March 29 2001
Gambling still controversial
Control board member discusses state of casinos
Don't be fooled by the rapid spread of legalized gambling in the United States during the past 25 years, a Nevada Gaming Control Board member observed Monday.
Click Here For Full Story

March 20 2001
Your Local Pool is Breaking the Law
If you've wagered your money on the NCAA tournament, you've probably broken the law -- but you're not alone. Betting in local pools is illegal, and gambling on college sports like the NCAA tournament is also against the law everywhere in the U.S. except Nevada.
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March 19 2001
Slot Machine Maker To Buy Competitor
The Mississippi Gaming Commission gave approval for International Gaming Technology to buy up a competitor, Silicon Systems, for $45 million during the regulatory board's monthly meeting here Thursday.
Click Here For Full Story

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March 29 2001
Gaming Industry Observer' Partners with Global Gaming Expo as an Official Media Voice
NORWALK, Conn.- Global Gaming Expo (G2E) announced today that "Michael Pollock's Gaming Industry Observer" has signed on as an official G2E publication. Published in Atlantic City, NJ, the newsletter tracks and interprets casino industry trends, analyzes new gaming technologies, and studies the implications of pending industry regulations. "Gaming Industry Observer" is read by casino managers, suppliers, attorneys, regulators, financial analysts and other high-level industry influentials.
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March 29 2001
$1.1m fine for online gambling rebels
THE nation's Internet casinos and gambling shops face fines of up to $1.1 million a day if they allow Australians to bet with them. And their directors and chief executives will be slugged with fines of up to $220,000 a day under a cyber-betting crackdown.
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March 29 2001
Gambling on Net faces local ban
Australian companies would be prevented from offering any online gambling services to local residents but could target people overseas under a selective ban proposed by the Federal Government
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March 27 2001
Casino says high-rollers have taken it to the cleaners
They jetted in from around the globe to drink champagne, eat caviar and spend the night at the roulette wheels and cards tables. They are the men who have cost an exclusive London casino a cool £4.5m.
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March 21 2001
Union Wants Metal Detectors in Casinos
The Liquor, Hospitality and Miscellaneous Workers Union (LHMU) in Australia wants state governments to pass legislation requiring casinos to have metal detectors.
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March 21 2001
Seoul drags feet on Hyundai's casino plan
Still hurting over the controversial inter-Korean tourism business, the government shelved its decision once again yesterday on the Hyundai Group's request to run a casino nearby Mt. Kumgang in North Korea to make up for the snowballing losses.
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March 21 2001
Penghu residents not too sure about casinos
The debate over opening the county to casino gambling has risen to a fever-pitch as of late, with those favoring the plan appearing to hold sway.
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March 21 2001
India Floats a Casino
The first casino license in India, a country with over one billion inhabitants, has been issued to Casinos Austria International. The company, which has been involved in cruise ships since 1981, has permission to operate a casino on board the Caravela in the waters off the province of Goa.
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March 20 2001
Hong Kong Debates Plan to Legalize Football Gambling
The heated debate about the morality of gambling has resurfaced with the government decriminalizing football betting. It is also seeking to amend the current gambling law to curb illicit forms of betting, including illegal bookies, extra-territorial betting and online gambling, which has been spreading in Hong Kong in recent years.
Click Here For Full Story

March 20 2001
Your Local Pool is Breaking the Law
If you've wagered your money on the NCAA tournament, you've probably broken the law -- but you're not alone. Betting in local pools is illegal, and gambling on college sports like the NCAA tournament is also against the law everywhere in the U.S. except Nevada.
Click Here For Full Story

