U.S. Virgin Islands Could Offer Online Gambling

The U.S. Virgin Islands may soon manage to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)

Many Americans understand the U.S. Virgin Islands for summer and beautiful beaches that they are able to check out without having to get a passport. But thanks to a current ruling from the hawaiian islands’ Attorney General, this vacation spot may soon become just as well-known as a home for on line gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued a viewpoint to many other Virgin isles officials, stating that the 2001 V.I. law that allowed for Web gambling companies to operate in the country would not clash with any federal laws in the usa, and thus the law could finally be utilized to allow the territory to host Web gambling companies. So far, the territory had held off on actually allowing any online gaming to go forward, because of warnings issued from the federal government.

However, as is frequently the case in these situations, things aren’t quite that clear cut. The law just enables two companies to operate as ‘master providers’ within the territory, shutting out every other operators that are potential. And at least one of those companies claims they’ve lost most of their investors in the 12 years considering that the legislation has passed away, because of the doubt around whether or not they’d ever be in a position to offer gaming that is online players.

Major Economic Impact

But if the two organizations were allowed to get forward with offering online gaming worldwide now, it may have huge effect on the territory. According to Nick Pourzal of USVI Host one regarding the two companies that can offer Internet gaming underneath the current legislation he estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both companies were operating at full capacity.

Frazer’s opinion had beenn’t entirely good, however. Over six pages, the Attorney General provided many cautionary records, such as the undeniable fact that the Justice Department changed its mind several times on exactly what states had been permitted to do, and that legislation at the federal degree could nevertheless change the game, because happened when Congress passed the Unlawful online Gambling and Enforcement Act (UIGEA) in 2006.

‘I opine that the Virgin Islands Internet Gaming and Gambling Act is appropriate on its face,’ Frazer penned. ‘ However, caution should be the rule because the pitfalls are in the implementation of the statutory legislation.’

Frazer also showed concern over just how far his opinion is taken, and how much would be allowed under federal law.

‘There is concern whether the use of the V.I.’s online gaming and gambling platform works extremely well by persons outside of this Virgin Islands and not run afoul of the federal law.’

Nevertheless, the Casino Control Commission of the Virgin isles has hailed the opinion as being a significant action towards turning the territory into a gaming hub that is online. Based on the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently focusing on agreements with states such as New Jersey that have approved on the web gambling, both to form strategic partnerships and to simply help regulate play that is off-island their sites.

The Virgin Islands Legislature may have something to state about just how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 act so as to allow more companies to have the opportunity to compete for licenses. According to Rivera-O’Reilly, lots of the principals within the two companies designated as master service providers were federal 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 mistakes making certain we do this properly, so that no one can come in here and attempt to stop us,’ Rivera-O’Reilly said.

Ny Gambling Legislation to Expand Casinos Gets Voter Thumbs Up

Voters in brand New York State have authorized legislation that is gambling allows for major casino expansion (Image supply: NYDailyNews)

Exactly What a week it’s been for the land casino business straight back east, both bad and the good.

On Tuesday, voters in brand New York easily approved a constitutional amendment that will greatly expand the brick-and-mortar casino industry in the state. Nyc’s gambling legislation, which was to approve as much as seven Las Vegas-style casinos into the continuing state, passed with approximately 57 percent of voters approving. It was in stark contrast to a wonderful beat for 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 multi-year plan by Governor Andrew Cuomo, whom had navigated the complex web of gambling legislation interests in their state of New York to come up with a proposal that will be widely acceptable to most of the major players here. That included provisions that will leave protected areas for existing Native American gambling enterprises within the state by which personal companies will never be in a position to build.

But besides the five Indian casinos and nine slot parlors (located at race tracks) already in nyc, there will now be an amount of additional casinos that will be developed independently in various regions of the location. In the beginning, only four new gambling enterprises will likely be permitted a compromise that the State Legislature insisted on when they approved the master plan in all the final two sessions that are legislative. Those four casinos will be based in various upstate regions: around Albany, into the Hudson Valley or the Catskills, and into the so-called tier that is southern borders northern Pennsylvania.

Eventually, though, that could change. A casino could come to New York City it self in about seven years, along with possibly up to two more into the suburbs near the town around that same time.

The casino vote undoubtedly saw some divisions within the state, though not on traditional lines that are political. Even though many New Yorkers saw the casino in an effort to boost regional economies and retain gambling cash that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there had been also a wide variety of teams who opposed the gambling legislation.

Maybe Not Without a Battle

Conservative teams, including some Roman Catholic bishops as well as other spiritual leaders, warned that the revenue estimates provided by the government were likely inflated and that the social ills that would come along with expanded gambling would outweigh the economic advantages. Meanwhile, progressive groups joined up with in the opposition, saying that the casinos would do the harm that is most to disadvantaged groups.

Because the election neared, opponents dedicated to the language being used in the ballot idea. As opposed to making use of language that is neutral the ballot concern referenced possible positive outcomes of casino expansion, such as additional jobs and increased taxation revenue that could be used for schools. Casino opponents sued to possess the language changed, while polling revealed that support for the measure more than doubled after the more language that is positive included. Ultimately, the lawsuit was unsuccessful, therefore 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 support for the amendment was well-funded by the gaming industry. This helped prevent much in the way of arranged opposition, with far more money and therefore, more tv adverts 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 in the Empire State. Of the upstate venues, the Catskills has attracted the most attention, due to the fact region already has a reputation as a resort location.

If that occurs, who knows; maybe Borscht Belt comedy will return to the even long-gone showrooms of yesteryear there.

Ryan Riess Triumphs at 2013 WSOP Main Event

World number of Poker (WSOP) Main Event winner Ryan Riess exhibits their bounty following his $8.3 million takedown for the event. (Image source: Associated Press)

If anyone thought that the old-guard had made a comeback in WSOP principal occasions, their opinions had been well and truly readjusted after 23-year-old Ryan Riess the very first WSOP winner become born in the 1990s triumphed into the 2013 showpiece, bagging almost $8.3 million within 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.

However, Tran’s chip advantage going in to the final table didn’t pay off, and after a blow-up of massive proportions against Jay Farber who’d been working as a bouncer and VIP host up before the WSOP he was gone in 5th.

With the ‘senior’ pro Amir Lehavot gone also, it had been down seriously to the Michigan State University graduate, Ryan Riess and Farber, to decide who would lift the gold bracelet and bag themselves an accepted place in the history books.

An In Depth Battle

Farber entered heads-up with the short chip lead, 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 amount of https://slotsforfun-ca.com/huuuge-casino-review/ this past year’s heads-up duel the breakthrough came.

Sitting on the button, 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 call, and Riess examined the 8d 4s flop that is 3c. Farber bet 6.7 million, and Riess made the phone call to simply 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 create 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 was his game to lose, and despite a brief fightback by Farber, Riess ended up being never going to let his lead disappear.

Sitting on 15bb, Farber did produce a brief comeback, doubling up when 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 make the straight. The 9h duly arrived regarding the change to give Farber the double-through, and send their legion of fans into apoplexy.

Short-Lived Hope For Farber

Despite a respite that is brief and being simply two cards away from elimination, Farber couldn’t build on his energy, and two key arms 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 tactile hand, and another step en route towards the title.

Final Hand

Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration on the planet 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 change of the 3c gave Farber just one more card to save yourself his competition 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 few years ago, Riess was studying Business at Michigan State University, but a proceed to Las Vegas adopted, and their poker journey began. Multiple cashes in the WSOP Circuit came, and his cash that is best before here runner-up in the WSOP-C Horseshoe Main Event was all Riess had to show for his poker experience.

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