’re gone they’re gone.
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2006/12/07
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29893
Gov. Pat Quinn sought Tuesday to stake out "fundamental principles" on gambling that threaten to derail a future Chicago casino, but casino supporters are betting on him once again changing his stance on the controversial issue.
Speaking to an audience of the City Club of Chicago a day after issuing what he called a "framework" for gambling expansion that includes bringing a casino to the city, Quinn left little if any wiggle room in his opposition to adding slot machines at horse racing tracks.
"If the Legislature cannot abide by those fundamental principles, then we shouldn't have a bill in the first place," the governor said.
Without slots at the tracks, Quinn's own expansion proposal would fail in the Legislature, gambling advocates said. Suburban lawmakers with tracks in their districts would oppose it, as would those outside the Chicago area who would gain nothing for downstate horse-breeding and other agricultural industries.
Quinn's opposition to bringing casino-type gambling to horse tracks was among a series of changes he proposed to legislation that lawmakers passed in May. Other recommendations would give the state more direct control over a city-run Chicago casino — a concept lawmakers have indicated they could embrace.
"I laid out some principles in a framework that I think is a very common-sense framework that I think has a vast support, majority support by far by the people of Illinois," Quinn told reporters later. "I think you don't compromise on fundamental principles."
Yet that is what supporters of gambling expansion are counting on. Advocates for the horse racing industry said privately that if lawmakers are willing to accept Quinn's regulatory and other changes, that should help give the governor the ability to bend on his opposition to slots at the tracks.
Sen. Terry Link, D-Waukegan, said new legislation was already being prepared for a hearing next week — when lawmakers return to Springfield — that includes regulatory changes but keeps slots at horse racing venues.
"We would hope we could compromise with the governor. We hope we can talk to the governor," Link said. "Now, it's up to us to show him what the true hard facts are."
To bolster his position that he is protecting "the public interest," Quinn invoked a reference to his predecessors, Democratic Gov. Rod Blagojevich and Republican Gov. George Ryan, both convicted on federal corruption charges.
"You know, before I arrived, there was too much done the old way, the political way — do things whatever works for politicians and interest groups, the lobbyists," he said. "I don't want to do it that way. I want to do it the right way, the people's way."
But Quinn's shifting positions over the past decade and a half have made it unclear exactly where he draws the line on gambling.
In a failed 1994 bid for secretary of state against Ryan, Quinn — then state treasurer — said the public should vote on whether to bring casino gambling to Chicago because it was "too important to leave to legislators and people in politics."
In both runs for lieutenant governor on 2002 and 2006 tickets with Blagojevich, the two men pledged to oppose any major expansion of gambling. In 2007, when Blagojevich considered a gambling expansion plan, Quinn once again called for a voter referendum.
But six months after taking over as governor from Blagojevich, Quinn signed legislation authorizing video poker machines at thousands of bars, restaurants and social clubs across the state — to help finance a $31 billion public works program. Appearances at local ribbon-cutting and check-passing ceremonies were a staple of Quinn's 2010 re-election campaign.
Speaking to an audience of the City Club of Chicago a day after issuing what he called a "framework" for gambling expansion that includes bringing a casino to the city, Quinn left little if any wiggle room in his opposition to adding slot machines at horse racing tracks.
"If the Legislature cannot abide by those fundamental principles, then we shouldn't have a bill in the first place," the governor said.
Without slots at the tracks, Quinn's own expansion proposal would fail in the Legislature, gambling advocates said. Suburban lawmakers with tracks in their districts would oppose it, as would those outside the Chicago area who would gain nothing for downstate horse-breeding and other agricultural industries.
Quinn's opposition to bringing casino-type gambling to horse tracks was among a series of changes he proposed to legislation that lawmakers passed in May. Other recommendations would give the state more direct control over a city-run Chicago casino — a concept lawmakers have indicated they could embrace.
"I laid out some principles in a framework that I think is a very common-sense framework that I think has a vast support, majority support by far by the people of Illinois," Quinn told reporters later. "I think you don't compromise on fundamental principles."
Yet that is what supporters of gambling expansion are counting on. Advocates for the horse racing industry said privately that if lawmakers are willing to accept Quinn's regulatory and other changes, that should help give the governor the ability to bend on his opposition to slots at the tracks.
Sen. Terry Link, D-Waukegan, said new legislation was already being prepared for a hearing next week — when lawmakers return to Springfield — that includes regulatory changes but keeps slots at horse racing venues.
"We would hope we could compromise with the governor. We hope we can talk to the governor," Link said. "Now, it's up to us to show him what the true hard facts are."
To bolster his position that he is protecting "the public interest," Quinn invoked a reference to his predecessors, Democratic Gov. Rod Blagojevich and Republican Gov. George Ryan, both convicted on federal corruption charges.
