Minister of Culture and Tourism Kim Myung-gon Friday said that thegovernment will ban video game arcades from using gift certificates forpayouts in April next year as part of the efforts to eradicate illegalgambling. Kim also apologized to the public in a press briefing, acceptingcriticism after the Board of Audit and Inspection of Korea on Thursday […]
Monthly Archives: November 2006
EVERYBODY KNOWS we have a problem-gambling problem. And everybody’s got adifferent take on how to address it. As solutions go, mine is quite radical.First, bring all the parking meters in from the cold – to replace all theVLTs that have taken up residence indoors in our province, from taverns topool halls and casinos. Hey, people […]
South Korea reiterated its tough stance on the gaming industry Friday afteran audit agency held the government responsible for rampant illegal gamblingand referred a list of big names to the prosecution. Controversy over videoarcades has rocked the nation since August, leading President Roh Moo-hyunand Prime Minister Han Myeong-sook to offer apologies. The major oppositionGrand National […]
Two wrongs do not make a right. Thus, the decision by the government ofPrime Minister Surayud Chulanont to continue and legalise the sale of two-and three-digit lottery tickets is on a par with that made by the Thaksinadministration three years ago when it launched the lottery scheme,apparently in full knowledge that this was against the […]
The son of a deceased West Virginia mobster has been charged in connectionwith a multimillion-dollar bookmaking ring. Christopher Hankish, who is fromsuburban Pittsburgh, is charged with gambling conspiracy. He is the son ofPaul “No Legs” Hankish, a Wheeling, W.Va., native who died in prison in 1998while serving time for a racketeering and gambling conviction.ChristopherHankish was […]
Gambling on football on Thanksgiving Day is almost as traditional as eatingturkey and yams. Thanksgiving Day sees more betting action on singular gamesthan any other day of the regular football season, and it also kicks off thegeneral happy and joyful mood that pushes the high season of gambling in theUnited States.Thanksgiving is also the day […]
After a three-month audit, the Board of Audit and Inspection (BAI) onThursday forwarded to the prosecution a list of 36 people, including formerand incumbent government officials, who it said are involved in the videoarcade gambling machine scandal, often dubbed “Pada Iyagi,” or “SeaStory”. The 36 people include six former and incumbent officials of theMinistry of […]
The former mayor of Maple Park pleaded guilty Wednesday to six counts ofillegal gambling, the result of an undercover probe involving him and 12others.Mark Delaney agreed to serve a year of probation that prohibits him fromgambling and pay a $250 fine. “I’m just glad it’s over,” said Delaney on hisway out of Kane County Circuit […]
The Seminole Tribe of Florida wants to upgrade to Las Vegas-style ”ClassIII” slot machines, like those now allowed at Broward parimutuels. Here’sthe difference between the tribe’s current Class II games and the moredesirable Class III. Class II games: bingo, poker and off-track betting, inwhich gamblers play against other players. Though the machines in theSeminole casino […]
The gambling industry is on the search for new growth regions – With ananticipated size of ca. Euro 39 billion by 2010, Spain is expected to be akey future marketNew report about the Spanish gambling market analyses one of the mostpromising online and land-based gambling markets London/Munich, November 22,2006: The consulting firm MECN’s new study […]
A top March 8 politician recently told Walid Jumblatt, “the Syrians don’twant to hear about the [Hariri] tribunal.” Industry Minister Pierre Gemayelis the latest victim of an effort to ensure that that command is respected.It would be irresponsible for Hizbullah to carry through on its threat totake to the streets. A government of national unity […]
The £25,000 a week West Ham goalie reportedly starting drinking heavilyafter his gambling debts spiralled out of control. According to the Sun, atfirst Carroll attempted to win the money needed to pay off debts to a fellowWest Ham player, when that idea failed he drowned his sorrows in a bottle ofBacardi. Carroll is now in […]
The world of gambling has come a long way since its early days. It isunnecessary to describe today’s gambling world, with land based casinoshosting the best entertainment and most luxurious hotels, and online casinosoffering an equally terrific, virtual form of entertainment. But that is alook at the present and future of gambling. A look back […]
Investors recently doubled down on gambling stocks despite a yearlongwinning streak, wagering that expansion will spur growth and bettors willkeep spending even as the economy softens. The Dow Jones U.S. Gambling Indexhas surged more than 35 percent since the start of the year, easilyoutpacing the broader market as represented by the Standard & Poor’s 500index, […]