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March is Problem Gambling Awareness Month, and also the marketing drive has brought to light Plainridge Casino’s failure to protect those susceptible to gaming addiction in Massachusetts.
Problem Gambling Awareness urges concerned families to ‘have the conversation’ with those that might be prone to becoming addicted to gambling month.
‘Many grownups gamble or know some body who gambles, and, therefore, could benefit from programs to prevent gambling addiction,’ the nationwide Council on Problem Gambling (NCPG) website states. ‘We believe many who suffer in silence do this because they do not know why they developed a problem, what gambling addiction is or where to get help.’
The nationwide conversation held each March has made its solution to Massachusetts where one of the nation’s gambling venues that are newest has unsuccessful in instituting an appropriate firewall to problem gamblers.
The Plainridge Park Casino, the first gambling that is commercial in the state following the passage through of the Expanded Gaming Act, opened in June of 2015. Nonetheless, the slot parlor nevertheless hasn’t adopted a technique to curb gamblers that are dependent.
‘ What’s the working job of a casino? To make as money that is much possible. Establishing limits on gambling isn’t necessarily the priority that is highest,’ Lasell College Professor Paul DeBole told the Boston Globe this week.
Regulations Is the Law
When the Expanded Gambling Act was signed into law by then-Governor Deval Patrick (D), a key provision was that the Plainridge and three future resort-style gambling facilities would need to implement programs to combat problem gambling.
Before it launched its doors, Plainridge said it would incorporate a ‘play management’ system that would allow customers to set limitations on how much they wager, with the slots flashing warnings when those enrolled reach specific time or money ceilings.
Eight months into operation, the play management system continues to be just an idea. The Massachusetts Gaming Commission previously approved the scheme and said it would meet with the mandate’s needs.
‘Would we like faster implementation? Yes, but we think it’s using the amount of time necessary,’ Massachusetts Council on Compulsive Gambling Executive Director Marlene Warner said.
Challenges to the gaming system include making the enrollment and gameplay experience user-friendly whilst also making sure customers don’t feel embarrassed or publicly shamed.
Problem Gambling by the Numbers
Regulators in Massachusetts have plenty of explanation to be focused on the potential risks of legalizing commercial gaming in the Bay State. Based on an infographic released by the NCPG, problem gambling makes up $7 billion in the usa annually due to addiction, bankruptcy, and crime.
Of the estimated five million Americans who currently meet the requirements for gambling addiction, three in four have issues with alcohol, 38 per cent use or have used illegal drugs, and 20 % have actually tried or committed suicide.
It’s certainly the dark side to the commercialization that is producing new jobs and economic growth for local counties and income for hawaii. Massachusetts estimated during the 2011 bill passage that gambling would generate $300-500 million in new income tax income for state expenditures on an basis that is annual.
Plainridge was forecasted to bring in $300 million in gross profits in its opening year but is on speed to collect just over half of that figure at $162 million. The start that is slow disappointing numbers are added basis for casino bosses to simply take their time in setting limits on player bankrolls.
Virginia Day-to-day Fantasy Sports Get Licensed, But Steep Fees Separate Out Big Fish from Small Fry
Virginia Governor Terry McAuliffe, who signed their state’s dream sports bill into law this week. Not everyone is happy about the new certification situation, however. (Image: salon.com)
Virginia fantasy that is daily (DFS) have the proud honor of being the first ever to become licensed in America.
On Monday, the Old Dominion State became the first in the US to license DFS, as Governor Terry McAuliffe signed the Fantasy Contests Act into law.
While other states have legalized DFS, lately Kansas, Virginia will be the first to license its operators. This, said McAuliffe, will ‘empower Virginia to control this emerging industry and keep consumers safe from abuses.’
But numerous smaller DFS operators and season-long fantasy sports sites have criticized the $50,000 licensing enrollment charge. While $50,000 could be a chicken feed to major industry players DraftKings and FanDuel, it essentially prices the smaller brands out of industry.
Davids and Goliaths
Season-long fantasy sports sites have reported that the bill offers no differentiation between DFS as well as the season-long variety. Needs for clarification on whether or not the bill refers just to DFS or to all fantasy sports have perhaps not been answered by the governor’s office, leaving season-long operators uncertain whether they truly are now legally allowed to operate in the state.
‘It really puts us out of business in your state,’ stated David Gerczak, co-founder of season-long site myffpc.com, told The Virginia Pilot. ‘[The DFS sites] clearly have used season-long as cover. We feel we’re used.’
Gerczak has urged the state to replace the name regarding the bill to the ‘daily fantasy sports contest act.’
Elsewhere, the passage for the bill ended up being praised, particularly by the brass that is top of.
‘ We thank Governor McAuliffe for his leadership and advocacy and are also hopeful that other states across the nation will follow Virginia’s lead,’ stated Griffin Finan, director of general public affairs for DraftKings.
But the tone was markedly different at a hearing in Nevada that met to talk about prospective regulation, as reported by the Las Vegas Review-Journal this week.
There, representatives of Draft Kings and FanDuel told Governor Brian Sandoval’s Gaming Policy Committee that regulation could harm the industry and restrict innovation of its technology.
Nigel Eccles, CEO of FanDuel, argued that DFS really should not be regulated in the same method that hawaii governs sports books, while warning that a mishmash of disparate state-by-state regulation across America could harm the industry’s credibility.
In October of this past year, the Nevada Gaming Control Board ruled that DFS constituted gambling under the state’s gaming law. That suggested that sites offering the competitions to state residents were providing gambling that is unlicensed. The Board ordered them to cease and desist or face charges that are criminal. DraftKings and FanDuel promptly exited, as required.
