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US States Desperate For Cash Consider Gambling

The Wall Street Journal examines the drive to expand [land] gambling in a number of US states desperate for new sources of revenue in the tough economic times in the United States. In the article, the WSJ reports that at least a half-dozen states are weighing whether to expand gambling opportunities, as longtime proponents of slot machines, video poker and casinos seize upon the recession to promote gambling receipts as a quick-and-easy solution to budget woes.
 
"The proposals, most still in the early stages, include a Maryland bill that would put 3 000 slot machines in airport terminals, efforts in Kentucky and Nebraska to allow slot machines at racetracks and a proposal in Illinois to allow lottery tickets to be sold online," the article informs. 

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"Perhaps the most far-reaching campaign is in Texas, where pro-gambling lawmakers are pushing for 12 new Las Vegas-style casinos, one in every major city across the state. Other bills circulating in Austin would allow casino gambling on tribal lands and slot machines at horse and greyhound race tracks," it continues.
 
The well-researched article goes on to examine the funding implications, especially in a recession where even major land gambling companies have been shown not to be recession-proof. It also examines the inflated revenue projections presented by some politicians trying to get approval for land gambling expansion.
 
Suzii Paynter, who directs the public-policy arm of the Baptist General Convention of Texas, dismissed over-optimistic projections of gambling revenue as "billionitis." She recently emphasised that the state of Texas had been built on tourism, and that new land casino ventures - assuming the money could even be found to fund these - could cannibalise tourism revenues from more wholesome and natural attractions in the Lone Star state. 
 
"We built our state on family-friendly tourism," Ms. Paynter said. "And we have a saying in Texas: "Dance with who brung ya."
 
Intriguingly, the article does not include the highly professional estimates recently released by the internationally respected accounting group PricewaterhouseCoopers, projecting up to $52 billion tax potential over the next few years if Internet gambling were to be licensed, regulated and taxed in the United States.



Gambling News :

Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

Joe Fortune new Rewards Program - Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

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