Del Marsh believes gambling revenues would be the most useful way to balance Alabama’s budget.
An Alabama casino gambling bill narrowly passed through committee week that is last providing the legislation the chance to be heard by the complete State Senate.
The bill, known as SB 453, passed through the Tourism and Marketing Committee by a five to three vote on Thursday.
The bill is made to help produce revenue that is new the state in two ways.
First, it could develop a continuing state lottery that might be regulated by an Alabama Lottery and Gaming Commission.
Bill Will Allow for Four Casinos
Perhaps more dramatically, that commission would also be charged with overseeing the introduction of casino gambling in the state.
Such operations could be allowed at four horse racing tracks throughout the state, the first time casino games like slot machines, blackjack, along with other table games is allowed in the state.
The bill, which would amend the state constitution, ended up being introduced previously this month by Senate President Del Marsh (R-Anniston). He said that with all the state requiring an influx of revenue, he would rather see that money come through legalized gambling than with a tax increase.
‘This is a big piece of legislation, a very piece that is controversial’ Marsh said at a public hearing regarding the bill held Tuesday. ‘But I think it’s an option that will be put here as an option to greatly help try to solve some associated with budget problems in this state.’
Many Miss Electronic Bingo Casinos
During those hearings, there was impassioned testimony from all relative edges of the problem. Many people spoke of planning to see the return of video gaming to facilities that once had it, before so-called electronic bingo casinos were closed down in the state following an Alabama Supreme Court ruling last year.
‘I’ve seen hardworking that is good doing without, getting close to hungry,’ said Macon County hardware shop owner Brent Thomas, who said that his area was hurt tremendously by the closure for the VictoryLand bingo casino.
Meanwhile, others argued against any video gaming expansion, stating that all of the cash that the continuing state made from the games would be coming from poor people.
‘It is just a income tax,’ said Joe Godfrey, executive director for the Alabama Citizens Action Project. ‘It’s a tax in the poor. It preys on the social people who can least manage to pay it.’
Native American Casinos Active in State
Still others pointed out that there was already gaming in the state, because the Poarch Band of Creek Indians already operate three casinos with electronic bingo machines in Alabama.
That, Marsh said, implied the decision ended up beingn’t between having gambling or perhaps not, but instead whether the state would gather income from the gambling that was occurring.
Are you aware that Poarch Band, they state that the bill that is newn’t contain sufficient rules about what would be allowed during the race songs where gambling would be allowed, which could keep loopholes that operators will attempt to exploit.
‘It’s like handing your teenager a charge card with no rules attached and then being surprised when a bill is got by you that looks like the Alabama budget deficit,’ said Robert McGhee, treasurer regarding the Poarch Band of Creek Indians Tribal Council. ‘It’s a backwards thinking that opens the door to potentially irresponsible methods that will be hard to rein in after the fact.’
The bill would allow for casino gambling at battle songs in Birmingham, Macon, Mobile and Greene County. Proponents say that gambling expansion could create over $400 million in new revenue and 11,000 jobs for hawaii.
In an effort to approve a noticeable modification to the state constitution to allow for gambling, three-fifths of the legislature would have to straight back the bill, as would a bulk of voters in a situation referendum.
New Version Of Connecticut Casino Bill To See Voting This Week
The Mohegan Sun is one of two casinos in Connecticut wary of the latest competition from Massachusetts and New York. (Image: MoheganSun.com)
Connecticut desperately would like to find a solution to fight straight back from the casino that is coming in Massachusetts and New York.
This it seems as though the state Senate will consider a bill that would do just that week.
A new version of the Connecticut casino bill is slated to be voted on by the state’s Senate, and would allow the state’s two casino operating Indian tribes to develop a resort that is new go along side the two they currently run.
The bill generally seems to be much faster than in earlier versions: rather compared to a 16-page bill that was formerly under consideration, The Hartford Courant says that the working draft associated with brand new legislation is simply 75 pages very long, or around three pages.
First Variation Allowed for Three Casinos
In earlier incarnations of proposed casino legislation, Connecticut may have allowed for as much as three casinos that are new be operated by the Mashantucket Pequot and Mohegan tribes, which operate Foxwoods and Mohegan Sun, respectively. Within the version that is newest, only one extra casino will be permitted.
That casino that is new potentially be built any place in the state, and the bill outlines a process that would enable the two tribes to talk to towns enthusiastic about making proposals to host the facility.
However, it could likely be located someplace into the I-91 corridor north of Hartford, where it may potentially limit the loss in gambling income that could be brought on by the upcoming MGM Springfield in Massachusetts.
There have already been several towns in that area that have expressed an interest in attracting a casino. Possible suitors could include East Windsor and East Hartford, among others.
