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.
‘Most adults gamble or know some one who gambles, and, therefore, could take advantage of programs to avoid gambling addiction,’ the National Council on Problem Gambling (NCPG) website states. ‘We believe many whom suffer in silence achieve this since they have no idea why they developed an issue, what gambling addiction is or where to get help.’
The nationwide conversation held each March has made its method to Massachusetts where one for the nation’s gambling venues that are newest has failed in instituting an appropriate firewall to problem gamblers.
The Plainridge Park Casino, the first commercial gambling destination in the state following the passage through of the Expanded Gaming Act, opened in June of 2015. Nevertheless, the slot parlor still hasn’t used a method to curb reliant gamblers.
‘ What’s the job of a casino? To make as money that is much possible. Establishing limits on gambling isn’t just the highest priority,’ Lasell College Professor Paul DeBole told the Boston Globe this week.
The Law Is the Legislation
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 have to implement programs to fight problem gambling.
It would incorporate a ‘play management’ system that would allow customers to set limits on how much they wager, with the slot machines flashing warnings when those enrolled reach certain time or money ceilings before it opened its doors, Plainridge said.
Eight months into procedure, the play administration program continues king of the nile ii free slots to be simply a concept. The Massachusetts Gaming Commission previously approved the scheme and said it would meet with the mandate’s demands.
‘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 to the gaming system include making the enrollment and gameplay experience while that is user-friendly making sure customers don’t feel embarrassed or publicly shamed.
Problem Gambling by the Numbers
Regulators in Massachusetts have actually plenty of reason to be focused on the potential risks of legalizing gaming that is commercial the Bay State. According to an infographic released by the NCPG, problem gambling makes up $7 billion in the usa annually due to addiction, bankruptcy, and criminal activity.
Of the estimated five million Americans who currently meet the requirements for gambling addiction, three in four have issues with alcohol, 38 % use or have used unlawful drugs, and 20 % have tried or committed committing suicide.
It’s certainly the dark side to the commercialization that is creating new jobs and economic growth for local counties and revenue for their state. Massachusetts estimated through the 2011 bill passage that gambling would generate $300-500 million in new taxation income for state expenditures for an annual foundation.
Plainridge had been forecasted to bring in $300 million in gross revenues in its opening year but is on pace 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 Daily Fantasy Sports Get Licensed, But Steep Fees Separate Out Big Fish from Small Fry
Virginia Governor Terry McAuliffe, whom signed hawaii’s dream sports bill into law this week. Not everyone is happy about the new certification situation, however. (Image: salon.com)
Virginia daily fantasy sports (DFS) have the proud honor of being the first to ever 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 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 may 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 also 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, making operators that are season-long whether these are typically now legally allowed to work in hawaii.
‘It really puts us out of business in your state,’ said David Gerczak, co-founder of season-long site myffpc.com, told The Virginia Pilot. ‘[The DFS sites] clearly have utilized season-long as cover. We feel we’re being used.’
Gerczak has urged the state to replace the title of this bill towards the ‘daily fantasy sports competition act.’
Elsewhere, the passage of this bill was praised, particularly by the top metal of DraftKings.
‘ We thank Governor McAuliffe for his leadership and advocacy and so are hopeful that other states across the nation will follow Virginia’s lead,’ stated Griffin Finan, director of public affairs for DraftKings.
However the tone was markedly different at a hearing in Nevada that came across to talk about regulation that is potential as reported by the 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 limit innovation of its technology.
Nigel Eccles, CEO of FanDuel, argued that DFS shouldn’t be regulated in the same method that hawaii governs sports books, while warning that the mishmash of disparate state-by-state regulation across America could damage the industry’s credibility.
In October of last year, the Nevada Gaming Control Board ruled that DFS constituted gambling under the state’s gaming legislation. That suggested that sites offering the competitions to mention 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 requested.
North Jersey gambling enterprises Could Be Taxed 40 to 60 Percent, State Lawmaker Says
Nj State Assemblyman Ralph Caputo is leading the fee to amend hawaii’s constitution and bring in North Jersey casinos having a hefty tax rate. (Image: assemblydems.com)
Two North Jersey casino licenses could soon be issued, nevertheless the gambling operators in receipt that are quite ready to touch in to the region’s nearly 3.5 million residents and New York City’s 8.5 million inhabitants over the Hudson might also faint when they receive their goverment tax bill.
