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Tag Archives: bet

NBI v. Internet gambling

GOING after alleged operators of Internet casinos seemed easy enough for theNational Bureau of Investigation (NBI). But in the real world, where lawenforcement and investigative tasks ought to be conducted "by the book,"such is one hard thing to do. Here's some background on the NBI's raid andfiling of illegal gambling case against an alleged Internet […]

Online Gambling CEO’s Fail To Make This Years Forbes List

Since the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA),online casino CEO's Calvin Ayre, founder of Bodog, and PartyGaming foundersRussell DeLeon and Ruth Parasol, did not make this years billionaire listfor Forbes Magazine. Calvin Ayre, the founder of online casino favorite,Bodog.com, was dropped off the list after being on the cover of ForbesMagazine for […]

Legal Poker Under Prohibition 2.0

Bill Frist, then Majority Leader of the U.S. Senate and now ex-would-bepresidential candidate, designed the Unlawful Internet Gambling EnforcementAct ("Prohibition 2.0") to cover Internet poker. He defined "bet or wager"as including risking something of value on the outcome of a contest, sportsevent "or a game subject to chance." Is there any game, even chess, that […]

Offshore sites bet on U.S. business

Thinking of going online and wagering on a few games in the upcoming NCAAbasketball tournament? Uncle Sam doesn't want you to, but he's havingtrouble stopping anyone. The government's latest effort to get Americans tostop gambling via the Internet has been largely ineffective, according tothe online gambling industry. In autumn, Congress passed — and PresidentBush signed […]

Washington State Bets On Gambling

State gambling regulators have opened the door to more slot machines,24-hour casinos, high-stakes games and more. Although the deal seems certainto go through, Republicans in the Washington Legislature are voicingconcerns about the largest expansion of gambling in the state's history. Bya 5-3 vote, the Washington Gambling Commission approved a series of newcompacts with 27 tribes […]

Five nabbed for gambling

Five town residents are now in jail after their arrest Saturday for violation of Republic Act 9287, or illegal gambling, in Brgy. 2 poblacion, E.B. Magalona, Negros Occidental. Nabbed were John Renato Gonzales, 19; Jesus Gonzales, 49; Antonio Gonzales, 56; Renato Maja,68; and Maruy Grace Puray, 26, all of the barangay. Senior Inspector Santiago Rapiz, […]

Stakes raised in gambling battle

Texans would get to decide whether to allow casino resorts in cities such asGalveston and slot machines at dog tracks like the one in La Marque underlegislation proposed Thursday by two Texas senators. But if history is ateacher, you can bet on a battle royale, even among some gamblingproponents. The issue for many comes down […]

OASES aims to increase parental awareness of underage gambling

State Office of Alcoholism and Substance Abuse Services Commissioner KarenCarpenter-Palumbo Wednesday announced that New York State is observingProblem Gambling Awareness Week from March 5-11. As part of this observance,OASAS has launched a statewide Public Service Announcement in an effort toencourage communication between parents and youth about the warning signsassociated with underage gambling. "OASAS is observing […]

Mobile gambling set to reach $16b by 2011

The total value of bets placed worldwide on mobile phones will reach $16b ayear by 2011, according to market research analysts Juniper Research. The US'scrackdown on internet gambling had caused a tentative year for thenewly-blooming industry with the implementation of the Unlawful InternetGambling Enforcement Act (UIGEA) forcing many within the industry toreadjust their focus and […]

Teens seen as vulnerable to gambling addictions

His gambling started with marbles in the schoolyard. By the time he was inhigh school, he played poker with friends and considered himself a poolshark. "I bounced a lot of checks; I stole a lot of money. . . . I wouldpretty much gamble however much money I had available," he said. Gamblingcost him jobs, […]

Helping those addicted to gambling

Who hasn't fantasized about a life of ease? What would it be like to haveenough money to build a beautiful house, buy that expensive car, travel?Those dreams, along with more down-to-earth thoughts of having some moneyleft over after paying the bills, are what drive so many Americans togamble. It is estimated that, in 1997, Americans […]

Court documents claim Mafia bookies did $1 billion in Internet gambling

An alleged Mafia underboss was running a sport bookmaking syndicate throughwhich almost half a billion dollars flowed in a period of just 11 months,according to police. Authorities claim Francesco del Balso, 36, ran 25bookmaking operations in Montreal, Ottawa and Toronto, which del Balsohimself allegedly boasted did more than $1 billion in business. In Quebec,del Balso […]

EU court strikes down Italian gambling restriction

The European Court of Justice in Luxembourg today ruled Italy can't usecriminal law to stop gaming companies licensed in other EU nations,including the UK's Stanley Leisure Plc, from taking bets in the country. Alaw barring publicly traded companies from obtaining licenses restricts "thefreedom to provide services." State monopolies in France, Germany and othercountries have been […]

Study looks for link between Parkinson’s and gambling

An Ontario study will look at whether Parkinson's patients who follow acommon drug regimen are prone to gambling addiction. A doctor at TorontoWestern Hospital says preliminary research indicates a link with themedication levodopa. A U.S. study released in April of last year foundpatients being treated for Parkinson's were prone to problem gambling andcompulsive shopping, as […]