Problem Gambling Awareness Highlights Plainridge Park Casino’s Safeguard Failures month

Problem Gambling Awareness Highlights Plainridge Park Casino’s Safeguard Failures month

Problem Gambling Awareness Highlights Plainridge Park Casino’s Safeguard Failures month

March is Problem Gambling Awareness Month, therefore the marketing drive has delivered to light Plainridge Casino’s failure to protect those susceptible to gaming addiction in Massachusetts.

Problem Gambling Awareness urges concerned families to ‘have the conversation’ with those that might be prone to becoming addicted to gambling month.

‘Many grownups gamble or understand somebody who gambles, and, consequently, could benefit from programs to prevent gambling addiction,’ the nationwide Council on Problem Gambling (NCPG) website states. ‘We believe many who suffer in silence achieve this simply because they do not know why they developed an issue, what gambling addiction is or where to get help.’

The national conversation held each March has made its option to Massachusetts where one regarding the nation’s gambling venues that are newest has failed in instituting an appropriate firewall to problem gamblers.

The Plainridge Park Casino, the first commercial gambling destination in the state following the passing of the Expanded Gaming Act, opened in June of 2015. However, the slot parlor still hasn’t adopted a method to curb gamblers that are dependent.

‘ What’s the job of a casino? To make as money that is much possible. Setting limits on gambling simply the priority that is highest,’ Lasell College Professor Paul DeBole told the Boston world this week.

The Law Could Be the Legislation

When the Expanded Gambling Act ended up being signed into law by then-Governor Deval Patrick (D), a key provision was that the Plainridge and three future resort-style gambling facilities will have to implement programs to fight problem gambling.

It would incorporate a ‘play management’ system that would allow customers to set limits on how much they wager, with the slot machines flashing warnings when those enrolled reach certain time or money ceilings before it opened its doors, Plainridge said.

Eight months into procedure, the play administration program continues to be just a notion. The Massachusetts Gaming Commission previously approved the scheme and stated it would meet up with the mandate’s requirements.

‘Would we like faster implementation? Yes, but we think it’s taking the period of time necessary,’ Massachusetts Council on Compulsive Gambling Executive Director Marlene Warner said.

Challenges to the gaming system include making the enrollment and game play experience while that is user-friendly making sure customers don’t feel embarrassed or publicly shamed.

Problem Gambling by the Numbers

Regulators in Massachusetts have plenty of explanation to be worried about the potential risks of legalizing gaming that is commercial the Bay State. Based on an infographic released by the NCPG, problem gambling is the reason $7 billion in the US annually due to addiction, bankruptcy, and crime.

Of the estimated five million Americans who already meet the requirements for gambling addiction, three in four have problems with alcohol, 38 percent use or have used illegal drugs, and 20 % have attempted or committed committing suicide.

It’s certainly the dark side to the commercialization that is generating new jobs and economic growth for local counties and revenue for hawaii. Massachusetts estimated during the 2011 bill passage that gambling would generate $300-500 million in new tax income for state expenditures on an basis that is annual.

Plainridge was forecasted to bring in $300 million in gross profits in its opening year but is on speed to collect just over half of that figure at $162 million. The start that is slow disappointing numbers are added reason for casino bosses to take their time in setting limits on player bankrolls.

Virginia Constant Fantasy Sports Get Licensed, But Steep Charges Separate Out Big Fish from Small Fry

Virginia Governor Terry McAuliffe, who finalized the state’s fantasy sports bill into law this week. Not everyone is pleased about the new licensing situation, though. (Image:

Virginia fantasy that is daily (DFS) have the proud honor of being the first to become licensed in America.

On Monday, the Old Dominion State became initial in the US to license DFS, as Governor Terry McAuliffe signed the Fantasy Contests Act into legislation.

While other states have legalized DFS, of late Kansas, Virginia would be the first to license its operators. This, said McAuliffe, will ’empower Virginia to manage this emerging industry and keep consumers safe from abuses.’

But many smaller DFS operators and season-long dream sports sites have actually criticized the $50,000 licensing registration fee. While $50,000 may be a chicken feed to industry that is major DraftKings and FanDuel, it really prices the smaller brands out of the market.

Davids and Goliaths

Season-long fantasy sports sites have reported that the bill offers no differentiation between DFS therefore the variety that casino royale 2 slot machine is season-long. Demands for clarification on whether or not the bill refers simply to DFS or to all fantasy sports have actually not been answered by the governor’s office, leaving operators that are season-long whether they are now legally permitted to operate in their state.

‘It really puts us out of business in your state,’ said David Gerczak, co-founder of season-long web site, told The Virginia Pilot. ‘[The DFS sites] clearly have used season-long as cover. We feel we’re used.’

Gerczak has urged the continuing state to replace the title regarding the bill to your ‘daily fantasy sports contest work.’

Elsewhere, the passage regarding the bill ended up being praised, particularly by the brass that is top of.

‘ We thank Governor McAuliffe for his leadership and advocacy and so are hopeful that other states across the country will follow Virginia’s lead,’ said Griffin Finan, director of general public affairs for DraftKings.

Nevada Hearing

Nevertheless the tone was markedly different at a hearing in Nevada that met to discuss regulation that is potential as reported by the Las Vegas Review-Journal this week.

There, representatives of Draft Kings and FanDuel told Governor Brian Sandoval’s Gaming Policy Committee that regulation could damage the industry and limit innovation of its technology.

Nigel Eccles, CEO of FanDuel, argued that DFS should not be regulated in the way that is same hawaii governs sports books, while warning that a mishmash of disparate state-by-state regulation across America could damage the industry’s credibility.

