US arrest puts online gambling industry on a losing streak

THE online gambling industry was rocked again this week when a senior executive from Sportingbet, one of Britain’s largest gambling companies, was arrested in New York. This is the second arrest of a senior industry executive in two months, prompting fresh concerns that the US is cracking down on foreign companies that take bets from its citizens.

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Fri, September 8th, 2006

Related Gambling News:

Do you know that:

  • Dog racing (a race among greyhounds who chase after a mechanical rabbit) operates in 17 states. Jai-alai (a game similar to handball) is legal in just three: Connecticut, Florida, and Rhode Island.
  • Pathological gambling is recognized as a medical disorder by the American Psychiatric Association and has elements of addiction similar to alcohol and drug addiction.
  • Poker is derived from the Persian game of "as nar" and was probably based on the dice game "tali", which was played by the Romans.
  • Playing cards are believed to have been invented in China and/or India sometime around 900 A.D. The Chinese are thought to have originated card games when they began shuffling paper money (another Chinese invention) into various combinations.