March is Problem Gambling Awareness Month, while the marketing drive has delivered to light Plainridge Casino’s failure to protect those susceptible to gaming addiction in Massachusetts.
Problem Gambling Awareness Month urges worried families to ‘have the conversation’ with those who might be at risk of becoming dependent on gambling wheresthegoldslots.com.
‘Many adults gamble or understand somebody whom gambles, and, therefore, could take advantage of programs to avoid gambling addiction,’ the National Council on Problem Gambling (NCPG) website states. ‘We believe many who suffer in silence do so simply because they don’t know why they developed a challenge, what gambling addiction is or where to get help.’
The nationwide conversation held each March has made its option to Massachusetts where one associated with nation’s gambling venues that are newest has unsuccessful in instituting an appropriate firewall to problem gamblers.
The Plainridge Park Casino, the first gambling that is commercial in the state following the passage through of the Expanded Gaming Act, opened in June of 2015. Nonetheless, the slot parlor still hasn’t adopted a technique to curb gamblers that are dependent.
‘ What’s the working job of a casino? To make as money that is much possible. Setting limits on gambling isn’t just the highest priority,’ Lasell College Professor Paul DeBole told the Boston Globe this week.
What the law states Is the Legislation
When the Expanded Gambling Act had been signed into law by then-Governor Deval Patrick (D), a key provision was that the Plainridge and three future resort-style gambling facilities would have to implement programs to combat problem gambling.
Before it started its doors, Plainridge said it would incorporate a ‘play management’ system that allows customers to set limits on just how much they wager, with the slot machines flashing warnings when those enrolled reach specific time or money ceilings.
Eight months into operation, the play administration system continues to be simply a notion. The Massachusetts Gaming Commission previously approved the scheme and stated it would meet with the mandate’s requirements.
‘Would we like faster implementation? Yes, but we think it’s using the timeframe necessary,’ Massachusetts Council on Compulsive Gambling Executive Director Marlene Warner said.
Challenges towards the gaming system include making the enrollment and game play experience while that is user-friendly making sure clients don’t feel embarrassed or publicly shamed.
Problem Gambling by the Numbers
Regulators in Massachusetts have plenty of explanation to be focused on the potential risks of legalizing commercial gaming in the Bay State. According to an infographic released by the NCPG, problem gambling is the reason $7 billion in the usa annually due to addiction, bankruptcy, and crime.
Of the estimated five million Americans who currently meet the requirements for gambling addiction, three in four have problems with alcohol, 38 percent use or have used unlawful drugs, and 20 percent have attempted or committed committing suicide.
It’s certainly the dark side to the commercialization that is creating new jobs and economic growth for local counties and income for their state. Massachusetts estimated during the 2011 bill passage that gambling would generate $300-500 million in brand new income tax earnings for state expenditures on an yearly basis.
Plainridge was forecasted to bring in $300 million in gross revenues in its opening but is on pace to collect just over half of that figure at $162 million year. The slow start and disappointing numbers are added basis for casino bosses to simply take their time in setting limits on player bankrolls.
Virginia Frequent Fantasy Sports Get Licensed, But Steep Costs Separate Out Big Fish from Small Fry
Virginia Governor Terry McAuliffe, who signed the state’s dream activities bill into law this week. Not everyone is happy concerning the licensing that is new, however. (Image: salon.com)
Virginia fantasy that is daily (DFS) have actually the proud honor of being the first ever to become licensed in America.
On the Old Dominion State became the first in the US to license DFS, as Governor Terry McAuliffe signed the Fantasy Contests Act into law monday.
While other states have legalized DFS, of late Kansas, Virginia would be the first to license its operators. This, said McAuliffe, will ‘empower Virginia to manage this industry that is emerging keep consumers safe from abuses.’
But many smaller DFS operators and season-long fantasy sports sites have actually criticized the $50,000 licensing enrollment cost. While $50,000 could be a chicken feed to industry that is major DraftKings and FanDuel, it really prices the smaller brands out of the marketplace.
Davids and Goliaths
Season-long fantasy sports sites have actually reported that the bill provides no differentiation between DFS and also the variety that is season-long. Needs for clarification on whether or not the bill refers just to DFS or to all fantasy sports have maybe not been answered by the governor’s office, leaving season-long operators uncertain whether they are now legally allowed to operate in the state.
‘It really puts us out of business in your state,’ stated David Gerczak, co-founder of season-long web site myffpc.com, told The Virginia Pilot. ‘[The DFS sites] clearly have utilized season-long as cover. We feel we’re being used.’
Gerczak has urged the continuing state to replace the title associated with bill to your ‘daily fantasy sports contest work.’
Elsewhere, the passage associated with bill had been praised, particularly by the top brass of DraftKings.
‘ We thank Governor McAuliffe for his leadership and advocacy and therefore are hopeful that other states across the country will follow Virginia’s lead,’ stated Griffin Finan, director of general public affairs for DraftKings.
But the tone was markedly different at a hearing in Nevada that met to discuss regulation that is potential as reported by the Las Vegas Review-Journal this week.
There, representatives of Draft Kings and FanDuel told Governor Brian Sandoval’s Gaming Policy Committee that regulation could harm the industry and limit innovation of its technology.
Nigel Eccles, CEO of FanDuel, argued that DFS shouldn’t be regulated in the way that is same the state governs sports books, while warning that the mishmash of disparate state-by-state regulation across America could damage the industry’s credibility.
In October of last year, the Nevada Gaming Control Board ruled that DFS constituted gambling under the state’s gaming legislation. That intended that sites offering the competitions to mention residents were providing gambling that is unlicensed. The Board ordered them to cease and desist or face charges that are criminal. DraftKings and FanDuel promptly exited, as requested.
