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Wednesday, January 31, 2018

The loss of Steve Wynn's MA casino license







We submitted the comments below to the MA Gambling Commission as they begin an emergency "suitability review" of Steve Wynn for a MA casino license. The Commission is meeting today at 2pm. I encourage you to let them hear your voice as well by sending comments to mgccomments@state.ma.us

January 31, 2018

RE: Comments Regarding Suitability Review of Steve Wynn for Massachusetts Casino License

To the Massachusetts Gambling Commission:

As the Commission examines the growing sexual abuse scandal engulfing casino operator Steve Wynn, we are writing to ask your suitability review center on one central question:

“Is The Wall Street Journal investigative report about Wynn’s sexual abuse of women accurate or did The Wall Street Journal get it wrong?”

If the Commission’s review finds The Wall Street Journal reported the facts accurately, then Wynn is a sexual predator who would not pass a suitability standard for any vocation except for inmate. His license should be revoked immediately.
Best,
Les Bernal
National Director
Stop Predatory Gambling
________________________________
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  • We believe in improving the lives of the American people, freeing us from the lower standard of living, exploitation, and fraud that commercialized gambling spreads.
  • We are one of the most diverse organizations in the United States, one in which progressives work side-by-side with conservatives with a common national purpose.
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Sunday, January 28, 2018

GOP Silent Over Sex Misconduct Accusations Against RNC Finance Chair Steve Wynn




Reader Supported News
27 January 18 PM
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Steve Wynn. (photo: Jessica Rinaldi/Getty Images)
Steve Wynn. (photo: Jessica Rinaldi/Getty Images)

GOP Silent Over Sex Misconduct Accusations Against RNC Finance Chair Steve Wynn

By Ed O'Keefe, The Washington Post
27 January 18

epublican leaders remained silent Friday about allegations of sexual misconduct against casino mogul Steve Wynn, who serves as finance chairman of the Republican National Committee and would not say whether he plans to relinquish his role.
The accusations leveled against the businessman, a rival-turned-confidant of President Donald Trump, gave Democrats an opening to revive attacks on the GOP.
In recent months, Democrats and Republicans have called on the opposing party to return financial contributions or cut ties with prominent individuals accused of sexual misconduct. When allegations against entertainment executive Harvey Weinstein surfaced last fall, RNC Chairwoman Ronna Romney McDaniel and other GOP leaders quickly called on the Democratic National Committee, its House and Senate campaign arms and individual Democratic candidates and lawmakers to refund his thousands of dollars in donations.
Last weekend, McDaniel and Wynn hosted a fundraiser for Trump at his Mar-a-Lago resort to mark the first anniversary of his inauguration. Trump skipped the event, staying in Washington as a partial government shutdown unfolded.
On Friday, the RNC did not respond to requests for comment about a report by the Wall Street Journal that included interviews with dozens of people who have worked at Wynn's casinos or been told of his alleged behavior, including allegations that he pressured some employees to perform sex acts.
With the report, a major business executive now faces the kind of allegations that have led to the downfall of celebrity chefs, movie moguls, pro football team owners and national television news anchors. At least eight members of Congress have resigned or announced plans to retire because of similar misconduct allegations.
Wynn Resorts - the company that bears his name - saw its stock price drop 10 percent Friday in the wake of the Journal's report.
In a written statement, Wynn strongly denied the allegations, saying they stemmed from an ongoing divorce battle with his ex-wife.
"The idea that I ever assaulted any woman is preposterous," Wynn said. "We find ourselves in a world where people can make allegations, regardless of the truth, and a person is left with the choice of weathering insulting publicity or engaging in multiyear lawsuits. It is deplorable for anyone to find themselves in this situation."
Asked whether Wynn planned to step down from his RNC role, company spokesman Michael Weaver said, "Neither Mr. Wynn nor the company have any comment on that."
The DNC criticized McDaniel and the RNC for standing by Wynn, noting that when Weinstein was accused, she said candidates and political organizations "shouldn't take money from somebody who treated women with the absolute highest level of disrespect."
Wynn, a onetime business rival of Trump, became head of RNC fundraising operations a year ago next week. The 75-year old is an outsize figure in Las Vegas, best known for bringing resorts with dancing fountains and man-made volcanoes to the Strip before selling the Bellagio, Mirage and Treasure Island hotels, under pressure from investors, to MGM Grand. He later built two glass towers adorned with his signature at the north end of Las Vegas Boulevard.
Wynn has been a frequent presence in Washington since taking the RNC role and is among a cast of several business associates, longtime aides and friends who have fallen in and out of favor with Trump.
The two traded barbs in the press through the 1990s and have faced off in court. In his book "Trump: The Art of the Deal," Trump said, "Wynn is very slick and smooth, but he's also a very strange guy."
Wynn has given more than $1.5 million to the RNC, the National Republican Congressional Committee and other party committees in the past five years, including a donation of more than $450,000 to the National Republican Senatorial Committee in the 2016 cycle. Several leading Republican members of Congress, including Sens. Ted Cruz, Texas, Marco Rubio, Fla., and Patrick Toomey, Pa., have benefited from his cash.
There were signs Friday that the accusations against Wynn could influence ongoing congressional campaigns.
Sen. Dean Heller, R-Nev., the most vulnerable GOP senator seeking reelection this year, received $5,400 from Wynn - the maximum individual amount permitted - in March, according to campaign finance records.
Rep. Jacky Rosen, D-Nev., who is challenging Heller, called the reports about Wynn "horrifying and disturbing." Rosen said the RNC should remove Wynn as finance chairman and called on Heller to demand Wynn's ouster.
As of Friday afternoon, Heller's campaign had not returned requests for comment.
The Indiana Democratic Party urged Rep. Luke Messer, R-Ind., a GOP Senate candidate and fifth-ranking member of the House GOP Conference, to call for Wynn's removal.
Michael Feldman, a spokesman for the Indiana Democratic Party, said Messer "has a real opportunity to live up to his own principles."
Messer is hoping to unseat Sen. Joe Donnelly, D-Ind., but first faces a primary against Rep. Todd Rokita, R-Ind. Messer has never met or received campaign donation from Wynn, a Messer campaign official said.
In 2000, Wynn gave $20,000 to the Democratic Congressional Campaign Committee, according to campaign finance records. Before backing Trump, Wynn donated $2,700 to Hillary Clinton's 2016 presidential campaign.


