Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia

Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia

Two identical Atlanta casino bills have actually been introduced to both chambers regarding the state’s General Assembly, and gambling companies across the country are readying for the legislative fight by employing high-profile lobbyists.

It is tough to find fertile non-gaming regions in the US, specially in major metropolises. An Atlanta casino bill seeks to create land-based gambling to Georgia, much to the delight of billionaire Tilman Fertitta.

The absolute most recent name to join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican whom served two terms leading The Magnolia State has filed lobbyist documents in Atlanta to represent the interests of Las Vegas-based Wynn Resorts.

Barbour joining the discussion is very important due to his long friendship with current Georgia free $30 pokies Governor Nathan Deal (R). State lawmakers have been pressing to legalize gambling that is commercial Georgia for over a 12 months in an effort to increase tax revenue.

Deal has opposed such legislation in yesteryear, but recently hinted he would be open for a discussion should the casino legislation mandate that most the profits help education, as well as the effect wouldn’t directly hurt hawaii’s lottery system.

The Peach State sold $4.556 billion worth of lottery tickets in 2016 though Georgia doesn’t currently have land-based tribal or commercial gambling, nor par Continue reading “Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia”

Philippines to Plug Money Laundering Holes in Casino Sector

Philippines to Plug Money Laundering Holes in Casino Sector

The Philippines is pushing ahead with plans to tighten anti-money laundering (AML) controls in its casino sector.

The country’s gambling enterprises, which are lightly regulated by state-run operator-regulator PAGCOR, are currently exempt from the guidelines of its Anti-Money Laundering Act of 2001.

Representative Ben Evardone has endorsed legislation to include casinos that are philippine the powers associated with the country’s Anti-Money-Laundering Act. All that remains is always to determine the transaction reporting threshold.

But the cyber heist in the Federal Reserve Bank of February this past year, drew the relaxed nature of the Philippine myfreepokies.com system to the world’s attention and severely embarrassed the country, leading to urgent demands change not just from lawmakers inside the Philippines but in addition from the entire world Bank.

On February 5th, hackers flooded the Fed Bank with needs for transfers totaling almost $1 billion from an account owned by the Bangladesh Bank and utilized by the us government of Bangladesh.

Around $101 million had been successfully withdrawn before suspicions were raised. Some $20 million of this sum had been quickly traced to Sri Lanka and recovered. The others had been transferred to Philippine bank RCBC and, from there, $46 million found its way, via a remittance company, to the Philippine casino industry.

Time for Change

Representative Ben Evardone, chairman regarding the commit Continue reading “Philippines to Plug Money Laundering Holes in Casino Sector”

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”