Sunday, May 29, 2005

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Summer Holiday - Cruising the Mediterranean Competition

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Wishing Summer was here already? Well Ausvegas is giving you the opportunity to be basking under the Mediterranean sun this summer. Enjoy yourself spending long languid days relaxing on the decks of one of the most luxurious cruise ships to grace the water, Silverseas Cruiseline's "Silver Shadow".

Israel Moves Forward with Casino Legalization

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Israel Moves Forward with Casino Legalization
Casino City Times
Thu, 19 May 2005 1:22 PM PDT

ISRAEL


As reported by the Arutz Sheva: "After years of debate, the government is moving forward at a brisk pace towards legalizing casinos in Israel. According to projections from Tourism Minister Avraham Hirschson, a casino will be up and running within 18 months.

Read this article at Casino City

Sands Singapore Casino Would Cost Up to $2.5 Billion

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Sands Singapore Casino Would Cost Up to $2.5 Billion
Casino City Times
Thu, 19 May 2005 10:52 AM PDT

Casino City is an independent directory and information service not affiliated with any casino. Warning: You must ensure you meet all age and other regulatory requirements before entering a Casino or placing a wager.

Singapore PM rebuffs Las Vegas gambling magnate over casino project comments

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Singapore PM rebuffs Las Vegas gambling magnate over casino project comments
The Star Online
Wed, 18 May 2005 9:47 PM PDT
SINGAPORE (AP) -

Singapore's prime minister is dismissing complaints by Las Vegas gambling magnate Steve Wynn that Singapore is micro-managing a new casino project, saying that the government wants to ensure it can be proud of the resort once it's finished, a newspaper reported Thursday.

The Star

Ten warning signs of problem gambling

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Ten warning signs of problem gambling
US News & World Report Sat, 14 May 2005 3:13 PM PDT1

Is preoccupied with gambling, reliving gambling experiences, or thinking of ways to get money to gamble.

US News

Snooker: Snookered

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Snooker: Snookered
Without a sponsor, and perhaps a home, the future of one of the UK's favourite sports is under threat
By Nick Harris
15 April 2005

Twenty years on from snooker's finest hour - the epic World Championship final between Dennis Taylor and Steve Davis - the future of the game has never been more shrouded in doubt.Article Length: 1532 words (approx.)

Sport Independant

CVC takes gambling company public

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CVC takes gambling company public
The Deal Thu, 28 Apr 2005 6:59
PM PDTIG Group Holdings plc , which owns U.K. gambling company IG Index plc, priced its shares on the London Stock Exchange on Thursday, April 28, at 120 pence a share, toward the lower end of the 112 pence to 139 price range it announced when bookbuilding started April 14, delivering an initial market capitalization of £393 million ($750 million).

Lottery worries gambling operators

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Lottery worries gambling operators
State game could raise competition
The Associated Press
RALEIGH, N.C. - Gambling companies in North Carolina are keeping a nervous eye on a proposed statewide lottery, which they say could significantly hurt their business.
Shawn Anderson, a distributor of video poker machines, wonders how many people will show up if the state approves a lottery with bigger payouts.

myrtlebeachonline.com/mld/myrtlebeachonline/news/

Polk may use gambling money to cover costs

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Polk may use gambling money to cover costs
The special election approving a jail for the county and prisoner transportation added expenses to the budget.

By KEVIN DOBBS
REGISTER STAFF WRITER
April 29, 2005

Polk County would use gambling revenue to help cover $9.1 million in unexpected costs under a plan to be discussed Tuesday by the Board of Supervisors.The added costs are spread across several departments, but by far the largest share, more than $3 million, is attributed to jail overcrowding.The county's jail complex in Des Moines has been overcrowded for years, and taxpayers will spend about $4.5 million this year to ship hundreds of inmates to jails in other counties. Officials say that estimate rises monthly.
Sheriff Dennis Anderson campaigned for a new 1,500-bed jail - three times the current capacity - on the premise that a growing population and Iowa's methamphetamine epidemic have caused irreversible overcrowding.New cells, he said, will save millions of dollars. Voters agreed, and in March passed a $68 million borrowing plan for a jail that will open north of Des Moines in 2008.When the supervisors approved this year's budget, they did not know when the jail vote would be, or whether the plan would pass. They must now budget about $200,000 for election costs and another $2.7 million to pay for land and other costs tied to the jail project, said Deb Anderson, the supervisors' fiscal adviser.
County revenue is $2.8 million higher than forecast. For example, the county's health department received more grant money and the county attorney collected more than expected in fines.That money plus $6.3 million in profit from the county-owned Prairie Meadows Racetrack and Casino ,will offset the expenses, Deb Anderson said Thursday.Jeff Riese, president of the Polk-Des Moines Taxpayers Association, said he finds no glaring problems with the plan.
"I'm a little disappointed that the original budget estimates weren't closer, but it's pretty typical of how things run in government," he said.If the supervisors approve the plan, the county will end the year with $57 million in reserve, which is about 31 percent of its annual spending.Republican supervisors Robert Brownell and E.J. Giovannetti want that reduced significantly, arguing that if the county can afford to keep more than $50 million on hand, it can afford to reduce taxes.
"Reserves over 22 or 23 percent are excessive," Brownell said Thursday.

http://gambling.tblog.com

Gambling losses hurt Hilton Group's profits

Gambling losses hurt Hilton Group's profits

ALISTAIR MCARTHUR
business.scotsman.com/index.cfm?id=552982005


HOTELS and gaming giant Hilton Group said a string of "unfavourable" results had recently hurt its gaming business, leading to a drop in profits.
Hilton, which also owns Edinburgh's Caledonian Hotel, said profits over the first four months of the current trading year were down, after punters scored on the horses.
The group, which operates about 400 hotels outside the United States and nearly 1900 Ladbrokes betting shops in the UK, saw profits slide by four per cent up to the end of April, reflecting "tough trading comparatives" in betting and gaming.
But it believed that Ladbrokes, its betting and gaming division, should show good growth in the second half, particularly with the expected acquisition of more shops shortly. Its hotels operation was also expected to see an improvement during the remainder of the year.
Looking at the figures for Ladbrokes, the company said the total gross win - the amount lost by gamblers - was in line with last year as the effect of stronger turnover was offset by lower margins, despite a 23 per cent increase in profits from online betting. Costs increased by 8.1 per cent. Of the total, retail win fell by one per cent "mainly due to weak horseracing margins".

http://gambling.tblog.com

'It's not luck. It's not gambling. It's psychological warfare'

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'It's not luck. It's not gambling. It's psychological warfare'

Adam Lusher

(Filed: 08/05/2005)

news.telegraph.co.uk/news/main.jhtml?xml=/news/2005/05/08/npoker08.xml
Paul Maxfield does not have the eyes that one might expect a true card sharp to possess. They are bright blue with not a hint of icy intensity. In fact, they look downright weary.

Bald and wearing slip-on shoes with silver buckles, this 48-year-old poker player looks almost out of place in our chic Kensington restaurant rendezvous, like a well-meaning, slightly shambolic uncle. There is nothing threatening about him - which is a misapprehension I was under for all of two minutes.
My impression changed the second that he eye-balled me, and, ever so casually, suggested: "Let's toss a coin for £100,000."
For a moment, as I mumbled evasions into my salad, I could imagine him leaning forward and raking in two big armfuls of chips.

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