U.S. Virgin Islands Could Possibly Offer Online Gambling

The U.S. Virgin Islands may soon be able to offer gaming that is online but many caveats abound. (Image supply: Travel.usnews.com)

Many Americans know the U.S. Virgin Islands for the sunshine and beaches that are beautiful they are able to check out without being forced to get yourself a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a property for online gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an opinion to other Virgin isles officials, stating that the 2001 V.I. law that allowed for online gambling companies to operate in the nation would not clash with any laws that are federal the United States, and thus the law could finally be utilized to let the territory to host Internet gambling companies. Until now, the territory had held off on really enabling any online gaming to go ahead, because of warnings issued from the federal government.

However, as is normally the case in these situations, things aren’t quite that clear cut. What the law states only enables two companies to operate as ‘master providers’ within the territory, shutting out some other operators that are potential. And one or more of those companies states which they’ve lost a majority of their investors in the 12 years because the legislation has passed away, because of the doubt around whether they’d ever be able to provide gaming that is online players.

Major Economic Influence

If the two companies were allowed to get forward with providing online gaming internationally now, it might have a huge effect in the territory. According to Nick Pourzal of USVI Host one regarding the two companies that could offer Internet gaming beneath the law that is current estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both companies were running at full capacity.

Frazer’s opinion ended up beingn’t totally positive, however. The Attorney General gave many cautionary notes, including the fact that the Justice Department has changed its mind several times on exactly what states were permitted to do, and that legislation at the federal level could still change the game, as happened when Congress passed the Unlawful Internet Gambling and Enforcement Act (UIGEA) in 2006 over six pages.

‘I opine that the Virgin Islands online Gaming and Gambling Act is appropriate on its face,’ Frazer published. ‘ However, caution should be the rule because the pitfalls are in the implementation of the statutory legislation.’

Frazer also showed concern over just how far his viewpoint should really be taken, and just how much would be allowed under federal legislation.

‘There is concern whether the use of the V.I.’s online gaming and gambling platform can be utilized by persons outside associated with the Virgin Islands and not run afoul of the federal law.’

Still, the Casino Control Commission associated with Virgin isles has hailed the opinion being a significant step towards turning the territory into a gaming hub that is online. According to the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin Islands is already focusing on agreements with states such as New Jersey that have approved on the web gambling, both to form strategic partnerships and to help regulate off-island play on their sites.

The Virgin Islands Legislature may have something to say about how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 work so as to allow more companies to truly have the possiblity to compete for licenses. According to Rivera-O’Reilly, many of the principals into the two companies designated as master companies were federal government insiders the law’s passage, and she plans to introduce an amendment to start the licensing process up to competitive putting in a bid.

‘We must learn from our errors while making yes we do this correctly, so that no-one can come in here and try to stop us,’ Rivera-O’Reilly said.

Nyc Gambling Legislation to Expand Casinos Gets Voter Thumbs Up

Voters in brand New York State have authorized gambling legislation that enables for major casino expansion (Image source: NYDailyNews)

Exactly What a week it’s been for the land casino company straight back east, both negative and positive.

On Tuesday, voters in brand New York easily authorized a constitutional amendment that will significantly expand the brick-and-mortar casino industry in the state. Nyc’s gambling legislation, that was to accept as much as seven Las Vegas-style gambling enterprises in the continuing state, passed with approximately 57 percent of voters approving. It was in stark contrast to a stunning defeat for brand new casinos in the Boston and Palmer areas of Massachusetts in the day that is same.

Cuomo’s Fight Pays Off

The vote was the culmination of a multi-year plan by Governor Andrew Cuomo, whom had navigated the complex web of gambling legislation interests in the state of the latest York in the future up with slotsforfun-ca.com a proposal that would be widely acceptable to most of the major players here. That included provisions that will leave protected areas for existing Native American casinos into the state in which companies that are private never be in a position to build.

But as well as the five Indian gambling enterprises and nine slot parlors (located at race tracks) already in ny, there will now be a number of additional casinos that will privately be developed in various regions of the region. In the beginning, only four new casinos are going to be allowed a compromise that the State Legislature insisted on when they authorized the plan in each one of the last two legislative sessions. Those four casinos will be situated in various upstate regions: around Albany, in the Hudson Valley or the Catskills, and in the so-called Southern Tier that borders northern Pennsylvania.

Eventually, though, that could change. A casino could come to New york it self in about seven years, along with possibly up to two more into the suburbs near the city around that same time.

The casino vote undoubtedly saw some divisions within the state, though not on traditional political lines. Even though many New Yorkers saw the casino in an effort to boost regional economies and retain gambling money that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there had been also a range that is wide of whom opposed the gambling legislation.

