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Two Arkansas Racetracks Reopen as 'Full-Fledged' Casinos
The ‘Hot Springs' development had a crazy history of gambling and mob activity – and enjoyed its heyday in the early 1900's. Unfortunately for poker fans, this State decided to go anti-gambling instead, banning virtually all gaming back in 1967. Poker Tournaments In Hot Springs Ar Bonuses on offer, generally, No Time Limit and No Deposit Spins. Below you can find the list Poker Tournaments In Hot Springs Ar of the latest no deposit bonuses, including codes, where required. Should we find Poker Tournaments In Hot Springs Ar a new no deposit bonus, we will immediately put it on the list.
- Two Arkansas Racetracks Reopen as 'Full-Fledged' Casinos. Memphis and the Oaklawn Racing Casino Resort in Hot Springs. Dose of articles with the latest poker news, live reporting from.
- The most notable gangster to take an interest in Hot Springs though was Owney Madden. The convicted killer owned the Cotton Club in Manhattan but had to leave New York when the police took a dislike to his dealings there. In 1935, Madden bought the Hotel Arkansas and was soon the main man in the local gambling scene.
Last November, Arkansas was among the states voting in favor of gambling expansion. This week saw a result of that positive vote with the opening of two casinos on Monday, the Southland Casino Racing in West Memphis and the Oaklawn Racing Casino Resort in Hot Springs.
As the Memphis Business Journal reports, the newly-named Southland Casino Racing (formerly Southland Gaming & Racing) opened early Monday morning with over 2,000 slots and more than 40 live table games including blackjack, craps, and roulette, as well as three-card poker and Mississippi stud.
The new games were able to be added following the passage of a ballot referendum allowing racetracks to add slot machines and table games.
'With us being a full-fledged casino, that gives us an opportunity to compete on a level playing field with other Mid-South casinos like in Tunica,' said David Wolf, president and general manager of Southland.
Meanwhile the Oaklawn Racing Casino (formerly known as the Oaklawn Park Race Track) opened a little after noon on Monday, with the Mayor of Hot Springs Pat McCabe on hand to cast a first symbolic roll of the dice, The Sentinal-Record reports.
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The Oaklawn track has a long history extending back to the very beginning of the 20th century. Pink kar slot. Oaklawn president Louis Cella alluded to that past in his remarks on the opening and the site's plans going forward.
'We have remarkably gone through all the previous chapters with the city of Hot Springs, and this is a new chapter with live and legal gambling, and we hope it will only expand like it did in the '30s, and '40s and '50s. It's new to all of us, and we'll see how it plays out,' said Cella.
While operating, Oaklawn is continuing with a $100 million expansion that will add 28,000 square feet of gaming space in time for the 2020 racing season.
Both sites received casino licenses a week before opening on Monday. Both also are looking soon to add opportunities for patrons to wager on sports (beyond horse racing), as voters also approved an amendment last November allowing Arkansas join other states to begin offering sports betting.
Hard Rock International to Acquire Jack Cincinnati
In other casino news from the midwest, JACK Entertainment announced today that it is prepared to sell the JACK Cincinnati Casino as well as the Turfway Park racing track to Hard Rock International, pending approval by state and federal regulators.
According to the announcement, the deal for $780 million is expected to be completed by the end of the year. Hard Rock International will also enter into a lease agreement with VICI Properties as part of the deal.
Once the sale is complete, Hard Rock International will be in charge of operating both properties. Meanwhile neither the JACK Cleveland Casino nor the JACK Thistledown Racino in North Randall will be affected by the deal.
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'After ten years, hundreds of millions of dollars of investment developing JACK Cincinnati Casino from the ground up.. we have successfully positioned JACK Cincinnati Casino for further future success,' said JACK CEO Matt Cullen in the announcement.
'We are confident that Hard Rock and its world-renowned brand will be a great addition to the Queen City and the right choice to take JACK Cincinnati Casino and Turfway Park to the next level of growth.'
The property first opened as Horseshoe Cincinnati in 2013 before rebranding as JACK Cincinnati in 2016.