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March 31 2001
Nevada Casino Operator Buys Atlantic City Casino-Hotel
Colony Capital LLC won regulatory approval Wednesday to buy Resorts Atlantic City for $140 million.
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March 29 2001
Gambling still controversial
Control board member discusses state of casinos
Don't be fooled by the rapid spread of legalized gambling in the United States during the past 25 years, a Nevada Gaming Control Board member observed Monday.
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March 28 2001
Catskills Casino Application Filed
Park Place Entertainment and the St. Regis Mohawk Indians filed an application Friday, asking permission from the federal Bureau of Indian Affairs to construct a casino resort in the Catskills.
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March 26 2001
Las Vegas Casino Employees Testify in Trial of New Jersey Financier
The Mirage casino in Las Vegas pays hawk-like attention to high-rolling customers like Robert E. Brennan, making it unlikely that Brennan could have won more than $500,000 in a weekend without anyone noticing, casino employees testified yesterday.
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March 24 2001
Atlantic City high roller banned from casinos
Taylor Breton, reportedly the biggest gambler in the entire United States, has been banned from Atlantic City casinos by the Casino Control Commission, citing alleged mob ties to the Gambino crime family.
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March 21 2001
Judge approves of Casino bailout plan
With a bill to bail out Harrah's New Orleans Casino heading toward final legislative approval, a federal bankruptcy judge confirmed a sweeping reorganization plan Monday for the financially ailing gambling hall.
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March 20 2001
Your Local Pool is Breaking the Law
If you've wagered your money on the NCAA tournament, you've probably broken the law -- but you're not alone. Betting in local pools is illegal, and gambling on college sports like the NCAA tournament is also against the law everywhere in the U.S. except Nevada.
Click Here For Full Story

March 16 2001
Man is One Coin Short of $7.9 Jackpot
Kirk Tolman of Utah missed out on a $7.9 million jackpot because he inserted only two coins into a Megabucks slot machine instead of the required three.
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March 16 2001
82-Year-Old Woman Wins $1.5 Million Jackpot
A $1.5 million progressive slot machine jackpot at the Showboat Casino-Hotel in Atlantic City raised a few concerns for the grandmotherly 82-year-old winner Monday. Employees got the winner to sign a release that would allow the casino to use her name and photo for promotional purposes, but she had second thoughts. Susan Tulino, director of public relations, said, "She was concerned her neighbors would find out she was now a multimillionaire."
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March 14 2001
gambling addicts ban themselves from casinos
Problem gamblers are one step away from having state help to keep them out of Atlantic City casinos. A new bill has been passed that would let gamblers put themselves on a list of people banned from casinos, a list that includes mostly mobsters and card-counters.
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March 13 2001
Gambling Revenue in Connecticut on the Rise
Gambling in Connecticut now generates the third largest source of state revenue, outpacing corporate income tax revenue. Money raised from legalized gambling totals $595 million. Revenue from the corporate income tax, which has declined as a portion of corporate income, is $580 million. Most of the gambling revenue is from two sources: $253.7 million from the state lottery and $335 million from Mohegan Sun and Foxwoods. The tribes give the state 25 percent of slot machine revenue. Part of the reason corporate income revenue has declined is because the rate has been reduced from 11.5 percent of income in 1995 to 7.5 percent last year. In addition, gambling revenue could increase significantly this fall when Mohegan Sun doubles the number of its slot machines, from 3,000 to 6,000, as part of a $960 million expansion.

