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Monday, November 7, 2011

New York City Opens first casino problems, in to taking big bucks.

New York gamblers can now try their luck locally as the city opens its first casino in Queens. Richard Roth reports.

Depending on who you talk to, casinos are either a great thing or a scourge on society. Obviously, they have a lot of positives and negatives, which is why Jimmy Fallon made New York City's first casino the subject of his popular "Pros and Cons" segment on Tuesday.
But as is often the case, Fallon and sidekick Steve Higgins got a little taken with a particular gag -- in this case, a terrible Queens accent -- and returned to it repeatedly throughout the bit, which was as hilarious as the jokes that were actually written.
Clearly, when it comes to the subject of casinos, there are really only two questions to ask: Where is your jacket and why isn't it on?

 Many people have a problem with the casino business.



In America alone, problem gambling affects more than 15 million people. More than 3 million of these are considered severe problem gamblers, otherwise known as gambling addicts or pathological gamblers.
Problem gambling can strain your relationships, interfere with responsibilities at home and work, and lead to financial catastrophe. It may even lead you to do things you never thought possible, like stealing money to gamble or taking money meant for your children. You may think you can’t stop, but problem gambling and gambling addiction are treatable. If you’re ready to admit you have a problem and seek help, you can overcome your gambling problem and regain control of your life.

Understanding gambling addiction and problem gambling

Gambling addiction, also known as compulsive gambling, is a type of impulse-control disorder. Compulsive gamblers can’t control the impulse to gamble, even when they know their gambling is hurting themselves or their loved ones. Gambling is all they can think about and all they want to do, no matter the consequences. Compulsive gamblers keep gambling whether they’re up or down, broke or flush, happy or depressed. Even when they know the odds are against them, even when they can’t afford to lose, people with a gambling addiction can’t “stay off the bet.”
Gamblers can have a problem, however, without being totally out of control. Problem gambling is any gambling behavior that disrupts your life. If you’re preoccupied with gambling, spending more and more time and money on it, chasing losses, or gambling despite serious consequences, you have a gambling problem.

Spread the word, This is officially why I love NYC its the Financial Capitol of the world. Resorts World casino opened, with its flashing multicolored ceiling lights, electronic baccarat tables presided over by robotic dealers and a fake twinkling night sky created from satellite images of the sky over 42nd Street, seeks to offer a Las Vegas interpretation of Times Square.

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Seneca Nation accuses state of bad faith for gaming talks

FRIDAY, NOVEMBER 4, 2011 
Filed Under: Compacts | New York
   

The Seneca Nation accused Gov. Andrew M. Cuomo (D) of bad faith in a Class III gaming compact dispute.
The tribe has withheld $333.4 million, saying the state has violated the exclusivity provisions of the compact by allowing non-Indian gaming. But the tribe has been willing to share revenues directly with local communities.
The Cuomo administration supports the idea but blamed the tribe for holding up an arbitration process. The tribe struck back and said it was the state that has failed to come to the table.
“As we discussed at our August 2, 2011 meeting, the state has yet to meet and negotiate with the Nation in good faith concerning the exclusivity dispute -- a mandatory requirement under the compact before proceeding to arbitration -- and has never provided the Nation with a written analysis of its position on the exclusivity breach issue, notwithstanding the state’s commitment to the Nation to provide this written analysis back in October 2010," Seneca Nation President Robert Odawi Porter said in a letter to the state.
Porter said the tribe supports an "expedited" arbitration in order to put gaming revenues back into the hands of local communities.
Get the Story:
Senecas accuse Cuomo of bad-faith talks (The Buffalo News 1/14)
Senecas want arbitrator to settle dispute with NY (AP 11/3)
Senecas want arbitration on casino payments (Business First of Buffalo 11/3)
Senecas Balk At Providing Gambling Revenue To Localities (Politics on the Hudson 11/3)
Senecas hold off on sharing casino proceeds for cities (The Albany Times-Union 11/3)
Related Stories:
Seneca Nation still holding onto $330M in gaming revenues (11/3)