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Archive for October, 2011

Florida Lawmakers Make Their Move, Offering Gambling Expansion Bill

Florida Lawmakers Make Their Move, Offering Gambling Expansion Bill
Florida lawmakers have been wining and dining with Las Vegas casino executives for the better part of this year. On Wednesday, the executives started to receive their payback when a bill was filed that would make the Sunshine State one of the major casino gambling destinations in the US.The bill is only the first step in what is expected to be a long process towards full scale Vegas-style casino gambling in Florida. The legislation calls for the creation of the Florida State Gaming Commission, which would oversee all regulations and expansion of gambling in the state moving forward.The bill also would bring relief to a state budget deficit that is amongst the worst of any state in the country. The promise of billions of dollars in tax revenue, along with thousands of temporary and permanent jobs is what is driving the Republican-led Legislature to push the casino resort gambling bill.Analysts have assumed that full-scale gambling was in the cards in Florida since Genting bought the current home of the Miami Herald. The building will be the future home of Resorts World Miami, another in the growing list of luxury resorts by Genting. The company is based in Malaysia, but has spent much of the past decade expanding across the world. Miami is one of the two destinations the bill would authorize for casino resort licenses. Broward and Miami-Dade Counties are already considered to be the gaming center of Florida, and the destination resorts would only add to reputation Miami has of being one of the top tourist destinations in the US.Broward has the Seminole Hard Rock Casino in Hollywood that offers blackjack, baccarat, poker, and slots. The Seminoles are watching the state closely when it comes to gambling expansion. If the state passes the gaming bill proposed today, it could lead to a legal battle with the tribe. Seminole lawyers have maintained that if the state adds new casinos, the compact that was signed last year between the state and the Seminoles would be voided.Las Vegas Sands would seem to be the other gaming company to make out if the gambling bill passes in Florida. LVS CEO Sheldon Adelson has been pitching casino resorts to Governor Rick Scott since Scott was elected. One of the first trips Scott took last year when he was elected was on a private plane that is owned by Adelson.Experts still believe that a bill passing this year to expand gambling would be a reach. There is plenty of opposition in Florida to more gambling, especially in Central and Northern Florida. Currently, lawmakers are only looking to add destination resorts in Broward and Miami-Dade. October 26, 2011Posted By Terry GoodwinStaff Editor, CasinoGamblingWeb.comSubmit News!

Sunday October 30th, 2011 in Main | No Comments »

There are still options available for US poker players

There are still options available for US poker players
by Sunday ,25 Sep 2011 In the wake of Black Friday US poker pros are still searching for a big game It’s a tough life for a poker player in the United States since the events of April 15th or Black Friday. An estimated 50,000 Americans made their living from playing poker online and overnight not only did they have their livelihoods taken away from them but also their savings. When the US Department of Justice swooped down on the biggest three poker sites in the world their accounts were frozen. In the case of Poker Stars it was just a temporary setback and their players all regained access to their accounts within a matter of days. With regards to Absolute Poker (CEREUS Network) and Full Tilt Poker players are still waiting for their money and it wouldn’t be unwise to assume that the money isn’t coming back any time soon.Poker players in the United States still have several options if they want to continue to ply their trade. They can leave their homes for a country that hasn’t outlawed online poker, Canada is a particularly popular choice. The problem is that the Canadians aren’t particularly excited about having poker players moving to their country and Canadian immigration authorities are now insisting that those moving across the border in order to play poker register their intention on their visa applications and have the intention of taxing them on their winnings. This leaves open the other option of moving to another country and simply living on a tourist visa making occasional trips away for the purposes of renewing their visa. The problem with this option is it means abandoning their homes. Not all players find success at the top level but most are grinders who make a living without becoming millionaires and they can’t just afford to pick up and leave everything behind.The live game in the US is experiencing something of a revival, probably owing to the collapse of the online game. There are casinos in many US states and they are expanding their card rooms to cope with the influx of poker pros looking for action. Although there isn’t as much money in the live cash games, the live tournaments, particularly the big ones such as the World Poker Tour offer hundreds of thousands of dollars in prize money, making them a very tempting target. The recent World Series of Poker is testament to the extent poker pros are willing to go to in search of finding a big poker pot to take.

Wednesday October 5th, 2011 in News | No Comments »