Gambling News Archives 2002

July 2002

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. 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 in - 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 »
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 »
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 »

August 2002

The Vegas Guy: Hollywood Casino/Tunica - 07 August 2002
The Hollywood Casino sits at the end of the road. It's a nice road, four lanes all the way, but of the ten casinos in Tunica -- America's third largest gambling destination after Vegas and Atlantic City -- the Hollywood is the one that has to fight and scrap a little more, and for a simple reason. If you set out fro - read more »
Ads from offshore betting sites against law - 14 August 2002
British Customs & Excise is setting up a specialist division which will focus solely on Internet-related activity. One of its key issues will be to clamp down on offshore betting sites advertising, contravening UK law. According to Jurek Pieliechaty, the betting and gaming manager for the unit, Customs has already take - read more »
Detroit Bets Big on Casinos - 03 August 2002
Mayor Dennis Archer, who championed the casino referendum approved by Michigan voters in 1996, dismisses such concerns, maintaining that lessons have been learned from mistakes of other cities that have embraced legalized gambling — notably Atlantic City and New Orleans.        "I think wh - read more »
Internet Gambling - The Player's Money Machine - 13 August 2002
"Sometimes a machine is hot, red hot. And that's when you make the majority of your winnings. Games on the internet are the same, when they're hot, they're hot. And that's they only way to explain it ... " At least that is how internet gaming analyst Will Valentine explains the phenomenal $400,000 in combined mega-ja - read more »

September 2002

Arena plans casino at Midlands racetrack - 05 September 2002
Arena Leisure, the racecourse operator with a one-third share of the attheraces media business, yesterday said it was in "advanced negotiations" to build a casino at its Wolverhampton track. Arena is talking to casino operators Gala, Rank and Stanley Leisure, over a development which would mark a first for the UK's rac - read more »
Problem gambling boss suspended - 23 September 2002
A man who helped others fight their gambling addiction has been suspended while his own spending is investigated. Reformed gambler Ralph Gerdelan is under investigation by auditors called in to probe bills run up on the Problem Gambling Foundation's credit cards. Gerdelan has been with the foundation for more than 10 y - read more »
Casinos defying slump - 08 September 2002
Wall Street is bullish on the prospects for two of the Coast's biggest casino players. A recent report from Deutsche Bank lists MGM Mirage, the parent company of Beau Rivage, as a "strong buy," and Park Place Entertainment, the parent of Grand Casinos Biloxi and Gulfport, is listed as "buy." Other major casino companie - read more »
Experts: Legal Internet Gaming Doesn't Look Likely in Near Term - 19 September 2002
While high-tech gaming advocates say a U.S. Justice Department advisory opinion against Internet gambling represents a significant setback for the industry, they're not ready to give up efforts to someday make cybercasinos legal in the United States. However, prominent Las Vegas gaming attorney Anthony Cabot indicated - read more »

October 2002

Direct Bank Transfer Best New Payment Option - 02 October 2002
Direct Bank Transfer has been voted the most pain-free withdrawal method by BoDog, the only sports book and casino to offer the service. 'The only way to really tell how well something works is by talking to the people who use it on a regular basis,' said Rob Gillespie, Operations Manager. 'Our players responded unanim - read more »
Gambling on the best investment - 21 October 2002
You know the stock market is unpredictable when you ask your financial adviser where to invest your $1,000 and he tells you to play the SuperLotto. Obviously, that's the last advice a stock broker or financial planner would give. But the reality is that the stock market has always been a gamble, and never more so than - read more »
Cruisin' the casinos - 11 October 2002
Cruisin' the Coast was started in 1996 with a $500,000 contribution from casinos. While gambling halls don't spend as much directly anymore, the classic car event is still a major event for them."We've always had casino partners and they don't get the credit they deserve," said Chevis Swetman, chairman of Cruisin' the - read more »
Harrah's Profit Up, Atlantic City a Boost - 23 October 2002
Casino operator Harrah's Entertainment Inc. (HET) on Tuesday posted a 63 percent rise in quarterly earnings over a weak period a year ago, as its Atlantic City properties and acquisitions chipped in to the improved results. Las Vegas, Nevada-based Harrah's, one of three casino operators that lead the sector by revenue, - read more »

November 2002

South Korea Relaxes Casino Restrictions - 06 November 2002
South Korea's tightly controlled gambling industry will take a step towards respectability today when shares in Paradise, one of the country's few casino operators, begin trading in Seoul. Gambling has long been frowned upon in South Korea but the industry has grown rapidly in recent years as regulations have gradually - read more »
Beware gambling scam - 20 November 2002
Here we go again. Another lottery scam appears to be in the works.Let's "save" Florida's public schools by opening up the door to gambling. Let's make sure our kids have the small class sizes they need by allowing their parents and grandparents to blow their paychecks and Social Security checks at video lottery termina - read more »
Sportingbet embraces new US gambling laws - 22 November 2002
Sportingbet claims to be delighted with new American legislation aimed at regulating the online gambling industry. The proposed bill, introduced in the US Congress, recognises the ineffectiveness of previous attempts at restricting the inherently international nature of online betting. The legislation will focus on est - read more »
Online Gaming Stopped at Station - 24 November 2002
Las Vegas neighbourhood casino operator Station Casinos Inc. -- one of the gaming industry's most aggressive proponents of Internet gambling -- has put its online wagering initiatives on hold due to their uncertain legal status. The initiatives were undertaken by GameCast Live LLC, a Station Casinos subsidiary launched - read more »

December 2002

Proper Englishman Sought in Colorado Casino Scam - 24 December 2002
Graham Gill is the perfect English gentleman - except he's a con man who has stolen millions of dollars over the past 25 years, officials say. Gill, 71, is wanted in Colorado for allegedly masterminding a scheme to bilk investors in a casino that never was built. He was indicted in October on racketeering charges stemm - read more »
6th Annual Multi-Player Blackjack Tournament - 20 December 2002
Omni casinos holiday contest returns for the sixth year. '21 Days of Christmas Multi-Player Blackjack Tournament' offers players the chance to win cash, luxury vacations and many other prizes.21 Days is one of the Internet's most popular online casino contests of the holiday season. On top of any regular winnings made - read more »
Teens caught in school gambling ring - 12 December 2002
Administrators at Springman Middle School have uncovered a gambling ring students allegedly ran for about a month over the Internet at home, on the phone and at school, officials said. The bets - believed to all have been on professional sports - ranged from $2 to $10, and involved as many as 25 students, Brett Clark, - read more »
Harrods to reopen its online gaming casino - 09 December 2002
Harrods is poised to reopen its online casino. Top people will be able to play blackjack, roulette, baccarat and take their chances on the slot machines over the internet in the new year. Harrods had to close the casino last month when the agreement with its gambling software platform provider ended. Without appropria - read more »