Category Archives: Slots

New Jersey has lost once again in its bid to be the first state to introduce legalized sports betting since the government cracked down on the practice over 20 years ago. A federal appeals court said that the state law New Jersey was attempting to put into training is trumped with a federal law that outlaws the practice.

Predictable Outcome

The decision wasn’t at all a surprise in many ways. When brand New Jersey passed the newest Jersey Sports Wagering Law in 2011 after a voter referendum, it was clear that the state was set for a fight with several opposing factions. Once Governor Chris Christie signed the bill into law last year, it was only a matter of time texas tea slot free play before several major sports organizations would challenge it. Sure enough, the National Football League, Major League Baseball, National Basketball Association, National Hockey League, plus the NCAA all sued the state.

The initial case had been heard in March of this season. At that time, a federal judge stated that the state could not legalize activities betting, citing the pro and recreational Sports Protection Act (PASPA). Passed in 1992, that act officially outlawed recreations betting in all states which had not legalized the practice by January 1, 1993.

According to the continuing state of New Jersey, however, that legislation violates the state’s Continue reading →

For whatever reason, in Asian and Russian countries, they like to zone their casinos off. Everything needs to be in a designated ‘economic zone,’ perhaps showing that most things in these national nations are not meant to make big money, at the least not if they’re legal.

New Casinos on the Runway

Vietnam fits this mold, and legal gambling enterprises remain a fairly brand new concept there, and undoubtedly almost exclusively directed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile businessman that is vietnamese Hong Tuyen, listed as a CEO to look at by the Japan Times wants to create a fresh casino project via his Tuan Chau Groupand its US partners in the Van Don Administrative Economic Zone in Quang Ninh province into the northeast region of Vietnam. He also desires to get a gambling house going in Ha Long City on nearby Tuan Chau island, adjacent to a new marina that will be checking there.

If he will get ‘er done, Tuyen would be one of merely a handful of developers to crack the bureaucracy grid that has very long held Vietnam lagging behind its brethren that are asian this arena. A huge sticking point for many casino investors was the significantly odd dictum by the Vietnamese government that a the least US$4 billion be focused on any projected resort-casino plan; a quantit Continue reading →

Over the decade that is past Macau is just about the undisputed leader in worldwide gambling as far as profits go. The casino hub brings in six times just as much revenue as Las Vegas, and exploded following the previous Portuguese colony was opened to foreign casino operators in 2002. The move was a resounding success, as Macau’s economy has grown by on average 14% each year over the past decade making it the fastest-growing economy on the planet.

Infrastructure Was Lacking

It appears like a success that is incredible as well as in many ways, it is often. But with all that growth centered in the gambling industry and coming at a pace that is rapid the rest of Macau yes, it exists outside of casinos didn’t have much of the opportunity to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial powers and an inability to get tasks done.

There are always a number of projects that sound great on paper which have just unsuccessful to materialize so far. Things that we in the West usually takes for granted things like a mass-transit system, a renovated ferry system, public housing projects and hospitals have all been delayed, meaning they are nevertheless years away.

‘We have actually the money, but we don’t have the welfare,’ Macao Polytechn Continue reading →