It’s very good news for Massachusetts, as New Hampshire rejects its latest casino bill.
It might be impossible for New Hampshire to come closer to legalizing casino gambling without really doing it following a two-hour debate, the state’s two-casino bill had been killed off in the home a week ago by one vote, just one month 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 on the session, cast the deciding vote following a tie that is 172-172.
The bill would 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 cities, and a poll that is recent the University of the latest Hampshire suggested that almost all of residents were in favor of casino gambling.
Two gambling enterprises in full operation would generate $168 million for the state, it’s approximated, and the Granite State requires the money as part of your, now that its controversial ‘hospital tax’ has been ruled unconstitutional, leaving a $185 million hole in the state budget.
A Brand New Hope
It’s understood that 17 representatives who voted against final month’s bill changed their minds this time around, mostly since it was tagged onto a bill to decriminalize cannabis, that they supported. Likewise, 42 representatives were marked as absent, presumably simply because they weren’t so keen on the marijuana bit. It is 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 casino royal vegas online Democrat Lou D’Allesandro. A motion has already been filed to reopen debate on the bill, and D’Allesandro thinks it has a good chance of being passed time that is next.
‘While I am disappointed in the rejection with this bill today, which would have permitted for private investment that would stimulate economic growth and job creation, we remain hopeful that a different outcome might still be possible,’ D’Allesandro said in a statement.
Not everyone was so delighted by the basic idea of a reconsideration of the bill, however.
‘I feel similar to this is deja vu all over again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate an ago, nevertheless the problems haven’t gone away. month’
Good News for Massachusetts
One thing’s for sure: the big winner for now is Massachusetts, whose very own burgeoning casino industry would be damaged by legalization in neighboring New Hampshire. A year ago, Massachusetts Gaming Commission Chairman Stephen Crosby said he was concerned about the effect New Hampshire casinos might have on the Boston market, adding it was ‘inevitable’ that a casino would open in Salem that he believed.
‘It’s a victory, because it appears like this continuing state is not quite ready in order to make the plunge,’ stated the Rev. Richard McGowan, a Boston College gaming expert. ‘It would help Boston … people in brand New Hampshire are much more likely to come quickly to the Boston area instead of going all the real 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 is one less competitor,’ agrees McGowan. ‘It won’t really help the facility in Western Massachusetts, but it will be described as a boost in Boston.’
Ny 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 his role in a huge high-stakes ring that is gambling. (Image: Elitedaily.com)
Once upon a time, well-known ny City art dealer Hillel ‘Helly’ Nahmad offered gambling services to celebrities and other ultra-rich clients around the world. Now, he will be spending a little over a 12 months in prison for his leading role in just one of the largest gambling that is illegal throughout the world.
Nahmad was sentenced to at least one 12 months and one day in federal prison on last week for operating a illegal gambling ring that worked with athletes, Wall Street executives and Hollywood a-listers. Nahmad pleaded guilty to the costs included in a deal in which he admitted to running and funding the operation, in addition to getting a large share regarding the ring’s profits.
But despite that deal, Nahmad will have to face still prison time. He had hoped that their proposal to spend $100,000 each year in to a program to teach art to children that are underprivileged be accepted, but that has been 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 jail.’
Judge Issues Nahmad’s Remorse
Judge Furman remarked that Nahmad’s request may have been taken more really had he shown some intent to reform himself on the past year.
‘Doing good works before sentencing is as low-hanging fresh fruit he didn’t pick it,’ Furman said as it comes, and. ‘It type of baffles me, to be completely honest.’
In addition to his jail time, Nahmad will have 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 section of his plea deal one that also saw him give all rights up to ‘Carnaval a pleasant, 1937,’ a Raoul Dufy painting worth hundreds of thousands.
Nahmad’s solicitors had argued he grew up ‘in a culture where gambling had been appropriate and gambling with high stakes was not only done but…was normal.’ They pointed out which he was indeed gambling since a young age, placing bets on Knicks games since he had been 14 and having been dumped of the Monaco casino at 15.
