It’s good news for Massachusetts, as New Hampshire rejects its casino bill that is latest.
It might be impossible for New Hampshire to come closer to legalizing casino gambling without actually doing it following a two-hour debate, the state’s two-casino bill had been killed down in the House a week ago by one vote, only one thirty days after its one-casino bill was rejected by 29 votes, and 12 months after the one before that. Deputy Speaker Naida Kaen, who was presiding over the session, cast the deciding vote following a tie that is 172-172.
The bill could have paved the way for two gaming licenses for which operators would compete in a bidding process. With regulations drawn up by the Gaming Regulatory Oversight Authority, it hoped to generate $25 million in revenue-sharing for towns and urban centers, and a recent poll by the University of New Hampshire suggested that almost all of residents were in favor of casino gambling.
Two casinos in full procedure would generate $168 million for the state, it’s predicted, and the Granite State needs the funds more than ever, now that its controversial ‘hospital tax’ is ruled unconstitutional, leaving a $185 million hole into the state spending plan.
A Brand New Hope
It’s understood that 17 representatives who voted against final month’s bill changed their minds this time around, largely because it had been tagged onto a bill to decriminalize marijuana, that they supported. Likewise, 42 representatives were marked as absent, presumably simply because they weren’t so keen on the marijuana bit. It’s also believed that some representatives motioned to kill the bill so amendments could be debated and a renewed bill drawn up.
This is enough to inspire hope for the prime sponsor of the bill, Manchester Democrat Lou D’Allesandro. A motion has already been filed to reopen debate on the bill, and D’Allesandro believes it has a good chance of being passed the next occasion.
‘I remain hopeful that a different outcome might still be possible,’ D’Allesandro said in a statement while I am disappointed in the rejection of this bill today, which would have allowed for private investment that would stimulate economic growth and job creation.
Not everyone was so thrilled by the basic concept of a reconsideration of the bill, however.
‘I feel similar to this is deja vu yet again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate a thirty days ago, nevertheless the dilemmas have not gone away.’
Good News for Massachusetts
One thing’s for sure: the winner that is big now is Massachusetts, whose own burgeoning casino industry could be damaged by legalization in neighboring New Hampshire. Last year, Massachusetts Gaming Commission Chairman Stephen Crosby said he was concerned about the consequence New Hampshire casinos could have on the Boston market, adding that he believed it was ‘inevitable’ that the casino would start in Salem.
‘It’s a victory, because it appears that way state isn’t quite ready to help make the plunge,’ said the Rev. Richard McGowan, a Boston university gaming expert. ‘It would help Boston … people in New Hampshire are much more likely to come to the Boston area instead of going all of the way down to Connecticut.’
And with the New Hampshire bill plunged into uncertainty, it will now give Wynn Resorts and the Mohegan Sun less to worry about as they fight for the remaining Massachusetts casino license.
‘It definitely makes both of those happy that there’s one less competitor,’ agrees McGowan. ‘It will not really help the facility in Western Massachusetts, but it shall be described as a boost in Boston.’
New York Art Dealer Helly Nahmad Sentenced for Role in Gambling Ring
High-profile New York art dealer Hillel ‘Helly’ Nahmad will spend over a year in prison for their role in a huge high-stakes gambling ring. (Image: Elitedaily.com)
Once upon a time, well-known nyc City art dealer Hillel ‘Helly’ Nahmad offered gambling services to celebrities and other ultra-rich clients around the globe. Now, he’ll be spending a little over a year in prison for his leading role in just one of the largest gambling that is illegal around the world.
Nahmad was sentenced to 1 year and one day in federal jail on last week for operating a unlawful gambling ring that worked with athletes, Wall Street professionals and Hollywood superstars. Nahmad pleaded guilty to the charges as an element of a deal in which he admitted to running and financing the operation, as well as getting a share that is large of ring’s earnings.
But despite that deal, Nahmad will nevertheless have to face prison time. He had hoped that their proposition to spend $100,000 each year into a program to show art to children that are underprivileged be accepted, but that was soundly refused by U.S. District Judge Jesse Furman.
‘There is just one way for Mr. Nahmad to know his actions have consequences,’ Furman said, ‘and that is to send him to prison.’
Judge Questions Nahmad’s Remorse
Judge Furman pointed out that Nahmad’s request may have been taken more really had he shown some intent to reform himself within the previous year.
‘Doing good works before sentencing is as low-hanging good fresh fruit because it comes, in which he did not select it,’ Furman said. ‘It sort of baffles me, to be completely honest.’
In addition to his jail time, Nahmad will need certainly to pay a $30,000 fine, complete 300 hours of community service, and live under supervised launch for three years. That’s in addition to the $6.4 million he’d already agreed to forfeit as a element of his plea deal one that additionally saw him give all rights up to ‘Carnaval a pleasant, 1937,’ a Raoul Dufy painting worth hundreds of thousands.
