2007 May 01 Gambling News, Events and Happenings - Page 7

Gambling magnate James Packer has teamed with US-based resort developer Eighth Wonder and a handful of other investors for his third casino foray in the past month.

Maryland Senate President Thomas V. Mike Miller Jr. yesterday urged a special session of the legislature this fall to close a looming $1.5 billion deficit through a series of tax increases, the legalization of slot machine gambling and cuts to education and other programs.

DAYTON Opening arguments are expected today in the trial of eight defendants accused of diverting $15 million in charitable bingo revenues over three years into their own pockets and associated businesses.

An investigation by New Jersey regulators into MGM Mirage’s business dealings in Macau could result in the gambling behemoth’s exit from Atlantic City, an analyst said yesterday.

In planning terms, putting a casino in Middleboro is like putting a resort in the middle of a farm field: It fills SouthCoast’s remaining semi-rural landscape with sprawl.

How ITC plans to dominate the ready-to-eat snack market.

TALLAHASSEE · An expansion of gambling could help the Legislature break its deadlock over how to provide property tax relief.

In a week where Neteller has had to freeze debit card transactions following an unspecified problem with the Cirrus Maestro global processing network, the last thing the management at the Isle of Man based e-wallet probably wanted was insiders leaking negative stories to the media. But apparently that is what is happening, according to a report in Gambling911.

The Washington publication The Hill reports that a coalition of major amateur and professional sports leagues is urging members of House Financial Services Committee to oppose legislation unveiled last week by its chairman Barney Frank that would undo last year’s crackdown on illegal online gambling by regulating and licensing the pastime in the USA.