Alabama Senate Committee Approves Gambling Expansion

Del Marsh believes gambling revenues will be the way that is best to balance Alabama’s spending plan.

An Alabama casino gambling bill narrowly passed through committee week that is last giving the legislation the chance to be heard by the full State Senate.

The bill, known as SB 453, passed through the Tourism and Marketing Committee by a five to three vote on Thursday.

The bill is made to help produce new income for the state in two ways.

First, it could develop a state lottery that would be regulated by the Alabama Lottery and Gaming Commission.

Bill Would Allow for Four Gambling Enterprises

Perhaps more dramatically, that commission would also be charged with overseeing the introduction of casino gambling in the state.

Such operations is permitted at four horse racing tracks through the entire state, the very first time casino games like slots, blackjack, along with other table games will be allowed in the state.

The bill, which would amend the state constitution, ended up being introduced early in the day this by Senate President Del Marsh (R-Anniston) month. He said that with all the continuing state requiring an influx of revenue, he would rather see that money come through legalized gambling than via a tax increase.

‘This is a huge piece of legislation, a very piece that is controversial’ Marsh said at a public hearing regarding the bill held Tuesday. ‘But I think it is an option which should be put there as a choice to help decide to try to resolve some associated with the spending plan problems in this state.’

Many Skip Electronic Bingo Casinos

During those hearings, there was impassioned testimony from all edges regarding the problem. Many people spoke of wanting to see the return of video gaming to facilities that once had it, before so-called electronic bingo casinos were shut down in the state following an Alabama Supreme Court ruling year that is last.

‘I’ve seen hardworking that is good doing without, getting close to hungry,’ stated Macon County hardware shop owner Brent Thomas, who said that his area was in fact hurt tremendously by the closure of the VictoryLand bingo casino.

Meanwhile, others argued against any video gaming expansion, stating that most of the cash that the state made through the games would be coming from the indegent.

‘It is just a income tax,’ said Joe Godfrey, executive director for the Alabama Citizens Action Project. ‘It’s a tax on the poor. It preys on the social people who can least manage to pay it.’

Indigenous American Casinos Active in State

Still others noticed that there was already gaming in the continuing state, due to the fact Poarch Band of Creek Indians already operate three casinos with electronic bingo machines in Alabama.

That, Marsh said, suggested the decision had beenn’t between having gambling or not, but instead whether the state would gather income from the gambling that was occurring.

When it comes to Poarch Band, they do say that the bill that is newn’t contain enough rules about exactly what would be allowed during the race tracks where gambling would be allowed, which may leave loopholes that operators will attempt to exploit.

‘It’s like handing your teenager a credit card with no rules attached and then being astonished when you have a bill that looks like the Alabama budget deficit,’ said Robert McGhee, treasurer associated with the Poarch Band of Creek Indians Tribal Council. ‘It’s a backwards thinking that opens the door to practices that are potentially irresponsible could be hard to rein in after the fact.’

The bill would enable for casino gambling at battle songs in Birmingham, Macon, Mobile and Greene County. Proponents say that gambling expansion could create over $400 million in new revenue and 11,000 jobs for hawaii.

In order to approve change to the state constitution to permit for gambling, three-fifths of the legislature would have to straight back the bill, as would a bulk of voters in a situation referendum.

New Version Of Connecticut Casino Bill To See Voting This Week

The Mohegan Sun is 1 of 2 gambling enterprises in Connecticut wary of new competition from Massachusetts and New York. (Image: MoheganSun.com)

Connecticut desperately really wants to find a method to battle back contrary to the coming casino expansion in Massachusetts and New York.

This week, it seems as though the state Senate will start thinking about a bill that would do just that.

A new version of the Connecticut casino bill is slated to be voted on by hawaii’s Senate, and allows the state’s two casino operating Indian tribes to develop a brand new resort to get along side the two they already operate.

The bill generally seems to be much smaller than in earlier versions: rather compared to a bill that is 16-page had been previously under consideration, The Hartford Courant says that a working draft associated with the brand new legislation is merely 75 pages long, or around three pages.

First Variation Allowed for Three Gambling Enterprises

In earlier incarnations of proposed casino legislation, Connecticut may have allowed for up to three casinos that are new be operated by the Mashantucket Pequot and Mohegan tribes, which operate Foxwoods and Mohegan Sun, respectively. Within the newest version, only one extra casino is allowed.

That new casino could potentially be built any place in the state, and the bill outlines a process that would permit the two tribes to talk to towns enthusiastic about making proposals to host the facility.

However, it could be located someplace into the I-91 corridor north of Hartford, where it might potentially restrict the loss in gambling revenue that could be brought on by the upcoming MGM Springfield in Massachusetts.

There have currently been several towns in that area that have expressed an interest in attracting a casino. Possible suitors could include East Windsor and East Hartford, among others.

