Brand New Hampshire Casino Bid Rejected by One Vote

 Brand New Hampshire Casino Bid Rejected by One Vote

It’s great news for Massachusetts, as New Hampshire rejects its casino bill that is latest.

It will 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 was killed off 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 had been presiding over the session, cast the deciding vote following a 172-172 tie.

The bill would have paved the real way for two video 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 towns, and a poll that is recent the University of the latest Hampshire suggested that the majority of residents were and only casino gambling.

Two gambling enterprises in full procedure would generate $168 million for the state, it is calculated, and the Granite State requires the cash inside your, now that its controversial ‘hospital tax’ has been ruled unconstitutional, leaving a $185 million hole into the state budget.

A New Hope

It’s understood that 17 representatives whom voted against last month’s bill changed their minds this time around, mostly they supported because it was tagged onto a bill to decriminalize marijuana, which. Likewise, 42 representatives were marked as absent, presumably because they were not therefore keen on the marijuana bit. Additionally it is believed that some representatives motioned to kill the bill so amendments could be debated and a renewed bill drawn up.

For the prime sponsor of this bill, Manchester Democrat Lou D’Allesandro, this is enough to inspire hope. A motion has already been filed to reopen debate on the bill, and D’Allesandro thinks it has a good potential for being passed time that is next.

‘While we am disappointed in the rejection with this bill today, which would have allowed for personal investment that would stimulate financial growth and job creation, we remain hopeful that a various outcome might nevertheless be possible,’ D’Allesandro said in a declaration.

Not everyone was so thrilled by the concept of a reconsideration of the bill, nevertheless.

‘I feel such as this is deja vu once again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate a thirty days ago, however the issues have actually not gone away.’

Good News for Massachusetts

One thing’s for sure: the big winner for now is Massachusetts, whose very own burgeoning casino industry could be damaged by legalization in neighboring New Hampshire. This past year, Massachusetts Gaming Commission Chairman Stephen Crosby said he was concerned about the end result 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 that way continuing state is not 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 calmly to the Boston area instead of heading most of the way down to Connecticut.’

Along 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 Massachusetts casino that is remaining license.

‘It truly makes both of these happy that there’s one less competitor,’ agrees McGowan. ‘It won’t really help the center 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 his role in a huge high-stakes ring that is gambling. (Image: Elitedaily.com)

Once upon a time, well-known New York City art dealer Hillel ‘Helly’ Nahmad offered gambling services to celebrities and other ultra-rich consumers around the world. Now, he’ll be spending a little over a 12 months in prison for his leading role in another of the largest unlawful gambling rings across the globe.

Nahmad was sentenced to one 12 months plus one day in federal jail on final week for operating a unlawful gambling ring that worked with athletes, Wall Street professionals and Hollywood superstars. Nahmad pleaded guilty to the fees included in a deal in which he admitted to operating and financing the operation, also receiving a share that is large of ring’s profits.

But despite that deal, Nahmad will nevertheless need to face prison time. He had hoped that their proposal to spend $100,000 per year right into a system to instruct art to underprivileged children would be accepted, but which was soundly refused by U.S. District Judge Jesse Furman.

‘There is just one method for Mr. Nahmad to know his actions have actually consequences,’ Furman stated, ‘and that is to deliver him to prison.’

Judge Questions Nahmad’s Remorse

Judge Furman remarked that Nahmad’s request could have been taken more seriously had he shown some intent to reform himself over the year that is past.

‘Doing good works before sentencing is as low-hanging good fresh fruit since it comes, and he don’t choose it,’ Furman said. ‘It kind of baffles me, become completely honest.’

In addition to his jail time, Nahmad will need to pay a $30,000 fine, complete 300 hours of community service, and live under supervised release for three years. That’s besides the $6.4 million he’d already agreed to forfeit as a element of their plea deal one that also saw him give all rights up to ‘Carnaval a fantastic, 1937,’ a Raoul Dufy painting worth hundreds of thousands.

