March is Problem Gambling Awareness Month, and also the marketing drive has delivered to light Plainridge Casino’s failure to protect those susceptible to gaming addiction in Massachusetts.
Problem Gambling Awareness urges concerned families to ‘have the conversation’ with those that might be prone to becoming addicted to gambling month.
‘Most adults gamble or know someone whom gambles, and, therefore, could benefit from programs to avoid gambling addiction,’ the National Council on Problem Gambling (NCPG) website states. ‘We believe many whom suffer in silence achieve this they developed a problem, what gambling addiction is or where to have help. because they do not know why’
The national conversation held each March has made its way to Massachusetts where one regarding the country’s gambling venues that are newest has failed in instituting an appropriate firewall to problem gamblers.
The Plainridge Park Casino, the first gambling that is commercial in the state following the passage of the Expanded Gaming Act, opened in June of 2015. Nevertheless, the slot parlor still hasn’t adopted a way to curb dependent gamblers.
‘ What’s the job of a casino? To make as money that is much possible. Setting limits on gambling simply the priority that is highest,’ Lasell College Professor Paul DeBole told the Boston Globe this week.
Regulations May Be the Law
When the Expanded Gambling Act was signed into law by then-Governor Deval Patrick (D), a key provision was that the Plainridge and three future resort-style gambling facilities would have to implement programs to combat problem gambling.
It would incorporate a ‘play management’ system that would allow customers to set limits on how much they wager, with the slot machines flashing warnings when those enrolled reach certain time or money ceilings before it opened its doors, Plainridge said.
Eight months into operation, the play administration system remains just a concept. The Massachusetts Gaming Commission previously approved the scheme and stated it would meet up with the mandate’s needs.
‘Would we like faster implementation? Yes, but we think it’s using the amount of time necessary,’ Massachusetts Council on Compulsive Gambling Executive Director Marlene Warner said.
Challenges towards the gaming system include making the enrollment and gameplay experience user-friendly while also making sure clients don’t feel embarrassed or publicly shamed.
Problem Gambling by the Numbers
Regulators in Massachusetts have actually plenty of explanation to be concerned with the potential risks of legalizing gaming that is commercial the Bay State. In accordance with an infographic released by the NCPG, problem gambling makes up $7 billion in the US yearly due to addiction, bankruptcy, and crime.
Of the estimated five million Americans who already meet the criteria for gambling addiction, three in four have problems with alcohol, 38 % use or have used unlawful medications, and 20 % have attempted or committed committing suicide.
It’s certainly the dark side to the commercialization that is producing new jobs and economic growth for local counties and income for hawaii. Massachusetts estimated throughout s town wheres the gold the 2011 bill passage that gambling would generate $300-500 million in brand new taxation income for state expenditures on an annual foundation.
Plainridge had been forecasted to bring in $300 million in gross profits in its opening but is on pace to collect just over half of that figure at $162 million year. The start that is slow disappointing numbers are added reason behind casino bosses to take their time in setting limits on player bankrolls.
Virginia Frequent Fantasy Sports Get Licensed, But Steep Charges Separate Out Big Fish from Small Fry
Virginia Governor Terry McAuliffe, whom signed their state’s dream recreations bill into law this week. Not everyone is delighted in regards to the licensing that is new, though. (Image: salon.com)
Virginia fantasy that is daily (DFS) have the proud honor of being the first ever to become licensed in America.
On Monday, the Old Dominion State became 1st in the US to license DFS, as Governor Terry McAuliffe signed the Fantasy Contests Act into law.
While other states have legalized DFS, lately Kansas, Virginia will be the first to license its operators. This, said McAuliffe, will ’empower Virginia to regulate this emerging industry and keep consumers safe from abuses.’
But numerous smaller DFS operators and fantasy that is season-long sites have criticized the $50,000 licensing enrollment cost. While $50,000 may be a chicken feed to major industry players DraftKings and FanDuel, it really prices the smaller brands out of industry.
Davids and Goliaths
Season-long fantasy sports sites have actually complained that the bill provides no differentiation between DFS while the season-long variety. Needs for clarification on whether or not the bill refers simply to DFS or to all fantasy sports have actually maybe not been answered by the governor’s office, leaving operators that are season-long whether they’ve been now legally allowed to operate in the state.
‘It really puts us out of business in your state,’ said David Gerczak, co-founder of season-long site myffpc.com, told The Virginia Pilot. ‘[The DFS sites] clearly have used season-long as cover. We feel we’re used.’
Gerczak has urged the state to change the name associated with the bill to your ‘daily fantasy sports competition work.’
Elsewhere, the passage associated with the bill was praised, particularly by the top metal of DraftKings.
‘ We thank Governor McAuliffe for his leadership and advocacy and therefore are hopeful that other states across the country will follow Virginia’s lead,’ stated Griffin Finan, director of public affairs for DraftKings.
Nevertheless the tone was markedly different at a hearing in Nevada that came across to discuss possible regulation, as reported by the Las Vegas Review-Journal this week.
There, representatives of Draft Kings and FanDuel told Governor Brian Sandoval’s Gaming Policy Committee that regulation could damage the industry and limit innovation of its technology.
Nigel Eccles, CEO of FanDuel, argued that DFS really should not be regulated in the way that is same their state governs sports books, while warning that a mishmash of disparate state-by-state regulation across America could harm the industry’s credibility.
The Nevada Gaming Control Board ruled that DFS constituted gambling under the state’s gaming law in October of last year. That designed that sites offering the competitions to convey residents were providing unlicensed gambling. The Board ordered them to stop and desist or face criminal charges. DraftKings and FanDuel promptly exited, as required.
