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U.S. Virgin Islands Can Offer Online Gambling

U.S. Virgin Islands Can Offer Online Gambling

The U.S. Virgin Islands may soon be able to offer gaming that is online but many caveats abound. (Image supply:

Many Americans know the U.S. Virgin Islands for warm weather and beautiful beaches that they can check out without needing to obtain a passport. But thanks to a recent ruling from the islands’ Attorney General, this vacation spot may soon become just as well-known as a house for on the web gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an impression to other Virgin Islands officials, stating that the 2001 V.I. legislation that allowed for online gambling companies to run in the country will never clash with any federal laws in the United States, meaning that the law could finally be utilized to let the territory to host Web gambling companies. Until now, the territory had held off on really allowing any online gaming to go forward, because of warnings issued from the federal government.

However, as is usually the case in these circumstances, things aren’t quite that clear cut. What the law states only enables two companies to operate as ‘master providers’ in the territory, shutting out virtually any operators that are potential. And at least one of those companies states that they’ve lost a majority of their investors in the 12 years because the legislation has passed away, due to the doubt around if they’d ever be able to offer online gaming to players.

Major Economic Influence

If the two businesses were allowed to go forward with offering gaming that is online now, it might have a huge impact in the territory. According to Nick Pourzal of USVI Host one of the two companies that could offer Internet gaming beneath the law that is current estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both companies were running at full capacity.

Frazer’s opinion ended up beingn’t totally 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 Web Gaming and Gambling Act is appropriate on its face,’ Frazer wrote. ‘ However, caution should function as rule because the pitfalls are in the utilization of the legislation.’

Frazer also showed concern over just how far his viewpoint must be taken, and exactly how much would be allowed under federal law.

‘There is concern whether the utilization of the V.I.’s Internet gaming and gambling platform may be used by persons outside for the Virgin Islands and not run afoul of the federal law.’

Still, the Casino Control Commission associated with the Virgin isles has hailed the opinion as a significant step towards turning the territory into an online gaming hub. Based on the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin Islands is already 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 play that is off-island their sites.

The Virgin Islands Legislature could have something to say about exactly 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 within the two companies designated as master providers were government insiders the law’s passage, and she plans to introduce an amendment to start up the licensing process to competitive putting in a bid.

‘We must learn from our mistakes while making yes we do this correctly, so that no one can here come in and attempt to stop us,’ Rivera-O’Reilly said.

New York Gambling Legislation to Expand Casinos Gets Voter Thumbs Up

Voters in New York State have approved legislation that is gambling allows for major casino expansion (Image source: 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 significantly expand the brick-and-mortar casino industry in hawaii. Ny’s gambling legislation, that was to accept up to seven Las Vegas-style casinos in the state, passed with approximately 57 percent of voters approving. It was in stark contrast to a stunning beat for new casinos in the Boston and Palmer areas of Massachusetts on 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, who had navigated the complex web of gambling legislation interests in hawaii of New York to come up with a proposal that is widely acceptable to many of the major players here. That included provisions that will leave protected areas for existing Native American casinos into the state in which companies that are private not be in a position to build.

But besides the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in ny, there will now be a wide range of additional casinos that will be developed privately in various regions of the location. From the beginning, only four brand new casinos will be permitted a compromise that the State Legislature insisted on when they authorized the plan in each one of the final two sessions that are legislative. Those four casinos will be situated in various upstate regions: around Albany, into the Hudson Valley or the Catskills, and into 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 perhaps up to two more in the suburbs near the city around that same time.

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

Maybe Not With No Battle

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

Because the election neared, opponents focused on the language getting used in the ballot idea. In place of using language that is neutral the ballot question 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 revealed that support for the measure increased significantly after the more language that is positive included. Finally, the lawsuit was unsuccessful, and also the question reached the ballot with the greater language that is favorable.

Additionally, placating Native American tribal groups aided keep money that is much flowing into the anti-casino movement, while support for the amendment was well-funded by the gaming industry. This helped prevent much in the method of arranged opposition, with a lot more money and therefore, more television adverts coming down on the side of casino supporters.

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

If that takes place, that knows; maybe Borscht Belt comedy will return to the even long-gone showrooms of yesteryear there.

Ryan Riess Triumphs at 2013 WSOP Main Event

World group of Poker (WSOP) Main Event winner Ryan Riess shows off their bounty after his $8.3 million takedown associated with the event. (Image supply: Associated Press)

If anyone thought that the old-guard had undergone a revival in WSOP Main Events, their opinions had been well and truly readjusted after 23-year-old Ryan Riess the first WSOP winner to be created within the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million into the process.

After having a break of a several months, the November Nine had been shaping up to be always a story of the experienced pros versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th spot agonizingly short of the final table, the last group contained modern legends like JC Tran and on the web phenom, David ‘Raptor’ Benefield.

However, Tran’s chip advantage going into 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 was right down to the Michigan State University graduate, Ryan Riess and Farber, to decide who does lift the gold bracelet and bag themselves an accepted place in the history publications.

An In Depth Battle

Farber entered heads-up with the chip that is short, 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 switch, Farber raised to 2 million, Riess pumped it to 5 million, and Farber had a re-pop to 8.8 million. Riess made the phone call, and Riess examined the 8d 4s flop that is 3c. Farber bet 6.7 million, and Riess made the decision to take the players towards the turn.

The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to create a pot of 58.5 million. With the river 7s Riess examined again, and Farber checked. Riess’s Jc Jh was good enough.

Into The Home Straight

With Ryan Riess using a 130 million 60 million lead, it was his game to lose, and despite a fightback that is brief Farber, Riess ended up being never ever going to let his lead disappear.

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

Short-Lived Hope For Farber

Despite a respite that is brief and being simply two cards far from elimination, Farber couldn’t build on their energy, and two key hands saw the finish of his title challenge.

Both players checked, but when the turn fell 5s, Farber led out for 4 million with a flop of Ad Qd Kc. Riess made the phone call, and also the Kh came regarding the river. Both players checked, Farber revealed pocket nines, and Riess showed Ac 6d for top-pair, the hand, and another step en route towards the title.

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 ah flip over Kh.

A flop of Jd 10d 4c changed little, but a five would still be good for Farber.

The turn of the gave that is 3c just one more card to conserve his 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 first prize was their. Just a few years ago, Riess was Business that is studying at State University, however a go on to Las Vegas adopted, and their poker journey started. Multiple cashes regarding the WSOP Circuit came, and his cash that is best before here runner-up in the WSOP-C Horseshoe Main Event was all Riess had to show for his poker experience.

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