Lindsey Graham for President? The online gambling opponent has created a committee that may gauge whether a 2016 GOP presidential run would be viable.
Lindsey Graham, the Republican Senator for sc, who, along with Representative Jason Chaffetz (R-Utah), is co-sponsor of Restoration of America’s Wire Act (RAWA), is weighing the possibilities for a 2016 run at the presidency.
Graham this week established a committee known as ‘Security Through Strength’ that will explore whether a bid for the GOP presidential nomination is viable.
‘What we’m looking at is, is there a pathway forward on the floor in Iowa and New Hampshire for the guy like me? I don’t know until I look,’ said Graham.
Graham’s RAWA bill, if passed, would effectively ban all forms of online gambling at a level that is federal apart from horse racing gambling and dream sports. No exemptions could be made for the states that have legalized and regulated Internet gaming within their borders, making its passage seem like a long shot at most readily useful.
And Graham is not the only opponent of online gambling with his eyes regarding the candidacy. Former New York Governor George Pataki, co-chair of Sheldon Adelson’s Coalition to avoid Web Gambling, announced earlier this month that he is ‘seriously considering’ a run.
Backed by Adelson
Both men may be emboldened by the chance for backing and campaign efforts from Adelson, that has donated over $100 million to Republican causes over the years.
In 2011, the LVS chairman and his wife Miriam Ochsorn donated $15 million towards the pro-Gingrich action that is political ‘Winning Our Future,’ while Mitt Romney was the recipient (to no avail, of course) of Adelson’s support in 2012, to your tune of $30 million. Romney has said he will not seek 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 also be known to have attended a fundraising party at Adelson’s home.
Meanwhile, a study 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 banned in the usa. The personal briefing with members of the House Judiciary Committee, which include Chaffetz, was described by sources as both a strategy conference plus an update.
RAWA on the Rise
Only at that week’s confirmation hearing for Loretta Lynch, Graham quizzed the Attorney General candidate on her emotions toward on line gambling, and in particular the DoJ’s 2011 legal viewpoint on the Wire Act, which efficiently started the door for state-by-state regulation. Lynch neatly sidestepped the question.
Both Graham and Chaffetz have returned to the latest session of Congress with an increase of 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 policy that is foreign who matters Senator John McCain as you of their closest allies. Announcing their intention to run, he cited the fight against https://casino-bonus-free-money.com/titanic-slot/ Islamic extremism as their top priority.
He joins a summary of more than 15 Republicans who’re considering operating for president, including a third bush dynasty possibility in former Florida governor, Jeb Bush. Meanwhile, New Jersey Governor Chris Christie, under whose administration online gambling has been legalized within the Garden State, has additionally been linked with a push for the GOP candidacy.
Paul Phua has Sports Betting Conviction in Malaysia
Paul Phua had been arrested in Malaysia for his role in a soccer ring that is betting in 2004, states the nation’s press. Meanwhile, he awaits trial in the US having been arrested at Caesars Palace in June. (image: cardplayer.com)
Paul Phua, the high-stakes poker player who’s standing trial in the US accused of masterminding a global Cup betting operation from Caesars Palace, has a conviction in Malaysia for equivalent offense, it has emerged.
Malaysian media reported this week that Phua ended up being arrested in 2004 for his involvement in a betting ring centered in the European Champion soccer tournament of this year.
According to the Malaysiakini newsprint, Phua received a sizable fine and left the national country for Vietnam briefly afterward, allegedly to escape those who were owed money after the operation was busted.
He had been barred from entering Malaysia, where on the web gambling was strictly prohibited through the soccer World Cup in 2008.
The Phua case has received a complete lot of publicity in Malaysia, due primarily to the actions of country’s Home Affairs Minister, Ahmad Zahid Hamidi.
In December Zahid wrote to Deputy Director regarding the FBI Mark Giuliano to refute allegations that Phua was a member of the 14K Triads, regardless of the FBI having been informed of his connections towards the notorious crime that is organized by Malaysian police in 2008.
In the page, which was later on submitted being a court document by Phua’s defense team, Zahid stated that Phua had, in days gone by, assisted the Government of Malaysia on ‘projects impacting our national security,’ and as such the government was ‘eager for him to return to Malaysia.’
However, the letter had been deemed to be a serious breach of protocol and the government asked it to be withdrawn from court records.
Phua had been arrested with eight other people, including his son Darren and fellow high-stakes player Richard Wong, in June after an FBI operation on three of Caesars’ luxury villas unearthed the thing that was described as ‘an illegal wire room,’ the hub of a multi-million-dollar online World Cup betting procedure.
Investigators turned off internet use of the rooms and posed as technical repairmen to be able to gain access to the villas and evidence that is gather.
The defense team has asked that this evidence is struck through 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 were sentenced to unsupervised probation and fines, while Paul and Darren Phua keep their innocence.
Just weeks before these people were arrested in Vegas Phua was one of 22 people arrested in Macau in what authorities there called the biggest unlawful recreations bust that is betting record.
Prosecutors in the usa believe that Phua bribed police that is local order to secure their release, permitting him to fly to Vegas to keep operations while the 2014 World Cup, the largest sports betting occasion in history, gathered momentum.
The trial happens to be delayed while the judge assesses whether evidence collected during the FBI’s covert surveillance operation is admissible in court.
Nevada Sands Corp Reports Record Revenue
The cat that got the cream: Sheldon Adelson’s LVS reports record revenues despite the financial lull in Macau. (Image: telegraph.co.uk)
Las Vegas Sands Corp (LVS) reported a record year of net revenue this week.
Despite falling profits in Macau as the region faces an intense tightening of financial controls from mainland China; and despite a suspected Iranian cyber-attack in February that did untold economic harm to the company’s systems; and despite unsteady share costs in the second section of the year, Sheldon Adelson’s casino giant is rude health.
LVS stated that its revenue that is net increased 6 percent on last 12 months to unprecedented most 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, into chapter 11 bankruptcy as it attempts to put its main operating unit it.
Macau ‘Still Wonderful’
Unlike LVS, Caesars didn’t purchase Macau when the location started itself up to operators that are foreign and also this is where the earnings are coming from, despite the softening of the area’s video gaming market.
‘ The new Macau is a little different than the old Macau, but nevertheless a wonderful Macau,’ Robert Goldstein, nevada 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 second part of the year. LVS, which has four casinos in Macau, stated the Sands Asia business reported a 16 % 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 had been offset by reduced operating costs, the company said.
Turnover from Macau still dwarfs the revenue of LVS Vegas’ properties, but, which took a combined 362 million in Q4. Total operating expenses across all properties were down 14 percent to $2.39 billion.
‘The prudent handling of our cash flow, including the capacity to increase the return of capital to shareholders while maintaining a strong balance sheet and sufficient liquidity to buy future growth possibilities, remains a cornerstone of our strategy,’ stated Adelson. ‘We remain focused on the constant execution of our global development strategy, which leverages the power of our unique Integrated Resort business model that is convention-based.’
This comes as Adelson seeks to redouble his efforts to stamp out online gaming in the usa. Sources say that Adelson recently came across with Republican members of your home Judiciary Committee in an effort to discuss pushing the problem through during the brand new session that is legislative.
Adelson has vowed to spend ‘whatever it takes’ to rid the world of online gaming.