A gambling-watchdog agency, always worried that adults are falling intodependence on wagering, is seeing unmistakable signs that adolescents are ineven worse peril. The New York State Council on Problem Gambling is about topublish results of a study that says that, whereas in 1998, 4 percent ofteenagers were at risk to become addicted to gambling, in […]
Category Archives: Gambling News & Events
A telephone helpline for problem gamblers set up a year ago by NorthCarolina lottery officials has received plenty of calls, but not from itstargeted audience. Up to 85 percent of the calls haven't been from peoplewith gambling problems, officials said. Instead, callers want to know thewinning Powerball numbers or have questions about their scratch-off tickets.In […]
The International Association of Athletics Federations (IAAF) has movedswiftly to reduce the likelihood of gambling scandals besetting their sportafter allegations that the death of Pakistan Cricket coach Bob Woolmer wasrelated to the gambling underworld. Speaking at the World Cross-CountryChampionships in Mombasa, Kenya, the association voted to "forbid officials,athletes, their representatives, managers, coaches, meeting organisers andtrainers […]
Gov. Joe Manchin has signed the bill allowing local option elections fortable game gambling in the state's four counties with racetrack casinos, butthe debate is not over yet. Manchin signed the bill Wednesday, one day afterthe Ohio County Commission scheduled a special election for Saturday, June9, to allow voters to decide whether to allow Wheeling […]
Tourist-attracting casinos and slot machines at race tracks were a stepcloser to reality when the House gave first-round approval to the idea aftermore than a dozen hours of sometimes contentious and emotional debate. The65-50 vote before dawn Saturday advanced the bill to final action, scheduledfor Monday. House Speaker Melvin Neufeld, R-Ingalls, a gambling opponent,said he […]
The extent to which the 2007 Budget took the UK gambling industry andinvestors by surprise cannot be underestimated. Only a week before Budgetday the Daily Telegraph had proudly trumpeted; "In a surprise move, theChancellor will use the Budget to announce that in return for a small amountof tax – possibly as low as 2pc or […]
The online gambling industry woke up this morning to learn that online moneytransfer Giant NETeller has decided to withdraw "no pun intended" from theCanadian and Turkish markets. Here is a statement the company's boardreleased to the London Stock Exchange: The NETELLER Plc Group ("NETELLER" orthe "Group") (LSE: NLR), the leading global independent online moneytransfer business, […]
The European Commission has warned German regions to think about revisingplans to ban online gambling or face possible legal action, an official atthe EU's executive arm said last week. This current action is the latest instring of heated clashes between Brussels and European Union countries overthe gambling industry, which is limited to state-controlled monopolies inseveral […]
Gambling winnings include winnings from lotteries, raffles and sweepstakes,and proceeds from wagers. Gambling winnings from charity-sponsored eventsare also includable in gross income. You may or may not receive Form W-2Gdepending on the type of gambling, the amount of gambling winnings, andgenerally the ratio of the winnings to the wager. Gambling winnings arereported on line 21 […]
Payment processing company for the online gambling industry, Neteller, hasannounced its plans to return funds to American customers. In an officialpress release, the company stated that it has signed partnership agreementswith the Unites States Attorney's Office for the Southern District of NewYork (USAO), as well as Navigant Consulting, a consulting firm that willprovide Neteller with […]
A bipartisan coalition proposed allowing three tourist-attracting casinosand slot machines at dog and horse tracks as the House on Friday begandebating whether to expand gambling. The plan called for casinos inWyandotte, Sedgwick and Crawford or Cherokee counties and 2,200 slotsdistributed among the Woodlands at Kansas City, Wichita Greyhound Park andCamptown at Frontenac. Voters in the […]
A spokesman for the EU said today that the European Commission gave an orderfor Germany to overturn its imminent Internet gambling ban, or to stopadvertising for its horse betting monopolies, or it will face legal action.Brussels, Germany hosts a state run betting monopoly which the EuropeanCommission says is illegal according to its laws. The new […]
March Madness could be affecting your kid. The head of an agency that helpsNew Yorkers adversely affected by gambling says there's an "epidemic" ofyoung people with gambling problems. James Maney, executive director of theNew York Council on Problem Gambling. says if your teen seems preoccupiedwith the NCAA basketball tournament brackets, that could be a sign […]
Nearly half of web traffic that passes through corporate infrastructure isnot related to work activities, according to a new study. The researchcarried out by web security firm ScanSafe found that 49 per cent of trafficthat employees generated concerned mostly gambling, music downloads, pornand people checking their webmail. The authors of the report said that oftraffic […]