Featured Articles Archive - Page 761

Horse Racing Industry Presents United Front in Support of VLTs at Michigan's Tracks

Before a packed crowd, on Wednesday, October 8, 2003, the Michigan Senate Gaming and Casino Oversight Committee heard testimony from Michigan's horse racing industry concerning House Bill 4610, which would authorize video lottery terminals ("VLTs") at Michigan's horse racing tracks...read more

Is It Bingo, Or A Slot Machine?

A new casino competitor is coming to America: the bingosino. Bingo is already being played on video screens. These gaming devices are about to become virtually indistinguishable from video slots. They will be joined by other machines and fast-action table games, giving bingo halls, especially those on Indian land, the look and feel of casinos. These revolutionary new games come from the minds of inventors, and their lawyers...read more

Horoscope for the Week of October 12, 2003

Tip of the Week: In approximately one month from now on Saturday November 8, 2003 thousands if not millions of people all around the world will celebrate the Harmonic Concordance. This event links to the Harmonic Convergence that took place back in 1987...read more

P2P Concerns Spawn New Provisions under UK Gambling Bil

U.K. Gambling Minister Andrew McIntosh revealed Tuesday in a speech before the Future of British Gambling Conference in London that new consumer-protection measures will be included in England's new gambling bill. "Exchanges do present an opportunity for those with 'inside information,' acquired improperly, to make a profit from the uninformed punter." - Andrew McIntoshU.K...read more

Playtech Game Terminals Debut in Tanzania

Baraka Gaming Group and Playtech have partnered to create Baraka Casino, a suite of 60 games that can be played both on the Internet and through a new land-based kiosk network in the Republic of Tanzania in eastern Africa. Baraka, which is fully licensed and registered in Antigua, has so far installed kiosk terminals only in its Tanzanian land-based casinos, but the company plans to enter hotels, resorts and Internet cafes soon...read more

Horoscope for the Week of October 5, 2003

Tip of the week: Libra is the sign traditionally most strongly associated with relationships. All signs are about relationships in the wider sense of the term because life itself is an ongoing series of complex relationships. Libra is particularly associated with the principles of harmony, balance, fairness, and justice in relationships...read more

Gone Tomorrow?

The findings in a report from the Commonwealth Bank of Australia spell gloom and doom for betting exchanges Down Under. The report, titled "Betting Exchanges: Here Today, Gone Tomorrow" and released in August 2003, draws three key conclusions: Competition from betting exchanges can lower the TABs' valuations by up to 30 percent. The government and the racing industry will lose up to AU$240 million per annum in taxes if betting exchanges are permitted to freely operate in Australia. The government will likely ban betting exchanges within 12 months. The first key finding is based on information provided by the Australian Betting Exchange Taskforce's estimation that 20 percent of TAB turnover was at risk of being transferred to betting exchanges if exchanges were to operate freely. Assuming that betting exchanges would operate untaxed, the report concludes that betting exchanges would contribute no funding toward the government or horse racing industry, which together would stand to lose $256 million per year...read more

Horoscope for the Week of September 28, 2003

Tip of the Week Last week on September 20, Mercury finally went direct after three tough weeks of it being retrograde in the sign of Virgo. For many, this was a time-period of confusion, changing minds, hurricanes, computer virus mishaps and other communications difficulties...read more

Horoscope for the Week of September 21, 2003

Tip of the Week The Sun's entry into Libra is the official time of the Autumn Equinox. Libra is the sign that symbolizes the process of creating harmony and balance in relationships. On a lunar calendar, Autumn Equinox is symbolizes the waning Half Moon...read more

TVG Sues Youbet Over Control Issues

Earlier this month, ODS Technologies, a subsidiary of Gemstar that does business as TVG Network, filed a complaint against Youbet, alleging that Youbet is doing irreparable harm to its shareholders by providing false and misleading proxy information in order to swing a vote that would amend Youbet's Charter...read more