U.K. Bookmakers Withdraw Games Under Threat of Sanctions
Earlier this week bookmakers came a report that Paddy Power and Betfred might be facing sanctions from the U.K.'s Gambling Commission after offering new roulette-style games too similar to the ones offered on fixed-odds betting terminals (FOBTs), reports The Guardian.
The games were introduced on Monday, the same day new regulations went into effect that reduced the maximum bet on such FOBTs from £100 to just £2. The Paddy Power game called Pick 'n' 36 and the Betfred one called Virtual Cycling were both accused of 'seeking to undermine the FOBT stake cut.'
'We have told operators to take down new products which undermine the changes,' said Richard Watson, executive director of enforcement for the Gambling Commission.
'We will investigate any other products that are not within the spirit and intention of the new rules,' added Watson. Both Paddy Power and Betfred had withdrawn the games by the time of the Commission's announcement.
William Hill had also been poised to offer a similar product (called Wonderball), but has apparently abandoned plans to do so in the wake of the possible sanctions.
Photo: 'JACK Cincinnati Casino 2017,' JACK Entertainment LLC, CC BY-SA 4.0.
Tags
IndustrycasinosArkansasSouthland Casino RacingOaklawn Racing Casino ResortJack CincinnatiHard Rock InternationalPaddy PowerBetfredUnited Kingdom
Might as well keep going with the mid-term election news. In Arkansas on Tuesday, voters approved an amendment which would allow casino gambling in the state. Issue 4, as it was called, passed by a margin of 54.07 to 45.93 percent with 87 percent of the state's precincts reporting.
Oaklawn Racing and Gaming in Hot Springs and Southland Gaming and Racing in West Memphis are automatically issued casino gambling licenses as part of the constitutional amendment. Casino barriere toulouse tournoi poker. There have already been allowed to offer electronic skill games, but this now permits them to build out full casinos. The amendment also permits a casino to be build in Pope County and Jefferson County, but operators will have to go through an application process first.
Interestingly, the residents of Pope County voted against the measure.
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Arkansas Governor Asa Hutchinson reluctantly accepted the results of the vote, saying, 'I did not support this initiative, and I continue to have great concern over the immediate and negative impact on the state's budget. But the people have spoken, and I respect their will. Time will tell as to what this means for our state, and it remains to be seen as to whether the communities affected will consent to the gambling initiative.'
Governor Hutchinson thinks legalized casino gambling will have a negative impact on the state budget because the State Department of Finance and Administration projected that there would actually be a $36 million decline in tax revenue in 2020 and 2021 (fiscal year begins July 1st). The reason for this is because the both Oaklawn and Southland will be taxed at a lower rate than before. The Department also doesn't expect the two other casinos to open until 2022. Supporters of Issue 4 refute these assessments, saying the casinos would generate more tax revenue than before.
The amendment also allows for sports betting.
Lawsuit Threatened Ballot Measure
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There was some controversy over Issue 4, as two groups, Ensuring Arkansas' Future and Citizens for Local Choice, filed lawsuits to try to stop it from being put on this week's ballot. The Arkansas Supreme Court ruled against them about a month ago, so the measure was able to be added.
The groups did not argue that casino gambling was bad, though they are against gambling, but rather that the wording of measure was misleading and confusing. The entire measure is too long to post here, but the 'popular title' was 'Issue 4 – An Amendment to Require Four Licenses to be Issued for Casino Gaming at Casinos, One Each in Crittenden (to Southland Racing Corporation), Garland (to Oaklawn Jockey Club, Inc.), Pope, and Jefferson Counties.'
Poker Tournaments In Hot Springs Ar Weather
According to the announcement, the deal for $780 million is expected to be completed by the end of the year. Hard Rock International will also enter into a lease agreement with VICI Properties as part of the deal.
Once the sale is complete, Hard Rock International will be in charge of operating both properties. Meanwhile neither the JACK Cleveland Casino nor the JACK Thistledown Racino in North Randall will be affected by the deal.
Poker Tournaments In Hot Springs Ar Real Estate
'After ten years, hundreds of millions of dollars of investment developing JACK Cincinnati Casino from the ground up.. we have successfully positioned JACK Cincinnati Casino for further future success,' said JACK CEO Matt Cullen in the announcement.
'We are confident that Hard Rock and its world-renowned brand will be a great addition to the Queen City and the right choice to take JACK Cincinnati Casino and Turfway Park to the next level of growth.'
