August 6, 2010

Gambling Bill Not Dead in Massachusetts


The gambling bill just will not die. Days after the measure appeared to be deadl, some Beacon Hill lawmakers are discussing ways to revive it, now that the Legislature appears likely to return to formal session to spend an unrelated infusion of federal Medicaid and education money.

We'd like to encourage our representatives to take some time, remove the slot parlor crap, and pass the bill.

Via The Boston Globe

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July 30, 2010

Mass Governor Close to Signing Casino Bill


It looks like the end of the month and session is here to decide on casinos in Massachusetts, and now the governor is backing down on no slots at racetracks. I'm not sure why he thinks that would be a bad idea, given the tracks are already gambling places. We'll see how this turns out in the next 24 hours.

In a significant shift in his public position, Governor Deval Patrick said this afternoon that he would sign a casino gambling bill with one slot parlor and three full-scale casinos if legislators agreed to break a "logjam" on other unrelated measures.

Patrick has previously said he opposed slot parlors at racetracks and reiterated Wednesday that they would not provide as much economic benefit as full-scale casinos. But, in challenging the Legislature today, he said he was willing to accept one slot parlor if it was competitively bid and the process was transparent, provided legislators move about a half dozen bills -- including some related to crime, health care costs and economic development -- in the final 48 hours of the session.

Via MetroDesk - The Boston Globe

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July 23, 2010

Mass Gov Pushes Casino Bill - Will it Pass?


Just not sure at this point if we're going to see a casino bill pass this July in Mass. Gov. Deval L. Patrick said Thursday that legislators should approve a casino bill that he can support or one that can withstand a veto, but he emphasized he wasn't threatening a veto. How about trying to get this thing done and get some jobs for Mass citizens?

"As they work through their differences, they also know they're going to have to either get something to me that I can support or they're going to have to send something to me with a veto-proof margin," the governor said.

"Now, we're not at the point of threatening a veto because they're not at the point of agreement," he added.


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July 16, 2010

No Go on Waterfront Casino In Boston


Stephen Wynn of Las Vegas has his eye on the Boston waterfront for a casino, but the Hub Mayor Thomas M. Menino said he would not support it. The mayor insisted that Suffolk Downs, which has proposed a $600 million betting complex, is the right place for the city’s first resort-style casino, saying it has been a gambling establishment for 75 years.

Maybe before fighting over where the casinos would be, the senate and house might want to pass a bill allowing it? Maybe this is all show, and we're on our way to casinos in Mass but it seems unlikely this year or next given the current debate.


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July 9, 2010

Casinos In Mass Being Discussed in Secret


Well - almost in secret. It seems to get the final bill done, they've locked out the naysayers and are wrapping stuff up behind closed doors.

A legislative conference committee was working behind closed doors last night to make a deal that would allow casino gambling in Massachusetts.

One member of the conference committee, Senate President Pro Tempore Stanley Rosenberg, D-Amherst, said keeping the talks private would be the best way to produce a compromise.


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June 25, 2010

Casino Coin Chips Display Case Cabinet


Handcrafted in solid furniture grade beech hardwood with elegant furniture finish, the brass hardwares and felt fabric background create a stunning display. A glass door keeps inquisitive fingers away, as well as dust.

At Casino Coin Chips Display Case Cabinet Holder w/ Glas

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June 18, 2010

Mass Senate Ready to Pass Casino Bill


Even more news on the casino front here in Massachusetts - and it looks like the bill this time does not guarantee an Indian tribe get one of the casinos.

Massachusetts lawmakers are estimating three proposed casinos would generate up to $1.8 billion in gambling revenues each year and add 12,000 jobs to economy.

Massachusetts would receive a quarter of those revenues -- up to $450 million a year -- under a bill released by the state Senate Friday. In a major change from an earlier version, one of the three casinos would no longer be guaranteed for an Indian tribe.


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June 11, 2010

Nevada Casino Winnings Down 5.7% in April - Yuck


That's right folks - things are still down in Vegas. COME ON PEOPLE - Gamble! Hehehe. Regulators say monthly casino winnings in Nevada decreased 5.7% in April, to a little more than $810 million, compared with the same month a year ago.The state Gaming Control Board reported Wednesday that state tax collections based on those winnings was just under $40 million, or 23.4% less than last year.

More at Nevada Casino Winnings Down 5.7% in April

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June 4, 2010

New Jersey Lawmakers Open to More Online Casinos


Yeah - it's about time people realized the online gambling space and money is just being sent overseas where we could all benefit from the money and tax revenue here in the US.

New Jersey lawmakers are considering a measure that would allow Garden State residents to make online bets on Atlantic City's casino games. Senate Wagering and Tourism Committee Chairman Jim Whelan says more than 500,000 people in New Jersey already play poker on the Internet.

“This is an attempt to regulate what is already taking place in the state,” says Whelan, “generate some revenues for the state, and do it through the Atlantic City casinos so that hopefully they will be able to have some profit by it.”


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May 28, 2010

Poor People Spend 9 Percent Of Income On Lottery Tickets and Keno


Is this really a surprising number? When you have so little, you gamble a bit to think about getting rich, and well it leads to poor tracking of how much you spend right? Right.

The study neatly illuminates the sad positive feedback loop of lotteries. The games naturally appeal to poor people, which causes them to spend disproportionate amounts of their income on lotteries, which helps keep them poor, which keeps them buying tickets.

Via The Consumerist

At Frontgate

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