Archives for June 2008
Anti-gambling war forces 84 casinos to close
China’s anti-gambling campaign has forced 84 casinos and small gambling houses in the neighboring countries out of business in the past two months, reported the Beijing News on Monday.
The casinos, spread along China’s southwestern border with Myanmar, Laos and Vietnam, were forced to close down as their business shrunk dramatically in the wake of an […]
Casino offers free bus rides to gamblers
MACAO: A new casino started yesterday to ferry customers from across the border to the SAR with free shuttle buses.
Until March 15, the newly opened Greek Mythology is sending luxurious coaches to pick up customers in Zhuhai, Xinhui, Guangzhou, Zhongshan and other cities in Guangdong. The shuttle buses run as frequently as once every five […]
US ban on Net gambling violates global law: WTO
First decision by world body on an Internet-related dispute
New York: The World Trade Organisation (WTO), in its first decision on an Internet-related dispute, has ignited a political, cultural and legal tinderbox by ruling that the US policy prohibiting online gambling violates its obligations under international trade law.
The ruling, issued by a WTO panel on Wednesday, […]
Casino design is no game of luck
While all the buzz in Hong Kong recently has been about the rebounding economy, just a short distance across the South China Sea, in Macao, a hum of a different sort can be heard as a host of new casinos has begun transforming the city into a gambling mecca.
In a meeting room in the heart […]
Bank employee blows $8.5 m
A Commonwealth Bank worker allegedly transferred $10.5 million from clients’ superannuation funds into his own account and blew $8.5 million of it at Sydney’s Star City Casino.
The man, who worked as an administrator with Commonwealth Bank subsidiary Colonial Mutual Life, allegedly transferred the money between December 31, 2004, and March 15, 2006.
News Ltd newspapers have […]
Woman wins $3m on penny slots in US
Los Angeles: A lucky American won nearly $3 million playing the one-cent slot machines in a Nevada casino, scoring a world record in the process, the maker of the one-armed bandits said yesterday. Shigeko Ide Stein, 61, won $2.99 million last Wednesday after popping penny coins into the Twilight Zone(R) Video Slots in a casino […]
Error makes machine give $100 bills
COUNCIL BLUFFS, Iowa: Customers who used the bill changing machine at Bluffs Run Casino found they had bigger payoffs than any gambling device in the place. That is because the machine was spitting out hundreds instead of twenties. “It went on for about six hours,” said the casino’s finance director, Janae Sternberg. When the machine […]
Mayor bets on casinos to revive city
NEW ORLEANS: New Orleans’ mayor has proposed building a casino zone near the historic French Quarter to jump start the hurricane-ravaged city’s economy, saying a bold move was needed to restore lost tax revenue.
“I’d like to have another solution for the citizens … but I don’t know what else we can do at this point,” […]
Americans bet 4 billion dollars online despite ban
US residents spent more than $4 billion last year on Internet gambling, despite a de facto prohibition on such wagering in the United States, according to a report released Tuesday.
The American Gaming Association said its analysis supports the need for a congressional study of ways to regulate online gambling for US residents in a way […]
New Jersey: End to slotless nights
After three slotless nights at Resorts Atlantic City, Lucille Mock was packing her bags to head home when she heard the news: the casinos had reopened! “I lost $75 in the first 15 minutes, but that’s OK,” said Mock, 49, of New York City.
Gov. Jon S. Corzine signed a $30 billion compromise spending plan to […]