The U.S. Virgin Islands may soon manage to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)
Most Americans know the U.S. Virgin Islands for warm weather and beaches that are beautiful they could see without having to obtain a passport. But thanks to a ruling that is recent the hawaiian islands’ Attorney General, this vacation spot may soon become simply as well-known as a house for on line gambling.
Attorney General Weighs In
V.I. Attorney General Vincent Frazer issued an opinion to other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Internet gambling companies to operate in the nation would not clash with any federal laws in america, meaning that the law could finally be utilized to allow the territory to host Internet gambling companies. So far, the territory had held off on actually permitting any online gaming to get ahead, because of warnings issued from the federal government.
However, as is normally the case in these circumstances, things aren’t quite that clear cut. The law just allows for two companies to operate as ‘master service providers’ within the territory, shutting out any other operators that are potential. And one or more of those companies states they’ve lost most of their investors in the 12 years considering that the legislation has passed away, due to the uncertainty around whether or not they’d ever be in a position to provide online video gaming to players.
Major Economic Impact
If the two companies were permitted to get forward with offering gaming that is online now, it might have huge effect in the territory. According to Nick Pourzal of USVI Host one for the two companies that could possibly offer Internet gaming beneath the law that is current estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both businesses were running at full capacity.
Frazer’s opinion had beenn’t entirely good, however. The Attorney General gave many cautionary notes, including the fact that the Justice Department has changed its mind several times on exactly what states were permitted to do, and that legislation at the federal level could still change the game, as happened when Congress passed the Unlawful Internet Gambling and Enforcement Act (UIGEA) in 2006 over six pages.
‘I opine that the Virgin Islands online Gaming and Gambling Act is legal on its face,’ Frazer wrote. ‘ However, caution should function as rule because the pitfalls have been in the implementation of the law.’
Frazer also showed concern over just how far his viewpoint should really be taken, and exactly how much would be allowed under federal law.
‘There is concern whether the employment of the V.I.’s Web gaming and gambling platform can be utilized by people outside associated with Virgin Islands and not run afoul of the federal law.’
Nevertheless, the Casino Control Commission of this Virgin Islands has hailed the opinion as being a significant action towards turning the territory into an online gaming hub. According to the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin Islands is currently taking care of agreements with states such as New Jersey that have actually approved online gambling, both to make strategic partnerships and to help regulate play that is off-island their sites.
The Virgin Islands Legislature might have something to say about exactly how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 act so as to allow more companies to have the chance to compete for licenses. According to Rivera-O’Reilly, a lot of the principals within the two companies designated as master providers were government insiders the law’s passage, and she plans to introduce an amendment to start up the certification process to competitive bidding.
‘We must learn from our errors while making sure we do this precisely, so that there is no-one to here come in and attempt to stop us,’ Rivera-O’Reilly said.
Nyc Gambling Legislation to Expand Casinos Gets Voter Thumbs Up
Voters in New York State have authorized legislation that huuuge casino login is gambling allows for major casino expansion (Image supply: NYDailyNews)
Just What an it’s been for the land casino business back east, both good and bad week.
On Tuesday, voters in brand New York easily approved a constitutional amendment that will greatly expand the brick-and-mortar casino industry in their state. Nyc’s gambling legislation, that has been to approve as much as seven Las Vegas-style casinos into the state, passed with approximately 57 percent of voters approving. It was at stark contrast to a stunning beat for brand new casinos in the Boston and Palmer areas of Massachusetts in the day that is same.
Cuomo’s Fight Pays Off
The vote was the culmination of a multi-year plan by Governor Andrew Cuomo, who had navigated the complex web of gambling legislation interests in hawaii of New York to come up with a proposal that is widely acceptable to many of the major players here. That included provisions that will leave protected areas for existing Native American gambling enterprises in the state by which companies that are private never be able to build.
But as well as the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in ny, there will now be an amount of additional casinos that will be developed privately in various regions of the region. In the beginning, only four new casinos will likely be allowed a compromise that the State Legislature insisted on when they authorized the program in each of the final two legislative sessions. Those four casinos will be located in various upstate regions: around Albany, within the Hudson Valley or the Catskills, and into the so-called tier that is southern borders northern Pennsylvania.
Eventually, though, that could change. A casino could come to New York City it self in about seven years, along with possibly up to two more into the suburbs near the town around that same time.
The casino vote absolutely saw some divisions within the state, though not on traditional lines that are political. Even though many New Yorkers saw the casino in an effort to boost local economies and retain gambling cash that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there had been also a range that is wide of whom opposed the gambling legislation.
