New Hampshire Grapples with Impact of Possible Land Casino

New Hampshire Grapples with Impact of Possible Land Casino

New Ham<span id="more-20104"></span>pshire Grapples with Impact of Possible Land Casino

A poker dealer lays out charity fundraiser tournament chips at a Salem, N.H. makeshift casino; the New Hampshire legislature now desires to approve one legitimate land casino for their state (Image: VNews.com)

New Hampshire may have reputation as a quiet, relaxed state where sleep and breakfasts and a little skiing are about the most exciting happenings around, but that image may be about to alter. With everyone in the region accumulating their gambling industries, it appears as though the Granite State may be ready to become listed on into the brick-and-mortar race and welcome a land casino of these own.

Representing the Future

According to reports, over 100 representatives in the continuing state House of Representatives have signed on up to a bill that will welcome only one casino to their state of New Hampshire. That’s a lot more than half the number of representatives that would need to ultimately vote for such a bill to pass through your house.

The general public declaration had been meant as a sign of early strength for the bill. A total of 108 representatives publicly supported the bill, making up a bipartisan group of 83 Democrats and 25 Republicans. A lot of those representatives also took part in a press conference to strongly show just how they felt about bringing casino gambling to New Hampshire.

‘We have momentum because we listened,’ said Representative Katherine Rogers. ‘We heard the concerns of House people last springtime whom said we did not have the right regulatory framework.’

All Systems Go

The bill that is new concerns, giving hawaii plenty of oversight over the casino bidding procedure and providing financing for issue gambling services. The bill allows for just one casino, because of the license for that casino going right through a competitive bidding process. It would also create a fresh Hampshire video gaming commission that would oversee not only the casino, but also the existing lottery, racing, and charitable gaming operations into the state.

‘There are major improvements that is likely to make sure expanded gambling would have been a good deal for the citizens of New Hampshire,’ said Representative Jeremy Dobson.

Late this the House Ways and Means Committee held a hearing on the bill, known as HB 1633 week. Supporters stated the financial benefits of a casino, saying it could generate revenues that are significant requiring a broader tax enhance. It would also be a source that is new of in a suggest that tends to lose young employees to other parts of the united states.

‘We are running out of time and energy to attract people to stay in New Hampshire and to here give people jobs,’ said Diana Lacey, president of the State Employees’ Association.

One concern raised at the hearing had been the basic idea that casino gambling may not easily fit into with all the current ‘brand’ New Hampshire has into the minds of tourists and visitors.

‘We do not have such a need that is chronic this revenue that our company is willing to endure the burdens while the expense and the harm to our brand,’ stated Concord developer Steve Duprey. While some supporters pointed out that New Hampshire’s motto is ‘Live Free or Die’ which will suggest that residents should really be permitted to choose whether they want to play at a casino or not Duprey countered that the state nevertheless had to help make decisions by what’s right and acceptable for New Hampshire.

But others disputed the branding claim. Pat Griffin, A new Hampshire resident who had worked in advertising and marketing for the state’s tourism industry, described that 41 other states involve some as a type of casino gambling, and that has not affected most of their brands. For example, Colorado has 41 gambling enterprises, but is nevertheless understood for the hills and skiing. One casino, he said, won’t be the point that is tipping changes what brand New Hampshire means to site visitors.

Toronto Man Wanted After Failure to pay for $12.9M to Las Vegas Casinos

A new nomination for ‘World’s Dumbest Criminals’ is actually a Canadian man who reportedly owes the Venetian casino in Las Vegas and an added $12m in IOUs and is now AWOL and wanted

There are always a things that are few can get you selected for ‘World’s Dumbest Criminal’: robbing a bank with surveillance cameras everywhere, wanting to steal a police vehicle, and many certainly towards the top of that list would how many players is burnout paradise remastered be skipping out on major casino gambling debts. Not smart, not smart at all.

That’s what one Toronto high-roller is finding out after failing woefully to repay some $12.9 million in losses to two Las Vegas gambling enterprises, dating all the real method back in to 2008. Authorities are actually seeking him out to file costs in the situation.

Not-Yet-Arrested Development

43-year-old Semion Kronenfeld is now known as on a Clark County District Court arrest warrant, following a grand jury indicted him on 12 counts of felony theft, writing bad checks, and obtaining cash under false pretenses. This puts Kronenfeld in a particular kind of stupid category, as it’s one of the biggest casino that is unpaid situations ever in Nevada, and if convicted, the only real place this Canadian will be rolling dice is inside a state penitentiary, possibly for decades.

The Clark County indictment that has been handed straight down this week says that the high-roller failed to repay $7.9 million back in October of 2008 on IOUs made out to the Venetian casino on the Las Vegas Strip. Then, simply two weeks later, Kronenfeld allegedly pulled a similar quantity on the Stations Casino-owned Green Valley Ranch casino, located in Henderson, just outside of Las Vegas proper; he reportedly stiffed that property for $5 million.

Based on Nevada legislation, unrepaid casino IOUs are considered fraudulent checks. With a prosecutorial bounty of 10 percent for ‘processing and prosecution’ put on any pre-trial settlements for these cases, many such incidents are put to bed without any charges being filed; clearly, that has not been the truth right here, though.

As of this writing, Kronenfeld stays AWOL, according to prosecutor Jake Merback, who heads up Clark County’s bad check unit, and calls to Kronenfeld’s attorney in vegas, Craig Mueller, were not returned.

