U.S. Virgin Islands Can Offer Online Gambling

The U.S. Virgin Islands may soon have the ability to offer gaming that is online but many caveats abound. (Image supply: Travel.usnews.com)
Many Americans understand the U.S. Virgin Islands for summer and beaches that are beautiful they can go to without being forced to get a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become simply as well-known as a home for on the web gambling.
Attorney General Weighs In
V.I. Attorney General Vincent Frazer issued an opinion to many other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Internet gambling companies to operate in the country would not clash with any federal laws in the United States, and therefore the law could finally be properly used to let the territory to host Web gambling companies. As yet, the territory had held off on really allowing any online gaming to get ahead, because of warnings issued from the government that is federal.
However, as is generally the case in these situations, things aren’t quite that clear cut. The law only enables two companies to operate as ‘master companies’ within the territory, shutting out any other potential operators. And one or more of those companies claims they’ve lost a majority of their investors in the 12 years because the law has passed, as a result of the doubt around whether they’d ever be able to offer gaming that is online players.
Major Economic Influence
If the two organizations were allowed to get forward with providing online gaming all over the world now, it could have a huge effect on the territory. According to Nick Pourzal of USVI Host one associated with the two companies that could possibly offer Internet gaming beneath the law that is current estimates that the maximum amount of as $30 million could go into the territory’s General Fund if both businesses were operating at full capacity.
Frazer’s opinion ended up beingn’t totally positive, however. The Attorney General gave many cautionary notes, including the fact that the Justice Department has changed its mind several times on exactly what states were permitted to do, and that legislation at the federal level could still change the game, as happened when Congress passed the Unlawful Internet Gambling and Enforcement Act (UIGEA) in 2006 over six pages.
‘I opine that the Virgin Islands Internet Gaming and Gambling Act is appropriate on its face,’ Frazer had written. ‘ However, caution should function as rule because the pitfalls have been in the implementation of the legislation.’
Frazer also showed concern over just how far his opinion should be taken, and exactly how much would be allowed under federal law.
‘There is concern whether the employment of the V.I.’s online gaming and gambling platform may be used by persons outside for the Virgin Islands and not run afoul of the federal law.’
Still, the Casino Control Commission regarding the Virgin isles has hailed the opinion as a significant step towards switching the territory into an online gaming hub. According to the Commission’s Acting Chairwoman, Violet Ann Golden, the Virgin isles is currently working on agreements with states such as New Jersey that have approved on the web gambling, both to create strategic partnerships and to help regulate play that is off-island their sites.
The Virgin isles Legislature could have something to state about exactly how Internet gambling works in the territory as well. Senators such as Nereida Rivera-O’Reilly want to amend the 2001 act in order to allow more companies to really have the opportunity to compete for licenses. According to Rivera-O’Reilly, lots of the principals within the two companies designated as master companies were federal government insiders the legislation’s passage, and she plans to introduce an amendment to start up the licensing process to competitive bidding.
‘We must discover from our mistakes and work out sure we do this precisely, so that no one can here come in and try to stop us,’ Rivera-O’Reilly said.
New York Gambling Legislation to Expand Casinos Gets Voter Thumbs Up
Voters in brand New York State have authorized gambling legislation that allows for major casino expansion (Image source: NYDailyNews)
Just What a week this has been for the land casino business straight back east, both bad and the good.
On Tuesday, voters in brand New York comfortably authorized a constitutional amendment that will greatly expand the brick-and-mortar casino industry in the state. Ny’s gambling legislation, that has been to accept as much as seven Las Vegas-style gambling enterprises within the state, passed with approximately 57 percent of voters approving. It was at stark contrast to a wonderful beat for new casinos in the Boston and Palmer areas of Massachusetts regarding the day that is same.
Cuomo’s Fight Pays Off
The vote was the culmination of a plan that is multi-year Governor Andrew Cuomo, who had navigated the complex web of gambling legislation interests in hawaii of New York in the future up with a proposal that will be widely acceptable to most of the major players here. That included provisions that will leave protected areas for existing Native American casinos within the state by which private companies will never be in a position to build.
But besides the five Indian casinos and nine slot parlors (located at race tracks) currently in ny, there will now be a wide range of additional casinos that will be developed privately in various regions of the region. From the beginning, only four new casinos is allowed a compromise that the State Legislature insisted on when they authorized the program in each one of the last two sessions that are legislative. Those four casinos will be based in various upstate regions: around Albany, in the Hudson Valley or the Catskills, and in the so-called tier that is southern borders northern Pennsylvania.
Eventually, though, that could change. A casino could come to New york itself in about seven years, along with possibly up to two more into the suburbs near the town around that same time.
The casino vote absolutely saw some divisions within the state, though not on traditional https://slotsforfun-ca.com/huuuge-casino-review/ political lines. While many New Yorkers saw the casino in order to boost local economies and retain gambling money that state residents may now be taking to Connecticut, Pennsylvania and Atlantic City, there were also a range that is wide of whom opposed the gambling legislation.
