NATIONAL NEWS EXCERPTS
10/4/09 to 10/11/09
'Silent addiction' on campus: gambling
IL - Steve spends every Thursday breaking down the weekend's football games before placing multiple bets at online gambling sites. "It's an adrenaline rush," said the 19-year-old sophomore at Northwestern University, who risks hundreds of dollars a month. Recent research shows gambling is becoming a college pastime for young men -- a trend fueled by high-stakes televised poker matches, more casinos nationwide and easy wagering opportunities on the Internet. One in four college men gamble on sports on a monthly basis, Problem gambling went from 6.1 percent of students in 2007 to 7.8 percent last year. Debts can get even higher, thanks to the ease of the Internet and proliferation of credit cards among college students, Even the state's biggest schools don't run prevention programs for the general student body.
www.suntimes.com / Chicago Sun-Times / / October 10, 2009
AP: Lenders to seek full license for NJ casino
NJ - The deal clears the way for a vote next week on whether financially strapped Resorts Atlantic City can turn over the keys to a new company formed by lenders including Wells Fargo on behalf of Credit Suisse First Boston Mortgage Securities Corp.
www.kansascity.com / Associated Press / / Oct. 09, 2009
Add Naperville to the video gambling 'ban'-wagon
IL - Naperville has joined the growing number of towns banning video gambling. Before taking up the issue last month, the city surveyed residents on the issue and found 89 percent of the 226 respondents oppose video gambling.
www.dailyherald.com / Daily Herald / / 10/7/2009
Addicted to gambling revenue
IN - For years, proponents of the never-ending expansion of gambling contended that it was a fantastic hedge for states against economic downturns because the various branches of the industry, from casinos to lotteries, were considered to be immune from the effects of a recession. The current economic slump has proven the fallacy of that argument. Wagering and admission tax revenues have tumbled at the state's 11 riverboat casinos. Statehouse powerbrokers for years viewed gambling as a painless way to generate more tax revenue. But with the market saturated and revenue evaporating, the shortsightedness of that position has been painfully exposed.
www.courier-journal.com / The Indianapolis Star / October 6, 2009
Ambrosino: Development, not gambling, for Wonderland
MA - A top state legislator says the arrival of casinos in Massachusetts is "inevitable" but Mayor Thomas Ambrosino thinks the chance of one opening at Wonderland Greyhound Park is slim. Gov. Deval Patrick lost a bid in the Legislature last year to bring casinos to the state but the ascension this year of House Speaker Robert DeLeo, who represents Revere and supports casinos and slot machines at racetracks, Dog racing supporters have threatened to file a lawsuit arguing the racing ban violates the constitutional right of dog owners and racing workers to earn a living.
www.itemlive.com / The Daily Item / / October 10, 2009
Amidst Problems With Online Gambling, Full Tilt Faces Lawsuit
US - Lary Kennedy and Greg Omotoy opened an account, amassed the $80,000 dollars of winnings, then lost it all - under allegations from Full Tilt that they were using "bots" to win the money, rather than their own skill and expertise. Kennedy and Omotoy filed a claim that Full Tilt was in fact the piece of the puzzle that had been operating bots. In any computer game, a "bot" is essentially a robot - an automated machine or program designed and programmed to play in the place of a human. These machines are either designed to test a human versus a machine, but they are also made for making money, as the bot could tirelessly perform calculations pertaining to the mathematics behind a game, in this case poker.
www.usaplayers.com / / October 6th, 2009
Ark. colleges try to balance lottery, gambling ban
AR - Arkansas' colleges and universities are looking forward to the millions of dollars in scholarships the state's new lottery will bring, but on some campuses playing the game could land students in hot water. "We're not encouraging participation in the lottery, but we're not disciplining students who do play," said David Crouch, spokesman for Harding University. John Brown University... In Siloam Springs, a private nondenominational Christian college, bans gambling on campus and also strongly discourages students from gambling at all. But Lucas Roebuck, the university's communications director, said there would likely be little punishment for students who did play lottery tickets on campus.
