2006 September 15 Gambling News, Events and Happenings - Page 2

If a casino proposed for West Warwick becomes a reality, it would take business away from Rhode Island’s existing gambling parlors and cause a revenue loss for the state, according to preliminary results from a six-month study conducted by the Rhode Island Public Expenditure Council.

The French authorities arrested two Austrian executives of an online betting company Friday on charges of violating local gambling laws. The step was the first sign that European regulators might take aim at executives to stop the border-straddling Internet ventures.

SOUTH KOREA As reported by the Korea Times: “The government is continuing to shut down access to Korean-language gambling Web sites, whose operations are based in foreign countries.

We’ll try to avoid any card-related puns in this post, promise. Magmic’s played their card’s right with this one , but a little check-up to their site shows a new game release for your BlackBerry: PokerBlast.

Pinnacle Entertainment Inc. has bought a 35-acre tract in Baton Rouge that could provide a site for the city’s third riverboat casino. Through its $70 million purchase of Harrah’s Entertainment Inc.’s two riverboat licenses in Lake Charles, Pinnacle has one license available to move to another city.

LINCOLN, Neb. - The state Supreme Court said Friday that a measure to legalize casino gambling in Nebraska cannot be on the November ballot.

LONDON (AFX) - Leading shares closed flat, giving up earlier gains in the last few minutes of trade as investors took profits at the end of a volatile session and with another chapter in the gambling sector saga overshadowing gains in mortgage banking stocks, dealers said.

After favored teams in the NFL consistently brought home the money last year, football bettors anticipated finding some infl ated point spreads in certain weeks early this season.

Atlantic City casino operators may begin facing an increasingly competitive promotional market as the Borgata Hotel Casino & Spa, jointly owned by Boyd Gaming Corp. and MGM Mirage Inc., looks to stay in front of the action, squeezing players like Harrah’s Entertainment Inc.