"You know, before I arrived, there was too much done the old way, the political way — do things whatever works for politicians and interest groups, the lobbyists," he said. "I don't want to do it that way. I want to do it the right way, the people's way."
But Quinn's shifting positions over the past decade and a half have made it unclear exactly where he draws the line on gambling.
In a failed 1994 bid for secretary of state against Ryan, Quinn — then state treasurer — said the public should vote on whether to bring casino gambling to Chicago because it was "too important to leave to legislators and people in politics."
In both runs for lieutenant governor on 2002 and 2006 tickets with Blagojevich, the two men pledged to oppose any major expansion of gambling. In 2007, when Blagojevich considered a gambling expansion plan, Quinn once again called for a voter referendum.
But six months after taking over as governor from Blagojevich, Quinn signed legislation authorizing video poker machines at thousands of bars, restaurants and social clubs across the state — to help finance a $31 billion public works program. Appearances at local ribbon-cutting and check-passing ceremonies were a staple of Quinn's 2010 re-election campaign.
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2006/12/07
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Donald Trump and New York hedge-fund manager Marc Lasry want a seat at the virtual poker table if online gambling is legalized in the U.S.
The real estate financier, Lasry’s Avenue Capital Group and casino operator Trump Entertainment Resorts Inc. will form an Internet gaming joint venture should U.S. regulators permit such businesses to operate, according to an Oct. 14 regulatory filing. Trump Entertainment, which Avenue Capital took control of last year, would own 10 percent of the venture, the company said in its filing. It didn’t disclose the stakes to be held by Trump or Lasry’s $12 billion hedge fund.
The agreement coincides with a push to legalize online gambling by states including Iowa and New Jersey, where Trump Entertainment is based and holds casino licenses. The $6 billion that Americans wager each year through offshore sites is tempting state authorities who face budget deficits, as well as casino companies looking for new sources of growth.
“It’s just a matter of time,” Ivanka Trump, Donald’s daughter, said in a telephone interview. “It would be a tremendous source of taxable revenue for states or the federal government and an enormous generator of jobs,” said Ivanka, executive vice president of development and acquisitions for the Trump Organization, the New York-based parent company of Donald’s real estate operations.
2010 Bankruptcy
Todd Fogarty, a spokesman for Avenue Capital, declined to comment, as did Brian Cahill, a representative for Trump Entertainment. Lasry, 52, is chairman of the company, which operates the Trump Taj Mahal Resort and the Trump Plaza Hotel & Casino in its hometown of Atlantic City, New Jersey. It sold Trump Marina Hotel Casino earlier this year.
The agreement by Trump Entertainment, Donald Trump and Avenue Capital restricts all three parties from going after competing proposals through May, according to the filing with the U.S. Securities and Exchange Commission.
Trump Entertainment, which emerged from bankruptcy in July 2010, said in the filing that the joint venture represented “the most advantageous way” to pursue online gaming “at minimal cost” to the company. “One or more other qualified parties” may also participate in the venture, according to the filing.
Ivanka Trump, 29, said that the joint venture is “positioning itself” to be the largest online gaming company if the industry is legalized in the U.S. She added that Trump Entertainment had the necessary licenses, while Lasry’s firm would provide the capital and her father would contribute his name to the venture.
Expensive Proposition
“In terms of the Internet, brand is essential toward attracting players,” Ivanka said. “The Trump brand would be the most powerful one in this space.”
Setting up an Internet gaming site can be capital intensive, according to Richard “Skip” Bronson, chairman of U.S. Digital Gaming Inc., a Beverly Hills, California, company that has created a technology platform for Internet wagering. While the cost of creating a site is relatively low, online gaming companies must spend heavily to make themselves known and bring in bettors.
“The question is how will you get people to come to the site,” Bronson said in a telephone interview. “It takes unique promotions and significant marketing spend.”
Trump Entertainment Reorganization
The online gaming industry received a jolt in April, when the U.S. Justice Department indicted the founders of three Internet poker companies, alleging that they circumvented a 2006 federal law barring banks from processing payments to offshore gambling websites. The companies -- PokerStars, Full Tilt Poker, and Absolute Poker -- ranked as the leading online poker sites doing business with U.S. customers, even though they were all based outside the country.
Following the indictments, Caesars Entertainment Corp. and MGM Resorts International, a pair of Las Vegas-based casino companies, funded an advocacy group called FairPlay USA. The group is pushing for the legalization of online poker and revisions to the 2006 law, known as the Unlawful Internet Gambling Enforcement Act.
At least a half dozen states have bills pending tied to the legalization of online gaming, Bronson said, and another six to 10 are studying the issue. He predicts that online gaming will follow the same pattern as state lotteries, which were first adopted in 1964 by New Hampshire and are now offered in 43 states.
