Nevada Open to Online Poker Collaboration with New Jersey
The current news out of Nevada is that the state is interested in expanding its online gambling offerings by creating shared gamer pools with New Jersey. Guv Brian Sandoval commented at a recent conference of the Nevada Gaming Policy Committee that he is interested in opening up the doors to a partnership with New Jersey, however there has actually been some hesitation on New Jersey s side to obtain the ball rolling.
Sandoval stated, I would like nothing much better than to have an arrangement with New Jersey, and it seems like there’s been a reluctance on the behalf of New Jersey to do that. He continued, I’ve always spoken that putting New Jersey and Nevada together is like putting the Yankees and the Dodgers on the very same team, and it would truly be a fantastic chance."
What’s Preventing the Partnership from Happening?
The very first issue in developing such a swimming pool of players is undoubtedly a technical one, including where the servers would be located and how the states would divide the earnings - but like all collaborations, if the two individuals take a seat at the table, an agreement might surely be reached.
But another issue is that Nevada has a lot on its plate - at the very same time that Sandoval has an interest in creating a partnership with New Jersey, he is likewise trying to broaden Nevada’s intrastate offerings. As of now, Nevada just offers online poker, rather than New Jersey and Delaware, which offer both online poker and online casino games. In reality, most of New Jersey’s and Delaware’s profits comes from casino video games, not poker. So that may be a problem that the Nevada Gaming Policy Committee takes on first, before it proceeds to interstate collaborations.
But, it's interesting to note that this option is on the table, and its primary advantage is its prospective to contribute to the coffers of both states.
Philippine Casino Rules Offer Clean Vacation for Dirty Money
In the primary gambling hall at the Solaire Resort & Casino here one recent afternoon, hundreds of casual gamblers attempted to win enough at the baccarat tables to pay for their weekend.
However, the genuine action happens upstairs, in a small but high-end part of the Philippines casino scene that is now drawing scrutiny from Filipino and foreign private investigators. There, significant junket operators from China and Macau bring visitors to 7 VIP spaces, decorated with paintings, and their ceilings studded with crystals. Croupiers wait in silence for gamers who might win or lose millions on a roll of the dice or the turn of a card.
These spaces, critics say, represent a loophole in efforts to stem the flow of ill-gotten money through the country.
The Philippine Amusement and Gaming Corp., or Pagcor, which is both the market regulatory authority and a casino operator, was successful in exempting casinos from new anti-money-laundering regulations when they were introduced in 2013. That means big amounts of untraceable cash can clean through without casino operators having to determine its source or report it to monetary regulators something which streamlines company at the casinos, but likewise opens the door to money launderers.
This loophole was exploited in February, Philippines investigators state, when millions of dollars taken from Bangladesh s reserve bank were used to buy huge volumes of chips used in high-stakes VIP junket spaces at Solaire and another Manila casino.
The legend started early this year when detectives discovered that hackers planted malware on computer systems at the central bank’s Dhaka headquarters and accessed an international funds-transfer system. On Feb. 5, someone instructed the New York Federal Reserve to withdraw $951 million from Bangladesh Bank’s account there, deal records show.
Some $81 million went to savings account in the Philippines and $20 million to Sri Lanka prior to the New York Fed stopped the payments, records reveal.
The money directed to Sri Lanka was obstructed and returned.
In the Philippines, efforts to trace the cash have actually been hindered because money was transferred to junkets operating in the casinos, according to testimony at Philippines Senate hearings on the theft.
It’s not tough to think of why those individuals picked Manila to clean their money, said Ben Lee, a gaming-industry analyst at Macau-based consultancy IGamiX.
In other jurisdictions, especially Macau, the world’s most significant gambling center by profits, anti-money-laundering legislation does use to casinos. Authorities in the southern Chinese territory recently stepped up enforcement of the laws there amidst a crackdown on corruption initiated by China s communist leaders.
We have to put more teeth in our laws so we might stop criminal elements from making use of the deficiencies in our existing laws, Emmanuel Dooc, a member of the Philippines Anti-Money Laundering Council, informed the Senate hearings. There are open holes in our law. We need to include gambling establishments as covered entities under the anti-money-laundering law, he said.
Casi-NO? Movements filed to block Taunton casino task
Middleboro lawyer Adam Bond wants to stop Taunton's First Light Resort & Casino job dead in its tracks.
"We're fast-tracking it," Bond stated, describing his legal game plan.
The one-time Middleboro selectman spoken two motions he submitted Friday with the United States District Court in Boston belong to his method to stop the Mashpee Wampanoag Indian tribe from progressing with a supposed $1 billion resort-gambling center off of Stevens Street in East Taunton.
His supreme objective is for the U.S. Supreme Court to reverse a 2015 decision by the Department of the Interior's Bureau of Indian Affairs to position 151 acres in Taunton into trust as federally owned, sovereign-nation, reservation land.
Another 170 acres in Mashpee were positioned into trust as part of that choice.
Friday's action, that includes a demand for a preliminary injunction, comes 3 months after a "complaint for declaratory and injunctive relief" was jointly entered upon behalf of 24 plaintiffs in District Court by Bond and Boston law office Nixon Peabody.
The Cape-based Mashpee Wampanoag broke ground in April at the Route 140 site with an elaborate interview followed by demolition of buildings formerly owned and utilized by B&D Construction Inc.
Bond said he's positive the First Circuit U.S. Court of Appeals will hear the case prior to completion of the year and accept a minimum of briefly stop the task by reversing the BIA's land-into-trust decision.
Bond spoken it's only reasonable to both pro- and anti-casino supporters that the building task not proceed any more pending a Supreme Court choice on the central issue, as to whether the people is legitimately entitled to having land placed into trust.
His legal challenge is based upon the so-called Carcieri decision of 2009.
In that case, the U.S. Supreme Court reversed the judgement of the First Circuit which let stand the Bureau of Indian Affairs decision to put 31 acres into trust for the Narragansett Indian people, which in 1991 purchased the land to house elderly tribal members.
The choice depended upon language of the 1934 Indian Reorganization Act specifying that the Secretary of the Interior can take land into trust just for those tribes "now under federal jurisdiction."
The Narragansett were federally recognized in 1983. It had not been up until 2007 that the Mashpee Wampanoag received the exact same federal recognition.
Bond on Saturday repeated his intention to "unravel" the land into trust decision.
Friday's filing was noted as Littlefield v. United States Department of the Interior, a reference to Michelle and David Littlefield, an East Taunton couple who have actually long been vocal in their opposition to the casino deal.
Bond said the time "is ripe for injunction," keeping in mind that the Mashpee Wampanoag have actually been moving at "breakneck speed" to a minimum of partly open the casino by the summer of 2017. In doing so, he contends, they have been "injuring" adjacent roadways in and out of the project website.