Inside Gaming: Las Vegas Club Shutters After Being Sold, a NY iPoker Hearing & More

This week’s Inside Gaming takes a look at the closing of one of Vegas’ oldest downtown casinos, an online poker hearing in New York, and more.

Sourced through Scoop.it from: www.pokernews.com

 ‘I’m bringing in Caesars and MGM plus all of my casinos, racinos and OTBs (‘off-track (horse-race) betting’) ; We’re going to have a discussion on the pros and cons of moving the legislation.’ • State Senator John Bonacic, chairman of the state Senate Racing, Gaming, and Wagering Committee

 

Sen. John Bonacic introduced the poker-only S. 5302 bill back in May (2015); seeking  to license online-poker and revise the (NY) state’s gaming-code language. If (when) passed, the bill will allow up to 10 Internet poker-licenses, with the state (NY) slated to take 15 % of a site’s gross-gaming revenue in taxes.

 

Given the lackluster poker-only numbers coming out of Nevada and Delaware (where only online-poker (and not other casino games such as Baccarat, Keno, Roulette and Slots) is allowed)’ many expect the aforementioned-stakeholders to push for the inclusion of online casino-games, which currently account for more than 80% of New Jersey’s monthly online gaming-revenue.

 

‘If you reside in the Empire-State, be sure to let your state lawmakers know you want them to support this bill (S.5302)’ • Poker Player’s Alliance 

See on Scoop.itiLife

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