July 30, 2010 100730
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your bets: Online gambling clears obstacle
WASHINGTON -- Congress took a step on Wednesday to allow for legalized
gambling over the Internet when a House panel approved a bill that
would license companies to offer online poker and other casino games.
PokerStars Applauds the Passage of the Internet Gambling Regulation,
Consumer Protection, and Enforcement Act
LONDON, July 29, 2010 /PRNewswire/ -- PokerStars, the world's largest
poker site, welcomes news of the successful mark up of H.R. 2267: The
Internet Gambling Regulation, Consumer Protection, and Enforcement Act
in the House Financial Services Committee by an overwhelming,
bipartisan margin of 41-22.
The UIGEA aka The Unlawful Internet Gambling Enforcement Act
In the final moments of the last Republican dominated session, Rep.
Bill Frist attached a bill to the Safe Port Act without anyone in the
Senate having any knowledge of it until fifteen minutes before the Act
hit the floor for debate. The Safe Port Act was/is an important act
that protects the security of the US borders and it passed almost
unanimously in both the Senate and House. And so the Unlawful Internet
Gambling Enforcement Act (aka the UIGEA), the bill that former senator
Frist scandalously attached to the Safe Port Act, passed and the
Internet gambling world was left with their collective mouths agape.
Casinos, bondholders settle dispute
RENO - A development in the Station Casinos Inc. bankruptcy case
Wednesday may clear the way for the Las Vegas company to avoid
continued litigation as it emerges from bankruptcy with the founding
Fertitta family still in control.
won't bid on Station properties
Boyd Gaming Corp. said today it was no longer interested in acquiring
several resorts owned by rival Station Casinos and will not participate
in next week's planned bankruptcy court auction of those properties.
posts loss, sells jets, closes offices
ST. LOUIS - Pinnacle Entertainment lost $49.3 million in the
second quarter, compared with a profit of $4.7 million a year earlier,
despite an 8 percent increase in revenue driven by the opening of River
City Casino in south St. Louis County.
Resorts sells land under Atlantic City's Borgata casino
ATLANTIC CITY — MGM Resorts International is selling the land
underneath Borgata Hotel Casino & Spa for $73 million as part of
its exit strategy from Atlantic City, the gaming giant announced
City officials reject word 'takeover,' any comparison of city with
As Gov. Chris Christie's aggressive plan for state involvement in
Atlantic City leaked out Tuesday, observers started to use a dreaded,
polarizing term: "state takeover."
Bet: Pinnacle Cuts Its Losses on Atlantic City
After its losing bet on Atlantic City, Pinnacle Entertainment is giving
up its plan to build a Las Vegas style resort on the city’s storied
indicted in theft of $168,000 from Potawatomi
MILWAUKEE - An employee of Potawatomi Bingo and Casino and eight of his
friends were indicted Tuesday on charges that they stole $168,000 from
the casino by cheating on the Pick 8 bingo game.
signs ‘historic’ Tribal Law and Order Act
Many tribal police have no access to criminal history records. As a
result, when pulling over a suspect, the officer has no background on
the person who is detained. The bill will provide tribal police greater
access to criminal history databases such as the National Crime
Information Center (NCIC).
Thunder will miss another bond payment
SANTA FE, NM - Pojoaque Pueblo will miss an upcoming bond payment on
its Buffalo Thunder Resort and Casino, Gov. George Rivera said.
Thanks to Green Chip member Pig
for posting the above link.
Companies Steer Clear of Las Vegas
Remember when the name Las Vegas Sands meant something? There was
a Sands Hotel, sand dunes were practically out the front door, and all
of the company's revenue was in Las Vegas. Boy, times have changed.
Resorts reports booming profits
Wynn Resorts more than doubled its profits during the second quarter of
2010 as business continued to boom in the Macau region of China.
commissioner orders shutdown of BCLC online gambling site until
glitches can be fixed
VANCOUVER, B.C. - Provincial privacy commissioner Elizabeth Denham has
ordered the government’s online gambling website to remain shut down
until the B.C. Lottery Corp. can find out what caused a computer glitch
that allowed some gamblers to play other people’s money.
Out of luck: B.C. gambler suing over denied jackpot
A British Columbia man who asked to be banned from a local casino
to control his gambling says he was still allowed to return whenever he
wanted – that is, until he finally won a $42,000 jackpot.
Thanks to Green Chip member TJ
for providing the above link.
MDOT Executive Director being called a mistake
BILOXI - Brown says he was playing a slot machine when a security guard
told him he had dozed off. The MDOT director says he told the security
guard he would get his money and go to his room, but the guard said he
would have to leave the property.
reality hits Las Vegas locals casino industry -- Indicators suggest
The future of the Las Vegas locals casino industry is being decided in
a Reno courtroom for the second time in a year. Station Casinos is in
the midst of an auction process that could have some of the dominant
locals company's casinos sold off to new players, old players wishing
to expand (Boyd Gaming Corp.), or a small player looking to get bigger
(Silver State Financial Advisors).
advertising ban upheld
CARSON CITY – In a 2-1 decision, a federal court has refused to
reconsider its decision that upholds the Nevada law banning
advertisement on prostitution.