North Jersey gambling enterprises Could Be Taxed 40 to 60 %, State Lawmaker Says
New Jersey State Assemblyman Ralph Caputo is leading the charge to amend hawaii’s constitution and bring in North Jersey casinos having a hefty tax rate. (Image: assemblydems.com)
Two North Jersey casino licenses could soon be given, nevertheless the gambling operators in receipt that are prepared to touch into the region’s nearly 3.5 million residents and nyc City’s 8.5 million inhabitants throughout the Hudson might also faint when they receive their goverment tax bill.
During a particular hearing that is public Monday, State Assemblyman Ralph Caputo (D-District 28) responded to the question of possible taxation prices that casinos in the north counties might face by revealing, ‘As a guess, it might be 40 to 60 percent,’ he said.
That is a cry that is far the 9.25 percent rate casinos now pay in Atlantic City.
New Jersey lawmakers are looking at an amendment to your state’s constitution that will allow two gambling facilities to be integrated North Jersey. Should it pass, it would end the longstanding gambling monopoly held by Atlantic City since 1976.
Competition from neighboring states has generated a financial disaster in the former gambling mecca for the East Coast, and lawmakers in Trenton are scrambling to locate brand new methods to recoup the dissipating tax revenue.
Icahn Can’t Believe It
The main topic of gambling expansion will always have its opponents, but in the Garden State, there is a mole that is rather powerful. As Casino.org reported week that is last billionaire Carl Icahn delivered a $100 million ultimatum by saying he wouldn’t spend those funds in his Atlantic City Trump Taj Mahal resort should North Jersey gambling enterprises be authorized.
Yesterday, lots of the 17 backers of their state amendment that is constitutional.
‘This is a game-changing proposal. We’d modernize our gaming industry and offer significant relief for senior citizens and disabled residents,’ Caputo declared.
‘For a state sorely in need of brand new revenues for vital needs such as programs and property taxation relief for senior citizens and residents that are disabled this is often a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposal would help bring a brighter future that is economic our state.’
After being approved by the state’s Assembly Judiciary Committee, the quality now moves to your floor within the state money, where it will require three-fifths approval within the Assembly and Senate. Should the chambers pass the motion to alter the state constitution, voters would have the final say and would require a majority approval.
Taxing North Jersey casinos at levels as sky high as 60 % on net winnings might thin the field that is bidding. However, a scan around nearby locales that are gambling such exuberant rates aren’t exactly out of the standard for neighboring states, at minimum.
Connecticut, for example, is a fairly included 18 percent, and Delaware a bit higher at 29.4 percent for table games, at the very least. But the cake is taken by then New York with a 60 to 69 percent take on earnings, and Pennsylvania isn’t much better with a 55 percent rate.
Nevada, not surprisingly, wins hands down with a modest 6.75 percent taxation rate, although the sheer quantity of casinos in the Silver State obviously make that number more bodacious than it could appear.
Too Much of a thing that is good
While 40-60 percent appears to fall adequately in line, especially taking into consideration the market in concern, nj-new Jersey State Senate President Stephen Sweeney (D-District 3) stated he finds the rate excessive.
Atlantic City Assemblyman Chris Brown (R-District 2) also questioned exactly how introducing new casinos to a market that is already oversaturated help the constituents he represents.
‘Is it planning to pave the roads to make certain that those who are unemployed can get free from city?’ Brown asked.
Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal
Florida Governor Rick Scott, whose make an effort to strike a groundbreaking deal utilizing the Seminole tribe has foundered and finally passed away into the legislature. (Image: addictinginfo.org)
Florida lawmakers have shot down a proposal to allow the Seminole tribe to offer craps and roulette at their casinos.
The offer ended up being the effect of months of negotiations involving the Seminoles and Florida’s Governor Rick Scott, and would have been worth $3 billion to the state over seven years, rendering it the biggest revenue-sharing that is tribal in the united states.
The Seminoles would have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots under the proposal.
Week the bill, which had support in the State House (with amendments) had completely stalled in the Senate as of last. It was ultimately pronounced dead when backers conceded it would be impossible to make any headway before the March 11 due date.
‘Going into today we knew full well that the gaming bills were on life help,’ said State Representative Jose Felix Diaz Dist. that is(R-116th) among the bill’s architects. ‘The House ended up being dreaming about magic, but by the close of the day we saw one had been not coming and had no option but to pull the plug.’
The deal had appeared to be a major breakthrough in the governmental standoff between Scott and also the Seminoles with regards to was announced last December.
The original compact between the tribe and Florida was formed in 2010, giving the Seminoles exclusivity on blackjack within the state in return for $1 billion, spread over five years.
This contract additionally gave the Seminoles a stranglehold on the slots market by prohibiting the expansion of slots gambling beyond that which already existed at a handful of pari-mutuel racetracks.
The compact expired on August 1 of final year, opening the field for negotiations. In the interim, despite the expiration of the agreement, the Seminoles proceeded to offer blackjack at their seven properties in the state, in defiance of a deferral lawsuit filed by Florida, which sought to order the games closed down.
Exactly What Now?
Now that the new compact has failed, it’s likely that the matter will have to be settled in the courts. It is also likely to disrupt the Seminoles commitment to Florida that is providing with of the latest jobs through a $1.8 billion expansion of its gambling enterprises at Tampa and Hollywood.
The bill’s passage through the legislature was finally impeded by persistent requests for amendments through the state’s disparate gambling lobbyists, notably the state’s race tracks.
‘ Every time you place a video gaming bill up in the Florida Legislature it’s like tossing a part of beef into a shark tank,’ said one lawmaker.