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Tag Archives: casino

At 22, a recovering gambling addict

The allure of gambling calls out to Matthew Bowles-Roth wherever he goes.When he drives on the freeway, casino billboards entice him with riches.When he buys cigarettes at the convenience store, lottery tickets shineunder the glass counter. When he flips through TV channels, guys his ageappear in high-stakes poker tournaments, beaming like movie stars. Eachtime, Matthew […]

Gambling has a grip on college campuses – especially among young men

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.And now, sitting in the back of the class, […]

Macau gambling revenue jumps

Macau may have dethroned the Las Vegas Strip as the world’s biggest casinocenter, according to figures available Wednesday that show the Chineseterritory’s gambling revenue jumped 22 percent to US$6.95 billion last year.The former Portuguese enclave has been booming since the government bustedup a casino monopoly three years ago and began welcoming U.S. gamingpowerhouses like Las […]

Four Wall Street Firms Are The Latest Gambling Casualties

Four investment banks have been issued subpoenas in an investigation intothe multibillion-dollar online gambling industry. The Justice Department hasissued subpoenas to at least four Wall Street investment banks as part of awidening investigation into the multibillion-dollar online gamblingindustry, according to people briefed on the investigation. The subpoenaswere issued to firms that had underwritten the initial […]

GAMBLING ADS AXED BY GOOGLE

Casino advertisements on the giant search engine Google could be a thing ofthe past following a decision by Google HQ currently being reported inmarketing media. The reason behind the decision is reportedly that Googleand its rival Yahoo! have allegedly been warned off by the US JusticeDepartment authorities for promoting gambling indirectly to an underageaudience through […]

PLAYTECH MOVES INTO LAND GAMBLING TECHNOLOGY

A subsidiary of the online gambling software developer Playtech has signedwhat is described as “….a significant step” into the land based gamblingsector.Online gaming software firm Playtech said its subsidiary Videobet hassecured a long-term licensing contract with leading Mexican casino operator,Entretenimiento De Mexico. Under the terms of the three-year contract, EMexwill add Videobet’s server based gaming […]

Macao Surpasses Las Vegas as Gambling Center

Macao surpassed the Las Vegas Strip to become the world’s biggest gamblingcenter in 2006, measured by total gambling revenue, according to industryanalysts and government figures released today. In the eight years sinceMacao, a former Portuguese colony on the coast near Hong Kong, was returnedto Chinese control in 1999, it has experienced a huge boom in […]

Guyana Passes Hotel Gambling Bill

Guyana’s Parliament has approved limited casino gambling in some hotels thatare scheduled to open ahead of this year’s cricket World Cup. The proposal,which passed late Monday, prompted street marches last week by the politicalopposition and religious groups who argue it will encourage vice and providenew opportunities for organized crime. “We have been condemned but webelieve […]

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 Subpoenas on Wall St.

The Justice Department has issued subpoenas to at least four Wall Streetinvestment banks as part of a widening investigation into themultibillion-dollar online gambling industry, according to people briefed onthe investigation. The subpoenas were issued to firms that had underwrittenthe initial public offerings of some of the most popular online gamblingsites that operate abroad. The banks […]

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. […]

British Public Backs New Online Gambling Laws In pkr.com And YouGov Survey

Survey of UK consumers finds broad public support and little opposition togovernment plans to license and regulate online gambling as part of newCasino Act.Results show consumers find licensing and regulation of gambling sites arekey in inspiring consumer confidence and trust. 22nd January 2007 –Controversial government plans to license and regulate online gambling havestrong public support […]

Renewed Push for Legalizing Gambling in Texas

Over the years attempts to legalize casino gambling has repeatedly beenblocked in the Texas Legislature, so casinos across the border have welcomedTexas gamblers. Gambling interests are making a renewed push for casinos andthey’re betting on the 2007 Texas legislature to make it happen. Take ashort drive up to Durant, Oklahoma and you’ll find that an […]

Casino gambling law guise for illegal activities – Corbin

Casino gambling legislation is a means by which criminal elements in Guyanacan conceal their various activities including extra-judicial killings and anumber of other illegal activities. PNCR-IG Leader and Opposition LeaderRobert Corbin levelled this charge when he addressed persons gathered atParliament Buildings yesterday following a protest march co-sponsored by hisparty. He told persons there that casino […]