Archive for September, 2009

 

3rd Circuit Declines to Reconsider Del. Gambling Plan (Law.com via Yahoo! Finance)

September 30th, 2009

The 3rd U.S. Circuit Court of Appeals dealt what is likely to be the final blow to Delaware’s plan for a state-sponsored gambling lottery that would have allowed residents to make bets on individual games in several sports.

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Payouts for video gambling still bring fines (Journal Gazette & Times-Courier)

September 29th, 2009

MATTOON — The effort to create legal video gambling in Illinois might cause some heads to spin in Coles County.

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Gambling’s odds improve in Ohio (The Toledo Blade)

September 27th, 2009

By WILLIAM HERSHEY and LAURA A. BISCHOFF DAYTON DAILY NEWS COLUMBUS – They’ve said “no” four times since 1990, but this year, driven by a promise of new jobs to combat a slumping economy, Ohio voters may be ready to approve casino gambling. A Blade/Ohio Newspaper Poll released today found that 59 percent of registered [...]

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Immunity in gambling license probes opposed (Pittsburgh Tribune-Review)

September 26th, 2009

Prosecutors and law-enforcement groups oppose legislation that would allow the Gaming Control Board to grant immunity to witnesses testifying in gambling-license investigations.

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Essentials in Texas hold ‘em hands

September 25th, 2009

There are (52 × 51)/2 = 1,326 distinct possible combinations of two hole cards from a standard 52-card deck in hold ‘em, but since suits have no relative value in poker, many of these hands are identical in value before the flop. For example, A♣J♣ and A♥J♥ are identical, because each is [...]

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Gambling laws being reviewed (BBC News)

September 24th, 2009

Social Development Minister Margaret Ritchie announces a review of Northern Ireland’s gambling laws.

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France Poised to Deliver Jackpot for U.K. Gambling Companies (Bloomberg)

September 23rd, 2009

Sept. 23 (Bloomberg) — PartyGaming Plc , William Hill Plc and 888 Holdings Plc , U.K. gambling companies facing a slowing market at home, may get a boost as neighboring France opens its online-betting market to foreign operators next year.

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Md. Near Awarding First Slots Gambling License (Washington Post)

September 22nd, 2009

Maryland officials are poised to award the state’s first slot machine gambling license to the Ocean Downs racetrack, a move its owner has said would allow betting to begin at the Eastern Shore location as early as Memorial Day weekend, according to several sources familiar with the process.

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Video Gambling Discussion Wednesday (WTVO – WQRF Rockford)

September 21st, 2009

Since video gambling has been made legal in Illinois, more bars, clubs, truck stops and many other businesses are getting the machines.

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Beginner’s luck

September 20th, 2009

When someone with limited experience achieves better than expected results it is referred to as beginner’s luck. The term is most often used in reference to a first attempt in sport or gambling. For example, if Mike beats veteran golf player Joe in his first game, Joe might attribute this to beginner’s [...]

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Schoolkids gambling away thousands a day (The Star)

September 19th, 2009

School pupils, some as young as 10, are gambling with their classmates and are losing thousands of rands a day.

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GOP wants to lower ante on gambling industry’s campaign contributions (The Columbus Dispatch)

September 18th, 2009

Though they are counting on hundreds of millions in gambling dollars to flow into Ohio’s budget, Senate Republicans want to slow industry campaign contributions to a trickle.

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Texas hold ‘em hands

September 17th, 2009

In the poker game Texas hold ‘em, a player’s hand consists of two hole cards, which belong solely to the player and remain hidden from the other players. Five community cards are also dealt into play. Betting begins before any of the community cards are exposed, and continues throughout the hand.
The player’s [...]

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Naperville to ban video gambling (Chicago Tribune)

September 17th, 2009

Suburb slates vote on opting out of gaming act Naperville is the latest town to decide it does not want video gambling.

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Evanston: No video gambling (Chicago Tribune)

September 15th, 2009

Evanston joined the ranks of communities voting against video gambling Monday night with the mayor saying the “social consequences” outweighed the financial benefits.

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Gambling committee to discuss riverboats Monday (The Times of Northwest Indiana)

September 14th, 2009

A legislative committee studying gambling in Indiana is planning to discuss a host of issues, including the possibility of moving one of Gary’s riverboat casinos.

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Village OKs gambling (Northwest Herald)

September 12th, 2009

LAKE IN THE HILLS – As soon as the Illinois Gaming Board finalizes video gaming machine regulations, the gambling devices will be allowed in Lake in the Hills.

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888 Soars After Signing Gambling Services Deal With Harrah’s (Bloomberg)

September 11th, 2009

Sept. 11 (Bloomberg) — 888 Holdings Plc , the second- largest U.K. online gambling company, rose the most in four months in London trading after signing a contract with a unit of Harrah’s Entertainment Inc.

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Soft lines

September 10th, 2009

Soft lines is a betting terminology representing betting odds that have been poorly researched by sportsbooks.
Handicappers commonly use this term to emphasize the value of their play. Since handicappers can focus on a smaller subset of all the possible games, they have the chance to identify soft lines. Soft lines usually [...]

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AFL star’s $4m gambling addiction (Herald Sun)

September 10th, 2009

AFL star David Schwarz has admitted to a gambling addiction that ‘left a trail of destruction’.

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