California Continues With Its Push to Keep Guns Out of Paskenta Dispute

redbluffdailynews.com State seeks to keep guns away from Rolling Hills Casino

RED BLUFF >> The State of California on Monday filed a request in federal court for a preliminary injunction against the Paskenta Band of Nomlaki Indians that essentially maintains the status quo of the temporary restraining order previously issued by a federal judge that has kept armed security forces away from Rolling Hills Casino in Corning.
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Excerpt:

Ousted members led by tribal Vice Chairman David Swearinger, treasurer Leslie Lohse, secretary Geraldine Freeman and member-at-large Allen Swearinger have previously said that shutting down the casino would bring a speedy resolution to the tribal dispute.

Members of the tribe led by Chairman Andrew Freeman, Vice Chairwoman Latisha Miller, treasurer Ambrosia Rico, secretary Andrew Alejandre and member-at-large Natasha Magana argue that shutting down the casino would put its employees out of work and "devastate the local economy," according to the state's preliminary injunction request filed Monday.

The preliminary injunction request seeks to keep the casino operating as it currently does, and keep firearms and armed personnel away from the tribe's properties.

Read Full Article Here --> redbluffdailynews.com State seeks to keep guns away from Rolling Hills Casino

Leslie Lohse is Chair of the California Tribal Business Alliance (CTBA).  Robert Smith is CTBA's Treasurer.  Pala is one of the Three Tribes that make up the California Tribal Business Alliance along with Paskenta and Viejas.

***WARNING***

Chairman Robert Smith, Chairman of the Pala Band of Mission Indians, Pala Band of Luiseno Indians, Pala Band of Luiseno Mission Indians of the Pala Reservation, is monitoring your comments.  He is going to track your IP address and "take action" against any tribal member posting comments he does not like.

Online Gambling

Good article about Online Gambling.  Here is an excerpt:

calvinayre.com IGAMING DEVELOPMENTS – CHRIS CHRISTIE AND SHELDON ADELSON

BY RAFI FARBER

The news out of New Jersey hasn’t been stellar of late, and Chris Christie is taking the heat for it. He famously, or rather infamously, predicted last May that New Jersey would earn $180M a year from a 15% internet gambling tax. He ended up with only $12M, about 7% of what he expected. If Christie had understood basic economics, he wouldn’t have made such a prediction. But Christie doesn’t understand basic economics, just like most politicians and government bureaucrats who make their living interfering with the economy.

iGaming Developments - Chris Christie and Sheldon AdelsonThe first crucial thing to grasp about the gambling industry is that it is not productive on net, meaning it does not produce tangible wealth. Rather it is essentially consumptive of wealth. This is not to badmouth gambling, but just to explain the nature of the industry in that it is a consumer industry. Producer industries are farming, construction, technology, that sort of thing. It’s the same with the restaurant industry, supermarkets, and the entire entertainment industry. These are consumer services that consume wealth, not produce it. The only thing gambling produces on net is consumer satisfaction, which is not tangible wealth.

Understanding that, Christie’s woes stem from the fact that the only way a consumer entertainment industry can bring in net revenue to a given territory is by attracting foreign wealth from outside its jurisdiction. Otherwise you are only dealing with the same pot of money, and just dividing it differently between industries.

The reason Nevada and Atlantic City earn money for their state governments is not because gambling in those states magically increases revenue from within. It is because Las Vegas and Atlantic City attract capital from areas outside of Nevada and New Jersey, and a percentage of that capital goes to tax revenue. If theoretically Nevada and New Jersey were to outlaw gambling for non-Nevada and New Jersey residents, there would be no net gain from the gaming industry in those states.

Read More Here --> calvinayre.com IGAMING DEVELOPMENTS – CHRIS CHRISTIE AND SHELDON ADELSON

***WARNING*** 

Chairman Robert Smith, Chairman of the Pala Band of Mission Indians, Pala Band of Luiseno Indians, Pala Band of Luiseno Mission Indians of the Pala Reservation, is monitoring your comments.  He is going to track your IP address and "take action" against any tribal member posting comments he does not like.

Bwin.Party Might Be For Sale Soon

The CEO of Pala Interactive LLC is Jim Ryan.  He was formerly Co-CEO of Bwin.Party.

bloomberg.com Bwin.Party Online Casino Said to Weigh Possible Sale

By Christopher Palmeri  Jun 26, 2014

Bwin.Party Digital Entertainment Plc, (BPTY) a pioneer of online gambling, is considering selling some or all of the company as part of a strategic review, two people with knowledge of the matter said.

The Gibraltar-based company, a partner in New Jersey’s new online betting market with Borgata Hotel Casino & Spa, hired Deutsche Bank AG (DBK) to consider its options, said the people, who requested anonymity because the matter isn’t public. The company will decide within two months, one person said. In a statement today, Bwin said it has no plans to break up or sell the company.

The discussions follow a share drop, a change in board leadership and a disappointing start to online betting in the U.S. A new threat emerged this month when PokerStars, the world’s dominant poker website, agreed to be sold in a deal that could hasten its re-entry to the fledgling U.S. market after an absence of several years.

Read More Here --> bloomberg.com Bwin.Party Online Casino Said to Weigh Possible Sale

***WARNING*** 

Chairman Robert Smith, Chairman of the Pala Band of Mission Indians, Pala Band of Luiseno Indians, Pala Band of Luiseno Mission Indians of the Pala Reservation, is monitoring your comments.  He is going to track your IP address and "take action" against any tribal member posting comments he does not like.