New Hampshire Grapples with Impact of Possible Land Casino

A poker dealer lays out charity fundraiser tournament chips at a Salem, N.H. makeshift casino; this New Hampshire legislature now really wants to approve one genuine land casino for their state (Image:

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

Representing the Future

Based on reports, over 100 representatives in the state House of Representatives have signed on up to a bill that could welcome only one casino to their state of New Hampshire. That’s a lot more than half the quantity of representatives that would need to sooner or later vote for such a bill to pass the house.

The general public declaration was 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 representatives even participated in a press conference to show just how strongly they felt about bringing casino gambling to New Hampshire.

‘We have momentum because we listened,’ said Representative Katherine Rogers. ‘We heard the issues of House members final springtime whom stated we didn’t have the proper regulatory framework.’

All Systems Go

The bill that is new issues, giving the state plenty of oversight over the casino bidding process and providing capital for problem gambling services. The bill will allow for starters casino, using the license for that casino going through a bidding process that is competitive. It would also create a fresh Hampshire video gaming commission that would oversee not only the casino, but also the lottery that is existing racing, and charitable gaming operations in the state.

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

Late this week, the House methods Committee held a hearing on the bill, called HB 1633. Supporters revealed the financial benefits of a casino, saying it could bring in revenues that are significant requiring a wider taxation increase. It would be a source that is new of in a declare that tends to lose young employees with other parts of the nation.

‘We are running out of time for you 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 was the basic idea that casino gambling may not easily fit in with all the current ‘brand’ New Hampshire has into the minds of tourists and visitors.

‘We do not have such a chronic need for this income that our company is willing to endure the burdens plus the cost and the injury to our brand,’ said Concord developer Steve Duprey. While some supporters revealed that New Hampshire’s motto is ‘Live Free or Die’ which would suggest that residents should really be allowed to choose whether they desire to try out at a casino or perhaps not Duprey countered that the state still had to help make decisions in 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, pointed out that 41 other states possess some type of casino gambling, and that hasn’t impacted most of their brands. For instance, Colorado has 41 casinos, but is still understood for the mountains and skiing. One casino, he said, defintely won’t be the tipping point that modifications exactly what brand 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’ is actually a Canadian man who reportedly owes the Venetian casino in Las Vegas and one other $12m in IOUs and is now AWOL and wanted

There are certainly a few things that can get you selected for ‘World’s Dumbest Criminal': robbing a bank with surveillance cameras every where, wanting to take a police vehicle, and many truly near 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 to repay some $12.9 million in losses to two nevada casinos, dating all the way back once again to 2008. Authorities are now seeking him out to file costs in the case.

Not-Yet-Arrested Development

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

The Clark County indictment which was handed down this week claims that the high-roller failed to repay $7.9 million back in October of 2008 on IOUs made out to the casino that is venetian the vegas Strip. Then, just two weeks later, Kronenfeld allegedly pulled a number that is similar 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 legislation, unrepaid casino IOUs are considered fraudulent checks. With a bounty that is prosecutorial of % for ‘processing and prosecution’ placed on any pre-trial settlements of these cases, many such incidents are placed to sleep without any charges being filed; clearly, that has not been the truth right here, however.

Around 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 Las Vegas, Craig Mueller, had been not returned.

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

In Good Business with Other Big Losers

While enormous, Kronenfeld’s case is barely the actual only real bad-debt that is large to strike Nevada’s gambling enterprises in recent years. One particular high-profile case involved the previous owner of chatchke-manufacturer Oriental Trading Co., Terrance ‘Terry’ Watanabe, who ended up being 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 amount that is undisclosed reached in July 2010.

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

Florida Faces Battle regarding the wallets that are bulging Warring Casino Factions

It is a battle to the finish, with he who spends most having a good shot at 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. Therefore it should come as no surprise that his company is 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 place some pressure on Florida’s legislators regarding the Sunshine State’s stalled land gaming status.

Fighting for County Rights

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

Nonetheless, cash talks and you know what walks, so a week ago Florida’s Senate Gaming Committee seat Garrett Richter promised to introduce a brand new bill permitting 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 good luck: Florida’s 60-day legislative session kicks off on March 4, therefore it is all just in the nick of time. Yessirree, Bob, those homage gift ideas can part the Red Sea when delivered over meal at a fancy tallahassee eatery, it would seem.

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

He’ll have their work cut out for him, no matter how many lobbyists give him early Xmas presents. Florida’s compact with the Native American Seminole tribe gives 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 aren’t planning on backing down easily; Seminole Gaming CEO Jim Allen reportedly told scouts from Sands and Genting when they first began their push two years ago that ‘[it shows] a Seminole lady on there, that’s not somebody from Las Vegas,’ referring to images on the Florida state flag.

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

To the final end, Scott possessed a conference with Adelson in Las Vegas shortly after using office in 2011, of which time he advertised to maintain benefit of resort casinos in his state. Throwing even more fire onto this situation that is already incendiary the reality 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 year. Talk about being pulled in two directions.

Lines in the Sand(s)

And also the battle lines happen drawn elsewhere, too: and in addition, entrenched Florida icon Walt Disney Co. has made their views noisy and clear on the opposition to casino expansion in the continuing state, and backed it up with $1.7 million spread among legislators over days gone by two years. Professionals predict campaign efforts are certain to get even more excessive, so that you can match Adelson’s almost unlimited political budget to bring lawmakers around. In reality, the COO of this operating supply behind the Mardi Gras Casino in Hallandale Beach says he expects it all to turn into ‘ a major food fight’ before the election 12 months is over.

Of course, there is always a naysayer, and Senator Gwen Margolis (D-Miami) has already produced a bill to place an end towards the lobbying some would state madness that is vote-buying. She desires to end the ‘sea of money [that] has been sloshing into the campaign coffers’ and states only law against it’s going to do just fine. Deemed the Public Confidence in Gaming Act, she is wished by us the very best of luck in getting this thru. It probably appears nearly as good a possibility of which makes it as absolutely nothing.

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