‘Domino Effect’
“There will be a domino effect, the same way lotteries started in the 1960s,” Bronson said. Under the 2006 federal law, Internet poker sites established in states that legalize online wagering could only accept bets placed within those states, Bronson added.
Lasry, a billionaire investor who specializes in distressed debt, was part of a bondholder group that won control of Trump Entertainment last year when a bankruptcy judge ruled that their bid for the casino company was better than a competing offer from Carl Icahn. The bondholders offered to reduce the company’s debt by $1.4 billion and invest another $225 million, while Icahn sought to convert some $480 million of bank debt into equity, leaving nothing for Lasry’s group.
Under the winning plan, Avenue Capital acquired about a 22 percent stake in Trump Entertainment by swapping the casino company’s beaten-down bonds for stock and purchasing additional shares through a rights offering. Trump, who joined Lasry and the other bondholders after originally submitting a competing proposal with billionaire Andy Beal, received a 10 percent stake in the company for the right to use his name.
Three’s A Charm
Trump, 65, entered the casino business in 1984 with the Trump Plaza, and in 1990 defaulted on $675 million in junk bonds from his Taj Mahal casino and declared bankruptcy. Following the bankruptcy reorganization, he took the company public in 1995 as Trump Hotels & Casino Resorts Inc.
Trump Hotels & Casino filed for bankruptcy protec
The real estate financier, Lasry’s Avenue Capital Group and casino operator Trump Entertainment Resorts Inc. will form an Internet gaming joint venture should U.S. regulators permit such businesses to operate, according to an Oct. 14 regulatory filing. Trump Entertainment, which Avenue Capital took control of last year, would own 10 percent of the venture, the company said in its filing. It didn’t disclose the stakes to be held by Trump or Lasry’s $12 billion hedge fund.
The agreement coincides with a push to legalize online gambling by states including Iowa and New Jersey, where Trump Entertainment is based and holds casino licenses. The $6 billion that Americans wager each year through offshore sites is tempting state authorities who face budget deficits, as well as casino companies looking for new sources of growth.
“It’s just a matter of time,” Ivanka Trump, Donald’s daughter, said in a telephone interview. “It would be a tremendous source of taxable revenue for states or the federal government and an enormous generator of jobs,” said Ivanka, executive vice president of development and acquisitions for the Trump Organization, the New York-based parent company of Donald’s real estate operations.
2010 Bankruptcy
Todd Fogarty, a spokesman for Avenue Capital, declined to comment, as did Brian Cahill, a representative for Trump Entertainment. Lasry, 52, is chairman of the company, which operates the Trump Taj Mahal Resort and the Trump Plaza Hotel & Casino in its hometown of Atlantic City, New Jersey. It sold Trump Marina Hotel Casino earlier this year.
The agreement by Trump Entertainment, Donald Trump and Avenue Capital restricts all three parties from going after competing proposals through May, according to the filing with the U.S. Securities and Exchange Commission.
Trump Entertainment, which emerged from bankruptcy in July 2010, said in the filing that the joint venture represented “the most advantageous way” to pursue online gaming “at minimal cost” to the company. “One or more other qualified parties” may also participate in the venture, according to the filing.
Ivanka Trump, 29, said that the joint venture is “positioning itself” to be the largest online gaming company if the industry is legalized in the U.S. She added that Trump Entertainment had the necessary licenses, while Lasry’s firm would provide the capital and her father would contribute his name to the venture.
Expensive Proposition
“In terms of the Internet, brand is essential toward attracting players,” Ivanka said. “The Trump brand would be the most powerful one in this space.”
Setting up an Internet gaming site can be capital intensive, according to Richard “Skip” Bronson, chairman of U.S. Digital Gaming Inc., a Beverly Hills, California, company that has created a technology platform for Internet wagering. While the cost of creating a site is relatively low, online gaming companies must spend heavily to make themselves known and bring in bettors.
“The question is how will you get people to come to the site,” Bronson said in a telephone interview. “It takes unique promotions and significant marketing spend.”
Trump Entertainment Reorganization
The online gaming industry received a jolt in April, when the U.S. Justice Department indicted the founders of three Internet poker companies, alleging that they circumvented a 2006 federal law barring banks from processing payments to offshore gambling websites. The companies -- PokerStars, Full Tilt Poker, and Absolute Poker -- ranked as the leading online poker sites doing business with U.S. customers, even though they were all based outside the country.
Following the indictments, Caesars Entertainment Corp. and MGM Resorts International, a pair of Las Vegas-based casino companies, funded an advocacy group called FairPlay USA. The group is pushing for the legalization of online poker and revisions to the 2006 law, known as the Unlawful Internet Gambling Enforcement Act.
At least a half dozen states have bills pending tied to the legalization of online gaming, Bronson said, and another six to 10 are studying the issue. He predicts that online gaming will follow the same pattern as state lotteries, which were first adopted in 1964 by New Hampshire and are now offered in 43 states.
