The Kansas House of Representatives passed a bill this week allowing casinosand slot machines. Lawmakers are betting that gaming will be a cash cow forthe state. If you listen to supporters, "destination" casinos will attractpeople from around the region, and their money will boost the state andlocal economies. That's enough to sway many legislators. What […]
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A former Merrill Lynch & Co. broker was arrested on state gambling chargesin New York, postponing his federal trial for selling access to tradinginformation broadcast over his firm's office intercom. Sign up for: GlobeHeadlines e-mail | Breaking News Alerts Timothy O'Connell, 42, of CarlePlace, N.Y., was one of 17 people charged yesterday in connection with […]
In advance of Wednesday's votes in Parliament on the geographicaldistribution of casino premises licences, The Salvation Army and theMethodist Church have re-stated their general concerns relating to increasedgambling opportunities, particularly the potentially devastating effects onthe vulnerable. 'Evidence suggests that the new casinos, the increasingpopularity of online gambling and the general drift towards the"normalisation" of gambling […]
Cary Police say they have broken up an illegal poker gambling hall that washoused in a nondescript warehouse and have arrested over 40 people onvarious charges. Acting on an anonymous Crime Stoppers tip, the Cary PoliceDepartment served a search warrant at 233 "M" East Johnson St. on Friday,March 23rd shortly after midnight. The bland looking […]
Three of four West Virginia racetracks aim to have voters decide June 9whether to allow table games in their slots-only casinos, but executives saythe timing of votes in Hancock, Ohio and Kanawha counties is more abouturgency than strategy. "I don't think it was really organized. It's just thefirst available day we could get,'' Bob Marshall, […]
Betting is drawing attention in the wake of Bob Woolmer's murder. Even asspeculation is rife that the betting biggies could have been behind thecrime, www.cricketworldcuplatest.com informs that the Jamaica sleuths areyet to find any evidence regarding match-fixing and betting in Woolmer'slaptop. How big is the betting industry? A Las Vegas-datelined report onhttp://abcnews.go.com cites PricewaterhouseCoopers' forecast […]
An odd combination of gambling opponents and supporters stalled legislationearly today that would repeal Missouri's unique gamblers' loss limit in anattempt to generate tax revenues for college scholarships. Missouri lawcurrently prohibits casino patrons from buying more than $500 inslot-machine tokens or table-game chips every two hours – the nation's onlysuch betting cap. Senate legislation would […]
The International Association of Athletics Federations (IAAF) has movedswiftly to reduce the likelihood of gambling scandals besetting their sportafter allegations that the death of Pakistan Cricket coach Bob Woolmer wasrelated to the gambling underworld. Speaking at the World Cross-CountryChampionships in Mombasa, Kenya, the association voted to "forbid officials,athletes, their representatives, managers, coaches, meeting organisers andtrainers […]
Gambling winnings include winnings from lotteries, raffles and sweepstakes,and proceeds from wagers. Gambling winnings from charity-sponsored eventsare also includable in gross income. You may or may not receive Form W-2Gdepending on the type of gambling, the amount of gambling winnings, andgenerally the ratio of the winnings to the wager. Gambling winnings arereported on line 21 […]
The European Commission has warned German regions to think about revisingplans to ban online gambling or face possible legal action, an official atthe EU's executive arm said last week. This current action is the latest instring of heated clashes between Brussels and European Union countries overthe gambling industry, which is limited to state-controlled monopolies inseveral […]
Nearly half of web traffic that passes through corporate infrastructure isnot related to work activities, according to a new study. The researchcarried out by web security firm ScanSafe found that 49 per cent of trafficthat employees generated concerned mostly gambling, music downloads, pornand people checking their webmail. The authors of the report said that oftraffic […]
A spokesman for the EU said today that the European Commission gave an orderfor Germany to overturn its imminent Internet gambling ban, or to stopadvertising for its horse betting monopolies, or it will face legal action.Brussels, Germany hosts a state run betting monopoly which the EuropeanCommission says is illegal according to its laws. The new […]
Pete Rose has a new spin on his gambling habit. The man who for a decadeswore that he never bet on baseball, then admitted that he did so onoccasion, now says he bet on every game the Cincinnati Reds played duringhis five years as manager. Major League Baseball's unequivocal ban ongambling is posted in every […]
German regions have been told by the European Commission to rethink plans toban online gambling or face possible legal action, an official at the EU'sexecutive arm said on Friday. It is the latest clash between Brussels andEuropean Union countries over the betting industry, which is restricted tostate-owned monopolies in some EU member countries. EU Industry […]