Atlanta Casino Push Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia

Atlanta Casino Push Gains Powerful Lobbyist, Golden Nugget Owner Willing to Bet on Georgia

Two identical Atlanta casino bills have been introduced to both chambers associated with the state's General Assembly, and gambling organizations over the country are readying for the fight that is legislative employing high-profile lobbyists.

It is tough to find fertile regions that are non-gaming the United States, particularly in major metropolises. An Atlanta casino bill seeks to bring gambling that is land-based Georgia, much to the delight of billionaire Tilman Fertitta.

The absolute most name that is recent join the push for casinos in Georgia is former Mississippi Governor Haley Barbour. The Republican who served two terms leading The Magnolia State has filed lobbyist paperwork in Atlanta to represent the interests of Las Vegas-based Wynn Resorts.

Barbour joining the discussion is important because of their friendship that is long with Georgia Governor Nathan Deal (R). State lawmakers have been pressing to legalize commercial gambling in Georgia for more than a year in an effort to increase tax revenue.

Deal has opposed legislation that is such the past, but recently hinted he would be open for a discussion should the casino legislation mandate that almost all the proceeds help education, and also the effect wouldn't directly harm their state's lottery system.

The Peach State sold $4.556 billion worth of lottery tickets in 2016 though Georgia doesn't currently have land-based tribal or commercial gambling, nor pari-mutuel wagering. That led to a net bounty of over $1 billion for state training programs.

Devil Went Down to Georgia

Georgia, like a lot of the southeast, is traditionally a conservative state that has been predominantly opposed to the expansion of any type of gambling.

Pew Research found year that is last 66 per cent of Georgians classify themselves as 'highly religious.' Nevertheless, perhaps surprising to some, is that a poll that is recent by the Atlanta Journal-Constitution found 56 percent of likely voters support land-based gambling enterprises.

The legislation that is current Atlanta would authorize two commercial gambling enterprises, one into the capital, and another in a smaller city. The two licenses would each cost $1 million upfront, with renewals set at $5 million yearly. Gross gaming revenue is taxed at 20 percent.

All Aboard Atlanta

It's the Atlanta location that the casino that is major want. Senate Bill 79 requires the recipient of the destination that is coveted permit to invest in an investment of at the least $2 billion.

Along with Wynn Resorts, Sheldon Adelson's nevada Sands, Penn National Gaming, Boyd Gaming, and others have all filed lobbyist personnel registrations with Georgia.

Some 40 gaming lobbyists are now actually accredited by the state, in accordance with public records.

Billionaire Tilman Fertitta, owner of Landry's and the Golden Nugget, and the host of CNBC's 'Billion Dollar Buyer,' is additionally considering Atlanta. He believes limiting the total number of gambling licenses is in the interest that is best of the state.

Atlanta is regarded as a goldmine for casino operators. The closest commercial casino resort is Harrah's Cherokee, some 170 miles away in vermont.

With over 5.7 million residents in the town's metro, and not really a slot machine or dining table game in just a couple hours' drive, the possible Atlanta casino offering is attractive for obvious reasons.

Osaka's Dreams of Casino Resort on Landfill Island May End Up Trashed

The Japanese city of Osaka is pushing ahead with a project that is ambitious build a built-in casino resort on a synthetic island in Osaka Bay.

Casinos are likely coming to Japan and Osaka wants to take the mix, but its plans for a multi-billion-dollar casino resort on Yumeshima island could be a bit of a gamble. (Image: Port and Harbor Bureau, Osaka)

Yumeshima is a landfill that is reclaimed, which the town hopes will be changed into a gleaming new casino, with hotels, shopping, arcades, galleries and a convention center, to be finished by 2024.

Another part regarding the island will be reserved for the World Exposition in 2025, bringing construction that is total to over $7 billion.

The Japanese parliament passed its Integrated Resorts Promotion bill in December, paving the method for full scale casino resorts in the united states for ab muscles first time. Japan has been called the 'sleeping giant' of casino gaming, with a prospective market worth, depending on which consultant you talk to, up to $40 billion per year.

Osaka would like to function as first player in the market. The snag that is only its plan? Well, there are always a few, actually.

Built It and They Might Not Come

First, it has yet to convince a worldwide casino developer not just to partner along with it, but additionally that Yumeshima Island is the place to build. For a start, the city would have to increase its subway system out towards the island, a procedure that could cost an estimated $600 million, with no one's quite sure who'll pick up that bill.

Osaka Mayor Hirofumi Yoshimura has assured any future casino partner that the town will pick up the tab for a 'large portion' of this expense, but it is most likely that this hypothetical partner might prefer to consider a site that doesn't come with this extra meteoric expenditure.

There is the suggestion that the Chinese high rollers Osaka dreams of attracting may not wish to take the hour's subway ride from the airport to Yumeshima, having just appeared on board their jets that are private. Maybe it will be more economical and advantageous to construct a casino closer to the airport, suggest cynics.

Support for Casinos Low

And of course, although the Japanese parliament has passed an act authorizing the regulation of casino gaming, it have not yet developed a framework of regulation. And without such a framework, the national country can't make a claim to have legalized gambling enterprises at all, yet.

There is no suggestion, either, of how licenses that are many be manufactured available, or whether Osaka is even in the running, although it is known to be among the favorites.

But the polls reveal there is little support among the Japanese populace for casinos (just 12 percent, based on one), which may cause lawmakers to temper their enthusiasm for producing licenses, at minimum to start with.

