July 03, 2009
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Colorado Casinos Begin All-Night Gambling - Denver Channel
Casinos in Colorado’s three mountain gambling towns were part of a roughly $7 million campaign to persuade state voters to let them have more games, operating hours and betting limits. Then they spent millions more adding workers and tables to take
Cape looks to gambling licences for revenue - Business Day South Africa
TAKING A CHANCE: The Western Cape is investigating how it can get more money from gambling licences in a bid to source funding. THE Western Cape provincial government was exploring how it could extract more revenue from gambling licences, finance MEC
Gambling scams expose regulation deficiencies - Australian Broadcasting Corp.
Sport is an Australian national obsession, but it seems some con men are taking advantage of that passion for their financial gain. Moreover, some of the firms conducting the scams remain registered as companies long after suspicions first surface
Beijing losing the gambling battle - Asia Times
SHANGHAI - Beijing’s efforts to crack down on gambling by Communist Party and government officials with public funds seem to have made little headway. While longer jail terms and the risk of losing their jobs fail to deter officials from gambling
State’s gambling windfall to pass $1b a year - News.com.au
QUEENSLAND’S growing pokies addiction will help push State Government gambling revenue past $1billion for the first time next financial year. New figures have a revealed a spike in player losses on the pokies, only weeks after the State Budget
Colorado casinos prep for all-night gambling - BusinessWeek
CENTRAL CITY, Colo. It was the ultimate multimillion-dollar bet. Casinos in Colorado’s three mountain gambling towns were part of a roughly $7 million campaign to persuade state voters to let them have more games, operating hours and betting limits
Gambling Issues Could Pop up in 2010 Session - WIBC.com
Indiana lawmakers worried about distractions during the special budget session kept gambling issues from creeping into negotiations. But the push to give racetracks a break and help struggling casinos could surface again this summer and in 2010. The
July 01, 2009
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Team Full Tilt Worries Over Poker eCheck Seizures - Gambling 911
What is contained within the seizure warrants that resulted in over $40 million of online poker funds from Full Tilt Poker and PokerStars being froze? Inquiring minds want to know, but to date the US Attorneys Office out of New York has yet to
Beijing losing the gambling battle - Asia Times
SHANGHAI - Beijing’s efforts to crack down on gambling by Communist Party and government officials with public funds seem to have made little headway. While longer jail terms and the risk of losing their jobs fail to deter officials from gambling
Casinos ready to cash in? - The Denver Daily News
Customers at the Gilpin Casino in Black Hawk are apparently all smiles over being allowed to play craps and roulette. Changes to the Colorado gaming rules that will allow for the additional games, $100 bets and casinos to stay open 24 hours go into
Sound Off - Eagle-Tribune
In reference to Lafayette Square: They can hang all the flowers they want; it’s never going to be different until they do something about fixing the statue that never should have been moved in the first place. They also need to redesign the traffic
Parsing the Health Reform Arguments - Wall Street Journal
The health-care debate continues. We have now heard from nearly all the politicians, experts and interested parties: doctors, drug makers, hospitals, insurance companies, even constitutional lawyers (though not, significantly, from trial lawyers, who
Strickland: Ohio Senate rejects gambling measure - Zanesville Times Recorder
COLUMBUS - Gov. Ted Strickland said Saturday the Republican-controlled Senate rejected his proposal to erase Ohio’s $3.2 billion budget deficit, dealing a strong blow to the already diminishing chances the spending plan would be finished on time. The
NH Budget inked: 950 state workers could lose jobs - Union Leader
CONCORD - The two-year plan raises tax rates on tobacco, rooms and meals and closes business tax loopholes in the interest and dividends tax. It adds a 10 percent tax on gambling winnings, and boosts a variety of fees, including car and boat
June 28, 2009
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News from home - Arizona Daily Star
But last Monday, a coalition representing bars and gambling establishments submitted petitions calling for a public vote. The Secretary of State’s Office checked a random 5 percent sample of the approximately 25,000 signatures on the petitions and
June 27, 2009
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Watchdog Group Says Pa. Gambling Controls Need Cleanup - KYW News radio
A government watchdog group says there’s an apparent connection between contributions made by the gambling industry to elected officials and the expansion of legalized gambling in Pennsylvania. And it says those contributions can create, at the very
Gambling scams expose regulation deficiencies - Australian Broadcasting Corp.