www.forbes.com / Associated Press / / 10.07.09
Arkansas Lottery Gambling Begins With Adjustments Being Made
AR - The money generated from the lottery is going towards scholarships to get into state colleges, yet gambling is prohibited on many college campuses. That has left administrators having to answer the question of what will happen to a student if they are caught scratching off a lottery ticket on campus. Several campuses have already decided that they will turn their heads away from the lottery gambling.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 8, 2009
Atlantic City Casinos Continue Slashing Jobs In September
NJ - Atlantic City casinos cannot withstand much more of the pounding they have been given over the past couple of years. The latest setback came in September, when the industry cut over 1,000 jobs in an effort to keep operating costs down. The work force has now been cut to 37,337 employees. That figure is almost 4,000 employees lighter than it was just twelve months ago.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 5, 2009
Average gambling debt for Nebraska is a shocking amount
NE - The lottery has brought in more than $357 million... But at what cost? We were amazed to hear Monday that Nebraskans are racking up an average gambling debt of $26,722, An average gambling debt more than 50 percent of the average income in our state...
www.mccookgazette.com / October 7, 2009
Bucking national trends, New York gambling revenues rise
NY - Although gambling revenues are on the decline nationally, New York's lottery and video-gaming venues are outpacing last year's sales, state records show. Figures in New York show that traditional lottery sales -- such as instant games and Lotto -- grew from about $3.4 billion to $3.5 billion this year, up 3.1 percent. For the eight video-lottery facilities, revenue was up 4.5 percent -- from $492 million to $514 million. The lottery is looking at adding electronic table games at the gaming facilities, while Gov. David Paterson is seeking federal approval to allow Indian casinos in the Catskills.
www.theithacajournal.com / Albany Bureau / / October 8, 2009
Campaign committees form for both sides in St. Louis County smoking ban vote
MO - The ban would prohibit smoking in indoor public areas. Among exceptions are casino floors, bars that have incomes from food at 25 percent or less of gross income and operating when the proposed ban takes effect and smoking lounges at Lambert Field. If voters agree, the ban would take effect on Jan. 2, 2011.
www.stltoday.com / St. Louis Post-Dispatch / / 10.05.2009
Casino job creation questioned in study
OH - A constitutional amendment allowing casinos in Ohio's four largest cities would hurt other businesses and likely lead to a net job loss in those communities, according to a study released last week. Thomas Pascarella, professor emeritus of economics and management and one of the authors of the report written by the Public Policy Research Group at Hiram College, called the casinos plan a zero-sum gain. "There's been no growth, there's just been an exchange of money. ... There will be no need for a grocery store down the street (or) a new theater because the population is growing as a result of the casinos. In fact... just the opposite would seem to be the case."
www.auroraadvocate.com / / October 7, 2009
Compulsive gambler gives Ohio advice on casinos
OH - Art Schlichter is a complicated man who elicits simple reactions. Schlichter is the former Ohio State quarterback who, from 1994 to 2006, spent 10 years in 44 jails and prisons for illegal gambling. Over the next three decades "chasing," as he calls compulsive gambling, would cost him more than $1.5 million, along with his marriage and professional career. "Many times when I'd leave a casino, I'd drive around looking for a telephone pole," he says. "You felt like you wanted to die." The problem is that, by national estimates, at least 3 million people will walk into that casino -- or onto that racetrack or sit down to a wagering site on their computer -- and eventually risk and lose everything they have. And they will suck their families down with them.
www.zanesvilletimesrecorder.com / / October 8, 2009
Cons of casino gambling outweigh the pros
OH - Proponents of Issue 3 advertise the creation of over 30,000 new jobs from the opening of four casinos. These ads are funded by large, out-of-state casino operators who want to increase their market share in Ohio. The new jobs created by the operation of casinos do not factor in the job losses from neighboring restaurants, hotels and other entertainment venues. A Hiram College study noted that the passage of Issue 3 would result in a net loss of jobs in the vicinity around the casinos.