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March 29 2001
A-Game.com Reports NCAA Media Partner CBS Points Kids to Illegal Gambling
During its broadcasts of the NCAA Basketball Tournament, CBS repeatedly points viewers to CBS.Sportsline.com, in which it has a 20% ownership stake. CBS.Sportsline.com is offering a free "Bracket Pool Manager," a sophisticated software application which streamlines the administration of NCAA Basketball Tournament pools.
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March 26 2001
Casino Officially Opens
Though local gamblers have witnessed the makeover step by step for months now, the remodeled Isle of Capri Casino on the riverfront officially was opened Friday.
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March 23 2001
Louisiana House Approves Harrah's Bail Out
When the Louisiana House voted Wednesday to approve a new deal for the troubled Harrah's New Orleans Casino. Harrah's officials had claimed that without a new deal, they would have been forced to shut down the casino on March 31.
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March 23 2001
Mississippi Governor to Address Gamming Summit
Mississippi Governor Ronnie Musgrove joins a diverse and impressive lineup of speakers at the upcoming 8th Annual Southern Gaming Summit, May 9 and 10 in Biloxi. Gov. Musgrove will speak on May 9.
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March 22 2001
Online Casino files Chapter 11
Leisure Time Casinos & Resorts, Inc. (LTCR) announced today that on Friday March 16, 2001 it filed with the United States Bankruptcy Court, Northern District of Georgia, Atlanta Division to seek protection under the chapter 11 of the bankruptcy code. Leisure Time Technology, Inc. (LTT) a wholly owned subsidiary of LTCR has also filed for chapter 11 protection.
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March 20 2001
Your Local Pool is Breaking the Law
If you've wagered your money on the NCAA tournament, you've probably broken the law -- but you're not alone. Betting in local pools is illegal, and gambling on college sports like the NCAA tournament is also against the law everywhere in the U.S. except Nevada.
Click Here For Full Story

March 19 2001
Contract To Save New Orleans Casino Has Problems
The latest proposed contract designed to save the casino in New Orleans has provisions that could wind up costing the state and hurting other New Orleans businesses, according to a newspaper's analysis.
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March 13 2001
Casinos Foster Growth on Mississippi Coast
Experts believe that the casino industry is one of the main reasons that population of the Mississippi Gulf Coast has increased 17 percent in the last ten years.
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March 12 2001
Board OKs tax break for Harrah’s
Board unanimously approved a new contract to lower the casino’s tax
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March 12 2001
Australian Internet Casinos Approve Tough Rules
As reported by Excite Australia: “Casino operators have given the tick of approval to tough new rules for on-line gaming in a last-ditch bid to convince the government a total ban on the industry is unnecessary. State gaming regulators co-operated with the Northern Territory to draft a uniform set of interactive gambling rules, which have been circulated to other state governments for comment.
The government's 12-month freeze on new Internet gaming operations, that forced four Australian companies to abandon their on-line services, is due to expire on May 19. The new rules would make sure Internet operators: Are subject to the same licensing conditions as other gaming companies; Use software that can be easily audited, logs transactions, is secure and passes an independent test; Ask clients' permission before passing on personal information; Check proof of ID before allowing a player to register; Ban children and credit betting; Allow gamblers to ban themselves for at least seven days and enforce a permanent ban across all states after three self-exclusions

March 03 2001 Missouri Bill Would Impose Riverboat Cap Proposed legislation in Missouri, SB546, would cap the number of riverboat gaming licenses at 15 and impose other significant changes in gaming regulation. Missouri has already issued 12 licenses. If licenses are granted to the three other proposals now being investigated, the number would reach the limit specified by the bill. "I don't think we need any more boats in this state," says the bill's main sponsor, Senate Majority Leader Bill Kenney. "I don't think gaming does anything for the state of Missouri. I don't think it's an overall plus. There are tremendous social costs." Click Here For Full Story