Perhaps Not With Out A Battle
Conservative teams, including some Roman Catholic bishops and other religious leaders, warned that the income estimates supplied by the government were likely inflated and that the social ills that would come along with expanded gambling would outweigh the economic benefits. Meanwhile, progressive groups joined in the opposition, saying that the casinos would do the many damage to disadvantaged groups.
Because the election neared, opponents dedicated to the language being used in the ballot proposition. In the place of utilizing neutral language, the ballot question referenced possible positive outcomes of casino expansion, such as additional jobs and increased tax revenue that could be used for schools. Casino opponents sued to own the language changed, while polling revealed that help for the measure increased significantly when the more good language was included. Eventually, the lawsuit was unsuccessful, as well as the question reached the ballot with the greater favorable language.
Additionally, placating Native American tribal groups assisted keep money that is much flowing in to the anti-casino movement, while support for the amendment was well-funded by the gaming industry. This helped prevent much in the real method of arranged opposition, with a lot more money and therefore, more tv adverts coming down on along side it of casino supporters.
The latest York State Gaming Commission will appoint a panel now that will award licenses to developers who wish to build within the Empire State. Of the upstate venues, the Catskills has attracted the most attention, once the region already possesses reputation as a resort location.
If that occurs, who knows; maybe Borscht Belt comedy will even get back to your long-gone showrooms of yesteryear there.
Ryan Riess Triumphs at 2013 WSOP Main Event
World Series of Poker (WSOP) Main Event winner Ryan Riess shows off his bounty after his $8.3 million takedown associated with the event. (Image supply: Associated Press)
If anyone thought that the old-guard had undergone a revival in WSOP Main occasions, their opinions were well and truly readjusted after 23-year-old Ryan Riess the initial WSOP winner to be born in the 1990s triumphed within the 2013 showpiece, bagging almost $8.3 million in the process.
The November Nine was shaping up to be a story of the experienced pros versus the plucky amateurs and despite 2001 winner Carlos Mortensen falling in 10th place agonizingly short of the final table, the last group contained modern legends like JC Tran and online phenom, David ‘Raptor’ Benefield after a break of a several months.
Nevertheless, Tran’s chip advantage going to the final table didn’t pay off, and after a blow-up of massive proportions against Jay Farber who’d been being employed as a bouncer and VIP host up before the WSOP he was gone in 5th.
With the ‘senior’ pro Amir Lehavot gone additionally, it was down seriously to the Michigan State University graduate, Ryan Riess and Farber, to decide that would lift the gold bracelet and bag themselves place in the annals publications.
A Detailed Battle
Farber entered heads-up with the chip that is short, 105 million to Riess’s 85 million, but it was the more experienced university guy who made his skill tell.
After 30 arms almost twice the amount of this past year’s heads-up duel the breakthrough came.
Sitting on the key, Farber raised to 2 million, Riess pumped it up to 5 million, and Farber had a re-pop to 8.8 million. Riess made the call, and Riess checked the 8d 4s 3c flop. Farber bet 6.7 million, and Riess made the decision to just take the players to the turn.
The 2h saw Riess make another check, Farber made a bet of 13.6 million, and Riess called to produce a pot of 58.5 million. With the river 7s Riess examined once more, and Farber checked. Riess’s Jc Jh was good enough.
Into The Home Straight
With Ryan Riess taking a 130 million 60 million lead, it was his game to lose, and despite a fightback that is brief Farber, Riess ended up being never ever going to let his lead disappear.
Sitting on 15bb, Farber did make a brief comeback, doubling up when moving all-in on a Kc 5h Qs flop. Riess flipped over Ks 10h for top-pair, with Farber’s Jc 10s in need of a nine or ace to make the straight. The 9h duly arrived on the turn to give Farber the double-through, and send their legion of fans into apoplexy.
Short-Lived Hope For Farber
Despite a respite that is brief and being simply two cards far from elimination, Farber couldn’t build on his energy, and two key fingers saw the end of his title challenge.
Both players checked, but when the turn fell 5s, Farber led out for 4 million with a flop of Ad Qd Kc. Riess made the phone call, as well as the Kh came regarding the river. Both players checked, Farber revealed pocket nines, and Riess showed Ac 6d for top-pair, the hand, and another step en route to the name.
Final Hand
Hand 261, and Farber, crippled, moved all-in with Qs 5s. He was in need of all the luck and divine inspiration in the world as he saw Riess flip over Ah Kh.
A flop of Jd 10d 4c changed little, however a five would still be good for Farber.
The change of the 3c gave Farber just one more card to save his competition life. Once the crowd rose, the dealer taken off the 4d regarding the river, and Riess was swamped by their buddies and family, as chants of ‘Riess the Beast’ rang out round the Rio Hotel’s Penn and Teller Theater.
The Green And White
For Riess, the $8,361,570 prize that is first their. Only a few years ago, Riess was studying Business at Michigan State University, but a move to Las Vegas accompanied, and their poker journey started. Multiple cashes in the WSOP Circuit came, and his best cash before here runner-up in the WSOP-C Horseshoe Main Event ended up being all Riess had to show for his poker experience.