Similarly, there is certainlyn't much support that is public Osaka for the city's own casino plan. And meanwhile, the town faces competition that is strong Paris because the host of the 2025 Expo and may well lose the bid, although it won't find out until November 2018.

Osaka is gambling on eventualities that are too many state critics. And just what will the populous city do with Yumeshima, which is earmarked for commercial expansion because it was created, if the casino and Expo plans fall through?

Yoshimura told the Japanese press recently that he was not considering a 'Plan B' or 'Plan C.'

'It will just make bidding more difficult,' he reasoned.

Jeff Sessions Verified as US Attorney General, Online Gambling at Stake

Jeff Sessions happens to be confirmed due to the fact 84th attorney general associated with the United States, and for those who support online gambling, that may not be the best news.

Newly sworn in US Attorney General Jeff Sessions could present problems for online gambling, though the odds would appear to favor inaction on the latest AG's part. (Image: Andrew Harnik/Associated Press)

Following 20 years within the US Senate, the Alabama congressman assumes their brand new position in Washington, DC, just like numerous states from coastline to coast are considering internet gambling legislation. Nevada, nj-new jersey, and Delaware remain the sole three jurisdictions with some form of online betting already set up.

One of the most conservative users for the Senate during his tenure, Sessions often governs by their United Methodist faith. The religion is adamantly against gambling, the church's website labeling the practice as 'a menace to society, deadly to the most effective interests of ethical, social, economic, and life that is spiritual and destructive of good government.'

'Christians should abstain from gambling and may strive to minister to those victimized by the training,' the United Methodist doctrine concludes.

Court is in Sessions

As US attorney general, Sessions will head the Department of Justice (DOJ) and serve as the country's chief law enforcement officer and lawyer. That poses a potential problem for states like Pennsylvania, New York, California, as well as others which are currently nevertheless mulling expanding internet gambling expansion to enhance their coffers.

Last year, the DOJ issued a viewpoint on the Wire Act. The division said in a memorandum that 'interstate transmissions of wire communications that do not relate with a 'sporting event or competition' autumn outside of the reach regarding the Wire Act.' It was that move which opened the hinged door to the possibility of state-by-state legalized and regulated gambling.

Passed in 1961, the Wire Act had long been believed to block states from allowing citizens to put bets or wagers through wire transmissions. As technology evolved and the internet became commonplace, the legislation was extended to encompass online gambling.

During their Senate Judiciary Committee hearing month that is last Sessions was asked by Sen. Lindsey Graham (R-South Carolina), a devout opponent to online gambling, about his views of this 2011 judgment. Sessions replied that he was 'shocked' when the DOJ effectively rewrote that interpretation of the Wire Act.

'I did oppose (the DOJ opinion) when it happened, and it seemed to me become uncommon,' Sessions replied. ' I would revisit it and I shall come to a decision on it predicated on careful research. I haven't gone that far to provide you with a viewpoint today.'

Though it would appear unlikely that Sessions would focus enough time on internet gambling when more pressing problems are unquestionably abundant, his comments last month will nevertheless cause plenty of unrest among the online video gaming community.

Senate Split

Sessions obtained his legislation degree from the University of Alabama in 1973, and served as his state's attorney general from 1995 to 1997.

While Republicans are thrilled after eight years to finally have conservative back in the most powerful legal workplace in america, Sessions' appointment is certainly not without controversy.

The Senate's confirmation was mainly along party lines, with the final tally coming in at 52-47. Senator Joe Manchin (D-West Virginia) was the lone Democrat who lent his support for the incoming attorney general.

Britney Spears Does It Again, as Vegas Residency Eclipses $100 Million in Revenue

Britney Spears wasn't lying when she said everyone wants a 'Piece of Me.' Her appropriately known as Las Vegas residency show, according to revenue figures given by Caesars and first reported by Billboard, has now passed the $100 million market as a whole ticket sales.

Britney Spears' nevada residency show has pulled in over $100 million in gross sales. (Image: Denise Truscello/Getty Images)

Dating back in to her residency that is first performance Planet Hollywood in December of 2013, more than 700,000 tickets have actually been sold to eager fans. More specifically, Caesars claims that through to January of the year, 710,418 tickets have been sold, producing revenue of $103,399,634. That means a ticket that is average of $145.54.

Spears' vegas show is dark for now, until the lights come straight back on in late March. Thirty shows are already scheduled, with an increase of likely on the means.

But the pop icon still has a how to go before she can phone herself Las Vegas' biggest headliner. Celine Dion remains the champ that is undisputed Sin City. She's performed over 1,000 shows dating right back to 2002, and has generated over $650 million in residency revenue.

Profit for Caesars

Very little happens to be going right within the last years that are few Caesars Entertainment. The gaming that is vegas-based filed for bankruptcy in January of 2015, and just recently emerged from liquidation after reorganizing and splitting its holdings into various entities.

Planet Hollywood is beneath the Caesars umbrella, and represents a spot that is bright the company's balance sheet.

The gaming mecca is currently into the midst of undergoing an unofficial marketing that is fresh to attract a brand new demographic to Sin City: the millennial. Throughout her three years at Planet Hollywood, thousands of fans have descended on Las vegas, nevada who probably would have otherwise remained away without the draw of Spears.

Names like Dion and Elton John continue to draw crowds that are huge but it's an adult audience which has long been coming to the Strip.

Caesars is focusing on the 20 and 30-something crowd by hosting younger residency acts. When Spears took time removed from her show, Planet Hollywood welcomed Jennifer Lopez inside her place.