RAWA Sp<span id="more-9813"></span>onsor Lindsey Graham Considers 2016 Presidential Run

Lindsey Graham for President? The online gambling opponent has created 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 I’m looking at is, is there a pathway forward on a lawn in Iowa and New Hampshire for the man like me? I do not know until We look,’ said Graham.

Graham’s RAWA bill, if passed, would efficiently ban all kinds of online gambling at a federal degree, aside from horse racing gambling and fantasy sports. No exemptions would be made for the states that have legalized and controlled Internet gaming within their borders, making its passage seem like a long shot at most readily useful.

And Graham just isn’t the only opponent of online gambling with his eyes on the candidacy. Former New York Governor George Pataki, co-chair of Sheldon Adelson’s Coalition to cease Internet Gambling, announced previously this that he is ‘seriously considering’ a run month.

Backed by Adelson

Both males may be emboldened by the possibility for backing and campaign efforts from Adelson, who’s got donated over $100 million to Republican causes over the years.

Last year, the LVS chairman and his wife Miriam Ochsorn donated $15 million towards the 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 go round.

Graham, meanwhile, had shown little interest in 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 household.

Meanwhile, a study from townhall.com suggests Adelson recently came across with a number of Republican lawmakers on Capitol Hill to renew his efforts to have online gambling prohibited in the usa. The personal briefing with members of your home Judiciary Committee, which includes Chaffetz, was described by sources as both a strategy conference plus 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 online gambling, and in particular the DoJ’s 2011 legal opinion on the Wire Act, which efficiently launched the door for state-by-state regulation. Lynch neatly sidestepped issue.

Both Graham and Chaffetz have actually returned to the brand new session of Congress with increased political money 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 foreign policy hawk who counts Senator John McCain as you of their closest allies. Announcing his intention to run, he cited the fight against Islamic extremism as their top priority.

He joins a list of more than 15 Republicans who are considering running for president, including a third bush dynasty possibility in former Florida governor, Jeb Bush https://casino-bonus-free-money.com/titanic-slot/. Meanwhile, brand 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 ended up being arrested in Malaysia for his role in a soccer ring that is betting in 2004, claims the nation’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 trial that is standing the US accused of masterminding a global Cup betting operation from Caesars Palace, has a conviction in Malaysia for the same offense, it has emerged.

Malaysian media reported this week that Phua had been arrested in 2004 for his participation in a ring that is betting on the European Champion soccer competition of this year.

In line with the Malaysiakini newspaper, Phua received a sizable fine and left the country for Vietnam fleetingly a while later, allegedly to escape those who had been owed money after the operation was busted.

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

The Phua case has gotten a complete large amount of publicity in Malaysia, due primarily to those things of nation’s Home Affairs Minister, Ahmad Zahid Hamidi.

In December Zahid wrote to Deputy Director of the FBI Mark Giuliano to refute allegations that Phua was a person in 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 letter, which had been later on submitted as a court document by Phua’s defense team, Zahid stated that Phua had, in the past, assisted the Government of Malaysia on ‘projects affecting 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 was arrested with eight others, including their 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 wire room,’ the hub of the multi-million-dollar internet Cup betting procedure.

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

The protection 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 probation that is unsupervised fines, while Paul and Darren Phua keep their innocence.

Just weeks before these people were arrested in Las Vegas Phua was one of 22 individuals arrested in Macau in exactly what authorities there called the biggest unlawful sports betting bust on record.

Prosecutors in the US believe that Phua bribed police that is local order to secure his release, allowing him to fly to Las Vegas to continue operations once the 2014 World Cup, the largest sports gambling occasion in history, gathered momentum.

The test happens to be delayed while the judge assesses whether evidence gathered through the FBI’s covert surveillance operation is admissible in court.

Las Vegas Sands Corp Reports Record Income

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

Las Vegas Sands Corp (LVS) reported an archive year of net income this week.

Despite falling 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 monetary damage to the business’s systems; and despite unsteady share rates in the second part of the year, Sheldon Adelson’s casino giant is rude health.

LVS reported that its revenue that is net increased 6 percent on last 12 months to unprecedented a lot 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 did not spend money on Macau when the location opened itself up to operators that are foreign and this is where the profits 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 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 into the latter element of the year. LVS, which has four casinos in Macau, said the Sands Asia business 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 ended up being offset by lower operating costs, the company said.

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

Prudent Management

‘The prudent management of our cash flow, including the ability to increase the return of capital to investors while keeping a strong stability sheet and ample liquidity to purchase future growth possibilities, remains a cornerstone of our strategy,’ said Adelson. ‘We remain focused on the consistent execution of our global development strategy, which leverages the power of our unique convention-based Integrated Resort business model.’

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 pressing the problem through during the brand new session that is legislative.

Adelson has vowed to invest ‘whatever it takes’ to rid the world of online gaming.

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