U.S. Virgin Islands Can Offer Online Gambling

U.S. Virgin Islands Can Offer Online Gambling

The U.S. Virgin Islands may soon be able to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)

Many Americans know the U.S. Virgin isles for summer and beaches that are beautiful they can check out without needing to get yourself a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a property for on the web gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an impression to other Virgin isles officials, stating that the 2001 V.I. legislation that allowed for online gambling companies to run in the country would not clash with any federal laws in the usa, and therefore the law could finally be used to let the territory to host Internet gambling companies. Until now, the territory had held off on actually permitting any online video gaming to go forward, because of warnings issued from the federal government.

However, as is usually the case in these circumstances, things aren’t quite that clear cut. Regulations only allows for two companies to operate as ‘master service providers’ into the territory, shutting out every other operators that are potential. And at least one of those companies claims which they’ve lost a majority of their investors in the 12 years because the legislation has passed away, due to the uncertainty around whether or not they’d ever be able to provide online video gaming to players.

Major Economic Influence

If the two businesses were allowed to get forward with providing online gaming worldwide now, it could have huge impact in the territory. According to Nick Pourzal of USVI Host one associated with two companies that could offer Internet gaming underneath the present legislation he estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both companies were operating at full capacity.

Frazer’s opinion ended up beingn’t entirely positive, however. Over six pages, the Attorney General provided many cautionary notes, such as the proven fact that the Justice Department has changed its mind several times on exactly what states had been permitted to do, and that legislation at the federal degree could nevertheless change the game, because happened when Congress passed the illegal Internet Gambling and Enforcement Act (UIGEA) in 2006.

‘I opine that the Virgin Islands online Gaming and Gambling Act is appropriate on its face,’ Frazer penned. ‘ However, caution should end up being the rule because the pitfalls are in the implementation of the law.’

Frazer also showed concern over just how far his viewpoint should really be taken, and how much would be allowed under federal legislation.

‘There is concern whether the employment of the V.I.’s Internet gaming and gambling platform works extremely well by individuals outside of the Virgin Islands and not run afoul of the federal law.’

Nevertheless, the Casino Control Commission of this Virgin Islands has hailed the opinion as a significant action towards turning the territory into a gaming hub that is online. In line with the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently taking care of agreements with states such as New Jersey that have approved on line gambling, both to form strategic partnerships and to greatly help regulate off-island play on their sites.

The Virgin Islands Legislature might have something to say about just how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 work in an effort to allow more companies to really have the opportunity to compete for licenses. According to Rivera-O’Reilly, a lot of the principals within the two companies designated as master service providers were federal government insiders the legislation’s passage, and she plans to introduce an amendment to start up the licensing process to competitive putting in a bid.

‘We must learn from our errors making yes we do this properly, so that no one can come in here and try to stop us,’ Rivera-O’Reilly said.

New York Gambling Legislation to Expand Casinos Gets Voter Thumbs Up

Voters in New York State have approved gambling legislation that enables for major casino expansion (Image supply: NYDailyNews)

Exactly What a week it’s been for the land casino business straight back east, both bad and the good.

On Tuesday, voters in New York comfortably authorized an amendment that is constitutional will significantly expand the brick-and-mortar casino industry in hawaii. New York’s gambling legislation, that was to approve as much as seven Las Vegas-style gambling enterprises into the continuing state, passed with approximately 57 percent of voters approving. It was at stark contrast to a wonderful defeat for new casinos in the Boston and Palmer areas of Massachusetts in the same day.

Cuomo’s Fight Pays Off

The vote was the culmination of a plan that is multi-year Governor Andrew Cuomo, who had navigated the complex web of gambling legislation interests in hawaii of the latest York to come up with a proposal that will be widely acceptable to many of the major players here. That included provisions that will leave protected areas for existing Native American gambling enterprises within the state by which companies that are private never be able to build.

But in addition to the five Indian casinos and nine slot parlors (located at race tracks) currently in New York, there will now be an amount of additional casinos that will privately be developed in various regions of the location. At the start, only four new gambling enterprises is going to be allowed a compromise that the State Legislature insisted on when they approved the program in each one of the final two sessions that are legislative. Those four casinos will be situated in various upstate regions: around Albany, in the Hudson Valley or the Catskills, and into the so-called Southern Tier that borders northern Pennsylvania.

Eventually, though, that could change. A casino could come to New york itself in about seven years, along with perhaps up to two more in the suburbs near the city around that same time.

The casino vote absolutely saw some divisions within the state, though not on traditional lines that are political. While many New Yorkers saw the casino in order to boost local economies and retain gambling cash that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there were also a range that is wide of who opposed the gambling legislation.

