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USA Today Poll Supports Online Gambling

Posted on: August 14, 2008

A recent USA Today poll shows a heavy support for online gambling, and many think it’s time to legalize it. With the economy in its current condition in the US, online gaming could provide some needed revenues for governments and social systems.

Recently Representative Jim McDermott made a proposal named HR 6501 that will aim to raise revenues for training and foster home funding through the legalization and taxing of online gambling. “What’s going on now is around the edges of legality in various countries of the world, and (bettors) aren’t sure where their money is going.”

He wants the money taken from online gaming to be invested into individuals that have spent time in the foster system; and others in declining sectors of the economy. After the legislation was introduced it was referred to the Committee on Ways and Means and the Committee on Education and Labor.

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Elvis is in the Building!

Posted on: April 9, 2008

Elvis is in the Building!

We’ve all heard of the king of rock and roll and only in America could it happen that they would theme an entire casino in the king’s honor. That’s right, Elvis will be everywhere in the building.

FX Real Estate and Entertainment have just announced plans for and 18 acre development on the Las Vegas Strip with the Elvis Presley theme. This project will be spending an estimated $3 billion to do the king proud. As well as a 2,269 room hotel to be built along with the casino there will be a second smaller hotel and various “Elvis” teamed shops as part of the over all complex.

This Elvis venture will start soon and this venture has also opened up the possibility of other themed casino ventures throughout the industry. The potential is enormous when you consider how this area of the industry may develop.

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Lawer Sues Casinos for $20 Million

Posted on: March 10, 2008

Lawer Sues Casinos for $20 Million

Arelia Margarita Taveras, 37, a once rising star of the New York legal community gambled away nearly $1 million USD. She now has lodged a $20 million lawsuit against 7 different casinos, claiming they had “a duty of care” to spot her compulsive behavior and intervene.

Beginning as a mode to relax Taveras soon found herself spending days at the tables. “They had a duty of care to me. Nobody in their right mind would gamble for four or five straight days without sleeping,” said the former lawyer, who once wrote a guide for women chasing ex-partners for child support.

According to her suit, she would play 7 hands of blackjack at once so she could have the entire table to herself, loosing money at $5000 an hour.

After loosing her apartment and her parents’ home, and being left owning nearly $60,000 in tax, Taveras said she contemplated suicide. She was disbarred last June after she admitted taking money from her client’s accounts. She has spent a year in clinics to treat her addiction and now works at a call center.

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