Election and Casino in US
William Yung III, who heads Crestview Hills-based Columbia Sussex Corp., has essentially placed a huge bet that newly elected Gov. Steve Beshear because he thinks that he will be able to get the state's long-standing prohibition against casinos lifted. An old fact for politics – a wealthy casino operator is defending an eye-catching $1 million contribution to a political group that worked to elect a pro-gambling governor in Kentucky.
Yung declared-''I make no apologies for helping get Steve Beshear elected. I've got a First Amendment right to spend my money any way I want to spend it.''
Beshear is proposing an amendment to the state constitution that would allow up to seven casinos to be built at Kentucky horse tracks and five others in communities along the state's borders with Indiana, Ohio, Tennessee and West Virginia. That many casinos, he said, could generate $600 million a year in tax revenue for a cash-strapped state government.
The proposal is a long shot in a Bible-belt state where lawmakers have rejected numerous other casino proposals over the past decade. If it passes, Yung would open a casino on a northern Kentucky site he bought just last month for $7 million.
Yung is well known because he may have worsened his odds with the land purchase and the political contributions, including a $10,000 donation to help pay for Beshear's inaugural party on the Capitol grounds. Casino opponents seized on his investments, claiming he is using his riches to buy his way into a new and potentially lucrative market.
Political contributions of $1 million or more are becoming common in state-level elections, said Rachel Weiss, spokeswoman for the National Institute on Money in State Politics.Yung would have to apply for a casino license just like anyone else, Beshear said.
''It would be naive for anybody to believe that a $1 million contribution to a fund that helped elect a pro-casino governor is not going to position the contributor in a favorable way,'' said John Mark Hack, head of the antigambling group Say No To Casinos.
Yung contends the problems were the result of a work slowdown unionized workers when the company began reducing jobs to bring staffing levels at the Tropicana in line with similar casinos.
Nevada gambling regulators, also reacting to the New Jersey sanctions, began a probe of Columbia Sussex, which has six casino-hotels in Nevada, including the Tropicana on the Las Vegas Strip.
Beshear had made legalizing casinos a centerpiece of his campaign against former Gov. Ernie Fletcher, a Republican who had been politically weakened by political scandal. Beshear pulled off a lopsided victory, and claimed it reflected broad-based support for legalizing casinos..
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Monday, 25 February 2008
Thursday, 21 February 2008
POKER NEWS
University of Texas and College Poker Life
At the University of Texas in Austin, students are still finding plenty of time to enjoy the game of poker. This time of year is when the action often dries out and spring break is in sight. Even with so much going on, , classes tends to get harder, studying becomes more of a priority, but students still have plenty of poker to look forward as their semester winds down.
An important poker club with regular events, host occasional tournaments and poker nights, with different school organizations being the sponsor. In 2006, the AMA of University of Texas held a poker night for charity, which raised money for the American Cancer Society. Other organizations that have held occasional free poker nights and events include the Electrical Computer Hispanic Organization, Honors Business Association, SEMA (Sports, Entertainment, and Media Association), and the DVSSN (Domestic Violence Survivor Support Network). Though many of these past events have been successful, students looking for something more regular will want to check out the MBA Card Club, as it is the closest thing to a poker club the school offers.
Persons or students, over 21, who are interested in freeroll events that aren't sanctioned by campus organizations will want to check out Ringers Sports Lounge for weekly tournaments boasting cash prizes. Students interested in other free bar events can check the website lonestarfreepoker.com for information on where to play in Austin. Lonestar currently runs events at Applebees, One-2-One, Rockin Tomato South, and Clicks Billiards. Students looking to hone their poker skills should not take these events lightly, as they serve as a great and inexpensive way to practice one's game before investing the big bucks.
Students looking for a nice profit won't have too hard of a time finding a soft, local game around the UT-Austin campus. Most of the games won't help pay your tuition, but an occasional $50 buy-in tournament isn't out of the question, nor is a game where a night's entertainment might cost $10… not including drinks.
For those students who need a taste of casino action, there's always the Kickapoo Lucky Eagle Casino, located a little less than four hours from Austin. While the drive may be staggering to some, students willing to make the trip will find a solid poker room, filled with 16 poker tables and regular action. The poker room holds regular $3/6 and $5/10 limit hold'em, as well as a regular $2/5 NL game. The poker room serves as a great excuse to plan a weekend trip, and is certainly a trip worth making once a semester or so.
Although Most of the local action certainly won't make a student rich and the nearest casino is a distance away, students can still easily find ways to enjoy the game. So … if u are young and you like poker Texas Universities are opportunities for you.
powered by:
www.casinodiario.com
At the University of Texas in Austin, students are still finding plenty of time to enjoy the game of poker. This time of year is when the action often dries out and spring break is in sight. Even with so much going on, , classes tends to get harder, studying becomes more of a priority, but students still have plenty of poker to look forward as their semester winds down.
