2006 August 20 Gambling News, Events and Happenings

The arrest of a high-profile online gambling executive and a federal bill outlawing virtual wagers will do little to curb the multibillion-dollar industry, gaming experts say. Former BetOnSports.com CEO David Carruthers nd his company are charged with mail and wire fraud and money laundering.

Is buying a stake in an Internet casino a sucker?s bet, or the chance to buy low and score a big payday?

Clear Spring Volunteer Fire Co. has been fined for allegedly mishandling its bingo and tip jar fundraising, according to company president Ronald Poole. Read the full story in Monday’s Herald-Mail newspapers.

As the presidents nephew Roh Ji-won and presidential confidants are reportedly involved in video gambling suspicions, it is possible that the controversy could develop into an influence-peddling scandal.

The prosecutions video gambling investigation is showing signs of expanding in all directions.

On the afternoon of August 20 in front of a gift certificate exchange booth in a backstreet of Jung-gu, Seoul, a 30-something man who played in the nearby gambling adult videogame room Sea Story, waved 30 yellow gift certificates each worth 5,000 won, earned at the game-room, at the exchanger.

When it comes to the Sea Story video gambling scandal, premium gift certificates used in game rooms for adults are always mentioned in the same breath.

HONOLULU (AP) _ Gambling’s illegality in Hawaii doesn’t stop many islanders from developing gambling addictions. There are no lotteries here, no scratch tickets, no Indian casinos and no bingo parlors or horse tracks.

President Rohs nephew Roh Ji-won, 42, is now in controversy over his alleged involvement as a director of Woojyun Systec, which was later bought by Ziko Prime, a distribution and sales company of adult gambling machines.