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Nebraska Racetracks Launch Push for Casino Gaming

By February 26, 2020 No Comments

Nebrask<span id="more-6615"></span>a Racetracks Launch Push for Casino Gaming

The time that is big The bright lights of Walthill, Nebraska, one of the state’s really few casinos.

An endeavor to legalize casinos at Nebraska race tracks is underway, spearheaded by a group calling it self ‘Keep the amount of money in Nebraska.’

The corporation, as its name suggests, argues that gambling money should stay in Nebraska rather than flowing east to Iowa, and that casino expansion is necessary to save the state’s stricken horseracing industry.

The team has submitted a petition to state lawmakers for approval and really wants to begin collecting signatures because quickly as feasible.

A sufficient quota of signatures would force a referendum that is public allowing Nebraskans to vote in the issue of casino gaming for the very first time in its history.

Nebraska currently has a number of little, underwhelming Indian casinos, such as the Lucky 77 Casino in Walthill (pictured).

80,000 Signatures Needed

A survey recently commissioned by Keep the Money in Nebraska found that 58 percent of Nebraskans support expanded gambling.

The group would need signatures from at least 7 percent of the state’s registered voters, or around 80,000 people to take the issue to ballot.

The group is led by Ho-Chunk Inc, the development that is economic of the Winnebago Tribe of Nebraska. Ho-Chunk owns the Atokad Park racetrack in South Sioux City, which closed down in 2012 after 60 years of racing.

‘Our goal is to create development that is economic Nebraska, create both direct and indirect jobs, and keep a number of the money that has been dripping to other states,’ Lance Morgan of Ho-Chunk Inc. told ( maybe not an online poker site) this week. ‘We do not think we are going to have any trouble getting signatures,’ he added.

The Horsemen’s Benevolent & Protective Association and Omaha Exposition & Racing are also behind the push.

$400 Million A year goes to iowa

The state’s competition tracks have seen a constant slide in revenues since Iowa legalized casino gambling in 1989.

The pro gambling lobby claims that up to $400 million a year in Nebraska money is goes to Iowa casinos, and legalizing video gaming at Nebraska racetracks could bring between $60 million and $120 million into state coffers.

In 2014 lawmakers voted to have the presssing issue place before voters but this was overruled by the Nebraska Supreme Court.

Earlier this year an effort to have hold’em poker (although, curiously enough, not Omaha) legalized and named a game of ability failed to achieve any traction in the state legislature.

‘It’s my viewpoint that a number that is large of still don’t help casino gambling,’ said State Senator Beau McCoy (R-Omaha). ‘Some may enjoy gonna surrounding states to casinos as an activity that is recreational but at the end of your day, they don’t want it inside their home state.’

New Jersey DGE Grants Seal of Approval to Authorized sites that are iGaming But Controversy stays

This new Jersey DGE stamp: authorized on-line casino operators in New Jersey are now displaying a seal of approval from the state’s Division of Gaming Enforcement, the attempt that is latest to guard players within the Garden State. (Image:

The New Jersey DGE, hawaii’s gaming enforcement unit, has released a seal of approval declaring that a given gaming website can be an accredited and sanctioned network that is online players.

Accompanied by a die, the emblem reads, ‘DGE nj-new Jersey Division of Gaming Enforcement, Licensed & Regulated,’

‘ All sites authorized to offer Internet gaming in the continuing State of New Jersey will display this logo design,’ the DGE stated.

Line-toers in the industry had requested such a seal, citing frustration among residents in the Garden State that challenge to ascertain whether a site is allowed by the DGE. And as the blaze could help alleviate those issues, many believe the public is not familiar enough with the DGE for the presssing problem to be completely remedied.

Too Numerous Signs

The DGE hopes its brand new badge will relieve concerns residents might have when trying to verify a site’s legality. But with most regulated gambling internet sites already including a profusion of logos on the pages, the stamp that is new get lost in the shuffle, so to speak.

From the deposit that is many withdrawal options, to ’21 and older’ age designation icons, to the National Council of Problem Gaming (NCPG) insignia, operators feature a good amount of logos on the homepages.

A few sites also list badges confirming ‘safe and fair play’ operations, attesting that random number generation and probable outcomes are being produced.

There are currently 17 authorized online gambling sites for New Jerseyans managed by Borgata, Caesars Interactive Entertainment, Golden Nugget, Resorts, and Tropicana. If users aren’t on one of those sites that are gaming they’ren’t playing on a legalized system.