Massachusetts Casinos Could Eat Into Income

Both Mohegan Sun and Foxwoods are gravely concerned about the possible impact associated with Massachusetts gambling enterprises, which in turn concerns lawmakers, as the state stocks in the slot machine revenue at both resorts.

At one point, hawaii made just as much as $430 million from that compact in 2007; that number dropped to just under $280 million in 2014, and some projections have that total falling to as low as $189 million in 2018.

Under the brand new form of the bill, last authorization for a new casino would occur until 2016, as the General Assembly would have to approve any deal that has been made between the tribes and a town or city.

‘It became clear it had to be much more of a process that is two-step’ Senate Majority Leader Bob Duff (D-Norwalk) told the Connecticut Mirror. ‘It could not be performed in one bill.’

Tribal leaders seems pleased because of the new bill, also they may have hoped for if it doesn’t provide the immediate impact.

‘ Our goal from the outset was to protect the 9,300 jobs and revenue that will be lost to competition on Connecticut’s borders, and now we believe this bill, if authorized, will supply the Mohegan and Mashantucket Pequot Tribes the capability to start to take action to take action,’ said Patty McQueen, a spokesperson for the two tribes.

However, it’s additionally possible that there could be numerous legal questions that hang over the legislation, a prospect that Connecticut Attorney General George Jepsen raised earlier this year. The bill even seems to anticipate the chance for legal challenges, saying in one area that if a court ‘holds any provision of this section unconstitutional, the remaining provisions of this area shall be inoperative and have now no effect.’

Deutsche Bank Report States New Jersey Should Open Casinos Beyond Atlantic City

The Meadowlands could be home to a casino if nj allows gambling outside of Atlantic City. (Image: John Munson/The Star-Ledger)

New Jersey has toyed with the notion of opening a casino in the northern part of the state, a move that could mark the first time casinos in the state had spread beyond Atlantic City.

That effort may get more support carrying out a report by Deutsche Bank that says this kind of casino could be what nj-new Jersey needs.

Deutsche Bank analyst Andrew Zarnett filed a report last week that took a general look at the New Jersey gaming industry, and found so it would be in the state’s interest that is best to build at least one casino in northern New Jersey, perhaps at the Meadowlands.

‘We believe that one or two casinos in north Jersey could generate well over $500 million, putting ~$275 million into their state’s coffers and hence is a smart move for the state,’ Zarnett wrote. ‘It’s good from a position that is budgetary also for Atlantic City, so long as some of those tax revenues go back in to that market.’

Talk of New Casino Intensifies

This issue of putting a casino at the Meadowlands or elsewhere in north New Jersey heated up year that is last as some lawmakers looked forward to potentially broaching the issue by the end of 2015 or in 2016.

In February 2011, Governor Chris Christie place an unofficial hold that is five-year such speaks as a way to provide the city’s video gaming industry time to enhance without the pressure of another local casino potentially cannibalizing the marketplace.

In particular, Senate President Stephen Sweeney (D-Gloucester) said last year that it could be possible to put up a statewide referendum on building new gambling enterprises elsewhere in the state in November 2015. Zarnett spoke to this possibility in his report.

‘It is our belief that the ballot question to allow gaming outside of Atlantic City could come this 15,’ he wrote november.

Voter Turnout Concerns

However, supporters of such a move might never be seeking to hold the vote so quickly. According to Sweeney, the expected reduced voter turnout in a year that is off elections could harm the measure, as voters from Atlantic City and nearby areas could be more motivated to come out and vote against it than voters from the northern an element of the state are to support it.

That could suggest holding the vote off until November 2016, whenever an election that is presidential guarantee a higher percentage of the latest Jersey adults head towards the polls. But others who are and only the casino expansion still wish to view a vote this year.

‘ We now have to do it now, so we don’t fall even further and https://myfreepokies.com further behind other states,’ said State Senator Ray Lesniak (D-Union County). ‘Atlantic City continues to decrease, and racing will continue to decline. This could well be our last possibility.’

Deutsche Bank Expects More Closures

The Deutsche Bank report also painted a grim perspective for Atlantic City’s casinos, projecting that gaming revenues into the city would fall to about $1.8 billion in 2017 due to increased gaming choices in surrounding states. That may mean further casino closures in the a long time.

‘ We would expect Taj Mahal in addition to a second Boardwalk casino to join the list of shuttered properties in the outer years,’ Zarnett published.

The report’s conclusion is straightforward, and one which supporters of a north Jersey casino will be happy to quote.

‘In summation, it’s time for brand New Jersey to push forward with plans for a North Jersey casino or casinos,’ Zarnett composed. ‘And as such, we think that the next action is a constitutional referendum this November providing approval for gaming outside of Atlantic City.’