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More Opposition Against Sheldon Anderson

Tuesday October 21,2014 :  MORE OPPOSITION FOR SHELDON ADELSON
 
"When powerful gaming interests are spearheading the fight to ban online gambling, it should give you pause."
 
Erik Telford, senior vice president at the Franklin Center for Government & Public Integrity in the United States, has come out strongly against the political influence leveraged by land casino billionaire Sheldon Adelson in his bid to ban almost all forms of online gambling.
 
In an op-ed article in the influential political publication The Hill headed "Ending the cycle of casino cronyism," Telford opines: "When powerful gaming interests are spearheading the fight to ban online gambling, it should give you pause.
 
"Their main policy objective is focused on federal legislation to ban online gambling outright – stifling their competition before it ever reaches the market.
 
"It is a glimpse of crony capitalism in its most naked form, and represents a very troubling assault on Internet freedom, giving government a foot in the door for a broader regulatory regime and usurping our federalist system."
 
Telford reprises the now well-known background to Adelson's expensive campaign to outlaw online gambling, covering the Department of Justice's back down on the Wire Act in December 2011 and the casino mogul's current political attempts at federal level to resurrect its provisions in Restoration of America's Wire Act legislation driven by Sen. Lindsey Graham and Representative Jason Chaffetz in Congress.
 
Telford characterises these attempts thus: "While their pretense is to advance a moral good, this policy would undermine the free market, encourage crime, and erodes the constitutional concept of states’ rights."
 
He quotes free market advocates, who agree that consumers would enjoy more security if online gambling was regulated and licensed in the United States as has been the case in many other countries.
 
“In this black market, where virtually all sites are operated from abroad, consumers have little to no protection from predatory behavior.” he quotes officials of the Institute For Policy Innovation in their address to congressmen on the proposed internet gambling ban recently.
 
“Perhaps even more concerning is the fact that this bill allows the federal government to take a heavy hand in regulating the Internet, opening the door for increased Internet regulation in the future,” they cautioned.
 
Telford concludes:
 
"Just like Prohibition in the 1920’s, banning this vice would actually incentivize criminal behavior. Those fearful of fraud, child participation, and profits diverted to gangs or terrorists should push for legalization in every state to make the industry as transparent as possible.
 
"Legalizing this long-established, multibillion dollar business gets the profits out of the shadows, expands market opportunities, and puts revenue into the coffers of both legitimate business and state governments that will benefit."



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

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.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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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