Support Dropping for Massachusetts Casinos, Poll Says

Support Dropping for Massachusetts Casinos, Poll Says

Even in the best of times, the idea of allowing casino that is large in Massachusetts had been a controversial one. Still, the residents associated with the state seemed to support the idea generally at least until recently. Now, a new poll has shown just exactly how far help for the casino law has fallen.

Anti-casino sentiment is growing throughout Massachusetts. (Image: AP)

Based on a poll released this week by Suffolk University and the Boston Herald, only 37 percent of Massachusetts voters now support having casinos in the state, while 47 % oppose the concept (15 percent had been undecided). That’s a huge shakeup in the state’s opinion of expanded gambling: as recently as February, 51 percent of voters said that they were in favor of the brand new casinos.

Prospective Repeal Vote Looms

If everyone’s opinion of the casino law wasn’t considered specially important in the past, that view could easily change later this year. Massachusetts’ Supreme Judicial Court is currently debating whether a measure to repeal the casino law is allowed for a statewide ballot in November, and the new numbers suggest that voters might kick the casinos out from the state if given the chance.

‘It appears as you’ve possessed a major shift in opinion because the reality of casinos and the regressive nature of what goes on with the placement of gambling enterprises in Massachusetts in addition for some associated with social dilemmas,’ s Continue reading “Support Dropping for Massachusetts Casinos, Poll Says”

Fertitta and Wynn Joining American Gaming Association for 2014

Fertitta and Wynn Joining American Gaming Association for 2014

Station Casinos Chairman Frank Fertitta III is going to be joining the American Gaming Association Board of Directors this along with Steve Wynn (Image: year)

Take your seats and get ready for some head-whipping interplay between power players: the American Gaming Association (AGA) the Washington, D.C.-based main lobbying arm for the main casino conglomerates in America has some new constituents. It should make for an interesting year ahead since these casinos’ professionals determine the course for gambling in the United States, as well as in particular, online gambling.

Wynn Comes Back

Joining this powerhouse organization a group tasked largely with persuading federal legislators to do this where it’s required in terms of gaming will be Wynn Resorts Ltd., Station Casinos, and Kentucky that is upscale Derby and casino operator Churchill Downs Inc. Each of these companies will then have an official member representing their interests on the AGA’s board of directors.

Returning to the organization that he initially founded right back in 1995 will be casino magnate Steve Wynn, chairman of his company that is eponymous obviously one of the gaming industries more invigorated proponents. After he offered his Mirage Resorts to that which was then called MGM Grand Corp. back in 1999, Wynn had walked away from the organization. Their views on online gaming have now been somewhat circumspect, as they Continue reading “Fertitta and Wynn Joining American Gaming Association for 2014”

Online Poker in Russia Tries to Come In Out of the Cold

Online Poker in Russia Tries to Come In Out of the Cold

No, he’s not featuring in ‘The Nutcracker Suite,’ but Russia’s Vladimir Putin could be playing online soon poker. (Image: MIKHAIL KLIMENTYEV/AFP/Getty Graphics)

The federal government of Russia is actively considering legalizing and managing online poker, according to Russian business and politics daily Kommersant, hence opening up a potentially huge market that could be worth $145 million yearly in fiscal revenue alone.

The Russian daily publication says that Russian First Deputy Prime Minister Igor Shuvalov has instructed the Ministry for Economic Development and the Ministry of Justice to compile a written report on legalizing Internet poker, that will be due for consideration on July 21st. Kommersant said that the given information had been given by unidentified sources within the government.

Moscow has apparently been swayed by certain fiscal projections, with some analysts claiming that online poker legalization could bring 2 to 3 billion rubles ($58 million to $87.5 million) towards the state’s coffers per 12 months, a figure that could possibly swell to meet or exceed 5 billion rubles ($145 million) within 5 years.

The figure that is former centered on a model in which 1 to 1.5 billion rubles would be levied as a taxation on operators, with a similar quantity from the players’ tax. Whether Russia would adopt a framework that is monopolistic an available market remains to be seen.

PokerStars obstructed

It’s defin Continue reading “Online Poker in Russia Tries to Come In Out of the Cold”