www.cantonrep.com / / Oct 06, 2009
Corzine will oppose VLT's at race tracks
NJ - Gov. Corzine says he can't imagine a scenario where he would approve... Video lottery terminals at... Racetracks... Casino executives... Opposed VLT's at racetracks, fearing they would eat into their revenues. Christie... Gubernatorial candidate... Opposes VLT's...
www.philly.com / The Associated Press / Oct. 10, 2009
Court In NY: Joe Frazier Can't Sue Tribe Here
NY - A federal appeals court ruled Thursday that former heavyweight boxing champion Joe Frazier cannot sue the Oneida Indian Nation over the use of his picture to promote a fight at a casino because of the tribe's sovereign status. Frazier, listed in court records with the alias "Smokin' Joe," will have to take his dispute with the operator of the Turning Stone Casino to the tribe's own court. Frazier has never let anyone use his likeness to promote commercial gambling. Frazier could not sue the tribe in federal court because of the tribe's sovereign status.
www.kmbc.com / Associated Press / / October 8, 2009
Court Says California Must Allow Tribal Casino Gambling Expansion
CA - The US Ninth Circuit Court of Appeals upheld a District Court decision that forces California to accept the rights of Indian tribes to incease total numbers of slots at tribal casinos. The new ruling means 10,000 more gambling machines can be installed without tribes having to pay hefty new casino taxes the state demanded.
www.onlinecasinoadvisory.com / / October 4, 2009
East St. Louis Mayor Bans Sales Of Alcohol After 1:00 AM
IL - Two people are dead after another night of violence near East St. Louis night clubs. The mayor has ordered all clubs and liquor stores to stop selling alcohol after 1:00am. Mayor Alvin Parks suspended the liquor licenses of all three clubs and halted liquor sales city-wide after 1:00am. The Casino Queen is exempt.
www.fox2now.com / FOX2now.com / / October 4, 2009
Electronic Table Games On Their Way To Florida Casinos
FL - Coming soon to Florida will be blackjack, keno and roulette themed slot machines as a result of a settlement between Florida regulators and a collective of Bally Technologies, IGT, Shuffle Master and a Florida racino property, Gulfstream Park, according to FloridaGamingWatch.com. The Florida regulator and the parties settled the matter in exchange for allowing blackjack, keno and roulette-themed games into the state.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 10, 2009
Experts split on recession's effect on addictions
NH - Health experts and those who help people overcome smoking, alcoholism and gambling addictions say they're divided over the recession's impact on addictive behavior. Keith Whyte, executive director of the National Council on Problem Gambling in Washington, D.C., said his group doesn't have any firm data that would tell them if more people are turning to gambling as a way to cope with the recession. "My sense is the impact is more on the folks who are already having an issue," said Whyte, whose group has chapters in Maine and Vermont. He said people who are problem gamblers who have lost their jobs or may be on the brink of losing homes may turn to gambling as a quick fix. Many states make it hard for problem gamblers to overcome their addiction because they either promote the expansion of casinos and slot machines or they do not put enough resources into helping people address their problem, Whyte said. Also, most health insurance companies don't cover treatment for pathological gambling, he said.
