• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 7 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

He’s Got Clout

Newsdesk by Newsdesk
Thu 10 Apr 2014 at 07:13
Print Friendly, PDF & Email

Sheldon Adelson muscles a bill to outlaw Web gambling into the US Congress

Sheldon Adelson’s crusade against online gambling in the United States has scored its first victory in the form of companion bills introduced last month in the Senate and House of Representatives to outlaw the industry.

South Carolina Sen. Lindsey Graham and Rep. Jason Chaffetz of Utah, both Republicans from conservative Republican states, are sponsoring the legislation, which is designed to shut the door the US Justice Department opened in 2011 with a legal decision that reinterpreted a decades-old federal prohibition on interstate gambling to apply only to sports betting.

Since then three states—Nevada, New Jersey and Delaware— have legalized Web gambling in different forms, and more taxhungry state governments are expected to follow.

The American Gaming Association responded to the bills immediately and critically. The land-based casino industry’s Washington lobbying arm supports legalization in line with the interests of its dominant Las Vegas-based members, MGM Resorts International and Caesars Entertainment.

“It’s really simple. This ban on all Internet gaming would make American families and consumers less safe online,” said Mary Bono, a Republican former House member who chairs the AGA’s recently formed Coalition for Consumer and Online Protection. “There isn’t any question whether Americans are gaming online. They are,” she said. “Congress should be focused on keeping them safe, not shutting down existing consumer protections.”

The legislation also is being watched closely by Nevada senators Harry Reid, a Democrat who holds the powerful position of majority leader, and Republican Dean Heller, both of whom want a carve-out for online poker consistent with the law in effect in Nevada, which authorizes only poker.

The Democratic Governors Association, representing states considering legalization or with state-sponsored lotteries looking to expand online, also responded by releasing a letter objecting to the bills. Among AGA members, Mr Adelson’s Las Vegas Sands Corp. is the one outspoken opponent of Internet gambling. Steve Wynn’s Wynn Resorts is on record as skeptical of the financial benefits but so far has been sitting out the political fight.

Estimates of the revenue potential range nationally from US$3.5 billion to $5 billion, with some analysts projecting upwards of $9 billion. Mr Adelson, however, makes most of his money in Asia and believes Web gambling poses a societal threat, particularly to children and individuals vulnerable to problem gambling, that ultimately will damage the image and interests of the mainstream industry in the US, where LVS also has a significant presence. The company is backing a broad national campaign, led by a group called the Coalition to Stop Internet Gambling, to make sure that position is heard.

Mr Adelson’s lavish spending on US election campaigns guarantees him a ready audience among Republicans in Washington on domestic and international issues, namely with regard to labor unions, which he opposes, and the idea of a greater Israel, which he supports, and now online gambling. He became a major player in Republican politics in the 2012 elections when he spent more than $93 million in an unsuccessful effort to defeat Democratic President Barack Obama, and it’s expected that he’ll be writing massive checks again in this year’s congressional elections and in the 2016 campaign for the White House.

RelatedPosts

Dr Miriam Adelson pens heartfelt tribute to husband Mr Sheldon Adelson on his passing

Dr Miriam Adelson to sell 10% of Las Vegas Sands stake to fund acquisition of US sports franchise

Wed 29 Nov 2023 at 06:16
Sands China honors vision of company founder Sheldon Adelson as The Londoner Macao holds Grand Opening

Sands China honors vision of company founder Sheldon Adelson as The Londoner Macao holds Grand Opening

Fri 26 May 2023 at 04:43
Pent-up demand drives US commercial gaming revenue to all-time high in 2Q21

US commercial gaming operators record all-time quarterly revenue record in 2Q22

Fri 12 Aug 2022 at 05:48
Dr Miriam Adelson pens heartfelt tribute to husband Mr Sheldon Adelson on his passing

Miriam Adelson tops gaming industry in Forbes 2022 Billionaires Rich List, Lui Che Woo Asia’s highest

Thu 7 Apr 2022 at 05:01
Load More
Tags: Sheldon AdelsonUSA
ShareShare
Newsdesk

Newsdesk

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which time they will only be permitted to operate as management companies and will no longer be allowed to share in...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial recognition technology to fulfil the player tracking and harm minimization concerns of operators and regulators alike. The pervasive nature of...

Treasure hunting

Treasure hunting

by Ben Blaschke
Wed 28 May 2025 at 17:14

Jumbo unveiled four brand-new progressive jackpot links at G2E Asia in early May, all showcased at the company’s eye-catching “Treasure Pot” booth display. The highly anticipated 2025 G2E Asia trade show concluded in May, bringing together top-tier brands and industry...

From beginner to top affiliate

From beginner to top affiliate

by Ben Blaschke
Wed 28 May 2025 at 16:43

1xBet provides a step by step guide for potential affiliates to join its promotional program 1xPartners. The online audience is expanding at a rapid pace, creating unique opportunities to earn money by promoting products and services through partnership programs. In...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English