Investors recently doubled down on gambling stocks despite a yearlongwinning streak, wagering that expansion will spur growth and bettors willkeep spending even as the economy softens. The Dow Jones U.S. Gambling Indexhas surged more than 35 percent since the start of the year, easilyoutpacing the broader market as represented by the Standard & Poor’s 500index, […]
Tag Archives: bet
Four former employees of an affiliate of Yamato Transport Co., a majordelivery company, have been arrested on suspicion of gambling onprofessional baseball games at their offices, police said. According to thepolice, on-duty drivers from the Kyoto and Osaka branches of Kyoto YamatoUnyu delivery company placed bets via cell phone e-mail. The betting systemwas started by […]
The recent Global Gaming Expo (G2E) in Las Vegas saw a marked absence ofonline gaming companies and executives discouraged from travel to the USA bythe recent passing of the Unlawful Internet Gambling Enforcement Act, butthe industry nevertheless generated an abundance of media comment. Asidefrom the widely reported comments of top land gaming executives like TerriLanni […]
Not so long ago, stories about gambling addiction dominated the news, aspro- and anti-gaming troops battled for the hearts and minds of politiciansand the public. Strangely, as eight candidates vie for the leadership of theTory party, an issue that once caused so much uproar has fallen off theradar screen. Problem gamblers are still ruining their […]
ONLY a week after voters in Ohio once again made clear their opposition tothe expansion of legalized gaming in the Buckeye State, thousands ofresidents of Pennsylvania were moving in entirely the opposite direction asthe Keystone State’s first slot-machine parlor opened, and gamblers seekingeasy money poured through the doors. The Mohegan Sun at Pocono Downs nearWilkes-Barre […]
THERE are many similarities – and a substantial difference – between the $4billion media joint venture Kerry Stokes and Kohlberg Kravis Roberts enteredinto yesterday and the deal James Packer struck with CVC Asia Pacific only amonth ago. While at face value they appear identical, with both mediaproprietors selling half-shares in their media business, built around […]
It has been five weeks now since the signing into law of the UnlawfulInternet Gambling Prohibition Act. Here is an update of online casinos,sports books and online poker rooms that still welcome USA customers…Thelist of online gambling sites that accept USA players seems to be settlingdown for the moment. We will continue to update the […]
If no gambling zone appears in Krasnoyarsk Territory, there will be noslot-machine in the region by 2009, Deputy-Governor Sergey Sokol announced.Speaking about possible arrangement of a gambling zone in KrasnoyarskTerritory, Sokol said the administration has ready proposals to build agambling zone in a southern district of the region. “We are not striving atthis, yet we […]
A former part-time scout for the Washington Nationals who was arrestedWednesday on charges of taking part in a major sports gambling operation wasnot in position to affect Major League Baseball games, prosecutors in thecase said yesterday. The scout, Frank Falzarano, whose contract with theNationals was not renewed last month, was one of 27 people charged […]
Labor immigration, anti-extremism measures and the decriminalization of thegambling business were among the key issues the Russian president discussedduring a meeting with the leadership of the pro-Kremlin party Friday.“Russia is interested in attracting workers and experts from abroad, and wewill consistently develop civilized relations in the labor migration field,”Vladimir Putin told United Russia. The president […]
Rumors of another online gambling company indicted by the US JusticeDepartment have sent shockwaves through an industry still reeling from thetakedown of 33 stateside bookies and agents utilizing various offshoregambling components. The stories circulating remain vague at this time,however they have nothing to do with the high profile New York case thatcame to light on […]
The Poker Players Alliance and executives for the American GamingAssociation (AGA) say they are hopeful that the recent political changes inthe U.S. Congress will help them overturn the Unlawful Internet GamblingEnforcement Act of 2006 (UIGEA). You may recall how the UIGEA was appendedonto to the sure-to-be-passed Safe Port Bill when most Senators had alreadycast their […]
Rumors of another online gambling company indicted by the US JusticeDepartment have sent shockwaves through an industry still reeling from thetakedown of 33 stateside bookies and agents utilizing various offshoregambling components. The stories circulating remain vague at this time,however they have nothing to do with the high profile New York case thatcame to light on […]
Gaming industry leaders say Internet gambling will thrive despite a recentlaw effectively barring online betting in the United States. In October,President Bush signed legislation making it illegal for U.S. banks andcredit card companies to process payments to gambling Websites But sometraditional U.S. casino operators view the rules as temporary and say ashift away from online […]