Casino forum archive

Manne wrote: If Pennsylvania's going to allow online gambling and regulate fantasy sports betting, brick-and-mortar casinos want a piece of the action, gaming industry officials told state lawmakers Wednesday.
In-state casinos are employing Pennsylvanians and investing millions in construction projects, industry leaders said. So, their argument to a state House committee went, drafting online gaming rules to allow them to lead that segment of the industry would benefit the state.

"We'd just like to make sure the casino industry is allowed to participate and at least play by the same set of rules," said Donn Mitchell, chief administrator of Isle of Capri Casinos, which manages a casino at Nemacolin Woodlands Resort in Fayette County.

The comments came during a hearing of the state House's Gaming Oversight Committee at Valley Forge Casino Resort.

The committee heard from officers with the two casinos, the only ones designated as resort casinos by the state. Casinos of that class are smaller and must be attached to a pre-established resort.

The hearing comes as lawmakers consider allowing casinos to expand their games and debate whether to allow slots terminals in taverns, social clubs and off-track-betting parlors.

Legislators are also considering allowing online gambling licensed through casinos. And the state is among several considering whether to regulate "daily fantasy sports" websites, such as FanDuel and DraftKings. Such sites allow players to compete in predicting players' performances during a given game.

A similar hearing is planned for today at Parx Casino near Philadelphia.

With a 54 percent stake in gaming revenue, the state has an interest in casinos' success, said Rep. John Payne, a Dauphin County Republican and the committee's chairman.

Pennsylvania casinos face fierce competition from out of state, he said. And neighboring states, including New Jersey, which lost gaming business to Pennsylvania, are pulling out all the stops to lure customer back.

So he said, it's important that Pennsylvania help its casinos stay competitive when it comes to regulations and expenses.

"So many people think: 'We ate Atlantic City's lunch, it's all over,'" Payne said. "Well trust me, Atlantic City's not going to just take this."

Casino officials said they see opportunity in being able to license online gaming and fantasy sports. But they were adamant that expanding slots to other sites would cripple their business.

"Our customers go where it is easiest for them to get the gaming product that they're looking for," Mitchell said.

Both casinos said they'd be OK with slots in off-track facilities as long as they're not permitted within 50 miles of a casino. But they were opposed to slots in bars.

Rep. James Santora said many bar owners are looking for a way to compete with casinos, which they believe cut into their business by offering free drinks at facilities that allow smoking.

"They need help as well and we've got to reach some type of agreement to help those folks as well," the Delaware County Republican said.

And the committee's ranking Democrat, Rep. Nick Kotik of Allegheny County, said casinos shouldn't worry because many bars will be deterred from slots by the associated red tape.

Casino officials also aired some gripes about state policies, specifically recently announced increases in regulatory fees and a proposal to tax the free slots play casinos offer to attract visitors.

Cutting into casinos' bottom line means less investment and fewer jobs, they said.

"As we get squeezed and as our revenues start to decrease, we're going to have to make some tough choices," said Jim Rigot, Valley Forge casino president.

They also asked lawmakers to remove a requirement, specific to resort casinos, that customers spend at least $10 on site to be eligible to gamble. That set-up was drafted with good intentions, they said, but has resulted in logistical nightmares and angry customers who don't return.

Contact Liam Migdail-Smith: 610-371-5022 or [email]lsmith@readingeagle-com[/email]. - See more at: Casino operators on online gambling: Deal us in | Reading Eagle - NEWS

Manne wrote: Poland plans to include legal online slots in its revamped gambling laws but there’s still no confirmation on giving locally licensed gambling operators a badly needed tax break.

On Monday, Poland’s Ministry of Finance dropped its latest hints about overdue revisions to the country’s gambling laws, which include allowing Polish-licensed online operators to offer online slots, provided they toe the line regarding responsible gambling protections for consumers.

The Ministry of Finance also plans to authorize land-based slots, but these “have to be covered by the state monopoly performed by a designated entity.” The Ministry notes that slots are “extremely addictive” and thus their use will be confined to “dedicated areas under control.”

The plan to authorize online slots play contradicts last week’s public comments by Deputy Prime Minister Jaroslaw Gowin, who claimed verticals like sports betting and poker were less socially harmful than “hard gambling” products, which he defined as including slots and other “casino games.”

The Ministry’s latest communication did adopt one of Gowin’s proposals, namely, loosening restrictions on poker. The Ministry says it will authorize online poker as well as land-based poker games outside their current confines in the country’s casinos.

While liberalizing the options available to Polish-licensed online operators, the Ministry intends to beef up enforcement efforts against international operators serving the Polish market, primarily by the standard IP- and payment-blocking mechanisms. The Ministry also threatens “more severe consequences” for operators who continue to flout the law.

Left unsaid in the Ministry’s update is the status of expected changes to the country’s gambling taxes. At present, betting operators are subject to an onerous 12% tax on turnover, while Gowin’s press conference last week suggested a 20% tax on gross gaming revenue would be applied to all gaming verticals.

The Ministry did say it expects its new gambling regime to take effect on January 1, 2017. In the meantime, the revisions have been submitted to various other branches of government for their approval.




Poland To Authorize Online Slots and Poker | Online Gambling News : CalvinAyre-com

morten wrote: New measures to combat organised crime have been announced by the UK Gambling Commission. These will be implemented later in 2016. I think that US will take the same step.

Manne wrote: New Jersey has made it mandatory for online gambling providers to partner with land based casinos in order to obtain a gaming license in the garden state. State Assemblyman Ralph Caputo who is the chief sponsor of a new gaming bill, has included a clause where online gambling providers must clearly advertise the branding of their land based casino partnership on all marketing materials as well as their websites.

The bill was reviewed by the Assembly Tourism, Gaming and the Arts Committee last week and went through quickly after receiving a 6-0 vote. Caputo has been a fierce opponent of the online gambling industry and campaigned hard for New Jersey not to allow online gambling. The Assemblyman also went after PokerStars as he did not want the brand to be given an online gambling license based on its past history but in the end the New Jersey Division of Gaming Enforcement (DGE) approved PokerStars license and the brand is now the leading online provider in the state.

Atlantic City’s land based casino industry has declined significantly during the last decade and Caputo believes that a combination of legalizing the online gambling industry and competition from neighboring states have caused a steady decline in Atlantic City casino revenues.

In a statement, Caputo said “People are not going to Atlantic City because they’re betting on the Internet. So they’ve lost more patrons, more room occupancies. I think [online gambling] was really counterproductive. It was intended to help Atlantic City, and I don’t think it did. Because whatever they gained they lost on the other end.”

The collapse of Atlantic City’s casino industry has also brought the city to the brink of bankruptcy. New Jersey recently sanctioned a bailout package for the city to get its finances in order. Caputo believes that his new bill will help to promote and boost Atlantic City’s casinos. However he is also pushing for a new referendum that goes to vote in November that will allow two casinos to be built in North Jersey. Should the referendum be approved, the two new casinos would give Atlantic City $200 million for a limited period. Fitch Ratings recently released a report stating that the move could prove to be counter-productive as the two new casinos in North Jersey could end up hurting Atlantic City’s casinos.

Caputo has also indirectly favored online gambling sites in New Jersey by introducing the mandatory advertising of land based casinos as online gamblers in New Jersey will be able to easily distinguish between licensed and un-licensed operators in the state due to the extra push for visible branding.





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