Posts Tagged ‘virtual casino’
In addition to seaside casino resort complexes in the Gulf Coast and other areas, Louisiana also has a booming virtual casino business at restaurants, bars, and truck stops throughout the state.
Indeed, more than 150 Louisiana truck stops offer virtual casino machines for poker and other games. Truck stops are allowed to have from 35 to 50 machines, based on a variety of factors including their customer flow and fuel sales. Bars and restaurants, in contrast, are allowed up to three virtual casino machines.
Although business is undoubtedly booming, the truck stop virtual casino industry is not without its controversies.
Truck stops that seek to add virtual casino machines must subject themselves to a background check and an investigation by the Louisiana State Police and Attorney Generalâ€™s office. The same is the case for any other business that wants to add a machine.
However, the truck stops must take in additional step in the virtual casino machine licensing process: they must make an appearance before the Louisiana Gaming Control Board monthly meeting, at which the authorities describe their â€œsuitability.â€
Alton Ashey, an advocate for the truck stop virtual casino machine industry called the additional review â€œtheatrics.â€ He said that the month-long delay until the board approves projects simply unnecessarily deprives the businesses and state and local governments of revenue.Online Gambling Online Gambling Payouts
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Virtual casino machine operators in the Maryland region of Baltimore City and Baltimore County annually cheat the government out of about $15 million in tax revenue annually, according to a report by the Abell Foundation.
The Abell Foundation study found that operators of the virtual casino and gaming machines, including video poker, under- report their earnings by up to $153 million each year.
The virtual casino machines are located in corner bars and convenience stores across the state. Many establishments pay out winnings, which is illegal in the state of Maryland. They keep records of the winnings, often in code, in places that are inaccessible to police and inspectors.
The report, largely written by former Maryland Sun reporter Joan Jacobson, recommends that the state go in one of two directions: it should either legalize virtual casino gambling completely in order to be able to fully regulate it, or ban the virtual casino and gaming machines.
City officials say that they are too poorly financed to center too much attention on this problem. “The Police Department’s primary focus is crime,” said Edward J. Gallagher, the city’s top finance official. “And so many of our resources are pointed toward that.”
The Abell Foundation studies solutions to problems of inner- city poverty.
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