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March 07 2001
The Borgata's Name Surprises Many
The Borgata is the name of the $1 billion casino-hotel being built in Atlantic City by Boyd Gaming and MGM Mirage; but surprisingly enough, "borgata" is also a widely-accepted mob term meaning "crime family." The name chosen for the new resort is remarkable, given that today's casino industry is sensitive to mob connotations.
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March 05 2001
Connecticut Tribe Expresses Concern about Gaming Regulations
The proposals would require Indian tribes to comply with environmental, health and safety regulations outside tribal provisions, and establish the minimum internal controls, called MICS, at their casinos.
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March 31 2001
Nevada Casino Operator Buys Atlantic City Casino-Hotel
Colony Capital LLC won regulatory approval Wednesday to buy Resorts Atlantic City for $140 million.
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March 31 2001
POINTS FOR PERKS IN VEGAS
In "The Frugal Gambler" (1998), Jean Scott, otherwise known in Las Vegas as the Queen of Comps, shares some of her secrets "for living the champagne life on a peanut-butter-and-jelly budget." Jean says, "Comps is the name of the game. You can get a free room. You can get a limo ride to and from the airport. You will get invited to parties, where they have big bands and fancy food and take your pictures."
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March 31 2001
Energy Crises Threatens Casinos
Rising energy costs threaten Las Vegas casinos that depend on glittering marquees and blinking gaming machines to dazzle tourists. The amount of electricity used by a megaresort with 3,000 rooms would power about 9,000 three-bedroom homes.
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March 30 2001
API Gaming Announces the Addition of Former Head of Nevada Enforcement To Launch Its Nevada-Based Presence
GREEN BAY, Wis.,  - API Gaming, a leading provider of security and other consulting services to the gaming industry, today announced the addition of Mr. Ron Asher to its roster of senior-level consultants.
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March 30 2001
Gaming Policy Vote
Station Casinos, Inc. ("Station" or "the Company") (NYSE: STN) today announced that the Review Panel of the Nevada Gaming Policy Committee voted 3-2 to overturn a decision by the North Las Vegas City Council approving a gaming enterprise district at the intersection of Craig Road and Commerce Street in North Las Vegas.
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March 29 2001
Gambling still controversial
Control board member discusses state of casinos
Don't be fooled by the rapid spread of legalized gambling in the United States during the past 25 years, a Nevada Gaming Control Board member observed Monday.
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March 29 2001
Alliance Gaming Upgrades Earnings Outlook, New Game Approvals, And Sets Third Quarter Release Date
LAS VEGAS - Alliance Gaming Corp. (Nasdaq: ALLY) today announced that earnings for the quarter ended March 31, 2001 are expected to approximate $.60 per diluted share. Additionally, the Company has updated its earnings estimate for fiscal year ending June 30, 2001 to $2.00 per share.
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March 28 2001
Casino Journal Reports 2000 Results
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March 28 2001
Gaming Law Masters Forum April 5
William R. Kisby, vice president of gaming and e-commerce for the National Fraud Center, Inc., will be one of the featured panelists speaking at the Gaming Law Masters Forum April 5 at the International Gaming Institute on the University of Nevada Las Vegas campus.
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March 27 2001
Vegas set to weather economic downturn
Las Vegas developers say they're cautiously optimistic that they won't be hurt if the national economic slowdown hits Las Vegas
Full Story

March 27 2001
Tiger kills animal trainer
A Bengal tiger being prepared for an advertising photography shoot killed one of his trainers and injured his owner Sunday night in a swift attack  ... 
Full Story

March 27 2001
Steve Martin To Show Art 
Steve Martin? Fine art? Las Vegas? As Martin might say, "Well, excuuuuuuuse me!"
Steve shows his collection of modern and contemporary art at the Bellagio. 
Full Story

March 24 2001
Connecticut Tribe Looking at Sites for Casino
The Eastern Pequot Indian tribe, anticipating federal recognition, is looking at 15 sites in Connecticut that could serve as home for a third Indian casino.
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March 24 2001
Park Place Seeks Federal Approval for Resort
After partnering with the St. Regis Mohawks on a proposed casino in Monticello, Park Place Entertainment intends to seek federal approval for a $700 million project at the Kutsher's Resort Hotel and Country Club.
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March 23 2001
Frank Fahrenkopf to be Honored At Mid-Atlantic Gaming Congress
Officials of the Mid-Atlantic Gaming Congress today announced that Frank Fahrenkopf, President and CEO of the American Gaming Association, will receive the Fleet National Bank Career Contribution award at the event's Keynote Luncheon.
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March 20 2001
Your Local Pool is Breaking the Law
If you've wagered your money on the NCAA tournament, you've probably broken the law -- but you're not alone. Betting in local pools is illegal, and gambling on college sports like the NCAA tournament is also against the law everywhere in the U.S. except Nevada.
Click Here For Full Story

March 19 2001
Nave Elected to Station Casinos Board of Directors
Officials of Station Casinos, Inc. (NYSE: STN) ("Station" or "the Company") today announced the election of James E. Nave, D.V.M. as a member of its board of directors at its March 14 board meeting in Las Vegas. Dr. Nave replaces Richard J. Heckmann.

