Caesars, MGM, Wynn Get Serious About Osaka Casino Talks

Caesars, MGM, Wynn Get Serious About Osaka Casino Talks

Given the popularity that is enormous of pachinko games in Japan, casino operators are clamoring for a go at a soon-to-be legal Osaka casino (Image: tokyoweekender)

The battle for a casino in Japan is starting to heat up, and it seems as if Osaka may be the top target of investors and casino developers worldwide. During the moment, at the least three casino that is major are in talks using the Osaka government about intends to create a massive casino resort one that might cost up to 500 billion yen ($4.8 billion) to complete.

Aiming for Olympic Game Openings

And all of these talks are happening even before Japan has actually legalized casino gambling. Most operators expect them to do so in time for the very first casinos to go live ahead of the 2020 Summer Olympics, that will be hosted by Tokyo.

‘It’s merely a matter of time before casinos are legalized,’ said Ichiro Matsui, Osaka Prefecture Governor.

Osaka officials met with representatives from Caesars Entertainment and Genting Singapore year that is last and be prepared to sit straight down with a team from MGM Resorts Overseas early this season. All three are looking to place a casino in Osaka, the city that is second-largest Japan.

The casino would probably be put on reclaimed land owned by the city specifically, Yumeshima, an island in Osaka Bay. The concept from Osaka’s perspective is to get a hop on Tokyo, that will be the prime target of numero Continue Reading

University of Texas El Paso Boots Basketball Players for Gambling

University of Texas El Paso Boots Basketball Players for Gambling

Three UTEP Miners basketball players are suspended following allegations of illegal sports gambling

If you’re an university sports fan, you most likely do not think much about the University of Texas at El Paso (UTEP) when considering to groups. Sure, you might have been aware of UTEP, but you are not too concerned whenever your favorite team suits up to play them, and you won’t be choosing them to win a championship that is national basketball or football anytime soon. If their basketball group is in the news, you know it’s probably not for anything they will have done on the court.

Three Players Accused of Betting on Games

And that’s exactly true for the headlines coming out of UTEP this week. Three players had been kicked off of the UTEP men’s basketball team after allegations had been made against them associated with gambling on sports. Those allegations finally caused the institution to report the gambling to the FBI that is local field, and then remove the players from their team.

For those searching for something similar to the 1994 Arizona State point shaving scandal, however, it doesn’t appear that things went quite that far in this case. In line with the college, none of the three UTEP players involved are accused of shaving points or games that are throwing and there is no evidence that any of them bet on games played by UTEP. Coach Tim Floyd stated that the evidence he’s seen backs up this bel Continue Reading

Nj Online Gambling Pays Off Bigtime for Lobbyists and Solicitors

Nj Online Gambling Pays Off Bigtime for Lobbyists and Solicitors

It’s good to become a casino industry lobbyist or attorney representing brand new Jersey online gaming, based on the latest reports (Image: thepublici.com)

Every person knows that whenever it involves gambling, the house always wins. In the full case of online gambling in New Jersey, it seems that the lobbyists and attorneys do pretty well on their own, too.

Help Services Make Bank

Based on disclosures posted by the nj-new Jersey Division of Gaming Enforcement, the online gambling industry has resulted in $50.3 million in payments to lawyers, lobbyists, and other professionals since mid-2009. The numbers came simply days before the first revenue numbers are planned to be released for New Jersey casino sites, and are section of an unusual requirement in brand New Jersey that demands disclosures for several professional re payments.

‘Many states have statutes requiring public disclosure of revenues by lobbyists, including New Jersey, but here is the time that is first have ever heard of a gaming regulatory agency needing disclosure of payments to lawyers,’ said Nicholas Casiello Jr., a lawyer because of the Fox Rothschild firm’s gaming group in Atlantic City.

This first report covered everything from July 2009 through December 2013, with future reports being made public for a quarterly basis.

The biggest ‘winner’ in terms of legal services was Brownstein Hyatt Farber Schreck, L.L.P., which made $1.89 millio Continue Reading