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Texas Governor Slams State Regulator’s Online Gambling Ambitions

Texas G<span id="more-5127"></span>overnor Slams State Regulator’s Online Gambling Ambitions

Not on his watch: Texas Governor Greg Abbott offers a resounding ‘no’ to online gambling.

Texas officials must stop their line of inquiry into legalizing online gambling, Governor Greg Abbot said this week.

In a letter towards the Chairman of the Texas Gambling Commission, Abbot said that a continuing state prohibition on gambling expansion is in place to protect residents and he ‘supports it wholeheartedly.’

Abbot’s veto comes in light of news that the state regulator happens to be information that is gathering the feasibility of adopting new gambling games in Texas, in particular recreations betting and daily fantasy sports. In October, commission professional manager Gary Grief joined up with staff on a fact-finding objective to Delaware to examine their state’s online gambling operations.

‘In light of constant pressures that are external expand the footprint of gaming in Texas, it is timely and necessary that we provide way on prohibiting all such expansions without express authorization and direction by the Texas Legislature,’ wrote Abbot in a page dated November 9, 2015.

‘Please ensure this intent and way is strictly enforced among the staff associated with the Texas Lottery Commission.

Please also notify the professional staff and director that any demand to go to gather details about video gaming opportunities that are prohibited in Texas should be denied.’

Gambling in Texas

The only forms of gambling currently legal in Texas are the state lottery, charitable bingo and raffles beyond the parimutuel betting at horseracing and dog tracks and the state’s one Indian casino.

Even the lottery, which earns $2.2 billion every two years for public training, is under threat and its abolition happens to be debated in the legislature every year since its 1991 inception.

In 2013, lawmakers voted by 81-65 to scrap the lottery, before realizing that plugging that $2.2 billion hole with raffles and bingo may be a stretch for the imagination.

A hastily assembled ballot reinstated it.

Opposition in the Legislature

The concept of gambling expansion does perhaps not stay well with the conservative and Christian sensibilities of a part that is large of legislature, and a bill to liberalize gambling this year ended up being summarily quashed.

‘that we may serve as a resource to the legislature should they decide to consider these other forms of gaming,’ Texas Lottery spokeswoman Kelly Cripe said of the reasoning behind the recent mission to Delaware though we may not offer these games, we want to be knowledgeable of the industry so.

‘As we carry on our mission to create income for Texas, our company is very mindful and respectful it may be the Texas Legislature that sets policy.’

However, this week Cripe told the Dallas Morning News that her organization would abide by the governor’s wishes.

Fontainebleau Resort Goes on the marketplace for $650 Million

Carl Icahn, who is prepared to sell the home he rescued from bankruptcy for the $4 million profit. (Image:

Fontainebleau, the big, ambitious $3 billion Vegas Strip megaresort that never was, is up for sale.

Carl Icahn, the billionaire raider that is corporate rescued the unfinished project from bankruptcy in 2010, is asking $650 million for the property, in accordance with CBRE Group, which has been hired to broker the deal.

The one caveat for potential purchasers: you will have to finish building it yourself.

Fontainebleau was one of a few huge developments conceived before the global economic downturn of 2008 that were devastated whenever recession hit throughout the construction stage. The tower was never finished, and the resort stays just 70 percent complete.

Fontainebleau had grand tips: named for a magnificent French chateau that was once home to the kings of France, its tower would, at 730-feet, end up being the tallest in Vegas.

Investment Opportunity

But, like experience Atlantic City, no project better symbolizes the financial crash that ravaged the casino industry from 2008 to 2011, during which time Las Vegas had been famously dubbed ‘Ground Zero of the economic downturn.’

Work began in the property in 2007. Developers Fontainebleau Resorts of Miami, invested $2 billion before being forced into Chapter 11 bankruptcy, as lenders, spooked by the depression that is economic bailed on the project.

In April 2009, Bank of America and JP Morgan Chase, canceled $770 million in construction funding.

But Vegas happens to be on the up, and Ichan demonstrably believes that royal casino las vegas chips Fontainebleau is not a doomed folly to economic shortsightedness, but an investment opportunity that is exciting.

‘I think Las Vegas still has an amount that is fair of to operate,’ said Icahn, who paid around $150 million for Fontainebleau. ‘But I’d rather sell it than take the full time and energy to create it out, which we have been considering doing,’ he told the Wall Street Journal this week.

On the Up

The visitors have came back to the city in their droves and room rates have reached record levels. Meanwhile, other tasks that were abandoned during the financial crisis, such as the Echelon and the nevada Plaza, have discovered new owners who’re willing to invest in their development.