An important poker club with regular events, host occasional tournaments and poker nights, with different school organizations being the sponsor. In 2006, the AMA of University of Texas held a poker night for charity, which raised money for the American Cancer Society. Other organizations that have held occasional free poker nights and events include the Electrical Computer Hispanic Organization, Honors Business Association, SEMA (Sports, Entertainment, and Media Association), and the DVSSN (Domestic Violence Survivor Support Network). Though many of these past events have been successful, students looking for something more regular will want to check out the MBA Card Club, as it is the closest thing to a poker club the school offers.
Persons or students, over 21, who are interested in freeroll events that aren't sanctioned by campus organizations will want to check out Ringers Sports Lounge for weekly tournaments boasting cash prizes. Students interested in other free bar events can check the website lonestarfreepoker.com for information on where to play in Austin. Lonestar currently runs events at Applebees, One-2-One, Rockin Tomato South, and Clicks Billiards. Students looking to hone their poker skills should not take these events lightly, as they serve as a great and inexpensive way to practice one's game before investing the big bucks.
Students looking for a nice profit won't have too hard of a time finding a soft, local game around the UT-Austin campus. Most of the games won't help pay your tuition, but an occasional $50 buy-in tournament isn't out of the question, nor is a game where a night's entertainment might cost $10… not including drinks.
For those students who need a taste of casino action, there's always the Kickapoo Lucky Eagle Casino, located a little less than four hours from Austin. While the drive may be staggering to some, students willing to make the trip will find a solid poker room, filled with 16 poker tables and regular action. The poker room holds regular $3/6 and $5/10 limit hold'em, as well as a regular $2/5 NL game. The poker room serves as a great excuse to plan a weekend trip, and is certainly a trip worth making once a semester or so.
Although Most of the local action certainly won't make a student rich and the nearest casino is a distance away, students can still easily find ways to enjoy the game. So … if u are young and you like poker Texas Universities are opportunities for you.
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www.casinodiario.com
Wednesday, 20 February 2008
POKER NEWS
PokerNews Cup Austria Update with €10,500
Only two and a half months left to the start of 2008's first PokerNews Cup, PokerNews continues to give its players many exclusive opportunities to play at the PokerNews Cup in Salzburg, Austria for free.
Salzburg, officially declared a UNESCO World Heritage Site in 1996, has more than just a world class casino on offer. Here was born and raised composer Wolfgang Amadeus Mozart, and here that the Oscar-winning 1965 classic, 'The Sound of Music' was filmed. This year, Salzburg was also officially named a EURO 2008 Host City for the 13th UEFA European Football Championships. The city will continue to shine when the PokerNews Cup Austria runs at the Concord Card Casino from April 23-27. The five day tournament features a €650 Main Event and two additional side events. Over 300 European players are expected at the Main Event and PokerNews is giving you the chance to join them!
PokerNews has teamed up with some of the best and biggest online poker rooms to give you the chance to win a €1,500 PokerNews Cup Austria Package for next to nothing! Each package will give you buy-in to the €650 Main Event, plus €850 cash for travel accommodation. Package winners also receive Team PokerNews membership which grants them access to an array of exclusive merchandise and other great benefits. That's amazing value and qualification is easy.
So, we are waiting for you in Austria.
powered by:
www.casinodiario.com
Only two and a half months left to the start of 2008's first PokerNews Cup, PokerNews continues to give its players many exclusive opportunities to play at the PokerNews Cup in Salzburg, Austria for free.
Salzburg, officially declared a UNESCO World Heritage Site in 1996, has more than just a world class casino on offer. Here was born and raised composer Wolfgang Amadeus Mozart, and here that the Oscar-winning 1965 classic, 'The Sound of Music' was filmed. This year, Salzburg was also officially named a EURO 2008 Host City for the 13th UEFA European Football Championships. The city will continue to shine when the PokerNews Cup Austria runs at the Concord Card Casino from April 23-27. The five day tournament features a €650 Main Event and two additional side events. Over 300 European players are expected at the Main Event and PokerNews is giving you the chance to join them!
PokerNews has teamed up with some of the best and biggest online poker rooms to give you the chance to win a €1,500 PokerNews Cup Austria Package for next to nothing! Each package will give you buy-in to the €650 Main Event, plus €850 cash for travel accommodation. Package winners also receive Team PokerNews membership which grants them access to an array of exclusive merchandise and other great benefits. That's amazing value and qualification is easy.
So, we are waiting for you in Austria.
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www.casinodiario.com
Thursday, 14 February 2008
POKER NEWS
Europe amaze again -Netherlands Official Blocks Vote - Exclusive Holland Gaming License
Dutch government officials postponed a vote in country's Senate that would have granted the Netherlands-owned Holland Casino a temporary, exclusive online gaming license. Minister of Justice Hirsch Ballin, cited concerns that the measure would be rejected by the Dutch Senate.
