« Year 2002 Summary

Vegas Goes Cold on Internet Gambling - 31 July 2002
Las Vegas has turned cold on internet gambling. The latest move by the Nevada board to get tough on offshore sports books and casino operators is being back by the big land-based casinos, who say they must respect the law.'If a 16-year-old gambles away his family's income from a state where public policy flat out forbi - read more »

Cashed up adult.com looking at casinos.com - 31 July 2002
Perth online porn broker Adultshop.com will enter the realms of Internet gambling and dating services as the cashed-up company goes on the hunt for acquisitions in the next six months. Further expansion of its Today's Success online 'adult entertainment' business has kept the cash registers ringing for Adultshop, which - read more »

Dockside gambling OK'd for seven Indiana riverboats - 31 July 2002
The Indiana Gaming Commission gave approval Monday for seven riverboat casinos to offer dockside gambling starting Thursday.P> But the commission punished three other casinos for disobeying a directive to restrict advertising about the start of dockside gambling before the commission's approval.P> Those boats -- Harr - read more »

Regulators OK private salon for high-rollers - 27 July 2002
MGM Grand hotel-casino on the Las Vegas Strip will be the first in the state to offer wealthy gamblers the chance to place their bets in private.P> The Nevada Gaming Commission on Thursday unanimously approved an application for Nevada's first private gambling salon for high-rollers since the state legalized gambling - read more »

Mohegan Tribe Plans To Invest In Other Casinos - 27 July 2002
The Mohegan Tribe, flush from its recent hotel and casino expansion, is looking for other Indian casinos to invest in around the country.BR>BR>"We have had a search on for the last year, looking for opportunities we would like to get involved with," said Thomas Acevedo, chief of staff for the tribe. He spoke during a c - read more »

UK government calls gambling reform “a safe bet” - 26 July 2002
The UK government is putting a positive spin on its package of gambling reforms, which are being touted as a means of economic regeneration for UK resort towns. New changes to gambling regulations will allow a new $3,134,650 (£2 million) maximum jackpot in Bingo, and Las Vegas-style live entertainment in casinos. In - read more »

CryptoLogic realigns regulatory compliance team; chief operating officer resigns - 25 July 2002
Internet gambling company CryptoLogic Inc., which has been trying to get U.S. banks to accept the use of credit cards for gambling on the Web, has named two lawyers to its regulatory compliance team.  The company also announced Tuesday that its chief operating officer is resigning, barely more than a week after th - read more »

Chinese Immigrants Rely on Free Casino Cash - 25 July 2002
New Jersey casinos here follow an old tradition of giving away money to make more money. The casinos did not count on people like Linda Zhang, the New York Times reports. A fragile little woman of 60, Miss Zhang lives in a $10-a-night hostel in Queens. Every day she comes by bus to the Trump Taj Mahal. The casino give - read more »

Siemens launches “live betting” for mobiles - 23 July 2002
Siemens Mobile has added the option of “live betting” to its mobile data services portfolio, via their m.traction technology. M.traction is a platform for mobile network companies to build platforms for mobile gambling and other applications. The press release claims that traditionally, bets could only be placed before - read more »

Democrats at odds on casino - 21 July 2002
Democrats in Bridgeport seemed to be in revolt against their party last week. Anti-casino politicians, including Democratic gubernatorial candidate Bill Curry, should be punished at the polls, they said at a pro-gaming rally Wednesday.Democratic President Pro Tem of the Bridgeport City Council James Holloway took on Cu - read more »

Brits line up to open casinos - 20 July 2002
Two more British resorts have joined the clamour to open casinos predicting the relaxing of gambling laws.They are the latest in a string of news reports about ‘Vegas arriving' in British cities.Stanley Leisure's biggest casino is to be built in Birmingham, according to icbirmingham news website.Clacton, an English sea - read more »

Bibb DA seeks to destroy video gambling machines - 19 July 2002
Bibb County District Attorney Howard Simms filed a motion Wednesday to destroy the 620 video-gambling machines seized earlier this month in a downtown warehouse.The motion alleges saving the machines as evidence would be unwieldy, and prosecutors instead plan to photograph and videotape the machines as they sit in stor - read more »

Gaming firms to put money on spread bets - 19 July 2002
ZETTERS, the pools and gaming giant, wants people who are wary of investing in volatile markets to trade in virtual stocks and shares by offering free training in spread betting. And Finspreads, Zetters' financial gambling subsidiary, will let people from across the class divide take a punt with 1p bets on the internet - read more »

World Gaming plc: Top I-gaming Executive Brings Stability and Experience to Chief Executive Position - 19 July 2002
World Gaming plc (OTC BB: WGMGY - News), a global provider of I-gaming software and services, has announced the appointment of David Craven to the position of Chief Executive Officer, bringing stability and experience to the company's top position. Mr. Jim MacKay who held the position on an interim basis stepped down t - read more »

Acoustic problems delay floating casino - 19 July 2002
The arrival of Austrian businessman Martin Schlaf's Jericho-style gambling ship to Eilat again has been postponed to an undetermined date. The ship, which is slated to operate an Oasis-style casino, had been scheduled to arrive this month.Until the outbreak of the Palestinian uprising, the Austrian-owned Oasis casino o - read more »

Military Credit Cards Used for Gambling, Escorts - 18 July 2002
As reported by the Los Angeles Daily News: “Army personnel used their government travel cards on strip club outings, female escorts, Internet gambling and other personal pleasures while racking up millions of dollars in unpaid debts, Congress was told Wednesday. "'Where are the master sergeants? Where are the people w - read more »

Mega Millions Ticket Sold in New Jersey Hits Jackpot - 18 July 2002
Somewhere there is a Mega Millions ticket that contains the numbers 10,24,35,49,52, and the Gold Mega Ball number 47. That ticket may be in someone's wallet, or lying on a dresser or tossed in a car's glove compartment. Hopefully that ticket is in a safe place, because it is worth an estimated $165 million.li>(Photo: - read more »

More than 50 Million U.S. Adults Make Casino Gambling Entertainment Choice - 18 July 2002
A survey released today sheds new light on the more than 50 million Americans who visited a casino last year, revealing significant differences between gamblers and non-gamblers. The survey highlights distinctions between the two groups on issues as disparate as retirement investing and leisure time activities. Profile - read more »

Aussies gambled away $13.8b last year - 17 July 2002
Australians spent $13.8 billion on pokies, Lotto, the horses and other forms of organised gambling last financial year, figures issued yesterday showed.On average, each Australian adult gambled $944 in 2000-1, up 21 per cent since 1997-8, the Australian Bureau of Statistics said.Pokies and gaming machines accounted for - read more »

NC Senate again pushing video poker ban - 16 July 2002
After failing two years ago, state Senate leaders are again trying to ban video poker machines throughout most of North Carolina.And now they have a federal court ruling which they believe supports their authority to do so.With no dissent, the Senate Finance Committee recommended approval of a bill Wednesday that would - read more »

Credit Card Ban on Net Casinos Can’t Squelch Player’s Fun - 16 July 2002
Gamblers are turning to seasoned online casinos as they are put under pressure by credit-card firms who are now denying their online gaming purchases. Large online casino operators are responding to players' concerns by increasing accepted payment methods, and hedging operations against these latest credit-card develop - read more »

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