The U.S. Virgin Islands may soon be able to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)
Many Americans know the U.S. Virgin Islands for the sunshine and beaches that are beautiful they are able to see without being forced to obtain a passport. But thanks to a ruling that is recent the hawaiian islands’ Attorney General, this vacation spot may soon become just as well-known as a home for on the web gambling.
Attorney General Weighs In
V.I. Attorney General Vincent Frazer issued an opinion with other Virgin isles officials, stating that the 2001 V.I. legislation that allowed for Web gambling companies to run in the country will never clash with any laws that are federal the United States, meaning that the law could finally be used to permit the territory to host Internet gambling companies. As yet, the territory had held off on actually enabling any online gaming to go ahead, because of warnings issued from the federal government.
However, as is generally 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’ in the territory, shutting out some other operators that are potential. And at least one of those companies states which they’ve lost a majority of their investors in the 12 years considering that the legislation has passed, due to the doubt around if they’d ever be able to provide online video gaming to players.
Major Economic Influence
If the two businesses were allowed to get forward with providing online gaming all over the world now, it could have a huge effect on the territory. According to Nick Pourzal of USVI Host one for the two companies that could offer Internet gaming under the law that is current estimates that the maximum amount of as $30 million could go to the territory’s General Fund if both organizations were operating at full capacity.
Frazer’s opinion ended up beingn’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 Web Gaming and Gambling Act is legal on its face,’ Frazer penned. ‘ However, caution should be the rule because the pitfalls are in the implementation of the statutory law.’
Frazer also showed concern over just how far his opinion must certanly be taken, and exactly how much would be allowed under federal legislation.
‘There is concern whether the use of the V.I.’s online gaming and gambling platform works extremely well by persons outside for the Virgin Islands and not run afoul of the federal law.’
Still, the Casino Control Commission regarding the Virgin isles has hailed the opinion being a significant action towards switching the territory into a gaming hub that is online. In line with the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin Islands is currently working on agreements with states such as New Jersey that have actually approved online gambling, both to form strategic partnerships and to simply help regulate off-island play on their sites.
The Virgin Islands Legislature may have something to state about how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 act in order to allow more companies to really have the possiblity to compete for licenses. According to Rivera-O’Reilly, lots of the principals within the two companies designated as master service providers were government insiders the legislation’s passage, and she plans to introduce an amendment to start the licensing process up to competitive bidding.
‘We must discover from our errors and also make yes we do this properly, so that no-one can come in here and try to stop us,’ Rivera-O’Reilly said.
Nyc Gambling Legislation to Expand Casinos Gets Voter Thumbs Up
Voters in brand New York State have authorized legislation that is gambling enables for major casino expansion (Image source: NYDailyNews)
Just What an it’s been for the land casino business back east, both good and bad week.
On Tuesday, voters in New York easily authorized 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 up to seven Las Vegas-style casinos in the state, passed with approximately 57 percent of voters approving. It was in stark contrast to a wonderful defeat 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 plan that is multi-year Governor Andrew Cuomo, who had navigated the complex web of gambling legislation interests in the state of the latest York in the future up with a proposal that would be widely acceptable to most of the major players there. That included provisions that will leave protected areas for existing Native American casinos into the state in which personal companies will never be able to build.
But besides the five Indian gambling enterprises and nine slot parlors (located at race tracks) currently in nyc, there will now be a range additional casinos that will be developed privately in various regions of the area. At the start, only four new gambling enterprises will be allowed a compromise that the State Legislature insisted on when they authorized the program in each of the last two sessions that are legislative. Those four casinos will be situated in various upstate regions: around Albany, into the Hudson Valley or the Catskills, and in the so-called tier that is southern borders northern Pennsylvania.
Eventually, though, that could change. A casino could come to New York City itself in about seven years, along with perhaps up to two more in the suburbs near the town around that same time.
The casino vote surely saw some divisions within the state, though not on traditional lines that are political. While 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.
Not With Out A Battle
Conservative teams, including some Roman Catholic bishops as well as other religious leaders, warned that the revenue estimates given by the government were likely inflated and that the social ills that would arrive with expanded gambling would outweigh the economic advantages. Meanwhile, progressive teams joined up with in the opposition, stating that the casinos would do the many harm to disadvantaged groups.
As the election neared, opponents centered on the language used in the ballot idea. In place of using language that is neutral the ballot concern 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 help for the measure more than doubled once the more language that is positive included. Finally, the lawsuit was unsuccessful, and the question reached the ballot with the greater amount of favorable language.
Additionally, placating Native American tribal groups aided keep money that is much flowing in to the anti-casino movement, while support for the amendment was well-funded by the video gaming industry. This helped prevent much in the means of organized opposition, with a lot more money and consequently, more tv advertisements 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, since the region already includes a reputation as a resort location.
If that happens, who knows; perhaps Borscht Belt comedy will return to the even long-gone showrooms of yesteryear there.
Ryan Riess Triumphs at 2013 WSOP Main Event
World variety of Poker (WSOP) Main Event winner Ryan Riess showcases his bounty following his $8.3 million takedown associated with the event. (Image supply: Associated Press)
If anyone thought that the old-guard had enjoyed a resurgence in WSOP principal Events, their opinions were well and undoubtedly readjusted after 23-year-old Ryan Riess the very first WSOP winner become created into the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million into the process.
The November Nine was shaping up to be a story of the experienced pros versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th place agonizingly short of the final table, the last group contained modern legends like JC Tran and online phenom, David ‘Raptor’ Benefield after a break of a several months.
Nevertheless, Tran’s chip advantage going to the table that is finaln’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 had been right down to the Michigan State University graduate, Ryan Riess and Farber, to decide that would raise the gold bracelet and bag themselves an accepted place in the annals publications.
An In Depth Battle
Farber entered heads-up with the brief chip lead, 105 million to Riess’s 85 million, however it was the more experienced university guy who made his skill tell.
The breakthrough came after 30 hands almost double the amount of last year’s heads-up duel.
Sitting on the switch, Farber raised to 2 million, Riess pumped it up to 5 million, and Farber had a re-pop to 8.8 million. Riess made the decision, and Riess checked the 8d 4s flop that is 3c. Farber bet 6.7 million, and Riess made the call to take the players to your turn.
The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to make a 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 taking a 130 million 60 million lead, it was his game to lose, and despite a brief fightback by Farber, Riess was never going to let his lead disappear.
Sitting on 15bb, Farber did produce a comeback that is brief doubling up whenever 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 right. The 9h duly arrived in the turn to give Farber the double-through, and send his legion of fans into apoplexy.
Short-Lived Hope For Farber
Despite a respite that is brief and being just two cards far from elimination, Farber couldn’t build on their energy, and two key arms saw the conclusion of his title challenge.
By having a flop of Ad Qd Kc, both players checked, but when the turn fell 5s, Farber led out for 4 million. Riess made the decision, and also the Kh came in the river. Both players checked, Farber showed pocket nines, and Riess showed Ac 6d for top-pair, the tactile hand, and another step en route to your name.
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 turn of the 3c gave Farber just one more card to save his tournament life. The Beast’ rang out around the Rio Hotel’s Penn and Teller Theater as the crowd rose, the dealer peeled off the 4d on the river, and Riess was swamped by his friends and family, as chants of ‘ Riess.
The Green And White
For Riess, the $8,361,570 prize that is first his. Only a couple years ago, Riess was studying Business at Michigan State University, however a proceed to Las Vegas implemented, and their poker journey began. Multiple cashes regarding 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.