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New Hampshire Grapples with Impact of Possible Land Casino

New Hampshire Grapples with Impact of Possible Land Casino

Categories : Players Paradise

New Ham<span id="more-4445"></span>pshire Grapples with Impact of Possible Land Casino

A poker dealer lays out charity fundraiser competition chips at a Salem, N.H. makeshift casino; the brand New Hampshire legislature now desires to approve one genuine land casino for hawaii (Image:

New Hampshire may have reputation as a quiet, relaxed state where bed and breakfasts and a little skiing are about the most exciting happenings around, but that image are about to change. With everyone in the region building up their gambling industries, it appears as if the Granite State may be prepared to join into the brick-and-mortar race and welcome a land casino of their own.

Representing the Future

In accordance with reports, over 100 representatives in the continuing state House of Representatives have signed on up to a bill that would welcome only one casino to the state of New Hampshire. That’s more than half the quantity of representatives that would eventually need to vote for such a bill to pass the house.

The public declaration was meant as a sign of very early strength for the bill. A total of 108 representatives publicly supported the bill, making up a bipartisan team of 83 Democrats and 25 Republicans. A lot of representatives also participated in a press conference to strongly show just how they felt about bringing casino gambling to New Hampshire.

‘We have momentum because we listened,’ said Representative Katherine Rogers. ‘We heard the concerns of House users last spring who said we don’t have the best regulatory framework.’

All Systems Go

The bill that is new concerns, giving their state plenty of oversight over the casino bidding process and providing financing for problem gambling services. The bill would allow for starters casino, with the license for that casino going right on through a competitive bidding procedure. It would also create a New Hampshire video gaming commission that would oversee not merely the casino, but also the existing lottery, racing, and charitable gaming operations in the state.

‘There are major improvements that is likely to make sure expanded gambling is a good deal for the citizens of New Hampshire,’ said Representative Jeremy Dobson.

Late this the House Ways and Means Committee held a hearing on the bill, known as HB 1633 week. Supporters pointed out the financial benefits of a casino, saying it could make significant revenues without requiring a wider income tax increase. It would be a brand new supply of jobs in a suggest that tends to lose young workers to many other parts of the united states.

‘We are running out of time and energy to attract individuals stay in New Hampshire and to give people jobs here,’ said Diana Lacey, president of the State Employees’ Association.

One concern raised at the hearing had been the concept that casino gambling may maybe not easily fit in with the current ‘brand’ New Hampshire has into the minds of tourists and visitors.

‘We lack such a need that is chronic this revenue that we’re willing to endure the burdens as well as the cost and the damage to our brand,’ stated Concord developer Steve Duprey. While some supporters described that New Hampshire’s motto is ‘Live Free or Die’ which will suggest that residents ought to be allowed to choose whether they need to relax and play at a casino or perhaps not Duprey countered that the continuing state nevertheless had to produce decisions by what’s right and acceptable for New Hampshire.

But others disputed the branding claim. Pat Griffin, a brand new Hampshire resident who had worked in marketing and advertising for their state’s tourism industry, revealed that 41 other states have some as a type of casino gambling, and that has not impacted most of their brands. As an example, Colorado has 41 casinos, but is nevertheless understood for its mountains and skiing. One casino, he said, won’t be the point that is tipping modifications exactly what brand New Hampshire means to site visitors.

Toronto Man Wanted After Failure to Pay $12.9M to Las Vegas Casinos

A new nomination for ‘World’s Dumbest Criminals’ is actually a Canadian man who reportedly owes the Venetian casino in Las Vegas and an added $12m in IOUs and is now AWOL and wanted

There are always a few things that can get you nominated for ‘World’s Dumbest Criminal’: robbing a bank with surveillance cameras every-where, wanting to steal a police vehicle, and most certainly towards the top of that list would be skipping out on major casino gambling debts. Not smart, not smart at all.

That’s what one Toronto high-roller is finding out after failing to repay some $12.9 million in losses to two Las vegas, nevada gambling enterprises, dating all the method back once again to 2008. Authorities are actually seeking him out to file charges in the case.

Not-Yet-Arrested Development

43-year-old Semion Kronenfeld is now known as on a Clark County District Court arrest warrant, after a jury that is grand him on 12 counts of felony theft, composing bad checks, and obtaining money under false pretenses. This puts Kronenfeld in a special kind of stupid category, since it’s certainly one of the biggest casino that is unpaid situations ever in Nevada, and if convicted, truly the only place this Canadian are going to be rolling dice is in the state penitentiary, possibly for decades.

The Clark County indictment that has been handed down this week states that the high-roller failed to settle $7.9 million back in October of 2008 on IOUs made away to the casino that is venetian the vegas Strip. Then, simply two weeks later, Kronenfeld presumably pulled a similar number on the Stations Casino-owned Green Valley Ranch casino, located in Henderson, just outside of Las Vegas proper; he reportedly stiffed that property for $5 million.

Based on Nevada legislation, unrepaid casino IOUs are considered fraudulent checks. With a prosecutorial bounty of 10 % for ‘processing and prosecution’ put on any pre-trial settlements of these cases, many such incidents are placed to sleep without any charges being filed; clearly, who has not been the way it is right here, though.

As of this writing, Kronenfeld continues to be AWOL, according to prosecutor Jake Merback, who heads up Clark County’s bad check unit, and calls to Kronenfeld’s attorney in vegas, Craig Mueller, had been not returned.

