Two identical Atlanta casino bills have been introduced to both chambers associated with the state’s General Assembly, and gambling companies throughout the country are readying for the legislative fight by hiring high-profile lobbyists.
It is tough to find fertile non-gaming areas in the US, especially in major metropolises. An Atlanta casino bill seeks to bring land-based gambling to Georgia, much to the delight of billionaire Tilman Fertitta.
Probably the most recent name to join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican whom served two terms leading The Magnolia State has filed lobbyist documents in Atlanta to represent the passions of Las Vegas-based Wynn Resorts.
Barbour joining the discussion is important as a result of their long friendship with current Georgia Governor Nathan Deal (R). State lawmakers have actually been pressing to legalize commercial gambling in Georgia for over a 12 months in an effort to increase tax revenue.
Deal has opposed such legislation in the last, but recently hinted he’d be open for a discussion should the casino legislation mandate that almost all the profits support education, as well as the impact wouldn’t directly harm the state’s lottery system.
Though Georgia doesn’t actually 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 Seriously to Georgia
Georgia, like a lot of the southeast, is usually a state that is conservative happens to be predominantly opposed 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.’ Nevertheless, perhaps surprising to some, is that a poll that is recent by the Atlanta Journal-Constitution found 56 % of likely voters support land-based casinos.
The current legislation in Atlanta would authorize two commercial gambling enterprises, one into the capital, and another in a smaller city. The two licenses would each cost $1 million upfront, with renewals set at $5 million annually. Gross gaming revenue would be taxed at 20 percent.
All Aboard Atlanta
It’s the Atlanta venue that the major casino players are after. Senate Bill 79 requires the recipient of the coveted destination resort permit to invest in an investment of at the least $2 billion.
Along with Wynn Resorts, Sheldon Adelson’s vegas Sands, Penn National Gaming, Boyd Gaming, among others have all filed lobbyist workers registrations with Georgia.
Some 40 video gaming lobbyists are now actually accredited by the state, according to public records.
Billionaire Tilman Fertitta, owner of Landry’s and the Golden Nugget, plus the host of CNBC’s ‘Billion Dollar Buyer,’ is additionally looking at Atlanta. He believes limiting the total quantity of gambling licenses is within the best interest of the state.
Atlanta is seen as a goldmine for casino operators. The closest commercial casino resort is Harrah’s Cherokee, some 170 kilometers away in vermont.
The possible Atlanta casino offering is attractive for obvious reasons with over 5.7 million residents in the city’s metro, and not a slot machine or table game within a couple hours’ drive.
Osaka’s Ambitions of Casino Resort on Landfill Island May End Up 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 particularly likely visiting Japan and Osaka would like to be in the mix, but its plans for a multi-billion-dollar casino resort on Yumeshima area could be a bit of the gamble. (Image: Port and Harbor Bureau, Osaka)
Yumeshima is a reclaimed landfill island, which the city hopes will be changed into a gleaming new casino, with hotels, shopping, arcades, galleries and a convention center, to be finished by 2024.
Another part of the island will likely be reserved for the World Exposition in 2025, bringing total construction costs to over $7 billion.
The Japanese parliament passed its Integrated Resorts Promotion bill in December, paving the method for complete scale casino resorts in the united kingdom for the very time that is first. Japan has been called the ‘sleeping giant’ of casino gaming, with a possible market worth, depending on which consultant you speak with, up to $40 billion per year.
Osaka would like to be the first player in the market. The snag that is only its plan? Well, there are certainly a few, actually.
Built It and They may Not Come
First, it has yet to convince a international casino developer not just to partner along with it, but also that Yumeshima Island is the spot to build. To begin with, the town might have to give its subway system out towards the island, a procedure that will cost an estimated $600 million, and no one’s quite sure who will pick up that bill.
Osaka Mayor Hirofumi Yoshimura has assured any future casino partner that the town will pick the tab up for a ‘large portion’ with this price, but it is most likely that this hypothetical partner might prefer to take into account a site that doesn’t come with this extra meteoric expenditure.
There is also the suggestion that the Chinese high rollers Osaka dreams of attracting may not wish to take the hour’s subway ride from the airport to Yumeshima, having just arrived on board their private jets. Maybe it will be more economical and advantageous to construct a casino closer to the airport, suggest cynics.
Support for Casinos Low
And needless to say, although the parliament that is japanese passed an act authorizing the regulation of casino video gaming, it hasn’t yet developed a framework of regulation. And without such a framework, the national country can’t make a claim to have legalized casinos at all, yet.
There is no suggestion, either, of how many licenses will be manufactured available, or whether Osaka is even yet in the running, although it is stated become among the list of favorites.