SENATE RACE: Poll: Reid, Angle neck and neck -- Sixty percent of
Nevadans see nation on wrong track
Sen. Harry Reid and Sharron Angle are locked in a dead heat, says a new
poll for the Las Vegas Review-Journal and KLAS-TV, Channel 8 that shows
the GOP challenger regaining ground after going on the offensive with a
TV ad blaming Reid for Nevada's deep economic troubles.
The Bear Growls
Long-time Las Vegas-based advantage player, casino critic, and frequent
contributor LVBear offers his opinions on things that sometimes go
wrong in the world of casinos.
Current and past growls can be read and comments posted at LVBear's
PLAYERS' RIGHTS SPECIAL:
the Players and receive the original blackjack players' rights
and the Law, for only $2.00.
In the Special
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and the Law by I.
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I. Nelson Rose and Robert A. Loeb are lawyers. They have
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preferential shuffle, the legality of various forms of hole-card play,
the use of computers and other "devices," ID and false ID, Griffin
Investigations, cash-transaction reports, suspicious-activity reports,
seizures of cash, taxes, Internet gambling, and Indian casinos.
Beat the Players - Casinos, Cops and the
Game Inside the Game by Bob Nersesian
book should be read by everyone who sets foot in a casino: average
casino patrons, skilled players, casino employees, and anyone else. It
should be required reading for police officers, regulators, other
public officials, and attorneys who may represent any of the
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was the subject of a
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Nersesian is an attorney who represents victims of casino wrongdoing
against patrons. In an enjoyable writing style, he takes a look at the
often too-cozy relationship between casinos, police, and regulators. He
discusses specific cases and dispenses sound, practical advice that
patrons, casinos and public officials would be wise to heed. Cases
discussed are from Nevada and other jurisdictions.
include: Your Money or Your Liberty; Scary Cop Statements; They'll Take
Your Liberty Anyway; Gaming Agents Speak; The Take of the State; Rules
for Casino Patrons; Gambling at the Legal Limits; Cops Hate Card
Counters; Griffin Investigations; Casinos Cheat With Impunity; A
Judicial and Government Overlay; Finding a Nickel Brings Trouble; Names
and Aliases; The Security Office and Surveillance Functions, and
Casinos and Cops.
include Nevada Cheating and Detention Laws with Commentary; Other
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320-page book includes a bibliography and an index.
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Weighing the Odds in Sports Betting
by King Yao
Sports betting can be attacked intelligently. Smart sports bettors do
not gamble the same way as tourists play roulette or retirees play the
slot machines. Instead, smart sports bettors are making bets that they
have thought through carefully with supporting logic and/or research.
The purpose of this book is to give you tools to succeed at sports
betting, to show you how to evaluate, compare and view sports betting
from an analytical perspective, not from a gambling perspective.
The price is $19.95 plus shipping (plus sales tax if sent to a Nevada
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the Odds in Sports Betting.
Sharp Sports Betting, the book, by
Millions of dollars are wagered on sports events each year. Most people
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Wong is a revolutionary text on getting the edge over bookmakers. Much
of this information has never before been seen in print.
Some important topics covered in this book are:
Money management - Proper money management lets you win more than if
you simply make flat bets. Sharp Sports Betting explains when to bet
more, and how much to bet.
Internet sports betting - The Internet has opened up the opportunity
for people to bet on sports without visiting Nevada. Along with making
bets on the Internet, there are many important things to know. How do
you open an account? How do you get bonuses? What do you do if they are
slow to pay you?
Parlays - Parlays are risky; you can lose faster or you can win faster
than with straight bets. Sharp Sports Betting explains the mathematics
behind parlays. It explains how to make parlays that give you an edge
over bookmakers. It will help you answer questions like, "Should I
parlay these two bets?" "Should I bet off-the-board or with a parlay
card?" "A casino is offering 7:1 on a 3-team parlay. Is that good?"
Props - Do you ever bet on how many of something is going to occur,
such as how many games your favorite team is going to win during the
coming season, or how many field goals will be kicked during the Super
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find the nuggets.
Historical NFL data - Have you ever wondered how frequently certain
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NFL teasers - Since football points often come three or seven at
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Blackjack, Poker, Craps, other casino-related free
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what is going on in casinos you plan to visit. If you are like most
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you want to broaden your circle of friends to include more people
willing to discuss real casino winning principles, Green Chip is for
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Current Blackjack News
On the 1st and 2nd of every month, a couple dozen Pi Yee Press
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