Archive for October, 2006

Oct
21
Filed Under (News Roundup) by Casino Man on 21-10-2006
Harrah’s set to take over London Clubs
US operator Harrah’s Entertainment looks set to have won its battle for London Clubs after it persuaded Malaysian group Genting to sell its blocking 30pc stake….

Dice loaded against web gaming chiefs
Bosses are counting the high cost of exiting America after new laws outlawing online gambling, says Harry Wallop….



Oct
20
Filed Under (News Roundup) by Casino Man on 20-10-2006
Bodog Founder Ayre talks
Outspoken online mogul Calvin Ayre took time away from his busy schedule filming reality television program Bodog Fight to answer questions about the Unlawful Internet Enforcement Act and its effects on his company’s business….



Oct
20
Filed Under (News Roundup) by Casino Man on 20-10-2006
PartyGaming boss says US anti-gambling law could be scrapped
Chief executive Mitch Garber thinks there is a 50% chance that US legislation outlawing online will be scrapped if the balance of power in Washington drifts away from the Republicans. By Simon Bowers….

Jail for ‘chilli hot stuff’ cleaner who blackmailed judge
Brazilian cleaner Roselane Driza was jailed for a total of 33 months at the Old Bailey today for blackmailing a female judge and stealing videos from another judge who was her lover…



Oct
20
Filed Under (News Roundup) by Casino Man on 20-10-2006
Partygaming dealt $250m US bill
says restructuring its business after pulling out of the US will cost it about $250m….

PartyGaming has not given up on US
Mitch Garber, the chief executive of PartyGaming, has vowed to keep a presence in America….

PartyGaming non-US revenues fall
9am update: says that it will take a $250m hit after withdrawing from the US and that its revenues from its remaining operations outside the US had fallen. By Hans Kundnani….

Gambling Revenue Down On US Move
Revenues for online gaming group have fallen 2% since the company pulled out of US trading last week.A one-off restructuring charge of approximately £133m is expected during the second half of the year, as a result of quitting the US, it added….



Oct
20
Filed Under (News Roundup) by Casino Man on 20-10-2006
Real Poker Goes Virtual
With an idea similar to the Touchbet Roulette/Virtual tables that crowd UK and have also entered the US market, someone has come up with the cute idea of making a ‘virtual’ table. LA’s Hollywood Park Casino… Continue . …



Oct
20
Filed Under (News Roundup) by Casino Man on 20-10-2006
Paradise sales set to fall 90% on US gaming ban
· Owner’s shares still sliding despite 80% leap in profits· says goodwill write-down put at £200m…

American tycoon under investigation for Prescott gifts
The American tycoon campaigning to build a giant inside the Millennium Dome is facing a criminal investigation under U.S. anti-corruption laws over his infamous gift of a cowboy suit to John Prescott…



Oct
19
Filed Under (News Roundup) by Casino Man on 19-10-2006
Man in critical condition after stingray attack in boat
Read full story for latest details. …
Source: CNN | full story »

Police: London Olympics ‘huge terrorism target’
Read full story for latest details. …
Source: CNN | full story »

California city bars illegal immigrants from rentals
Read full story for latest details. …
Source: CNN | full story »

Anchutz Reported To State Department
US billionaire Philip Anschutz has been reported to the US Justice Department over his gifts to Deputy Prime Minister John Prescott.Mr Prescott’s stay at the ranch of the man who wants to open Britain’s first supercasino was reported to the US authorities in a complaint by a British citizen….



Oct
19
Filed Under (News Roundup) by Casino Man on 19-10-2006
Suicide Helper Escapes Jail Term
A man who helped his sick wife to commit suicide has walked free from court with a nine-month suspended prison sentence.David March, 57, had pleaded guilty at a previous hearing to aiding and abetting the suicide of Gillian, who had multiple sclerosis….

Sportingbet Profit Up
Online company saw its pre-tax profits rise 75% to £71.5m.It recently sold its US operations to private investors for just $1 following the outlawing in the US of online through credit and bank cards….



Oct
19
Filed Under (News Roundup) by Casino Man on 19-10-2006
Sportingbet takes £210m hit
has warned investors that the fall-out caused by the United States outlawing online will cost the company £210m in the year to July 2007….

Sportingbet’s exceptional costs hit £210m
9.30am update: takes a £210m hit after selling its American business for $1 following the introduction of US legislation outlawing internet gambling. By Hans Kundnani….



Oct
19
Filed Under (News Roundup) by Casino Man on 19-10-2006
As Some Online Gambling Companies Depart from the US Others Line Up to Take Their Place
The online bill in the US has proved one obvious thing - force one popular company away and others will just take its place. As publicly traded companies such as closed its doors to US players, other… Continue . …