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Tag Archives: gambling

Legalized Video Gambling Draws New Interest After Raids

Some lobbyists pushing to legalize electronic gambling machines are findinga more receptive audience in eastern Indiana where authorities raided morethan 20 taverns accused of violating the law. Indiana Licensed BeverageAssociation officials drew about 40 bar and restaurant owners to a meetingTuesday. It was one of a series of public meetings around the state topersuade lawmakers […]

Online Gambling community plans assault on Jon Kyl

As a co-sponsor of a bill that was signed into law two weeks ago byPresident Bush, Jon Kyl, the Republican Senator from Arizona, has workedhard over the years to abolish online gambling utilizing the “family values”front. The current law would look to severely cut off some forms of onlinegambling via credit card transactions, though the […]

Web Gambling Sites Raise Stakes in Europe as U.S. Enforces Ban

PartyGaming Plc, the world’s largest online poker company, lost 75 percentof its revenue when the company shut down its U.S. sites to comply with anew law enforcing a ban on Internet gambling. That hasn’t dented ChiefExecutive Officer Mitch Garber’s optimism. “Chaos breeds opportunity and wewill seize that opportunity,” Garber said on a conference call Oct. […]

Gambling Site Taking Bets on PS3 Launch

Gambling site Bodog has odds up for the Playstation 3 launch. While I’mintrigued, I think the person setting the odds and deciding on the betsneeds to do a little more homework. The site still has bets up on whetherthe price will be changed before launch and whether the console will getapproval by the FDA before […]

House shuffles gambling measure

The Pennsylvania Legislature was unable to finalize a long-awaited gamblingreform bill Tuesday night after the House amended a number of provisions,including one it claims was the result of a Senate drafting error. Thegambling reform bill was the second piece of major legislation on the agendathat lawmakers may be unsuccessful in finishing up before the Novemberelection […]

Pa. House makes more changes to slot-machine gambling law

The unanimous vote kept the bill from going to Gov. Ed Rendell. It alsocontinued a volley between chambers that has lasted for much of the pastyear over how to fix problems identified by critics of the state’s2-year-old gambling law, with one chamber often dropping pet provisionswritten by the other. House Majority Leader Sam Smith, R-Jefferson, […]

Shanghai gangster gets death sentence for drug trafficking, gambling, other crimes

The man said to be Shanghai’s “top gangster” has been sentenced to death fordrug trafficking and other crimes. The Shanghai No. 2 Intermediate Courtfound Li Bin, 40, guilty of leading a criminal organization, trafficking indrugs, organizing attacks and illegally possessing weapons, the ShanghaiDaily reported. It said that Li’s wife and 18 members of his gang […]

Gambling money, false ad claims fly

Alabama’s Supreme Court chief justice race is boiling, with incumbentDrayton Nabers Jr. accusing challenger Sue Bell Cobb of taking gamblingmoney, and Cobb claiming Nabers was forced to pull a false ad. The nation’smost expensive state Supreme Court race is getting more expensive. Bothsides in the tight race plan more TV ads for the final two […]

Pa. House makes more changes to slot-machine gambling law

The unanimous vote kept the bill from going to Gov. Ed Rendell. It alsocontinued a volley between chambers that has lasted for much of the pastyear over how to fix problems identified by critics of the state’s2-year-old gambling law, with one chamber often dropping pet provisionswritten by the other. House Majority Leader Sam Smith, R-Jefferson, […]

Ban Won’t Stop Online Gambling

Gamblers may look over their shoulder now, but experts say a new Internetgambling ban won’t keep bettors from ponying up, just turn them on tooverseas payment services out of the law’s reach. “It has put a terriblescare into people,” said I. Nelson Rose, who teaches gambling law atWhittier Law School. “But it won’t by any […]

Legalized video gambling draws new interest after raids

Lobbyists pushing to legalize electronic gambling machines are finding amore receptive audience in eastern Indiana after authorities raided morethan 20 taverns accused of violating the law. Indiana Licensed BeverageAssociation officials drew about 40 bar and restaurant owners to a meetingTuesday. It was one of a series of public meetings around the state topersuade lawmakers that […]

Drunkenness, gambling.Growing problems in schools

Rev. Frank Dei, who made the disclosure said the consumption of alcohol anddrugs was threatening not only the health and education of the youth, butalso their productivity. The Rev, Minister’s observations are borne out on aregular basis by reports of students and young people engaging in bingedrinking. Just last week, eighteen final-year pupils of Adankwame […]

Law stops Internet gambling payments

Congress has passed a provision outlawing payments to Internet gamblingsites by banks and credit card companies. Congress approved a bill tobolster port security Sept. 30, and attached to this “must-pass” bill is aspecial provision that would make it illegal for credit card companies andbanks to transfer funds to online gambling companies. The law has beendescribed […]

Gambling losses for SkyCity affects profit

Four months into the financial year, Sky City Entertainment Group hasforecast flat profits in FY07. The projected profit range of $100-$110million, essentially flat on the 2006 results, has been affected by weakertrading conditions, gambling losses and a stronger New Zealand dollaraffecting tax payments. Weaker trading conditions have dragged revenues downat the Auckland gaming and entertainment […]