Nahmad’s attorneys had argued which he grew up ‘in a culture where gambling ended up being legal and gambling with a high stakes was not only done but…was normal.’ They pointed out which he was indeed gambling since an early age, placing bets on Knicks games since he was 14 and achieving been trashed of a Monaco casino at 15.
Nahmad, now 35, is the son of billionaire art dealer David Nahmad. The Nahmad family is apparently worth approximately $3 billion.
‘My family is just a family that is private I brought dishonor to it,’ Nahmad told Judge Furman. ‘we shall never forgive myself for just what I have done.’
Ring Had Ties to Russian Crime Syndicates
Nahmad was certainly one of 34 individual arrested April that is last when finally broke up the ring. Others charged included several people who were reportedly connected to Russian arranged crime, including Alimzhan Tokhtakhounov, who was simply believed to lead the operation that is entire overseas. Tokhtakhounov is also stated to own tried to fix figure events that are skating the 2002 Olympics.
A total of 28 people associated with band have pleaded guilty. That group includes Anatoly Golubchik and Vadim Trincher, whom were each sentenced to five years in prison this week.
Pennsylvania Holds Online Gambling Hearing
On the web gambling issues were wrestled with a Pennsylvania House Committee. (Image: SimonsFund.org/thecapitol.com)
Of many states which have taken up casino gambling over the decade that is last none are more successful than Pennsylvania. In only a few short years, their state overtook neighboring brand new Jersey (house of Atlantic City) while the leading state for video gaming revenue in the northeast, a move that eventually sparked a casino hands race throughout the region. Now, Pennsylvania seems to be considering a transfer to the final frontier for the American gaming industry: online gambling.
The Pennsylvania House Democratic Policy Committee held a hearing that is public week to talk about the impact that regulating on the web gambling might have regarding the state. The technology involved and consumer protection were discussed over the course of the hearing, issues ranging from the potential social impact of Internet gaming to policy issues.
A Start to Discussion, Maybe Not a finish
The hearing had been co-chaired by State Representatives Rosita Youngblood (D-Philadelphia) and Tina Davis (D-Bucks). Based on Youngblood, the hearing had been designed to be considered a look that is first the possibility of bringing online gambling to Pennsylvania, as opposed to the time and energy to make any decisions.
‘ The main purpose behind this hearing would be to jumpstart the debate and provide a location for our members to obtain valuable information so that we are ready to deal with this issue in the near future,’ Youngblood said.
The hearing began with opening remarks, and after that four panels had been held on various problems surrounding the Internet gambling debate https://casino-bonus-free-money.com/royal-vegas-casino/.
Kevin O’Toole, executive director regarding the Pennsylvania Gaming Control Board (PGCB), talked to the agency’s part within the ongoing conversation of this issue.
‘The Gaming Control Board, since the agency that is regulatory does not advocate for or against Internet gambling,’ O’Toole stated. ‘If Web gambling is authorized in Pennsylvania by the Legislature and the Governor, we do advocate that the existing licensed casino operators be the authorized providers of that activity.’
While O’Toole expressed confidence that the PGCB could oversee on the web gambling in the state if contacted to do so, he did say that age verification could be one part of concern.
‘At the full time that a individual registered for a gaming that is online, his/her information can be verified to make sure proper identity and age,’ he stated. ‘However, it becomes more tough to determine with confidence that no an added compared to registered player utilizes that account. This problem needs to be further researched to spot a better process for age verification.’
Regulation Would Protect Consumers
Throughout the hearing, other major players in the neighborhood and gaming that is national were able to share their perspectives as well.
Poker Players Alliance Executive Director John Pappas ended up being the speaker that is final and framed the regulation of internet poker as being a step to protect customers.
‘Our discussion today isn’t about expansion of video gaming, it is about corralling the current unregulated marketplace and turning it into something that is safe for consumers and accountable to regulators and our federal government,’ Pappas said.
The hearing comes after a Pennsylvania Senate committee commissioned a study on video gaming in the state year that is last. That report was expected to be released by might 1, though it has not yet been made general public.
Not all of Pennsylvania’s efforts to expand gambling have gone efficiently. an effort that is recent allow taverns to host small games of chance attracted almost no interest despite hopes that 1000s of venues might apply for licenses, because of the cost of licensing and the required background checks having dampened enthusiasm from bar owners.
‘Hopefully we will discover our lesson from the debacle we are seeing utilizing the expansion into tavern gaming, and will give a thorough debate and discussion on this issue before allocating away the revenue it will generate,’ Youngblood said.