Two identical Atlanta casino bills have been introduced to both chambers of the state’s General Assembly, and gambling companies throughout the nation are readying for the fight that is legislative hiring high-profile lobbyists.
It is tough to find fertile non-gaming regions in the United States, especially in major metropolises. An Atlanta casino bill seeks to create land-based gambling to Georgia, much to your delight of billionaire Tilman Fertitta.
Probably the most name that is recent join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican who served two terms leading The Magnolia State has filed lobbyist documents in Atlanta to represent the interests of Las Vegas-based Wynn Resorts.
Barbour joining the discussion is important as a result of his friendship that is long with Georgia Governor Nathan Deal (R). State lawmakers have been pressing to legalize gambling that is commercial Georgia for more than a year in an effort to increase tax revenue.
Deal has opposed legislation that is such the last, but recently hinted he would be open for a discussion should the casino law mandate that almost all the profits help training, therefore the impact wouldn’t directly harm the state’s lottery system.
Though Georgia does not now have land-based tribal or commercial gambling, nor pari-mutuel wagering, the Peach State sold $4.556 billion worth of lottery seats in 2016. That generated a bounty that is net of $1 billion for state education programs.
Devil Went Down to Georgia
Georgia, like a lot of the southeast, is traditionally a conservative suggest that is predominantly compared to the expansion of any type of gambling.
Pew Research found last 12 months that 66 per cent of Georgians classify themselves as ‘highly religious.’ However, perhaps surprising to some, is that a recent poll conducted by the Atlanta Journal-Constitution found 56 % of likely voters support land-based casinos.
The present legislation in Atlanta would authorize two commercial gambling enterprises, one in the capital, and another in a smaller town. The 2 licenses would each cost $1 million upfront, with renewals set at $5 million yearly. Gross gaming revenue could be taxed at 20 percent.
All Aboard Atlanta
It is the Atlanta location that the major casino players need. Senate Bill 79 requires the recipient of the coveted destination resort license to invest in an investment of at the very least $2 billion.
As well as Wynn Resorts, Sheldon Adelson’s Las vegas, nevada Sands, Penn National Gaming, Boyd Gaming, as well as others have all filed lobbyist personnel registrations with Georgia.
Some 40 video gaming lobbyists are now accredited by the state, in accordance with records that are public.
Billionaire Tilman Fertitta, owner of Landry’s and the Golden Nugget, while the host of CNBC’s ‘Billion Dollar Buyer,’ is also considering Atlanta. He believes limiting the total quantity of gambling licenses is in the best interest of the state.
Atlanta is viewed as a goldmine for casino operators. The closest commercial casino resort is Harrah’s Cherokee, some 170 kilometers away in North Carolina.
With over 5.7 million residents in the town’s metro, and not just a slot machine or table game within a few hours’ drive, the feasible Atlanta casino offering is attractive for obvious reasons.
Osaka’s Ambitions of Casino Resort on Landfill Island Might Become Trashed
The Japanese city of Osaka is pushing ahead with a project that is ambitious build an integrated casino resort on an artificial island in Osaka Bay.
Casinos are extremely likely visiting Japan and Osaka really wants to be in the mix, but its plans for the casino that is multi-billion-dollar on Yumeshima area could be a bit of a gamble. (Image: Port and Harbor Bureau, Osaka)
Yumeshima is a landfill that is reclaimed, which the city hopes will be changed into a gleaming new casino, with hotels, myfreepokies.com shopping, arcades, galleries and a convention center, to be completed by 2024.
Another portion regarding the island are going to be reserved for the World Exposition in 2025, bringing construction that is total to over $7 billion.
The Japanese parliament passed its Integrated Resorts Promotion bill in December, paving the means for complete scale casino resorts in the country for ab muscles time that is first. Japan has been called the ‘sleeping giant’ of casino video gaming, with a market that is potential, depending on which consultant you speak to, up to $40 billion per year.
Osaka desires to function as the first player in the market. The snag that is only its plan? Well, there are certainly a few, actually.
Built It and They Might Not Come
First, it has yet to convince a international casino developer not just to partner with it, but also that Yumeshima Island is the place to build. In the first place, the town could have to give its subway system out towards the island, an operation that could cost an estimated $600 million, and no one’s quite sure who can pick that bill up.
Osaka Mayor Hirofumi Yoshimura has assured any future casino partner that the town will pick the tab up for a ‘large portion’ of the expense, but it is most likely that this hypothetical partner might prefer to consider a niche site that doesn’t come with this extra meteoric expenditure.
There is the suggestion that the Chinese high rollers Osaka dreams of attracting may not need to take the hour’s subway ride from the airport to Yumeshima, having just arrived on board their private jets. Maybe it would be more economical and advantageous to create a casino closer to the airport, recommend cynics.
Support for Casinos Low
And of course, while the Japanese parliament has passed an act authorizing the regulation of casino video gaming, it have not yet developed a framework of regulation. And without such a framework, the country can’t make a claim to have legalized casinos at all, yet.
There is no recommendation, either, of how numerous licenses will be produced available, or whether Osaka is even in the running, although it is stated become one of the favorites.
But the polls show there is little support among the Japanese populace for gambling enterprises (just 12 percent, based on one), which could potentially cause lawmakers to temper their enthusiasm for creating licenses, at least to start with.
Similarly, there clearly wasn’t much public help in Osaka for the city’s own casino plan. And meanwhile, the town faces competition that is strong Paris once the host of the 2025 Expo and may well lose the bid, although it won’t learn until November 2018.