But the polls reveal there is small support among the Japanese populace for casinos (just 12 percent, according to one), which might cause lawmakers to temper their enthusiasm for creating licenses, at minimum to start with.
Similarly, there isn’t much support that is public Osaka for the town’s own casino plan. And meanwhile, the city faces competition that is strong Paris because the host of the 2025 Expo and may well lose the bid, although it will not learn until November 2018.
Osaka is gambling on too many eventualities, say critics. And what’s going to the city do with Yumeshima, which was earmarked for commercial expansion since it was created, if the casino and Expo plans fall through?
Yoshimura told the Japanese press recently that he wasn’t 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 as the 84th attorney general of the United States, and for people who help online gambling, that might not function as best news.
Newly sworn in US Attorney General Jeff Sessions could present problems for online gambling, though the odds would appear to favor inaction on the new AG’s part. (Image: Andrew Harnik/Associated Press)
Following 20 years into the US Senate, the Alabama congressman takes on their new position in Washington, DC, just like multiple states from shore to coast are considering internet gambling legislation. Nevada, nj-new jersey, and Delaware remain the only real three jurisdictions with some form of on the web betting currently in place.
One of the more conservative members for the Senate during his tenure, Sessions often governs by his United Methodist faith. The religion is adamantly against gambling, the church’s website labeling the practice as ‘a menace to society, deadly to the very best passions of moral, social, economic, and spiritual life, and destructive of good federal government.’
‘Christians should abstain from gambling and really should 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 since the nation’s primary legislation enforcement lawyer and officer. That poses a potential problem for states like Pennsylvania, New York, Ca, and others which are currently still mulling expanding internet gambling expansion to boost their coffers.
In 2011, the DOJ issued a viewpoint on the Wire Act. The department stated in a memorandum that ‘interstate transmissions of wire communications that do not relate genuinely to a ‘sporting event or contest’ fall outside of the reach of the Wire Act.’ It was that move which opened the hinged 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 permitting citizens to spot wagers or wagers through wire transmissions. As technology evolved while the internet became commonplace, the law was extended to encompass online gambling.
During their Senate Judiciary Committee hearing last month, Sessions was expected by Sen. Lindsey Graham (R-South Carolina), a devout opponent to online gambling, about his views for the 2011 judgment. Sessions replied he was ‘shocked’ when the DOJ effectively rewrote that interpretation regarding the Wire Act.
‘I did oppose (the DOJ opinion) when it happened, and it seemed to me become unusual,’ Sessions replied. ‘ I would revisit it and I also will decide on it predicated on careful study. I haven’t gone that far to offer an opinion today.’
Though it would appear not likely that Sessions would focus much time on internet gambling when more pressing issues are unquestionably abundant, their comments last 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 usa, Sessions’ appointment is unquestionably not without controversy.
The Senate’s confirmation was mostly along party lines, with the last tally coming in at 52-47. Senator Joe Manchin Virginia that is(D-West the lone Democrat who lent his help for the incoming attorney general.
Britney Spears Does It Again, as Vegas Residency Eclipses $100 Million in Revenue
Britney Spears was not lying when she said everyone wants a ‘Piece of Me.’ Her appropriately named Las Vegas residency show, according to revenue numbers furnished by Caesars and first reported by Billboard, has now passed away the $100 million market in total ticket sales.
Britney Spears’ Las Vegas residency show has drawn in over $100 million in gross sales. (Image: Denise Truscello/Getty Images)
Dating back in to her residency that is first performance Planet Hollywood in December of 2013, a lot more than 700,000 tickets have actually been sold to eager fans. More specifically, Caesars claims that through to January of the year, 710,418 tickets have actually been offered, producing revenue of $103,399,634. That equates to an average ticket price of $145.54.
Spears’ Las Vegas show is dark for now, until the lights come straight back on in belated March. Thirty shows are already scheduled, with additional likely on the means.
But the pop icon still has a methods to go herself Las Vegas’ biggest headliner before she can call. Celine Dion remains the champ that is undisputed Sin City. She’s performed over 1,000 shows dating straight back to 2002, and has now generated over $650 million in residency revenue.
Win for Caesars
Not much is going right within the last years that are few Caesars Entertainment. The gaming that is vegas-based 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 spot that is bright the organization’s balance sheet.
The gaming mecca is into the midst of undergoing an unofficial fresh marketing push to attract a fresh demographic to Sin City: the millennial. Throughout her three years at Planet Hollywood, thousands of fans have descended on vegas who probably would have otherwise stayed away without the draw of Spears.
Names like Dion and Elton John continue to draw crowds that are huge but it’s a mature market which has for ages been coming to the Strip.
Caesars is focusing on the 20 and 30-something crowd by hosting younger residency acts. When Spears took time faraway from her show, Planet Hollywood welcomed Jennifer Lopez inside her destination.