Harry Reid says that RAWA, or another online gambling ban measure, may very well be reintroduced to Congress once again the following year.
RAWA, also called the Restoration of America’s Wire Act, the online poker ban that was strongly pressed by Sheldon Adelson, is likely to be introduced to Congress once more in 2015. That’s the term from Senator Harry Reid (D-Nevada), who will not any longer be the Senate Majority Leader when he returns for the following legislative session.
‘I think there will be efforts built to check the Wire Act in A congress that is republican-initiated I do,’ Reid said. ‘I think you will see efforts made to eradicate the Wire Act.’
By getting rid of the Wire Act, Reid generally seems to mean that he’d want to see legislation put into place that would produce a law to restore ( or simply just reword) the current Wire Act, which ended up being reinterpreted to utilize only to sports betting in 2011. That critical interpretation permitted for states to manage other designs of online gambling over the past 3 years.
Lame Duck Effort Fails for RAWA
Adelson, the billionaire casino tycoon who is the chairman and CEO of the Las Vegas Sands Corporation, had hoped to attach RAWA to your year-end spending that is omnibus. But, the session that is lame-duck ultimately failed, with congressional leaders seemingly uninterested in adding for a potentially contentious driver to the must-pass ‘cromnibus’ legislation.
Reid is definitely a supporter generally speaking associated with gaming industry, and once served once the chairman of the Nevada Gaming Commission. But it has become obvious that his stance on the issue is much closer to Adelson’s than many may have thought while he has tried in the past to regulate online poker at the federal level, his overall stance on Internet gaming had been much less clear, and in recent days.
‘ I think the proliferation of gambling on the net is perhaps not best for our country,’ Reid said in a interview with the vegas Review-Journal. ‘i believe it is an invitation to crime. I think it is difficult to control for criminal activity when you’ve got places that are brick-and-mortar let alone something up in the sky someplace, and it is very bad for children.’
Reid Says No Deal with Adelson for 2016
Statements like that have led some to take a position that Reid might have struck a deal together with long-time friend Adelson, one in which Reid would push for a gambling that is online while Adelson would agree maybe not to fund Reid’s next Republican opponent in his 2016 election bid. But Reid denied that such an alliance had ever been considered between the two.
‘Sheldon Adelson and I have been friends for the very long time but on politics he and I really don’t concur, so we don’t do politics,’ Reid said.
Critically for fans of on the web poker, though, Reid confirmed that he would still try to keep a lifeline open for the game should a gambling that is online gain vapor in Congress.
‘ If there’s a chance to [regulate] poker, I will do that,’ Reid said. He noted that there might have been an opening for poker had RAWA been placed into the omnibus bill, though the timing might have been difficult given the frenzy of action in the last few days before it ultimately passed.
Golden Nugget Atlantic City Threatens Lawsuit Over Tax Aid Plan, Then Backs Off
The Golden Nugget dropped its threat to challenge an Atlantic City tax relief bill after a few of the New Jersey casino’s issues were addressed. (Image: goldennugget.com)
Atlantic City’s Golden Nugget casino threatened to derail a casino tax relief plan, but then backed off those threats after modifications had been made to the bill to satisfy its concerns. The bill, introduced by State Senate President Steve Sweeney (D-3rd District), is made to greatly help support revenue for Atlantic City while also providing cost certainty for the remaining casinos there.
Last week, Golden Nugget counsel that is general Scheinthal had harsh words for the proposed legislation, stating that the company was prepared to ‘blow the whole thing up.’ According to him, the bill had been essentially taking money away from the casinos which could least afford it, while giving great deals to the greatest casinos in the town.
Tax Increase for Golden Nugget
In particular, Scheinthal calculated that the Golden Nugget’s goverment tax bill would rise from $4.7 million to $8.1 million beneath the proposed legislation. Resorts Casino Hotel and Bally’s would also see increases in their tax bills.
Meanwhile, a number of the town’s most profitable resorts would actually cut costs as an effect of the law. Harrah’s and Caesars Atlantic City would both save a lot more than $10 million per year, while the Trump Taj Mahal (that has nonetheless been teetering on its final legs), the Tropicana as well as the Borgata would apparently save yourself millions as well.
‘We expect fair legislation,’ Scheinthal said. ‘ We don’t expect our legislators to harm us, and that’s what’s going on.’
That and other aspects of the bill led Scheinthal to say that Nugget owner Tilman Fertitta might try to get a court purchase to block the legislation from entering effect were it ever signed by Governor Chris Christie. But on Monday, the Golden Nugget seemed much more satisfied with the direction regulations is now taking.
