Not on his watch: Texas Governor Greg Abbott offers a resounding ‘no’ to online gambling.
Texas officials must stop their line of inquiry into legalizing online gambling, Governor Greg Abbot said this week.
In a letter to the Chairman associated with Texas Gambling Commission, Abbot said that a state prohibition on gambling expansion is in destination to protect citizens and he ‘supports it wholeheartedly.’
Abbot’s veto comes in light of news that the state regulator was collecting information on the feasibility of adopting new gambling games in Texas, in particular sports betting and daily fantasy sports. In October, commission professional manager Gary Grief joined up with staff on a mission that is fact-finding Delaware to examine the state’s online gambling operations.
‘In light of constant pressures that are external expand the footprint of gaming in Texas, it is prompt and necessary that we offer way on prohibiting all such expansions without express authorization and direction by the Texas Legislature,’ published Abbot in a page dated November 9, 2015.
‘Please ensure this direction and intent is strictly enforced one of the staff of this Texas Lottery Commission.
Please additionally notify the administrator staff and director that any request to journey to gather details about gaming possibilities which can be prohibited in Texas is denied.’
Gambling in Texas
Beyond the parimutuel betting at horseracing and dog songs plus the state’s one Indian casino, the only types of gambling presently legal in Texas would be the state lottery, charitable bingo and raffles.
Even the lottery, which produces $2.2 billion every two years for public education, is under danger and its abolition was debated in where is casino royal in vegas the legislature every year since its 1991 inception.
In 2013, lawmakers voted by 81-65 to scrap the lottery, before realizing that plugging that $2.2 billion hole with raffles and bingo may be a stretch of the imagination.
A hastily assembled ballot reinstated it.
Opposition in the Legislature
The theory of gambling expansion does not stay well with the conservative and Christian sensibilities of a part that is large of legislature, and a bill to liberalize gambling this year ended up being summarily quashed.
‘Though we possibly may not offer these games, you want to be knowledgeable of the industry in order that we possibly may act as a resource to the legislature should they decide to think about these other forms of gaming,’ Texas Lottery spokeswoman Kelly Cripe said of the reasoning behind the present objective to Delaware.
‘As we carry on our mission to create revenue for Texas, we are very mindful and respectful that it may be the Texas Legislature that sets policy.’
However, this Cripe told the Dallas Morning News that her organization would adhere to the governor’s wishes week.
Fontainebleau Resort Goes on the Market for $650 Million
Carl Icahn, who’s prepared to offer the house he rescued from bankruptcy for a $4 million revenue. (Image: businessinsider.com)
Fontainebleau, the big, committed $3 billion Vegas Strip megaresort that never ever was, is up for sale.
Carl Icahn, the billionaire raider that is corporate rescued the unfinished project from bankruptcy in 2010, is asking $650 million for the property, based on CBRE Group, which has been hired to broker the deal.
The one caveat for potential purchasers: you will have to finish building it yourself.
Fontainebleau was one of several huge developments conceived before the global economic downturn of 2008 that were devastated whenever recession hit during the construction stage. The tower was never ever completed, and the resort remains only 70 percent complete.
Fontainebleau had grand tips: named for a magnificent French chateau that was once home to the kings of France, its tower would, at 730-feet, end up being the tallest in Vegas.
But, like Revel in Atlantic City, no project better symbolizes the financial crash that ravaged the casino industry from 2008 to 2011, during which time vegas was famously dubbed ‘Ground Zero of the financial downturn.’
Work started on the property in 2007. Developers Fontainebleau Resorts of Miami, invested $2 billion before being forced into Chapter 11 bankruptcy, as lenders, spooked by the economic depression, bailed on the project.
In April 2009, Bank of America and JP Morgan Chase, canceled $770 million in construction capital.
But Vegas is now on the up, and Ichan clearly believes that Fontainebleau is no more a doomed folly to economic shortsightedness, but an exciting investment opportunity.
‘we think Las Vegas nevertheless has a fair quantity of room to run,’ said Icahn, who paid around $150 million for Fontainebleau. ‘But I’d rather offer it than take enough time and energy to create it out, which we have been considering doing,’ he told the Wall Street Journal this week.
On the Up
The visitors have came back to the populous city in their droves and room rates have reached record levels. Meanwhile, other jobs that were abandoned throughout the financial crisis, like the Echelon and the nevada Plaza, have found new owners that are prepared to invest in their development.
