Gambling Ring


Atlantic City Casino Poker Room Hosting Illegal Gambling Ring

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In what is being considered one of the most serious mob operations in the history of Atlantic City, 23 people were arrested in a sting on an illegal gambling ring.

Operation High Roller, as it was called, focused in on The Borgata Hotel Casino and Spa, where police say there was an illegal gambling ring that was being run out of the casinos poker room.

The casino itself was not an accomplice to the crimes as the police say they helped in the sting operation by allowing them to use casino surveillance video.

The Philadelphia mob is what police feel is at the head of the operation as they were able to link money from the casino to wire rooms that were located in Philadelphia.

Six employees of the casino were also arrested in the sting and they are likely to lose their licenses. Four men that were arrested were the links to the Philly mob.

The ring was apparently a sports gambling operation, which would make sense since there are no sportsbooks located in Atlantic City.

The city has worked hard over the years to keep organized crime out and was successful in their efforts, but in recent years they have lightened in their attempts to keep the mob out.

 

Maryland Casino Slot Machines Measure on Ballot for November 2008

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In a photo finish, Maryland lawmakers have approved a voter referendum on slots that may save the state’s historic horse-racing industry. After years of bitter debate and acrimony, legislators narrowly passed a bill placing the future of slots in Maryland before the state’s voters on the ballot in November of 2008.

Like several other states before them, Maryland has found the installation of slot machines to be the path most likely to shore up the floundering business at Pimlico, the home of the Preakness Stakes, and other tracks.

Because of complications in Maryland law, the law would actually take the form of an amendment to the state constitution. Still, Governor O’Malley and his allies pushed the plan as necessary for the state’s well-being.

Not only was the referendum passed to the voters, but an implementation system was set up in a separate measure, allowing for dispersal of expected revenues to education, which gets the lion’s share at 48.5%, increased purses at racing tracks, and local governments, along with slot operators.

The president of the Maryland Jockey Club, Louis J. Raffetto, Jr., was quoted by a local paper as saying Maryland’s racing industry might now have a fighting chance to survive.





Internet Gambling Case


Antigua Wins Sanctions of Only $21m Per Year in Internet Gambling Case

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Antigua was awarded $21 million in sanctions from the US over a law (UIGEA) that breaks WTO rules. Antigua won their case at the WTO and claimed they should be compensated up to $3.4 billion per year to replace their lost revenue stream.

The $21 million Antigua won in arbitration today was $3.38 billion less than they had desired and $20.5 million more than the US claimed they owed the small island nation.

The sanctions will allow Antigua to offer pirated copies of music, movies, and software from the United States, but the amount they will be allowed to pirate will not have a significant effect on any American industry.

The world-wide online gambling industry, estimated to be worth more than $10 billion per year, was hoping these sanctions were so strong that the likes of Microsoft, Time Warner, and Disney would be forced to speak up to challenge current US Internet gambling laws.

The Internet gambling community will take this as one of the final blows in its fight to restore freedom and fair trade across the world. The only hope for the industry now is the iMEGA case in the US that challenges the UIGEA law, and Barney Frank’s bill HR 2046, meant to legalize online gambling. Neither situation offers too much hope in an industry that has taken one hard left to the stomach too many over the past two years.

Comments from Antigua attorney Mark Mendel and US WTO spokeswoman Gretchen Hamel are still being awaited.