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Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia

Atlanta Casino Drive Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia

Two identical Atlanta casino bills have been introduced to both chambers associated with state’s General Assembly, and gambling organizations across the country are readying for the fight that is legislative employing high-profile lobbyists.

It is tough to find fertile regions that are non-gaming the United States, particularly in major metropolises. An Atlanta casino bill seeks to bring gambling that is land-based Georgia, much to your delight of billionaire Tilman Fertitta.

The absolute 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 essential due to their friendship that is long with Georgia Governor Nathan contract (R). State lawmakers have actually been pressing to legalize commercial gambling in Georgia for more than a year in order to increase tax revenue.

Deal has opposed legislation that is such the past, but recently hinted he’d be open for a discussion should the casino law mandate that almost all the proceeds help training, as well as the impact wouldn’t directly hurt their state’s lottery system.

Though Georgia doesn’t 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 resulted in a bounty that is net of $1 billion for state training programs.

Devil Went Down to Georgia

Georgia, like a lot of the southeast, is traditionally a state that is conservative was predominantly compared to the expansion of any kind of gambling.

Pew Research found year that is last 66 percent of Georgians classify themselves as ‘highly religious.’ Nevertheless, perhaps surprising to some, is that a present poll conducted by the Atlanta Journal-Constitution found 56 percent of likely voters support land-based gambling enterprises.

The current legislation in Atlanta would authorize two commercial gambling enterprises, one into the money, and another in a smaller city. The 2 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 is the Atlanta venue that the casino that is major want. Senate Bill 79 requires the recipient of the coveted destination resort permit to invest in an investment of at the very least $2 billion.

In addition to Wynn Resorts, Sheldon Adelson’s Las Vegas Sands, Penn National Gaming, Boyd Gaming, and others have all filed lobbyist personnel registrations with Georgia.

Some 40 gaming lobbyists are actually accredited by the state, in accordance with public records.

Billionaire Tilman Fertitta, owner of Landry’s and the Golden Nugget, and also the host of CNBC’s ‘Billion Dollar Buyer,’ is also evaluating Atlanta. He believes limiting the total quantity of gambling licenses is within the interest that is best 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 new york.

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 Desires 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 a synthetic island in Osaka Bay.

Casinos are extremely likely coming to Japan and Osaka would like to take the mix, but its plans for a 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 reclaimed landfill island, which the town hopes will be transformed into a gleaming new casino, with hotels, shopping, arcades, galleries and a convention center, to be finished by 2024.

Another portion for the area will 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 means for full scale casino resorts in the united kingdom for ab muscles first time. Japan has been called the ‘sleeping giant’ of casino gaming, with a market that is potential, depending on which consultant you speak to, up to $40 billion each year.

Osaka would like to function as the player that is first 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 casino that is global not just to partner with it, but also that Yumeshima Island is the area to build. In the first place, the town might have to increase its subway system out to the area, an operation that could cost an estimated $600 million, and no one’s quite sure that will pick up that bill.

Osaka Mayor Hirofumi Yoshimura has assured any future casino partner that the town will pick up the tab for a ‘large portion’ of the cost, but it is most likely that this hypothetical partner might prefer to think about a niche site that doesn’t come with this extra meteoric expenditure.

Addititionally there is the suggestion that the Chinese high rollers Osaka dreams of attracting may not desire to take the hour’s subway ride from the airport to Yumeshima, having just arrived on board their private jets. Maybe it might be more economical and advantageous to build a casino closer to the airport, recommend cynics.

Support for Casinos Low

And needless to say, although the Japanese parliament has passed an act authorizing the regulation of casino video gaming, it have not yet developed a framework of legislation. 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 yet in the running, although it is stated become among the list of favorites.

But the polls show there is small support among the Japanese populace for gambling enterprises (simply 12 percent, according to one), which could potentially cause lawmakers to temper their enthusiasm for producing licenses, at minimum to start with.

Similarly, there isn’t much public help in Osaka for the town’s own casino plan. And meanwhile, the city faces strong competition from Paris while the host of the 2025 Expo and may well lose the bid, although it will not find out until November 2018.

