New Hampshire Grapples with Influence of Possible Land Casino

New Ham<span id="more-12570"></span>pshire Grapples with Influence of Possible Land Casino

A poker dealer lays out charity fundraiser tournament chips at a Salem, N.H. makeshift casino; the brand New Hampshire legislature now would like to approve one genuine land casino for the state (Image:

New Hampshire may have a reputation as a quiet, relaxed state where bed and breakfasts and a little skiing are about the most exciting happenings around, but that image are about to alter. With everyone else in the region accumulating their gambling industries, it seems as though the Granite State may be prepared to participate in the brick-and-mortar race and welcome a land casino of these own.

Representing the Future

In accordance with reports, over 100 representatives in the continuing state House of Representatives have signed on up to a bill that could welcome only one casino to hawaii of New Hampshire. That’s more than half the quantity of representatives that would eventually need to vote for such a bill to pass your house.

People declaration had been meant as a sign of early strength for the bill. A total of 108 representatives publicly supported the bill, making up a group that is bipartisan of Democrats and 25 Republicans. Many of those representatives also participated in a press conference to strongly show just how they felt about bringing casino gambling to New Hampshire.

‘We have momentum because we listened,’ said Representative Katherine Rogers. ‘We heard the issues of House members final springtime whom said we did not have the right regulatory framework.’

All Systems Go

The bill that is new issues, giving the state plenty of oversight over the casino bidding process and supplying funding for problem gambling services. The bill would allow for just one casino, because of the permit for that casino going through a competitive bidding process. It would also create a New Hampshire gaming commission that could oversee not merely the casino, but also the existing lottery, racing, and charitable gaming operations in the state.

‘There are major improvements that can make sure expanded gambling is a deal that is good the citizens of New Hampshire,’ said Representative Jeremy Dobson.

Late this the House Ways and Means Committee held a hearing on the bill, known as HB 1633 week. Supporters revealed the financial benefits of a casino, saying it could make significant revenues without requiring a broader taxation increase. It would also be a brand new supply of jobs in a suggest that tends to lose young employees to many other parts of the country.

‘We are running away from time and energy to attract individuals stay in New Hampshire and to give people jobs right here,’ said Diana Lacey, president of the State Employees’ Association.

One concern raised at the hearing ended up being the concept that casino gambling may perhaps not fit in using the current ‘brand’ New Hampshire has in the minds of tourists and visitors.

‘We lack such a need that is chronic this revenue that our company is willing to put up with the burdens therefore the price and the harm to our brand,’ said Concord developer Steve Duprey. While some supporters stated that New Hampshire’s motto is ‘Live Free or Die’ which may suggest that residents should be permitted to choose whether they desire to play at a casino or maybe not Duprey countered that the state still had to create decisions about what’s right and acceptable for New Hampshire.

But other people disputed the branding claim. Pat Griffin, a brand new Hampshire resident whom had worked in marketing and advertising for the state’s tourism industry, pointed out that 41 other states have some type of casino gambling, and that has not affected most of their brands. For example, Colorado has 41 gambling enterprises, but is still understood for its mountains and skiing. One casino, he said, will not be the point that is tipping changes just what brand New Hampshire means to visitors.

Toronto Man Wanted After Failure to Pay $12.9M to Las Vegas Casinos

A new nomination for ‘World’s Dumbest Criminals’ is actually a Canadian man who reportedly owes the Venetian casino in Las Vegas and one other $12m in IOUs and is now AWOL and wanted

There are a things that are few can get you nominated for ‘World’s Dumbest Criminal’: robbing a bank with surveillance cameras every-where, attempting to steal a police car, and many certainly at the top of that list would be skipping out on major casino gambling debts. Not smart, not smart at all.

That’s what one Toronto high-roller is finding out after failing to repay some $12.9 million in losses to two Las vegas, nevada casinos, dating all the real means back again to 2008. Authorities are now seeking him out to file costs in the case.

Not-Yet-Arrested Development

43-year-old Semion Kronenfeld is now called on a Clark County District Court arrest warrant, following a grand jury indicted him on 12 counts of felony theft, composing bad checks, and obtaining cash under false pretenses. This puts Kronenfeld in a unique kind of stupid category, since it’s certainly one of the biggest unpaid casino debt instances ever in Nevada, and if convicted, truly the only place this Canadian are going to be rolling dice are inside a state penitentiary, possibly for decades.

The Clark County indictment that has been handed down this week states that the high-roller failed to repay $7.9 million back in October of 2008 on IOUs made away to the Venetian casino on the Las Vegas Strip. Then, simply two weeks later, Kronenfeld allegedly pulled a similar number on the Stations Casino-owned Green Valley Ranch casino, located in Henderson, just outside of Las Vegas proper; he reportedly stiffed that property for $5 million.

In accordance with Nevada law, unrepaid casino IOUs are considered fraudulent checks. With a bounty that is prosecutorial of % for ‘processing and prosecution’ put on any pre-trial settlements for these cases, numerous such incidents are placed to bed without any charges being filed; obviously, which has not been the truth right here, though.

Around this writing, Kronenfeld continues to be AWOL, according to prosecutor Jake Merback, who players paradise free coins heads up Clark County’s bad check unit, and calls to Kronenfeld’s attorney in Las Vegas, Craig Mueller, were not returned.

Kronenfeld’s case went public back 2009, at which point the Canadian was listed in casino credit reports as having his or her own owning a home company, based in Ontario. Apparently he also holds A israeli passport and is known to have multiple spellings of his final name, sometimes spelling it ‘Cronenfeld.’

