BJ21.com Newsletter
February 22, 2007                                0708

Compiled by Al Rogers
 Al@bj21.com


Neteller blames job cuts on U.S. gambling crackdown


Neteller, the online payment processing group, will trim about 250 jobs at sites in Canada and the U.K.

NETELLER Press release regarding downsizing and employee layoffs

As a result of the Group's voluntary withdrawal from the US market, the Group has substantially completed the necessary reorganisation and restructuring of its operations to reduce its headcount and align related costs with anticipated revenues of its worldwide business.


PPA aims to change unfair gaming laws


During the midnight hours as the Senate was preparing to adjourn for the elections, the Port Security Act was passed. Senator Bill Frist attached the Unlawful Internet Gambling enforcement Act (UIGEA) to Port Security Act. Most of the senators had voted and left the Senate floor, their knowledge of the attachment is questionable.

Harrah's, MGM Gain Clout With Early Nevada Caucus

The companies see a chance to lobby potential presidents to support a study of legalizing Internet gambling, which is currently banned; on immigration, to give undocumented workers already in the nation a path to citizenship; and to block any move to outlaw betting on college sports. The companies also want to assure that anti-terrorism laws don't keep foreign visitors from coming, and spending.

Revenue Drop Vexes Atlantic City Casinos

But for the first time, annual revenue from Atlantic City's casinos could decline in 2007. The industry faces increased competition from slot machines in neighboring states, new restrictions on smoking and the closing of one casino.

Thanks to Green Chip member Toddler for providing this link.

Both sides trade barbs in dealers' union fight

A union drive at city casinos is starting to sound more like a nasty political campaign, with each side accusing the other of using intimidation tactics and dirty tricks.

NJ Seeks Complete Casino Smoking Ban


Unhappy with a partial casino smoking ban recently approved by Atlantic City, state senators on Wednesday moved to completely prohibit smoking in the city's 11 casinos by expanding a state law banning smoking in most public places.

Jeff Simpson on why Binion's is likely to go on the block - or worse, close

A minor casino news story last week has big implications for a landmark Las Vegas casino.

Shuffle Master Bets On RFID Poker Chips

Casinos have sought in vain to accurately track table game bets and rate a player's wagering tendencies - until now. Shuffle Master has acquired two RFID patents that will allow them to track every chip on the table.

Thanks to Green Chip member Tony Dalben for providing this link.

House OKs table games bill ...


Games like poker and blackjack are one step closer to becoming a reality in West Virginia’s Eastern Panhandle, following a vote Friday by the House of Delegates to permit table games at four racetracks throughout the state.

... Table-gambling industry wants its taxes lowered

State senators are expected to take up a bill to legalize table games at West Virginia’s four racetracks this week, and industry lobbyists hope they will scale back what would be the nation’s highest tax rate for casino gambling.

New York-to-Atlantic City train may bypass New Jersey stops

New Jersey's gambling mecca will soon be more easily accessible by rail - just not if you live in New Jersey.

Experts foxed by Hard Rock deal

Wall Street analysts freely confess they don't understand how all the moving parts of Morgans Hotel Group's acquisition of the Hard Rock Hotel & Casino intermesh. As for Morgans, its joint-venture partner DLJ Merchant Banking Partners (a subsidiary of principal lender Credit Suisse First Boston), and its casino-management company, Golden Gaming ... well, they're not talking.

Renovations are fueling Aladdin's identity change to Planet Hollywood


The Aladdin will soon fade into the long line of old Strip property names that live on in name only.

Regulators OK planning for new Natchez casino


The Mississippi Gaming Commission has approved site planning for a new casino in Natchez.

Atlantis sets quarterly, yearly revenue records

Monarch Casino & Resort, which owns the Atlantis in south Reno, reported record revenues from all major departments to cap off 2006.

Few casinos target Hispanic market

But unlike just about every other billboard in town, Terrible's Rail City Casino is promoting its "gratis" offer in Spanish.

Three-ring circus of a weekend -- NBA events, Chinese New Year, holiday combine to keep casinos hopping


Last weekend's triple whammy on the Strip -- the National Basketball Association's All-Star Game, Chinese New Year and Presidents Day Weekend -- brought large crowds but may not have translated into the overflowing casino cash boxes that operators had expected.

Richland Casino Closes Its Cardroom

Joker's Casino & Sports Bar closes its gambling business this week. It's the second Tri-City cardroom to close in seven months.

February special on sports books --  Ten percent discount during the month of February on  these books from the SharpSportsBetting.com catalog:
Sharp Sports Betting by Stanford Wong
The Unemotional Football Bettor by Scott Kellen
Win More -- Lose Less! by Don Peszynski
        
To order, click here    In the Notes and Comments section of the order form, enter NL FEB and 10% will be deducted from the cover price(s) at the time the order is filled.  BJ21.com Green Chip members will get 10% off in addition to their normal 10% discount.


Beat the Players - Casinos, Cops and the Game Inside the Game, by Bob Nersesian

This 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 aforementioned.

Bob 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.

Chapters 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.

Appendices include Nevada Cheating and Detention Laws with Commentary; Other Nevada Gaming Laws of Interest; Gaming Cases of Interest, and Nevada Gaming Regulations with Commentary.

The 320-page book includes a bibliography and an index.

The price is $19.95 plus shipping (plus sales tax if sent to a Nevada address). Green Chip members get their normal 10% discount.

To order Beat the Players, click here

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