Maybe Not With Out A Fight
Conservative teams, including some Roman Catholic bishops and other religious leaders, warned that the revenue estimates provided by the government were likely inflated and that the social ills that would come along with expanded gambling would outweigh the economic advantages. Meanwhile, progressive groups joined up with in the opposition, stating that the casinos would do the many damage to disadvantaged groups.
While the election neared, opponents centered on the language getting used in the ballot proposition. In the place of utilizing neutral language, the ballot question referenced possible positive outcomes of casino expansion, such as additional jobs and increased taxation income that could be used for schools. Casino opponents sued to possess the language changed, while polling showed that support for the measure more than doubled after the more positive language ended up being included. Finally, the lawsuit was unsuccessful, therefore the question reached the ballot with the greater amount of favorable language.
Additionally, placating Native American tribal groups assisted keep much money from flowing in to the anti-casino movement, while help for the amendment was well-funded by the video gaming industry. This helped prevent much in the real means of organized opposition, with more money and consequently, more television adverts coming down on the side of casino supporters.
The brand new York State Gaming Commission will now appoint a panel which will award licenses to developers who need to build within the Empire State. Of the upstate venues, the Catskills has attracted the most attention, while the region already includes a reputation as a resort location.
If that takes place, that knows; possibly Borscht Belt comedy will return to the even long-gone showrooms of yesteryear there.
Ryan Riess Triumphs at 2013 WSOP Main Event
World number of Poker (WSOP) Main Event winner Ryan Riess showcases their bounty after his $8.3 million takedown of this event. (Image supply: Associated Press)
The first WSOP winner to be born in the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million in the process if anyone thought that the old-guard had made a comeback in WSOP Main Events, their opinions were well and truly readjusted after 23-year-old Ryan Riess.
Following a break of a several months, the November Nine ended up being shaping up to be always a tale of this experienced benefits versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th spot agonizingly short of the final table, the last team contained modern legends like JC Tran and on line phenom, David ‘Raptor’ Benefield.
Nevertheless, Tran’s chip advantage going to the table that is finaln’t spend off, and after a blow-up of massive proportions against Jay Farber who’d been working as a bouncer and VIP host up before the WSOP he was gone in 5th.
With the ‘senior’ pro Amir Lehavot gone additionally, it was down to the Michigan State University graduate, Ryan Riess and Farber, to decide who does raise the silver bracelet and bag themselves place in the history publications.
An In Depth Battle
Farber entered heads-up with the chip that is short, 105 million to Riess’s 85 million, nonetheless it was the more experienced college guy who made his skill tell.
After 30 fingers almost twice the quantity of last year’s heads-up duel the breakthrough came.
Sitting on the button, Farber raised to 2 million, Riess pumped it to 5 million, and Farber possessed a re-pop to 8.8 million. Riess made the decision, and Riess examined the 8d 4s 3c flop. Farber bet 6.7 million, and Riess made the call to simply take the players towards the turn.
The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to produce a cooking pot of 58.5 million. With the river 7s Riess examined once again, and Farber checked. Riess’s Jc Jh was good enough.
Into The Home Straight
With Ryan Riess using a 130 million 60 million lead, it was his game to lose, and despite a brief fightback by Farber, Riess ended up being never going to let his lead disappear.
Sitting on 15bb, Farber did create a brief comeback, doubling up when going all-in on a Kc 5h Qs flop. Riess flipped over Ks 10h for top-pair, with Farber’s Jc 10s in need of a nine or ace to make the right. The 9h duly arrived on the turn to give Farber the double-through, and send their legion of fans into apoplexy.
Short-Lived Hope For Farber
Despite a respite that is brief and being simply two cards away from elimination, Farber couldn’t build on their momentum, and two key fingers saw the finish of his title challenge.
Having a flop of Ad Qd Kc, both players checked, but when the change fell 5s, Farber led out for 4 million. Riess made the phone call, while the Kh came on the river. Both players checked, Farber revealed pocket nines, and Riess showed Ac 6d for top-pair, the tactile hand, and another step en route to the title.
Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration worldwide as he saw Riess ah flip over Kh.
A flop of Jd 10d 4c changed little, however a five would still be good for Farber.
The change of the gave that is 3c just one more card to save your self his competition life. Since the crowd rose, the dealer taken off the 4d regarding the river, and Riess was swamped by their friends and family, as chants of ‘Riess the Beast’ rang away across the Rio Hotel’s Penn and Teller Theater.
The Green And White
For Riess, the $8,361,570 first prize was their. Only a few years ago, Riess was Business that is studying at State University, but a relocate to Las Vegas followed, and their poker journey started. Multiple cashes in the WSOP Circuit came, and his cash that is best before here runner-up in the WSOP-C Horseshoe Main Event had been all Riess had to show for his poker experience.