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Tag Archives: bet

Problem gambling will increase, says ‘casino’ minister

A SHAKE-UP of gambling laws could increase problem gambling, the governmentminister in charge of the issue has conceded. The Gambling Act, which waspassed last year, relaxes some restrictions on the industry. For the firsttime, Las Vegas-style `supercasinos’ will be allowed in Britain. A decisionon the site of the first is due in the next week. […]

Gambling questions in the House of Lords

Lord Faulkner of Worcester has asked Her Majesty’s Government: Whatdiscussions they have had with the Gambling Commission about requiringbetting organisations to conclude information-sharing agreements with sportsgoverning bodies as a licence condition for accepting bets on those sports.Lord Davies of Oldham: My Lords, discussions have taken place over a rangeof issues relating to sports and the […]

Others expected to fill Neteller void in U.S. online gambling

Though payment processor Neteller PLC is the latest and largest such companyto pull out of the lucrative but illegal U.S. online gambling market,industry observers said other e-wallet sites would come forward to take itsplace. The arrest of its founders Monday on U.S. soil on money launderingcharges and the company’s delicate position as a publicly traded […]

Indian casinos fueling growth in this nation’s gambling industry

Back in the early 1960s, no states ran lotteries, only one — Nevada —allowed casinos and Indian tribes had yet to discover bingo or glitzy casinohalls. Today, 42 states operate lotteries, 37 have commercial, Indian orracetrack casinos and only two — Utah and Hawaii — don’t allow any form ofgambling. The gaming industry is a […]

8 men indicted in Wise County gambling case

Eight men face more than 100 charges in Wise County for allegedly operatingillegal gambling houses along the town of Appalachia’s Main Street.While the buildings were vacant by day, prosecutors allege, they were a hiveof clandestine activity at night as card players and gamblers looking toplace bets on sporting events made their way to the back […]

Lawmaker backs off proposal to legalize video gambling

A lawmaker who supports efforts to legalize and regulate video gamblingmachines in taverns and bars says he will not push such legislation thisyear – but that doesn’t mean the issue is dead. Rep. Win Moses, D-FortWayne, says regulating and taxing illegal video gambling machines, sometimescalled ”Cherry Masters,” could generate $200 million in tax revenue forthe […]

ANOTHER SHOT ACROSS ONLINE GAMBLING’S BOWS

The recent arrests of Neteller ex-directors Stephen Lawrence and JohnLefebvre whilst visiting the United States highlights once again that ifAmerican officialdom can get its hands on Internet gaming executives, it isprepared to bring charges that stride over international boundaries. Anyonereading the press release from the US Attorney General’s office thatreported the arrests can have little […]

Two officers bound over for gambling

One of the three officers in court this week for having allegedly gambled atthe Chickasha Elks Lodge has been allowed to go free. While Special DistrictJudge Ken Harris found that there was probable cause that illegal gamblinghad occurred at the Elk’s Lodge between August of 2005 and September of2006, Harris did not have sufficient evidence […]

Founders of gambling accounts firm arrested

The two founders of the British “virtual wallet” group Neteller, whichprovides gambling accounts to online punters, have been arrested in Americaand charged with money laundering offences which carry penalties of up to 20years in prison. Neteller’s former chairman, Steve Lawrence, 46, wasdetained in the US Virgin Islands on Monday and his co-founder, JohnLefebvre, 55, was […]

Beshear backs casinos, more track gambling

Democratic gubernatorial candidate Steve Beshear yesterday said he wants togive people a chance to vote next year on whether to legalize expandedgambling at racetracks and to open some casinos in Kentucky. Beshear saidexpanding gaming would generate $500 million a year for the state, help thehorse industry and stop Kentuckians from going to Indiana and other […]

U.S. charges firm’s execs in Internet gambling case

Two founders of a company that processes Internet gambling transactions werearrested and charged with funneling billions of dollars in gambling proceedsto overseas betting operations, federal prosecutors announced Tuesday. Thecharges mark the latest in a series of crackdowns by the federal governmentagainst the online gambling industry. The charges against the formerNeteller PLC directors, John David Lefebvre, […]

Christchurch the ‘Gambling-related Crime Capital’

“Christchurch is off to a bad start in 2007, defending its dubious title asthe gambling-related crime capital of New Zealand,” says John Stansfield,CEO for the Problem Gambling Foundation of New Zealand (PGF). “Yet again, abusiness has been run to the ground and its customers left out of pocketbecause of a gambling problem,” says Mr Stansfield. […]

Poker Club Manager Convicted Under U.K. Gambling Laws

The manager of a 23,000-member private card club in London was convictedtoday of violating Britain’s gambling laws after a jury decided poker is agame of chance, not pure skill. Derek Kelly argued that he didn’t need agambling license to take a share of profits from players at his club becausethe U.K.’s Gaming Act 1968 covers […]

Neteller Execs Charged in Gambling Case

Two founders of a company that processes Internet gambling transactions werearrested and charged with funneling billions of US dollars in gamblingproceeds to overseas betting operations, federal prosecutors announcedTuesday. The charges mark the latest in a series of crackdowns by thefederal government against the online gambling industry. The charges againstthe former Neteller PLC directors, John David […]