U.S. Virgin Islands Could Offer Online Gambling

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

Most Americans know the U.S. Virgin isles for summer and beaches that are beautiful they could go to without having to get a passport. But because of a present ruling from the islands’ Attorney General, this vacation spot may soon become just as well-known as a house for on line gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an opinion to many other Virgin Islands officials, stating that the 2001 V.I. legislation that allowed for online gambling companies to run in the country wouldn’t normally clash with any laws that are federal the usa, and therefore the law could finally be used to allow the territory to host Internet gambling companies. As yet, the territory had held off on actually enabling any online gaming to go ahead, because of warnings issued from the government that is federal.

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

Major Economic Influence

If the two companies were permitted to get forward with providing gaming that is online now, it could have huge impact regarding the territory. According to Nick Pourzal of USVI Host one associated with the two companies that could possibly offer Internet gaming under the law that is current estimates that the maximum amount of as $30 million could go in to the territory’s General Fund if both organizations were operating at full capacity.

Frazer’s opinion ended up beingn’t entirely positive, however. The Attorney General gave many cautionary notes, including the fact that the Justice Department has changed its mind several times on exactly what states were permitted to do, and that legislation at the federal level could still change the game, as happened when Congress passed the Unlawful Internet Gambling and Enforcement Act (UIGEA) in 2006 over six pages.

‘I opine that the Virgin Islands online Gaming and Gambling Act is legal on its face,’ Frazer had written. ‘ However, caution should function as rule because the pitfalls come in the utilization of the legislation.’

Frazer also showed concern over just how far his viewpoint ought to be taken, and just how much would be allowed under federal legislation.

‘There is concern whether the use of the V.I.’s Internet gaming and gambling platform can be utilized by individuals outside for the Virgin Islands and not run afoul of the federal law.’

Still, the Casino Control Commission regarding the Virgin isles has hailed the opinion 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 Islands 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 off-island play on their sites.

The Virgin isles 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 work so as to allow more companies to truly have the chance to compete for licenses. According to Rivera-O’Reilly, a lot of the principals in the two companies designated as master service providers were government insiders the legislation’s passage, and she plans to introduce an amendment to start the licensing process up to competitive bidding.

‘We must learn from our errors and work out certain we do this correctly, so that no one can come in here and attempt to stop us,’ Rivera-O’Reilly said.

New York 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)

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

On Tuesday, voters in New York comfortably authorized a constitutional amendment that will greatly expand the brick-and-mortar casino industry in hawaii. Nyc’s gambling legislation, that has been to approve as much as seven Las Vegas-style casinos within the continuing state, passed with approximately 57 percent of voters approving. It was in stark contrast to a wonderful beat for brand new casinos in the Boston and Palmer areas of Massachusetts regarding the day that is same.

Cuomo’s Fight Pays Off

The vote was the culmination of a plan that is multi-year Governor Andrew Cuomo, whom had navigated the complex web of gambling legislation interests in hawaii of the latest York in the future up with a proposal that is widely acceptable to many of the major players there. That included provisions that will leave protected areas for existing Native American casinos within the state in which companies that are private not be able to build.

But as well as the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in New York, there will now be a wide range of additional casinos that will be developed independently in various regions of the slotsforfun-ca.com location. At the start, only four new casinos is permitted a compromise that the State Legislature insisted on when they approved the master plan in each of the final two legislative sessions. Those four casinos will be situated in various upstate regions: around Albany, in the Hudson Valley or the Catskills, and within 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 city around that same time.

The casino vote surely saw some divisions within the state, though not on traditional lines that are political. Even though many New Yorkers saw the casino as a way to boost neighborhood economies and retain gambling cash that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there had been also a range that is wide of whom opposed the gambling legislation.

Perhaps Not With No Fight

Conservative teams, including some Roman Catholic bishops along with other spiritual leaders, warned that the revenue estimates given by the government were likely inflated and that the social ills that would arrive with expanded gambling would outweigh the benefits that are economic. Meanwhile, progressive groups joined up with in the opposition, stating that the casinos would do the many damage to disadvantaged groups.

As the election neared, opponents dedicated to the language getting used in the ballot proposition. In place of utilizing language that is neutral the ballot concern referenced possible positive outcomes of casino expansion, such as additional jobs and increased taxation income that could be used for schools. Casino opponents sued to have the language changed, while polling showed that support for the measure more than doubled when the more language that is positive included. Fundamentally, the lawsuit was unsuccessful, while the question reached the ballot with the greater amount of language that is favorable.

Additionally, placating Native American tribal groups aided keep much money from flowing into the anti-casino movement, while help for the amendment was well-funded by the gaming industry. This helped prevent much in the real way of arranged opposition, with a lot more money and consequently, more tv adverts coming down on the side of casino supporters.

The brand new York State Gaming Commission will appoint a panel now that may award licenses to developers who desire to build into the Empire State. Of the upstate venues, the Catskills has attracted the most attention, since the region already includes a reputation as a resort destination.

If that happens, that knows; perhaps Borscht Belt comedy will even get back towards the long-gone showrooms of yesteryear there.

Ryan Riess Triumphs at 2013 WSOP Main Event

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

The first WSOP winner to be born in the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million in the process if anyone thought that the old-guard had made a comeback in WSOP Main Events, their opinions were well and truly readjusted after 23-year-old Ryan Riess.

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.

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

With the ‘senior’ pro Amir Lehavot gone additionally, it had been right down to the Michigan State University graduate, Ryan Riess and Farber, to decide who would raise the silver bracelet and bag themselves place in the history publications.

A Detailed Battle

Farber entered heads-up with the brief chip lead, 105 million to Riess’s 85 million, nonetheless it was the more experienced university man who made his skill tell.

The breakthrough came after 30 hands almost double the amount of last year’s heads-up duel.

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 phone call, and Riess checked the 8d 4s 3c flop. Farber bet 6.7 million, and Riess made the call to take the players to the turn.

The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to produce 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 true Home Straight

With Ryan Riess taking a 130 million 60 million lead, it absolutely was his game to lose, and despite a brief fightback by Farber, Riess was never going to let his lead disappear.

Sitting on 15bb, Farber did make a brief comeback, doubling up whenever moving 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 on the change to give Farber the double-through, and send his legion of fans into apoplexy.

Short-Lived Hope For Farber

Despite a brief respite, and being just two cards away from elimination, Farber couldn’t build on his momentum, and two key arms saw the finish of his title challenge.

With a flop of Ad Qd Kc, both players checked, but when the change fell 5s, Farber led out for 4 million. Riess made the phone call, as well as the Kh came in the river. Both players checked, Farber showed pocket nines, and Riess showed Ac 6d for top-pair, the hand, and another step en route to your name.

Final Hand

Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration worldwide as he saw Riess flip over Ah 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 their tournament 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 their. Only a few years ago, Riess was Business that is studying at State University, but a proceed to Las Vegas followed, and his poker journey began. Multiple cashes regarding the WSOP Circuit came, and his cash that is best before here runner-up in the WSOP-C Horseshoe Main Event had been all Riess had to show for his poker experience.

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