Posts Tagged ‘gambling’

Virginia Senator Files Casino Gaming Bill

Wednesday, December 18th, 2013

Louise Lucas is a Senator in the state of Virginia who would like to see the state become involved in the gambling industry. Virginia is one of only ten states that do not have a casino within its borders. Lucas has now filed a casino gaming bill to be considered during the 2014 General Assembly.

The new bill is titled Senate Bill 19 and would allow the creation of a state Casino Gaming Commission and create guidelines for licensing in the state for casino game play. In the past, Lucas has created bills for casino creation and was unsupported. Now that Maryland has expanded their gaming options and players from Virginia will be taking money out of state, Lucas is hoping to gain more support.

The legislation states that ninety percent of the gaming tax revenues would go to help with the cost of toll roads in Virginia. In estimations, it was believed that $113 million could be brought in with almost 2,000 jobs created. However, Lucas is in for a fight. It seems as though most are not ready to enter the casino side of gambling, although the state already has charity gaming, lottery and pari-mutuels.

William Howell is the House Speaker for Virginia and he recently spoke with the Washington Post and commented that he believes the negative human impact outweighs the potential impact of the economy. Howell further stated that he does not believe the casinos are the right thing for the commonwealth.

Without the addition of casinos, Virginia would continue to be one of a select few that does not offer this type of recreational entertainment. And with states nearby that offer the option, Virginia is sure to miss out on revenues. It will be interesting to see if the Senator will be able to receive backing to bring this type of gambling to the state.

Huge Powerball Jackpot Hit; Players Yet to be Revealed

Thursday, August 8th, 2013

We all dream of hitting a huge jackpot while playing the lottery, I mean it’s why we play the lottery! We all want to be the big winner, purchase a fancy car and new home and then never work a day again in our lives. But odds are, we will never win the lottery. However if the odds are in your favor you may be a big winner one day. The Powerball recently offered up a huge jackpot of $448 million and just last night, three winners managed to earn the top prize!

Reuters reported that the winning tickets were reported to be from New Jersey and Minnesota. New Jersey claiming two winners. The winning numbers drawn were 5, 25, 30, 58, 59 and a Powerball of 32. The Multi-State Lottery Association announced the amount of winners for the drawing but has not seen anyone come out to claim the prize.

The jackpot was sitting at $400 million and then moved to $425 and then $448 before the drawing took place last night. Players were hungry to earn the jackpot prize and continued to buy ticket after ticket which drove the amount to win up my several million. According to lottery officials, the odds of winning the jackpot were one out of 175.2 million.

The largest jackpot to ever take place was back in 2012 and a $656 million prize was won by three people. $448 million may be much smaller but is no small prize. The players who won this prize must now come forward and claim the win. The winners will be able to decide if they want the lump sum payment or if they will take the annuity payments. Over the coming days the winners are sure to come forward and see their lives change forever.