The Nevada Gaming Control Board ruled that DFS constituted gambling under the state’s gaming law in October of last year. That meant that sites offering the competitions to state residents were providing unlicensed gambling. The Board ordered them to stop and desist or face charges that are criminal. DraftKings and FanDuel promptly exited, as required.

North Jersey gambling enterprises might Be Taxed 40 to 60 Percent, State Lawmaker Says

Nj State Assemblyman Ralph Caputo is leading the cost to amend the state’s constitution and bring in North Jersey casinos having a tax rate that is hefty. (Image:

Two North Jersey casino licenses could soon be granted, nevertheless the gambling operators in receipt that will be ready to touch in to the region’s nearly 3.5 million residents and New York City’s 8.5 million inhabitants across the Hudson might faint if they also receive their tax bill.

During a special public hearing on Monday, State Assemblyman Ralph Caputo (D-District 28) responded to the concern of prospective tax prices that casinos in the northern counties might face by revealing, ‘As a guess, it will be 40 to 60 percent,’ he stated.

That is a far cry from the 9.25 percent rate casinos now spend in Atlantic City.

New Jersey lawmakers are thinking about an amendment to the state’s constitution that would allow two gambling facilities become integrated North Jersey. Should it pass, it would end the gambling that is longstanding held by Atlantic City since 1976.

Competition from neighboring states has created a financial disaster in the former gambling mecca associated with the East Coast, and lawmakers in Trenton are scrambling to get new methods to recoup the dissipating taxation revenue.

Icahn Can’t Believe It

The topic of gambling expansion will always have its opponents, but in the Garden State, there exists a mole that is rather powerful. As reported last week, billionaire Carl Icahn delivered a $100 million ultimatum by saying he’dn’t invest those funds in his Atlantic City Trump Taj Mahal resort should North Jersey gambling enterprises be authorized.

Yesterday, a lot of the 17 backers of the state amendment that is constitutional.

‘This is a game-changing proposal. We’d modernize our gaming industry and offer relief that is significant elderly people and disabled residents,’ Caputo declared.

‘For a state sorely in need of new revenues for vital requirements such as programs and home tax relief for senior residents and residents that are disabled this is often a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposition would help bring a brighter future that is economic our state.’

The resolution now moves to the floor in the state capital, where it will need three-fifths approval in the Assembly and Senate after being approved by the state’s Assembly Judiciary Committee. If the chambers pass the motion to alter the state constitution, voters would have the say that is final would require a big part approval.

Taxing Rates

Taxing North Jersey casinos at levels as sky high as 60 percent on net winnings might thin the bidding industry considerably. However, a scan around nearby gambling locales shows such exuberant rates aren’t exactly away from the normal for neighboring states, at minimum.

Connecticut, for example, is a fairly contained 18 percent, and Delaware a bit higher at 29.4 % for table games, at least. But the cake is taken by then New York with a 60 to 69 % take on earnings, and Pennsylvania isn’t much better with a 55 percent price.

Nevada, and in addition, wins hands down with a modest 6.75 percent income tax rate, although the number that is sheer of in the Silver State obviously make that number more bodacious than it might appear.

An excessive amount of a positive thing

While 40-60 percent seems to fall adequately in line, particularly considering the market in question, nj-new Jersey State Senate President Stephen Sweeney (D-District 3) stated he finds the rate excessive.

Atlantic City Assemblyman Chris Brown (R-District 2) also questioned just how introducing new casinos to a market that is already oversaturated assist the constituents he represents.

‘Is it planning to pave the roads to ensure that individuals who are unemployed can get out of city?’ Brown asked.

Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal

Florida Governor Rick Scott, whose make an effort to hit a groundbreaking deal with the Seminole tribe has foundered and finally passed on in the legislature. (Image:

Florida lawmakers have shot down a proposal to allow the Seminole tribe to offer craps and roulette at their casinos.

The deal had been the result of months of negotiations between the Seminoles and Florida’s Governor Rick Scott, and would have been worth $3 billion to their state over seven years, rendering it the biggest revenue-sharing that is tribal in the usa.

The Seminoles would have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots under the proposal.

The bill, which had support in the State House (with amendments) had completely stalled into the Senate as of final week. It was ultimately pronounced dead when backers conceded it could be impossible to make any headway before the March 11 due date.

‘Going into today we knew full well that the gaming bills were on life help,’ said State Representative Jose Felix Diaz Dist. that is(R-116th) one of the bill’s architects. ‘The House ended up being dreaming about magic, but by the close of the we saw one was not coming and had no option but to pull the plug. day’

Blackjack Standoff

The deal had were a major breakthrough in the governmental standoff between Scott as well as the Seminoles with regards to was announced last December.

The initial compact between the tribe and Florida was formed in 2010, giving the Seminoles exclusivity on blackjack in the state in substitution for $1 billion, spread over five years.

This agreement additionally gave the Seminoles a stranglehold on the slots market by prohibiting the expansion of slots gambling beyond that which already existed at a number of pari-mutuel racetracks.

The compact expired on August 1 of last year, opening the field for negotiations. Within the interim, despite the expiration of the agreement, the Seminoles continued to supply blackjack at their seven properties in the state, in defiance of the deferral lawsuit filed by Florida, which sought to order the games closed down.

Exactly What Now?

Now that the compact that is new failed, it’s most likely that the matter may have to be settled in the courts. It’s also likely to disrupt the Seminoles commitment to Florida that is providing with of the latest jobs through a $1.8 billion expansion of its gambling enterprises at Tampa and Hollywood.

The bill’s passage through the legislature was ultimately impeded by persistent demands for amendments from the state’s disparate gambling lobbyists, notably their state’s race tracks.

‘ Every time you place a video gaming bill up into the Florida Legislature it is like tossing a part of beef into a shark tank,’ stated one lawmaker.

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