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Showing posts with label Massachusetts. Show all posts
Showing posts with label Massachusetts. Show all posts

Saturday, February 12, 2022

New plan to open a casino inside every Massachusetts home

 

In Massachusetts many citizens got involved in the movement to stop casinos because they opposed a casino where they lived.

Today there is a lobbying effort underway for state government to sponsor online gambling which will ultimately open a casino and lottery retailer right inside your home and on your smart phone, as well as for everyone else in your community.

Attorney General Maura Healey's office has proposed an initiative legalizing online gambling by regulations, a political strategy that contrasts the actions of the New York and Illinois Attorney Generals who have acted to shut down online gambling operations in their states.

The Attorney General's proposed regulations represent the biggest expansion of gambling in Massachusetts history. While it has been presented to the public as a bid to regulate online fantasy sports gambling, the end game for gambling interests is to offer more extreme forms of gambling to citizens through the internet.

Casino companies like MGM and Caesars have unsuccessfully lobbied for internet gambling to be legalized at the federal level.  Authorizing DFS would provide gambling interests like these and others a back door way to bring in internet casino gambling.

Legislation was recently filed in the Massachusetts Legislature to do just that. It's also why when the Mass Gambling Commission released its review of so-called "Daily Fantasy Sports" this week, it also looked at other forms of online gambling.

I urge you to please share your comments about this issue with Attorney General Healey and her staff by Friday, January 22. Here is the info about her proposal to introduce internet gambling. Comments can be emailed to DFSRegs@state.ma.us

A few items to help you learn more about the topic:

1) Read our national report.

2) Here is a colorful, recently published New York Times Magazine story titled “How the Daily Fantasy Sports Industry Turns Fans Into Suckers.”

3) Our testimony presented at the AG's hearing this past Tuesday.

4) National political comedian John Oliver's review of online fantasy sports gambling on his HBO show Last Week Tonight(If the image below doesn't show in your email, watch the segment here.)

We believe Attorney General Healey, her staff and others who propose to introduce internet gambling into Massachusetts are better leaders than this initiative demonstrates.

Best,

Les

____________

Les Bernal

National Director

Stop Predatory Gambling

Build a more humane and just society: end government-sponsored gambling because it is dishonest, financially damaging to citizens and contributes to rising inequality of opportunity.






Friday, November 4, 2016

Mass. likely voters skeptical of Question 1 allowing 2nd slots parlor, Western New England University poll says



They argue thousands of Massachusetts children are stuck on charter ... Revere voters rejected a localslots ballot question last month but McCain can ...


The $3.2 million campaign to open a second slots parlor in Massachusetts has been secretly financed by a team of developers who brought gambling ...

Mass. likely voters skeptical of Question 1 allowing 2nd slots parlor, Western New England University poll says

By Gintautas Dumcius
November 04, 2016


Fifty percent of likely voters in Massachusetts aren't interested in allowing the state to set up a second slots parlor, according to a new poll from the Western New England University Polling Institute.
Thirty-two percent said they back the proposal, known as Question 1. Seventeen percent said they're undecided.
Tim Vercellotti, the Polling Institute's director, called the high number of undecided voters "usual" as Nov. 8 draws closer.
"Our interviewers reported many instances in which survey respondents simply did not understand the term 'slots parlor' in the question," Vercellotti said in a statement accompanying survey results.
"The ballot that voters will view on Tuesday has a lengthy explanation of the term, and the actual results of the ballot question could be very different from what we are seeing in our survey," he said.
Under the Massachusetts expanded gambling law passed in 2011, the Gaming Commission can authorize up to three casinos and one slot parlor.
The state's sole slots parlor, operating under the name Plainridge Park Casino, located near the Massachusetts-Rhode Island border, opened in June 2015. The MGM casino in Springfield and the Wynn Resorts casino in Everett, north of Boston, are expected to open in the coming years.
Developer Eugene McCain is the primary backer of the question that would allow a second slots parlor. He is arguing approval of the question will bring jobs to Massachusetts and he's seeking to place it in Revere.
But Revere voters rejected a non-binding referendum on allowing the casino to be sited in their city. Opponents of the question say it was "written by one casino developer, for one purpose: his own financial gain," according to a summary of arguments provided by the state's elections division.

Wednesday, October 5, 2016

Why Genting's Investors Lost 47% in the Last 5 years!





Share price – If an investor had bought shares in Genting Singapore five years' ago, he would have lost about 51%. That's because the shares have ...

Sunday, October 2, 2016

Massachusetts Ballot Question !: Slot BARN in Revere denounced by mayor



The Gambling Vultures promise to pave the streets with GOLD, solve ALL fiscal problems...when they fail to deliver....? There are no consequences. 

Atlantic City crime and poverty.....and lawmakers still haven't figured it out.....




Massachusetts Voters rallied around the BOGUS promises that were easily discredited......Unions accepted the False promises.....Massachusetts voters fell for it.....











