Las Vegas

Las Vegas

Las Vegas Sands Corp. Loses $43.3 Million In Judges Ruling

Play Marvel Slots at Playboy Casino!

The Las Vegas Sands Corp. learned a tough lesson on Saturday. A Hong Kong man was awarded $43.8 million from a judge for his part in helping the Sands Corp. open their casino in Macau.

The company used the help of Richard Suen to obtain their gambling license in Macau. He helped them gain their license, and once they opened up their casino, they paid Suen nothing.

He received his piece on Saturday, however. The judge ruled that the Sands Corp. would have to pay Suen $43.8 million for his role in helping the company. The company now has two properties in Macau, with plans for ten more.

Attorneys for the Sands Corp. argued that their client did not owe the money because Suen reneged on his end of the deal. They say that he was supposed to help company executives in 200 and 2001, and that he did not follow through.

The judge, while siding with Suen, did not award the money that he was suing for. He had wanted $100 million, but the ruling came down with him only getting a little over forty percent of what he was seeking.

An eight person jury began deliberations in the case on Friday. The ruling came down just twenty four hours later.

Employee Jailed After Stealing Gambling Lottery Tickets

Play Marvel Slots at Playboy Casino!

Lottery gambling tickets are a way for people to make quick cash. The tickets can pay all the way up to $1 million. Most, however, pay off in the range of $5 to $1,000.

The lure of the money sometimes makes employees at locations that sell the tickets envious of winners. By constantly cashing the winning gambling tickets for customers, the employee can see how much can be won.

One employee from a Winn Dixie supermarket was overly enticed by the winning tickets she was cashing. Heather Michelle Wright, 18, of Mulberry, was arrested and charged with stealing $600 worth of lottery tickets from her employer.

Wright took the ‘Gold Rush’ tickets. They sell for $20, and have many winning $500 tickets to go along with other winning denominations. Wright then took the stolen tickets and cashed the winning ones at various convenience stores around town.

Wright was free on $1,000 bail on Friday. She did not reveal how much money she actually won from the tickets, and authorities did not know the amount either.

Customer service representatives such as Wright deal with lottery tickets all day long while on duty. Stores such as Winn Dixie do large volume amounts of lottery ticket sales, and once in a while, the service representatives try and steal some of the tickets.

Problem Gambling

Problem Gambling

Lack Of Problem Gambling Program At Center Of Arkansas Lottery Bill

Play at Golden Casino

The state of Arkansas has been receiving money from gambling avenues for quite some time now. Although they have taken the tax money from these gambling establishments, they have done nothing to ensure problem gamblers have a place to go for treatment.

In November, voters approved a state run lottery. Previously, Arkansas had been one of the few states that did not have a state lottery. They did, however, have other forms of gambling such as pari-mutuel and electronic machine betting.

While the new Bill is being drafted to deal with the lottery, House Speaker Robbie Wills claims that money will be used from the lottery to finance problem gambling treatment.

“We have a provision in here that will take a portion of the unclaimed prize money…and we will direct that to the Department of Health to contribute to the programs they have to treat compulsive gambling disorders,’ said Wills.

The only problem with that is there are no such programs within the Department of Health in the state. “That may be where the Bill is going in the future, but we don’t have those programs set up now,” Health Department Spokeswoman Ann Wright told The Morning News of Arkansas.

While the state claims that there are counselors who are trained to deal with gambling addiction, others believe that problem gambling is an addiction that needs individual attention.

“Of course counselors can de4al with any form of addiction, but that does not mean that they understand the specific problems related to gambling addiction. For the House Speaker to not know that no specific problem gambling programs exist in a state that has legally allowed gambling, it is shocking,” said observer William Narbendie.

The Bill would call for a minimum of $200,000 going to help problem gambling, but with no programs in sight, many are left to wonder where that money will, or has, gone.

The Department of Health has acknowledged that they have received funds for problem gambling. They have used that money to fund addiction treatment in local community health centers. It still does not answer the question of why there is no specific treatment programs for problem gamblers.

Programs are available to Arkansas but have not yet been tapped as resources. The National Council on Problem Gambling has affiliate groups in many states, but as of now none of them are in Arkansas.

“It is important that if these lawmakers are going to continue to create a Bill that involves expanded gambling, then they need to first do their homework. The House Speaker and anyone else involved in this process need to explore how they can set up help for potential problem gambling situations before they expand gambling in the state through a lottery,” said Narbendie.

Casinos in Massachusetts

Casinos in Massachusetts

Labor Union and Governor Patrick Team For Casinos in Massachusetts

Play at Golden Casino

Governor Deval Patrick of Massachusetts has received criticism for putting casino revenue money in the budget that ends in 2009. One group has sided with the Governor on the issue.

The Massachusetts AFL-CIO, a powerful local labor union has joined forces with the Governor. They are trying to get legislators to vote on a proposal from Patrick.

“Most people in this commonwealth are aware of the fact that we are a very politically able organization,” said Robert Haynes, the President of the labor union.

The union is joining the fight because of the potential impact that casino gambling could have on the state. It is projected that between 20,000 and 30,000 permanent jobs could be brought to the area from casino expansion. That does not even count the temporary jobs that would be created for the building of the casinos.

“We have over the years been rather successful in electing candidates to office…that share our values and principles, …we are going to use our political strength and our political programs in the legislative process now,” said Haynes.

The majority of their efforts will go towards getting lawmakers to take a vote on the Patrick proposal

Antigua and Barbuda Hoping For Better WTO Result This Time

Play Now with Playboy Bunnies!

The first arbitration hearing held was a disappointment for Antigua and Barbuda. They were seeking $3.4 billion from the United States in a remote gaming dispute. They received an award of only $21 million.

An arbitrator only awarded them that money based on the idea that they were only to be compensated for horse racing, and not all online gaming.

They feel more confident this time around. They have filed a second notice last month. They believe that the outcome of the first arbitration will not affect how the second one will end up.

“It is pretty much the opinion of WTO experts and other country delegations that limiting the damages to horse racing was completely wrong and the experts I have spoken to believe that that ruling will not be followed because it is so completely wrong,” said Attorney for Antigua and Barbuda, Mark Mendel, in an interview with the Antigua Sun.

The United States has made no effort to pay the compensation, and that is if they are intending to pay at all. Mendel believes the U.S. is just drawing out the process. “The reality is that they are just using the process as much as they can to try to extend things out and make things more difficult on us, as they are entitled to do, but we just have to be prepared for that and soldier on,” said Mendel.

The process for the second arbitration could take a while. It could end up being another six months before the new arbitration ruling comes down.