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 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 will be impossible for New Hampshire to come closer to casino that is legalizing without actually doing it following a two-hour debate, the state’s two-casino bill had been killed off inside your home the other day by one vote, just one month after its one-casino bill was refused by 29 votes, and 12 months after the one before that. Deputy Speaker Naida Kaen, who was simply presiding on the session, cast the deciding vote following a tie that is 172-172.

The bill could 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 the latest Hampshire suggested that almost all of residents were in favor of casino gambling.

Two gambling enterprises in full procedure would make $168 million for the state, it’s calculated, and the Granite State needs the cash as part of your, now that its controversial ‘hospital tax’ was ruled unconstitutional, leaving a $185 million hole into the state budget.

A New Hope

It is understood that 17 representatives whom voted against last month’s bill changed their minds these times, largely they supported because it was tagged onto a bill to decriminalize marijuana, which. Likewise, 42 representatives were marked as absent, presumably because they weren’t therefore 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.

For the prime sponsor associated with 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 the next occasion.

‘While I am disappointed in the rejection of the bill today, which may have permitted for personal investment that would stimulate financial growth and job creation, we stay hopeful that a different outcome might nevertheless be possible,’ D’Allesandro said in a declaration.

Not everyone was so thrilled by the idea of a reconsideration of the bill, but.

‘I feel similar to this is deja vu yet again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate an ago, but the problems never have gone away. month’

Good News for Massachusetts

One thing’s for sure: the winner that is big now is Massachusetts, whose 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 effect New Hampshire gambling enterprises may have on the Boston market, adding that he believed it had been ‘inevitable’ that a casino would start in Salem.

‘It’s a victory, because it appears like this state is not quite ready to produce the plunge,’ said the Rev. Richard McGowan, a Boston College gaming expert. ‘It would help Boston … people in New Hampshire are more likely to come to the Boston area instead of going all of the 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 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 facility https://casino-bonus-free-money.com/royal-vegas-casino/ in Western Massachusetts, but it shall 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 12 months in prison for their role in a massive high-stakes gambling ring. (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 customers around the globe. Now, he’ll 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 1 12 months and something day in federal prison on last week for operating a illegal gambling ring that worked with athletes, Wall Street professionals and Hollywood a-listers. Nahmad pleaded guilty to the fees included in a deal in which he admitted to running and funding the operation, along with getting a large share of this ring’s profits.

But despite that deal, Nahmad will nevertheless need certainly to face prison time. He had hoped that their proposition to spend $100,000 each year into a program to show art to underprivileged kiddies would be accepted, but which was soundly rejected by U.S. District Judge Jesse Furman.

‘There is only one means for Mr. Nahmad to know his actions have consequences,’ Furman stated, ‘and that is to send him to prison.’

Judge Issues Nahmad’s Remorse

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

‘Doing good works before sentencing is as low-hanging fruit he didn’t pick it,’ Furman said as it comes, and. ‘It kind of baffles me, to be completely honest.’

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

Nahmad’s attorneys had argued he grew up ‘in a culture where gambling was legal and gambling with a high stakes was perhaps not only done but…was normal.’ They pointed out which he was indeed gambling since an early age, placing bets on Knicks games since he had been 14 and achieving been trashed of the Monaco casino at 15.

Nahmad, now 35, may 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. ‘I shall never forgive myself for exactly what I have done.’

Ring Had Ties to Russian Crime Syndicates

Nahmad was 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 simply believed to lead the operation that is entire overseas. Tokhtakhounov is also stated to own attempted to correct figure skating occasions at the 2002 Olympics.

A complete of 28 users for the 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 by way of a Pennsylvania House Committee. (Image: SimonsFund.org/thecapitol.com)

Of the many states that have taken up casino gambling over the decade that is last none have now 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 seems to be considering a move into the last frontier for the American gaming industry: online gambling.

The Pennsylvania House Democratic Policy Committee held a public hearing last week to talk about the impact that regulating online gambling might have in the state. Over the span of the hearing, problems ranging from the potential social effect of Internet gaming to policy issues, the technology included and customer protection were discussed.

A Start to Discussion, Maybe Not a conclusion

The hearing had been co-chaired by State Representatives Rosita Youngblood (D-Philadelphia) and Tina Davis (D-Bucks). Based on Youngblood, the hearing had been built to be considered a first appearance at the chance of bringing online gambling to Pennsylvania, rather than the time to make any decisions.

‘ The main purpose behind this hearing would be to jumpstart the debate and provide a location for our members to obtain valuable information so we are ready to deal with this problem within the near future,’ Youngblood said.

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

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

‘The Gaming Control Board, since the regulatory agency, does not advocate for or against Web gambling,’ O’Toole stated. ‘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 that activity.’

While O’Toole indicated confidence that the PGCB could oversee online gambling in the continuing state if asked to complete so, he did say that age verification could be one area of concern.

‘At enough time that the person registered for a gaming that is online, his/her information can be verified to ensure proper identification and age,’ he stated. ‘However, it gets to be more tough to determine with confidence that no one other compared to registered player uses that account. This matter needs to be further researched to identify a better process for age verification.’

Regulation Would Protect Customers

Throughout the hearing, other major players in the neighborhood and national gaming industry were able to share their perspectives as well.

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

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

The hearing comes after a Pennsylvania Senate committee commissioned a research on video gaming in the state a year ago. That report was expected to be released by May 1, though it has not yet been made general public.

Not all of Pennsylvania’s efforts to expand gambling went efficiently. a recent effort to allow taverns to host small games of chance attracted little interest despite hopes that a huge number of venues might apply for licenses, aided by the cost of licensing and the required background checks having dampened passion from club owners.

‘Hopefully we will learn our lesson through the debacle we are seeing aided by the expansion into tavern gaming, and will provide a thorough debate and discussion with this issue before allocating away the revenue it will generate,’ Youngblood stated.

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