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Thread: N.J. Senate to consider deregulation of Atlantic City casinos

  1. #1
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    N.J. Senate to consider deregulation of Atlantic City casinos

    nj.com

    Governor Christie made his name on premise of “NJ = corruption” wants to lower regulation of NJ's casinos?


    A proposed deregulation of casinos up for a vote today in the state Senate could expose the gaming resort to corruption and weaken a system of oversight that has been used as a model around the globe, critics say.

    But advocates for part of Gov. Chris Christie’s plan to overhaul the ailing gambling mecca say the rules, designed to keep organized crime out of Atlantic City decades ago, are outdated and stymie growth.

    “If you want to achieve the regulatory savings that these bills aim to achieve and you want to encourage more casinos to operate in New Jersey in a more effective manner, you need to bring your regulation into the 21st century,” Christie said Friday at the Statehouse. “These bills represent the best of the state models that we’ve seen.”

    Two of the architects of the original rules enacted in the 1970s, former lawmakers James R. Hurley and Steven Perskie, have become the most vocal opponents to the proposed overhaul.

    They say the current system was designed to keep out crime and prevent the mob from infiltrating the casino industry, and an overhaul runs the risk not only of undermining that but could politicize a system designed to be independent.

    “To do what this bill does, which is to throw everything up against the wall, is in my view a mistake,” Perskie said.

    For Christie, who has championed efforts to shrink government and cut costs, it’s also about the money.

    In touting the proposal at a town-hall meeting last week, he said the casinos have committed to taking the money they save from deregulation and spending it to market Atlantic City, part of an effort to remake the resort’s image. He estimated the state’s 11 casinos could save as much as $60 million through deregulation.

    Christie dismissed criticism that deregulation could lead to abuses and said such claims were attempts by bureaucrats to “protect their turf.”

    Hurley said he believes the cost to government won’t go down that much because functions would be spread out. He called the changes “penny-wise and pound-foolish.”

    Under the proposal, many of the licensing and fining functions would be moved from the Casino Control Commission, created when gambling was instituted in 1977, to the Division of Gaming Enforcement, an arm of the Attorney General’s Office that investigates and prosecutes the casinos. The division often reports its results to the commission if the violation is regulatory.

    Changing the structure could give too much power to a single government official, said Perskie, a former state Superior Court judge. While Perskie said he doesn’t question the integrity of anyone working in the Division of Gaming Enforcement, the system is designed to keep future officeholders from using the position to blend politics with casino regulations, possibly leading to corruption.

    “A divided system has helped to protect the public interest against that possibility,” he said. “There is always that risk.”

    The proposal would also eliminate some levels of oversight and give the casinos more liberty in tracking and reporting how cash moves in casinos.

    Some of those changes are both “stupid” and “scary,” said James Wortman, director of the Office of Gaming Education and Research at the University of Houston who was an Atlantic City casino executive in the 1980s and 1990s.

    Taking away the commission’s ability to review and license employees, Wortman said, raises the risk of unqualified and unscrupulous people counting the money or overseeing its movement. If that happens, skimming and fraud becomes a risk, he said.

    “To me, that’s scary,” he said.

    Wortman pointed out that Australia practically took New Jersey’s regulations and made them its own.

    “The Casino Control Commission did very, very strict regulations in the beginning for the sole purpose of building up the confidence of citizens and the consumers that there would be no mob involvement,” he said.

    Sen. Raymond Lesniak (D-Union), a co-sponsor of the overhaul legislation, said the existing regulations ignore advances in technology that improve security, as well as changing gambling environments.

    “We can’t get stuck in the past,” Lesniak said. “We’re often stuck with regulations that were designed for a start-up industry some 50 or 40 years ago, and under different circumstances than exist now. They should be looked at and brought up to date. I believe that’s what we’re doing.”

  2. #2
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    Don't care.

    Two things, as constant as the rising sun, Buster threads on how much he hates the new boss (same as the old boss), and CPA posts on how much public sector workers are killing us all.

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    Yeah, I don't really care either. This whole article is predicated on the notion that the mafia still has the same influence today that it did 40 years ago, and thus, we must sustain regulatory policies that are 40 years old.

    btw, Blame Christie, but ignore that Lesniak (a Democrat with a bold-faced D) is quoted as a main sponsor of the bill.

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    Quote Originally Posted by pauliec View Post
    Yeah, I don't really care either. This whole article is predicated on the notion that the mafia still has the same influence today that it did 40 years ago, and thus, we must sustain regulatory policies that are 40 years old.

    btw, Blame Christie, but ignore that Lesniak (a Democrat with a bold-faced D) is quoted as a main sponsor of the bill.
    Mafia?

    You think the corruption in NJ stems from the Mafia?

    Please.

    The corruption in NJ comes from the system in which one unchecked and unknown office holder has the power to decide. Whether it is building permits, environmental wavers or casino licenses this is a bad thing. NJ history has proven that checks and balances are needed. This bill will eliminate the checks and balances on the casino industry.

    I imagine two years ago Governor Christie was investigating Lesniak and now he is following his lead. How much has Steve Wynn contributed to the Governors re-election committee?

    Speaking of Mafia, you know the Governor Christie is related by marriage to Genovese crime family member Tino Fiumara. The Governor also has visited Mr. Fiumara in Federal prison.

    njelection.wordpress.com

    wikipedia.org_Fiumara

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    Ok.

    So whats your point, exactly?

