Lindsey Graham for President? The online gambling opponent has created a committee that will gauge whether a 2016 GOP run that is presidential be viable.
Lindsey Graham, the Republican Senator free slot play titanic for South Carolina, who, along with Representative Jason Chaffetz (R-Utah), is co-sponsor of Restoration of America’s Wire Act (RAWA), is weighing the opportunities for a 2016 run during the presidency.
Graham this week established a committee known as ‘Security Through Strength’ that will explore whether a bid for the GOP nomination that is presidential viable.
‘What I’m looking at is, is here a pathway ahead on the floor in Iowa and New Hampshire for a man like me? I do not know until We look,’ said Graham.
Graham’s RAWA bill, if passed, would effectively ban all kinds of online gambling at a federal degree, apart from horse racing gambling and fantasy sports. No exemptions will be made for the states that have legalized and controlled Internet gaming within their borders, making its passage seem like a shot that is long best.
And Graham just isn’t the only opponent of online gambling with his eyes regarding the candidacy. Previous nyc Governor George Pataki, co-chair of Sheldon Adelson’s Coalition to quit Internet Gambling, announced earlier in the day this that he is ‘seriously considering’ a run month.
Backed by Adelson
Both males may be emboldened by the chance for backing and campaign efforts from Adelson, who may have donated over $100 million to Republican causes over the years.
Last year, the LVS chairman and his spouse Miriam Ochsorn donated $15 million to your pro-Gingrich action that is political ‘Winning Our Future,’ while Mitt Romney was the recipient (to no avail, of course) of Adelson’s help in 2012, to your tune of $30 million. Romney has stated he will not seek a 2016 presidential campaign spot this round that is go.
Graham, meanwhile, had shown interest that is little the online gambling question until 2013, when Adelson and Ochsorn cut $15,600 in checks for his campaign for reelection to Congress. Graham normally known to have attended a fundraising party at Adelson’s household.
Meanwhile, a study from townhall.com suggests Adelson recently met with a combined band of Republican lawmakers on Capitol Hill to renew his efforts to have online gambling prohibited in america. The personal briefing with members of the home Judiciary Committee, which includes Chaffetz, was described by sources as both a strategy conference and an update.
RAWA on the Rise
Only at that week’s confirmation hearing for Loretta Lynch, Graham quizzed the Attorney General candidate on her emotions toward on line gambling, and in specific the DoJ’s 2011 legal viewpoint on the Wire Act, which effortlessly opened the door for state-by-state regulation. Lynch nicely sidestepped issue.
Both Graham and Chaffetz have returned to the latest session of Congress with increased political money than they held a year ago. Graham is now a known member of the Republican majority and Chaffetz was recently made chairman of the Government Oversight and Reform Committee.
Graham is a foreign policy hawk who matters Senator John McCain as you of their closest allies. Announcing his intention to run, he cited the battle against Islamic extremism as his top concern.
He joins a list of more than 15 Republicans who’re considering running for president, including a third bush dynasty possibility in former Florida governor, Jeb Bush. Meanwhile, New Jersey Governor Chris Christie, under whose administration online gambling has been legalized into the Garden State, has also been linked with a push for the GOP candidacy.
Paul Phua has Sports Betting Conviction in Malaysia
Paul Phua had been arrested in Malaysia for his role in a soccer ring that is betting in 2004, claims the country’s press. Meanwhile, he awaits trial in the US having been arrested at Caesars Palace in June. (image: cardplayer.com)
Paul Phua, the high-stakes poker player who’s standing test in the US accused of masterminding a World Cup betting operation from Caesars Palace, has a conviction in Malaysia for the exact same offense, it has emerged.
Malaysian media reported this week that Phua had been arrested in 2004 for his participation in a betting ring centered in the European Champion soccer competition of that year.
In line with the Malaysiakini magazine, Phua received a sizable fine and left the national country for Vietnam fleetingly afterward, allegedly to escape those have been owed money after the operation was busted.
He ended up being barred from entering Malaysia, where on line gambling ended up being strictly prohibited through the soccer World Cup in 2008.
The Phua instance has received large amount of publicity in Malaysia, due primarily to the actions of country’s Home Affairs Minister, Ahmad Zahid Hamidi.
