2007 October 28 Gambling News, Events and Happenings

PUBLISHED: Thursday Oct 25, 2007 PartyGaming Quarterly Results show Casino and Sportsbook Up and Poker Still Feeling Affects of UIGEA PartyGaming, owner of the one-time largest online poker site in the world … via CardPlayer.com

Never mind that the Kansas Legislature has legalized casino gambling. Wyandotte County’s Unified Government isn’t taking chances.

LAS VEGAS (AP) - None of the 63 members of the state assembly and senate gave their unequivocal support for a teachers’ initiative that would add 3 percentage points to the tax levied on casino revenues, a newspaper found.

It garners a mere one-paragraph mention in the quarterly earnings report, but the private equity buyers of Harrah’s Entertainment Inc. could have a colossal $2.8 billion problem on their hands.

PBL will split its Media and Gaming assets in late 2007, subject to an EGM. Media will have steady but reduced cash flows from 25% of Channel Nine with NBN and magazines plus new media assets like Foxtel. Gaming will have more upside with the Australian casinos plus the 41% JV with Melco to build Asian casinos. Its Australian Gaming assets have around $5bn book value.

Kentucky State Police on Thursday seized $12,829 in cash, 44 video poker machines and various records and receipts as part of a two-month investigation involving illegal payoffs from video poker machines in … via Lexington Herald-Leader

A group of people opposed to bringing casinos to Massachusetts will rally on Beacon Hill Monday.

BOSTON (AP) - Opponents of Governor Patrick’s plan to bring casino gambling to Massachusetts are joining forces. A coalition of casino opponents will hold a news conference at the State House tomorrow to unveil their plans.

So maybe unicorns aren’t real . Absolute Poker has finally released an official statement on the insider cheating scandal that has rocked the online poker world this past week, and not surprisingly, no one is … via Wicked Chops Poker