The property first opened as Horseshoe Cincinnati in 2013 before rebranding as JACK Cincinnati in 2016.
U.K. Bookmakers Withdraw Games Under Threat of Sanctions
Earlier this week bookmakers came a report that Paddy Power and Betfred might be facing sanctions from the U.K.'s Gambling Commission after offering new roulette-style games too similar to the ones offered on fixed-odds betting terminals (FOBTs), reports The Guardian.
The games were introduced on Monday, the same day new regulations went into effect that reduced the maximum bet on such FOBTs from £100 to just £2. The Paddy Power game called Pick 'n' 36 and the Betfred one called Virtual Cycling were both accused of 'seeking to undermine the FOBT stake cut.'
'We have told operators to take down new products which undermine the changes,' said Richard Watson, executive director of enforcement for the Gambling Commission.
'We will investigate any other products that are not within the spirit and intention of the new rules,' added Watson. Both Paddy Power and Betfred had withdrawn the games by the time of the Commission's announcement.
William Hill had also been poised to offer a similar product (called Wonderball), but has apparently abandoned plans to do so in the wake of the possible sanctions.
Photo: 'JACK Cincinnati Casino 2017,' JACK Entertainment LLC, CC BY-SA 4.0.
Tags
IndustrycasinosArkansasSouthland Casino RacingOaklawn Racing Casino ResortJack CincinnatiHard Rock InternationalPaddy PowerBetfredUnited Kingdom
Might as well keep going with the mid-term election news. In Arkansas on Tuesday, voters approved an amendment which would allow casino gambling in the state. Issue 4, as it was called, passed by a margin of 54.07 to 45.93 percent with 87 percent of the state's precincts reporting.
Oaklawn Racing and Gaming in Hot Springs and Southland Gaming and Racing in West Memphis are automatically issued casino gambling licenses as part of the constitutional amendment. Casino barriere toulouse tournoi poker. There have already been allowed to offer electronic skill games, but this now permits them to build out full casinos. The amendment also permits a casino to be build in Pope County and Jefferson County, but operators will have to go through an application process first.
Interestingly, the residents of Pope County voted against the measure.
Poker Tournaments In Hot Springs Arkansas
Arkansas Governor Asa Hutchinson reluctantly accepted the results of the vote, saying, 'I did not support this initiative, and I continue to have great concern over the immediate and negative impact on the state's budget. But the people have spoken, and I respect their will. Time will tell as to what this means for our state, and it remains to be seen as to whether the communities affected will consent to the gambling initiative.'
Governor Hutchinson thinks legalized casino gambling will have a negative impact on the state budget because the State Department of Finance and Administration projected that there would actually be a $36 million decline in tax revenue in 2020 and 2021 (fiscal year begins July 1st). The reason for this is because the both Oaklawn and Southland will be taxed at a lower rate than before. The Department also doesn't expect the two other casinos to open until 2022. Supporters of Issue 4 refute these assessments, saying the casinos would generate more tax revenue than before.
The amendment also allows for sports betting.
Lawsuit Threatened Ballot Measure
Poker Tournaments In Hot Springs Ar Hotels
There was some controversy over Issue 4, as two groups, Ensuring Arkansas' Future and Citizens for Local Choice, filed lawsuits to try to stop it from being put on this week's ballot. The Arkansas Supreme Court ruled against them about a month ago, so the measure was able to be added.
The groups did not argue that casino gambling was bad, though they are against gambling, but rather that the wording of measure was misleading and confusing. The entire measure is too long to post here, but the 'popular title' was 'Issue 4 – An Amendment to Require Four Licenses to be Issued for Casino Gaming at Casinos, One Each in Crittenden (to Southland Racing Corporation), Garland (to Oaklawn Jockey Club, Inc.), Pope, and Jefferson Counties.'
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'The petition is insufficient because the ballot title fails to convey an intelligible idea of the scope and impact of the proposed Amendment, is materially misleading to the voters, and omits material information that is essential for a fair understanding of the Amendment,' argued Ensuring Arkansas' Future.
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The ruling against one of the lawsuits was unanimous, while Justice Jo Hart was the lone dissenter in the other case.