Osaka is gambling on eventualities that are too many state critics. And what will the populous city do with Yumeshima, which is earmarked for commercial expansion since it was made, if the casino and Expo plans fall through?
Yoshimura told the Japanese press recently that he had not been considering a ‘Plan B’ or ‘Plan C.’
‘It will simply make bidding more difficult,’ he reasoned.
Jeff Sessions Confirmed as US Attorney General, Online Gambling at Stake
Jeff Sessions happens to be confirmed due to the fact 84th attorney general regarding the United States, and for people who help online gambling, that may well not be the best news.
Newly sworn in US Attorney General Jeff Sessions could provide problems for online gambling, though the odds would appear to favor inaction on the new AG’s part. (Image: Andrew Harnik/Associated Press)
After 20 years within the US Senate, the Alabama congressman takes on their new position in Washington, DC, in the same way multiple states from coast to coast are considering gambling legislation that is internet. Nevada, nj-new jersey, and Delaware remain truly the only three jurisdictions with some form of on line betting already in place.
Very conservative people regarding the Senate during his tenure, Sessions often governs by their United Methodist faith. The religion is adamantly against gambling, the church’s website labeling the practice as ‘a menace to society, lethal to the best passions of ethical, social, economic, and life that is spiritual and destructive of good government.’
‘Christians should abstain from gambling and may strive to minister to those victimized by the practice,’ the United Methodist doctrine concludes.
Court is in Sessions
As US attorney general, Sessions will head the Department of Justice (DOJ) and serve as the country’s chief legislation enforcement lawyer and officer. That poses a potential problem for states like Pennsylvania, New York, Ca, as well as others being currently nevertheless mulling expanding internet gambling expansion to boost their coffers.
Last year, the DOJ issued an opinion on the Wire Act. The department said in a memorandum that ‘interstate transmissions of wire communications that do not relate to a ‘sporting event or competition’ fall outside of the reach regarding the Wire Act.’ It was that move which opened the door to the prospect of state-by-state legalized and regulated gambling.
Passed in 1961, the Wire Act had long been believed to block states from allowing citizens to spot bets or wagers through wire transmissions. As technology evolved and the internet became commonplace, the statutory law was extended to encompass online gambling.
During his Senate Judiciary Committee hearing month that is last Sessions was asked by Sen. Lindsey Graham (R-South Carolina), a devout opponent to online gambling, about his views associated with 2011 judgment. Sessions responded which he was ‘shocked’ when the DOJ effectively rewrote that interpretation associated with Wire Act.
‘I did oppose (the DOJ opinion) when it happened, and it seemed to me to be unusual,’ Sessions answered. ‘ I would revisit it and I also will decide on it predicated on careful research. I haven’t gone that far to give you a viewpoint today.’
Though it appears to be unlikely that Sessions would focus enough time on internet gambling when more pressing problems are unquestionably abundant, their comments final month will nevertheless cause plenty of unrest among the gaming community that is online.
Sessions obtained his legislation degree from the University of Alabama in 1973, and served as his state’s attorney general from 1995 to 1997.
While Republicans are thrilled after eight years to finally have conservative back in the most effective legal workplace in the United States, Sessions’ appointment is certainly not without controversy.
The Senate’s confirmation ended up being mainly along party lines, with the final tally coming in at 52-47. Senator Joe Manchin (D-West Virginia) was the lone Democrat who lent his support for the inbound attorney general.
Britney Spears Does It Again, as Vegas Residency Eclipses $100 Million in Revenue
Britney Spears wasn’t lying when she said everyone wants a ‘Piece of Me.’ Her appropriately known as Las Vegas residency show, according to revenue numbers supplied by Caesars and first reported by Billboard, has now passed the $100 million market as a whole admission sales.
Britney Spears’ Las Vegas residency show has pulled in over $100 million in gross sales. (Image: Denise Truscello/Getty Images)
Dating back once again to her residency that is first performance Planet Hollywood in December of 2013, more than 700,000 tickets have been sold to eager fans. More specifically, Caesars says that through to January of this year, 710,418 tickets have been offered, producing revenue of $103,399,634. That equates to an average ticket price of $145.54.
Spears’ Las vegas, nevada show is dark for now, until the lights come straight back on in late March. Thirty shows are already scheduled, with an increase of likely on the means.
But the pop icon nevertheless has an approaches to go herself Las Vegas’ biggest headliner before she can call. Celine Dion remains the champ that is undisputed Sin City. She actually is performed over 1,000 shows dating straight back to 2002, and contains generated over $650 million in residency revenue.
Profit for Caesars
Not much was going right on the last few years for Caesars Entertainment. The Vegas-based gaming company filed for bankruptcy in January of 2015, and just recently emerged from liquidation after reorganizing and splitting its holdings into various entities.
Planet Hollywood is underneath the Caesars umbrella, and represents a bright i’m all over this the company’s balance sheet.
The gaming mecca is into the midst of undergoing an unofficial marketing that is fresh to attract a new demographic to Sin City: the millennial. Throughout her three years at Planet Hollywood, thousands of fans have descended on Las Vegas who probably would have otherwise stayed away without the draw of Spears.
Names like Dion and Elton John continue to draw huge crowds, but it’s a mature market which includes always been coming to the Strip.
Caesars is focusing on the 20 and 30-something crowd by hosting younger residency acts. When Spears took time off from her show, Planet Hollywood welcomed Jennifer Lopez in her spot.