Massachusetts Casinos Could Eat Into Income
Both Mohegan Sun and Foxwoods are gravely concerned about the prospective effect of this Massachusetts casinos, which in turn concerns lawmakers, as the state stocks in the video slot revenue at both resorts.
At one point, the state made up to $430 million from that compact in 2007; that quantity dropped to just under $280 million in 2014, plus some projections have that total falling to as low as $189 million in 2018.
Under the new form of the bill, last authorization for the new casino would occur until 2016, as the General Assembly will have to approve any deal which was made between the tribes and a town or city.
‘It became clear it had to be much more of a two-step procedure,’ Senate Majority Leader Bob Duff (D-Norwalk) told the Connecticut Mirror. ‘It couldn’t be performed in one single bill.’
Tribal leaders appears pleased with all the new bill, also if it does not offer the immediate effect they may have hoped for.
‘ Our goal from the outset has been to protect the 9,300 jobs and revenue that will be lost to competition on Connecticut’s borders, and this bill is believed by us, if authorized, will give the Mohegan and Mashantucket Pequot Tribes the capacity to start to do this to do so,’ said Patty McQueen, a spokesperson for the two tribes.
However, it’s also possible that there could be many questions that are legal hang over the legislation, a prospect that Connecticut Attorney General George Jepsen raised earlier this year. The bill also seems to anticipate the risk of legal challenges, saying in one section that when a court ‘holds any supply of this section unconstitutional, the remaining provisions of this area shall be inoperative and also have no effect.’
Deutsche Bank Report States New Jersey Should Open Casinos Beyond Atlantic City
The Meadowlands might be home up to a casino if New Jersey permits gambling outside of Atlantic City. (Image: John Munson/The Star-Ledger)
New Jersey has toyed with the notion of opening a casino into the northern part for the state, a move that will mark the first time casinos in their state had spread beyond Atlantic City.
That effort might get more help following a report by Deutsche Bank that says this type of casino could possibly be what nj-new Jersey needs.
Deutsche Bank analyst Andrew Zarnett filed a report last week that took a standard look at the New Jersey gaming industry, and found that it would be in the state’s interest that is best to build at least one casino in northern New Jersey, perhaps at the Meadowlands.
‘We believe that one or two casinos in north Jersey could generate well over $500 million, putting ~$275 million into hawaii’s coffers and therefore is a smart move for the state,’ Zarnett wrote. ‘It’s good from a budgetary place and also for Atlantic City, as long as some of the tax revenues go back again to https://myfreepokies.com that market.’
Talk of New Casino Intensifies
The subject of placing a casino at the Meadowlands or elsewhere in north New Jersey heated up a year ago, as some lawmakers seemed forward to potentially broaching the issue at the end of 2015 or in 2016.
In February 2011, Governor Chris Christie place an unofficial five-year hold on such speaks in an effort to provide the city’s video gaming industry time to enhance minus the pressure of another local casino potentially cannibalizing the marketplace.
In specific, Senate President Stephen Sweeney (D-Gloucester) said year that is last it could be possible to hold a statewide referendum on building new gambling enterprises elsewhere in hawaii in November 2015. Zarnett talked to this possibility in his report.
‘It is our belief that a ballot question to allow gaming outside of Atlantic City could come this November 15,’ he had written.
Voter Turnout Concerns
However, supporters of such a move might not be looking to hold the vote so soon. According to Sweeney, the expected lower voter turnout in an off 12 months for elections could harm the measure, as voters from Atlantic City and nearby areas could be more motivated to come out and vote against it than voters from the north area of the state are to support it.
That could suggest holding the vote off until November 2016, whenever an election that is presidential guarantee a higher percentage of the latest Jersey adults head towards the polls. But other people who are in favor of the casino expansion still desire to notice a vote this present year.
‘ We now have to accomplish it now, so we don’t fall even further and further behind other states,’ said State Senator Ray Lesniak (D-Union County). ‘Atlantic City continues to drop, and racing shall continue to decrease. This could perfectly be our last possibility.’
Deutsche Bank Expects More Closures
The Deutsche Bank report additionally painted a grim outlook for Atlantic City’s casinos, projecting that gaming revenues within the city would fall to about $1.8 billion in 2017 due to increased gaming choices in surrounding states. That could mean casino that is further in the years to come.
‘ We might expect Taj Mahal as well as a Boardwalk that is second casino join the list of shuttered properties in the exterior years,’ Zarnett composed.
The report’s conclusion is straightforward, and the one that supporters of a north Jersey casino will be happy to quote.
‘In summation, it’s time for brand New Jersey to push ahead with plans for a North Jersey casino or casinos,’ Zarnett wrote. ‘And as such, we think that the next action is a constitutional referendum this November providing approval for gaming outside of Atlantic City.’