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Texas G<span id="more-7997"></span>overnor Slams State Regulator’s On Line Gambling Ambitions

Not on his watch: Texas Governor Greg Abbott offers a resounding ‘no’ to online gambling.

Texas officials must stop their line of inquiry into legalizing online gambling, Governor Greg Abbot said this week.

In a letter to the Chairman for the Texas Gambling Commission, Abbot said that the state prohibition on gambling expansion is in destination to protect citizens and he ‘supports it wholeheartedly.’

Abbot’s veto comes in light of news that the state regulator is information that is gathering the feasibility of adopting new gambling games in Texas, in particular recreations betting and daily fantasy sports. In October, payment administrator manager Gary Grief joined staff on a fact-finding objective to Delaware to examine their state’s online gambling operations.

‘In light of continuous pressures that are external expand the footprint of gaming in Texas, it is prompt and necessary that I offer direction on prohibiting all such expansions without express authorization and direction by the Texas Legislature,’ published Abbot in a page dated November 9, 2015.

‘Please ensure this direction and intent is strictly enforced one of the staff associated with the Texas Lottery Commission.

Please also notify the executive director and staff that any request to journey to gather information regarding video gaming possibilities which are prohibited in Texas is denied.’

Gambling in Texas

Beyond the parimutuel betting at horseracing and dog songs as well as the state’s one Indian casino, the only kinds of gambling currently appropriate in Texas would be the state lottery, charitable bingo and raffles.

Perhaps the lottery, which earns $2.2 billion every two years for public education, is under threat and its abolition happens to be debated in the legislature every since its 1991 inception year.

In 2013, lawmakers voted by 81-65 to scrap the lottery, before realizing that plugging that $2.2 billion hole with raffles and bingo might be a stretch associated with the imagination.

A hastily put together ballot reinstated it.

Opposition in the Legislature

The concept of gambling expansion does not sit well with the conservative and Christian sensibilities of a part that is large of legislature, and a bill to liberalize gambling this year was summarily quashed.

‘that we may serve as a resource to the legislature should they decide to consider these other forms of gaming,’ Texas Lottery spokeswoman Kelly Cripe said of the reasoning behind the recent mission to Delaware though we may not offer these games, we want to be knowledgeable of the industry so.

‘that it is the Texas Legislature that sets policy. even as we continue our mission to generate revenue for Texas, we are really mindful and respectful’

However, this Cripe told the Dallas Morning News that her organization would adhere to the governor’s wishes week.

Fontainebleau Resort Goes on the marketplace for $650 Million

Carl Icahn, who is ready to market the home he rescued from bankruptcy for a $4 million revenue. (Image: businessinsider.com)

Fontainebleau, the big, royal vegas casino app ambitious $3 billion Vegas Strip megaresort that never was, is up for sale.

Carl Icahn, the billionaire corporate raider who rescued the unfinished project from bankruptcy in 2010, is asking $650 million for the property, in accordance with CBRE Group, which has been hired to broker the deal.

The one caveat for potential buyers: you will have to finish building it yourself.

Fontainebleau was one of a few huge developments conceived before the global economic downturn of 2008 that were devastated when recession hit during the construction stage. The tower was never completed, and the resort remains just 70 percent complete.

Fontainebleau had grand ideas: named for the magnificent chateau that is french was as soon as home to the kings of France, its tower would, at 730-feet, be the tallest in Vegas.

Investment Possibility

But, like Revel in Atlantic City, no project better symbolizes the financial crash that ravaged the casino industry from 2008 to 2011, during which time nevada was famously dubbed ‘Ground Zero of the economic downturn.’

Work started in the property in 2007. Developers Fontainebleau Resorts of Miami, invested $2 billion before being forced into Chapter 11 bankruptcy, as lenders, spooked by the depression that is economic bailed on the project.

In April 2009, Bank of America and JP Morgan Chase, canceled $770 million in construction funding.

But Vegas happens to be on the up, and Ichan demonstrably believes that Fontainebleau is no more a doomed folly to economic shortsightedness, but an investment opportunity that is exciting.

‘I think Las Vegas nevertheless has a reasonable quantity of room to run,’ said Icahn, who paid around $150 million for Fontainebleau. ‘But I’d rather offer it than take enough time and energy to create it out, which we have been considering doing,’ he told the Wall Street Journal this week.

On the Up

The visitors have returned to the city in their droves and room rates are in record levels. Meanwhile, other jobs that were abandoned through the economic crisis, such as the Echelon and the Las Vegas Plaza, have found new owners that are willing to invest in their development.

