Two identical Atlanta casino bills have been introduced to both chambers associated with state’s General Assembly, and gambling companies across the country are readying for the legislative fight by employing high-profile lobbyists.
It’s tough to find fertile non-gaming regions in the United States, particularly in major metropolises. An Atlanta casino bill seeks to bring land-based gambling to Georgia, much to the delight of billionaire Tilman Fertitta.
The most name that is recent join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican who served two terms leading The Magnolia State has filed lobbyist documents in Atlanta to represent the interests of Las Wynn that is vegas-based Resorts.
Barbour joining the discussion is essential as a result of their long friendship with current Georgia Governor Nathan Deal (R). State lawmakers have actually been pressing to legalize commercial gambling in Georgia for over a 12 months in order to increase tax revenue.
Deal has opposed legislation that is such the last, but recently hinted he’d be open for a discussion should the casino law mandate that most the proceeds help education, plus the effect wouldn’t directly hurt their state’s lottery system.
Though Georgia does not currently have land-based tribal or commercial gambling, nor pari-mutuel wagering, the Peach State sold $4.556 billion worth of lottery seats in 2016. That generated a bounty that is net of $1 billion for state education programs.
Devil Went Down Seriously to Georgia
Georgia, like much of the southeast, is traditionally a state that is conservative has been predominantly opposed to the expansion of any type of gambling.
Pew Research found last year that 66 per cent of Georgians classify themselves as ‘highly religious.’ However, perhaps surprising to some, is that the current poll conducted by the Atlanta Journal-Constitution found 56 percent of likely voters support land-based gambling enterprises.
The legislation that is current Atlanta would authorize two commercial gambling enterprises, one within the money, and another in a smaller city. The two licenses would each cost $1 million upfront, with renewals set at $5 million yearly. Gross gaming revenue could be taxed at 20 percent.
All Aboard Atlanta
It is the Atlanta location that the casino that is major want. Senate Bill 79 requires the recipient of the coveted destination resort license to invest in an investment of at the very least $2 billion.
Along with Wynn Resorts, Sheldon Adelson’s vegas Sands, Penn National Gaming, Boyd Gaming, and others have all filed lobbyist personnel registrations with Georgia.
Some 40 gaming lobbyists are actually accredited by the state, based on records that are public.
Billionaire Tilman Fertitta, owner of Landry’s and the Golden Nugget, and also the host of CNBC’s ‘Billion Dollar Buyer,’ is also looking at Atlanta. He believes limiting the total number of gambling licenses is in the interest that is best of the state.
Atlanta is viewed as a goldmine for casino operators. The closest commercial casino resort is Harrah’s Cherokee, some 170 kilometers away in new york.
The possible Atlanta casino offering is attractive for obvious reasons with over 5.7 million residents in the city’s metro, and not a slot machine or table game within a couple hours’ drive.
Osaka’s Aspirations of Casino Resort on Landfill Island Might End Up Trashed
The Japanese city of Osaka is pushing ahead with an ambitious project to build an integrated casino resort on a synthetic island in Osaka Bay.
Casinos have become likely visiting Japan and Osaka would like to be in the mix, but its plans for the multi-billion-dollar casino resort on Yumeshima island could be a bit of a gamble. (Image: Port and Harbor Bureau, Osaka)
Yumeshima is a landfill that is reclaimed, which the city hopes will be transformed into a gleaming new casino, with hotels, shopping, arcades, galleries and a convention center, to be completed by 2024.
Another part of this island are going to be reserved for the World Exposition in 2025, bringing construction that is total to over $7 billion.
The Japanese myfreepokies.com parliament passed its Integrated Resorts Promotion bill in December, paving the means for full scale casino resorts in the united states for ab muscles time that is first. Japan has been called the ‘sleeping giant’ of casino gaming, with a market that is potential, depending on which consultant you speak to, up to $40 billion per year.
Osaka wants to be the first player in the market. The snag that is only its plan? Well, there are always a few, really.
Built It and They may Not Come
First, it has yet to convince a casino that is global not just to partner along with it, but additionally that Yumeshima Island is the area to build. For a start, the town would have to increase its subway system out towards the area, an operation that could cost an estimated $600 million, with no one’s quite sure who’ll pick up that bill.
Osaka Mayor Hirofumi Yoshimura has assured any future casino partner that the town will pick the tab up for a ‘large portion’ with this price, but it is most likely that this hypothetical partner might prefer to consider a website that doesn’t come with this extra meteoric spending.
Addititionally there is the suggestion that the Chinese high rollers Osaka dreams of attracting may not wish to take the hour’s subway ride from the airport to Yumeshima, having just appeared on board their private jets. Maybe it might be more advantageous and economical to build a casino closer to the airport, suggest cynics.
Support for Casinos Low
And of course, even though the parliament that is japanese passed an act authorizing the regulation of casino gaming, it hasn’t yet developed a framework of legislation. And without such a framework, the country can’t make a claim to have legalized casinos at all, yet.
There is no suggestion, either, of how numerous licenses will be manufactured available, or whether Osaka is even in the running, although it is known to be among the list of favorites.
But the polls show there is little support among the Japanese populace for casinos (simply 12 percent, according to one), which might cause lawmakers to temper their enthusiasm for creating licenses, at minimum to begin with.
Similarly, there wasn’t much public help in Osaka for the town’s own casino plan. And meanwhile, the city faces competition that is strong Paris because the host of the 2025 Expo and may well lose the bid, although it won’t find out until November 2018.