North Jersey gambling enterprises might Be Taxed 40 to 60 per cent, State Lawmaker Says
Nj-new jersey State Assemblyman Ralph Caputo is leading the fee to amend the state’s constitution and bring in North Jersey casinos with a hefty tax price. (Image: assemblydems.com)
Two North Jersey casino licenses could soon be given, but the gambling operators in receipt that will be ready to touch to the region’s nearly 3.5 million residents and New York City’s 8.5 million inhabitants across the Hudson might faint once they also receive their tax bill.
During a special hearing that is public Monday, State Assemblyman Ralph Caputo (D-District 28) reacted to the question of prospective taxation prices that casinos in the northern counties might face by revealing, ‘As a guess, it would be 40 to 60 percent,’ he stated.
That is a far cry from the 9.25 percent rate casinos now spend in Atlantic City.
New Jersey lawmakers are considering an amendment towards the state’s constitution that could allow two gambling facilities become built in North Jersey. Should it pass, it would end the longstanding gambling monopoly held by Atlantic City since 1976.
Competition from neighboring states has created an economic catastrophe in the former gambling mecca associated with the East Coast, and lawmakers in Trenton are scrambling to locate brand new methods to recoup the tax revenue that is dissipating.
Icahn Cannot Believe It
The main topic of gambling expansion will always have its opponents, but in the Garden State, there exists a mole that is rather powerful. As Casino.org reported last week, billionaire Carl Icahn delivered a $100 million ultimatum by saying he wouldn’t spend those funds in his Atlantic City Trump Taj Mahal resort should North Jersey casinos be authorized.
Yesterday, lots of the 17 backers of their state constitutional amendment responded.
‘This is a game-changing proposal. We’d modernize our gaming industry and provide relief that is significant older persons and disabled residents,’ Caputo declared.
‘For a state sorely in need of brand new revenues for vital needs such as programs and home tax relief for senior residents and residents that are disabled this can be a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposal would help bring a brighter economic future for our state.’
The resolution now moves to the floor in the state capital, where it will need three-fifths approval in the Assembly and Senate after being approved by the state’s Assembly Judiciary Committee. Should the chambers pass the motion to improve the state constitution, voters would have the say that is final would require a majority approval.
Taxing North Jersey casinos at levels as sky high as 60 percent on net winnings might thin the bidding field considerably. Nevertheless, a scan around nearby gambling locales shows such exuberant prices aren’t exactly away from the standard for neighboring states, at minimum.
Connecticut, for example, is a fairly included 18 percent, and Delaware a bit higher at 29.4 percent for table games, at the very least. But then New York takes the cake with a 60 to 69 percent take on earnings, and Pennsylvania isn’t much better with a 55 percent price.
Nevada, unsurprisingly, wins hands down with a modest 6.75 percent tax rate, although the sheer quantity of gambling enterprises in the Silver State obviously make that number more bodacious than it might appear.
Too Much of a thing that is good
While 40-60 percent generally seems to fall adequately in line, specially thinking about the market in concern, nj-new Jersey State Senate President Stephen Sweeney (D-District 3) stated the rate is found by him excessive.
Atlantic City Assemblyman Chris Brown (R-District 2) also questioned how introducing new casinos to a market that is already oversaturated help the constituents he represents.
‘Is it going to pave the roads so that individuals who are unemployed can escape town?’ Brown asked.
Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal
Florida Governor Rick Scott, whose attempt to strike a groundbreaking deal because of the Seminole tribe has foundered and finally passed away into the legislature. (Image: addictinginfo.org)
Florida lawmakers have actually shot down a proposal to allow the Seminole tribe to offer craps and roulette at their casinos.
The offer had been the end result of months of negotiations involving the Seminoles and Florida’s Governor Rick Scott, and could have been worth $3 billion to the state over seven years, making it the biggest tribal revenue-sharing agreement in the united states.
Beneath the proposal, the Seminoles might have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots.
Week the bill, which had support in the State House (with amendments) had completely stalled in the Senate as of last. It absolutely was ultimately pronounced dead whenever backers conceded it might be impossible to make any headway before the March 11 deadline.
‘Going into today we knew full well that the gaming bills were on life help,’ said State Representative Jose Felix Diaz (R-116th Dist.), one of many bill’s architects. ‘The House had been dreaming about magic, but by the close of the we saw one was perhaps not coming and had no option but to pull the plug. time’
The deal had appeared to be a major breakthrough in the political standoff between Scott therefore the Seminoles with regards to was announced last December.
The compact that is original the tribe and Florida was formed in 2010, giving the Seminoles exclusivity on blackjack within the state in return for $1 billion, spread over five years.
This contract additionally gave the Seminoles a stranglehold on the slots market by prohibiting the expansion of slots gambling beyond that which already existed at a handful of pari-mutuel racetracks.
The compact expired on 1 of last year, opening the field for negotiations august. Into the interim, despite the expiration of the agreement, the Seminoles continued to provide blackjack at their seven properties in the state, in defiance of the deferral lawsuit filed by Florida, which sought to order the games closed down.
Now that the new compact has failed, it’s likely that the matter will have become settled in the courts. It is also likely to disrupt the Seminoles commitment to providing Florida with thousands of new jobs through a $1.8 billion expansion of its casinos at Tampa and Hollywood.
The bill’s passage through the legislature ended up being eventually impeded by persistent demands for amendments through the state’s disparate gambling lobbyists, notably hawaii’s race tracks.
‘ Every time you put a gaming bill up in the Florida Legislature it’s like throwing a relative part of beef into a shark tank,’ stated one lawmaker.