www.citizen.com / / October 4, 2009
Fairmount Park hopes for edge in fight for local gambling dollars
IL - The Collinsville horse-racing track has been entrenched in a fight for local gambling dollars since 1993 as riverboat casinos have taken root and posed stiff competition on both sides of the river. This has taken away from the Fairmount Park purses, which have decreased in recent years. Illinois does not allow tracks to have slot machines to help supplement prize winnings. Brooks, executive director of the Illinois Horseman's Benevolent and Protective Association in Collinsville, said he and his group have lobbied for gaming for the past six years. But he believes that the state will relent and permit in-track gaming. Fairmount Park also has established an affiliation with online wagering site... Fairmount Park will receive a cut of the profits from any bet placed in Illinois through the company's Web site. Arlington Park, Hawthorne Race Course, Balmoral Park and Maywood Park -- are each affiliated with other online wagering sites,
www.bnd.com / News-Democrat / / Oct. 05, 2009
Gambling debt nears $27,000
NE - If you can answer "yes" to these two questions, It's time to rethink how much you're gambling: 1. Have you gambled more than you intended? (You took $40 to the casino but spent $80) 2. Have you lied to anyone about your gambling? A newly released report from the Nebraska Gamblers Assistance Program lists the average gambling debt of 250 people who sought gambling-treatment services in the last fiscal year at nearly $27,000. "We've had years where people came in and the average person had $90,000 in debt,"
www.omaha.com / WORLD-HERALD / / October 7, 2009
Guess what? The 'education lottery' is coming up short
OK - The state lottery will generate less money for education than it did this year. Its governing board thinks the answer is to give a lower percentage to education and generate bigger payouts. In 2011, state education - that's common education, higher education and anything else that passes for "education" - will get $64 million from the lottery. That's about $2 million less than what is estimated from 2011 and more than $4 million less than 2009. Didn't former State Sen. Brad Henry promise $500 million in revenue for education before he became governor? I think that's correct. As governor, Henry predicted revenues of $300 million a year. That was one of the strong selling points for passage of a lottery. If you add those figures up, it means that lottery players - mostly Oklahomans - have ponied up more than $800 million to get less than $300 million for education. And study after study shows, you really don't want to win a million dollar lottery. It wrecks your life. Old friends, previously unknown relatives and people ready to sue rich people come out of the woodwork. They want to be your best buddy, your new investment partner or the latest object of your philanthropy. They can bug you to death.
www.tulsabeacon.com / / October 8th, 2009
Hoping to cash in on gambling
IL - Illinois Gov. Pat Quinn signed the Video Gaming Act in July. In addition to legalizing the machines, taxes taken from them will help fund Illinois's Capital Plan. Under the new law video poker machines will be allowed in places that serve liquor, veteran halls, truck stops and some fraternal clubs. Although some of these organizations already have video poker machines which don't pay out, the bars will be required to get rid of those and, if interested, will be required to go through a licensed amusement operator. The only sticking point, however, might be the price of the video poker machines. Currently video poker machines cost $1,200 to $2,500, but the new state certified machines are predicted to cost from $12,000 to $15,000.
www.beloitdailynews.com / / October 8, 2009
Just say no to casinos
IN - Industry executives are begging for tax breaks for casinos and horse tracks. The riverboats want an option for land-based casinos so they can move off the water to better locations. The recession has hit the gambling businesses as it has many others. A Michigan casino is cutting into Lake County riverboat revenue. The higher taxes reflect the toxic nature of the industry. Addictions lead to more crime and a breakdown of families. State leaders are reluctant to let gambling enterprises go into bankruptcy because government has its own addiction -- to the tax money generated by casinos.
www.indystar.com / October 9, 2009
Justices Are Skeptical of Ban on Animal-Cruelty Videos
DC - A majority of justices on the Supreme Court expressed concerns about a law banning depictions of cruelty to animals, in a spirited debate about the extent of government power to suppress speech. The new session of the Supreme Court opened with a battle over the First Amendment. WSJ's Jess Bravin describes a case before the high court on whether images of dog fighting are protected under freedom of speech. Justice Scalia repeatedly criticized the government's effort to liken animal cruelty videos to child pornography -- which, like other forms of obscenity, receives no First Amendment protections under earlier court decisions. In the only successful prosecution under the law, a Virginia man, Robert Stevens, was convicted for compiling and selling dog-fighting videos. In a friend of the court brief signed by 26 states, law enforcement officials said the federal law had augmented their own efforts to fight animal cruelty, arguing that dog fighting and similar endeavors were often associated with gambling, drug activity and other crimes.
