Problem Gambling Awareness Highlights Plainridge Park Casino’s Safeguard Failures month

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Problem Gambling Awareness Highlights Plainridge Park Casino’s Safeguard Failures month

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 Month urges concerned families to ‘have the conversation’ with those that might be at risk of becoming hooked on gambling.

‘Many grownups gamble or know some body who gambles, and, therefore, could take advantage of programs to prevent gambling addiction,’ the National Council on Problem Gambling (NCPG) website states. ‘We believe many whom suffer in silence achieve this they developed a problem, what gambling addiction is or where to obtain help. simply because they don’t know why’

The national conversation held each March has made its option to Massachusetts where one regarding the nation’s newest gambling venues 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 passing of the Expanded Gaming Act, opened in June of 2015. Nevertheless, the slot parlor nevertheless hasn’t adopted a method to curb gamblers that are dependent.

‘ What’s the job of a casino? To make as money that is much possible. Setting limits on gambling simply the highest priority,’ Lasell College Professor Paul DeBole told the Boston world this week.

What the law states May Be the Legislation

When the Expanded Gambling Act had been signed into legislation 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 fight problem gambling.

Before it opened its doors, Plainridge said it would incorporate a ‘play management’ system that would allow customers setting restrictions on how much they wager, with the slots flashing warnings when those enrolled reach certain time or money ceilings.

Eight months into operation, the play management system is still simply a notion. The Massachusetts Gaming Commission previously approved the scheme and stated it would meet the mandate’s requirements.

‘Would we like faster implementation? Yes, but we think it’s using the timeframe necessary,’ Massachusetts Council on Compulsive Gambling Executive Director Marlene Warner said.

Challenges towards the gaming system include making the enrollment and gameplay experience user-friendly while also making sure customers don’t feel embarrassed or publicly shamed.

Problem Gambling by the Numbers

Regulators in Massachusetts have actually plenty of explanation to be worried about the potential risks of legalizing gaming that is commercial the Bay State. In accordance with an infographic released by the NCPG, problem gambling accounts for $7 billion in america yearly due to addiction, bankruptcy, and criminal activity.

Of the estimated five million Americans who currently meet the criteria for gambling addiction, three in four have issues with alcohol, 38 % use or have used drugs that are illegal and 20 per cent have 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 through the 2011 bill passage that gambling would generate $300-500 million in brand new taxation income for state expenditures for an basis that is annual.

Plainridge had been forecasted to bring in $300 million in gross revenues in its opening but is on pace to collect just over half of that figure at $162 million year. The slow start and disappointing numbers are added reason behind casino bosses to take their time in setting limits on player bankrolls.

Virginia Frequent Fantasy Sports Get Licensed, But Steep Fees Separate Out Big Fish from Small Fry

Virginia Governor Terry McAuliffe, who signed their state’s fantasy activities bill into law this week. Not everyone is delighted about the new licensing situation, though. (Image:

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 initial in the US to license DFS, as Governor Terry McAuliffe signed the Fantasy Contests Act into legislation.

While other states have legalized DFS, most recently Kansas, Virginia could be the first to license its operators. This, said McAuliffe, will ’empower Virginia to manage this emerging industry and keep consumers safe from abuses.’

But numerous smaller DFS operators and season-long dream sports sites have actually criticized the $50,000 licensing registration cost. While $50,000 can 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 actually reported that the bill provides no differentiation between DFS and the season-long variety. Requests for clarification on whether or not the bill refers just to DFS or to all fantasy sports have maybe 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,’ said David Gerczak, co-founder of season-long site, told The Virginia Pilot. ‘[The DFS sites] clearly have utilized season-long as cover. We feel we’re getting used.’

Gerczak has urged the state to replace the title regarding the bill to the ‘daily fantasy sports competition work.’

Elsewhere, the passage for the bill had been praised, notably by the top metal of DraftKings.

‘ We thank Governor McAuliffe for his leadership and advocacy and tend to be hopeful that other states across the country will follow Virginia’s lead,’ stated Griffin Finan, director of public affairs for DraftKings.

Nevada Hearing

But the tone was markedly different at a hearing in Nevada that met to go over possible 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 way that is same hawaii governs sports books, while warning that a mishmash of disparate state-by-state regulation across America could damage 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 meant that sites offering the competitions to state residents were providing unlicensed gambling. The Board ordered them to stop and desist or face charges that are criminal. DraftKings and FanDuel promptly exited, as requested.

