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Problem Gambling Awareness Highlights Plainridge Park Casino’s Safeguard Failures month

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 grownups gamble or understand some one whom gambles, and, therefore, could reap the benefits of programs to avoid gambling addiction,’ the National Council on Problem Gambling (NCPG) website states. ‘We believe many who suffer in silence achieve this since they don’t know why they developed an issue, just what gambling addiction is or where to get help.’

The national conversation held each March has made its way to Massachusetts where one associated with the country’s newest gambling venues 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 passing of the Expanded Gaming Act, opened in June of 2015. But, the slot parlor still hasn’t adopted a method to curb reliant gamblers.

‘ What’s the working job of a casino? To make as money that is much possible. Setting limits on gambling isn’t necessarily the priority that is highest,’ Lasell College Professor Paul DeBole told the Boston Globe this week.

Regulations Is 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 lock it link slot max bet 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 program is still just an idea. The Massachusetts Gaming Commission previously approved the scheme and said it would meet up with the mandate’s needs.

‘Would we like faster implementation? Yes, but we think it’s taking the amount of time necessary,’ Massachusetts Council on Compulsive Gambling Executive Director Marlene Warner said.

Challenges to the gaming system include making the enrollment and game play experience while that is user-friendly making sure clients don’t feel embarrassed or publicly shamed.

Problem Gambling by the Numbers

Regulators in Massachusetts have plenty of reason 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 accounts for $7 billion in the US annually due to addiction, bankruptcy, and crime.

Of the estimated five million Americans who already meet the requirements for gambling addiction, three in four have problems with alcohol, 38 percent use or have used unlawful medications, and 20 percent have attempted or committed committing suicide.

It’s certainly the dark side to the commercialization that is generating new jobs and economic growth for local counties and income for the state. Massachusetts estimated through the 2011 bill passage that gambling would generate $300-500 million in brand new income tax income for state expenditures for an basis that is annual.

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 slow start and disappointing numbers are added reason behind casino bosses to simply take their time in setting limits on player bankrolls.

Virginia Everyday Fantasy Sports Get Licensed, But Steep Costs Separate Out Big Fish from Small Fry

Virginia Governor Terry McAuliffe, whom finalized the state’s fantasy sports bill into law this week. Not everyone is pleased in regards to the new certification situation, however. (Image: salon.com)

Virginia daily dream sports (DFS) have actually the proud honor of being the first to ever become licensed in America.

On Monday, the Old Dominion State became the very first 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 manage 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 registration cost. While $50,000 can be a chicken feed to major industry players DraftKings and FanDuel, it really prices the smaller brands out of the marketplace.

Davids and Goliaths

Season-long fantasy sports sites have complained that the bill provides no differentiation between DFS and also the variety that is season-long. Demands for clarification on whether or not the bill refers simply to DFS or to all fantasy sports have actually not been answered by the governor’s office, making season-long operators uncertain whether they’ve been now legally allowed to operate in their state.

‘It really puts us out of business in your state,’ stated David Gerczak, co-founder of season-long web site myffpc.com, told The Virginia Pilot. ‘[The DFS sites] clearly have used season-long as cover. We feel we’re being used.’

Gerczak has urged the state to replace the title associated with the bill to the ‘daily fantasy sports contest act.’

Elsewhere, the passage of the bill had been praised, particularly by the brass that is top of.

‘ We thank Governor McAuliffe for his leadership and advocacy and are hopeful that other states across the national nation will follow Virginia’s lead,’ stated Griffin Finan, director of public affairs for DraftKings.

Nevada Hearing

But the tone was markedly different at a hearing in Nevada that came across to go over potential 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 restrict innovation of its technology.

Nigel Eccles, CEO of FanDuel, argued that DFS should not be regulated in the same way that their state governs sports books, while warning that the mishmash of disparate state-by-state regulation across America could damage 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 implied that sites offering the competitions to mention residents were providing unlicensed gambling. The Board ordered them to stop and desist or face criminal charges. DraftKings and FanDuel promptly exited, as requested.

North Jersey gambling enterprises might Be Taxed 40 to 60 %, State Lawmaker Says

New Jersey State Assemblyman Ralph Caputo is leading the charge to amend their state’s constitution and bring in North Jersey casinos with a tax rate that is hefty. (Image: assemblydems.com)

Two North Jersey casino licenses could soon be granted, but the gambling operators in receipt that are quite ready to touch in to the region’s nearly 3.5 million residents and ny City’s 8.5 million inhabitants throughout the Hudson might faint if they additionally receive their tax bill.

