2009 August 14 Gambling News, Events and Happenings
The founder of the online gambling site BetOnSports.com pleaded guilty Friday in St. Louis to federal racketeering conspiracy and other charges, concluding years of investigating and prosecuting a case in the complex world of offshore sports gambling.
A former Sandia Casino slots executive faces more than one thousand years in prison for an alleged scheme that cost the casino at least $1 million. Investigators said former slots acting manager Daniel Roybal, 39, and employee Lynn Gallo staged jackpots up to four times a week for about a year.
Several thousands of dollars were raised in Pennsylvania to support local fire stations via poker games, but investigators say that the operator of these games was using the events to commit fraud.
Station Casinos, which filed for Chapter 11 bankruptcy July 28, posted a net loss of $65.3 million in the second quarter ended June 30 and revealed one its newest property is losing money, according to a filing made today with the Securities and Exchange Commission.
With unemployment in the Las Vegas area running at 12.3 percent in June, locals are spending less and Station Casinos Inc. appeared to be hit hard by that trend in the second quarter ended June 30.
WILMINGTON, Del. (BP)–Las Vegas-type sports gambling could be legal in Delaware in time for the start of the NFL and college football seasons unless the 3rd Circuit Court of Appeals steps in at the request of the four major professional sports leagues and the NCAA.
A federal appeals court judge granted an expedited appeal Friday sought by the four major sports leagues and the NCAA, allowing their lawyers to argue in front of a three-judge panel that Delaware shouldn’t be allowed to launch sports betting on Sept. 1.
There are more than 70 construction workers going full-speed to meet construction deadlines for a sports betting center at Harrington Raceway & Casino.
Thomas Suddes: Fretting over tobacco funds, gambling foes, grocers