2008 June 03 Gambling News, Events and Happenings

MELBOURNE, June 4 - The developers of a $5 billion Las Vegas casino have decided to scrap the project due to tight credit markets, one of the developers, Australia’s Crown Ltd , said on Wednesday.

Bitter bingo charities challenge state crackdown

Asia’s booming gambling resorts in Macau and beyond could surpass the United States in casino gaming revenue by 2012, a survey shows.

DETROIT — Lawyers for the financially troubled Greektown Casino asked a federal bankruptcy judge Tuesday to approve a $44.9 million emergency loan that will keep the gambling hall’s construction of an expanded gaming floor and 400-room resort-style hotel from grinding to a halt.

A millionaire businessman from Fairfax County is in jail and at the center of a federal investigation into drugs and gambling.

DENVER - By now you know of the pink slip that was waved around at Dove Valley earlier this week with the ferocity of a “Yes We Can” poster.

(JUNE 3) Few sports rely as heavily on the income derived from betting as the sport of boxing. Since the very beginning of the profession, boxing has existed largely because people are willing to bet on the outcome.

MSN said that it had signed an agreement with BermanBraun, a Los Angeles production company, to develop and maintain an entertainment-focused Web site.

Problem Gambling Foundation CEO, Graeme Ramsey, says corruption and gambling have gone together since time began. Mr Ramsey says he is not surprised at news story about a top Australian cop who got involved in a plan to flood Sydney and Melbourne with ice (P).