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U.S. Virgin Islands Can Offer Online Gambling



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

Most Americans understand the U.S. Virgin Islands for summer and beautiful beaches that they are able to go to without being forced to get a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a property for online 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 Web gambling companies to run in the united states will never clash with any federal laws in the United States, and thus the law could finally be used to let the territory to host Internet gambling companies. So far, the territory had held off on really enabling any online video gaming to get ahead, because of warnings issued from the government that is federal.

However, as is normally the case in these situations, things aren’t quite that clear cut. Regulations just allows for two companies to operate as ‘master service providers’ in the territory, shutting out any other operators that are potential. And one or more of those companies says which they’ve lost most of their investors in the 12 years since the legislation has passed, due to the doubt around if they’d ever be in a position to offer gaming that is online players.

Major Economic Impact

If the two organizations were allowed to go forward with offering online gaming internationally now, it might have huge impact in the territory. According to Nick Pourzal of USVI Host one of this two companies that can offer Internet gaming beneath 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 companies 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 Internet Gaming and Gambling Act is appropriate on its face,’ Frazer had written. ‘ However, caution should be the rule because the pitfalls are in the implementation of the statutory law.’

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

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

Still, the Casino Control Commission associated with the Virgin Islands has hailed the opinion as a significant action towards switching the territory into a gaming hub that is online. In line with the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently focusing on agreements with states such as New Jersey that have actually approved on line gambling, both to create strategic partnerships and to help regulate off-island play on their sites.

The Virgin isles 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 have the possiblity to compete for licenses. According to Rivera-O’Reilly, lots of the principals in the two companies designated as master companies were government insiders the legislation’s passage, and she plans to introduce an amendment to open the licensing process up to competitive putting in a bid.

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

Nyc Gambling Legislation to Expand Casinos Gets Voter Thumbs Up

Voters in brand New York State have approved gambling legislation that will allow for major casino expansion (Image supply: NYDailyNews)

Exactly What a week it has been for the land casino company back east, both bad and the good.

On Tuesday, voters in brand New York easily authorized a constitutional amendment that will significantly expand the brick-and-mortar casino industry in the state. Nyc’s gambling legislation, which was to approve up to seven Las Vegas-style gambling enterprises into the continuing state, passed with approximately 57 percent of voters approving. It was in stark contrast to a stunning defeat for new casinos in the Boston and Palmer areas of Massachusetts regarding the same day.

Cuomo’s Fight Pays Off

The vote was the culmination of a multi-year plan by Governor Andrew Cuomo, who had navigated the complex web of gambling legislation interests in their state of the latest York to come 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 into the state by which private companies will never be able to build.

But in addition to the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in New York, there will now be an amount of additional casinos that will privately be developed in various regions of the area. At the start, only four new casinos is going to be allowed a compromise that the State Legislature insisted on when they authorized the master plan in each of the final two sessions that are legislative. Those four casinos will be positioned in various upstate regions: around Albany, into the Hudson Valley or the Catskills, and into the so-called Southern Tier that borders northern Pennsylvania.

Eventually, though, that could change. A casino could come to New York City itself in about seven years, along with possibly up to two more in the suburbs near the city around that same time.

The casino vote definitely saw some divisions within the state, though not on traditional lines that are political. Even though many New Yorkers saw the casino in an effort to boost neighborhood economies and retain gambling money that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there were also a wide variety of teams whom opposed the gambling legislation.

Maybe Not Without a Battle

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

Due to the fact election neared, opponents centered on the language used in the ballot proposition. In the place of making use of language that is neutral the ballot concern referenced possible positive outcomes of casino expansion, such as additional jobs and increased taxation revenue that could be used for schools. Casino opponents sued to have the language changed, while polling revealed that help for the measure more than doubled once the more good language had been included. Ultimately, the lawsuit was unsuccessful, therefore the question reached the ballot with the more language that is favorable.

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

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

If that happens, who 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 number of Poker (WSOP) Main Event winner Ryan Riess exhibits his bounty after his $8.3 million takedown of this event. (Image source: Associated Press)

If anyone thought that the old-guard had enjoyed a resurgence in WSOP Main occasions, their opinions were well and undoubtedly readjusted after 23-year-old Ryan Riess initial WSOP winner to be born within the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million within the process.

After a break of a several months, the November Nine had been shaping up to be always a story regarding the experienced professionals versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th spot agonizingly short of the final table, the last team 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 until the WSOP he was gone in 5th.

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

A Close Battle

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

After 30 arms almost twice the quantity of last year’s heads-up duel the breakthrough came.

Sitting on the button, Farber raised to 2 million, Riess pumped it to 5 million, and Farber possessed a re-pop to 8.8 million. Riess made the decision, and Riess examined the 8d 4s 3c flop. Farber bet 6.7 million, and Riess made the call to just 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 create a cooking pot of 58.5 million. With the river 7s Riess examined once 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 was his game to lose, and despite a fightback that is brief Farber, Riess had been never going to let his lead disappear.

Sitting on 15bb, Farber did produce a comeback that is brief 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 result in 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 momentum, and two key arms 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 decision, as well as the Kh came in the river. Both players checked, Farber revealed 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 on the planet 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 3c gave Farber just one more card to save your self his competition 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 his. Just a few years ago, Riess was Business that is studying at State University, however a proceed to Las Vegas used, and his poker journey started. Multiple cashes on the WSOP Circuit came, and his best cash before here runner-up in the WSOP-C Horseshoe Main Event ended up being all Riess had to show for his poker experience.

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