{"id":16635,"date":"2015-08-26T12:46:19","date_gmt":"2015-08-26T20:46:19","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=16635"},"modified":"2015-08-26T15:44:44","modified_gmt":"2015-08-26T23:44:44","slug":"new-jersey-loses-again-from-russia-with-casinos","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/new-jersey-loses-again-from-russia-with-casinos\/","title":{"rendered":"New Jersey loses again; From Russia with casinos"},"content":{"rendered":"<p><script src=\"https:\/\/player.espn.com\/player.js?playerBrandingId=4ef8000cbaf34c1687a7d9a26fe0e89e&amp;adSetCode=91cDU6NuXTGKz3OdjOxFdAgJVtQcKJnI&amp;pcode=1kNG061cgaoolOncv54OAO1ceO-I&amp;width=450&amp;height=253&amp;externalId=espn:13508740&amp;thruParam_espn-ui[autoPlay]=false&amp;thruParam_espn-ui[playRelatedExternally]=true\"><\/script><br \/>\n<strong>New Jersey<\/strong>&#8216;s quest for sports betting came to a bitter, penultimate roadblock before the <strong>Third Circuit Court of Appeals<\/strong>, which deemed the Garden State&#8217;s repeal of its sports-betting ban to be a violation of the\u00a0<strong>Professional and Amateur Sports Protection Act<\/strong>. The ruling was basically a rerun of prior Third Circuit edicts, with judges\u00a0<strong>Maryanne Trump Barry<\/strong> and <strong>Marjorie Rendell<\/strong> frowning upon New Jersey&#8217;s law and Judge <strong>Julio Fuentes<\/strong> <a href=\"http:\/\/espn.go.com\/chalk\/story\/_\/id\/13507681\/federal-appeals-court-denies-new-jersey-bid-legalized-sports-betting\" target=\"_blank\">the lone voice of sanity<\/a>, saying\u00a0<!--more-->&#8220;There is simply no conceivable reading of PASPA that could preclude a state from restricting sports wagering.&#8221;<\/p>\n<p>State Senator <strong>Raymond Lesniak<\/strong> is going to make a last-ditch, long-shot appeal <a href=\"http:\/\/vegasinc.com\/business\/gaming\/2015\/aug\/26\/will-court-ruling-nj-gaming-stop-spread-legal-spor\/?utm_source=mostpopular&amp;utm_medium=banner&amp;utm_campaign=mostRead&amp;_ga=1.39097635.181002990.1421958548\" target=\"_blank\">to the entire Third Circuit panel<\/a> but a dramatic <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2013\/09\/Geoff-Freeman.jpg\"><img loading=\"lazy\" class=\"alignright size-medium wp-image-11632\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2013\/09\/Geoff-Freeman-300x200.jpg\" alt=\"Geoff-Freeman\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2013\/09\/Geoff-Freeman-300x200.jpg 300w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2013\/09\/Geoff-Freeman-150x100.jpg 150w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2013\/09\/Geoff-Freeman.jpg 480w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>reversal of events seems unlikely. <strong>NBA<\/strong> Commissioner <strong>Adam Silver<\/strong> hailed the decision, calling for sports betting to be legalized by way of Congress, where a bill to do so is currently languishing. AGA President <strong>Geoff Freeman<\/strong>\u00a0(<em>above<\/em>) reacted with predictable dismay, pointing to the money being forfeited thanks to the Third Circuit&#8217;s stance:\u00a0&#8220;With Americans betting at least $140 billion on sports illegally each year, it&#8217;s clear that current law is not achieving its intended result.&#8221;<\/p>\n<p>While <strong>Internet<\/strong> gambling has proven merely to be lagniappe for <strong>Atlantic City<\/strong> casinos and not the Fountain of Youth, sports betting would genuinely have been a shot in the arm. Gov. <strong>Chris Christie<\/strong> (R) has fought the good fight on this issue but it will take a miracle to achieve victory.<\/p>\n<p>* <strong>Lawrence Ho<\/strong> is just days from opening <strong>Tigre de Cristal<\/strong> casino in the Russian <a href=\"https:\/\/en.wikipedia.org\/wiki\/Primorsky_Krai\" target=\"_blank\">region<\/a> of <strong>Primorye<\/strong>. Gamblers from <strong>China<\/strong>, <strong>South Korea<\/strong> and <strong>Japan<\/strong> will be able to reach it by way of <strong>Vladivostok<\/strong>. Ho is starting cautiously, only committing 800 slots, 65 tables and 119 hotel rooms to the project. Still, Tigre de Cristal is the first &#8220;super casino&#8221; <a href=\"http:\/\/www.pokernewsreport.com\/russia-about-to-take-on-macau-as-asian-gambling-hub-18279\" target=\"_blank\">of a planned 16<\/a> in Primorye. When the area is fully developed, government officials predict 10 million annual visitors and <strong>Las Vegas Strip<\/strong>-sized revenues in excess of $5 billion.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/VSXkS8WpXMY\" width=\"450\" height=\"253\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Given the single-digit tax rate in Primorye, the region is expected to be attractive to developers. It will also be an acid test for Russia&#8217;s experiment with banishing casinos to distant, geographically restricted areas like <strong>Azov City<\/strong> (with which <strong>Harrah&#8217;s Entertainment<\/strong> flirted). Visas are not required for tour groups from China, so that bodes well. However, unless an exception is enacted, smoking will be forbidden in the casino. As you can see from the video, the beautiful people are expected to come out in force.<\/p>\n<p>* Gaming writer <em>par excellence<\/em> <strong>James Rutherford<\/strong> has <a href=\"http:\/\/ggbmagazine.com\/issue\/vol-14-no-9-september-2015\/article\/the-macau-problem\" target=\"_blank\" class=\"broken_link\">done a penetrating analysis<\/a> of the listless <strong>Macao<\/strong> gaming market and suffice it to say that the problem runs a lot deeper than just a government crackdown on graft. Or, as one casino operator asks,\u00a0\u201cDo the customers already find Macao boring?\u201d<\/p>\n<p>* Casino legalization has failed yet again to make the agenda of the Japanese parliament. Ho-hum. We&#8217;re told it might really, really, <em>really<\/em> just <em>possibly<\/em> make it onto the docket of a special session. And <strong>General Tojo<\/strong> might have been a nice guy but I very much doubt it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Jersey&#8216;s quest for sports betting came to a bitter, penultimate roadblock before the Third Circuit Court of Appeals, which deemed the Garden State&#8217;s repeal of its sports-betting ban to be a violation of the\u00a0Professional and Amateur Sports Protection Act. &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/new-jersey-loses-again-from-russia-with-casinos\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14,7,22,171,94,62,33,187,31],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/16635"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=16635"}],"version-history":[{"count":3,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/16635\/revisions"}],"predecessor-version":[{"id":16646,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/16635\/revisions\/16646"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=16635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=16635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=16635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}