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 isles for summer and beautiful beaches that they could see without being forced to get yourself a passport. But thanks to a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a property for on the web gambling.
Attorney General Weighs In
V.I. Attorney General Vincent Frazer issued an opinion to other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Internet gambling companies to operate in the nation will never clash with any laws that are federal the usa, and therefore the law could finally be used to enable the territory to host Web gambling companies. As yet, the territory had held off on actually allowing any online video gaming to go forward, because of warnings issued from the government that is federal.
However, as is normally the case in these circumstances, things aren’t quite that clear cut. What the law states just allows for two companies to operate as ‘master companies’ into the territory, shutting out some other potential operators. And at least one of those companies says that they’ve lost most of their investors in the 12 years because the legislation has passed, because of the uncertainty around whether they’d ever be in a position to offer online gaming to players.
Major Economic Influence
But if the two companies were permitted to go forward with providing gaming that is online now, it could have a huge effect in the territory. According to Nick Pourzal of USVI Host one for the two companies that could possibly offer Internet gaming underneath the law that is current estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both businesses were running at full capacity.
Frazer’s opinion ended up beingn’t completely positive, however. Over six pages, the Attorney General gave many cautionary records, including the proven fact that the Justice Department changed its mind many times on exactly what states had been permitted to do, and that legislation at the federal level could still alter the overall game, as happened when Congress passed the illegal Internet Gambling and Enforcement Act (UIGEA) in 2006.
‘I opine that the Virgin Islands Web Gaming and Gambling Act is legal on its face,’ Frazer published. ‘ However, caution should end up being the rule because the pitfalls come in the implementation of the legislation.’
Frazer also showed concern over just how far his opinion must certanly be taken, and 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 individuals outside of this Virgin Islands and not run afoul of the federal law.’
Still, the Casino Control Commission for the Virgin Islands has hailed the opinion being a significant action towards switching the territory into an online gaming hub. According to the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently working on agreements with states such as New Jersey that have actually approved online gambling, both to form strategic partnerships and to aid regulate off-island play on their sites.
The Virgin Islands Legislature could have something to say about how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 work in order to allow more companies to truly have the chance to compete for licenses. According to Rivera-O’Reilly, many of the principals in the two companies designated as master providers were federal government insiders the legislation’s passage, and she plans to introduce an amendment to start the licensing process up https://slotsforfun-ca.com/huuuge-casino-review/ to competitive putting in a bid.
‘We must learn from our errors and work out yes we do this precisely, so that nobody can come in here and try to stop us,’ Rivera-O’Reilly said.
Ny 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 supply: NYDailyNews)
Exactly What an it’s been for the land casino business back east, both good and bad week.
On Tuesday, voters in brand New York easily approved an amendment that is constitutional will greatly expand the brick-and-mortar casino industry in their state. Nyc’s gambling legislation, that was to accept up to seven Las Vegas-style casinos into the state, passed with approximately 57 percent of voters approving. It was in stark contrast to a stunning 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 hawaii of New 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 gambling enterprises in the state in which companies that are private not be in a position to build.
But as well as the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in nyc, there will now be a quantity of additional casinos that will be developed privately in various regions of the region. In the beginning, only four brand new gambling enterprises are allowed a compromise that the State Legislature insisted on when they authorized the master plan in all the last 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 into the so-called Southern Tier that borders northern Pennsylvania.
Eventually, though, that could change. A casino could come to New York City it self in about seven years, along with perhaps up to two more in the suburbs near the city around that same time.
The casino vote undoubtedly saw some divisions within the state, though not on traditional political lines. Even though many New Yorkers saw the casino in an effort to boost neighborhood economies and retain gambling money that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there were also a range that is wide of whom opposed the gambling legislation.
Maybe Not With Out A Battle
Conservative groups, including some Roman Catholic bishops along with 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 benefits that are economic. Meanwhile, progressive teams joined in the opposition, saying that the casinos would do the harm that is most to disadvantaged groups.
While the election neared, opponents centered on the language being used in the ballot proposition. Instead of utilizing language that is neutral the ballot question referenced possible positive outcomes of casino expansion, such as additional 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 more than doubled once the more language that is positive included. Finally, the lawsuit was unsuccessful, as well as the question reached the ballot with the greater amount of language that is favorable.
Additionally, placating Native American tribal groups aided keep money that is much flowing into the anti-casino movement, while help for the amendment was well-funded by the video gaming industry. This helped prevent much in the real method of arranged opposition, with more money and consequently, more television ads coming down on along side it of casino supporters.
The latest York State Gaming Commission will appoint a panel now that will award licenses to developers who need to build in the Empire State. Of the upstate venues, the Catskills has attracted the attention that is most, once the region already has a reputation as a resort location.
If that takes place, that knows; perhaps Borscht Belt comedy will even get back towards the long-gone showrooms of yesteryear there.
Ryan Riess Triumphs at 2013 WSOP Main Event
World variety of Poker (WSOP) Main Event winner Ryan Riess exhibits their bounty after his $8.3 million takedown associated with the event. (Image source: Associated Press)
The first WSOP winner to be born in the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million in the process if anyone thought that the old-guard had made a comeback in WSOP Main Events, their opinions were well and truly readjusted after 23-year-old Ryan Riess.
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.
But, Tran’s chip advantage going into the last table didn’t spend 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 down to the Michigan State University graduate, Ryan Riess and Farber, to decide who would lift the silver bracelet and case themselves place in the history publications.
A Detailed Battle
Farber entered heads-up with the chip that is short, 105 million to Riess’s 85 million, nonetheless it was the more experienced college guy who made his skill tell.
After 30 fingers almost double the quantity of last year’s heads-up duel the breakthrough came.
Sitting on the key, Farber raised to 2 million, Riess pumped it up to 5 million, and Farber possessed a re-pop to 8.8 million. Riess made the phone call, and Riess checked the 8d 4s 3c flop. Farber bet 6.7 million, and Riess made the call to just 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 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 had been his game to lose, and despite a brief fightback by Farber, Riess was never ever going to let his lead disappear.
Sitting on 15bb, Farber did produce a brief comeback, doubling up whenever moving 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 make the right. The 9h duly arrived on the change to give Farber the double-through, and send their legion of fans into apoplexy.
Short-Lived Hope For Farber
Despite a brief respite, and being simply two cards away from elimination, Farber couldn’t build on their momentum, and two key fingers saw the conclusion 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 phone call, while the Kh came regarding the river. Both players checked, Farber showed pocket nines, and Riess showed Ac 6d for top-pair, the hand, and another step en route towards the title.
Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration on earth 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 your self their tournament life. As the crowd rose, the dealer taken off the 4d on the river, and Riess was swamped by his buddies and family, as chants of ‘Riess the Beast’ rang away round the Rio Hotel’s Penn and Teller Theater.
The Green And White
For Riess, the $8,361,570 first prize was his. Just a couple years ago, Riess was Business that is studying at State University, however a move to Las Vegas adopted, and their poker journey began. Multiple cashes in the WSOP Circuit came, and his best cash before here runner-up in the WSOP-C Horseshoe Main Event was all Riess had to show for his poker experience.