Next door to the Fontainebleau, the Frontier, which closed down earlier in the day this year, would be to be redeveloped into an extension regarding the Las Vegas Convention and Visitors Authority’s Convention Center District. The future suddenly looks bright for the end that is north of Strip.
‘Las Vegas didn’t simply have recession, it had a depression,’ John Knott, executive vice president of CBRE Las Vegas told the Las vegas, nevada Review Journal.
‘We’ve come a long way. Gaming companies are investing in and properties that are renovating. Local gaming numbers are starting to show enhancement. New projects are bringing vibrancy to our community.
I believe the recession is behind us now.’
It’s estimated Fontainebleau would simply take another 2 yrs to perform.
Hacker Group ‘Anonymous’ Targets Terrorists Over Payment Processors
Cyber hacking collective ‘Anonymous’ announced it is seeking ISIS after the militants that are terrorist to have killed over 130 individuals in Paris final Friday. (Image: americasfreedomfighters.com)
Call them Terrorist Haters Anonymous, if you will. Nevertheless the team that lives up to its name is for once likely to bring down the criminals with their own boy that is bad skills.
Yup, the vigilante collective known as ‘Anonymous’ is going to war, and they are going in with a type or kind of cyber-Robin Hood promise this time.
Online hackers posted a video declaration against terrorist group Islamic State of Iraq and Syria (ISIS) throughout the week-end, claiming the self-proclaimed perpetrators responsible for the attacks in Paris will be ‘hunted down’ and stopped in their cyber songs.
Online communications, apparently now mostly moved onto gaming platforms in a ‘peer-to-peer’ mode that is inaccessible to law enforcement without obtaining warrants, have already been the primary mode for planning these global and life-threatening attacks, according to media sources.
Gaming World Knows DDoS Attacks All Too Well
The gambling community has also become familiar with other (often unidentified) proficient computer hackers disrupting operations at both land-based and online casinos while obviously no one would mind if Anonymous succeeds at disabling its victims and greatly hindering their operations.
In 2009 and 2010, two separate incidents compromised popular online gambling payment processors Moneybookers and Neteller, with an untold number of addresses, emails, phone numbers, birthdates, and password tips stolen.
Last year, Iranian hackers angered by Sheldon Adelson’s pro-Israel position infiltrated community servers at the billionaire’s Sands Bethlehem resort in Pennsylvania, effectively shutting down the casino. And in a series of Distributed Denial of Service (DDoS) assaults sent four Internet casinos offline in New Jersey for some 30 minutes july.
Hackers have largely been a force that is disruptive costs victims vast sums of bucks each year to defend, but for now the masterminds are putting their skills to good usage by going after ISIS, a group condemned by all 28 member states associated with the North Atlantic Treaty Organization (NATO).
Yes, ISIS Tweets
ISIS is really a radical team that resides within the Iraq desert, primarily Ramadi, a city it captured once US forces withdrew from the area. ISIS’ headquarters that is war-ravagedn’t without technology, the guerrillas possessing the capacity to distribute its communications and claims of responsibility online, as it has reportedly done concerning the Paris attacks.
Distributed through Twitter, ISIS called the bombings and mass shootings in Paris that left significantly more than 130 dead a ‘blessed attack’ and the ‘first of the storm.’
Anonymous responded in its own Internet message, a video showing an agent donning the group’s man Fawkes mask saying, ‘Anonymous from all over the globe will hunt you down … We will introduce the operation that is biggest ever against you.
‘ The French individuals are stronger than you and certainly will turn out of this atrocity even more powerful,’ the hackers concluded.
The Anonymous collective’s wishes to disrupt the online operations of ISIS might be significant. The line that is first of recruitment is done through the web, the team maintaining a 24/7 social media presence that relies on its sympathetic followers to distribute its communications and viewpoints.
‘As part of its quest to terrorize the world, ISIS has mastered an arena no group that is terrorist conquered before: the burgeoning world of social media marketing,’ authors Jessica Stern and J.M. Berger wrote inside their book on Islamic extremism, ISIS: hawaii of Terror.
A report in March by the Brookings organization found upwards of 2,000 pro-ISIS Twitter reports which were highly active, tweeting on average 50 communications each day. Saudi Arabia, Syria, and Iraq were the top three stated locales of the tweeters, but concerning to Americans is the fact that the United States was 4th.
Twitter doesn’t reveal why or whenever it chooses to disable an account. ‘Is it ethical to suppress political speech, even when such rate is repugnant?’ Brookings asks.
Anonymous is planning to answer that question on its own terms. Gamblers can only hope that other cyber that is such turn their attentions somewhere else as well.