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Tag Archives: bet

Laptop key to major gambling ring bust

It was the high-tech key to a massive, illegal gambling kingdom a laptopcomputer that authorities say was owned by professional poker player JamesGiordano.Giordano, who rarely let the laptop out of his sight, unknowingly took agamble earlier this year by leaving it behind while attending a wedding in aNew York suburb, said police. In the three […]

Florida man charged in online gambling ring

Twenty-seven people, including a Pince Crest man and a former pro baseballscout, were charged in a billion-dollar-a-year gambling ring. New York CityPolice Commissioner Ray Kelly says the illegal gambling ring quote —“rivals casinos for the amount of betting.” The massive betting ring was runthrough a web site called Playwithal-dot-com, run by the poker player, JamesGiordano, […]

Earmarking, Ohio Gambling and Smoking

If this past election was a referendum on congressional budget earmarkingand good, old-fashioned pork-barreling, West Virginians did their part inendorsing those practices when they re-elected certain congressionalincumbents. Now that Democrats have regained control of both houses ofCongress, you can bet West Virginia is about to see the federal dollars flowonce again. Remember the dire predictions […]

Banned Americans flock to online gambling sites

WEB SECURITY FIRM ScanSafe has detected a 40 per cent increase in US-basedrequests for online gambling sites, even after legislation was passed byGeorgey Bush with the “Unlawful Internet Gambling Enforcement Act.” The actmakes it illegal for US banks and brokers to transfer funds to and from webgambling sites. The firm delivered its findings in its […]

Florida man charged in online gambling ring

Twenty-seven people, including a Pince Crest man and a former pro baseballscout, were charged in a billion-dollar-a-year gambling ring. New York CityPolice Commissioner Ray Kelly says the illegal gambling ring quote —“rivals casinos for the amount of betting.” The massive betting ring was runthrough a web site called Playwithal-dot-com, run by the poker player, JamesGiordano, […]

Gambling in Pennsylvania is here to stay

With the opening of the Mohegan Sun at Pocono Downs, Pennsylvania’sslot-machine era is officially underway. For better or for worse, thePoconos racino proudly announced “Phase One of casino project is now open.”It features two floors packed with nearly 1,100 slot machines, from thepopular Wheel of Fortune to Double Diamonds to the brand spanking new Dealor […]

We need a detailed study on gambling

Critics of the recently released study on problem gambling are beingneedlessly harsh in their dismissal of the research. The study by UPEIprofessor Jason Doiron is neither misleading nor irrelevant. Rather it isincomplete. Doiron looked at the prevalence of problem gambling in thespring of 2005 and compared it to the numbers from a similar study conductedin […]

Massive Internet Gambling Operation Busted

A massive online gambling operation was shut down Wednesday with theindictment of 27 individuals and three corporations on charges of unlawfullyoperating a highly sophisticated operation in Queens County and elsewhere inthe world that booked more than $3.3 billion in wages over a 28-month periodon a wide variety of sporting events ranging from horseracing, football,baseball, basketball […]

Spitzer holds cards on city’s gambling future

The fate of a stalled plan to bring the largest video gaming parlor in thecountry to Queens could rest in the hands of Governor-elect Eliot Spitzer.The 4,500-Video Lottery Terminal parlor was set to open this year atAqueduct Racetrack in Ozone Park, but is now on indefinite hold after thetrack’s owner declared bankruptcy.“The delay in approving […]

Duma Unanimously Passes Gambling Bill

State Duma deputies unanimously gave tentative approval Wednesday to a billthat would tighten the screws on gamblers and ultimately ban gambling exceptin four special zones from 2009. But the legislation — criticized forclumsy wording and prohibiting activities such as betting on friendly cardgames in private homes — is widely expected to undergo drastic changesbefore it […]

Spitzer holds cards on city’s gambling future

The fate of a stalled plan to bring the largest video gaming parlor in thecountry to Queens could rest in the hands of Governor-elect Eliot Spitzer.The 4,500-Video Lottery Terminal parlor was set to open this year atAqueduct Racetrack in Ozone Park, but is now on indefinite hold after thetrack’s owner declared bankruptcy.“The delay in approving […]

Online Gambling Shakeup As Betcorp Bought Out By Bodog

The Unlawful Internet Gambling Enforcement Act of 2006 won’t stop onlinegambling but it will cause consolidation in the industry and a furtherexample of this was announced today as Bodog is now the proud new owner ofBetcorp’s operating subsidiaries. Bodog agreed to buy out Betcorp for areported $9 million. Betcorp operated the highly successful onlinesportsbook BetWWTS.com […]

PUBLIC COMPANIES INCREASE TRUST IN ONLINE GAMBLING

In an interview with the publication WWMT this week Professor Bill Eadingtonof the Institute for the Study of Gambling and Commercial Gaming says thatthe publicly traded companies from the UK have become very significantplayers in the business and this has increased integrity and trust levels inthe industry in general. WWMT points out that growth estimates […]

POLITICAL CHANGES IN THE USA COULD BE POSITIVE FOR GAMBLING

The CEO and president of the American Gaming Association, Frank Fahrenkopfsounded a positive note on the wider industry this week in an interview withReuters news agency on the political changes arising from the recent USmid-term elections. The top gambling executive said that the newDemocrat-dominated Congress will put pro-casino politicians in keyleadership positions as the American […]