Kronenfeld’s case went public back in 2009, at which point the Canadian had been placed in casino credit reports as having their own real estate investment business, based in Ontario. Apparently he also holds A israeli passport and is recognized to have multiple spellings of his last title, sometimes spelling it ‘Cronenfeld.’

In Good Company with Other Big Losers

While enormous, Kronenfeld’s case is scarcely the actual only real bad-debt that is large to strike Nevada’s casinos in recent years. One particular high-profile case included the previous owner of chatchke-manufacturer Oriental Trading Co., Terrance ‘Terry’ Watanabe, who had been indicted in 2009 he failed to pay back (then) Harrah’s Entertainment, Inc (now Caesars Entertainment) in the amount of $14.75 million in IOUs after it was alleged. However, Watanabe counter-sued Harrah’s and money for an amount that is undisclosed reached in July 2010.

And Watanabe is not the only real other high-profile gambler to get caught without repaying his debts; notorious porn-purveyor Joe Francis of Girls Gone Wild fame was also the subject of a IOU dispute with Wynn Resorts Int’l to the tune of $2.5 million. And former NBA All-Star Antoine Walker whom pleaded bad before his case stumbled on trial received a five years’ probation phrase and had to fork over $770,000 in restitution.

Florida Faces Battle associated with the wallets that are bulging Warring Casino Factions

It’s really a battle to the finish, with he who spends most having a shot that is good winning, as casino and anti-casino factions face down in Florida (Image: istock)

Las vegas Sands CEO Sheldon Adelson often lobbies for gambling enterprises and sometimes lobbies with gusto and lots and lots of cash against them(as in his massive anti-online campaign for the past year); but whatever he does, he does it. So it should come as no shock that his company is certainly one of several major casino operators supporting 100 lobbyists (well-armed with every politician’s favorite kind of homage: moolah) whose goal will be to put some pressure on Florida’s legislators regarding the Sunshine State’s stalled land gaming status.

Fighting for County Rights

Clearly, gambling clothes with something to gain are most enthusiastically behind this legislative posse’s funding; which puts Genting during the front side regarding the line; they are trying to get into the Miami beachfront market having a Resorts World Miami project for a long time now without success. This could be the standoff of all of the standoffs: because very recently, top state lawmakers made it clear that the entire issue of gambling in Florida is low on their importance totem pole this year.

Nonetheless, cash talks and you know what walks, so last week Florida’s Senate Gaming Committee chair Garrett Richter promised to introduce a new bill allowing for two resort casinos that could go up in Broward and Miami-Dade counties. Those two spots just happen to be precisely where both Adelson’s Sands and Genting have been hoping to secure casino sites by way of amazing coincidence. And more luck that is good Florida’s 60-day legislative session kicks off on March 4, so it is all just in the nick of the time. Yessirree, Bob, those homage gift ideas can function the Red Sea when delivered over lunch at a fancy tallahassee eatery, it would appear.

Richter who only per week before was decrying how impossible it had been to coordinate all of Florida’s various and sundry video gaming factions is now saying that while the dilemmas at hand remain complex, he intends to obtain this casino plane ‘off the ground.’

He’ll have his work cut out him early Xmas presents for him, no matter how many lobbyists give. Florida’s compact with the Native American Seminole tribe gives that group exclusive legal rights to popular and high-end (in other words., really profitable) table games like baccarat and blackjack. The 2010 compact did not encompass craps or roulette, and requires the Seminoles to spend $250 million a year to florida through 2015. After that, tribal leaders are not planning on backing down easily; Seminole Gaming CEO Jim Allen reportedly told scouts from Sands and Genting when they first started their push two years ago that ‘[it shows] a Seminole lady on here, that’s maybe not somebody from Las Vegas,’ referring to images on the Florida state flag.

And there is yet more complicated political waltzes happening into the Sunshine State, because former Governor Charlie Crist has decided he wants his old task back, meaning he would have to unseat current governor Rick Scott come November. Adelson, needless to say, has been proven to throw his weight via his bankroll around within an election or two, and with Scott as the Republican incumbent (Crist was also Republican back as he had been governor, but has since switched to first being an Independent, and today a Democrat), Scott no doubt could use the Sands CEO’s support.

Towards the end, Scott had a conference with Adelson in Las Vegas shortly after taking office in 2011, at which time he stated to take benefit of resort casinos in their state. Throwing even more fire onto this situation that is already incendiary the truth that the Seminole tribe donated an awesome half-million to Scott’s rebid campaign last 12 months: the largest single political donation made for the season. Talk about being taken in two directions.

Lines in the s that are sand(

As well as the battle lines were drawn elsewhere, too: not surprisingly, entrenched Florida icon Walt Disney Co. has made their views loud and clear on the opposition to casino expansion in the state, and backed it up with $1.7 million spread among legislators over days gone by two years. Specialists predict campaign contributions gets even more excessive, in order to match Adelson’s nearly unlimited budget that is political bring lawmakers around. In fact, the COO of this operating supply behind the Mardi Gras Casino in Hallandale Beach says he expects it all to show into ‘ a food that is major’ before the election year is over.

Of course, there’s always a naysayer, and Senator Gwen Margolis (D-Miami) has recently developed a bill to put an end to the lobbying some would state vote-buying madness. She desires to end the ‘sea of cash [that] happens to be sloshing into the campaign coffers’ and claims only a statutory law against it will do the trick. Deemed the Public Confidence in Gaming Act, we want her the best of luck in getting this through. It probably stands nearly as good a possibility of which makes it as absolutely absolutely nothing.

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