    Why should I have anything but a to this, and your dozen other "I hate Christie, but excuse every NJ Dem Ever" threads?

    Just trying to get clarity on what your accomplishing posting local news stuff no one (it seems) cares about. I doubt you'll find a single Christie-for-Pres. supporter here, so who are you trying to convince, and of what?

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    Quote Originally Posted by Warfish View Post
    Ok.

    So whats your point, exactly?

    Why should I have anything but a to this, and your dozen other "I hate Christie, but excuse every NJ Dem Ever" threads?

    Just trying to get clarity on what your accomplishing posting local news stuff no one (it seems) cares about. I doubt you'll find a single Christie-for-Pres. supporter here, so who are you trying to convince, and of what?
    A) I thought you did not care?

    B) many people here have stated they think Governor Christie woud be a good President

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    Quote Originally Posted by Buster View Post
    Mafia?

    You think the corruption in NJ stems from the Mafia?

    Please.

    The corruption in NJ comes from the system in which one unchecked and unknown office holder has the power to decide. Whether it is building permits, environmental wavers or casino licenses this is a bad thing. NJ history has proven that checks and balances are needed. This bill will eliminate the checks and balances on the casino industry.

    I imagine two years ago Governor Christie was investigating Lesniak and now he is following his lead. How much has Steve Wynn contributed to the Governors re-election committee?

    Speaking of Mafia, you know the Governor Christie is related by marriage to Genovese crime family member Tino Fiumara. The Governor also has visited Mr. Fiumara in Federal prison.

    njelection.wordpress.com

    wikipedia.org_Fiumara

    I was just referencing the article you posted:

    Two of the architects of the original rules enacted in the 1970s, former lawmakers James R. Hurley and Steven Perskie, have become the most vocal opponents to the proposed overhaul.

    They say the current system was designed to keep out crime and prevent the mob from infiltrating the casino industry, and an overhaul runs the risk not only of undermining that but could politicize a system designed to be independent.

    Also, are you implying that the Governor has some sort of nefarious relationship with the Genovese crime family? That's quite an allegation.

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    Quote Originally Posted by Buster View Post
    A) I thought you did not care?
    About the issue? No.

    About what drives and motivates my fellow posters, yes.

    B) many people here have stated they think Governor Christie woud be a good President
    So your point with these repeated Anti-Christie threads is to....convince those folks Christie is a bad, bad man?

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    Quote Originally Posted by Buster View Post
    B) many people here have stated they think Governor Christie woud be a good President
    Surpisingly, I think I'm the only person who has said that more than once...

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    Quote Originally Posted by pauliec View Post
    Also, are you implying that the Governor has some sort of nefarious relationship with the Genovese crime family? That's quite an allegation.
    It's inevitable. If you're a guinea, you MUST have mob ties.

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    Quote Originally Posted by sourceworx View Post
    It's inevitable. If you're a guinea, you MUST have mob ties.


    It's our cross to bear, paisan.

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    Quote Originally Posted by sourceworx View Post
    It's inevitable. If you're a guinea, you MUST have mob ties.


    If you are of any ethnic background and your aunt is married to a leader of Genovese crime family and you visit that guy while he is in federal prison and you neglect to mention this uncle when the FBI does a background check on you then by definition you have 'mob ties'. Whether those ties are "nefarious" or not is a different story.

  13. #13
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    Quote Originally Posted by Buster View Post
    If you are of any ethnic background and your aunt is married to a leader of Genovese crime family and you visit that guy while he is in federal prison and you neglect to mention this uncle when the FBI does a background check on you then by definition you have 'mob ties'. Whether those ties are "nefarious" or not is a different story.
    LOL

    So now your gripe against Christie is that he has mob ties. Gotcha.

  14. #14
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    Speaking of NJ and Atlantic City, I sometimes wish the world was like "Boardwalk Empires".

    Does that make me a bad person?

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    Quote Originally Posted by pauliec View Post
    LOL

    So now your gripe against Christie is that he has mob ties. Gotcha.
    It is not a gripe.

    It is a fact.

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    Quote Originally Posted by Warfish View Post
    Speaking of NJ and Atlantic City, I sometimes wish the world was like "Boardwalk Empires".

    Does that make me a bad person?

    You preferred the 'good old days' when corrupt NJ politicians were Republicans?




    I'd like to know more about the (crazy) politics that led up to the XVIII amendment. Apparently the folks who voted for it were also big drinkers.

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    Quote Originally Posted by Buster View Post
    It is not a gripe.

    It is a fact.
    It's a fact that the leading senator pushing this bill is a Democrat.

    Please discuss.

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    Quote Originally Posted by Revi$_I$l@nd View Post
    It's a fact that the leading senator pushing this bill is a Democrat.

    Please discuss.
    In my estimation it is a very bad idea to lower the regulations on NJ's casino industry. This will not 'save' Atlantic City, it will not cause AC to generate the tax revenues it did 3 years ago, it will just put more money in Steve Wynn’s and Harrah’s pockets. Governor Christie says the money will be used for “marketing” AC. unless the casinos can somehow “Market” Atlantic City 60miles closer to NYC I don’t think this will help. Christie made his name being a "corruption buster" while he was a US attorney. Now he wants a law that removes the checks and balances that currently exist for granting gaming licenses. Sounds like corruption waiting to happen. If I could I would vote against this bill.


    Has anyone other poster expressed their opinion on this issue in this thread?

    I think not.

    What say you Revi$_I$l@nd?

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