Osaka is gambling on too numerous eventualities, state critics. And exactly what will the city do with Yumeshima, which has been earmarked for commercial expansion since it is made, if the casino and Expo plans fall through?

Yoshimura told the Japanese press recently that he was not considering a ‘Plan B’ or ‘Plan C.’

‘It will just make bidding more difficult,’ he reasoned.

Jeff Sessions Confirmed as US Attorney General, Online Gambling at Stake

Jeff Sessions is verified because the 84th attorney general regarding the United States, and for people who support online gambling, that might not end up being the news that is best.

Newly sworn in US Attorney General Jeff Sessions could present problems for online gambling, though the odds would appear to favor inaction on the brand new AG’s part. (Image: Andrew Harnik/Associated Press)

After 20 years within the US Senate, the Alabama congressman assumes on their new position in Washington, DC, just like numerous states from coast to coast are considering internet gambling legislation. Nevada, nj-new jersey, and Delaware remain the only real three jurisdictions with some form of online betting currently set up.

One of the more conservative people for 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 culture, deadly to the most effective passions of moral, social, economic, and life that is spiritual and destructive of good 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 because the country’s chief law enforcement officer and lawyer. That poses a potential problem for states like Pennsylvania, New York, Ca, and others being currently nevertheless mulling expanding internet gambling expansion to improve their coffers.

Last year, the DOJ issued an opinion on the Wire Act. The department stated in a memorandum that ‘interstate transmissions of wire communications that do not relate to a ‘sporting event or contest’ autumn not in the reach of this 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 and the internet became commonplace, the law ended up being extended to encompass online gambling.

During their Senate Judiciary Committee hearing last month, Sessions was asked by Sen. Lindsey Graham (R-South Carolina), a devout opponent to online gambling, about his views associated with 2011 judgment. Sessions replied he was ‘shocked’ when the DOJ effectively rewrote that interpretation of the Wire Act.

‘I did oppose (the DOJ opinion) when it happened, and it seemed to me personally become uncommon,’ Sessions answered. ‘ I would revisit it and I shall come to a decision on it considering careful research. I haven’t gone that far to give you an opinion today.’

Though it would seem unlikely that Sessions would focus much time on internet gambling when more pressing issues are unquestionably abundant, their comments final month will still cause plenty of unrest among the gaming community that is online.

Senate Split

Sessions obtained his law 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 back that is conservative the most effective legal workplace in america, Sessions’ appointment is certainly perhaps not without controversy.

The Senate’s verification was largely along party lines, with the tally that is final 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 whenever she said everyone wants a ‘Piece of Me.’ Her appropriately known as Las Vegas residency show, according to revenue numbers given by Caesars and first reported by Billboard, has now passed away the $100 million market as a whole ticket sales.

Britney Spears’ nevada residency show has pulled in over $100 million in gross product sales. (Image: Denise Truscello/Getty Images)

Dating back to her residency that is first performance Planet Hollywood in December of 2013, more than 700,000 tickets have actually been sold to eager fans. More specifically, Caesars says that through to January of this year, 710,418 tickets have actually been sold, creating revenue of $103,399,634. That equates to an average ticket price of $145.54.

Spears’ nevada show is dark for now, until the lights come back on in belated March. Thirty shows are already scheduled, with more likely on the method.

But the pop icon nevertheless has a techniques to go before she can phone herself vegas’ biggest headliner. Celine Dion remains the undisputed champ in las vegas. She actually is performed over 1,000 shows dating back to 2002, and contains generated over $650 million in residency revenue.

Profit for Caesars

Very little happens to be 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 only recently emerged from liquidation after reorganizing and splitting its holdings into various entities.

Planet Hollywood is under the Caesars umbrella, and represents a spot that is bright the business’s balance sheet.

The gaming mecca is within 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 nevada who likely 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 is an older audience which includes long been coming to the Strip.

Caesars is targeting the 20 and 30-something crowd by hosting younger residency acts. When Spears took time removed from her show, Planet Hollywood welcomed Jennifer Lopez inside her destination.