U.S. Virgin Islands Can Offer Online Gambling
U.S. Virgin Islands Can Offer Online Gambling
The U.S. Virgin Islands may soon be able to offer online video gaming, but many caveats abound. (Image supply: Travel.usnews.com)
Many Americans know the U.S. Virgin Islands for the sunshine and beautiful beaches that they can go to without being forced to get yourself 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 a viewpoint to other Virgin isles officials, stating that the 2001 V.I. legislation that allowed for Internet gambling companies to run in the country wouldn't normally clash with any federal laws in america, meaning that the law could finally be utilized to permit the territory to host Internet gambling companies. So far, the territory had held off on actually permitting any online video gaming to get ahead, because of warnings issued from the government that is federal.
However, as is normally the case in these situations, things aren't quite that clear cut. What the law states just allows for two companies to operate as 'master service providers' into the territory, shutting out virtually any operators that are potential. And at least one of those companies claims which they've lost a majority of their investors in the 12 years since the legislation has passed away, due to the doubt around whether they'd ever be able to provide gaming that is online players.
Major Economic Influence
But if the two businesses were permitted to get forward with providing online gaming worldwide now, it might have huge impact regarding the territory. According to Nick Pourzal of USVI Host one for the two companies that can offer Internet gaming beneath the current legislation he estimates that the maximum amount of as $30 million could go to the territory's General Fund if both businesses were running at full capacity.
Frazer's opinion ended up beingn't completely 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 Internet Gaming and Gambling Act is appropriate on its face,' Frazer penned. ' However, caution should be the rule because the pitfalls come in the utilization of the legislation.'
Frazer also showed concern over just how far his opinion should really be taken, and how much would be allowed under federal legislation.
'There is concern whether the utilization of the V.I.'s Internet gaming and gambling platform can be used by persons outside associated with the Virgin Islands and not run afoul of the federal law.'
Nevertheless, the Casino Control Commission associated with Virgin isles has hailed the opinion as a significant action towards switching the territory into an online gaming hub. In line with the Commission's Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently focusing on agreements with states such as New Jersey that have actually approved on line gambling, both to form strategic partnerships and to aid regulate off-island play on their sites.
The Virgin Islands Legislature may have something to state about just how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O'Reilly want to amend the 2001 act in an effort to allow more companies to have the opportunity to compete for licenses. According to Rivera-O'Reilly, lots of the principals into the two companies designated as master providers were government insiders the law's passage, and she plans to introduce an amendment to open up the licensing process to competitive putting in a bid.
'We must discover from our mistakes and also make yes we do this precisely, so that there is no-one to here come in and attempt to stop us,' Rivera-O'Reilly said.
New York Gambling Legislation to Expand Casinos Gets Voter Thumbs Up
Voters in New York State have authorized gambling legislation that enables for major casino expansion (Image source: NYDailyNews)
Exactly What a week it's been for the land casino company back east, both bad and the good.
On Tuesday, voters in brand New York comfortably authorized an amendment that is constitutional will greatly expand the brick-and-mortar casino industry in the state. Ny's gambling legislation, which was to accept as much as seven Las Vegas-style gambling enterprises within the continuing state, passed with approximately 57 percent of voters approving. It was at stark contrast to a stunning beat for new casinos in the Boston and Palmer areas of Massachusetts on the day that is same.
Cuomo's Fight Pays Off
The vote was the culmination of a multi-year plan by Governor Andrew Cuomo, whom had navigated the complex web of gambling legislation interests in the state of the latest York to come up with a proposal that is widely acceptable to most of the major players there. That included provisions that will leave protected areas for existing Native American gambling enterprises into the state in which companies that are private not be able to build.
But as well as the five Indian casinos and nine slot parlors (located at race tracks) already in ny, there will now be a wide range of additional casinos that will be developed independently in various regions of the location. In the beginning, only four new casinos will be allowed a compromise that the State Legislature insisted on when they approved the program in all the final two sessions that are legislative. Those four casinos will be located in various upstate regions: around Albany, into the Hudson Valley or the Catskills, and within the so-called Southern Tier that borders northern Pennsylvania.
Eventually, though, that could change. A casino could come to New York City itself in about seven years, along with possibly up to two more in the suburbs near the town around that same time.
