Adelson Gives $20M to PAC One Day Before New RAWA Filed

If anyone was in any doubt about the huge part money plays in US politics, then the not-so-subtle approach by billionaire Sheldon Adelson provided a perfect example last week. After all, on Tuesday the Las Vegas Sands boss made a huge $20 million donation to a Republican Party political action committee (PAC) called the Senate Leadership Fund, and the following day a new bill that seeks to ban internet gambling (S. 3376) was filed in the US Senate.
Interestingly, Senator Tom Cotton introduced his bill, S.3376, quietly on Wednesday, September 21, without the usual level of attention associated with previous similar legislation, but fortunately the action did not go unnoticed by the Poker Players Alliance (PPA). The Washington Post also shone some light on the matter, and in its article wrote:
“The day after it became public that billionaire casino magnate Sheldon Adelson gave $20 million to a super PAC with close ties to Senate Majority Leader Mitch McConnell (R-Ky.), three GOP senators introduced legislation that would effectively ban online gambling — a measure Adelson has long pushed for.”
While specific details of S.3376 are still sketchy, what is known is that it aims to overturn a 2011 decision by the Department of Justice which reinterpreted the Federal Wire Act as only prohibiting online sports betting, and not internet casino games or poker. Similar to the failed Restoration Of America’s Wire Act (RAWA), the new bill also appears to offer no exceptions for the regulated iGambling markets of Nevada, New Jersey or Delaware.
In addition to dismantling those online gambling markets already set-up, S.3376 obviously seeks to dissuade other states from pursuing similar liberal online gambling laws of their own. Adelson has personally also been less than subtle on this point, too, and while Pennsylvania contemplates introducing an iGaming bill, the owner of the Sands Bethlehem casino in Pennsylvania has stated that his reinvestment in the resort would be slashed should such legislation make progress.

Poker News
Mississippi Casinos Post Record Revenue in April as Sports Betting Beckons
04 Jun 2018
Mississippi’s casinos generated gross gaming revenue of $184 million in April, or 5% more compared to the same month in 2017. Furthermore, that total represents an all-time high for the state, and is 1.3% more than the previous record set in 2007 when thousands of volunteers entered Mississippi to assist in cleanup efforts post-Hurricane Katrina.
Switzerland Prepares For June 10th Legalized iGambling Referendum
04 Jun 2018
On June 10th, Switzerland will hold a national referendum to decide whether the ‘Money Gaming Act’ passed by the Swiss Parliament in September 2017 can be implemented next year in its present form. The piece of legislation paves the way for land-based casinos and local partners to offer legalized online gambling in Switzerland, although a
MGM Resorts International Buys NY's Empire City Casino for $850 Million
02 Jun 2018
Real estate and entertainment conglomerate MGM Resorts International has revealed that it’s embarking on a purchase of Empire City Casino, a slots and pari-mutuel wagering venue located in Yonkers, N.Y., just a few miles north of Manhattan. The deal was announced May 29 in a press release, and is expected to be completed near the
Delaware to Launch Full-Scale Sports Betting on June 5th
02 Jun 2018
Last month’s decision by the US Supreme Court to overturn the sports betting ban in the country has opened the floodgates for individual states to legalize and regulate sports wagering within their borders. Before its decision was even made, though, a number of states had already put in place the necessary legislation in order to