Slot  BARN in Revere denounced by mayor

Thursday, September 22, 2016

Massachusetts: Professor briefs lawmakers on problem gambling study results



Professor briefs lawmakers on problem gambling study results

27.5 percent of the state's population were non-gamblers and 63.4 percent were recreational gamblers



BOSTON, Mass. (STATE HOUSE NEWS SERVICE) – An estimated 88,000 adults in Massachusetts are problem gamblers, and another 390,000 are deemed “at-risk” gamblers and may bet more than they’d planned or borrow money to gamble, according to study findings presented Wednesday.
Research required under the 2011 law that legalized casino gambling in Massachusetts found that 1.7 percent of that state’s adult population were considered problem gamblers and 7.5 percent were at-risk gamblers, said Rachel Volberg, the study’s principal investigator.
A UMass-Amherst professor who specializes in gambling research, Volberg presented findings from a baseline study of the Massachusetts population, conducted from September 2013 to May 2014, before the state’s first slot parlor opened in Plainville. Additional research will be conducted as resort casinos authorized under the terms of the 2011 law – two are under construction – move forward and open for business.
Enrique Zuniga, one of five members of the Massachusetts Gaming Commission, described the research project as “very ambitious” and “something that has never been done before in the world, mostly because we’re looking at it before and after the introduction of casinos.”
The survey found that, with no casinos yet open in the state, 27.5 percent of the state’s population were non-gamblers and 63.4 percent were recreational gamblers who find betting enjoyable and do not experience harm from it.
Volberg said there were “significant differences” in problem gambling rates based on race, gender and level of education attained.
“Men are three times more likely to have a gambling problem than women, blacks are four times more likely to have a gambling problem than whites, and individuals with a high school diploma or less are twice as likely to have a gambling problem compared with individuals with a college degree,” she said during a briefing on the research for lawmakers and staff.
The baseline survey also gauged respondents’ attitudes toward gambling, finding that 57.5 percent believed some forms of gambling should be legal while others should be illegal, and that 63.1 percent believed the current availability of gambling in Massachusetts was fine. Around 22 percent said not enough gambling was available in Massachusetts, while nearly 15 percent said it was too widely available.
Seventy-two percent of respondents had participated in at least one gambling activity in the past year, with the state lottery the most popular. According to the survey, 59 percent played lottery games, 32 percent participated in raffles, 22 percent visited a casino, and 13 percent bet on sports. Only 2 percent said they gambled online.
After the emergence of popular daily fantasy sports websites like the Massachusetts-based DraftKings, lawmakers have expressed interest in exploring and further regulating both daily fantasy sports and the broader world of online gaming. Lottery officials have unsuccessfully sought legislative authorization to offer their products on the internet, pointing to stagnant instant ticket sales as more and more bettors choose to wager on daily fantasy sports or elsewhere.
An economic development law Gov. Charlie Baker signed last month created a special commission to study the regulation of online gaming, fantasy sports gaming and daily fantasy sports, including “economic development, consumer protection, taxation, legal and regulatory structures, implications for existing gaming, burdens and benefits to the commonwealth and any other factors the commission deems relevant.”
“We continue to think about expanded gaming, whether we’re talking about online lottery, whether we’re talking about different types of online sports gambling, other things,” Marlene Warner, the executive director of the Massachusetts Council on Compulsive Gambling, said during the briefing. “I think it’s important for us to be paying attention to the data that we have currently around gambling that currently exists in Massachusetts.”
Copyright 2016 STATE HOUSE NEWS SERVICE



Sunday, August 21, 2016

Mashpee Wampanoag Tribe asks to join casino land dispute





REVIEW REEL WAMPS for additional perspective.

 



Mashpee Wampanoag Tribe asks to join casino land dispute

Monday, August 15, 2016

Massachusetts: Gaming projections can't be taken seriously



To SELL Predatory Gambling to an unsuspecting electorate, EXPERTS overstated revenue projections that were easily disproved. 

There are no consequences to the foolhardy, but there are for lawmakers who follow the same Yellow Brick Road. 