March 19 2001
Casinos try to conserve
The Nevada Resort Association is setting up committees in Las Vegas and Reno to expand efforts by casinos lower electricity use by 20 percent as the power crisis spreads across the west.
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March 16 2001
Man is One Coin Short of $7.9 Jackpot
Kirk Tolman of Utah missed out on a $7.9 million jackpot because he inserted only two coins into a Megabucks slot machine instead of the required three.
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March 16 2001
Bally's Accused
The state Gaming Control Board filed a complaint against Bally's Las Vegas, accusing the Strip casino of violating regulations aimed at stopping money laundering.
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March 16 2001
donations to kill betting ban
The gambling industry lavished money on both political parties last year in a successful effort to block legislation that would ban betting on college sports.
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March 15 2001
Betting By the Book
On the eve of March Madness, a new book about professional gambling might be instructive
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March 15 2001
Casino Employees Indicted for Tax Fraud
The former controller and three former dealers from the Virgin River Hotel in Mesquite have been indicted on charges they understated the amount of tips the casino was receiving.
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March 15 2001
Gambling Youth
In 2000, 63% of young people who had ever played a video game online either alone or against other people were boys between the ages of 12 and 17.
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March 14 2001
Gaming Industry Signs Up Wayne Newton
The American Gaming Association (AGA) has created a new citizens group, Americans for Casino Entertainment (ACE), to promote the interests of the U.S. gaming industry. Popular entertainer Wayne Newton, known as Mr. Las Vegas, has agreed to become the honorary chairman of the new organization.
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March 14 2001
Sam's Town is Las Vegas' New Hot Area
In the wake of an $86-million expansion and renovation, Sam's Town enters the new millennium with such a new look and feel that it is very likely going to become the place Las Vegas visitors will go back home to tell their friends about.Sam's town is bigger, better but still is a place where the "locals bring their friends".

March 14 2001
High-Roller Hides Casino Winnings From Bankruptcy courts
Since Tuesday, prosecutors have been laying out charges that Brennan, hid a half-million dollars' worth of casino chips from the bankruptcy courts .
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March 14 2001
Unionizing Casino Dealers is Ineffective
In a five month campaign to unionize Las Vegas table dealers has been largely unsuccessful; some say because it started at the major casinos first. Elections were held at eleven casinos in the last three months, but dealers voted against unionization nine times.
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March 13 2001
Casino May be Sued Over Rape
The Utah Court of Appeals has ruled that a woman who was raped while intoxicated may sue the Stateline Hotel Casino & Resort for negligence.
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March 10, 2001
Internet gambling bill introduced
CARSON CITY -- Saying Nevada should lead the way in the Internet gambling revolution, Assemblywoman Merle Berman introduced a bill Wednesday to allow state gaming regulators to govern interactive gaming.
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March 07 2001
Tribes surpass Nevada in winnings with riverboats overtaking soon
The Nevada casino industry lost its position last year as the top revenue producing gaming market in the country being replaced by tribal casinos. That trend is expected to continue this year, as the U.S. riverboat market surpasses Nevada's projected 2001 casino win figure, according to projections released Friday by the investment banking firm of Merrill Lynch.
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March 07 2001
The Borgata's Name Surprises Many
The Borgata is the name of the $1 billion casino-hotel being built in Atlantic City by Boyd Gaming and MGM Mirage; but surprisingly enough, "borgata" is also a widely-accepted mob term meaning "crime family." The name chosen for the new resort is remarkable, given that today's casino industry is sensitive to mob connotations.
Click Here For Full Story

