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Tony Batt Gaming Guru - Page 6Indian Gaming: Casino Tribes Took in $18.5 Billion16 February 2005
WASHINGTON -- Indian gaming generated $18.5 billion in gross revenues in 2004, almost double the amount produced by Nevada casinos and the trend is expected to continue indefinitely, according to tribal and Nevada officials.
A 10 percent increase extended more than a decade of double-digit growth ... (read more)
Congress Unlikely to Act on Internet Gambling27 October 2004
WASHINGTON -- When Congress returns for a lame-duck session after the election, an eight-year quest to restrict or ban Internet gambling is likely to remain unfulfilled.
In 1996, when lawmakers first sought to control Internet gambling, 30 Web sites received bets totaling $30 million.
This ... (read more)
Exec Pushing Internet Gaming17 September 2004
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WASHINGTON, DC -- An Internet gambling executive on Thursday said he hopes Congress can be persuaded to allow U.S. regulation of online betting within the next three to five years.
David Carruthers, chief executive officer of BetonSports.com, did not underestimate the difficulty of his campaign, which he launched Sept. ... (read more)
Increase for California Gambling Machines Approved15 July 2004
WASHINGTON, DC -- Sen. Harry Reid was absent Wednesday when a Senate panel approved
legislation that Reid had blocked for three months and which would increase the
number of electronic gambling machines allowed in California tribal casinos.
The measure, which was was being considered by the Senate Indian Affairs Committee,
passed by a unanimous voice vote. ... (read more)
Congressman: Tribes Shouldn't Purchase Land to Build Casinos14 July 2004
Stephens Washington Bureau
WASHINGTON -- American Indian gambling operations should be restricted to reservations and tribes should not be allowed to buy land anywhere they want for their casinos, a Louisiana congressman told a House panel on Tuesday.
Rep. Jim McCrery, R-La., said the Indian ... (read more)
Casinos May Stand to Gain in Cyberspace21 June 2004
WASHINGTON -- If casinos in Nevada and elsewhere in the United States plunged into the Internet gambling market, they would likely gain up to $190 billion annually in sports bets, said Koleman Strumpf, an assistant professor of economics at the University of North Carolina.
Not only would ... (read more)
Interior Department Won't Support Federal Recognition Bill22 April 2004
WASHINGTON, DC -- The Department of Interior on Wednesday announced it does not support a
bill to speed federal recognition of Indian tribes, a process required before
American Indians can open gambling businesses.
Aurene Martin, deputy assistant secretary for Indian affairs, said the legislation
would weaken federal standards for tribal recognition. ... (read more)
Moratorium Suggested for Federal Recognition2 April 2004
WASHINGTON, DC -- Gambling money is fueling the drive by American Indians seeking federal
recognition, a Connecticut congresswoman said Wednesday in calling for tribes and the
Interior Department to declare a moratorium on the recognition process.
But the pleas of Republican Nancy Johnson appeared to fall on deaf ears of the
members of the House Resources Committee. ... (read more)
Online Gambling Back in Forefront2 April 2004
WASHINGTON, DC -- Sen. Jon Kyl, R-Ariz., a staunch foe of Internet gambling, said
Thursday a recent ruling by the World Trade Organization may spur Congress to finally
approve legislation to prevent Americans from wagering at offshore Web sites.
A three-member WTO panel declared on March 24 that federal prohibitions against
Internet gambling are an unfair trade barrier. ... (read more)
McCain Could Lead Gambling Panel5 March 2004
WASHINGTON -- The new chairman of the Senate panel overseeing Indian gambling could
be Sen. John McCain, who is leading the charge for hearings into a lobbyist's
multimillion-dollar contracts with tribes operating casinos.
The Arizona Republican said Thursday he is in line for the chairmanship but does not
know if he will take over for Sen. ... (read more)
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