Sport is an Australian national obsession, but it seems some con men are taking advantage of that passion for their financial gain. Moreover, some of the firms conducting the scams remain registered as companies long after suspicions first surface
China bars use of virtual money for real goods trading - China Economic Net
China has unveiled the first official regulation, banning the use of virtual currency in trade of real goods and services to limit its possible impact on the nation’s real financial system. The government also spells out the definition of the virtual
June 25, 2009
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US: State budget crises trigger layoffs, cuts in social programs - World Socialist Web Site
State governments are facing unprecedented budget shortfalls as the fiscal year draws near its June 30 close. In response, governors and state legislatures are slashing social programs and laying-off state workers. Collectively, the states confront a
Google says it’s looking into search interference in China - USA Today
BEIJING (AP) — Internet users in China were unable to access search giant Google Inc .’s main website or its Chinese service, and the company said Thursday it was investigating. The outage came after the China Internet Illegal Information Reporting
Nevada faces a longer recession than most states - News & Review
With little commercial construction going on, government-funded construction is assuming greater importance. This is the construction site for the planned municipal bus depot in downtown Reno. PHOTO BY DENNIS MYERS “There’s nothing more
Casinos’ big payouts - to lawmakers - Philadelphia Daily News
IS BRIBERY legal in Pennsylvania politics? Thanks to the arcane rules that govern campaign donations, it’s nearly impossible to know. But a new Pennsylvania Common Cause study tracking donations from the gaming industry to state lawmakers over the
Watchdogs probe sports betting scams - Brisbane Times
Dozens of sports betting companies are under investigation for allegedly ripping off about $20 million from hundreds of Australians. Authorities are investigating sports arbitrage and sports investment scams that involve gambling on sporting events
State lawmakers go home amid budget confusion - Rockford Register-Star
SPRINGFIELD — Illinois legislators adjourned Wednesday without taking action on the budget, as Gov. Pat Quinn backed away from threats to make painful cuts to social services — deepening confusion about when the state will have a spending plan
Problem gambling carries significant costs to state - Daily Oklahoman
R oger Q. Melson Jr. is only the latest example of what can happen when a person becomes addicted to gambling. Melson was an auditor at the Commissioners of the Land Office, a state agency that manages public lands. The very substantial revenue
Who is correct? - Williamsport Sun-Gazette
It seems our governor wants more tax dollars and he tells us on average it’s only $5 per person per week. That equals $260 a year. The president thinks $250 per person stimulus will revive the economy. Wonder which (if either) is correct. Remember
Is a career in finance a smart move? - USA Today
A: After everything that’s happened on Wall Street the past year, it’s understandable your parents would be less than hot on your plans to go into the finance field. There’s no question there’s truth to what you parents suggest. Wall Street firms
Hazleton woes may become commonplace MARK GUYDISH OPINION - Times-Leader
It’s an epic 12 years in the making, at a cost of millions, with a cast of thousands (of taxpayers). It’s a saga of high rollers gambling on creative financing, of adversity overcome only to discover more adversity. Let’s call it “Law &Order
June 21, 2009
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The Willies - American Reporter
BRADENTON, Fla. — The presidential debate Wednesday night never mentioned the words $2.2 trillion: that’s how much the banks, brokerage and investment houses and insurance companies have so far taken from the American people’s Treasury of the United
Theft a risk if using plastic - Tampa Bay Online
Every time you swipe your credit card and wait for the transaction to be approved, sensitive data, including your name and account number, are ferried from store to bank through computer networks, each step a potential opening for hackers. And though
Group says poker winnings are frozen - Las Vegas Sun
WASHINGTON (AP) — An advocacy group for online poker said Tuesday that the federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players. The Justice
State House Dome: Parties split over $11.6 billion budget - New Hampshire Union Leader