Maybe Not Without a Fight

Conservative teams, including some Roman Catholic bishops along with other religious leaders, warned that the income estimates given by the government were likely inflated and that the social ills that would arrive with expanded gambling would outweigh the benefits that are economic. Meanwhile, progressive teams joined up with in the opposition, saying that the casinos would do the harm that is most to disadvantaged groups.

Since the election neared, opponents focused on the language used in the ballot idea. Rather than making use of neutral language, the ballot concern referenced possible positive outcomes of casino expansion, such as additional jobs and increased tax income that could be used for schools. Casino opponents sued to possess the language changed, while polling revealed that help for the measure more than doubled after the more positive language had been included. Ultimately, the lawsuit was unsuccessful, therefore the question reached the ballot with the greater amount of language that is favorable.

Additionally, placating Native American tribal groups assisted keep much money from flowing into the anti-casino movement, while support for the amendment was well-funded by the video gaming industry. This helped prevent much in the real method of arranged opposition, with much more money and therefore, more tv ads coming down on the medial side of casino supporters.

The brand new York State Gaming Commission will appoint a panel now that will award licenses to developers who wish to build into the Empire State. Of the upstate venues, the Catskills has attracted the attention that is most, once the is huuuge safe region already has a reputation as a resort destination.

If that takes place, who knows; perhaps Borscht Belt comedy will even return to your long-gone showrooms of yesteryear there.

Ryan Riess Triumphs at 2013 WSOP Main Event

World variety of Poker (WSOP) Main Event winner Ryan Riess flaunts their bounty after his $8.3 million takedown of this event. (Image source: Associated Press)

The first WSOP winner to be born in the 1990s triumphed in the 2013 showpiece, bagging almost $8.3 million in the process if anyone thought that the old-guard had made a comeback in WSOP Main Events, their opinions were well and truly readjusted after 23-year-old Ryan Riess.

The November Nine was shaping up to be a story of the experienced pros versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th place agonizingly short of the final table, the last group contained modern legends like JC Tran and online phenom, David ‘Raptor’ Benefield after a break of a several months.

However, Tran’s chip advantage going in to the final table didn’t pay off, and after a blow-up of massive proportions against Jay Farber who’d been being employed as a bouncer and VIP host up before the WSOP he was gone in 5th.

With the ‘senior’ pro Amir Lehavot gone also, it had been right down to the Michigan State University graduate, Ryan Riess and Farber, to decide that would raise the silver bracelet and bag themselves an accepted place in the annals books.

A Detailed Battle

Farber entered heads-up with the chip that is short, 105 million to Riess’s 85 million, however it was the more experienced college guy who made his skill tell.

The breakthrough came after 30 hands almost double the amount of last year’s heads-up duel.

Sitting on the key, Farber raised to 2 million, Riess pumped it to 5 million, and Farber had a re-pop to 8.8 million. Riess made the phone call, and Riess checked the 8d 4s flop that is 3c. Farber bet 6.7 million, and Riess made the phone call to take the players towards the turn.

The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to produce a cooking pot of 58.5 million. With the river 7s Riess checked again, and Farber checked. Riess’s Jc Jh was good enough.

Into The true Home Straight

With Ryan Riess using a 130 million 60 million lead, it had been his game to lose, and despite a brief fightback by Farber, Riess ended up being never going to let his lead disappear.

Sitting on 15bb, Farber did make a brief comeback, doubling up whenever going all-in on a Kc 5h Qs flop. Riess flipped over Ks 10h for top-pair, with Farber’s Jc 10s in need of a nine or ace to result in the right. The 9h duly arrived in the turn to give Farber the double-through, and send their legion of fans into apoplexy.

Short-Lived Hope For Farber

Despite a respite that is brief and being simply two cards away from elimination, Farber couldn’t build on his energy, and two key hands saw the finish of his title challenge.

Both players checked, but when the turn fell 5s, Farber led out for 4 million with a flop of Ad Qd Kc. Riess made the call, as well as the Kh came regarding the river. Both players checked, Farber showed pocket nines, and Riess showed Ac 6d for top-pair, the hand, and another step en route towards the title.

Final Hand

Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration on earth as he saw Riess ah flip over Kh.

A flop of Jd 10d 4c changed little, but a five would still be good for Farber.

The turn of the 3c gave Farber just one more card to save yourself their tournament life. The Beast’ rang out around the Rio Hotel’s Penn and Teller Theater as the crowd rose, the dealer peeled off the 4d on the river, and Riess was swamped by his friends and family, as chants of ‘ Riess.

The Green And White

For Riess, the $8,361,570 first prize was their. Just a couple years ago, Riess was Business that is studying at State University, but a move to Las Vegas followed, and his poker journey started. Multiple cashes in the WSOP Circuit came, and his best cash before here runner-up in the WSOP-C Horseshoe Main Event ended up being all Riess had to show for his poker experience.