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Monthly Archives: December 2006

Ex-mobster pays big for scams

Michael Franzese’s hand was cut and bleeding, symbolic of the blood covenanthe had entered into. In his cupped palms burned a prayer card, a saint litaflame in front of a ring of men that was to become his lifelongbrotherhood. In a darkened room he heard these words: “Your allegiance to LaCosa Nostra is bound by […]

BRIT GOVERNMENT COULD GET SHIRTY OVER ONLINE GAMBLING SPONSORSHIPS

A 40 minute debate raised by a Brit Labour MP in the House of CommonsThursday on football shirt sponsorship, mobile gambling and the absence ofprosecutions for breaches of current gambling regulations, grabbed theheadlines the following day. During the forty minute sitting, also attendedby Minister for Sport Richard Caborn, Labour MP Ben Chapman said that he […]

Isle of Capri Sinks on Singapore License

Isle of Capri Casinos Inc. shares fell sharply Friday after the company’sbid for a Singapore gambling license was rejected, crimping plans foroverseas expansion. Isle of Capri, based in St. Louis, watched its sharesplunge $1.14, or 3.8 percent to $28.91 in midday trading on the New YorkStock Exchange. Volume was heavy. Earlier Friday, Singapore awarded itssecond […]

Kansas senator proposes expanded gambling

As reported by the Lawrence Journal-World: “They’ve tried slots for tots andbusted. “But a key state senator said Friday that expansion of casinogambling to pay for a backlog of repairs at regents universities might hitthe jackpot. “.The six public universities have said they need $727 millionto repair and maintain their facilities, including $285 million at […]

Online Gambling Firms Face Football Red Card

It’s been a tough year for online gambling to say the least and now theBritish Gambling Commission is investigating the legality of shirtsponsorship deals for English Premier League football clubs. All bets couldbe off for companies such as Mansion and 888 Holdings to continue sponsoringPremiership clubs like Spurs and Middlesbrough. There are four premierleague teams […]

Anti-gambling pill fails to end urge

A San Diego pharmaceutical firm said clinical trials were a flop for anorally administered drug aimed at blunting addicts’ urge to gamble. “Theresults . are disappointing,” Ken Cohen, president and chief executive ofpublicly traded Somaxon Pharmaceuticals Inc., said in a prepared statement.Somaxon two years ago was the first U.S. firm to take formal steps towardmarketing […]

Football faces loss of gambling sponsors

SPONSORSHIP deals between online gambling companies and football clubs couldbe banned in the UK if it is decided that they encourage children to gamble.The news comes after the Gambling Commission announced that it willinvestigate whether shirt sponsorship deals – such as those at Middlesbroughand Tottenham Hotspur – unfairly expose young fans to online casinos orgambling […]

Illegal Gambling Machines Seized

Officials from the Gambling Commission with police officers, customsofficials and Burnley Borough Council officers raided seven businessesacross the borough last week after tip-offs that machines were beingsupplied and operated illegally. The machines had no permits and many hadjackpots of £25, but current laws dictate that these machines can only besituated in pubs, amusement arcades and […]

Singapore’s First Casino School Grooms Future Dealers

It doesn’t exactly look like Casino Royale, tucked into a far corner of ahardly glamourous shopping centre far from Singapore’s glitzy Orchard Road.The smell of fat used by cheap food stalls lingers in the air, and the arrayof shops offer kitsch and knick-knacks at bargain prices. But behind thethick glass door and past wood-panelled walls […]

Attorney Seeks To File Class-Action Gambling Suit

According to a state law that is more than a century old, gamblers canrecoup money lost, and now a new lawsuit is aimed at the Birmingham RaceCourse with that goal in mind. A judge at the Jefferson County courthousewill decide whether the case can go forward as a class-action lawsuit. Mostpeople think that it’s a […]

Casino bosses gamble on faiths meeting

Casino bosses have met Luton’s faith leaders as they seek to pave the way toa large, new gambling den at the former Vauxhall site. Grosvenor Casinos’chief Paul Armitage held talks with the town’s Council of Faiths andChurches Together as a way of smoothing community relations for its bid torun one of the nation’s new wave […]

Domestic violence, gambling linked

Problem gambling could be a factor in at least half the domestic violencecases reported to programs for abused women and abusive men in CumberlandCounty, and a group there is studying the correlation. The Cumberland CountyTransition House Association has a $10,000 grant from the Nova Scotia GamingFoundation to study the connection and design intervention programs. Anassociation […]

Gambling Addict Jailed for Stealing $3.5 million

Australian mother of two Kate Jamieson was jailed today for a maximum ofseven years by Judge Roland Williams in the Victorian County Court. Jamiesonpleaded guilty to 13 counts of obtaining financial advantage by deceptionand 23 counts of theft. The court was told that while she was working as aloans officer for a bank between 2001 […]

Macau transportation minister arrested on corruption charges

The transportation minister in Macau, China’s booming casino capital, hasbeen arrested for allegedly accepting bribes, the government said Thursday.The suspect, Ao Man-long, is the most senior leader to be detained in theformer Portuguese enclave since it returned to Chinese rule in 1999. Hisarrest comes as the territory off China’s southern coast tries to shed itsreputation […]