Gambling income includes, but is not limited to, winnings from lotteries,raffles, horse and dog races and casinos, as well as the fair market valueof prizes such as cars, houses, trips or other noncash prizes. Depending onthe type and amount of your winnings, the payer might provide you with aForm W-2G and may have withheld federal […]
Tag Archives: casino
So much concern is placed on the individual who has a gambling addiction. Ofcourse, treating an individual with a gambling addiction is very important.What about the families of those with gambling addictions? Often times as asociety we forget about the loved ones of those with addictions. Likealcoholism, concern must be shown for the family members […]
Jay Melancon hunkered down in an auditorium chair for his morning psychologyclass at the University of Minnesota, flipped open his laptop and logged on.The instructor yammered on at the front of the room, but Melancon wasn'tlistening. He was exhausted from staying up all night playing online poker.Now, sitting in the back of the class, he […]
There is an old adage that one of the worst things that can happen to afellow is to win a bet on a horse at a young age. Buttressing that homespunhorse sense with statistics and psychological evidence, Rep. Deborah Fellelaof Johnston pitched her bill to raise the minimum age to gamble in RhodeIsland from 18 […]
Legislators want the state to have a say in selecting presidential nominees.That might happen if legislation that would move up the date of the primaryby a month next year, to Feb. 5, 2008, is passed. It is supported by membersof both parties. Republicans and Democrats alike are pushing to move theprimary election from the first […]
Senate Majority Leader Charlie Shields wants to remove the $500 gamblinglimit every two hours and impose a one percent tax increase on casinos.Money generated from those changes would be directed at a new scholarshipprogram available to all high school graduates attending a public or privateMissouri higher education institution. The exact amount of each scholarshipwould depend […]
Americas Watchdog discovered the new legislation has had little effect withOnline Casinos. With the exception of one indictment, its been business asusual, or the off-shore online casinos have invented new schemes tocircumvent the new US laws. After the 2006 legislation was signed by thePresident; many casinos in England or other countries moved their onlinegaming/casino web […]
Chinese gambling revenue in Macau has topped that of the Las Vegas Strip andwill more than double again by 2010, the president and chief operatingofficer of Las Vegas Sands Corp. predicted on Monday. Sands this year isopening a "Venetian" resort that shares the name of its Vegas casino andwill be one of the first examples […]
Frequent gambling losses at area casinos apparently led Chargers safetyTerrence Kiel to seek other means of income, including the shipping ofcodeine-based cough syrup that got him arrested last year, law enforcementauthorities said. Officials were told in their investigation that gamblingis "exactly what caused the problem, that he was in over his head because hegambles too […]
A 43-year-old woman who admitted Tuesday to embezzling cash from a drivers'education program at Rockford Schools faces up to 10 years in prison. Schoolofficials and Kent County Sheriff's Department investigators say Tamara SueOsech, who lives in the school district, turned herself in last fall andconfessed to taking cash payments intended to go to a state-run […]
The launch of two high-profile online gambling sites over the few weeks hasprovided further evidence that the online gambling industry, far fromcrumbling in the wake of the UIGEA, is still as strong as ever. The highestprofile launch was that of Playboy Gaming, whose investment in the marketshows that even established big-name brands are confident in […]
Nothing in this world can be said to be certain, Ben Franklin noted in aletter to a friend, except death and taxes. And, he should have noted,there’s one more thing: Every new governor of Massachusetts looks at casinogambling as a potential source of revenue. Daniel O’Connell, the state’ssecretary of housing and economic development, confirmed in […]
WITH BARBADIANS and visitors spending $200 – in some cases much more – inMega 6 tickets to win the $2.5 million jackpot, some priests have come outand condemned the gambling fever now sweeping the island. “It is evil andshould be avoided,” said Father Harcourt Blackett on Sunday in a telephoneinterview. The Roman Catholic cleric said […]
The Court of Appeal here today allowed the appeal with costs by two foreigncasinos to recover RM7.1 million gambling debts owed by former Sabah ChiefMinister Datuk Seri Osu Sukam. The three-man bench, Justices Datuk JamesFoong, Datuk Abd Hamid Embong and Datuk Mohamad Raus Sharrif held the HighCourt judge was wrong to conclude that to register […]