During a special hearing that is public Monday, State Assemblyman Ralph Caputo (D-District 28) reacted to the question of possible income tax rates that casinos in the northern counties might face by revealing, ‘As a guess, it would be 40 to 60 percent,’ he stated.
That is a cry that is far the 9.25 percent rate gambling enterprises now spend in Atlantic City.
New Jersey lawmakers are thinking about an amendment towards the state’s constitution that could allow two gambling facilities to be integrated North Jersey. Should it pass, it would end the gambling that is longstanding held by Atlantic City since 1976.
Competition from neighboring states has established a financial catastrophe in the former gambling mecca regarding the East Coast, and lawmakers in Trenton are scrambling to get brand new methods to recoup the dissipating taxation revenue.
Icahn Can’t Believe It
The main topic of gambling expansion will always have its opponents, but in the Garden State, there is a rather powerful mole. As Casino.org reported week that is last billionaire Carl Icahn delivered a $100 million ultimatum by saying he wouldn’t spend those funds in his Atlantic City Trump Taj Mahal resort should North Jersey gambling enterprises be authorized.
Yesterday, many of the 17 backers of the state constitutional amendment responded.
‘This is a game-changing proposal. We would modernize our gaming industry and offer significant relief for older persons and disabled residents,’ Caputo declared.
‘For a state sorely looking for new revenues for vital needs such as programs and property income tax relief for senior residents and residents that are disabled this is usually a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposal would help bring a brighter economic future for 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. If the chambers pass the motion to change the state constitution, voters would have the final say and would require a majority approval.
Taxing North Jersey casinos at levels as sky high as 60 percent on net winnings might thin the bidding industry considerably. Nonetheless, a scan around nearby gambling locales shows such exuberant prices aren’t exactly away from the standard for neighboring states, at least.
Connecticut, for example, is a fairly contained 18 percent, and Delaware a bit higher at 29.4 percent for table games, at the least. But the cake is taken by then New York with a 60 to 69 percent take on profits, and Pennsylvania isn’t much better with a 55 percent price.
Nevada, not surprisingly, wins hands down with a modest 6.75 percent income tax rate, although the sheer quantity of gambling enterprises in the Silver State obviously make that number more bodacious than it could appear.
Too Much of a thing that is good
While 40-60 percent appears to fall adequately in line, especially taking into consideration the market in concern, New Jersey State Senate President Stephen Sweeney (D-District 3) stated the rate is found by him excessive.
Atlantic City Assemblyman Chris Brown (R-District 2) also questioned exactly how introducing new casinos to an already oversaturated market would assist the constituents he represents.
‘Is it planning to pave the roads making sure that people who are unemployed can get out of town?’ Brown asked.
Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal
Florida Governor Rick Scott, whose attempt to hit a groundbreaking deal with the Seminole tribe has foundered and finally passed away in the legislature. (Image: addictinginfo.org)
Florida lawmakers have shot down a proposal to allow the Seminole tribe to offer craps and roulette at their casinos.
The deal had been the end result of months of negotiations involving the Seminoles and Florida’s Governor Rick Scott, and could have been worth $3 billion to their state over seven years, which makes it the biggest tribal revenue-sharing contract in the usa.
Beneath the proposal, the Seminoles would have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots.
Week the bill, which had support in the State House (with amendments) had completely stalled in the Senate as of last. It had been ultimately pronounced dead whenever backers conceded it would be impossible to make any headway before the March 11 deadline.
‘Going into today we knew full well that the gaming bills were on life help,’ said State Representative Jose Felix Diaz (R-116th Dist.), one of many bill’s architects. ‘The House was hoping for magic, but by the close of the we saw one was not coming and had no option but to pull the plug. time’
The offer had appeared to be a breakthrough that is major the political standoff between Scott as well as the Seminoles with regards to was announced last December.
The compact that is original the tribe and Florida was formed this season, giving the Seminoles exclusivity on blackjack in the state in substitution 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 1 of last year, opening the field for negotiations august. In the interim, despite the expiration of the agreement, the Seminoles continued to provide 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.
Now that the new compact has failed, it’s most likely that the matter may have become settled in the courts. It is also likely to disrupt the Seminoles commitment to providing Florida with thousands of the latest jobs through a $1.8 billion expansion of its casinos at Tampa and Hollywood.
The bill’s passage through the legislature was finally impeded by persistent demands for amendments from the state’s disparate gambling lobbyists, notably the state’s race tracks.
‘ Every time you put a video gaming bill up in the Florida Legislature it is like throwing a side of beef into a shark tank,’ stated one lawmaker.