AMERICA’s $6 billion (£3.2 billion) internet gambling industry is facingmeltdown after the US Senate pushed through a Bill at the weekend outlawingthe processing of bets by banks and credit companies. The surprise move,which is expected to spark a massive share sell-off, will promptLondon-listed 888 Holdings to announce this morning that it is halting itsentire US-facing […]
Tag Archives: casinos
Congressional Republicans attached a measure cracking down on Internetgambling to a bill aimed at enhancing port security that passed Saturday.Senate Majority Leader Bill Frist, R-Tenn., and Sen. Jon Kyl, R-Ariz.,pushed for the gambling provision to be added to the larger bill. Onlinegambling is generally illegal in most circumstances, but it is somethingthat is difficult to […]
House and Senate negotiators reached agreement last night on legislation totighten maritime and port security regulations and, in a last-minute move,added an unrelated measure that seeks to ban Internet gambling. At the sametime, House negotiators prevailed in their fight to strip out $4.5 billionin rail and mass-transit security funds included in the Senate provision.The port […]
Utah consumer protection officials have cited four companies for sendinge-mail solicitations to minors for Web sites promoting gambling, alcohol andpornography. It was the second time this year state investigators issuedcitations under the state’s controversial Child Protection Registry law,which requires adult-oriented Web sites and e-mailers to screen outaddresses on the list from their distribution databases. Named […]
Catholic schools in Calgary have agreed to stop fundraising through casinosand bingos, but it’s “business as usual” until they figure out how to makeup the $2-million shortfall, says the chairwoman of the school district’strustees. The issue arose when Calgary Bishop Fred Henry threatened to stripthe schools of their Catholic designation if they continued to raise […]
The Winnebago Tribe of Nebraska wants to open negotiations with Nebraska, soit can expand gambling on its on its reservation. Winnebago officialsbelieve many Nebraskans want casinos even though the petition to legalizecasinos that the Winnebago, Santee Sioux and Omaha tribes backed earlierthis year failed to gather enough signatures to get on the ballot. Andearlier this […]
BRITISH executives of online gambling companies could be arrested oncriminal charges in Germany if they set foot in the country. Officials fromthe interior ministries of the German states of Hesse and Bavaria told TheBusiness that executives of foreign companies who let German residents placesports bets online are committing “criminal” acts that could lead toprosecution in […]
If you want to see an ex ample of how quickly this region can change, lookat the articles on this page about gambling. Staff writer Tom Dochatexplains that the approval process for lucrative gaming licenses is hotterthan the handle of a 25-cent one-armed bandit on a Saturday night. Teams ofstate investigators have been traveling worldwide […]
Electronic-slots parlors would generate thousands of jobs and tens ofmillions of dollars to seed local business growth, gambling supporters say.But the four parlors that would sprout in Greater Cleveland are by no meansa sure bet to bolster the region’s economy, anti-gambling forces respond.Even the local power brokers who back the plan to bring nine parlors […]
Gambling money underpins parent advisory councils across B.C., but thesource of the much-needed cash poses an ethical dilemma for some parents.Unlike most PACs that happily pocket provincial grants funded by gambling,South Park Elementary does not. “Gaming can be problematic for some people,and is the message that we want to be sending to our kids that […]
West Virginia’s gambling industry plans another push in the Legislature nextyear for local option elections to allow table games at the state’s fourracetrack casinos.In preparation for next year’s effort, a poll released by the state RacingAssociation earlier this week shows 61 percent of West Virginians favorlocal option elections, up from 51 percent in a similar […]
The Rev. Patrick Walsh understands slot machines at Seven Springs may be adone deal. But though most of those playing the quarters at the popularresort likely will be from out of town, Walsh is concerned about theimplications gambling could have on families closer to home. “You can’t sayit’s not going to impact people in our […]
In a surprise move yesterday, the Ohio State University Board of Trusteescame out in strong opposition to the Learn and Earn issue on November’sballot that would allow casino and slot gambling in Ohio. “If we are silentit implies we support it because we could benefit from it,” said trustee LesWexner, Limited Brands founder. “I think […]
Ohio Governor Bob Taft and US Senator George Voinovich have talked withstate higher education officials about a plan to pay for collegescholarships with slot machines. The two politicians have been outspokenopponents of casino gambling. Taft has asked the Ohio Board of Regents tostudy the proposal, which will go before voters November Seventh. Slotswould be allowed […]