Osaka is gambling on too numerous eventualities, state critics. And just what will the city do with Yumeshima, which has been earmarked for commercial expansion because it was created, if the casino and Expo plans fall through?
Yoshimura told the Japanese press recently that he wasn’t considering a ‘Plan B’ or ‘Plan C.’
‘It will simply make putting in a bid more difficult,’ he reasoned.
Jeff Sessions Verified as US Attorney General, Online Gambling at Stake
Jeff Sessions has been verified as the 84th attorney general regarding the United States, and for those who support online gambling, that may not end up being the news that is best.
Newly sworn in US Attorney General Jeff Sessions could provide problems for online gambling, though the odds would seem to favor inaction on the new AG’s part. (Image: Andrew Harnik/Associated Press)
After 20 years into the US Senate, the Alabama congressman takes on his new position in Washington, DC, just as numerous states from shore to coast are considering internet gambling legislation. Nevada, nj-new jersey, and Delaware remain the actual only real three jurisdictions with some form of online betting already set up.
Probably one of the most conservative users of the Senate during his tenure, Sessions often governs by his United Methodist faith. The religion is adamantly against gambling, the church’s website labeling the practice as ‘a menace to society, lethal to the greatest passions of ethical, social, economic, and spiritual life, and destructive of good federal government.’
‘Christians should abstain from gambling and should strive to minister to those victimized by the practice,’ the United Methodist doctrine concludes.
Court is in Sessions
As US attorney general, Sessions will head the Department of Justice (DOJ) and serve once the nation’s chief legislation enforcement officer and attorney. That poses a problem that is potential states like Pennsylvania, nyc, California, yet others being currently still mulling expanding internet gambling expansion to enhance their coffers.
In 2011, the DOJ issued an impression on the Wire Act. The department stated in a memorandum that ‘interstate transmissions of wire communications which do not relate genuinely to a ‘sporting event or competition’ fall outside the reach regarding the Wire Act.’ It was that move which opened the hinged door to the potential for state-by-state legalized and regulated gambling.
Passed in 1961, the Wire Act had long been believed to block states from allowing citizens to spot bets or wagers through wire transmissions. As technology evolved therefore the internet became commonplace, the legislation ended up being extended to encompass online gambling.
During their Senate Judiciary Committee hearing month that is last Sessions was asked by Sen. Lindsey Graham (R-South Carolina), a devout opponent to online gambling, about his views regarding the 2011 judgment. Sessions replied he was ‘shocked’ when the DOJ effectively rewrote that interpretation regarding the Wire Act.
‘I did oppose (the DOJ opinion) when it happened, and it seemed to me personally to be unusual,’ Sessions answered. ‘ I would revisit it and I will come to a decision on it predicated on careful research. I haven’t gone that far to give you a viewpoint today.’
Though it would seem not likely that Sessions would focus much time on internet gambling when more pressing issues are unquestionably abundant, their comments last month will nevertheless cause plenty of unrest among the gaming community that is online.
Sessions obtained his law degree from the University of Alabama in 1973, and served as his state’s attorney general from 1995 to 1997.
While Republicans are delighted after eight years to finally have a back that is conservative the most powerful legal office in the usa, Sessions’ appointment is certainly maybe not without controversy.
The Senate’s confirmation was mostly along party lines, with the last tally coming in at 52-47. Senator Joe Manchin Virginia that is(D-West the lone Democrat who lent his support for the inbound attorney general.
Britney Spears Does It Again, as Vegas Residency Eclipses $100 Million in Revenue
Britney Spears wasn’t lying when she said everyone wants a ‘Piece of Me.’ Her appropriately named Las Vegas residency show, according to revenue figures given by Caesars and first reported by Billboard, has now passed the $100 million market in total ticket sales.
Britney Spears’ nevada residency show has taken in over $100 million in gross product sales. (Image: Denise Truscello/Getty Images)
Dating back again to her residency that is first performance Planet Hollywood in December of 2013, significantly more than 700,000 tickets have actually been sold to eager fans. More specifically, Caesars says that through to January of this year, 710,418 tickets have been offered, generating revenue of $103,399,634. That means an average ticket price of $145.54.
Spears’ nevada show is dark for now, until the lights come straight back on in late March. Thirty shows are already scheduled, with additional likely on the method.
But the pop icon still has a ways to go herself Las Vegas’ biggest headliner before she can call. Celine Dion remains the undisputed champ in Sin City. She actually is performed over 1,000 shows dating straight back to 2002, and it has generated over $650 million in residency revenue.
Win for Caesars
Not much was going right throughout the last few years for Caesars Entertainment. The gaming that is vegas-based filed for bankruptcy in January of 2015, and just recently emerged from liquidation after reorganizing and splitting its holdings into various entities.
Planet Hollywood is underneath the Caesars umbrella, and represents a spot that is bright the company’s balance sheet.
The gaming mecca is in the midst of undergoing an unofficial fresh marketing push to attract a brand new demographic to Sin City: the millennial. Throughout her three years at Planet Hollywood, thousands of fans have descended on Las Vegas who probably would have otherwise remained away without the draw of Spears.
Names like Dion and Elton John continue to draw crowds that are huge but it’s a mature audience that has always been coming to the Strip.
Caesars is focusing on the 20 and 30-something crowd by hosting younger residency acts. When Spears took time removed from her show, Planet Hollywood welcomed Jennifer Lopez in her spot.