Kronenfeld’s case went public back 2009, at which point the Canadian had been placed in casino credit reports as having his or her own real estate investment business, based in Ontario. Apparently he also holds A israeli passport and is proven to have numerous spellings of his final title, sometimes spelling it ‘Cronenfeld.’

In Good Company with Other Big Losers

While enormous, Kronenfeld’s case is scarcely the only bad-debt that is large to strike Nevada’s casinos in recent years. One such high-profile case included the previous owner of chatchke-manufacturer Oriental Trading Co., Terrance ‘Terry’ Watanabe, who had been indicted in 2009 after it absolutely was alleged he failed to pay straight back (then) Harrah’s Entertainment, Inc (now Caesars Entertainment) in the amount of $14.75 million in IOUs. However, Watanabe counter-sued Harrah’s and money for an undisclosed quantity was reached in July 2010.

And Watanabe is not truly the only other gambler that is high-profile get caught without repaying their debts; notorious porn-purveyor Joe Francis of Girls Gone Wild fame was also the subject of an IOU dispute with Wynn Resorts Int’l to the tune of $2.5 million. And NBA that is former All-Star Walker whom pleaded guilty before his case stumbled on trial received a 5 years’ probation sentence and had to fork over $770,000 in restitution.

Florida Faces Battle of the wallets that are bulging Warring Casino Factions

It’s really a battle to the finish, with he who spends most having a shot that is good winning, as casino and anti-casino factions face down in Florida (Image: istock)

Las vegas Sands CEO Sheldon Adelson often lobbies for gambling enterprises and sometimes lobbies with gusto and lots and lots of cash against them(as in his massive anti-online campaign for the past year); but whatever he does, he does it. So that it should come as no shock that his company is one of several casino that is major supporting 100 lobbyists (well-armed with every politician’s favorite kind of homage: moolah) whose goal will be to put some pressure on Florida’s legislators regarding the Sunshine State’s stalled land gaming status.

Fighting for County Rights

Obviously, gambling outfits with something to gain are most enthusiastically behind this legislative posse’s funding; which puts Genting at the front regarding the line; they are hoping to get into the Miami beachfront market by having a Resorts World Miami project for quite a while now without success. This could be the standoff of most standoffs: because very recently, top state lawmakers made it clear that the whole dilemma of gambling in Florida is low on the importance totem pole this year.

Nonetheless, cash talks and you realize what walks, so a week ago Florida’s Senate Gaming Committee seat Garrett Richter promised to introduce a brand new bill allowing for two resort casinos that players paradise slots facebook could go up in Broward and Miami-Dade counties. By way of amazing coincidence, those two spots just happen to be precisely where both Adelson’s Sands and Genting have been hoping to secure casino websites. And more luck that is good Florida’s 60-day legislative session kicks off on March 4, so it is all just in the nick of time. Yessirree, Bob, those homage gifts can function the Red Sea whenever delivered over lunch at a fancy tallahassee eatery, it would appear.

Richter who only per week before was decrying how impossible it absolutely was to coordinate most of Florida’s different and sundry video gaming factions is now saying that while the dilemmas at hand remain complex, he intends to get this casino plane ‘off the ground.’

He’ll have their work cut out him early Xmas presents for him, no matter how many lobbyists give. Florida’s compact with the Native American Seminole tribe offers that group exclusive rights to popular and high-end (in other words., very profitable) table games like baccarat and blackjack. The 2010 compact did not encompass craps or roulette, and requires the Seminoles to shell out $250 million a year to florida through 2015. From then on, tribal leaders aren’t planning on backing down easily; Seminole Gaming CEO Jim Allen reportedly told scouts from Sands and Genting when they first began their push two years ago that ‘[it shows] a Seminole lady on here, that is not somebody from Las Vegas,’ referring to images on the Florida state flag.

And there’s yet more complicated political waltzes going on in the Sunshine State, because former Governor Charlie Crist has decided he wants his old task straight back, meaning he’d have to unseat governor that is current Scott come November. Adelson, of course, has been known to throw his weight via his bankroll around in an election or two, and with Scott as the Republican incumbent (Crist was also Republican back as he was governor, but has since switched to first being an Independent, and today a Democrat), Scott no question could use the Sands CEO’s support.

Towards the final end, Scott possessed a meeting with Adelson in Las Vegas soon after taking office in 2011, of which time he stated to take benefit of resort casinos in his state. Throwing even more fire onto this currently incendiary situation is the truth that the Seminole tribe donated an awesome half-million to Scott’s rebid campaign last 12 months: the largest single political donation designed for the season. Talk about being drawn in two directions.

Lines in the Sand(s)

Plus the battle lines have now been drawn elsewhere, too: and in addition, entrenched Florida icon Walt Disney Co. has made their views loud and clear on their opposition to casino expansion in the continuing state, and backed it up with $1.7 million spread among legislators over the past two years. Professionals predict campaign contributions are certain to get even more excessive, so that you can match Adelson’s nearly unlimited political budget to bring lawmakers around. In fact, the COO regarding the operating arm behind the Mardi Gras Casino in Hallandale Beach says he expects it all to turn into ‘ a food that is major’ before the election year is over.

Of course, there’s always a naysayer, and Senator Gwen Margolis (D-Miami) has already developed a bill to put an end to your lobbying some would state madness that is vote-buying. She wants to end the ‘sea of money [that] is sloshing into the campaign coffers’ and claims only a statutory law against it will do the trick. Deemed the Public Confidence in Gaming Act, she is wished by us the very best of fortune in getting this through. It probably appears as good a possibility of which makes it as definitely absolutely nothing.