Brand New Hampshire Casino Bid Rejected by One Vote

It’s very 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 really doing it following a two-hour debate, the state’s two-casino bill ended up being killed off in the home last week by one vote, only one month after its one-casino bill was rejected by 29 votes, and 12 months after the one before that. Deputy Speaker Naida Kaen, who had been presiding throughout the session, cast the deciding vote following a tie that is 172-172.

The bill could have paved the 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 towns, and a recent poll by the University of New Hampshire suggested that the majority of residents were in favor of casino gambling.

Two gambling enterprises in full operation would make $168 million for the continuing state, it is approximated, and the Granite State requires the amount of money more than ever, now that its controversial ‘hospital tax’ is ruled unconstitutional, leaving a $185 million hole within 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 they supported because it was tagged onto a bill to decriminalize marijuana, which. Likewise, 42 representatives were marked as absent, presumably simply because they weren’t so 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 believes it has a good potential for being passed time that is next.

‘I remain hopeful that a different outcome might still be possible,’ D’Allesandro said in a statement while I am disappointed in the rejection of this bill today, which would have allowed for private investment that would stimulate economic growth and job creation.

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

‘I feel such as this is deja vu yet again,’ groaned Hopkinton Democrat Rep Gary Richardson, tautologically. ‘We had this debate a thirty days ago, however the issues have not gone away.’

Good News for Massachusetts

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

‘It’s a victory, because it appears like this state isn’t quite ready to help make the plunge,’ said the Rev. Richard McGowan, a Boston College gaming expert. ‘It would help Boston … people in brand New Hampshire are much more likely to come to the Boston area instead of going all of the real 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 definitely makes both of those happy that there’s one less competitor,’ agrees McGowan. ‘It won’t really help the center in Western Massachusetts, but it shall be described as 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 their role in a massive high-stakes gambling ring. (Image: Elitedaily.com)

Once upon a time, well-known New York City art dealer Hillel ‘Helly’ Nahmad offered gambling services to celebrities and other ultra-rich clients around the globe. Now, he will be spending a little over a year in prison for his leading role in just one of the largest unlawful gambling rings across the globe.

Nahmad was sentenced to 1 year plus one day in federal jail on final week for operating a unlawful gambling ring that worked with athletes, Wall Street professionals and Hollywood celebrities. Nahmad pleaded guilty to the costs included in a deal in which he admitted to operating and financing the operation, along with getting a large share of the ring’s earnings.

But despite that deal, Nahmad will still have to face prison time. He had hoped that his proposal to spend $100,000 per year into a system to show art to children that are underprivileged be accepted, but that was soundly rejected by U.S. District Judge Jesse Furman.

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

Judge Questions Nahmad’s Remorse

Judge Furman remarked that Nahmad’s request could have been taken more seriously had he shown some intent to reform himself within the year that is past.

‘Doing good works before sentencing is as low-hanging fresh fruit as it comes, and he did not pick it,’ Furman stated. ‘It type of baffles me, become completely honest.’

In addition to his jail time, Nahmad will need 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 being a part of his plea deal one that additionally saw him give up all liberties to ‘Carnaval a Nice, 1937,’ a Raoul Dufy painting worth hundreds of thousands.

Nahmad’s attorneys had argued which he grew up ‘in a culture where gambling was legal and gambling with a high stakes was not just done but…was normal.’ They pointed out which he had been gambling since a young age, placing bets on Knicks games since he ended up being 14 and having 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 apparently worth approximately $3 billion.

‘My family is just 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 one of 34 individual arrested final April when authorities finally broke up the ring. Others charged included several people who were reportedly connected to Russian organized crime, including Alimzhan Tokhtakhounov, who was said to lead the entire operation from overseas. Tokhtakhounov is also said to own attempted to repair figure skating events at the 2002 Olympics.

A complete of 28 members for the band 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 the web gambling issues were wrestled by way of a Pennsylvania House Committee. (Image: SimonsFund.org/thecapitol.com)

Of the many states which have taken up casino gambling over the decade that is last none are more successful than Pennsylvania. In only a few short years, hawaii overtook neighboring New Jersey (house of Atlantic City) because the leading state for gaming revenue in the northeast, a move that eventually sparked a casino arms race through the region. Now, Pennsylvania seems to be considering a transfer to the final frontier of the American video gaming industry: online gambling.

The Pennsylvania House Democratic Policy Committee held a hearing that is public week to discuss the impact that regulating on line gambling might have in the state. Over the length of the hearing, problems ranging from the potential social effect of Internet gaming to policy dilemmas, the technology included and customer security were talked about.

A Start to Discussion, Perhaps Not an End

The hearing ended up being co-chaired by State Representatives Rosita(D-Philadelphia that is youngblood and Tina Davis (D-Bucks). According to Youngblood, the hearing ended up being designed to be considered a look that is first the possibility of bringing online gambling to Pennsylvania, as opposed to the time to make any decisions.

‘ The primary purpose behind this hearing was to jumpstart the debate and supply a location for our members to obtain valuable information so that we are prepared to address 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 of the Pennsylvania Gaming Control Board (PGCB), spoke to the agency’s role into the ongoing discussion of this problem.

‘The Gaming Control Board, since the agency that is regulatory 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 certified casino operators be the authorized providers of the activity.’

While O’Toole expressed confidence that the PGCB could oversee on line gambling in the state if called upon to do so, he did state that age verification could be one section of concern.

‘At the full time that a person registered for an online video gaming account, his/her information can be verified to make sure proper identity and age,’ he said. ‘However, it gets to be more tough to figure out with confidence that no an added compared to registered player uses that account. This matter requires to be further researched to spot a better process for age verification.’

Regulation Would Protect Consumers

Throughout the hearing, various other major players in the regional and gaming that is national were able to share their perspectives as well.

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

‘Our discussion today isn’t about expansion of video gaming, it is about corralling the present unregulated