In December Zahid wrote to Deputy Director of the FBI Mark Giuliano to refute allegations that Phua was a person in the 14K Triads, despite the FBI having been informed of his connections to the notorious organized criminal activity team by Malaysian police in 2008.
In the letter, which had been later submitted as being a court document by Phua’s defense team, Zahid stated that Phua had, in the past, assisted the Government of Malaysia on ‘projects impacting our security that is national, and as such the government was ‘eager for him to return to Malaysia.’
However, the letter ended up being considered to be a serious breach of protocol and the federal government asked that it is withdrawn from court public records.
Phua ended up being arrested with eight others, including their son Darren and fellow high-stakes player Richard Wong, in June after an FBI procedure on three of Caesars’ luxury villas unearthed the thing that was described as ‘an illegal wire room,’ the hub of a multi-million-dollar online World Cup betting operation.
Investigators switched off internet access to the rooms and posed as technical repairmen in order to gain use of the villas and evidence that is gather.
The protection team has asked that this evidence is struck from the record it was obtained illegally and without a search warrant, and thus violates the defendants’ Fourth Amendment rights as they believe.
Macau Bribe Allegation
Five of Phua’s associates plead guilty and had been sentenced to probation that is unsupervised fines, while Paul and Darren Phua keep their innocence.
Just weeks before they were arrested in Vegas Phua was one of 22 people arrested in Macau in just what authorities there called the biggest unlawful sports bust that is betting record.
Prosecutors in the US believe that Phua bribed police that is local order to secure their launch, allowing him to fly to Las Vegas to keep operations since the 2014 World Cup, the largest sports wagering event ever sold, gathered momentum.
The trial happens to be delayed while the judge assesses whether evidence collected throughout the FBI’s covert surveillance operation is admissible in court.
Las Vegas Sands Corp Reports Record Income
The cat that got the cream: Sheldon Adelson’s LVS reports record revenues regardless of the economic lull in Macau. (Image: telegraph.co.uk)
Las Vegas Sands Corp (LVS) reported accurate documentation of net revenue this week year.
Despite dropping profits in Macau since the region faces an intense tightening of financial controls from mainland China; and despite a suspected Iranian cyber-attack in February that did untold financial harm to the company’s systems; and despite unsteady share rates in the second section of the year, Sheldon Adelson’s casino giant is rude health.
LVS reported that its revenue that is net increased 6 percent on final 12 months to unprecedented high of $14.58 billion.
Contrast this with Caesars Entertainment, which has lost money each year since 2009, while struggling to repay the interest on its industry-high $20 billion-plus debt, because it tries to put its primary running unit it into Chapter 11 bankruptcy.
Macau ‘Still Wonderful’
Unlike LVS, Caesars didn’t purchase Macau whenever the region launched it self up to operators that are foreign and also this is where the earnings are coming from, despite the softening of the region’s video gaming market.
‘ The brand new Macau is a little different than the old Macau, but nevertheless a wonderful Macau,’ Robert Goldstein, Las Vegas Sands president and COO told CNBC. ‘We believe very much in this market.’
However, LVS’s Q4 revenues had been much lower, 12 months on year, due mostly to Macau poorer performance into the second part of the year. LVS, that has four casinos in Macau, said the Sands China company reported a 16 percent decline in net revenue to $2.12 billion, and the Venetian Macao saw net revenue tumble by 23 per cent to $880.3 million, but this was offset by reduced operating costs, the business said.
Turnover from Macau nevertheless dwarfs the revenue of LVS Vegas’ properties, but, which took a combined 362 million in Q4. Total operating expenses across all properties were down 14 % to $2.39 billion.
‘The prudent handling of our cashflow, including the capacity to increase the return of capital to shareholders while maintaining a balance that is strong and sufficient liquidity to buy future growth possibilities, remains a cornerstone of our strategy,’ stated Adelson. ‘We remain focused on the consistent execution of our global growth strategy, which leverages the power of our unique convention-based built-in Resort business model.’
This comes as Adelson seeks to redouble his efforts to stamp out online gaming in america. Sources say that Adelson recently came across with Republican users of the home Judiciary Committee in order to discuss pushing the problem through during the new session that is legislative.
Adelson has vowed to spend ‘whatever it takes’ to rid the globe of online gaming.