Nahmad’s lawyers had argued he was raised ‘in a culture where gambling ended up being legal and gambling with high stakes was perhaps not only done but…was normal.’ They pointed out that he was gambling since a young age, placing bets on Knicks games since he was 14 and having been thrown out of the Monaco casino at 15.

Nahmad, now 35, could be the son of billionaire art dealer David Nahmad. The Nahmad family is apparently worth approximately $3 billion.

‘My family is a family that is private I brought dishonor to it,’ Nahmad told Judge Furman. ‘we will never ever forgive myself for exactly what I have done.’

Ring Had Ties to Russian Crime Syndicates

Nahmad ended up being one of 34 individual arrested April that is last when finally broke up the ring. Others charged included several people whom were reportedly connected to Russian organized crime, including Alimzhan Tokhtakhounov, who was said to lead the entire operation from overseas. Tokhtakhounov is also stated to have tried to correct figure skating activities at the 2002 Olympics.

An overall total of 28 members associated with ring 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

Online gambling issues were wrestled by way of a Pennsylvania House Committee. (Image: SimonsFund.org/thecapitol.com)

Of the numerous states that have taken up casino gambling over the decade that is last none have already been more successful than Pennsylvania. The state overtook neighboring New Jersey (home of Atlantic City) as the leading state for gaming revenue in the northeast, a move that ultimately sparked a casino arms race throughout the region in just a few short years. Now, Pennsylvania appears to be considering a move into the final frontier for the American 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 would 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, Not a conclusion

The hearing was co-chaired by State Representatives Rosita(D-Philadelphia that is youngblood and Tina Davis (D-Bucks). According to Youngblood, the hearing ended up being made to be considered a look that is first the possibility of bringing online gambling to Pennsylvania, rather than the time for you to make any decisions.

‘ The purpose that is main this hearing was to jumpstart the debate and provide a venue for our members to obtain valuable information so that we are ready to address this problem in the near future,’ Youngblood said.

The hearing began with opening remarks, after which it four panels had been held on various problems surrounding the online gambling debate.

Kevin O’Toole, executive director associated with the Pennsylvania Gaming Control Board (PGCB), talked to the agency’s role into the ongoing discussion associated with issue.

‘The Gaming Control Board, due to the fact regulatory agency, does not advocate for or against Web gambling,’ O’Toole said. ‘If Web 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 this activity.’

While O’Toole indicated confidence that the PGCB could oversee on the web gambling in the continuing state if called upon to accomplish so, he did say that age verification could be one section of concern.

‘At enough time that the individual registered for an online video gaming account, his/her information can be verified to ensure proper identity and age,’ he said. ‘However, it gets to be more difficult to determine with confidence that no an added compared to the registered player uses that account. This matter requires to be further researched to spot a better procedure for age verification.’

Regulation Would Protect Consumers

Throughout the hearing, some other major players in the neighborhood and national gaming industry could actually share their views as well.

Poker Players Alliance Executive Director John Pappas had been the last speaker, and framed the regulation of on-line poker as being a step to protect customers.

‘Our discussion today just isn’t about expansion of video gaming, it is about corralling the existing marketplace that is unregulated making it something that is safe for consumers and accountable to regulators and our government,’ Pappas said.

The hearing comes after a Pennsylvania Senate committee commissioned a research on gaming in the state year that is last. That report was expected become released by might 1, though it has not yet been made general public.

Not absolutely all of Pennsylvania’s efforts to expand gambling went efficiently. a current effort to allow taverns to host small games of chance attracted hardly any interest despite hopes that several thousand venues might apply for licenses, because of the cost of licensing and the required history checks having dampened royal vegas mobile casino login passion from bar owners.

‘Hopefully we will discover our lesson through the debacle we are seeing with the expansion into tavern gaming, and will provide a debate that is thorough discussion on this issue before allocating away the revenue it will generate,’ Youngblood said.

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