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Wall Street Journal report on Steve Wynn's sexual abuse of women

This summary is not available. Please click here to view the post.

Tuesday, January 9, 2018

High court declines to hear Aquinnah gaming case






High court declines to hear Aquinnah gaming case


By Ethan Genter
Posted Jan 8, 2018

Decision clears way for Wampanoag bingo hall.
WASHINGTON — The U.S. Supreme Court has declined to take up a case against the Wampanoag Tribe of Gay Head (Aquinnah)’s planned bingo hall in that island town, clearing the way for the gaming center to go forward.
In a post on its website Monday, the court included the case, brought forward by the town, state and a taxpayers group, on the list of cases it would not hear.
At the center of the case is whether an agreement between the state and tribe is superseded by the 1988 federal Indian Gaming Regulatory Act.
The town and state have argued that the tribe waived its rights to a casino in 1983, when the state and tribe agreed to a land settlement of about 485 acres in Aquinnah. In that land deal, the tribe agreed to abide by state and local zoning laws.
The tribe contends that because it is federally recognized, it should be allowed under the regulatory act to have certain types of gambling on land it controls. It also has maintained that the federal act overrides the land agreement.
The Supreme Court’s decision not to hear the case leaves the 1st U.S. Circuit Court of Appeals’ 2017 ruling in favor of the tribe over the town, state and group intact.
It is rare for a case to make it before the highest court in the country, with about 1 percent of the 8,000 or so petitions it receives each term granted a hearing.
“We’re not surprised at the outcome,” said Larry Hohlt, president of the Aquinnah/Gay Head Community Association. “It’s a formidable task for any case to be taken by the Supreme Court.”
James Newman, chairman of the Aquinnah Board of Selectmen, declined to comment on the court’s decision, saying he had not met with the board or town counsel. The board is scheduled to meet in executive session at 5 p.m. Wednesday and will likely talk to the public after that meeting, he said.
The tribe plans to convert its community center into a 9,000-square-foot Class II gaming facility, a category that allows electronic and traditional bingo. Town officials have previously said that Aquinnah, the smallest town on the island, does not have the infrastructure to support such a facility.
Tribe Chairwoman Cheryl Andrews-Maltais did not respond to a request for comment.

http://www.capecodtimes.com/news/20180108/high-court-declines-to-hear-aquinnah-gaming-case

Tuesday, December 19, 2017

Plainridge owner buys competitor casino firm for $2.8 billion



Plainridge owner buys competitor casino firm for $2.8 billion



Plainridge Park Casino file photo
Plainridge Park Casino in Plainville is setting out to make sure people know it’s more than just a casino.
Paul Connors / The Sun Chronicle//
PLAINVILLE — The owner of Plainridge Park Casino has agreed to acquire a gambling industry competitor for $2.8 billion in stock and cash.
Penn National Gaming will buy Pinnacle Entertainment and its 16 casinos, extending its reach across the United States and Canada.
Pinnacle stock holders will receive $20 and 0.42 shares of Penn National stock for each share of Pinnacle stock.
“The combined company will benefit from enhanced scale, additional growth opportunities and best in class operations, creating a more efficient, integrated gaming company,” Penn National Chief Executive Officer President Timothy Wilmot said.

