Wrist-slaps in New Jersey; China tries to sever chains

First, the good news. New Jersey‘s geolocation and age-verification technology is catching underage gamblers. The bad tropicana_havananews is that wannabe adolescent Phil Iveys are getting onto casino Internet sites and wagering. So are self-excluded players. The New Jersey Division of Gaming Enforcement filed 117 counts of such violations, including 66 juveniles playing on the Borgata Web site. The casinos don’t have to worry about their pocketbooks: The DGE slapped their wrists with a collective $14,400 in fines ($5,000 for Borgata, $2,200 for Tropicana Atlantic City and $7,200 for Resorts Atlantic City).

“The gambling enforcement division said the violations were due to a computer programming error,” reported the Charlotte Observer. Still, let’s hope that Sheldon Adelson doesn’t hear about this and make hay of it.

* In order to afford to repair “structurally deficient” bridges, Mississippi‘s looking to its gaming industry for money. Or, more Mississippi_Capitol_Buildingaccurately, it’s issuing $200 million in bonds collateralized by casino taxes. Despite gambling revenue being at a 17-year low, there’s not much for the state to worry about: It’s sitting on 10 times that amount of casino-derived revenue. Last year, for example, gambling yielded $164 million in tax dollars. Would that more states and municipalities were being this proactive with their gaming revenue, instead of using to plug budget shortfalls and such.

* If you’re old enough to vote in Maryland, you’re now also old enough to work in a casino. But you still can’t drink in one. Bummer.

* Chinese officials, concerned about VIP play moving offshore, have initiated “Operation Chain Break.” It’s intended to crack down chinajunketeers who are steering ‘whales’ to South Korea, the Philippines, Australia, etc. It’s not just Chinese nationals who are at peril of running afoul of the government. Reads one news report, “During the weekend police in Shanghai, Jiangsu, Beijing, and Hebei targeted South Korean agents who were scouting VIP gamblers in China.” Meanwhile in the Philippines, PAGCOR Chairman Cristino Naguiat remains upbeat, even though the markets forces haven’t been performing according to plan.

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