During a special hearing that is public Monday, State Assemblyman Ralph Caputo (D-District 28) responded to the question of possible taxation prices that casinos in the northern counties might face by revealing, ‘As a guess, it would be 40 to 60 percent,’ he said.

That is a cry that is far the 9.25 percent rate gambling enterprises now spend in Atlantic City.

New Jersey lawmakers are looking at an amendment towards the state’s constitution that will allow two gambling facilities to be integrated North Jersey. Should it pass, it would end the gambling that is longstanding held by Atlantic City since 1976.

Competition from neighboring states has generated an economic catastrophe in the former gambling mecca associated with East Coast, and lawmakers in Trenton are scrambling to locate new methods to recoup the dissipating taxation revenue.

Icahn Cannot Believe It

The 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, a lot of the 17 backers of the state constitutional amendment responded.

‘This is a game-changing proposal. We might modernize our gaming industry and offer significant relief for seniors and disabled residents,’ Caputo declared.

‘For a situation sorely in need of brand new revenues for vital needs such as programs and property income tax relief for senior residents and disabled residents, this can be a win-win,’ Assemblyman Gary Schaer (D-District 36) said. ‘This proposition would help bring a brighter economic future for our state.’

After being approved by the state’s Assembly Judiciary Committee, the resolution now moves to your floor in the state money, where it will need three-fifths approval into the Assembly and Senate. Should the chambers pass the motion to change the state constitution, voters would have the say that is final would require a big part approval.

Taxing Rates

Taxing North Jersey casinos at levels as sky high as 60 percent on net winnings might thin the bidding field considerably. But, a scan around nearby locales that are gambling such exuberant rates aren’t exactly out of the ordinary for neighboring states, at least.

Connecticut, for example, is a fairly contained 18 percent, and Delaware a bit higher at 29.4 per cent 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 price.

Nevada, unsurprisingly, wins hands down with a modest 6.75 percent income tax rate, although the number that is sheer of in the Silver State obviously make that number more bodacious than it may appear.

Too Much of a thing that is good

While 40-60 percent seems to fall adequately in line, specially considering the market in question, New Jersey State Senate President Stephen Sweeney (D-District 3) said the rate is found by him excessive.

Atlantic City Assemblyman Chris Brown (R-District 2) also questioned how introducing new casinos to an already oversaturated market would help the constituents he represents.

‘Is it going to pave the roads so that people who are unemployed can get out of town?’ Brown asked.

Florida Legislature Rejects $3 Billion Seminole Tribe Gambling Deal

Florida Governor Rick Scott, whose make an effort to hit a groundbreaking deal using the Seminole tribe has foundered and finally passed away into the legislature. (Image: addictinginfo.org)

Florida lawmakers have actually shot down a proposal to allow the Seminole tribe to provide craps and roulette at their casinos.

The offer had been the end result of months of negotiations between the Seminoles and Florida’s Governor Rick Scott, and might have been worth $3 billion to the state over seven years, making it the biggest revenue-sharing that is tribal in the united states.

Underneath the proposal, the Seminoles might have been prohibited from building a new casino for 20 years and would have relinquished their monopoly on blackjack and slots.

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 whenever backers conceded it could be impossible to make any headway before the March 11 due date.

‘Going into today we knew full well that the gaming bills had been on life support,’ said State Representative Jose Felix Diaz (R-116th Dist.), one of the bill’s architects. ‘The House ended up being dreaming about magic, but by the close of the day we saw one had been maybe not coming and had no option but to pull the plug.’

Blackjack Standoff

The offer had seemed to be a major breakthrough in the governmental standoff between Scott and the Seminoles when it was announced last December.

The original compact between the tribe and Florida was formed this year, giving the Seminoles exclusivity on blackjack in the state in substitution for $1 billion, spread over five years.

This agreement additionally gave the Seminoles a stranglehold on the slots market by prohibiting the expansion of slots gambling beyond that which already existed at a number of pari-mutuel racetracks.

The compact expired on August 1 of last year, starting the industry for negotiations. The Seminoles continued 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 in the interim, despite the expiration of the agreement.

What Now?

Now that the compact that is new failed, it’s most 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 new jobs through a $1.8 billion expansion of its casinos at Tampa and Hollywood.

The bill’s passage through the legislature ended up being fundamentally impeded by persistent demands for amendments from the state’s disparate gambling lobbyists, notably their state’s race tracks.

‘ Every time you put a gaming bill up within the Florida Legislature it’s like throwing a part of beef into a shark tank,’ stated one lawmaker.