North Jersey gambling enterprises might Be Taxed 40 to 60 per cent, State Lawmaker Says

New Jersey State Assemblyman Ralph Caputo is leading the charge to amend their state’s constitution and bring in North Jersey casinos with a tax rate that is hefty. (Image:

Two North Jersey casino licenses could soon be given, nevertheless the gambling operators in receipt that are ready to touch to the region’s nearly 3.5 million residents and ny City’s 8.5 million inhabitants across the Hudson might faint when they additionally receive their tax bill.

During a particular general public hearing on Monday, State Assemblyman Ralph Caputo (D-District 28) responded to the question of potential income tax prices that casinos in the northern counties might face by revealing, ‘As a guess, it will be 40 to 60 percent,’ he stated.

That’s a far cry from the 9.25 percent rate gambling enterprises now spend in Atlantic City.

New Jersey lawmakers are looking at an amendment towards the state’s constitution that could allow two gambling facilities become built in North Jersey. Should it pass, it would end the gambling that is longstanding held by Atlantic City since 1976.

Competition from neighboring states has generated a financial disaster in the former gambling mecca associated with the East Coast, and lawmakers in Trenton are scrambling to find brand new means 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 is a rather effective mole. As 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 casinos be authorized.

Yesterday, lots of the 17 backers of their state constitutional amendment responded.

‘This is a game-changing proposal. We’d modernize our gaming industry and offer significant relief for older persons 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 residents that are disabled this is a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposal would help bring a brighter future that is economic our state.’

The resolution now moves to the floor in the state capital, where it will need three-fifths approval in the Assembly and Senate after being approved by the state’s Assembly Judiciary Committee. Should the chambers pass the motion to improve the state constitution, voters would have the say that is final would require a majority approval.

Taxing Rates

Taxing North Jersey casinos at levels as sky high as 60 % on net winnings might thin the field that is bidding. Nevertheless, a scan around nearby locales that are gambling such exuberant prices aren’t exactly out of the ordinary for neighboring states, at least.

Connecticut, for example, is a fairly contained 18 percent, and Delaware a bit higher at 29.4 % for table games, at the least. But then New York takes the cake with a 60 to 69 % take on profits, and Pennsylvania isn’t much better with a 55 percent price.

Nevada, unsurprisingly, 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 quantity more bodacious than it might appear.

Too Much of a thing that is good

While 40-60 percent appears to fall adequately in line, particularly taking into consideration the market in question, nj-new Jersey State Senate President Stephen Sweeney (D-District 3) stated he finds the price excessive.

Atlantic City Assemblyman Chris Brown (R-District 2) also questioned exactly how introducing new casinos to a market that is already oversaturated help the constituents he represents.

‘Is it gonna pave the roads to make certain that those who are unemployed can escape city?’ Brown asked.

Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal

Florida Governor Rick Scott, whose make an effort to strike a groundbreaking deal because of the Seminole tribe has foundered and finally passed away in the legislature. (Image:

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 effect of months of negotiations involving the Seminoles and Florida’s Governor Rick Scott, and could have been worth $3 billion to hawaii over seven years, making it the biggest tribal revenue-sharing contract in the US.

Underneath the proposition, the Seminoles could have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots.

The bill, which had support in the State House (with amendments) had completely stalled into the Senate as of final week. It absolutely was ultimately pronounced dead whenever backers conceded it might be impractical to make any headway before the March 11 deadline.

‘Going into today we knew full well that the gaming bills had been on life help,’ said State Representative Jose Felix Diaz Dist. that is(R-116th) one of many bill’s architects. ‘The House had been longing for a miracle, but by the close of the day we saw one had been not coming and had no option but to pull the plug.’

Blackjack Standoff

The offer had looked like a breakthrough that is major the political standoff between Scott while the Seminoles with regards to was announced last December.

The initial compact between the tribe and Florida was formed this year, giving the Seminoles exclusivity on blackjack into the state in substitution for $1 billion, spread over five years.

This contract additionally gave the Seminoles a stranglehold on the slots market by prohibiting the expansion of slots gambling beyond that which already existed at a handful of pari-mutuel racetracks.

The compact expired on August 1 of final year, opening the industry for negotiations. Within the interim, despite the expiration of the agreement, the Seminoles proceeded to supply blackjack at their seven properties in the state, in defiance of the deferral lawsuit filed by Florida, which sought to order the games closed down.

Exactly What Now?

Now that the new compact has failed, it’s likely that the matter has become settled in the courts. It’s also likely to disrupt the Seminoles commitment to Florida that is providing with of new 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 fundamentally impeded by persistent requests for amendments from the state’s disparate gambling lobbyists, notably the state’s race tracks.

‘ Every time you put a gaming bill up in the Florida Legislature it’s like throwing a relative part of beef into a shark tank,’ stated one lawmaker.