Lindsey Graham for President? The online gambling opponent has formed a committee which will evaluate whether a 2016 GOP run that is presidential be viable.
Lindsey Graham, the Republican Senator for South Carolina, who, along with Representative Jason Chaffetz (R-Utah), is co-sponsor of Restoration of America’s Wire Act (RAWA), is weighing the opportunities for a 2016 run during the presidency.
Graham this week established a committee known as ‘Security Through Strength’ that will explore whether a bid for the GOP nomination that is presidential viable.
‘What I’m looking at is, is there a pathway ahead on the floor in Iowa and New Hampshire for a guy like me? I have no idea until I look,’ said Graham.
Graham’s RAWA bill, if passed, would effectively ban all types of online gambling at a level that is federal aside from horse race gambling and dream sports. No exemptions is made for the states that have legalized and regulated Internet gaming within their borders, making its passage seem like a shot that is long most useful.
And Graham isn’t the only opponent of online gambling with his eyes in the candidacy. Previous New York Governor George Pataki, co-chair of Sheldon Adelson’s Coalition to Stop Web Gambling, announced earlier this that he is ‘seriously considering’ a run month.
Backed by Adelson
Both guys may be emboldened by the possibility of backing and campaign efforts from Adelson, that has donated over $100 million to Republican causes over the years.
Last year, the LVS chairman and his spouse Miriam Ochsorn donated $15 million to the pro-Gingrich action that is political ‘Winning Our Future,’ while Mitt Romney was the recipient (to no avail, of course) of Adelson’s help in 2012, to the tune of $30 million. Romney has stated he will not look for a 2016 presidential campaign spot this round that is go.
Graham, meanwhile, had shown little interest in the on line gambling question until 2013, when Adelson and Ochsorn cut $15,600 in checks for his campaign for reelection to Congress. Graham can be known to have attended a fundraising party at Adelson’s house.
Meanwhile, a report from townhall.com suggests Adelson recently met with a combined band of Republican lawmakers on Capitol Hill to renew his efforts to have online gambling prohibited in america. The personal briefing with members of the House Judiciary Committee, including Chaffetz, was described by sources as both a strategy conference and an update.
RAWA on the Rise
As of this week’s confirmation hearing for Loretta Lynch, Graham quizzed the Attorney General candidate on her feelings toward on line gambling, and in specific the DoJ’s 2011 opinion that is legal the Wire Act, which efficiently exposed the door for state-by-state regulation. Lynch nicely sidestepped the question.
Both Graham and Chaffetz have actually returned to the latest session of Congress with more political capital than they held this past year. Graham is now a known member of the Republican majority and Chaffetz was recently made chairman of the Government Oversight and Reform Committee.
Graham is a foreign policy hawk whom matters Senator John McCain as one of his closest allies. Announcing his intention to run, he cited the fight against Islamic extremism as his top concern.
He joins a listing of more than 15 Republicans who are considering operating for president, including A bush that is third dynasty in former Florida governor, Jeb Bush. Meanwhile, brand New Jersey Governor Chris Christie, under whose administration online gambling has been legalized within the Garden State, in addition has been linked with a push for the GOP candidacy.
Paul Phua has Sports Betting Conviction in Malaysia
Paul Phua was arrested in Malaysia for his role in a soccer ring that is betting in 2004, states the united states’s press. Meanwhile, he awaits trial in the United States having been arrested at Caesars Palace in June. (image: cardplayer.com)
Paul Phua, the high-stakes poker player that is standing trial in the US accused of masterminding some sort of Cup betting operation from Caesars Palace, has a conviction in Malaysia for the exact same offense, it has emerged.
Malaysian media reported this week that Phua was arrested in 2004 for his involvement in a ring that is betting in the European Champion soccer tournament of this year.
According to the Malaysiakini newsprint, Phua received a large fine and left the national country for Vietnam briefly a short while later, allegedly to escape those who were owed money after the operation was busted.
He ended up being banned from entering Malaysia, where on the web gambling was strictly prohibited during the soccer World Cup in 2008.
The Phua instance has received a complete lot of publicity in Malaysia, due primarily to the actions of nation’s Home Affairs Minister, Ahmad Zahid Hamidi.