Next door towards the Fontainebleau, the Frontier, which closed down earlier in the day this is to be redeveloped into an extension of the Las Vegas Convention and Visitors Authority’s Convention Center District year. The future unexpectedly looks bright for the end that is north of Strip.

‘Las Vegas didn’t just have recession, it had a depression,’ John Knott, executive vice president of CBRE Las Vegas told the Las Vegas Review Journal.

‘We’ve come a long distance. Gaming companies are investing in and renovating properties. Local gaming numbers are beginning showing improvement. New projects are bringing vibrancy to our community.

I believe the recession is behind us now.’

It’s estimated Fontainebleau would just take another couple of years to complete.

Hacker Group ‘Anonymous’ Targets Terrorists Over Payment Processors

Cyber hacking collective ‘Anonymous’ announced it is going after ISIS following the militants that are terrorist to have killed over 130 individuals in Paris last Friday. (Image:

Call them Terrorist Haters Anonymous, if you shall. However the group that lives up to its name is for once about to bring down the criminals with their own boy that is bad skills.

Yup, the vigilante collective known as ‘Anonymous’ is going to war, and they are moving in with a type or kind of cyber-Robin Hood promise this time.

The Internet hackers posted a video declaration against terrorist group Islamic State of Iraq and Syria (ISIS) throughout the week-end, claiming the self-proclaimed perpetrators accountable for the assaults in Paris will be ‘hunted down’ and stopped in their cyber songs.

Online communications, apparently now mainly moved onto gaming platforms in a ‘peer-to-peer’ mode that is inaccessible to police without obtaining warrants, have now been the mode that is primary preparing these global and deadly attacks, according to media sources.

Gaming World Knows DDoS Attacks All Too Well

The gambling community has also become familiar with other (often unidentified) proficient computer hackers disrupting operations at both land-based and online casinos while obviously no one would mind if Anonymous succeeds at disabling its victims and greatly hindering their operations.

In ’09 and 2010, two separate incidents compromised online that is popular gambling processors Moneybookers and Neteller, with an untold wide range of addresses, emails, telephone numbers, birthdates, and password tips stolen.

Last year, Iranian hackers angered by Sheldon Adelson’s pro-Israel place infiltrated network servers at the billionaire’s Sands Bethlehem resort in Pennsylvania, effectively shutting down the casino. And in a series of Distributed Denial of Service (DDoS) assaults sent four Internet casinos offline in New Jersey for some 30 minutes july.

Hackers have mostly been a force that is disruptive costs victims billions of bucks each year to defend, but also for now the masterminds are putting their skills to good use by going after ISIS, an organization condemned by all 28 member states of the North Atlantic Treaty Organization (NATO).

Yes, ISIS Tweets

ISIS is a group that is radical resides within the Iraq wilderness, primarily Ramadi, a city it captured once US forces withdrew from the area. ISIS’ war-ravaged head office isn’t without technology, the guerrillas possessing the capacity to distribute its communications and claims of responsibility online, since it has reportedly done regarding the Paris attacks.

Distributed through Twitter, ISIS called the bombings and mass shootings in Paris that left significantly more than 130 dead a ‘blessed attack’ therefore the ‘first of the storm.’

Anonymous responded in its own Internet message, a video showing a representative donning the group’s man Fawkes mask saying, ‘Anonymous from all around the globe will hunt you down … we’ll launch the biggest procedure ever against you.

‘ The French individuals are more powerful than you and will emerge of this atrocity even more powerful,’ the hackers concluded.

Consequential Outcomes

The Anonymous group’s wishes to disrupt the web operations of ISIS could be significant. The first line of ISIS recruitment is done through online, the team keeping a 24/7 social media presence that depends on its sympathetic followers to spread its messages and viewpoints.

‘As part of its quest to terrorize the world, ISIS has mastered an arena no group that is terrorist conquered before: the burgeoning world of social media marketing,’ writers Jessica Stern and J.M. Berger wrote within their book on Islamic extremism, ISIS: hawaii of Terror.

A report in March by the Brookings organization found upwards of 2,000 pro-ISIS Twitter accounts which were highly active, tweeting an average of 50 communications each day. Saudi Arabia, Syria, and Iraq were the top three stated locales of the tweeters, but concerning to Americans is the fact that the usa was fourth.

Twitter doesn’t reveal why or when it chooses to disable an account. ‘Is it ethical to suppress political speech, even when such rate is repugnant?’ Brookings asks.

Anonymous is planning to answer that question on its terms that are own. Gamblers can simply hope that other cyber that is such turn their attentions elsewhere as well.

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