Casinos Now Protected
Following changes to the bill, a casino will now have some security against paying more under the payments in lieu of taxes than it could have underneath the tax plan that is old. For the following five years, any excess payments are going to be credited towards a casino’s reinvestment income tax responsibility. The Golden Nugget will also save your self $2 million a year, thanks to the reduction associated with atlantic city alliance marketing group, which it helped to fund.
‘We’re OK with it now,’ Scheinthal said on Monday. ‘We’re protected for five years; that is clearly a a valuable thing. At the least some stability is had by us and know our fees aren’t going to rise.’
If the Golden Nugget’s calculations are correct, many of the greatest Atlantic City casinos will still receive big tax breaks in the coming years, though they now won’t come at the cost of smaller resorts.
Sweeney’s legislation, that has already passed away through committees in the State Senate and State Assembly, would ensure fixed re payments through the casinos to Atlantic City over the next 15 years. The casinos would collectively pay $150 million per for the next two years, a number that would drop to $130 million over the next 13 years year. That number might be adjusted if gambling revenues changed dramatically.
That measure would be joined by others made to stabilize Atlantic City’s budget, whilst also protecting employees. Cash that is designated for the Casino Reinvestment Development Authority would rather be used to pay down the city’s debt, while minimal advantages levels will be guaranteed for all casino employees.
Winning Millions Poker Tournament Stopped by DDoS Attack
Players in the Winning Millions unearthed that the tournament had been cancelled when a message announcing the decision appeared on their screens. (Image: WinningPokerNetwork.com screenshot)
A $1 million poker tournament on the Winning Poker Network (WPN) ended up being cancelled because of a distributed denial-of-service (DDoS) attack, making it the poker site that is latest to be victimized by such an assault on its servers.
The attack caused connectivity dilemmas for players, leading company officials to eventually choose cancel the tournament being a matter of fairness.
The termination may be a major blow to WPN, which had been hoping to construct the poker event that is largest on a web site that accepts American players in nearly four years, since the occasions of Black Friday forced PokerStars, Full Tilt Poker and Absolute Poker from the United States market.
The function ended up being still in its late registration period at the time it was canceled, and therefore all players were fully refunded relative to community policy.
Strong Turnout Despite Connectivity Problems
While skeptical players might sometimes see this type of cancellation as a way to get free from a major guarantee, that doesn’t look like just what happened in cases like this.
At that time the tournament was cancelled, 1,937 players had already put up their $500 buy-ins into the prize pool. Combined with the $40 entry fee, the competition had currently covered its guarantee, sufficient reason for 45 minutes left within the registration that is late, it’s possible that the industry would have risen to over 2,000 players, enough to surpass the guarantee in buy-ins alone.
Your competition began at 3 pm on afternoon, and the connectivity issues appeared to occur soon after that, with the tournament being suspended just minutes in and players complaining of server issues throughout the event sunday. While WPN initially tried to allow the big event to keep, as the site was still operational, CEO Phil Payton eventually decided that the situation just wasn’t fair for all players, particularly in this kind of major contest.
Cancellation Occurred After Many of Field Eliminated
The amount of time ahead of the cancellation has been instead reported as ranging from four and six hours. Based on time stamped articles in the Two Plus Two forums that had been made due to the fact event unfolded, it appears as though the tournament had been finally canceled at around 8:30 pm, or 5.5 hours after it began. That followed hours of player complaints over being folded out of fingers or being unable to connect to your website.
‘Due to circumstances out of our control, we have been unable to offer a reliable fair video gaming experience,’ said a message that appeared in the screens of players into the tournament at the time of the cancellation. ‘Many players timed down, while other remained linked. The tournament will be canceled and buy-ins and charges refunded to all individuals. as per our terms and conditions’
That choice didn’t sit well with everyone, especially people who remained casino-online-australia.net alive at the right time the tournament was cancelled, who felt they ought to be compensated at least partially centered on their chip piles.
‘Absolutely ridiculous,’ wrote Two Plus Two poster AdamHendrix. ‘ Was still in with less than a third of the social people left. And every person gets refunded. You need to be kidding.’
However, Payton defended his decision in a short Twitch.tv broadcast shortly after the cancellation.
‘If it happened again tomorrow, I’d do the thing that is same’ Payton said. ‘It doesn’t matter it or not, it absolutely was fair. if you like’