2008 March 03 Gambling News, Events and Happenings

Online betting firm Sportingbet said on Tuesday it would have wait to see who won Euro 2008 before knowing whether of not it would post strong annual profit.

Two more people have pleaded guilty to a single misdemeanor count for their roles in the large-scale John L. Neal illegal gambling investigation.

‘Programmed on purpose to throw you off’: expert.

Atlantic City casinos have agreed to boost financial help for New Jersey’s struggling horse racing tracks.

An agreement to renew horse racing purse subsidies from the Atlantic City casinos was announced tonight, likely allowing Monmouth Park to offer purses to equal or exceed past levels when the thoroughbred racing season opens at the Oceanport track on May 9.

Atlantic Citys casinos threw the states horse racing industry a lifeline on Monday $90 million to supplement horse racing purses over the next three years, Gov. Jon Corzine announced.

Atlantic City casinos have agreed to boost financial help for New Jersey’s struggling horse racing tracks, but video lottery terminals would still be banned in the state under a deal announced Monday by Gov. Jon S. Corzine.

Finance Minister Surapong Suebwonglee and Prime Minister’s Office Minister Jakrapob Penkair both downplayed the idea of legalising casinos yesterday. They agreed the government would first have to hear opinions on the issue.

BOSTON - Job creation - a key selling point for legalizing casinos - has come under fire after a published report estimated that the governor’s prediction that resorts would create 30,000 construction jobs in the state was highly inflated.