Thursday, October 12, 2017

CLG: 'Betting on the downfall': George Soros had a $42 million short open on MGM



 News Updates from CLG
12 October 2017
 
Previous edition: Terror in Las Vegas: People run for their lives as at least one gunman opens fire near Mandalay Bay
 
Special Las Vegas Shooting 'Oddities' Edition - compiled by LRP --An online copy of this edition can be found here: http://www.legitgov.org/Las-Vegas-Shooting-Oddities-Compiled-CLG-News.
 

'Betting on the downfall': George Soros had a $42 million short open on MGM | 10 Oct 2017 | On Tuesday, September 5th, 2017, the board of MGM Resorts International decided to approve a $1 billion share repurchase program. At 17.7 billion today, the program represented a significant portion of its current market cap. By the end of the week, MGM's CEO, James Murren, had coolly divested himself of 80% of the shares he owned in his company. The divestment came just days before the ex-dividend date on September 8th, 2017. The sales were originally disclosed in a document filed with the Securities and Exchange Commission (SEC). Murren had previously divested 57,269 shares on July 31st and August 9th, 2017. It's currently unclear why Murren chose to sell when he did...Mr. Murren and his fellow board members were not the only speculators who were bearish on MGM's prospects. Billionaire investor George Soros also bought $42 million worth of puts on the company, according to SEC filings from mid August. [Notes: MGM Resorts International is the owner of the Mandalay Bay Resort and Casino, the site of the October 1, 2017, shooting. See definitions of 'put option' (here) and 'Short (or Short Position)' (here). More info can be found here. --LRP]

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CLG News Editor-in-Chief: Lori Price. Copyright © 2017, Citizens for Legitimate Government ® All rights reserved.


Thursday, October 5, 2017

Stop Predatory Gambling: Las Vegas shooter Stephen Paddock was not a “professional gambler”



EXCERPT BELOW CLICK ON LINK TO VIEW ADDITIONAL INFORMATION!





Las Vegas shooter Stephen Paddock was not a “professional gambler”



The facts coming out of Las Vegas are becoming clearer every day that the Las Vegas shooter Stephen Paddock had a serious gambling addiction. But virtually no one has said it publicly. Read the latest New York Times reporting on his gambling behavior. It was the center of his life.
The powerful corporate gambling operators in Las Vegas have a lot to lose if Paddock is revealed as a gambling addict. No credible gambling addiction expert unaffiliated with gambling operators (and their funding) would describe him as a “responsible gambler.” ‘Responsible gambling’ is little more than a marketing slogan made up by commercialized gambling operators and their partners. Its intent is to place the spotlight on the citizen and shield their predatory and fraudulent business practices.
The mass media continues to use terms like “professional gambler” when describing Paddock. While he may have even said that about himself, he was not a professional gambler.
No professional gambler uses slot machines and video poker machines like Paddock didThe machines create the allusion of skill, but you’re playing against the house, which means you’re mathematically guaranteed to lose all of your money the longer you play them. Once you press the button on the machine, there is no skill involved. The computer inside the machine decides whether you lose or win.
The Times story has a concise description of how the machines work:
“There are no opponents. There is no bluffing or worrying about competitors’ hands. Five virtual cards are drawn from a 52-card virtual deck- instantly on the video screen- and players decide which ones to “hold” or keep, and which ones to exchange for new cards. Players calculate the possibilities remaining in the 47 other virtual cards.”
Paddock was playing hundreds of hands per hour (about one hand every six seconds) for many hours straight. Over and over again.
The business model of casinos is based on people like Paddock losing over and over again. While he may have won occasionally, it’s a statistical certainty that he lost the longer and more frequently he played.
While it’s uncommon for the millions of American citizens who’ve become addicted to electronic gambling machines to become mass shooters, it is very common for them to harm themselves and others close to them (often in the form of domestic violence.) 
http://www.stoppredatorygambling.org/las-vegas-shooter-stephen-paddock-was-not-a-professional-gambler/




Wednesday, September 20, 2017

Stephen Crosby: Beating a Dead Horse?



Taxpayers are subsidizing a Dead Industry....and now what?

Extensive HEARINGS were held in Beacon Hill....lawmakers genuflected to the racing industry, gave them what they wanted.....

The Gambling Vultures OWN you once you invite them in....lawmakers will genuflect...YOU can bet on it!



