New Hampshire Grapples with Impact of Possible Land Casino

New Ham<span id="more-3111"></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 brand New Hampshire legislature now really wants to approve one land that is legitimate for their state (Image:

New Hampshire may have a reputation as a quiet, relaxed state where bed and breakfasts and a little skiing are about the most exciting happenings around, but that image may be about to change. With everyone else in the region gathering their gambling industries, this indicates as though the Granite State may be ready to participate into the brick-and-mortar race and welcome a land casino of the own.

Representing the Future

According to reports, over 100 representatives in the continuing state House of Representatives have actually signed on to a bill that could welcome only one casino to their state of the latest Hampshire. That’s more than half the quantity of representatives that would eventually need to vote for such a bill to pass through your house.

People 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 group that is bipartisan of Democrats and 25 Republicans. Many of those representatives even participated in a press conference to strongly show just how they felt about bringing casino gambling to New Hampshire.

‘We have actually momentum because we listened,’ said Representative Katherine Rogers. ‘We heard the issues of House users last springtime who said we don’t have the best regulatory framework.’

All Systems Go

The bill that is new concerns, giving the state plenty of oversight over the casino bidding process and providing funding for issue gambling services. The bill allows for starters casino, because of the license for that casino going right on through a competitive bidding process. It would also create a New Hampshire gaming commission that could oversee not only the casino, but also the existing lottery, racing, and charitable gaming operations within the state.

‘There are major improvements that can certainly 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 revealed the economic benefits of a casino, saying it could generate significant revenues without requiring a wider tax increase. It would also be a new supply of jobs in a declare that tends to lose young employees with other parts of the united states.

‘We are running away from time 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 maybe not easily fit in with the current ‘brand’ New Hampshire has within the minds of tourists and visitors.

‘We don’t have such a chronic need for this income that we are willing to put up with the burdens and the cost and the damage to our brand,’ said Concord developer Steve Duprey. While some supporters stated that New Hampshire’s motto is ‘Live Free or Die’ which may suggest that citizens must certanly be allowed to choose whether they desire to play at a casino or maybe not Duprey countered that the state nevertheless had in order to make decisions about what’s right and acceptable for New Hampshire.

But others disputed the branding claim. Pat Griffin, a brand new Hampshire resident who had worked in marketing and advertising for their state’s tourism industry, revealed that 41 other states possess some kind of casino gambling, and that hasn’t impacted the majority of their brands. For instance, Colorado has 41 gambling enterprises, but is nevertheless known for the hills and skiing. One casino, he said, will not be the point that is tipping modifications exactly what New Hampshire means to site visitors.

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

A nomination that is new ‘World’s Dumbest Criminals’ could be 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 a few items that can get you nominated for ‘World’s Dumbest Criminal’: robbing a bank with surveillance cameras every-where, trying to take a police car, and most certainly towards the top of that list would 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 nevada casinos, dating all the real way back again to 2008. Authorities are now seeking him out to file charges in the instance.

Not-Yet-Arrested Development

43-year-old Semion Kronenfeld is now called 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 money under false pretenses. This puts Kronenfeld in a special kind of stupid category, because it’s certainly one of the biggest casino that is unpaid instances ever in Nevada, and if convicted, the actual only real place this Canadian will likely be rolling dice are in the state penitentiary, perhaps for decades.

The Clark County indictment which was handed down this week claims that the high-roller failed to settle $7.9 million back in October of 2008 on IOUs made out to the casino that is venetian the Las vegas, nevada Strip. Then, simply two weeks later, Kronenfeld presumably 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.

According to Nevada law, unrepaid casino IOUs are considered fraudulent checks. With a prosecutorial bounty of 10 per cent for ‘processing and prosecution’ put on any pre-trial settlements of these cases, many such incidents are placed to sleep without any charges being filed; obviously, which has not been the way it is right here, however.

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

Kronenfeld’s case went public back in 2009, at which point the Canadian ended up being placed in casino credit reports as having his or her own estate that is real business, based in Ontario. Apparently he also holds A israeli passport and has been proven to have numerous spellings of his last title, sometimes spelling it ‘Cronenfeld.’

In Good Company with Other Big Losers

While enormous, Kronenfeld’s case is scarcely the only real bad-debt that is large to strike Nevada’s gambling enterprises in recent years. One particular high-profile case involved the former owner of chatchke-manufacturer Oriental Trading Co., Terrance ‘Terry’ Watanabe, who was 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 a settlement for an undisclosed amount was reached in July 2010.

And Watanabe isn’t the only other gambler that is high-profile get caught without repaying his debts; notorious porn-purveyor Joe Francis of Girls Gone Wild fame was also the topic of an IOU dispute with Wynn Resorts Int’l to the tune of $2.5 million. And former NBA All-Star Antoine Walker who pleaded responsible before his case came to trial received a 5 years’ probation phrase and had to fork over $770,000 in restitution.

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

It’s 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)

Vegas Sands CEO Sheldon Adelson sometimes lobbies for casinos and sometimes lobbies against them (as in their massive anti-online campaign for yesteryear year); but whatever he does, he does it with gusto and a whole load of cash. Therefore it should come as no surprise that his company is certainly one of several major casino operators supporting 100 lobbyists (well-armed with every politician’s favorite form 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

Demonstrably, gambling outfits with something to gain are most enthusiastically behind this posse that is legislative funding; which puts Genting at the front of the line; they have been trying to get into the Miami beachfront market with a Resorts World Miami task for a long time now without success. This could be the standoff of all of the standoffs: because very recently, top state lawmakers caused it to be clear that the whole problem of gambling in Florida is low on their importance totem pole this year.

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

Richter who just a week before was decrying how impossible it absolutely was to coordinate most of Florida’s various and sundry video gaming factions is now saying that while the issues at hand remain complex, he intends to obtain this casino plane ‘off the ground.’

He’ll have their work cut out him early Xmas presents for him, no matter how many lobbyists give. Florida’s compact with the Native American Seminole tribe offers that group rights that are exclusive popular and high-end (in other words., really profitable) table games like baccarat and blackjack. The 2010 compact did maybe not encompass craps or roulette, and requires the Seminoles to fork out $250 million a to florida through 2015 year. 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 there, that’s maybe not somebody from Las Vegas,’ referring to images regarding the Florida state flag.

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

To the final end, Scott had a meeting with Adelson in Las Vegas soon after taking office in 2011, at which time he reported to maintain favor of resort casinos in their state. Throwing even more fire onto this currently incendiary situation is the reality that the Seminole tribe donated an awesome half-million to Scott’s rebid campaign last 12 months: the largest single political donation created for the entire year. Talk about being taken in two directions.

Lines in the Sand(s)

Therefore the battle lines have already been drawn elsewhere, too: and in addition, entrenched Florida icon Walt Disney Co. has made their views noisy and clear on their opposition to casino expansion in the state, and backed it up with $1.7 million spread among legislators over the past couple of years. Professionals predict campaign contributions can get even more excessive, in order to match Adelson’s nearly unlimited budget that is political bring lawmakers around. In reality, the COO associated with the operating arm behind the Mardi Gras Casino in Hallandale Beach says he expects it all to show into ‘ a major food fight’ before the election 12 months is over.

Of course, there’s always a naysayer, and Senator Gwen Margolis (D-Miami) has recently created a bill to place an end towards the lobbying some would say madness that is vote-buying. She would like to end the ‘sea of cash [that] happens to be sloshing into the campaign coffers’ and says only law against it will have the desired effect. Deemed the Public Confidence in Gaming Act, we want her the most truly effective of fortune in getting this through. It probably stands nearly as good a chance of making it as absolutely nothing.

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