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Most Hawaiians Head To Vegas To Gamble

4/4/10 - Hawaiians with a yen to gamble refuse to be frustrated by island bans, reports the Financial Post in an interesting article over the weekend. Instead, large and growing numbers of them head off regularly to Las Vegas.
 
Locals of the state, which is made up of a string of eight islands, refer jokingly to Las Vegas as the ninth island, the Post reveals....and Hawaii's small population of 1.2 million generates more than 150 000 trips to Las Vegas each year. Some of the islanders make five or six trips a year, with the total spend in Vegas by Hawaiians estimed as being in excess of $100-million.
 
The Financial Post claims that the "ninth island" is so popular that 80 000 Hawaiians now live there.
 
The public demand for gambling in the state has created much political debate, but has so far been held off by conservative politicians resistant to changes in the status quo.  The difficulties of making state budget ends meet has created more debate but no progress.
 
The usual arguments of providing the state and its people with more employment opportunities and revenues through casino taxes, should gambling be permitted is offered by the pro-gambling faction, who add that tourists visiting the island would find gambling facilities an added attraction, especially punters from Asia. And of course much of the cash taken to Vegas by Hawaiian gamblers would be retained in the islands.
 
"But the anti-gambling lobby is a powerful one, with roots going way back to the 19th century when the Christian missionaries insinuated the hand of God into every corner of society," reports The Financial Post. "It was that fundamentalism that at one point frowned on surfing, with the church discouraging Hawaiians from taking to the waves on their longboards because it provided too much pleasure and was next to wicked.
 
"Today, the lobby argues -- persuasively -- that any revenue from gambling would not offset the social and economic damage done to those who are most vulnerable. The anti-gamblers also argue that while economic times are tough now, any casino would be several years in the planning and building, by which time the times would likely not be as tough."
 
A recent editorial in the Star-Bulletin newspaper stated the anti-gambling viewpoint: "Polls during the 1990s showed that a majority of Hawaii residents understand the negative consequences and oppose its legalization. In 2001, then-Gov. Ben Cayetano's proposal to allow a single casino in Ko Olina was rejected by legislators. A bill two years ago to allow casino gambling to help pay for rapid transit was also cast aside. At some point, the advocates [of legal gambling] should tire of throwing the dice."
 
The anti-gambling streak running through most of the state's establishment is deeply entrenched. The Hawaii Coalition Against Legalized Gambling is a well-organized campaign that has two simple goals: To educate the public on the overwhelming negative affects of legalized gambling and to prevent legalized gambling from being introduced in the state.
 
"As a result, about 3 000 Hawaiians each week will continue to get on the plane and travel to the "ninth island" and spend millions. Others will simply continue to gamble illegally at home," the article concludes.
 
http://www.financialpost.com/todays-paper/story.html?id=2758515&p=2#ixzz0k6hu00h2

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Gambling News :

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

SOUTH KOREANS BUSTED IN THAILAND ON ONLINE GAMBLING CHARGES - Those detained were named as Jeong Kyujin (35), Han Kyoreh (26), Choi Sung Ming (35) and Bae Jeonghwan (26), all of whom claimed that they had bene hired by a Korean man to operate online gambling sites.

China Lottery Sales Up in 2016 - The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).

New chairman and a new director for 500.com - Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.

Russian betting Sites to face rise in tax rates - Online bookies also pay a 1 percent commission on each transaction through the TSUPIS, and face levies at 5 percent of GGR to assist Russian sports federations.

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