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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 latest casino bill.

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 House a week ago by one vote, just one single 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 was simply presiding throughout the session, cast the deciding vote following a 172-172 tie.

The bill could have paved the real way for two 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 recent poll by the University of the latest Hampshire suggested that almost all of residents were in support of casino gambling.

Two casinos in full operation would make $168 million for the state, it’s estimated, and the Granite State requires the amount of money inside your, now that its controversial ‘hospital tax’ is ruled unconstitutional, leaving a $185 million hole into the state budget.

A Brand New Hope

It’s understood that 17 representatives whom voted against last month’s bill changed their minds these times, largely since it was tagged onto a bill to decriminalize cannabis, that they supported. 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.

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 the next occasion.

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

Not every person was so thrilled by the concept of a reconsideration of the bill, however.

‘I feel such as this is deja vu yet again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate a month ago, but the dilemmas have actually not gone away.’

Good News for Massachusetts

One thing’s for sure: the winner that is big now is Massachusetts, whose own burgeoning casino industry would be damaged by legalization in neighboring New Hampshire. A year ago, Massachusetts Gaming Commission Chairman Stephen Crosby said he was concerned about the consequence brand New Hampshire gambling enterprises could have on the Boston market, adding it was ‘inevitable’ that a casino would open in royal vegas casino contact Salem that he believed.

‘It’s a victory, because it looks like this continuing state isn’t quite ready to create the plunge,’ said the Rev. Richard McGowan, a Boston university gaming expert. ‘It would help Boston … people in brand New Hampshire are greatly predisposed to come to the Boston area instead of going most 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 remaining Massachusetts casino license.

‘It truly makes both of these happy that there is one less competitor,’ agrees McGowan. ‘It won’t really help the center in Western Massachusetts, but it will certainly be a boost in Boston.’

Ny Art Dealer Helly Nahmad Sentenced for Role in Gambling Ring

High-profile ny 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 ny City art dealer Hillel ‘Helly’ Nahmad offered gambling services to celebrities and other ultra-rich customers around the globe. 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 around the world.

Nahmad was sentenced to one 12 months and another day in federal jail on final week for operating a illegal gambling ring that worked with athletes, Wall Street executives and Hollywood a-listers. Nahmad pleaded guilty to the charges as an element of a deal in which he admitted to running and funding the operation, along with receiving a share that is large of ring’s earnings.

But despite that deal, Nahmad will still need to face prison time. He had hoped that his proposition to spend $100,000 each year right into a program to instruct art to children that are underprivileged be accepted, but that was soundly refused by U.S. District Judge Jesse Furman.

‘There is just one means for Mr. Nahmad to understand his actions have consequences,’ Furman said, ‘and that is to deliver him to jail.’

Judge Issues Nahmad’s Remorse

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

‘Doing good works before sentencing is as low-hanging fruit since it comes, in which he didn’t choose 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 launch for three years. That is in addition to the $6.4 million he’d already agreed to forfeit as a element of their plea deal one that additionally saw him give all rights up to ‘Carnaval a great, 1937,’ a Raoul Dufy painting worth hundreds of thousands.

Nahmad’s lawyers had argued that he grew up ‘in a culture where gambling ended up being legal and gambling with high stakes was perhaps not just done but…was normal.’ They pointed out which he had been gambling since an early age, placing bets on Knicks games since he had been 14 and achieving been dumped of a 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. ‘I will never forgive myself for just what I have done.’

Ring Had Ties to Russian Crime Syndicates

Nahmad was certainly one of 34 individual arrested final April when authorities finally broke up the band. Others charged included several people who were reportedly connected to Russian arranged crime, including Alimzhan Tokhtakhounov, who was simply believed to lead the entire operation from overseas. Tokhtakhounov is also stated to own attempted to repair figure skating activities at the 2002 Olympics.

An overall total of 28 users 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

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

Of the numerous states which have taken up casino gambling over the decade that is last 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 last frontier of this 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 line gambling could have in 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, Maybe Not a conclusion

The hearing ended up being co-chaired by State Representatives Rosita Youngblood (D-Philadelphia) and Tina Davis (D-Bucks). According to Youngblood, the hearing ended up being made to be described as a look that is first 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 supply a venue for our members to obtain valuable information so that we are ready to deal with this issue in the near future,’ Youngblood said.

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

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

‘The Gaming Control Board, as the agency that is regulatory does not advocate for or against online 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 be the authorized providers of the activity.’

While O’Toole expressed confidence that the PGCB could oversee online gambling in the state if contacted to do so, he did say that age verification could be one part of concern.

‘At the full time that the individual registered for a gaming that is online, his/her information can be verified to ensure proper identification and age,’ he said. ‘However, it gets to be more tough to figure out with confidence that no one other than the registered player uses that account. This issue needs to be further researched to spot a better process 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 had been the speaker that is final and framed the regulation of online poker as a step to protect consumers.

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

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

Only a few of Pennsylvania’s efforts to expand gambling have gone smoothly. a current effort to allow taverns to host small games of chance attracted very little interest despite hopes that 1000s of venues might apply for licenses, using the price of licensing and the required history checks having dampened enthusiasm from bar owners.

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

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