Accountability Paramount

Aside from the DGE wanting to help relieve player issues on network legitimacy, the department has also produced effort that is concerted combat problem gambling. That has been among New Jersey Governor Chris Christie’s vital issues when the state first legalized casinos that are online 2013.

In addition to posting the DGE Licensed & Regulated stamp, operators must display gaming that is responsible for patrons and properly train workers that have direct contact with consumers to identify addicted bettors.

‘Among the states with legalized Web gaming, nj’s regulations are the most clearly directed toward aiding consumers in making informed choices about their gambling behavior and advertising gambling that is responsible’ the Center for Gambling Studies at Rutgers University said in a statement, showing that the collection of moves might help get third-party endoresments of sorts for Garden State ‘sealed and official’ sites.

In August, DGE Director David Rebuck updated employee that is iGaming to mandate those who directly connect to consumers must undergo adequate preparation to ‘recognize the character and symptoms of problem gambling behavior and how to aid players in getting information regarding help for a gambling issue and self-exclusion.’

The general theme in both the DGE seal of approval and expanded worker training is player security. New Jersey lawmakers seem to be under the impression that online gamblers are more inclined to face problematic behaviors than those at conventional land-based casinos.

‘A quantity of studies have actually reported higher rates of issue and disordered gambling among Internet players,’ the middle for Gambling Studies stated, before admitting it is ‘difficult if not impossible’ to decisively say which medium is preferred the type of susceptible to gambling dependency.

Vegas Culinary Workers Union Launches Anti-Station Casinos and Deutsche Bank Radio Spots

Las Vegas cooking union members protest against Station Casinos: Local 226 is demanding a suitability hearing for Deutsche Bank, which has 25 percent of Station Casinos. (Image:

The Las Vegas Culinary Workers Union Local 226 has launched an area radio campaign in Nevada attacking Deutsche Bank, a major shareholder in Station Casinos, over its participation with all the Libor rate-rigging scandal.

Deutsche Bank had been forced to pay for an unprecedented $2.5 billion fine investigations that are following authorities within the UK and US, which judged that at least seven for the bank’s employees were accountable of manipulating Libor prices.

Libor, which appears for the London Interbank Offered Rate, basically measures the cost of inter-bank financing, and sets out the rate that is average spend to borrow in one another. It’s used as the foundation for everything from trillion-dollar loans to mortgages, credit cards, and student loans.

Of course, the rates banks pay to borrow money affect how much they charge customers for loans and mortgages, if these prices are manipulated to make certain that the expenses for the banks get up, this means the cost clients spend additionally rises.

Suitability Hearing

The UK Financial Conduct Authority has said employees at Deutsche Bank had a ‘deeply ingrained’ culture of ‘generating profits without appropriate respect towards the integrity associated with the market,’ and Local 226 now wants to know just how much of Station Casinos’ revenue is certainly going into settling Deutsche Bank’s fines.

The culinary workers’ union, which could be the biggest in Las vegas, nevada, representing around 6,000 chefs, cleansers, bartenders, cocktail waitresses, porters, along with other casino staff, is demanding that Deutsche Bank be called forward for a suitability hearing and has written a letter to Nevada Governor Brian Sandoval t0 that effect.

While Deutsche Bank owns 25 percent of Station Casinos LLC and its own 19 casinos in Nevada, this has not gone through the licensing process by Nevada regulators, the union complains.

‘The Gaming Commission has always maintained a standard that is high it comes to licensing casinos,’ stated Geoconda Arguello-Kline, the union’s secretary-treasurer. ‘It is unthinkable that Deutsche Bank, the parent company of a felon, is allowed to benefit from the ownership in Station Casinos without being licensed.’

Bigger Picture

Needless to say, the idea that Deutsche Bank, certainly one of the planet’s major monetary institutions, is paying its fines through the pay packets of Local 226 employees is a stretch of the imagination.

The truth is, the union includes a beef with Station Casinos and has been at loggerheads with the business for decades over a number of issues, ranging from improved health benefits to wage increases, and has thus far neglected to organize its employees with the company.

Recently it went so far as to oppose an ‘irresponsible’ water fountain at the headquarters of the Ultimate Fighting Championship, which can be owned by Station Casino bosses, the Fertitta brothers.

Last year, Local 226 had proposed major pushback action at ten downtown casinos, including Station properties, but a strike had been ultimately averted during the last minute.

It was the time that is first union had demanded industrial action since 1984, when people of five unions picketed the Frontier Casino for six years.

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