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Washington Times Attacks against Adelson
Sunday November 22,2014 : ADELSON IS THE LAST TO CLAIM THE MORAL HIGH GROUND.
Strong personal attack launched by acclaimed legal expert.
The Washington Times carried a strongly worded attack on anti-online gambling crusader and land casino magnate Sheldon Adelson over the weekend, suggesting that his opposition is more anti-competition than morally based.
The man firing the op-ed broadside is top legal eagle, author and lecturer Bruce Fein (67), a Harvard Law School graduate and widely experienced legal expert with considerable previous involvement in government and corporate law whose impressive c.v. can be viewed here: http://www.brucefeinlaw.com/attorney/
He is not a supporter of gambling in any form, but appears motivated by what he perceives to be the hypocrisy of the land casino owner.
Flagging Adelson's vast wealth accrued from gambling, Fein claims that the casino mogul's craving for greater wealth is what really drives him to oppose internet gambling, writing:
"Mr. Adelson’s casino riches could be diminished if the current legal restraints on Internet gambling are relaxed or eliminated. In the manner of a deathbed conversion, Mr. Adelson is preaching against competition for casinos in the guise of a belated passion for moral virtue but in reality to preserve his opulence.
"The nation would profit if both were discouraged or stigmatized. Gambling does not gain in its depravity by its movement from the casino floor to an Internet cafe.
"Does Mr. Adelson think we were born yesterday? He is refraining from Internet gambling not because of moral scruples — assuming he has any — but because he believes it’s a losing business proposition.
"He taxes our credulity even more by arguing that his opposition to Internet gambling pivots on his weeping concern for the young, the indigent, and alcohol and drug addicts. He suggests he is traumatized by the prospect that they will squander money online that they cannot afford to lose.
"In contrast, Mr. Adelson insinuates, his land-based casinos vet patrons for their financial ability to withstand gambling losses. Only a dunce would believe that."
Continuing his stinging attack, Fein observes that Adelson is an improbable candidate to empathise with the poor, claiming that he delights in ostentation and the influence his money can generate.
"When Mr. Adelson descends from his bejeweled moral pedestal, his ulterior motives become apparent," Fein concludes. "He maintains that online gambling is “suicidal” for the U.S. casino industry in the long run and will destroy hundreds of thousands of jobs.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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