March 03 2001
Bill Would Mandate Non-Smoking in Nevada Casinos
Health officials and anti-smoking groups debated with the gaming industry yesterday over a bill that would mandate the creation of non-smoking sections in casino gambling areas. Larry Matheis, executive director of the Nevada State Medical Association, urged the Assembly Judiciary Committee to use Assembly Bill 159 to deal with the issue of second-hand tobacco smoke: "We have the worst numbers in the country on tobacco use by our residents and tobacco illnesses related to it."
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March 03 2001
Poker Machines to be Removed in Australian Problem Gambling Areas
More than 400 poker machines will be removed from areas where people are most at risk of problem gambling under plans unveiled by the Australian Government.
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March 02 2001
Casino Regulator Questions Harrah's Joliet Expansion Plans
Too open to view? Gambling should not be visible from outside floor, says Illinois regulator.
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March 02 2001
Horseshoe finishes strong year
Horseshoe Gaming Holding Corp., the Joliet-based company that owns the Empress riverboat casinos in Joliet and Hammond, Ind., reported strong year-end earnings, but its fourth quarter results were marred by bad weather, construction delays and increased competition.
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March 01 2001
Wisconsin Greyhound Park Excludes Tribal Casino Plans
A Casino at the Fox Valley Greyhound Park may never have been in the cards.
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March 01 2001
Aladdin eyeing refinancing, re-capitalization plans
Burdened by a heavy debt load, the $1.2 billion Aladdin resort on the Las Vegas Strip needs additional cash as it makes its way through a tough start-up period.
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March 01 2001
Missouri Senate Proposal Would Split State Gaming Commission
A plan to split the Missouri Gaming Commission into two agencies has been introduced in the Missouri Senate. The measure would also create the crime of "gaming corruption," would cap the number of Missouri casinos at 15 and would limit each riverboat to no more than 3,500 slot machines.
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March 01 2001
Gaming people
Find out all the recent gaming industry appointments.
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March 19 2001
Atronic Premiere Appearance at Gaming Summit
Atronic announces its premiere appearance at the 5th Annual Canadian Gaming Summit and Exposition, which will be held on March 21-22, 2001 at the Toronto Congress Center. With the renowned IC Money game beta placement nearing completion as well as many other new games in the lab submission pipeline, Atronic will reveal to the Canadian market the latest in Atronic's Cashline game series.
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March 13, 2001
Britain shifts taxes on online gambling to boost industry
LONDON -- The Treasury is not giving odds, but the betting is heavy that a change in Britain's taxation of online gambling will give it a global lead in a market worth tens of billions of dollars.
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March 17 2001
Casino Opens on Boat in Goa
Until recently, India, a country with over one billion inhabitants did not have a single casino. The nearest casino is in Kathmandu, the capital of Nepal. The first Indian casino license has now been issued to Casinos Austria International.
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March 16 2001
Slot Player Settles Over ''Jackpots''
A Canadian woman has settled with B.C. Lottery Corp. after the company disputed her claim of winning $30,000 at a slot machine.
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March 15 2001
Loan Sharks Working Out of Toronto Casino Charged Hefty Annual Interest
A loan shark gang pleaded guilty to charging interest rates that could have reached billions of percent a year at a Toronto Casino.
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March 14 2001
Gambling, if you can't beet them legalize them
Minister of the Interior Chang Po-ya, in front of TV cameras, said that in the US, only Las Vegas has casinos. How mistaken could she be? Nevada has not been the only state with casinos for a very long time.
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March 14 2001
Net Casinos Implement New Rules To Avoid Ban
Casino operators have approved to tough new rules for on-line gaming in a last-ditch bid to convince the government a total ban on the industry is unnecessary.
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March 12 2001
Internet Gambling Symposium Will Be Held in Dublin
The Fifth Annual International Symposium on Internet Gambling Law and Management will be held Nov. 25-27, 2001 at the Shelbourne hotel in Dublin, Ireland.
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March 12 2001
Taiwan Considers Casino Plan
Taiwan's stock market and underground bookies could soon face a potent rival for the loyalties of local punters under a plan for an offshore casino.
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March 12 2001
Casino Continues International Push, Eyes New Countries
French retailer Casino Guichard Perrachon (F.CGD) is continuing its international push, with plans for new store openings in Poland, Venezuela and Brazil as well as entry into new markets.
Chief Executive Christian Couvreux said Wednesday that the group wants to both increase its market shares in countries where it already operates and to continue expanding into new countries.
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March 12 2001
Presidential Office Denies Chen Made Promise Regarding Casinos
The Presidential Office stated on Thursday that President Chen Shui-bian never made any promises to a U.S. firm concerning the establishment of casinos on Taiwan's offshore Penghu Islands.
Click Here For Full Story