Quite a few taxes and fees go up. The only new tax is the 10 percent tax on gambling winnings of more than $600. The system will be tied to the IRS and casinos all over the country, and hit anyone who lives here or wins here. Sen. Lou D’Allesandro, D
Realties and risks: The world of Internet gambling - Abbotsford News
Internet users in the world already hit one and a half billion persons approximately in July 2008 (Internet World Stats, 2009). The young population, especially those in the developed countries, born after 1990 were brought up in a wired world that a
Money is on rats to help fight gambling addiction - Brisbane Times
PEOPLE are not the only ones who enjoy a bet. Rats have been taught to play the odds, in research that could reveal how the brain controls this addictive behaviour. The risk-taking rodents provide the first animal model for human gambling, and could
Professional sport has sold its soul - Stuff
OPINION: Respected journalist David Walsh made a comment the other day that’s worth considering. Relax, the comment won’t make much difference unless someone invents a time-machine but it deserves a moment of reflection, nonetheless. Walsh, whose
June 19, 2009
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Europe: a market at risk - Financial Times
O n a sweltering afternoon last month, industry ministers and officials from no fewer than 18 of the 27 European Union countries piled into a Brussels conference room to discuss the future of Opel. The meeting showed every sign of being as heated as
King and Darling clash on banks - BBC Business
The Bank of England governor and the chancellor have clashed on what needs to be done to control banks and prevent a repeat of the financial crisis. In his annual Mansion House speech to the City, Mervyn King called for more authority to intervene in
They’ve splashed £136m on Kaka and Ronaldo - where are Real Madrid - Daily Mail
Real Madrid’s £80million bid for Cristiano Ronaldo comes just days after the club paid £56m for Brazilian star Kaka. If Ronaldo joins the Spanish side, he will be the fourth record signing in sterling to move to the Bernabeu. But where does all
June 13, 2009
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Feds Freeze Online Poker Winnings - WXYZ
WASHINGTON (AP) - An advocacy group for online poker said Tuesday that the federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players. The Justice Department
WILLARD: No gusher of money in drilling - Akron Beacon Journal
COLUMBUS: The state, specifically Senate Republicans, want to open as many as 600,000 acres of Ohio parkland to oil and gas drilling. In dire economic times, when the next budget is falling apart before it is even completed, the rationale for the
Social game company Zynga says it’s not planning for IPO - Venturebeat.com
Rumors circulated earlier today that leading social game company Zynga could have an initial public offering within 18 months. Here’s what chief executive Mark Pincus says in response: “Zynga is a young company focused on building great social
Is it in Kentucky’s best interest to have expanded gambling at - Georgetown News-Graphic
” It would be best if the state had enough sense to do away with payroll tax and implement a flat tax for all things purchased. That way the ones buying everthing would have to pay tax equally, not just the working poor loosing money on taxes to pay
Could social gaming run afoul of gambling laws? - Venturebeat.com
A variety of social network gaming applications are making lots of money from virtual goods. But could these services soon find themselves in trouble for allowing gambling — and get slapped with large fines or other punishment? The question matters
June 07, 2009
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Could social gaming run afoul of gambling laws - Venturebeat.com
A variety of social network gaming applications are making lots of money from virtual goods. But could these services soon find themselves in trouble for allowing gambling — and get slapped with large fines or other punishment? The question matters
June 03, 2009
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Group monitors campaign money - Tuscaloosa News
But Michael Ciamarra, the vice president of the Birmingham-based Alabama Policy Institute, a conservative think tank, has another term for it. “It’s D-Day for the ‘Incumbency Protection Racket,’ ” he said Friday as his organization launched
NFL’s Goodell Puts Spin On NFL Company Line Regarding Gambling - Casino Gambling Web
It was the type of comment that one would expect to come out of a politicians mouth. It was not a politician in the broad sense of the word, however, that was making the statement. It was Commissioner Roger Goodell of the National Football League