Carl Icahn Rips New Jersey Senate President Sweeney, Gov. Christie Vetoes Casino Bill

Carl Icahn Rips New Jersey Senate President Sweeney, Gov. Christie Vetoes Casino Bill

Carl Icahn is ready to put a ‘for purchase’ sign up at the Trump Taj Mahal, but before the Atlantic City property goes to the MLS listings, the billionaire investor is first taking some right time to lambaste State Senate President Stephen Sweeney (D).

The Trump Taj Mahal will not be part of the Trump Entertainment Resorts brand, presuming billionaire Carl Icahn will get someone to buy the Atlantic City resort.

Writing on their individual internet site, Icahn says associated with Democrat, ‘a man that is wise told me that the mixture of power and irresponsibility in virtually any person is incredibly dangerous. Sweeney is the quintessential evidence of that statement’s truth.’

Icahn shuttered the Taj Mahal last October after his company couldn’t be prepared for Unite Here regional 54, the casino union that represented the resort’s bartenders, wait staff, cooks, housekeepers, and other service employees.

During Icahn’s negotiations with the workers that are local, Sweeney introduced legislation that sought to block casino owners from reopening venues they ‘substantially closed’ for the minimum of five years. The bill had been unquestionably inclined to the billionaire, who numerous believed had been scheming to resurrect the Taj in 2017 clear of union contracts.

After the city’s 5th casino in 3 years went dark, the New Jersey Legislature passed Sweeney’s play pokies online free bill. Soon after, Icahn willingly Continue reading “Carl Icahn Rips New Jersey Senate President Sweeney, Gov. Christie Vetoes Casino Bill”

Wisconsin Day-to-day Fantasy Sports Bill Prepared for Kickoff

Wisconsin Day-to-day Fantasy Sports Bill Prepared for Kickoff

A Wisconsin daily dream sports (DFS) will soon make its method back to their state capital in Madison should a lawmaker stay true to his word.

At just 31 years old, Wisconsin State Rep. Tyler Vorpagel might be better inclined than his legislative seniors at understanding the requirement to regulate daily fantasy recreations.

State Rep. Tyler Vorpagel (R-District 27) revealed his plans this week to renew efforts to classify the contests that are online skill-based engagements. The assemblyman believes outcomes of DFS games depend more heavily on a player’s skill and knowledge than pure luck.

Speaking by having a FOX that is local in Milwaukee, Vorpagel said he does not think DFS constitutes gambling. The politician explained he will soon fully reintroduce legislation to authorize dream sports in the Badger State.

The online contests continue to be offered in Wisconsin in the meantime. And though the NFL season is officially over, the 2 biggest DFS players, DraftKings and FanDuel, are continuing to offer games on baseball, golf, soccer, and much more to Wisconsin natives.

Second Go Around

It was a 12 months ago last thirty days that vorpagel first introduced a bill to legalize dfs.

Assembly Bill 800 desired to force daily dream operators like DraftKings and FanDuel to join up with hawaii’s Department of finance Institutions. The certification process might have come with a price that is one-time of $150,000, and an Continue reading “Wisconsin Day-to-day Fantasy Sports Bill Prepared for Kickoff”

Fantasy Aces Files for Bankruptcy, Can’t Pay Players

Fantasy Aces Files for Bankruptcy, Can’t Pay Players

Fantasy Aces’ situation seems to be alarming for its customers who’re unable to withdraw their funds. Then the states that have regulated DFS have a duty to prosecute if the stricken company has co-mingled customers’ funds with operating costs.

Day-to-day fantasy sports (DFS) operator Fantasy Aces filed for bankruptcy this week after having a last-ditch rescue effort by competitor Fantasy Draft fell through.

Alarmingly for players, it seems from the bankruptcy filing that the ongoing company struggles to pay significantly more than $1 million of players’ funds, and so it has co-mingled customer money with its running expenses.

‘The Fantasy Aces team truly regrets to announce that we are unable to sustain our web site and business operations January that is effective 31st, filing for protection under Chapter 7 bankruptcy law,’ the business told its customers on Wednesday.

‘After spending more than a year wanting to secure long-term capital, including recent negotiations with two notable businesses which subsequently neglected to close, our company is left having an unresolvable economic burden. We have actually unfortunately exhausted every feasible financial option with no success,’ the California-headquartered DFS company concluded.

Will Regulated Jurisdictions Prosecute?

Consumer protections and also the requirement for operators to segregate player funds was a major driving force behind states taking actions to regu Continue reading “Fantasy Aces Files for Bankruptcy, Can’t Pay Players”

California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts

California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts

The California online poker legislative push is back from the dead, and so is State Assemblyman Reggie Jones-Saywer (D-59th District) and his bill. Jones-Sawyer’s attempts to unite warring factions in the state’s gaming industry died in 2014 and 2015, along with his poker bills of those same years, but give the man credit: he doesn’t give up easily.

California State Assemblyman Reggie-Jones Sawyer returns with a new online poker bill, but will he succeed where others, including himself, have failed? Don’t hold your breath.

Undeterred, Jones-Sawyer has presented a new bill, AB 1677, aka the Internet Poker Consumer Protection Act, which offers little that’s new, although it does provide a platform to at least reignite the debate.

At the heart of that debate will be the question of suitability. Because online poker will see operators taxed, a bill to regulate it would need two-thirds majority vote to pass in the legislature. This is impossible unless all future stakeholders, mainly tribal casinos with political capital and lobbyists, are in agreement.

More of the Same

But blocking that outcome are two diametrically opposed groups of tribal operators, who are determined not to agree on the suitability question.

In one corner, the group that has loosely become known as the Morongo Coalition wants PokerStars to be included in a future market, because it has a commercial deal with the internet giant. In opposi Continue reading “California Mulls Latest Online Poker Bill, with Plenty of Ifs, Ands, or Buts”

Florida Home Gears Up for Gambling Pokies Free Download Bill Vote

Speaking at Tuesday’s very first meeting Prime Minister Shinzo Abe said play pokies for free they want to establish ‘clean gambling enterprises’ and can introduce laws associated with the highest standard to have that. Florida Home Gears Up for Gambling Bill Vote

The Florida home is expected to vote on a gambling bill today after its sponsor, Rep. La Rosa told House lawmakers that his legislation is building ‘a firewall’ that may shut all the loopholes that could be exploited for almost any type of gambling expansion. On the free online pokies win real money other hand, House Representatives argued during their Tuesday conference that the bill could have treated pari-mutuels more fairly. The ban encompasses even counties that had currently approved the addition of video gaming products. Hopes are that the legislative piece will be voted on and approved by the end of the year.

This fall although the government has not confirmed any timeline, it is believed that the bill will be submitted during an extraordinary legislative session. Macau has received it self being a popular casino hub while the Philippines, Singapore, Australia, and Southern Korea, among several more, are after suit using the construction of massive multi-purpose complexes to attract rich casino clients through the area as well as from other elements of the entire world. Under the piece sponsored by their state’s higher home, too, Seminole casinos free online pokies for fun will have to spend $3 billion in exchange for what they are offered. The piece will change the way also Japan’s current pachinko and horse racing companies are regulated. In addition, the Seminoles are set to contest both legislative proposals as people that want them to pay way too much for not enough in exchange.

The bill free pokies for fun that is new also determine the preferred locations for up to two built-in res Continue reading “Florida Home Gears Up for Gambling Pokies Free Download Bill Vote”