In Good Company with Other Big Losers

While enormous, Kronenfeld’s case is hardly the actual only real bad-debt that is large to hit Nevada’s gambling enterprises in recent years. One particular high-profile case included the former owner of chatchke-manufacturer Oriental Trading Co., Terrance ‘Terry’ Watanabe, who had been indicted in 2009 after it had been alleged he failed to pay back (then) Harrah’s Entertainment, Inc (now Caesars Entertainment) in the quantity of $14.75 million in IOUs. However, Watanabe counter-sued Harrah’s and a settlement for an amount that is undisclosed reached in July 2010.

And Watanabe is not the sole other gambler that is high-profile get caught without repaying their debts; notorious porn-purveyor Joe Francis of Girls Gone crazy fame was also the subject of a IOU dispute with Wynn Resorts Int’l to the tune of $2.5 million. And former NBA All-Star Antoine Walker whom pleaded responsible before his case came to trial received a 5 years’ probation sentence and had to fork over $770,000 in restitution.

Florida Faces Battle regarding the Bulging Wallets by Warring Casino Factions

It is a fight to the finish, with he who spends most having a good shot at winning, as casino and anti-casino factions face off in Florida (Image: istock)

Vegas Sands CEO Sheldon Adelson often lobbies for gambling enterprises and sometimes lobbies against them (as in his massive anti-online campaign for the past year); but whatever he does, he does it with gusto and a significant load of cash. So it should come as no shock that his company is one of several major casino operators backing 100 lobbyists (well-armed with every politician’s favorite type of homage: moolah) whose goal will be to place some pressure on Florida’s legislators regarding the Sunshine State’s stalled land gaming status.

Fighting for County Rights

Demonstrably, gambling outfits with something to gain are most enthusiastically behind this posse that is legislative funding; which puts Genting during the front side of this line; they’ve been trying to get into the Miami beachfront market by having a Resorts World Miami task for quite a while now without success. This could be the standoff of most standoffs: because very recently, top state lawmakers made it clear that the entire dilemma of gambling in Florida is low on their importance totem pole this year.

Nonetheless, cash talks and you realize what walks, so week that is last’s Senate Gaming Committee seat Garrett Richter promised to introduce a fresh bill permitting two resort casinos that could go up in Broward and Miami-Dade counties. Those two spots just happen to be precisely where both Adelson’s Sands and Genting have been hoping to secure casino sites by way of amazing coincidence. And more luck that is good Florida’s 60-day legislative session kicks off on March 4, therefore it is all just in the nick of the time. Yessirree, Bob, those homage gifts can function the Red Sea when delivered over lunch at a fancy tallahassee eatery, it would seem.

Richter who only a week before was decrying how impossible it was to coordinate each of Florida’s various and sundry video gaming factions is now saying that while the dilemmas at hand remain complex, he intends to obtain this casino plane ‘off the floor.’

He’ll have his work cut out him early Xmas presents for him, no matter how many lobbyists give. Florida’s compact with the Native American Seminole tribe gives that group rights that are exclusive popular and high-end (i.e., really profitable) table games like baccarat and blackjack. The 2010 compact did maybe not encompass craps or roulette, and requires the Seminoles to shell out $250 million a to florida through 2015 year. From then on, tribal leaders aren’t planning on backing down easily; Seminole Gaming CEO Jim Allen reportedly told scouts from Sands and Genting when they first started their push two years ago that ‘[it shows] a Seminole lady on there, that’s maybe not somebody from Las Vegas,’ referring to images regarding the Florida state flag.

And there’s yet more technical political waltzes going on in the Sunshine State, because former Governor Charlie Crist has decided he wants their old job right back, meaning he’d have to unseat current governor Rick Scott come November. Adelson, of course, has been proven to throw his weight via his bankroll around in a election or two, and with Scott because the Republican incumbent (Crist was also Republican back when he was governor, but has since switched to first being an Independent, and today a Democrat), Scott no question could use the Sands CEO’s support.

To the final end, Scott had a meeting with Adelson in Las Vegas right after using office in 2011, at which time he stated to maintain benefit of resort casinos in his state. Throwing even more fire onto this situation that is already incendiary the truth that the Seminole tribe donated an awesome half-million to Scott’s rebid campaign last 12 months: the largest single political donation designed for the entire year. Talk about being pulled in two directions.

Lines in the s that are sand(

Therefore the battle lines have already been drawn elsewhere, too: and in addition, entrenched Florida icon Walt Disney Co. has made their views loud and clear on their opposition to casino expansion in the state, and backed it up with $1.7 million spread among legislators over days gone by couple of years. Experts predict campaign efforts can get even more excessive, in order to match Adelson’s almost limitless political budget to bring lawmakers around. In fact, the COO of the operating supply behind the Mardi Gras Casino in Hallandale Beach says he expects all of it to turn into ‘ a food that is major’ before the election 12 months is over.

Of course, there is always a naysayer, and Senator Gwen Margolis (D-Miami) has created a bill to put an end to the lobbying some would say madness that is vote-buying. She would like to end the ‘sea of money [that] was sloshing into the campaign coffers’ and states only a statutory law against it’ll work. Deemed the Public Confidence in Gaming Act, she is wished by us the most truly effective of fortune in getting this thru. It probably appears of the same quality a potential for rendering it as absolutely absolutely nothing.