Donald Trump Administration To Boost Casino Industry

Donald Trump Administration To Boost Casino Industry



By Pritha Paul
November 24, 2016


Analysts are saying that a Donald Trump presidency could mean a boon to casino business players. After all, there remains a significant possibility of the US legalizing sports betting soon. Trump himself has said he is “OK with it.”

According to the present scenario, there are only 4 states in the US where one can legally engage in betting – Oregon, Montana, Delaware and Nevada.

Donald Trump To Legalize Gambling?

But all of this can change once Donald Trump takes office.

According to Sara Rayme, a senior vice-president for Washington-Based American Gaming Association, lobbyists for the casino industry will be seeking an overturning of the 1992 ban on betting next year.

“He was a former casino owner, he understands the business,” said Rayme in a statement.

According to American Gaming Association, the illegal sports betting industry rakes in $149 billion annually. This could be a huge revenue generator for the US government, if it is brought under law.

For starters, the government can openly control it, even deem it taxable. Trump has echoed these exact thoughts during his campaign.

“I’m OK with it, because it’s happening anyway,” said Trump, reports Bloomberg. “Whether you have it or don’t have it, you have it. It’s all over the place.”

But it is still unclear if Trump meant online casinos, which is legalized in three states so far. Some of the people in the business such as Las Vegas Sands Corp. Chairman Sheldon Adelson are opposed to the idea of online gambling.

Online Gambling Can Boost State Revenue And Tourism Industry?

The fact that legalizing online casinos could boost the tourism industry in the US has been recognized by the American Gaming Association.

According to American Gaming, the casino gaming experience is one of the most sought after tourist demands in the nation and due to a language barrier, online gambling might be the ideal choice for the foreigners.

Moreover, legalizing online casinos in the state of Washington alone could generate over $150 million annually, estimates Online Poker Report.

Meanwhile, analysts from Technavio Research estimate that the online gambling industry will be worth $4 billion by 2020. A CAGR of over 51 percent is also expected from this year onward.

Recently, federal courts had turned down New Jersey’s efforts to legalize sports betting.

Donald Trump has called upon major players in the casino business to plan his post-inauguration day party. This is being considered as reason to be optimistic about the future of betting for the US casino owners.

Wynn Resorts Ltd. Chairman Steve Wynn, Las Vegas Sands Corp. Chairman Sheldon Adelson and Treasure Island casino owner Phil Ruffin are some of the members of his inauguration committee, reports Bloomberg.

http://www.morningnewsusa.com/donald-trump-administration-to-boost-casino-industry-23124704.html

RSN: Fossil Fuel Industry Caught Taking a Page Out of the Tobacco Playbook, Why Is This Man Still in Jail?, 'Arrogant' Netanyahu 'Doesn't Speak for Me', LAPD Shoot and Kill Unarmed Homeless Man,

If the Fossil Fuel Industry used the Tobacco Playbook, what say you about the Predatory Gambling Industry employing the same PROPAGANDA TECHNIQUES?

Frank Fahrenkopf was a brilliant success at AGA [American Gaming Association] by copying the Tobacco Industry.





Fossil Fuel Industry Caught Taking a Page Out of the Tobacco Playbook

It's Live on the HomePage Now:
Reader Supported News

---

Amy Goodman | Tim Wu, Father of Net Neutrality, Praises FCC Vote to Preserve Open Internet

Amy Goodman and Juan Gonzales, Democracy NOW!
Excerpt: "This is simply a historic decision. It was a long time in the making. Some of us have been working on this for 13 years, and I think it just sets us on a different path."
READ MORE

LAPD Shoot and Kill Unarmed Homeless Man
Rory Carroll, Guardian UK
Carroll writes: "Police officers shot and killed a homeless man in downtown Los Angeles on Sunday in a dramatic confrontation caught on video. Five officers grappled on a pavement with a man known as Africa before shooting him five times in front of horrified onlookers."
READ MORE

'Arrogant' Netanyahu 'Doesn't Speak for Me', Says Jewish Lawmaker Dianne Feinstein
Jesse Byrnes, The Hill
Byrnes writes: "Sen. Dianne Feinstein (D-Calif.) slammed Israeli Prime Minister Benjamin Netanyahu on Sunday, saying he is 'arrogant' and does not speak for all Jews."
READ MORE

Tamir Rice 'Directly' Responsible for Own Police Shooting Death, Says City
Oliver Laughland, Guardian UK
Laughland writes: "The city of Cleveland's defense argues that both Rice and members of his family are to blame for any damages, injuries and losses arising from the incident."
READ MORE

Why Is This Man Still in Jail?
Paul Solotaroff, Rolling Stone
Solotaroff writes: "For most of five decades, bad cops in Philly have fought off accusations of beating, robbing, framing and killing civilians at rates undreamt of in larger cities."
READ MORE

Obamacare on Trial: SCOTUS Takes Up Case on Tax Credits
Elijah Wolfson, Al Jazeera America
Wolfson writes: "On Wednesday, the Supreme Court will begin to hear arguments in King v. Burwell, the latest legal challenge to the Patient Protection and Affordable Care Act, or ACA. The case boils down to an argument over how to interpret seven words in the legislation, also known as 'Obamacare,' that define who can receive a government subsidy to help pay for health insurance."
READ MORE

Fossil Fuel Industry Caught Taking a Page Out of the Tobacco Playbook
Dana Nuccitelli, Guardian UK
Nuccitelli writes: "Soon has followed the same strategies as other climate contrarians with flawed research. He has submitted papers to relatively obscure, non-climate science journals, and he's exploited 'pal review' with friendly journal editors."
READ MORE

 

 

 

 

Ms. Wildly Profitable Bad Business!

So, I was just thinking about this business that I run that is wildly profitable, but bad from every conceivable perspective.

.

I want to grow my wildly profitable business to be even more wildly profitable. How do I proceed?

.

Someone suggested that I need to form a "Not Really So Bad" non-profit organization that discredits the dissent, buys a few phony studies, schmoozes with legislators, maybe wines and dines them, some generous campaign contributions wherever possible legally, maybe buys a few prominent politicians who accept the contributions until it becomes publicly unacceptable to do so.

.

This "Not Really So Bad" organization, of necessity, has to create the victim as the villain.

.

Ah, yes! It worked for tobacco! ....for many wildly profitable years.

.

GETTING INSIDE CONGRESS
American Gaming Association Executives
Judy L. Patterson – Senior VP and Executive Director

Helped create National Center for Responsible Gaming, an independent,
nonprofit organization, founded by the American Gaming Association, uses
gambling industry funds to support industry sponsored research primarily
focused on

shifting the blame for gambling addiction onto problem and
pathological gamblers, while keeping the industry exempt from responsibility;
helped create Global Gaming Expo (G2E); works with consultants,
academic institutions and state gaming associations to develop independent
studies of gaming issues.

Previously served as special assistant to the president of the American Bar
Association, director Public Liaison Office; D.C. Coalition Against Drugs
and Violence; graduate of Wichita State University (1974), Georgetown
University Law Center, (1985), master’s degree in education from Boston
University (1975).
[“American Gaming Association online,

http://www.americangaming.org/About/bios/bio_patterson.cfm (12 November 2007)]
page 60

.

LINK

.

And then I wait until the Bay State is totally desperate and publicly proclaiming as much! Just like lambs to the slaughter!

.

Now that was easy, wasn't it?