Brand New Hampshire Casino Bid Rejected by One Vote
 Brand New Hampshire Casino Bid Rejected by One Vote It’s good news for Massachusetts, as New Hampshire rejects its casino bill that is latest.

It’s good news for Massachusetts, as New Hampshire rejects its casino bill that is latest.
It would 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 ended up being killed off in the home a week ago by one vote, only 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 throughout the session, cast the deciding vote following a 172-172 tie.
The bill might 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 urban centers, and a recent poll by the University of New Hampshire suggested that the majority of residents were in favor of casino gambling.
Two casinos in full procedure would generate $168 million for the state, it is projected, and the Granite State needs the funds as part of your, now that its controversial ‘hospital tax’ has been ruled unconstitutional, leaving a $185 million hole within the state spending plan.
A New Hope
It is understood that 17 representatives whom voted against final month’s bill changed their minds these times, mainly because it ended up being tagged onto a bill to decriminalize marijuana, which they supported. Likewise, 42 representatives were marked as absent, presumably since 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 Democrat Lou D’Allesandro. A motion has already been filed to reopen debate on the bill, and D’Allesandro thinks it features a good potential for being passed time that is next.
‘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 every person was so delighted by the basic idea of a reconsideration of the bill, but.
‘I feel such as this is deja vu yet again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate an ago, but the problems have not gone away. month’
Good News for Massachusetts
One thing’s for sure: the winner that is big now is Massachusetts, whose very own burgeoning casino industry is damaged by legalization in neighboring New Hampshire. This past year, Massachusetts Gaming Commission Chairman Stephen Crosby said he was concerned about the result New Hampshire gambling enterprises might have on the Boston market, adding that he believed it was ‘inevitable’ that the casino would open in Salem.
‘It’s a victory, because it looks like this state is not quite ready to create 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 going all the way down to Connecticut.’
And with casino-bonus-free-money.com 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 center in Western Massachusetts, but it will certainly be 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 ring that is gambling. (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 consumers around the world. Now, he will be spending a little over a 12 months in prison for his leading role in one of the largest gambling that is illegal across the globe.
Nahmad was sentenced to at least one 12 months and one day in federal prison on last week for operating a unlawful gambling ring that worked with athletes, Wall Street executives and Hollywood celebrities. Nahmad pleaded guilty to the charges as part of a deal in which he admitted to operating and funding the operation, along with getting a large share associated with ring’s earnings.
But despite that deal, Nahmad will nevertheless have to face prison time. He had hoped that their proposition to pay $100,000 per year right into a system to instruct art to underprivileged young ones would be accepted, but which was soundly refused by U.S. District Judge Jesse Furman.
‘There is one method for Mr. Nahmad to understand his actions have actually consequences,’ Furman stated, ‘and that is to deliver him to jail.’
Judge Questions Nahmad’s Remorse
Judge Furman pointed out that Nahmad’s request might have been taken more seriously had he shown some intent to reform himself within the past year.
‘Doing good works before sentencing is as low-hanging fresh fruit because it comes, and he didn’t pick it,’ Furman stated. ‘It sort 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 release for three years. That is as well as the $6.4 million he’d already agreed to forfeit as being a part of his plea deal one that additionally saw him give up all rights 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 had been appropriate and gambling with high stakes was maybe not only done but…was normal.’ They pointed out that he had been gambling since a young age, placing bets on Knicks games since he had been 14 and having 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 really a family that is private I brought dishonor to it,’ Nahmad told Judge Furman. ‘I shall never forgive myself for exactly 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 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 stated to own tried to fix figure skating occasions at the 2002 Olympics.
A complete of 28 people of this 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
Online 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 last decade, none happen 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 seems to be considering a move into the ultimate frontier associated with 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 in the state. Over the length of the hearing, dilemmas ranging from the potential social impact of Internet gaming to policy dilemmas, the technology included and customer protection were talked about.
A Start to Discussion, Maybe Not an End
The hearing had been co-chaired by State Representatives Rosita Youngblood (D-Philadelphia) and Tina Davis (D-Bucks). According to Youngblood, the hearing had been designed to be described as a very first appearance at the possibility of bringing online gambling to Pennsylvania, as opposed to 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 individuals are ready to address this issue into the near future,’ Youngblood said.
The hearing began with opening remarks, after which four panels were held on various issues surrounding the online gambling debate.
Kevin O’Toole, executive director associated with Pennsylvania Gaming Control Board (PGCB), talked to the agency’s part in the ongoing discussion for the problem.
‘The Gaming Control Board, since the agency that is regulatory does not advocate for or against Internet gambling,’ O’Toole said. ‘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 indicated confidence that the PGCB could oversee online gambling in the state if called upon to accomplish so, he did say that age verification could be one area of concern.
‘At the full time that a person registered for an online gaming account, his/her information can be verified to make sure proper identification and age,’ he stated. ‘However, it gets to be more tough to determine with confidence that no one other than the registered player uses that account. This dilemma needs to be further researched to spot a better procedure for age verification.’
Regulation Would Protect Customers
Throughout the hearing, some other major players in the local and gaming that is national could actually share their perspectives as well.
Poker Players Alliance Executive Director John Pappas was the speaker that is final and framed the regulation of internet poker as being a step to protect consumers.
‘Our discussion today just isn’t about expansion of video gaming, it is about corralling the present unregulated market and making it 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 video gaming in the state this past year. That report was expected become released by might 1, though it has not yet been made public.
Not absolutely 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 hardly any interest despite hopes that thousands of venues might apply for licenses, because of the price of licensing and the required background checks having dampened enthusiasm from bar owners.
‘Hopefully we will discover our lesson through the debacle we are seeing utilizing the expansion into tavern gaming, and certainly will give a thorough debate and conversation on this issue before allocating away the revenue it will create,’ Youngblood said.
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