The first settlement in New York Harbor was established by Dutch fur tradersin 1613 and was called New Amsterdam. These early traders were adventurers,gamblers, willing to take big risks for big profits. One particularly shrewdplayer, Peter Minuit, convinced the resident Native Americans to sell himManhattan Island and Staten Island for about $24 worth of goods. […]
Monthly Archives: December 2006
Following the lead of Great Britain, Spain is the latest country to embraceonline gambling and it is only a matter of time before the United Statesdoes so to….or we can dream it does. According to IGamingBusiness,Madrid’s regional government is set to regulate gaming through theintroduction of licenses. “The move comes in the wake of Italy’s […]
A judge appointed a special prosecutor to handle the case against a formerstate Teamsters union president charged with operating a multi-county videogambling ring at nearly two dozen bars. Henry County Prosecutor Kit Cranewill oversee the charges against John L. Neal and 38 other people charged inthe operation. Madison Superior Court Judge Thomas Newman Jr. appointedCrane […]
Prosecutors are questioning two former officials from the Ministry ofCulture and Tourism over suspicions that they took bribes from a companyissuing state-licensed vouchers used for payouts at video game arcades.According to investigators at the Seoul Central District Prosecutors’Office, Kwak Young-jin, a former director of the Culture Ministry’s culturalindustry bureau who now works for the Prime […]
CHICKASHA, Okla. A Grady County judge rules that District Attorney BretBurns can continue prosecuting a case against the county’s sheriff and sevenothers charged in a gambling case. Special District Judge Ken Harris says hemade the ruling yesterday because he did not have enough information toremove Burns from the case. Sheriff Kieran McMullen says the judge’sdecision […]
In the 17th century, ancestors of the Pequot Tribal Nation lost theirposition as the dominant culture along New England’s Atlantic Coast. Today,the Pequots – now owners of the world’s largest casino – aim to secure aposition along Philadelphia’s Delaware riverfront to build a $560 millionslots palace. If Foxwoods Development Co. wins a license Dec. 20 […]
The stock exchange should have no place in a developing country likePakistan. It is not an institution to promote industrialization. In fact, itis more or less a gambling den where the savings of the middle class peopleare regularly siphoned off, says an eminent economist. “No investment hadbeen made in education, health, water and power sectors […]
Gambling businesses in Lake Stevens would pay one of the lowest tax rates inSnohomish County if a proposal before the City Council is approved. Thecouncil is expected to review the proposal tonight . According to a 2005study conducted by Lake Stevens, only Sultan has a lower gambling tax thanthe proposed 5 percent tax Lake Stevens […]
There’s no denying it, punters in the UK love to have a flutter. Thatexplains why there are more than 8,000 bookmaking outlets huddling amongBritain’s clothes shops and restaurants. But you don’t even have to leavethe comfort of your own home to place a bet these days. The online world isquickly catching up with its high-street […]
West Ham United striker Teddy Sheringham has expressed his fears aboutgambling. Speaking in London, Sheringham said that this addiction isbecoming more of a danger for younger players starting out in football. Hesited the reasons for this problem being the amount of leisure time thatplayers had added to the amount of money that they have available […]
It’s been a little over two weeks since the first legal slot parlor inPennsylvania opened at the Mohegan Sun at Pocono Downs racetrack. Three moreslots parlors are expected to open at other racetracks within the next threemonths. Ultimately, 14 parlors are expected to open in Pennsylvania,bringing in what is hoped will be sufficient additional revenue […]
A reputed underboss of the New England Mafia was arrested Friday on gamblingand extortion charges, authorities said. Carmen Salvatore DiNunzio, 49, wasarrested by state police in Boston’s North End after being indicted by anEssex County grand jury on charges of extortion, maintaining and operating agaming operation, and conspiracy to maintain or organize a gaming operation,the […]
Three persons who were injured in a two-vehicle collision have been admittedto a hospital, reports Al-Watan daily. A police source said a pick-up truckoverturned after crashing into the car driven by a young Kuwaiti woman.Inside the overturned pick-up truck police found a roulette machine andthree bottles of vodka. It has been reported the occupants of […]
It could also prove the defining event in his personal corporate andbusiness development — cementing his commitment to a Pacific and thenglobal gaming future. For the first time, we can reveal the full detail ofthis extraordinary resort casino proposal, dubbed “Harry’s Island”, onSingapore’s Sentosa Island. Ostensibly, the “Harry” is mid-20th centuryHoward Hughes-style adventurer Harry O’Brien, […]