Nahmad, now 35, could be the son of billionaire art dealer David Nahmad. The Nahmad family is reportedly worth approximately $3 billion.
‘My family is a family that is private I brought dishonor to it,’ Nahmad told Judge Furman. ‘we will never forgive myself for just what I have done.’
Ring Had Ties to Russian Crime Syndicates
Nahmad had been one of 34 individual arrested last April when authorities finally broke up the band. Others charged included several people whom were reportedly connected to Russian arranged crime, including Alimzhan Tokhtakhounov, who was said to lead the entire operation from overseas. Tokhtakhounov normally said to own tried to fix figure skating activities at the 2002 Olympics.
An overall total of 28 users associated with band have pleaded guilty. That group includes Anatoly Golubchik and Vadim Trincher, who were each sentenced to five years in prison this week.
Pennsylvania Holds Online Gambling Hearing
On line gambling issues were wrestled by way of a Pennsylvania House Committee. (Image: SimonsFund.org/thecapitol.com)
Of the numerous states which have taken up casino gambling over the last decade, none have been more successful than Pennsylvania. In only a few short years, the state overtook neighboring New Jersey (home of Atlantic City) due to the fact leading state for video gaming revenue in the northeast, a move that fundamentally sparked a casino arms race through the region. Now, Pennsylvania appears to be considering a move into the ultimate frontier for the American video gaming industry: online gambling.
The Pennsylvania House Democratic Policy Committee held a public hearing final week to talk about the impact that regulating on the web gambling could have regarding the state. Over the span of the hearing, problems ranging from the potential social impact of Internet gaming to policy dilemmas, the technology involved and consumer security were talked about.
A Start to Discussion, Maybe Not a conclusion
The hearing ended up being co-chaired by State Representatives Rosita Youngblood (D-Philadelphia) and Tina Davis (D-Bucks). In accordance with Youngblood, the hearing had been made to be described as a look that is first the likelihood of bringing online gambling to Pennsylvania, rather than the time to make any decisions.
‘ The purpose that is main this hearing was to jumpstart the debate and offer a venue for our members to obtain valuable information so that we are ready to handle this issue in the near future,’ Youngblood said.
The hearing began with opening remarks, after which four panels were held on various problems surrounding the online gambling debate.
Kevin O’Toole, executive director associated with the Pennsylvania Gaming Control Board (PGCB), spoke to the agency’s part in the ongoing conversation of this issue.
‘The Gaming Control Board, while the agency that is regulatory does not advocate for or against online gambling,’ O’Toole stated. ‘If online gambling is authorized in Pennsylvania by the Legislature and the Governor, we do advocate that the existing licensed casino operators end up being the authorized providers of the activity.’
While O’Toole expressed confidence that the PGCB could oversee online gambling in the state if asked to complete so, he did say that age verification could be one part of concern.
‘At the time that the individual registered for a gaming that is online, his/her information can be verified to make certain proper identification and age,’ he said. ‘However, it becomes more hard to determine with confidence that no an added than the registered player utilizes that account. This matter requires to be further researched to identify a better procedure for age verification.’
Regulation Would Protect Customers
Throughout the hearing, other major players in the local and gaming that is national were able to share their perspectives as well.
Poker Players Alliance Executive Director John Pappas had been the speaker that is final and framed the regulation of online poker as a step to protect customers.
‘Our discussion today is not about expansion of video gaming, it is about corralling the existing marketplace that is unregulated turning it into a system that is safe for consumers and accountable to regulators and our federal government,’ Pappas said.
The hearing uses a Pennsylvania Senate committee commissioned a research on gaming in the state year that is last. That report was anticipated to be released by might 1, though it has not yet been made general public.
Not totally 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 little interest despite hopes that a huge number of venues might use for licenses, using the cost of licensing and the required history checks having dampened passion from bar owners.
‘Hopefully we will learn our lesson through the debacle we are seeing with the expansion into tavern gaming, and will provide a debate that is thorough conversation with this issue before allocating down the revenue it will create,’ Youngblood said.