Gaming projections can't be taken seriously

The Lowell Sun
UPDATED:   08/14/2016


It would nice if the rosy tax revenue projections from the state's budding casino empire come true, but we're expressing caution.
Don't spend what you don't have.
But Gaming Commission Chairman Steve Crosby already is greasing the way for the tax-and-spenders on Beacon Hill to expand the budget belt buckle a few notches.
Crosby told the State House News Service that once the resort casinos in Springfield and Everett are opened, Massachusetts can anticipate $300 million in annual gaming revenue. His estimated breakdown follows:
n $100 million from the MGM casino in Springfield;
n $100 million from the Wynn Boston Harbor casino in Everett;
n $80 million from the slots parlor at Plainridge Park in Plainville.
Sounds all well and good -- if it happens.
We're not sure how Crosby arrived at his figures, but his expert analysis hasn't proved correct at the slots parlor.
In more than a year since it opened, Plainridge Park has yielded the state $68 million in tax revenue -- a far cry from the original annual projection of $83 million. At present, the slots parlor has a monopoly, but when the competition of two full-blown casinos arrives, it's going to be a tough slog for Plainville to increase its take -- and yet Crosby's estimating an $80 million tax haul.
Also at play is the impact of the Mashpee Wampanoag tribe's First Light casino in Taunton, a 30-minute drive from Plainville.
The first phase of the $1 billion project is expected to open next summer, although federal litigation over a land dispute could cause a delay.
Then there's Twin River Casino in Lincoln, R.I., which is but 20 minutes away from Plainville.
The competition is heating up both inside and outside the Bay State.
Massachusetts gaming law directs nearly all of the tax revenue derived from the casinos and slots parlor to local aid for cities and towns. That's a good thing. So even if Crosby's estimates don't turn out exactly as promised, the resulting yield will be a much-needed boost to municipalities.
But casino-gaming revenues -- just like capital-stock gains -- can't be counted on to deliver the same or higher returns from year to year. A Center for Gaming Research study (2001-2015) at the University of Nevada Las Vegas shows that gaming revenues in 23 states closely mirrored the ebbs and flows of the U.S. economy. And the growth is minimal at best. (In 15 years, total U.S. gaming revenue has grown from $35 billion to $40 billion annually -- a modest 14 percent increase largely attributed to the growing number of casinos.)
Massachusetts continues to run an annual "structural" deficit, now pegged at $240 million but more likely it's $350 million because of health-care premium increases that the Legislature left on the table.
The $39.1 billion budget is built on a Hail Mary pass that tax revenues will materialize down the road. A more realistic scenario is that Gov. Charlie Baker will be forced to make 9C emergency spending cuts during 2017 to balance the budget.
It's all comes down to a simple equation: the state shouldn't spend more than it takes in.
Likewise, it shouldn't count on gaming-tax revenues until the greenbacks are counted in the state treasury.




Friday, August 12, 2016

Gambling Addiction





BOSTON (AP) -- Massachusetts gambling regulators say they're encouraged by early numbers from a unique gambling addiction prevention effort ...



Massachusetts gambling regulators say they're encouraged by early numbers from a unique gambling addiction prevention effort being tested at the ...
Willie Thorne bankrupt after borrowing £1m to fund gambling addiction
Willie Thorne has been declared bankrupt after admitting borrowing a million pounds to fund his gambling addiction. The Insolvency Service said the ...

Willie Thorne has been declared bankrupt after admitting borrowing a million pounds to fund his gambling addiction. The Insolvency Service said the ...


Legendary snooker player Willie Thorne has admitted that he's 'penniless' after borrowing £1 million to cover his gambling addiction. The snooker ...



BOSTON (AP) — Massachusetts gambling regulators say they're encouraged by early numbers from a unique gambling addiction prevention effort ...



A recent study has found that nearly one in three bingo club players have experienced a gambling problem of some kind. One in nine of those ...


BOSTON (AP) -- Massachusetts gambling regulators say they're encouraged by early numbers from a unique gambling addiction prevention effort ...


A panic button that allows gamblers with addiction problems to lock their ... the regulation was introduced by the UK Gambling Commission last year.



... to Finance Minister Moshe Kahlon has recommended an outright bans on slot machines and horse racing as a way to prevent gambling addiction.


But it's not funny for Johnson, who told prosecutors he has a gambling ... far from alone in resorting to crime to satisfy a gambling problem or addiction.


Bizarre bank robbery arrest sparking conversations about gambling addictions
The arrest of a Charleston man in a bank robbery case has sparked a conversation about gambling addiction.Investigators say Kerry Johnson left the ...




Collett used the lie to borrow money from the partially-sited neighbour for various bills – but in fact the money was going on a £300-a-week gambling ...



... to 21 months in prison for stealing from two charities - a crime he blames on a gambling addictioncaused by football-related brain injuries. Rucker ...




Defense attorney Michael Hennenberg said after the sentencing hearing on Wednesday that Rucker'sgambling addiction resulted from poor impulse ...


Galway Bay FM


Galway hurler Davy Glennon was in the centre himself last year, checking in four days after the Leinster hurling final to treat a gambling addiction.

Dr. Jeffrey Derevensky, professor of psychiatry at McGill University and a gambling expert, said many people who are addicted to gambling do ...



Toledo Blade


Penn National Gaming is trying to prevent problem gambling with a weeklong outreach blitz aimed at educating the public on the signs and dangers of ...
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Wall said Hales needed treatment for a gambling addiction and impulse ... "it seems more accurate to say he has an addiction to defrauding people.".



According to the National Council on Problem Gambling (NCPG), the ... to their emotional or financial health, may meet gambling addiction criteria.