March 09 2001
Patent Case Shuts Down Online Casino
In a patent case that could affect how business is conducted on the Internet, a U.S. district judge has ordered an online casino in the Caribbean to stop offering wagering on live games of chance because the activity infringes on the intellectual property of a Nevada company, MSNBC learned Friday.
Click Here For Full Story

March 09 2001
New Company Focuses on Problem Gambling Detection
The Financial Secretary in Hong Kong has announced that soccer gambling will almost certainly be legalized which is quite a profound step in these parts and also makes explicit a paradox in the Hong Kong government's approach to betting. On the one hand draconian legislation, in the pipeline, to ban offshore gambling, of any type or description, because it is undermining 'law and order' and also the position of the Hong Kong Jockey Club as, effectively, the sole legal outlet for gambling here. The HKJC pours billions of HK$ into the government's coffers and squares the financial circle. Yet here is the Financial Secretary justifying legalizing football betting, presumably under the auspices of the HKJC, on the basis that it cannot be stopped. It is an inherent contradiction.

March 09 2001
Tax Reform Pleases British Bookmakers
British bookmakers are celebrating Chancellor Gordon Brown's budget announcement today, which includes plans for scrapping betting duty. Punters currently pay a 6.75 tax on each bet placed with a British betting establishment, a policy that has induced many bookmakers to head offshore where they can offer punters tax-free betting. Today's announced policy change, however, will replace betting duty with a 15 percent company tax on bookmakers' gross profits. The Treasury expects the policy to be in place by January 2002.

March 09 2001
Casino's Net Rises 28%, Beats Forecasts on Strength of Latin American Return
Casino Guichard Perrachon et Cie.'s net profit grew 28% in 2000, beating analysts' forecasts, as recent investments in Brazil and Colombia bore fruit.
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March 09 2001
Taiwan Legislators Pausing to Legalize Casino Business
A group of Taiwan lawmakers are pushing for a law to legalize gambling business on the offshore islands alleging the bid has won full backing of President Chen Shui-bian. Parliamentarian Lin Ping-kun of the leading opposition Kuomintang (KMT) and several other legislators plan to stage a comeback for the amendment to the existing offshore island construction law next week.
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March 09 2001
Patent Case Shuts Down Online Casino
In a patent case that could affect how business is conducted on the Internet, a U.S. district judge has ordered an online casino in the Caribbean to stop offering wagering on live games of chance because the activity infringes on the intellectual property of a Nevada company, MSNBC learned Friday.

March 09 2001
Online Gambling Bill Introduced in Nevada
A bill that would legalize online gambling in Nevada was introduced yesterday in the State Assembly. AB 296, introduced by Assemblywoman Merle Berman, would authorize the Nevada Gaming Commission to set up regulations and grant Internet gambling licenses to resort hotels already holding unrestricted state gaming licenses. Revenue from interactive gaming would be taxed just as gross revenue received from other games. Although the law would require players to be of legal age and from jurisdictions where Internet gambling is legal, it would not require that Internet players be from Nevada.