online.wsj.com / / OCTOBER 7, 2009
Lawmaker Suggests Gambling Money For New Vikings NFL Stadium
MN - The NFL has claimed for years that they are anti-gambling, but again on Monday there was proof of how the league and gambling go hand in hand when it comes to generating revenue. A lawmaker in Minnesota is proposing slot gambling as a way to help finance a new Vikings stadium. Originally, Hackbarth wanted to create a constitutional amendment that would have brought a casino to Minnesota to pay for the stadium. His latest twist, however, is to expand the gambling options at horse tracks in the state. Critics have now argued that the NFL has a double-standard when it comes to gambling. These critics believe that the NFL's anti-gambling message has lost some of its value when the league agreed to partner with the state lotteries.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 5, 2009
Massachusetts Casino Gambling Deemed "Inevitable" By Senate Pres.
MA - Senate President Therese Murray... Claims that casino gambling in the state is "inevitable." Governor Duval Patrick took office with the plan of bringing casino gambling to Massachusetts... Patrick also has the support of Murray...
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 9, 2009
Md. panel OKs 1,000 more slots at proposed venue
MD - Penn Cecil, a subsidiary of Wyomissing, Pa.-based Penn National Gaming... Submitted an extra $6 million in licensing fees last week for the Perryville site at Interstate 95 and Route 222. Up to 2,500 slot machines are allowed at the site under state law.
www.forbes.com / Associated Press / / 10.07.09
Mich. eyes horse tracks, Lottery for more money
MI - One idea would let horse tracks install machines so customers can bet on previously run races at other tracks. The other idea is having the Lottery use new pull-tab machines in bars and restaurants. Opponents say the devices look too much like slot machines...
www.forbes.com / Associated Press / 10.08.09
Mich. negotiators pass K-12 schools budget
MI - The Michigan Legislature voted late Thursday to cut public school funding by the equivalent of $165 per student in the current academic year. The House Appropriations Committee also explored whether horse tracks and the Michigan Lottery could be a source of more money to help with the budget deficit. It may vote later to spend $20,000 to study two gambling options: one letting horse tracks install machines so customers can bet on previously run races at other tracks; the other having the lottery use new pull-tab technology in bars and restaurants. Opponents say the pull-tab machines look too much like slot machines, while supporters testified they are the same game the lottery now has -- just electronic. If the gambling plans are adopted, they likely will draw lawsuits. A 2004 state constitutional amendment requires most new gambling operations be approved by voters at both state and local levels.
www.google.com / Associated Press / / October 8, 2009
More Tribal Casino Gambling Licenses To Be Issued In California
CA - Governor Arnold Schwarzenegger of California has made no secret of the fact that he believes casino gambling can be a great tool to help build the state's economy. The 9th US Circuit Court of Appeals decided against a delay of an order that forces the state to hand out the licenses. In other states, casinos have closed their doors and even in California casinos have laid off workers during the recession.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 4, 2009
More than 3,000 additional slot machines coming to California casinos
CA - Indian casinos in California will be allowed to add more than 3,000 new slot machines, a state commission decided. Gaming commission agreed to the new slot machines after a federal court ruled that some Indian casinos were due them under contracts...
latimesblogs.latimes.com / / October 6, 2009
Nevada gaming revenue declines 9.3 percent
NV - Nevada recorded its 20th straight decline in statewide gaming revenues during August, A 9.3 percent decline compared with $934.1 million won in August 2008,
www.casinocitytimes.com / / 8 October 2009
New Illinois Casino Construction To Begin In March
IL - There is a new casino going up near O'Hare International Airport... The economy in the US has stalled many casino projects, but Bluhm claims to have the investors lined up for the Illinois project. Midwest Gaming is on the hook for $125 million once the casino is built...
