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Nevada asking Casinos For Bailout
2/27/10 - Friction appears to be building between the land casino industry in Nevada and state legislators scrambling to find a solution to the state's yawning $900 million budget gap...and this time an economically struggling industry is reluctant to bail the state out.
Suggestions by the Nevada State Legislature Speaker Barbara Buckley that the industry should accept additional taxes or fees to help address the worrying budget deficit were this week met with a strong refusal. Buckley had proposed that the casino industry put up the cash to cover the operations of the Gaming Control Board in addition to the usual taxes and fees.
Some analysts believe that the situation could be good for the online gambling legalisation cause as raising revenue becomes ever more urgent, whilst others seem to feel that the pressure would be focused on the Democratic Party and its expensive social spending program.
Responding to Buckley's call for assistance, the Nevada Resort Association said it was unable to "reach a consensus among our statewide membership" to support the proposal.
"We gave blood before and have given blood time after time," said Billy Vassiladis, a lobbyist for the group.
Legislators are not giving up as easily as that, it appears. Senate Majority Leader Steven Horsford went on record as saying: "We are not done. Gaming must participate."
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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