2006 October 03 Gambling News, Events and Happenings

Last year, Indian casinos paid more than $19 million dollars to state and local governments.

An important issue to emerge in the debate over Question One — separate and apart from the merits of the casino gambling project itself — is the propriety of amending the Rhode Island Constitution to permit the Narragansett Indian Casino.

The online gambling industry is facing tough odds after a recent act of congress. Lawmakers passed a bill that would ban the use of credit cards or other financial transactions for internet gaming. Online gambling is a $10-billion industry but, with the law, many people say online gambling is about to go bust.

With a swipe of President Bush’s pen, internet gambling will change forever. The new Unlawful Internet Gambling Enforcement Act will make it illegal to pay for online gambling with credit cards, online payment systems, or bank transfers.

About two years ago, this historic mining town in the mountains west of Denver placed a $38.3 million wager on its future. It built a four-lane highway to lure more gamblers to the city’s Main Street casinos.

Some bar and restaurant owners say the Madison County prosecutor overstepped his bounds by taking away their businesses during a probe into alleged illegal video gambling, 6News’ Derrik Thomas reported Tuesday.

Back history on the state Bingo amendment for what it is worth. I have read the amendment on which we are to vote and it sounds good but I read a similar amendment in Texas years ago which sounded good, too.

Online betting companies assess the damage to their business models after the US outlaw of internet gambling.

Last weekend, when the U.S. Congress passed a bill making it illegal for banks and credit-card companies to make payments to Internet gambling sites, a legion of online gamblers were sent scrambling to find new …
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