North Jersey gambling enterprises Could Be Taxed 40 to 60 %, State Lawmaker Says
Nj-new jersey State Assemblyman Ralph Caputo is leading the fee to amend their state’s constitution and bring in North Jersey casinos by having a hefty tax price. (Image: assemblydems.com)
Two North Jersey casino licenses could soon be given, but the gambling operators in receipt that are prepared to touch into the region’s nearly 3.5 million residents and New York City’s 8.5 million inhabitants across the Hudson might also faint when they receive their tax bill.
During a unique public hearing on Monday, State Assemblyman Ralph Caputo (D-District 28) responded to the concern of potential taxation rates that casinos in the northern counties might face by revealing, ‘As a guess, it might be 40 to 60 percent,’ he said.
That is a far cry from the 9.25 percent rate casinos now spend in Atlantic City.
New Jersey lawmakers are looking at an amendment to the state’s constitution that could allow two gambling facilities become integrated North Jersey. Should it pass, it would end the longstanding gambling monopoly held by Atlantic City since 1976.
Competition from neighboring states has created a financial disaster in the former gambling mecca regarding the East Coast, and lawmakers in Trenton are scrambling to find brand new ways to recoup the tax revenue that is dissipating.
Icahn Can’t Believe It
The topic of gambling expansion will always have its opponents, but in the Garden State, there’s a rather powerful mole. As Casino.org reported week that is last billionaire Carl Icahn delivered a $100 million ultimatum by saying he’dn’t spend those funds in his Atlantic City Trump Taj Mahal resort should North Jersey gambling enterprises be authorized.
Yesterday, lots of the 17 backers of the state constitutional amendment responded.
‘This is a game-changing proposal. We’d modernize our gaming industry and offer relief that is significant seniors and disabled residents,’ Caputo declared.
‘For circumstances sorely in need of new profits for vital needs such as programs and property tax relief for senior citizens and disabled residents, this can be a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposal would help bring a brighter economic future for our state.’
After being approved by the state’s Assembly Judiciary Committee, the resolution now moves to your floor in the state capital, where it will be needing three-fifths approval within the Assembly and Senate. If the chambers pass the motion to improve the state constitution, voters would have the say that is final would require a majority approval.
Taxing North Jersey casinos at levels as sky high as 60 percent on net winnings might thin the field that is bidding. But, a scan around nearby locales that are gambling such exuberant rates aren’t exactly away from the normal for neighboring states, at least.
Connecticut, for example, is a fairly included 18 percent, and Delaware a bit higher at 29.4 per cent for table games, at the least. But the cake is taken by then New York with a 60 to 69 % take on profits, and Pennsylvania isn’t much better with a 55 percent price.
Nevada, and in addition, wins hands down with a modest 6.75 percent income tax rate, although the number that is sheer of in the Silver State obviously make that number more bodacious than it might appear.
Too Much of a thing that is good
While 40-60 percent appears to fall adequately in line, specially thinking about the market in concern, nj-new Jersey State Senate President Stephen Sweeney (D-District 3) said he finds the rate excessive.
Atlantic City Assemblyman Chris Brown (R-District 2) also questioned exactly how introducing wheresthegoldslots.com new casinos to an already oversaturated market would assist the constituents he represents.
‘Is it going to pave the roads to make certain that individuals who are unemployed can get free from city?’ Brown asked.
Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal
Florida Governor Rick Scott, whose make an effort to hit a groundbreaking deal with the Seminole tribe has foundered and finally passed away into the legislature. (Image: addictinginfo.org)
Florida lawmakers have shot down a proposal to allow the Seminole tribe to provide craps and roulette at their casinos.
The deal had been the result of months of negotiations involving the Seminoles and Florida’s Governor Rick Scott, and would have been worth $3 billion to their state over seven years, which makes it the biggest revenue-sharing that is tribal in the united states.
The Seminoles would have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots under the proposal.
The bill, which had support in the State House (with amendments) had completely stalled within the Senate as of final week. It was ultimately pronounced dead when backers conceded it would be impractical to make any headway before the March 11 due date.
‘Going into today we knew full well that the gaming bills were on life help,’ said State Representative Jose Felix Diaz Dist. that is(R-116th) among the bill’s architects. ‘The House was longing for a miracle, but by the close of the we saw one was not coming and had no option but to pull the plug. day’
The deal had were a major breakthrough in the governmental standoff between Scott and also the Seminoles when it was announced last December.
The compact that is original the tribe and Florida was formed in 2010, giving the Seminoles exclusivity on blackjack into the state in return for $1 billion, spread over five years.
This agreement additionally gave the Seminoles a stranglehold on the slots market by prohibiting the expansion of slots gambling beyond that which already existed at a small number of pari-mutuel racetracks.
The compact expired on August 1 of final year, opening the field for negotiations. Within the interim, despite the expiration of the agreement, the Seminoles proceeded to offer blackjack at their seven properties in the state, in defiance of a deferral lawsuit filed by Florida, which sought to order the games closed down.
Exactly What Now?
Now that the compact that is new failed, it’s most likely that the matter will have become settled in the courts. It’s also likely to disrupt the Seminoles commitment to Florida that is providing with of the latest jobs through a $1.8 billion expansion of its gambling enterprises at Tampa and Hollywood.
The bill’s passage through the legislature ended up being ultimately impeded by persistent needs for amendments through the state’s disparate gambling lobbyists, notably their state’s race tracks.
‘ Every time you put a gaming bill up in the Florida Legislature it’s like throwing a relative side of beef into a shark tank,’ said one lawmaker.