Gambling News Archives 2002

July 2002


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 »
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."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 confere - 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 »
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 »

August 2002


Budget woes drive states to gambling - 06 August 2002
At least 26 states considering some sort of betting expansionTHE HUNT for an antidote to budget shortfalls that doesn’t require raising taxes has softened resistance to gaming in Maryland, where opposition once ran high, and in New York, Pennsylvania and Kentucky.        It is the chance for s - read more »
Senecas, Pataki sign pact for casinos - 20 August 2002
The Seneca Nation of Indians signed a 14-year pact with New York state Sunday to bring Las Vegas-style casino gambling to Buffalo and Niagara Falls. "It's one of the biggest things the Nation has ever done," Seneca President Cyrus Schindler said. "It will help a lot of our people." The slot-machine casinos could funn - read more »
Detroit Mayor, council extend casino deadline - 01 August 2002
Three casinos must again wait to know their fate in the city. Detroit Mayor Kwame Kilpatrick and the City Council agreed Wednesday to extend by two days the deadline to vote on final casino deals. The council now is expected to vote Friday on the development agreements for permanent locations for MGM Grand Detroit, M - 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 »

September 2002


Internet Ban Bill won’t pass this year - 21 September 2002
The United States House of Representatives appears unlikely to even vote on a bill that would ban Internet gambling, much less pass the measure, before it adjourns for the year in early October. While Representative Jim Leach (R-Iowa) said recently that he was optimistic that a vote would occur, a spokesman for House M - read more »
Software companies feel the pinch - 18 September 2002
The decision by many major banks and credit card companies to ban Online gambling transactions was always going to hurt the industry, and evidence of that came last week when IQ-Ludorum Plc reported a widening of its losses as demand for online gambling waned.The net loss for the online gambling software company widene - read more »
Miss America Gets Her Own Slot Machine in Atlantic City - 09 September 2002
She wants world peace. She believes in educating children. She beckons you seductively to gamble away your hard-earned paycheck while you slurp down free gin and tonics. There she is: Miss America! The 2003 beauty queen will be named on Sept. 21 in Atlantic City. The day before, though, the nearby Harrah's casino will - read more »
Chinese Google Offline Over Gambling Sites? - 14 September 2002
The Google.com search engine resumed operations in China yesterday after a two-week block suspected to have been ordered by the government. When Google and fellow American search engine AltaVista went down, the loss prompted outrage and scrambles to find other foreign search engines or backdoor routes to Google. Chines - read more »

October 2002


Gambling Lawyers Always Win - 11 October 2002
The Press of Atlantic City reports that prosecuting attorneys who “convict those who commit crimes on the casino floors” are a determining factor in how much you win or lose at the slots in any casino here. There are also regulatory attorneys who ensure that the machines themselves are operating properly. And, perhaps - read more »
Sands Casino President Abruptly Resigns - 07 October 2002
Herbert Wolfe abruptly resigned as president of the Sands Casino Hotel on Monday, six event-filled months after being hired. Neither Wolfe nor Sands majority owner Carl Icahn would say why he quit, although executives said there were disputes between the two over control. Wolfe's resignation marks the sixth change i - read more »
Jay Cohen Comments on Net Gambling Law - 09 October 2002
Jay Cohen, one of the founders of the World Sports Exchange (www.wsex.com), is infuriated about the Internet Gambling Funding Prohibition Act, which unanimously passed the House 7-0 last week. "This bill is one more example of certain congressmen trying to advance their right wing social agenda in the name of fighting - read more »
Bankrupt gambler sues casino - 23 October 2002
David N. Williams burned through his life savings at the Casino Aztar, a glitzy new riverboat docked on the banks of the Ohio River here. NOW, HE’S betting on the courts to win his money back.        In an unusual lawsuit filed in federal court here in 2001, Mr. Williams, 52 years old, contend - read more »

November 2002


Internet gambling industry wins key ruling - 27 November 2002
Internet gambling supporters won a major legal victory Thursday when a federal appeals court in Louisiana upheld an earlier dismissal of a class-action lawsuit by people who lost money gambling in Internet casinos.Proponents say the case could help their efforts to legalize Internet wagering nationwide. But the decisio - read more »
Philippines ban on text message gambling - 27 November 2002
The Philippine Government has decided to crack down on text messaging that could be construed as gambling. The Department of Trade and Industry [DTI] has decided to ban text-based promotions found to have gambling elements, ostensibly to protect consumers from being scammed by the companies offering these services. Tex - read more »
Macau mogul shuffles casino holdings - 24 November 2002
Macau gambling tycoon Stanley Ho has sold a 6.5% stake in his former gambling franchise monopoly to his Hong Kong-listed company, Shun Tak Holdings Ltd., to boost its exposure to Macau's casino business. Shares of Shun Tak, the Hong Kong-listed company in which Stanley Ho has a combined 45% stake through direct and ind - read more »
Ten people face charges in gambling - 16 November 2002
A landlord of strip clubs, bars, adult bookstores and other commercial properties across Oklahoma City was accused Friday by prosecutors of being the brains behind an illegal gambling hall that used the Apache Indians as a front. The landlord, attorney Charles Shadid, 73, and nine others were charged Friday in a racket - read more »

December 2002


Corporex floats its own casino plan - 14 December 2002
Corporex Cos., one of Northern Kentucky's most influential corporations, is joining the push to legalize casino gambling in Kentucky with a plan that would funnel one-third of gambling profits back into the community. Corporex Chief Executive Officer William Butler said in an interview he believed legalized gambling is - read more »
Trial on cruise ship gambling begins - 05 December 2002
The former owners of the Palm Beach Princess cruise ship are gambling on a jury to reject claims by the Florida Attorney General's Office that they allowed illegal sports betting in their casino.At stake could be millions of dollars in gambling profits raked in by the passenger ship from October 1995 to December 1998. - read more »
Casino executive: Problem gamblers are not welcome - 28 December 2002
Not all gamblers are welcome at the Mohegan Sun casino.William J. Velardo, president, CEO and general manager of the Mohegan Sun, is also an officer of the National Council on Problem Gambling."I think allowing someone to consume the product when you know the person suffers from a gambling disorder is wrong," Velardo t - read more »
State GOP lawmaker supports gaming on tribal land - 02 December 2002
An influential Republican lawmaker is drafting legislation to allow the state's three Native American tribes to engage in the same sort of gaming activities that federal courts earlier this year declared illegal at the Tiguas' Speaking Rock Casino. "The only thing that we would be doing is recognizing the sovereignty o - read more »