Crosby to lawmakers: Give me the power to save horse racing
 
Gaming Commission chairman Stephen Crosby really doesn’t want to give up that multimillion-dollar state horse-racing fund. From SHNS’s Colin Young: “The chairman of the Massachusetts Gaming Commission pressed lawmakers Tuesday to give the commission the ability to restructure oversight of the horse racing industry in hopes of a sparking a revitalization. While standardbred racing has seen a resurgence tied to the slots parlor in Plainville, Thoroughbred racing is near its all-time low in Massachusetts.”
SHNS (pay wall)



The Ultimate 1% SCAM!







FROM MASSTERLIST:

MGM reassures nervous Springfield after it unveils plan for $675M casino in Bridgeport, Conn.
In a major escalation of the ongoing casino war in southwestern New England, MGM Resorts announced yesterday ambitious plans for a new $675 million waterfront casino in Bridgeport, Conn., halfway between New York and New Haven and 80 miles south of Springfield, Mass., where MGM is building a $950 million casino in the city’s downtown. The Hartford Courant has the details. It’s just the latest development in the ongoing battle between MGM, Foxwoods and Mohegan Sun, which, it should be noted, has its own proposal for a new casino in East Windsor, Conn., just across the border from Springfield.
In Springfield, Mayor Domenic Sarno said he’s spoken to MGM CEO James Murren and has been assured that the company remains focused on building a "very successful and robust" casino in Springfield, reports Dan Glaun at MassLive. But how successful and robust, with so many current and planned casinos in the region, is the question.
Hartford Courant





Read The Atlantic | “How Casinos Enable Gambling Addicts”







Tuesday, August 15, 2017

Worst casino fears coming to fruition




 Senator Jamie Eldridge shared a link.

IT DIDN’T TAKE LONG for the powerful casino industry to muscle its way into…

COMMONWEALTHMAGAZINE.ORG
  • The new law that allows casinos to serve alcohol until 4 a.m. is a troubling example of the influence that corporate special interests wield on Beacon Hill. Concerned residents need to be more aware, and wary, of the next demands that are made from elected officials as the casinos in Everett and Springfield come closer to opening.

Worst casino fears coming to fruition

IT DIDN’T TAKE LONG for the powerful casino industry to muscle its way into Massachusetts politics. Beginning in the early 2000s, corporate lobbyists began giving unprecedented amounts of money to elected officials on Beacon Hill to convince them to support expanded gambling. By 2009, leadership in the House, Senate, and the corner office all supported legalized casino gambling in Massachusetts. Back then, opponents of expanded gambling emphasized that casinos would hurt local communities and snatch customers away from small businesses. We also warned that powerful corporate interests would begin clawing away at the limited legal protections put in place for Massachusetts residents in the casino law.
Now, our worst fears about casinos are coming to fruition. The Wynn Casino hasn’t even opened, and yet it already managed to sneak a provision into the fiscal 2018 House budget that would allow casinos to serve alcohol until 4 a.m. This provision became law when Gov. Charlie Baker failed to veto it by the end of July.
This exemption from our state’s alcohol laws is a danger to public safety and gives casinos an unfair advantage over local bars and restaurants. As opponents have argued for nearly a decade, casinos can have devastating impacts on the health and success of local economies.
When casinos arrive, existing businesses suffer. Local businesses see fewer profits and greater personnel costs as the result of increased drug and alcohol problems among employees after the introduction of gambling. Moreover, because of these costs, new businesses generally do not relocate to areas that already have casinos. In Atlantic City, the number of restaurants dropped from 311 to 66 in the 19 years following the introduction of casinos.
Casinos are especially dangerous to local communities because they differ from other forms of entertainment. Unlike sports stadiums or concert venues, casinos are designed to meet the customer’s every need. Casino patrons can access restaurants, shopping centers, lodging, and entertainment within the casino complex. This means that local businesses will not receive an increase in business from the traffic brought in by casinos. In fact, residents might relinquish local goods and services in favor of gambling. As more Massachusetts families spend money at casinos, less money will flow to small businesses, non-profits, municipal governments, and the arts.


Several studies have suggested that legalized gambling hurts the state lottery. A decrease in demand for the lottery could have a negative impact on small business owners. The lottery brings people into small, family-run convenience stores where they also make other purchases. When casinos intervene, this money is instead funneled to big corporations, almost entirely out of state.
Meet the Author

Jamie Eldridge

Senator from ActonMassachusetts Senate
The new law that allows casinos to serve alcohol until 4 a.m. is a troubling example of the influence that corporate special interests wield on Beacon Hill. Concerned residents need to be more aware, and wary, of the next demands that are made from elected officials as the casinos in Everett and Springfield come closer to opening.


Jamie Eldridge is a state senator from Acton.