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 7, 2009
New players ante up despite drop in state gambling revenue
CA - Most casinos in Northern California will see revenue drop this year for the second year in a row, and continue to deteriorate through the first half of 2010,
sacramento.bizjournals.com / Sacramento Business Journal / / October 2, 2009
No Video Gambling For Unincorporated Cook County
IL - The rally [jobs] fell short of succeeding, however, after the Cook County Board voted in favor of a ban on the machines for unincorporated Cook County. Cook County became the latest location where video gambling will not be legal. Proponents. Claim that Gainer is protecting the casino interests by keeping the video gambling out.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 7, 2009
No date yet for poker rooms at greyhound track
FL - Poker rooms at the Pensacola Greyhound Track will be built, officials said. They just don't know when. Schlikin said that since the Poarch Band of Creek Indians purchased controlling interest in the track earlier this year, a new corporation must be formed and approved by Florida gaming officials.
www.pnj.com / / October 8, 2009
Nonprofit plus elected officials? No dice
PA - WE'RE ALL for reforming the state gaming act to close the stairway-to-corruption loopholes of the original legislation. For instance: No, casino owners and those subject to Gaming Control Board oversight should not be able to make campaign contributions. No, board members should not have outside employment, and felons should be banned forever from getting gaming licenses. Let's start with the obvious: Elected officials with close relationships with lucrative nonprofits is not a great idea. Lawmakers are prohibited from actually writing checks, but they know very well how to exert their influence over such boards.
www.philly.com / Oct. 7, 2009
On Track for More Gambling?
US - If Kansas authorities approve, International Speedway would follow the lead of companies that feature horses rather than horsepower, such as Churchill Downs. Downs is pursuing more dollars... By installing slot machines and video poker at tracks or building casinos next to the tracks themselves. International Speedway wouldn't be the first public company to mix auto racing and gambling. Dover Downs Gaming & Entertainment... Operates a harness track/casino next to Dover International Speedway, which is owned by Dover Motorsports... This is even further evidence that racing companies see the urgency and need for gambling to add value to their businesses.
www.fool.com / / October 9, 2009
Online horse betting could be legal next week
IL - The Illinois Racing Board is scheduled Tuesday to weigh giving three companies state licenses to handle online bets. If those companies are approved Tuesday, gamblers could use the approved Web sites to wager on horses from the comfort of their own homes as early as Wednesday. Lawmakers approved legalizing and regulating online horse betting. When the gambling sites are regulated, the Illinois horse racing industry gets a cut of the bets. Opponents of online horse betting, though, argued letting people gamble online could lead to addiction and other problems.
www.pantagraph.com / / October 7, 2009
Pa. budget pieces start to fall into place
PA - The final building blocks of a $27.8 billion state budget were moving into place yesterday as Pennsylvania marked its 100th day without a completed spending plan. A Senate committee advanced legislation yesterday that would impose a 14 percent tax on blackjack, poker, and roulette. Of that, 12 percent would go to the state and 2 percent to municipalities. The bill would also set a $15 million license fee for the big casinos. A dueling version in the House calls for a 34 percent tax and a $20 million up-front fee. A team of lobbyists representing the slots parlor was watching every turn of the measure. So are gambling opponents, especially in Philadelphia, where the proposed addition of legalized table games is causing a storm. "We're doing what we can to expose the bad public policy of expanding gambling at this time, when there's no ban on gambling contributions and when we see a table-games bill that expands rather than curtails predatory gambling," she (Gym, anticasino activist0 said. Lawmakers are also divided over another controversial element in the House version of the bill. It would allow smaller "resort" slot parlors, including one planned for the Valley Forge Convention Center, to operate up to 1,500 slot machines. That's triple what the current slots law allows.
www.philly.com / INQUIRER / / Oct. 8, 2009
Pa. casinos threaten suits if mini-casinos expand
PA - They will sue for a return of their $50 million license fees if the state lets miniature "resort" casinos add more of the machines. They would view such an expansion as a breach of their original agreements with the state.