In December Zahid wrote to Deputy Director associated with the FBI Mark Giuliano to refute allegations that Phua was a person in the 14K Triads, regardless of the FBI having been informed of his connections to the notorious organized crime group by Malaysian police in 2008.
In the page, which was later submitted as a court document by Phua’s defense team, Zahid stated that Phua had, in yesteryear, assisted the Government of Malaysia on ‘projects impacting our security that is national, and as such the government ended up being ‘eager for him to return to Malaysia.’
However, the letter ended up being deemed to be a serious breach of protocol and the federal government asked that it is withdrawn from court records.
Phua ended up being arrested with eight others, including his son Darren and fellow high-stakes player Richard Wong, in June after an FBI operation on three of Caesars’ luxury villas unearthed what was described as ‘an illegal cable room,’ the hub of the multi-million-dollar online World Cup operation that is betting.
Investigators switched off internet usage of the rooms and posed as technical repairmen in order to gain access to the villas and evidence that is gather.
The defense team has asked that this evidence is struck from the record it was obtained illegally and without a search warrant, and thus violates the defendants’ Fourth Amendment rights as they believe.
Macau Bribe Allegation
Five of Phua’s associates plead guilty and had been sentenced to probation that is unsupervised fines, while Paul and Darren Phua maintain their innocence.
Just weeks before these were arrested in Vegas Phua was one of 22 people arrested in Macau in just what authorities there called the biggest unlawful recreations betting breasts on record.
Prosecutors in the usa believe that Phua bribed police that is local order to secure his launch, allowing him to fly to Las Vegas to keep operations due to the fact 2014 World Cup, the biggest sports gambling event ever sold, gathered momentum.
The trial is currently delayed while the judge assesses whether evidence collected throughout the FBI’s covert surveillance operation is admissible in court.
Las Vegas Sands Corp Reports Record Revenue
The cat that got the cream: Sheldon Adelson’s LVS states record revenues inspite of the economic lull https://casino-bonus-free-money.com/titanic-slot/ in Macau. (Image: telegraph.co.uk)
Las Las Vegas Sands Corp (LVS) reported an archive of net revenue this week year.
Despite falling profits in Macau since the region faces an intense tightening of financial controls from mainland China; and despite a suspected Iranian cyber-attack in February that did untold financial damage to the company’s systems; and despite unsteady share rates in the latter element of the year, Sheldon Adelson’s casino giant is rude health.
LVS stated that its net revenue increased by 6 percent on last 12 months to unprecedented a lot of $14.58 billion.
Contrast this with Caesars Entertainment, which has lost cash each year since 2009, while struggling to repay the attention on its industry-high $20 billion-plus debt, as it tries to put its main operating unit it into Chapter 11 bankruptcy.
Macau ‘Still Wonderful’
Unlike LVS, Caesars did not purchase Macau when the region launched it self up to operators that are foreign and this is where the earnings are coming from, despite the softening of the area’s video gaming market.
‘ The Macau that is new is little different than the old Macau, but nevertheless a wonderful Macau,’ Robert Goldstein, Las Vegas Sands president and COO told CNBC. ‘We believe very much in this market.’
However, LVS’s Q4 revenues had been much lower, 12 months on year, due mainly to Macau poorer performance in the part that is latter of year. LVS, that has four casinos in Macau, said the Sands Asia company reported a 16 per cent decline in net income to $2.12 billion, and the Venetian Macao saw net revenue tumble by 23 per cent to $880.3 million, but this was offset by reduced operating costs, the business said.
Turnover from Macau nevertheless dwarfs the revenue of LVS Vegas’ properties, nonetheless, which took a combined 362 million in Q4. Total working expenses across all properties were down 14 % to $2.39 billion.
‘The wise handling of our cashflow, including the capacity to increase the return of capital to investors while maintaining a strong stability sheet and ample liquidity to invest in future growth opportunities, remains a cornerstone of our strategy,’ stated Adelson. ‘We remain focused on the consistent execution of our global growth strategy, which leverages the power of our unique convention-based incorporated Resort business design.’
This comes as Adelson seeks to redouble their efforts to stamp out online gaming in the US. Sources say that Adelson recently came across with Republican members of the House Judiciary Committee in an effort to discuss pushing the problem through during the new legislative session.
Adelson has vowed to spend ‘whatever it takes’ to rid the global globe of online gaming.