March 08 2001
Georgia Senate Bans Video Poker
In a surprise move, the Georgia Senate voted overwhelmingly Tuesday to ban video poker, giving a major victory to a freshman Republican from Northeast Georgia who had appeared to be waging an uphill battle against the industry.

March 08 2001
Look-alikes stopped from taking business
During the last week of February, a U.S. federal judge ordered a Costa Rican Internet sports book to surrender control of the domain names RioSports.com and BetRio.com. Rio International Interlink was ordered to hand over the domains to Rio Properties Inc., a subsidiary of Harrah's Entertainment Inc. In an attempt to curb the practice of registering sound-alike domains, the U.S Congress has passed legislation. The Domain Name Piracy Prevention Act of 1999 prohibits "the bad-faith registration, trafficking or use of Internet domain names that are identical to, confusingly similar to, or dilative of distinctive trademarks or service marks."

March 07 2001
TECHNOLOGY -- An Open Door for Online Crooks?
TECHNOLOGY
By Geoffrey Smith in Boston

The law is usually able to distinguish clearly between legal investments and those that constitute fraud. But the Internet is blurring lines most of us assume are easily drawn when federal prosecutors try to protect us from crooks. And that's making it increasingly difficult for authorities to keep up with a new generation of cyber thieves.

March 07 2001
Canada Addresses Money Laundering Late In Game
The Canadian government certainly isn't the first to address money laundering, in fact, it is one of the last, but recently published regulations have many commerce experts feeling that Canada may have written some of the best such regulations around.

March 07 2001
Guilty plea is expected by offshore betting baron
Frank Masterana, owner and founder of Caribbean Sports in Costa Rica, will appear before U.S. District Judge John T. Elfvin on Wednesday and plead guilty to gambling charges.

March 03 2001
At the Nasdaq Casino, the Winners Get Stiffed
Competition between stock markets turned into anarchy for a time this week, as electronic systems went crazy and the regulators at Nasdaq slept. Hours later, the Nasdaq bosses sprang to life and made decisions that cost some traders lots of money but helped the very person whose error started the mess.

March 03 2001
Casino Sports Assists in arresting Individual for Credit Card Fraud!
The Baltimore Police Department arrested a man who hacked into the database of a Maryland Based Internet company.  It took one week to apprehend the said individual, but this was with the assistance of the Casino Sports Credit Card Fraud Department Supervisor. 

The individual opened accounts at a given sportsbook with legitimate names and accurate personal information.  When the investigators realized that the offshore industry was being defrauded, they notified Casino Sports and asked for specific information relating to the location, IP address and time of access to the accounts.  He was traced to a public library and after extensive research and surveillance; the said individual is in custody and will be prosecuted to the fullest extent.  A number of offshore sportsbooks were hit by this activity.  For any sportsbooks that may have been scammed by Maryland Credit Cards, you may contact, Detective Mark A. Watkins #3132 Baltimore County Police Department, Woodland Precinct, Investigative Services Team, 6424 Windsor Mill Rd., Baltimore Maryland  21202.  Office 410-887-6812, Precinct 410-887-1340.  

March 03 2001
Federal Official Undecided on Gambling Compact Negotiations
Interior Secretary Gale Norton told a Senate panel that she needs more time to determine what role if any she should play when gambling compact negotiations stall between tribes and states.

March 01 2001
Missouri Senate Proposal Would Split State Gaming Commission
A plan to split the Missouri Gaming Commission into two agencies has been introduced in the Missouri Senate. The measure would also create the crime of "gaming corruption," would cap the number of Missouri casinos at 15 and would limit each riverboat to no more than 3,500 slot machines.