www.forbes.com / Associated Press / 10.07.09
Pennsylvania Casino Revenue Up Thirty Percent In September
PA - The state of Pennsylvania added a new casino, Rivers Casino in Pittsburgh, in August, and the casino has helped increase revenue for the state. State casino revenue was up almost thirty percent in the month of September.
www.casinogamblingweb.com / CasinoGamblingWeb.com / / October 4, 2009
Pennsylvania casino operators leery of tax
PA - "While Pennsylvania's 55-percent gross tax rate is in line with most states' racetrack-casino taxes, The state Legislature is considering proposals to legalize table games with tax rates from 12 percent to 34 percent, which is closer to the range of tax rates for stand-alone casinos in other states. Table games license fees of up to $20 million.
www.casinocitytimes.com / 7 October 2009
Politicians work hard if motivated
PA - The story said the Pennsylvania House of Representatives was slaving away for hours in an ''unusual Sunday session'' on a bill to legalize table games in gambling casinos, which now are allowed only slot machines to bilk their customers. (You can lose only a few dollars at a time at the rigged slot machines. At table games, such as craps or blackjack, you can flush your money down the casino drain faster and in bigger chunks.) The Harrisburg crowd, including the Pennsylvania Supreme Court, will do anything the casino coterie wants, from the flagrant violation of the Pennsylvania Constitution to enact casino legislation in the first place, to creating a regulatory system that's so lax it's a joke. According to Common Cause, the gambling industry showered $4.4 million on political candidates during the time those initial measures were being considered.
www.mcall.com / themorningcall.com / / October 7, 2009
Rendell signs Pa. budget, ends 101-day stalemate
PA - The budget agreement cuts spending by more than 1 percent to help resolve Pennsylvania's multibillion-dollar, recession-driven shortfall. Approval of nearly $700 million in discretionary funding for universities and other institutions is being held up in the House. Lawmakers must settle disagreements on a bill to legalize and tax table games at slot-machine casinos.
www.kansascity.com / Associated Press / / Oct. 09, 2009
Report: Universities should focus on gambling addictions
US - Stephen McDaniel, a public health professor, said he once had a student who didn't show up to class for half a semester. It wasn't the flu or a cold. It wasn't mono either -- or anything the student could have gotten a sick note for. "Come to find out, he had been holed up in his room doing Internet gambling," McDaniel said. This university, like most in the nation, does not treat gambling addictions like a medical condition, but a study released last week by the Task Force on College Gambling Policies says they should. "Unlike other addictions, I mean, you can really get yourself in trouble very quickly, and when you hit bottom, typically you're broke, oftentimes resulting in stealing, embezzling, and it's just -- before you know it, it's taken control of your life," he said, McDaniel said college students today have unprecedented and potentially dangerous exposure to gambling.
www.diamondbackonline.com / October 8, 2009
Seniors & Gambling Problems
CA - Seniors are one of the fastest- growing groups of gamblers. Between 1974 and 1994, the percentage of seniors who "recently gambled" jumped from 20 to 50 percent. There are a number of reasons why seniors may be vulnerable to gambling problems. Senior citizens are often catered to by casinos, with bus transportation, free or discounted meals, special rewards and other prizes that attract older individuals. A 2006 New Jersey Study found that 23 percent of New Jersey residents over 55 had at least one symptom of a gambling problem. Gambling problems may also be evidenced by neglect of personal needs (food, utilities and medical),
www.castrovalleyforum.com / / 10/6/09
Software Blocking Online Gambling Erases Need for Federal Ban
US - An advancement in technology that precludes much of the argument for a federal prohibition of Internet gaming. Internet experts say the technologies available, which are in extensive use in Europe, allow parents to prevent access to online casinos sites as well as other adult offerings, making the move to use US law to ban Internet gambling the equivalent of using a tank to kill mosquitoes.
