Online Casino Transfer: News - Patrick Upsetting Politicians

08/16/2010		Online Casino Style: News Patrick Upsetting Politicans
Home History Games News Dictionary		What was hoped to be positive progress for the online gambling community in the state of Massachusetts this week has degrading into a standing stalemate as news out of the eastern seaboard indicates that regardless of a state legislative majority vote in favor of expanding casino rights, Governor Deval Patrick intends to stand his ground in refusing to sign the bill into law. The politicians finally came together to agree on allowing the construction and launch of three new land based casinos as well as two slot parlors in Massachusetts, only to find out that a counter-proposal from the Governor will keep them from getting what they voted for. The move by Patrick is being largely perceived as a veto of sorts, with the best circumstance being an unneeded delay on the construction of the casinos – which would mean more jobs and more taxes for the state – and the worst being a loss over this particular issue. The bill had passed the Senate with a majority vote of 25 – 15, and got through the House with a vote of 115 – 36, all in spite of continued threats (and apparently, promises) made by Patrick that he would exercise his right to veto if he had to, to prevent the law. His counter-proposal is laughable, offering up instead permissions for just one slot parlor license, an operation for which all bidders could apply. The bill passed by the legislative bodies will allow only racetrack owners to vie for operational rights of both the parlors and the casinos. There were solid reasons for its having been signed off on: all said and done, industry experts said that it could result in as much as $400 million in new revenues for the state. "If the governor vetoes this bill, or if he sends it back and it's unsignable or unworkable with the Legislature, he owns this recession; this is his recession," one politician said in a press conference. Patrick is earning himself quite a few unhappy politicians on his payroll, with party-specific arguments breaking out over the issue, which equates to the loss or delay of at least 15,000 new jobs.

08/16/2010

Online Casino Style: News
Patrick Upsetting Politicans

What was hoped to be positive progress for the online gambling community in the state of Massachusetts this week has degrading into a standing stalemate as news out of the eastern seaboard indicates that regardless of a state legislative majority vote in favor of expanding casino rights, Governor Deval Patrick intends to stand his ground in refusing to sign the bill into law. The politicians finally came together to agree on allowing the construction and launch of three new land based casinos as well as two slot parlors in Massachusetts, only to find out that a counter-proposal from the Governor will keep them from getting what they voted for.

The move by Patrick is being largely perceived as a veto of sorts, with the best circumstance being an unneeded delay on the construction of the casinos – which would mean more jobs and more taxes for the state – and the worst being a loss over this particular issue. The bill had passed the Senate with a majority vote of 25 – 15, and got through the House with a vote of 115 – 36, all in spite of continued threats (and apparently, promises) made by Patrick that he would exercise his right to veto if he had to, to prevent the law.

His counter-proposal is laughable, offering up instead permissions for just one slot parlor license, an operation for which all bidders could apply. The bill passed by the legislative bodies will allow only racetrack owners to vie for operational rights of both the parlors and the casinos. There were solid reasons for its having been signed off on: all said and done, industry experts said that it could result in as much as $400 million in new revenues for the state.

"If the governor vetoes this bill, or if he sends it back and it's unsignable or unworkable with the Legislature, he owns this recession; this is his recession," one politician said in a press conference. Patrick is earning himself quite a few unhappy politicians on his payroll, with party-specific arguments breaking out over the issue, which equates to the loss or delay of at least 15,000 new jobs.