Gordon Brown, Chancellor of the Exchequer, is reportedly set to announceplans in next month's budget to entice offshore gambling firms to beregulated and licenced in the UK in return for a tax. The new tax, whichwill be called the Remote Gaming Duty, would allow gambling companies to belicenced in the UK but still be based […]
Monthly Archives: February 2007
British finance minister Gordon Brown will reveal a plan in his budget nextmonth to encourage the online gambling industry, the Daily Telegraphreported on Friday.He will use the March 21 budget to announce that companies could obtain aBritish license and still remain based overseas in return for a tax —possibly as low as 2 percent or […]
The just concluded NBA All-Star game yet again rehashed the sports leaguehypocrisy when it comes to gambling. David Stern can rant all he wantsabout how betting on sports sullies the image of his league worse than itsmillionaire players being unable to avoid getting arrested. The fact is theleagues conveniently overlook some of the real harm […]
The province's lottery corporation wants more British Columbians to take upgaming, as the government that once vowed as party policy to halt the growthof gambling in B.C. reaps ever increasing revenue from it. "They arebecoming gaming crackheads," NDP Crown corporations critic Guy Gentnercharged yesterday, noting that government income from gambling in theprovince for the coming […]
A Waialua man admits he paid off the girlfriend of a Honolulu police officerbecause he feared possible shutdown of his illegal gambling business thatincluded cockfights, card games and craps on family property in Waialua. "Iwas running the Waialua cockfights, and I was paying Micha Terragna weekly,"Charles Gilman told U.S. Magistrate Judge Barry Kurren yesterday. Gilman,51, […]
The Wampanoag Indians, among others connected to the gaming industry, aretalking to Doug Rubin, one of Governor Deval Patrick's top campaignadvisers, about representing their interests. Rubin, who is in the processof setting up his own consulting business, said he has not "finalizedanything" with any gambling client. If he signed on with one, he said, itwould […]
With the NBA All-Star Game taking place in Las Vegas this past Sunday night,the issue of moving a NBA team to Las Vegas has come to the forefront of NBAconversation. Commissioner David Stern is just now opening discussion aboutfielding a Sin City franchise. What was his reason for neglecting mention ofmoving a team to one […]
One of the final bills filed by house lawmakers could authorize up to nine casinos at racetracks and other locations in Kentucky. This could happen only if voters give their approval to a constitutional amendment in the November 2008 election. But first, the general assembly has to give its approval. Expanded gambling could provide jobs […]
New laws come into effect later this year which mean that anyone who wantsto run a gambling business in the North East area, including local bettingshops, amusement arcades, bingo halls and casinos, must apply for a licence.The Gambling Commission will be responsible for licensing and regulatinggambling in Britain under the Gambling Act 2005 which comes […]
Illinois House Republicans have proposed a $5 Billion budget for roads,schools and mass transportation. The money to cover the budget will comefrom an expansion of Illinois' casinos. Expanding gambling in the State hasnot been a popular option in the past. But when compared to other options,such as increased sales tax or an increase on State […]
A majority of Kentuckians favor allowing casino gambling at the state'sracetracks, according to a Bluegrass Poll released Wednesday. The pollconducted by The Courier-Journal of Louisville found that 52 percent ofKentuckians favor casinos at the tracks, while 38 percent oppose them andanother 10 percent were undecided. The poll was encouraging for members ofthe thoroughbred racing industry […]
When it comes to betting on sports, it seems the gambling industry has leftno stone unturned. There are government-sanctioned Sport Select kiosks invirtually every corner store, casinos in every corner of the city andchances to bet on just about any horse race in the world at EdmontonNorthlands. There are illegal book-makers more than willing to […]
A university study about people who want to overcome gambling problems isseeking volunteers from rural Nevada. The study is being conducted by theUniversity of Nevada, Las Vegas, International Gaming Institute along withHarvard Medical School. Professor Bo Bernhard said he is seeking volunteerswilling to participate in three 15-minute phone interviews about theirgambling. Bernhard is the director […]
Ireland based market research resource centre, Research and Markets haspredicted that the Spanish interactive gambling market will see a staggering240 percent growth by 2010, reaching ?4.2 billion. The gambling market ingeneral is also set to see an extensive boost to revenues, growing to ?39billion by 2010. Following the introduction of restrictive online gamblinglaws in other […]