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RAWA Sp<span id="more-10679"></span>onsor Lindsey Graham Considers 2016 Presidential Run

Lindsey Graham for President? The web gambling opponent has formed a committee which will evaluate 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 here a pathway ahead on the floor in Iowa and New Hampshire for the man like me? I don’t know until I look,‘ said Graham.

Graham’s RAWA bill, if passed, would effortlessly ban all types of online gambling at a level that is federal apart from horse race wagering and fantasy sports. No exemptions will be designed for the states that have previously legalized and managed Internet gaming within their borders, making its passage seem like a shot that is long most readily useful.

And Graham isn’t the only opponent of online gambling with his eyes in the candidacy. Former New York Governor George Pataki, co-chair of Sheldon Adelson’s Coalition to quit Internet Gambling, announced early in the day 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, who has donated over $100 million to causes that are republican the years.

In 2011, the LVS chairman and his wife Miriam Ochsorn donated $15 million to your pro-Gingrich political action committee ‚Winning Our Future,‘ while Mitt Romney was the recipient (to no avail, of course) of Adelson’s help in 2012, to your tune of $30 million. Romney has said he will not look for a 2016 presidential campaign spot this round that is go.

Graham, meanwhile, had shown interest that is little the online 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 study from townhall.com suggests Adelson recently met with a combined group of Republican lawmakers on Capitol Hill to renew his efforts to have online gambling banned in the US. The briefing that is private members of the home Judiciary Committee, including Chaffetz, was described by sources as both a strategy meeting and an update.

RAWA on the Rise

At this week’s confirmation hearing for Loretta Lynch, Graham quizzed the Attorney General candidate on her emotions toward online gambling, and in particular the DoJ’s 2011 legal opinion on the Wire Act, which effectively launched the door for state-by-state regulation. Lynch nicely sidestepped the question.

Both Graham and Chaffetz have returned to the new session of Congress with more political capital than they held year that is last. 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 one of their closest allies. Announcing their intention to run, he cited the fight against Islamic extremism as their top priority.

He joins a listing of more than 15 Republicans who’re considering operating for president, including A bush that is third dynasty in former Florida governor, Jeb Bush. Meanwhile, New Jersey Governor Chris Christie, under whose administration online gambling has been legalized in the Garden State, has additionally been linked with a push for the GOP candidacy.

Paul Phua has Sports Betting Conviction in Malaysia

Paul Phua ended up being arrested in Malaysia for his role in a soccer ring that is betting in 2004, says the nation’s press. Meanwhile, he awaits test in the US having been arrested at Caesars Palace in June. (image: cardplayer.com)

Paul Phua, the high-stakes poker player who is standing test in the US accused of masterminding a World Cup betting operation from Caesars Palace, has a conviction in Malaysia for similar offense, it has emerged.

Malaysian media reported this week that Phua was arrested in 2004 for his involvement in a betting ring centered regarding the European Champion soccer competition of this year.

Based on the Malaysiakini magazine, Phua received a sizable fine and left the country for Vietnam fleetingly afterward, allegedly to escape those who were owed money after the operation was busted.

He was barred from entering Malaysia, where on the web gambling ended up being strictly prohibited through the soccer World Cup in 2008.

The Phua case has gotten a complete lot of publicity in Malaysia, mainly due to the actions of country’s Home Affairs Minister, Ahmad Zahid Hamidi.

In December Zahid wrote to Deputy Director associated with FBI Mark Giuliano to refute allegations that Phua was a member of the 14K Triads, despite the FBI having been informed of his connections to your notorious crime that is organized by Malaysian police in 2008.

Political Stink

In the page, which ended up being later on submitted as a court document by Phua’s defense team, Zahid stated that Phua had, in yesteryear, assisted the Government of Malaysia on ‚projects affecting our national security,‘ and as such the government ended up being ‚eager for him to return to Malaysia.‘

However, the page ended up being considered to be a breach that is serious of and the federal government asked it to be 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 the thing that was described as ‚an illegal cable room,‘ the https://casino-bonus-free-money.com/titanic-slot/ hub of the multi-million-dollar internet Cup betting operation.

Investigators switched off internet usage of the rooms and posed as technical repairmen in order to gain use of the villas and gather evidence.

The protection team has asked that this evidence is struck through the record as they think it was obtained illegally and with out a search warrant, and therefore violates the defendants‘ Fourth Amendment rights.

Macau Bribe Allegation

Five of Phua’s associates plead guilty and were sentenced to probation that is unsupervised fines, while Paul and Darren Phua maintain their innocence.

Just weeks before they were arrested in Vegas Phua was certainly one of 22 people arrested in Macau in just what authorities there called the biggest illegal activities bust that is betting record.

Prosecutors in the US believe that Phua bribed police that is local order to secure his release, enabling him to fly to Las Vegas to carry on operations due to the fact 2014 World Cup, the greatest sports wagering occasion ever sold, gathered momentum.

The test is delayed while the judge assesses whether evidence collected during the FBI’s covert surveillance operation is admissible in court.

Nevada Sands Corp Reports Record Income

The cat that got the cream: Sheldon Adelson’s LVS states record revenues regardless of the monetary lull in Macau. (Image: telegraph.co.uk)

Las Vegas Sands Corp (LVS) reported a record of net revenue this week year.

Despite dropping earnings in Macau due to the fact region faces an intense tightening of financial controls from mainland China; and despite a suspected Iranian cyber-attack in February that did untold financial harm 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 reported that its revenue that is net increased 6 percent on final year to unprecedented most of $14.58 billion.

Comparison this with Caesars Entertainment, which has lost cash each year since 2009, while struggling to repay the interest 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 neglected to purchase Macau when the location launched it self up to international operators, and also this is where the earnings are coming from, despite the softening of the region’s video gaming market.

‚ The Macau that is new is little different than the old Macau, but still a wonderful Macau,‘ Robert Goldstein, Las vegas, nevada Sands president and COO told CNBC. ‚We believe very much in this market.‘

However, LVS’s Q4 revenues were lower, year on year, due mostly to Macau poorer performance into the second part of the year. LVS, that has four casinos in Macau, said the Sands China business reported a 16 per cent decline in net revenue 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 lower operating costs, the company said.

Turnover from Macau still dwarfs the revenue of LVS Vegas‘ properties, nevertheless, which took a combined 362 million in Q4. Total running expenses across all properties were down 14 % to $2.39 billion.

Prudent Management

‚The wise handling of our cashflow, including the capacity to increase the return of capital to shareholders while keeping a strong stability sheet and sufficient 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 development strategy, which leverages the power of our unique Integrated Resort business model that is convention-based.‘

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 your home Judiciary Committee so as to discuss pressing the issue through during the new session that is legislative.

Adelson has vowed to spend ‚whatever it takes‘ to rid the global globe of online gaming.

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