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Atlantic City casinos criticise the Restoration of America's Wire Act

Wednesday November 26,2014 : MORE OPPOSITION TO ADELSON'S BANNING PROPOSAL
 
Atlantic City casinos criticise the Restoration of America's Wire Act.
 
Mounting political, social and business opposition to attempts to ban most forms of online gambling in the USA through the federal Restoration of America's Wire Act has been boosted by another important lobby - the land casinos of Atlantic City.
 
The RAWA, a proposal currently in the Senate and House of Representatives, has been inspired and funded by Nevada and Macau land casino mogul Sheldon Adelson, an ardent anti-online gambling crusader who formed the Coalition to Stop Internet Gaming earlier this year .
 
In the latest drive opposing Adelson's political initiative, the Casino Association of New Jersey has voiced its opposition. The Association represents the interests of major Atlantic City land and online operators such as Bally's, Borgata Hotel Casino & Spa, Caesars Atlantic City, Harrah's Resort AC, Resorts Casino Hotel and Tropicana Casino.
 
In objecting to the RAWA, the Association urges members of Congress to strongly oppose any attempts to allow the bill to go through as part of any "backroom deal."
 
The Association points to the threat to states' rights and the legal standing of fair and honest online gambling in New Jersey under stringent and highly competent regulation which requires compliance with strict financial and technological standards, along with measures against problem and underaged gambling, and criminal involvement.
 
It additionally notes that the advent of legalised online gambling in the Garden State has reduced the incidence of gambling on illegal websites, thus improving the safety of internet gamblers.
 
Specifically identifying bills S.1259 and HR 4301 introduced by Sen. Lindsey Graham and Representative Jason Chaffetz respectively, the Association flags persistent media reports that "Congress may act on this bill in the lame duck session of Congress which would effectively render New Jersey’s regulation of internet gambling illegal," and points out that this would violate the Tenth Amendment right of each state to determine gambling policy within its borders.
 
The Association warns that such a violation would directly and negatively impact the State of New Jersey by preempting the state's existing laws on internet gambling, "...causing the loss of millions of dollars invested to date, robbing the State of tax revenues and ongoing economic and employment opportunities for its residents, and foreclosing the potential of casino licensees to foster and create jobs and valuable business ventures focused in the high-tech industry and development of new computer and software technology."

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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