Holland Casino had previously been working with the Cryptologic Network. Only a week ago, the same Ministry of Justice had announced plans to prosecute Dutch banks and financial institutions that processed payments headed to online gambling sites. Ministry also announced its intent to create a blacklist of 'rogue' online sites, on which the determination of illegally processed transactions would be based.
So, the Dutch plan maybe have the risk of running counter to recent European Court decisions in the online gaming trade sector. EU come down against the efforts of governments to protect or enhance gambling-revenue streams by restricting or barring other companies from those nations' online markets. EU actions will have an impact against other member countries such as Sweden, Germany and France may have played a part in the Dutch Senate's lack of enthusiasm for the proposed measure.
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www.casinodiario.com
Dutch government officials postponed a vote in country's Senate that would have granted the Netherlands-owned Holland Casino a temporary, exclusive online gaming license. Minister of Justice Hirsch Ballin, cited concerns that the measure would be rejected by the Dutch Senate.
Holland Casino had previously been working with the Cryptologic Network. Only a week ago, the same Ministry of Justice had announced plans to prosecute Dutch banks and financial institutions that processed payments headed to online gambling sites. Ministry also announced its intent to create a blacklist of 'rogue' online sites, on which the determination of illegally processed transactions would be based.
So, the Dutch plan maybe have the risk of running counter to recent European Court decisions in the online gaming trade sector. EU come down against the efforts of governments to protect or enhance gambling-revenue streams by restricting or barring other companies from those nations' online markets. EU actions will have an impact against other member countries such as Sweden, Germany and France may have played a part in the Dutch Senate's lack of enthusiasm for the proposed measure.
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www.casinodiario.com
Wednesday, 13 February 2008
POKER NEWS
Sweden's Tax Spider Nets Poker Players
Sweden's tax board Skatteverket , has identified 47 cases of suspected tax evasion, representing €44.5 million in undeclared income, with €5 million purportedly attributed to individual poker players. Skatteverket announced that it was going to start targeting online poker sites and affiliates for tax evasion. Dag Hardyson, national project leader for the tax board's Internet unit, said they weren't interested in going after poker players; only the companies that provided online poker services or those that made money by directing players to those sites would be targeted. But reports this week identified that poker players are among those now facing back taxes and penalties.
Sweden had developed their own tax web crawlers, they converted over to the Xenon project in 2007. Xenon is a web spider that can be configured to target specific kinds of economic activity. Once relevant websites are identified, Xenon's Identity Information Extraction Module interfaces with national databases that automatically identify mailing addresses and other identity information present on the websites it has crawled and matches it against national tax records.
It should be noted that US is currently not a part of the Xenon project, but the IRS won't confirm or deny whether it uses web spiders for tax investigations. The IRS has access to a far more valuable information source relating to online gambling revenue. As part of its settlement with the Department of Justice, the online payment processor NETeller agreed to "cooperate fully" with the US government to avoid criminal prosecution.
Sweden's online tax collection efforts continue despite the increasingly complicated status of online gambling in Sweden. The Supreme Court cited rulings by the European Court of Justice that challenge the compatibility of Sweden's Lottery Law, which bans advertising by foreign gambling companies, with Sweden's commitments to the European Commission treaty. The European Commission has already issued a "reasoned decision" against Sweden for the country's online gambling laws, which favor its state-owned monopoly and discriminate against foreign competitors.
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HAVE FUN!
Sweden's tax board Skatteverket , has identified 47 cases of suspected tax evasion, representing €44.5 million in undeclared income, with €5 million purportedly attributed to individual poker players. Skatteverket announced that it was going to start targeting online poker sites and affiliates for tax evasion. Dag Hardyson, national project leader for the tax board's Internet unit, said they weren't interested in going after poker players; only the companies that provided online poker services or those that made money by directing players to those sites would be targeted. But reports this week identified that poker players are among those now facing back taxes and penalties.
Sweden had developed their own tax web crawlers, they converted over to the Xenon project in 2007. Xenon is a web spider that can be configured to target specific kinds of economic activity. Once relevant websites are identified, Xenon's Identity Information Extraction Module interfaces with national databases that automatically identify mailing addresses and other identity information present on the websites it has crawled and matches it against national tax records.
It should be noted that US is currently not a part of the Xenon project, but the IRS won't confirm or deny whether it uses web spiders for tax investigations. The IRS has access to a far more valuable information source relating to online gambling revenue. As part of its settlement with the Department of Justice, the online payment processor NETeller agreed to "cooperate fully" with the US government to avoid criminal prosecution.
Sweden's online tax collection efforts continue despite the increasingly complicated status of online gambling in Sweden. The Supreme Court cited rulings by the European Court of Justice that challenge the compatibility of Sweden's Lottery Law, which bans advertising by foreign gambling companies, with Sweden's commitments to the European Commission treaty. The European Commission has already issued a "reasoned decision" against Sweden for the country's online gambling laws, which favor its state-owned monopoly and discriminate against foreign competitors.
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http://www.casinodiario.com
HAVE FUN!
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