Perhaps Not Without a Fight

Conservative groups, including some Roman Catholic bishops along with other spiritual leaders, warned that the revenue estimates supplied by the government were likely inflated and that the social ills that would show up with expanded gambling would outweigh the economic advantages. Meanwhile, progressive groups joined in the opposition, stating that the casinos would do the harm that is most to disadvantaged groups.

As the election neared, opponents focused on the language getting used in the ballot proposition. Instead of utilizing neutral language, the ballot question referenced possible positive outcomes of casino expansion, such as added jobs and increased tax income that could be used for schools. Casino opponents sued to have the language changed, while polling revealed that support for the measure more than doubled after the more good language ended up being included. Eventually, the lawsuit was unsuccessful, while the question reached the ballot with the greater amount of language that is favorable.

Additionally, placating Native American tribal groups assisted keep much money from flowing to the anti-casino movement, while support for the amendment was well-funded by the video gaming industry. This helped prevent much in the means of arranged opposition, with more money and therefore, more tv advertisements coming down on the side of casino supporters.

The newest York State Gaming Commission will now appoint a panel which will award licenses to developers who wish to build into the Empire State. Of the upstate venues, the Catskills has attracted the most attention, while the region already features a reputation as a resort destination.

If that takes place, that knows; possibly Borscht Belt comedy will even return to your long-gone showrooms of yesteryear there.

Ryan Riess Triumphs at 2013 WSOP Main Event

World group of Poker (WSOP) Main Event winner Ryan Riess exhibits his bounty following his $8.3 million takedown for the event. (Image source: Associated Press)

If anyone thought that the old-guard had undergone a revival in WSOP Main Events, their opinions were well and truly readjusted after 23-year-old Ryan Riess initial WSOP winner become created in the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million within the process.

The November Nine was shaping up to be a story of the experienced pros versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th place agonizingly short of the final table, the last group contained modern legends like JC Tran and online phenom, David ‘Raptor’ Benefield after a break of a several months.

Nonetheless, Tran’s chip advantage going to the last table didn’t pay off, and after a blow-up of massive proportions against Jay Farber who’d been working as a bouncer and VIP host up before the WSOP he was gone in 5th.

With the ‘senior’ pro Amir Lehavot gone also, it was down to the Michigan State University graduate, Ryan Riess and Farber, to decide who does lift the silver bracelet and bag themselves an accepted place in the annals publications.

An In Depth Battle

Farber entered heads-up with the short chip lead, 105 million to Riess’s 85 million, but it was the more experienced university guy who made his skill tell.

After 30 hands almost double the amount of last year’s heads-up duel the breakthrough came.

Sitting on the key, Farber raised to 2 million, Riess pumped it to 5 million, and Farber had a re-pop to 8.8 million. Riess made the call, and Riess examined the 8d 4s 3c flop. Farber bet 6.7 million, and Riess made the phone call to simply take the players towards the turn.

The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to make a cooking pot of 58.5 million. With the river 7s Riess checked once again, and Farber checked. Riess’s Jc Jh was good enough.

Into The true Home Straight

With Ryan Riess using a 130 million 60 million lead, it had been his game to lose, and despite a fightback that is brief Farber, Riess had been never going to let his lead disappear.

Sitting on 15bb, Farber did create a brief comeback, doubling up whenever going all-in on a Kc 5h Qs flop. Riess flipped over Ks 10h for top-pair, with Farber’s Jc 10s in need of a nine or ace to result in the right. The 9h duly arrived regarding the change to give Farber the double-through, and send his legion of fans into apoplexy.

Short-Lived Hope For Farber

Despite a respite that is brief and being simply two cards away from elimination, Farber couldn’t build on his energy, and two key fingers saw the finish of his title challenge.

With a flop of Ad Qd Kc, both players examined, but when the turn fell 5s, Farber led out for 4 million. Riess made the phone call, plus the Kh came in the river. Both players checked, Farber revealed pocket nines, and Riess showed Ac 6d for top-pair, the tactile hand, and another step en route to the name.

Final Hand

Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration worldwide as he saw Riess flip over Ah Kh.

A flop of Jd 10d 4c changed little, however a five would still be good for Farber.

The change of the 3c gave Farber just one more card to conserve their competition life. Due to the fact crowd rose, the dealer peeled off the 4d on the river, and Riess was swamped by their buddies and family, as chants of ‘Riess the Beast’ rang out across the Rio Hotel’s Penn and Teller Theater.

The Green And White

For Riess, the $8,361,570 first prize was his. Just a few years ago, Riess was studying Business at Michigan State University, but a proceed to Las Vegas observed, and their poker journey started. Multiple cashes regarding the WSOP Circuit came, and his cash that is best before here runner-up in the WSOP-C Horseshoe Main Event had been all Riess had to show for his poker experience.