1°C - Cloudy with showers, heavy at times (Daily Record)

January 19th, 2010

A SCOTS betting boss has been jailed for almost three years in the US after pleading guilty to racketeering.

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BetOnSports CEO Sentenced To Prison (WebProNews)

January 19th, 2010

David Carruthers, the former director and CEO of online sports wagering firm BetOnSports, was sentenced to 33 months in prison on Friday, the Justice Department announced. Carruthers, a citizen of the United Kingdom, was hired by BetOnSports founder, Gary Kaplan, in 2000 as CEO of the online wagering company, which was based in Costa Rica. “The prosecution and conviction of Carruthers is …

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AG: Instant Racing machines OK (The Cincinnati Enquirer)

January 19th, 2010

A gambling game that looks like a slot machine, but is based on the outcome of randomly selected old horse races, is allowed by state law, but gambling rules would have to be rewritten to allow so-called Instant Gambling, the Kentucky attorney general’s office says.

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New Jersey Considers Legalizing Online Gambling (WebProNews)

January 19th, 2010

A newly proposed law in New Jersey would allow residents there to gamble online via websites run by the state’s casinos in Atlantic City. The bill was introduced into the New Jersey senate by Senator Raymond Lesniak (D-Union), who also introduced a separate bill which calls for New Jersey residents to vote on a constitutional amendment that would allow state-regulated sports wagering in Atlantic …

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Sponsor says gambling bill would create ‘fair playing field’ (Mobile Press-Register)

January 19th, 2010

State Rep. Marcel Black’s bill would ensure that Indian casinos, which are federally regulated, could not gain de facto monopolies as a result of state crackdowns. That concern is widespread in Alabama’s state-regulated gambling industry.

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Digger: All boardroom bets are now off (Guardian Unlimited)

December 15th, 2009

• Gambling offences now breach the fit and proper test • Move inspired by Matthew Le Tissier’s autobiography A rare mis-hit pass from Matthew Le Tissier that led to a failed betting scam has moved Football League clubs to ban those found guilty of a gambling offence from the boardroom, Digger can reveal. In a strengthening of the League’s fit and proper person test, anyone who breaches betting …

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All boardroom bets are now off (Guardian Unlimited)

December 12th, 2009

• Gambling offences now breach the fit and proper test • Move inspired by Matthew Le Tissier’s autobiography A rare mis-hit pass from Matthew Le Tissier that led to a failed betting scam has moved Football League clubs to ban those found guilty of a gambling offence from the boardroom, Digger can reveal. In a strengthening of the League’s fit and proper person test, anyone who breaches betting …

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Man on R900m gambling losing streak (Independent Online)

December 9th, 2009

If there was a prize for the biggest gambling debts, Terrance Watanabe would be a clear winner.

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Las Vegas gambler with a £77m losing streak in a year (Daily Mail)

December 9th, 2009

Terrance Watanabe’s losses were so great they represented more than five per cent of the total revenue made by two casinos he visited, Caesars Palace and the Rio.

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Las Vegas gambler with a £77m losing streak in a year (Daily Mail: World News)

December 8th, 2009

Terrance Watanabe’s losses were so great they represented more than five per cent of the total revenue made by two casinos he visited, Caesars Palace and the Rio.

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