‘Domino Effect’
“There will be a domino effect, the same way lotteries started in the 1960s,” Bronson said. Under the 2006 federal law, Internet poker sites established in states that legalize online wagering could only accept bets placed within those states, Bronson added.
Lasry, a billionaire investor who specializes in distressed debt, was part of a bondholder group that won control of Trump Entertainment last year when a bankruptcy judge ruled that their bid for the casino company was better than a competing offer from Carl Icahn. The bondholders offered to reduce the company’s debt by $1.4 billion and invest another $225 million, while Icahn sought to convert some $480 million of bank debt into equity, leaving nothing for Lasry’s group.
Under the winning plan, Avenue Capital acquired about a 22 percent stake in Trump Entertainment by swapping the casino company’s beaten-down bonds for stock and purchasing additional shares through a rights offering. Trump, who joined Lasry and the other bondholders after originally submitting a competing proposal with billionaire Andy Beal, received a 10 percent stake in the company for the right to use his name.
Three’s A Charm
Trump, 65, entered the casino business in 1984 with the Trump Plaza, and in 1990 defaulted on $675 million in junk bonds from his Taj Mahal casino and declared bankruptcy. Following the bankruptcy reorganization, he took the company public in 1995 as Trump Hotels & Casino Resorts Inc.
Trump Hotels & Casino filed for bankruptcy protec
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2006/12/07
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29893
For the next few months we will be seeing a number of online gambling industry awards ceremonies taking place. It is interesting to look out for these, because we want to see which stalwart sites are still the best and who the best newcomers are. As a rule the gambling industry has a heart of gold too, so many charitable concerns benefit from industry awards.
As London is considered to be the Mecca of online gambling, the next two big awards ceremonies will be hosted in London. The first to look out for is the prestigious EGR Awards (EGaming Review) which will be held on November 30th at the Artillery Garden – the HAC London. It is also notable in that William Hill has been nominated for no less than 12 awards.
Following shortly on EGR’s heels is the 2012 International Gaming Awards, which will also be hosted in London, and is the equivalent event, of the online gambling industry Oscars. It has been scheduled for the 23rd January, 2012 at the Sheraton Park Lane hotel in London, and is one of the largest annual events on the egaming industry calendar. They are also supporting charities, and the two lucky concerns to benefit from this gambling gathering are Children with Leukemia and CARE International.
Nominations have already been determined and closed on the 8th October. Just like all awards events, the competitors are first nominated for specific categories which are reviewed by a panel of judges – generally the judges are their industry peers. This then determines the contribution they have made to the online gambling industry.
This will be the fifth of these international awards events and it is bigger and better than ever before. Finally mobile gambling has also made it onto the scheduled awards list. So, who do you think the winner will be – care to take a wager?
As London is considered to be the Mecca of online gambling, the next two big awards ceremonies will be hosted in London. The first to look out for is the prestigious EGR Awards (EGaming Review) which will be held on November 30th at the Artillery Garden – the HAC London. It is also notable in that William Hill has been nominated for no less than 12 awards.
Following shortly on EGR’s heels is the 2012 International Gaming Awards, which will also be hosted in London, and is the equivalent event, of the online gambling industry Oscars. It has been scheduled for the 23rd January, 2012 at the Sheraton Park Lane hotel in London, and is one of the largest annual events on the egaming industry calendar. They are also supporting charities, and the two lucky concerns to benefit from this gambling gathering are Children with Leukemia and CARE International.
Nominations have already been determined and closed on the 8th October. Just like all awards events, the competitors are first nominated for specific categories which are reviewed by a panel of judges – generally the judges are their industry peers. This then determines the contribution they have made to the online gambling industry.
This will be the fifth of these international awards events and it is bigger and better than ever before. Finally mobile gambling has also made it onto the scheduled awards list. So, who do you think the winner will be – care to take a wager?
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2006/12/07
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Downey was being honored for his life work at the annual star-studded American Cinematheque tribute in Beverly Hills, when Mel took the stage and recalled how he had helped Downey when he was down and out during his substance abuse days. Gibson was warned, but offered Downey a job in Air America in 1990 and paving the way for Downey to get his career on track. Then Mel made fun of himself, reminding the packed ballroom to remember who was making the assessment.
But Downey then took the mic, saying, "Unless you are without sin—and if you are, you are in the wrong ************************ing industry—you should forgive him and let him work again."
He recalled how Gibson had told him to "help the next guy" once he was able to.
"It's reasonable to assume…he didn't imagine the next guy would be him," said Downey.
Gibson, who notoriously spewed an anti-Semetic tirade during a DUI arrest years back, recently sparked controversy when he announced he was planning to direct a film about a Jewish hero, Judah Maccabee. Hanukkah marks the return of Jewish worship at a Jerusalem temple after Maccabee removed pagan statuary.