The casino vote certainly saw some divisions within the state, though not on traditional lines that are political. While many New Yorkers saw the casino in order to boost regional economies and retain gambling cash that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there had been also a variety of teams who opposed the gambling legislation.
Maybe Not Without a Battle
Conservative groups, including some Roman Catholic bishops as well as other religious leaders, warned that the income estimates supplied by the government were likely inflated and that the social ills that would arrive with expanded gambling would outweigh the economic advantages. Meanwhile, progressive groups joined up with in the opposition, saying that the casinos would do the harm that is most to disadvantaged groups.
While the election neared, opponents focused on the language being used in the ballot proposition. In place of making use of neutral language, the ballot concern referenced possible positive outcomes of casino expansion, such as added jobs and increased tax income that could be used for schools. Casino opponents sued to possess the language changed, while polling showed that support for the measure increased significantly after the more positive language had been included. Ultimately, the lawsuit was unsuccessful, as well as the question reached the ballot with the greater language that is favorable.
Additionally, placating Native American tribal groups assisted keep money that is much flowing into the anti-casino movement, while support for the amendment was well-funded by the video gaming industry. This helped prevent much in the real means of organized opposition, with far more money and therefore, more tv advertisements coming down on the side of casino supporters.
This new York State Gaming Commission will now appoint a panel that will award licenses to developers who desire to build within the Empire State. Of the upstate venues, the Catskills has attracted the attention that is most, because the region already includes a reputation as a resort destination.
If that happens, that knows; maybe Borscht Belt comedy will even return to the 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 his bounty following his $8.3 million takedown for the event. (Image supply: Associated Press)
If anyone thought that the old-guard had made a comeback in WSOP Main Activities, their opinions were well and undoubtedly readjusted after 23-year-old Ryan Riess the very first WSOP winner to be born within the 1990s triumphed within the 2013 showpiece, bagging almost $8.3 million in the process.
After having a break of a a few months, the November Nine had been shaping up to be always a story of the experienced professionals versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th spot agonizingly short of the final table, the last group contained modern legends like JC Tran and on the web phenom, David 'Raptor' Benefield.
But, Tran's chip advantage going in to the last table didn't pay off, and after a blow-up of massive proportions against Jay Farber who'd been being employed 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 right down to the Michigan State University graduate, Ryan Riess and Farber, to decide who does lift the gold bracelet and case themselves place in the real history publications.
A Close Battle
Farber entered heads-up with the chip that is short, 105 million to Riess's 85 million, however it was the more experienced university man 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 switch, Farber raised to 2 million, Riess pumped it to 5 million, and Farber possessed a re-pop to 8.8 million. Riess made the call, and Riess examined the 8d 4s flop that is 3c. Farber bet 6.7 million, and Riess made the call to 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 more, and Farber checked. Riess's Jc Jh was good enough.
Into The Home Straight
With Ryan Riess taking a 130 million 60 million lead, it had been his game to lose, and despite a brief fightback by Farber, Riess ended up being never ever going to let his lead disappear.
Sitting on 15bb, Farber did produce a comeback that is brief 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 result in the straight. The 9h duly arrived regarding the change to give Farber the double-through, and send his legion of fans into apoplexy.
Short-Lived Hope For Farber
Despite a brief respite, and being just two cards far from elimination, Farber couldn't build on their momentum, and two key fingers saw the finish of his title challenge.
Both players checked, but when the turn fell 5s, Farber led out for 4 million with a flop of Ad Qd Kc. Riess made the decision, and also the Kh came in 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 your name.
Final Hand
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 flip over Ah 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 their tournament life. While the crowd rose, the dealer peeled off the 4d on the river, and Riess was swamped by their buddies and family, as chants of 'Riess the Beast' rang down round the Rio Hotel's Penn and Teller Theater.
The Green And White
For Riess, the $8,361,570 prize that is first their. Only a couple years ago, Riess was Business that is studying at State University, but a relocate to Las Vegas used, and their poker journey started. Multiple cashes on the WSOP Circuit came, and his cash that is huuuge welcome bonus best before here runner-up in the WSOP-C Horseshoe Main Event ended up being all Riess had to show for his poker experience.
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