Reversal of fortune

The Financial Times speculation earlier this week that Party Gaming co-founder Anurag Dikshit (37) had made a $300 million deal with the US Department of Justice (see previous InfoPowa report) was proved correct when the billionaire gambling IT whiz appeared in the Southern District of New York court Tuesday afternoon, pleading guilty to a single charge under the 1961 Wire Act. Earlier, the Internet gambling billionaire had flown into New York after negotiating the settlement details for the past 18 months with the DoJ.

Read the rest >>

Wed, December 17th, 2008

Related Casino News:

60 minutes to make as much money as you can!
60 minutes to make as much money as you can!
Over 300 Vegas Style casino games including all the latest ones!

Do you know that:

  • If you are planning a trip to Las Vegas, be sure to take advantage of the free sights and attractions. They include - Fremont Street Experience, the Fountains of Bellagio, the Sirens of TI, Volcano at the Mirage, tiger display at the entrance of the Mirage, tour of Ethel M's Chocolate Factory, Bellagio Botanical Gardens, Masquerade Show in the Sky at the Rio, Hand of Faith at the Golden Nugget, landmark replicas at the Paris and the Venetian properties and more.
  • The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.
  • The El Rancho Casino & Hotel in Las Vegas was known for a few firsts. It was the first casino/resort on the Strip opening in 1941 with 63 guestrooms. It was also the first to offer a buffet. The cost of the buffet was only $1.00! The El Rancho burned down in 1960 and fortunately no one was hurt.
  • Massachusetts decriminalized bingo in 1931 in an attempt to help churches and charitable organizations raise money. Bingo was legal in 11 states by the 1950s, usually only for charity purposes.