Scenic Orange County is the area that is most-prized the battle over ny State casino licenses.

Scenic Orange County is the area that is most-prized the battle over ny State casino licenses.

In the event that you want to operate a casino in New York State, you’re going to need to compete against some real heavyweights to do therefore. Major casino firms including Caesars Entertainment, the Genting Group and Penn National Gaming are among 17 applications that have been received by this new York State Gaming Commission within the race for up to four available licenses in the Empire State.

A total of 16 organizations are now involved in the licensing, as Genting was responsible for two regarding the applications. All three of the available licensing areas are being contested, though it’s clear that some regions are considered more lucrative than others.

Competition Focused into the Catskills

As expected, the Catskills-Hudson Valley region will see the fiercest competition. Nine associated with the proposals are located in this area, where Orange County is seen as the best location near New York City available to developers. Interested companies include Caesars, Genting, Penn, and Empire Resorts.

Caesars, for example, has proposed building Caesars nyc in Woodbury, a city in Orange County. Inside their 6,000-page application, Caesars proposed building an $880-million casino resort in the town that is sleepy located about 50 kilometers north of New York City.

‚ We have an opportunity that is tremendous bring the Caesars brand to New York State and produce a world-class „Scenic Orange County is the area that is most-prized the battle over ny State casino licenses.“ weiterlesen

Japan Casino Legislation Debate Begins in Earnest

Japan Casino Legislation Debate Begins in Earnest

The Diet that is japanese began whether to legalize casino resorts this week. (Image: The Japan Times)

At times it has felt unavoidable. At others, delays threatened to wait forever. But finally, it appears as though the parliament that is japanese taking up the issue of legalizing casino gambling in their nation in earnest, as debate on the problem started earlier this week.

It’s a bit too belated for almost any casino bill to pass into law during the present session of the Diet, or parliament. The legislation is only now being debated in the lower home, and with the conclusion associated with the session coming on June 22, there’s simply not the time for the bill to work its way through both houses for passage.

Debate Should Lay Foundation for Passage

However, bringing the bill up for debate is a major step in the legislative procedure, plus it’s most likely that this will result in the bill being adopted once more in the autumn session.

‚ I want to pass it in the low household the next session of parliament, then enact it without fail in the house that is upper‘ said Liberal Democratic Party member Hiroyuki Hosoda, who leads the group looking to legalize casino resorts in Japan.

Japan is seen by many in the gaming industry as the one final major untapped market for casinos on the planet. Addititionally there is an appetite for casinos among numerous in the country, whom see them as a potential method for boosting tou „Japan Casino Legislation Debate Begins in Earnest“ weiterlesen

Massachusetts Casino Repeal Question Approved by Court

Massachusetts Casino Repeal Question Approved by Court

Massachusetts State Attorney General Martha Coakley opposed the repeal concern, but says she welcomes allowing the voters to truly have a voice on the problem. (Image: Boston Globe)

In Massachusetts, casino companies have faced a series of battles in order to build resorts in the state. There have been town-by-town campaigns to win over local communities, plus in the scenario of the higher Boston area, a fierce competition for only one license. Now, operators will need an additional challenge ahead of these before they can sleep easy: a statewide repeal vote that could end casino gambling in Massachusetts before it starts.

The Massachusetts Supreme Judicial Court ruled that voters will be able to see the casino law repeal question on a November ballot, potentially rolling back a 2011 law that legalized casinos in the state tuesday. That move leaves potential casino operators in an awkward position, as they may get licenses, but maybe not know until later this year whether they can actually do any such thing with them.

Unanimous Decision Puts Question on Ballot

The court reached their decision unanimously, pointing out that supporters of the repeal had succeeded in gathering more than enough signatures to put the question on the ballot. The work was in fact opposed by Massachusetts Attorney General Martha Coakley, now a Democratic candidate for governor, whom rejected the question last year it could violate the propert „Massachusetts Casino Repeal Question Approved by Court“ weiterlesen