www.onlinecasinoadvisory.com / / October 5, 2009
Some Schools Ignore Gambling
MA - While many colleges have clear policies regarding alcohol and drug use on their campuses, most are finding themselves unprepared when it comes to handling students who face gambling issues, a recent study suggests. A 2005 study conducted by the Cambridge Health Alliance, an affiliate of Harvard Medical School, revealed that only 22 percent of schools have a written policy on "on-campus gambling," compared to 100 percent of schools that have an alcohol policy. While BC has a policy on gambling, some students said they are not aware of its existence. "I feel that the alcohol policy is well explained, but I feel that the students, myself included, do not know anything about BC's gambling policy," Muneeb Alam, A&S '12, said. McGowan said the reason many students begin gambling is because they have a copious amount of free time, much of which is spent on the Internet. Many times, McGowan said, gambling addiction can coincide with alcohol and drug addiction.
media.www.bcheights.com / / October 8, 2009
Stand-alone casinos oppose changes to resort casinos
PA - Three of Pennsylvania's stand-alone casinos are threatening to sue the state to get their $50 million slots license fees back if the Legislature allows smaller resort hotel casinos to triple their number of slot machines. Rivers Casino... SugarHouse -- said today that allowing the two smaller resort hotel casinos to have 1,500 slots, instead of the current limit of 500, would cause "immediate and irreparable harm'' to the four casinos. The casinos also said they will seek financial damages from the state in addition to the return of the license fees.
www.post-gazette.com / Pittsburgh Post-Gazette / / October 07, 2009
State lays odds on gambling's fortunes
IN - The people who brought gambling to Indiana under the promise that it would boost education and would enrich state and local government coffers are asking the state to cut them a tax break. And when gambling revenues did not provide the promised bonanza any given year to support education or economic development or the other enumerated local beneficiaries of gambling revenues, more gambling was permitted or new taxes were levied... Indiana... 38 percent... Casinos in neighboring states pay less, Illinois... 20 percent to 36 percent. Detroit... 21.2... That means cuts in gambling revenue would have to be made up either by raising general taxes, cutting state services, or both. Some deal, eh?
www.pal-item.com / October 7, 2009
States taking big chance on gambling revenues
FL - Gov. Crist wants a special session to get the Legislature to ratify a new gambling deal with the Seminole Tribe. The answer to that question may lie in a recent New York Times article suggesting that states may be reaching a "saturation point" in their attempts to collect gambling revenues in lieu of taxes. "Casinos and lotteries in most states are reporting a downturn in revenue for the first time, resulting in a drop in the money collected by state and local governments" the Times reported. "The data shows that states take a real chance depending on gambling because this revenue is not likely to keep pace with growing budgetary needs. A zero-sum gain as states compete for the same pot." Hence Gov. Crist's rush. Florida may already be nearing a saturation point. Recently, the Florida Lottery introduced vending machines in an attempt to keep milking a gambling cow that may already be running dry.... Gambling is ultimately a sucker's bet. The problem is, there may not be enough suckers to go around.
azdailysun.com / October 05, 2009
Vegas Casinos Fold on Expansion Plans
NV - LAS VEGAS -- After a six-year building frenzy that transformed this city, casino companies are shifting strategies dramatically toward slower growth, paying down debt and cutting back on spending. Many casino executives don't expect to break ground on another major building project in Las Vegas for at least 10 years. "The old model has been thrown out the window," says MGM Mirage... Chief Executive Jim Murren. For most of this decade, casinos embarked on a debt-fueled expansion, plowing more than $30 billion into casino and hotel projects around Las Vegas. When the economy collapsed, it left casino companies with dwindling revenues and mountains of debt. Several entered bankruptcy-court proceedings. MGM Mirage stock had lost 98% of its value and Las Vegas Sands stock had fallen 99% from its peak. Both have recovered somewhat since then. MGM Mirage is trying to work off its more than $12 billion in debt, while Las Vegas Sands is trying to reduce its more than $10 billion in debt.
online.wsj.com / / OCTOBER 5, 2009
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