Across the street to your Fontainebleau, the Frontier, which closed down earlier this is to be redeveloped into an extension of the Las Vegas Convention and Visitors Authority’s Convention Center District year. The future abruptly looks bright for the end that is north of Strip.

‘Las Vegas don’t just have recession, it had a depression,’ John Knott, executive vice president of CBRE Las Vegas told the Las Vegas Review Journal.

‘We’ve come a way that is long. Gaming companies are investing in and renovating properties. Local gaming numbers are beginning showing enhancement. New projects are bringing vibrancy to our community.

I believe the recession is behind us now.’

It’s estimated Fontainebleau would simply take another 2 yrs to accomplish.

Hacker Group ‘Anonymous’ Targets Terrorists Over Payment Processors

Cyber hacking collective ‘Anonymous’ announced it is pursuing ISIS after the terrorist militants claimed to have killed over 130 individuals in Paris final Friday. (Image: americasfreedomfighters.com)

Call them Terrorist Haters Anonymous, if you shall. But the team that lives up to its name is for once planning to bring down the crooks with their own bad boy hacking abilities.

Yup, the vigilante collective known as ‘Anonymous’ is going to war, and they are going in by having a kind of cyber-Robin Hood promise this time.

The Internet hackers posted a video declaration group that is against terrorist State of Iraq and Syria (ISIS) over the weekend, claiming the self-proclaimed perpetrators accountable for the assaults in Paris will be ‘hunted down’ and stopped in their cyber tracks.

Online communications, apparently now largely moved onto gaming platforms in a ‘peer-to-peer’ mode that is inaccessible to police force without obtaining warrants, have now been the main mode for planning these global and life-threatening attacks, in accordance with media sources.

Gaming World Knows DDoS Attacks All Too Well

The gambling community has also become familiar with other (often unidentified) proficient computer hackers disrupting operations at both land-based and online casinos while obviously no one would mind if Anonymous succeeds at disabling its victims and greatly hindering their operations.

In ’09 and 2010, two separate incidents compromised online that is popular gambling processors Moneybookers and Neteller, with an untold range addresses, emails, phone numbers, birthdates, and password hints taken.

Last year, Iranian hackers angered by Sheldon Adelson’s pro-Israel position infiltrated community servers during the billionaire’s Sands Bethlehem resort in Pennsylvania, effectively shutting down the casino. Plus in a series of Distributed Denial of Service (DDoS) assaults sent four Internet casinos offline in New Jersey for some 30 minutes july.

Hackers have mostly been a disruptive force that costs victims billions of dollars each year to defend, but also for now the masterminds are putting their skills to good use by going after ISIS, an organization condemned by all 28 member states of this North Atlantic Treaty Organization (NATO).

Yes, ISIS Tweets

ISIS is really a group that is radical resides in the Iraq desert, primarily Ramadi, a city it captured once US forces withdrew from the area. ISIS’ headquarters that is war-ravagedn’t without technology, the guerrillas possessing the capability to distribute its communications and claims of obligation online, because it has reportedly done concerning the Paris attacks.

Distributed through Twitter, ISIS called the bombings and mass shootings in Paris that left significantly more than 130 dead a ‘blessed attack’ and the ‘first of the storm.’

Anonymous responded in its own Internet message, a movie showing an agent donning the group’s Guy Fawkes mask saying, ‘Anonymous from all around the world will hunt you down … we’ll launch the operation that is biggest ever against you.

‘ The French individuals are stronger than you and certainly will come out of this atrocity even stronger,’ the hackers concluded.

Consequential Results

The Anonymous collective’s wishes to disrupt the web operations of ISIS could possibly be significant. The first line of ISIS recruitment is done through the world wide web, the group keeping a 24/7 social media presence that depends on its sympathetic followers to spread its communications and viewpoints.

‘As part of its quest to terrorize the world, ISIS has learned an arena no terrorist group had conquered before: the burgeoning world of social networking,’ authors Jessica Stern and J.M. Berger wrote inside their book on Islamic extremism, ISIS: their state of Terror.

A report in March by the Brookings Institution found upwards of 2,000 pro-ISIS Twitter accounts that have been highly active, tweeting an average of 50 communications each day. Saudi Arabia, Syria, and Iraq were the top three claimed locales of the tweeters, but concerning to Americans is the fact that the United States was fourth.

Twitter doesn’t reveal why or when it chooses to disable an account. ‘Is it ethical to suppress political speech, even when such speed is repugnant?’ Brookings asks.

Anonymous is preparing to answer that concern on its terms that are own. Gamblers can simply hope that other such cyber hackers turn their attentions elsewhere as well.