2006 July 12 Gambling News, Events and Happenings

(Associated Press via NewsEdge) The US House voted to forbid the use of credit cards to settle online bets, an effort to halt mushrooming interest in Internet gambling.

WASHINGTON — Tribal casinos pulled in $22.6 billion in gambling revenue last year, double the take of Nevada gambling, as Indian casinos recorded another record year, the industry trade group reported yesterday.

A preacher’s son, who’s a former university class president, is pleading guilty to a bank holdup - an effort to pay off what he lost on internet poker.

Nevada casinos won a near-record one-point-one-three (b) billion dollars from gamblers in May for a nine percent gain over the same month a year earlier.

DES MOINES, Iowa (AP) Gamblers are betting even more at the state’s riverboat and racetrack casinos, spending a record $1.15 billion over the past 12 months, according to state records. That’s up 4.8 percent from the same period a year earlier.

By NANCY ZUCKERBROD Associated Press writer WASHINGTON — Internet gambling is big business and growing. Just consider the numbers: Consumers worldwide currently spend $12 billion a year on Internet gambling, a figure that is projected to jump to $24 billion by 2010.

WASHINGTON — If online poker is your passion, or if you fancy Internet roulette, you might want to consider a new hobby. Congress has taken a significant step toward banning most online gambling.

A Texas Indian tribe on Wednesday sued former lobbyist Jack Abramoff and Republican activist Ralph Reed, charging that their lobbying efforts unfairly prevented the tribe from operating a casino.

Nevada casinos won a near-record $1.13 billion from gamblers in May for a 9 percent gain over the same month a year earlier, state regulators said Wednesday.