Gambling Bust

Gambling Bust in New Jersey Linked To Genovese Crime Family

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Organized crime has been taken a beating by police over the past few months. On Tuesday, another round of organized crime members were rounded up by authorities.

Police served warrants to forty two people with charges that range from money laundering, to racketeering. An illegal gambling ring was the initial target of the investigation.

In August, an investigation began into an illegal gambling ring that was being allegedly run by the Genovese crime family. The investigation lasted for seven months, and when it was complete, police began making the arrests.

The forty two people were arrested and charged with various crimes including money laundering, Distribution of narcotics, racketeering, and promoting gambling.

The gambling ring had four leaders. There were also numerous agents that were running individual betting packages. The agents were making a percentage of what gamblers in their package lost.

The troubling part of the arrests are the amount of government employees that were arrested in the sting operation. Three of them worked in the school system. The other two worked for Bergen County Parks Department, and Kearney department of Public Works.

While arrests have been made, the investigation continues and more arrests are possible in the case.

 

Australia High Court Rules In Favor of Online Gambling, Betfair

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Australia may have just opened the doors to full fledged online gambling in the country. An Australian High Court ruling was in favor of Betfair, a global online gambling agency.

Western Australia was trying to pass legislation that would have banned Betfair, but the High Court ruled against that legislation, in a decision that could open the door to widespread online gambling.

Not much can be done these days to keep people from spending their hard earned extra money gambling online. Several countries have loosened their stance on online gambling, with the U.S. on the verge of passing legislation to regulate the industry.

The High Court in Australia ruled that the ban on Betfair contravened section 92 of the constitution by imposing protectionist burdens on interstate trade.

The ruling means that Northern Territory bookmakers could soon be advertising in Victoria and NSW, according to gambling law expert, Jamie Nettleton.

The ruling also keeps the worldwide momentum going that has been generated for the online gambling industry. “It’s an inevitable consequence that they probably will be (allowed) in every state across the country,” said Barrie Fletton, Tatts Group Wagering Chief.

Gambling Bill

Gambling Bill Getting More Attention In Alabama Than Education

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A gambling Bill that was introduced by Senator Myron Penn, has brought to the forefront just how ugly the world of politics can get. The Bill has been stalled in the Senate for weeks, and is threatening to interfere with other issues.

The Governor of Alabama, Bob Riley, fears that if the gambling Bill issue is not resolved, the state runs the risk of the Bill getting in the way of other important issues.

There is a stalemate over the Bill, and it is causing the process of getting to the education budget, to slow down. “We’ve been debating a gambling bill since February and we’ll probably spend less than a day on our education budget, now that just doesn’t make sense,” said Riley.

The gambling Bill is also drawing attention to another problem that politicians have. They hold grudges. If their Bill’s are not passed, they then go on the offensive and take stances against other Bill’s. “If you kick my dog, I’m going to kick your cat,” said Penn.

The implication is that if his Bill does not get passed, him and other supporters of the gambling legislation will vote against any Bill’s from their opponents. That is where the United States is these days with politics.

Politicians voting along party lines, just to retain power. The good of the legislation is very rarely the issue. As the gambling debate rages on in Alabama, education takes a back seat.

Gambling at Bars

Gambling at Bars in Indiana Approved By Senate Committee

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Bars in Indiana have been fighting for the right to be able to offer certain types of gambling in their establishments. That idea became a little bit closer to reality after a Senate Committee vote.

A Senate Committee has voted in favor of allowing certain types of gambling in bars in the state of Indiana. The Bill that would allow for this form of gambling was sent to the Committee but had to be tweaked before they gave it the go ahead.

The Senate Committee changed the oversight of the bar gambling to the Indiana Alcohol and Tobacco Commission. That will be instead of the Indiana Gaming Commission being responsible for overseeing the gambling.

Now that the committee has approved the Bill, it will be sent to the full Senate to be approved. If the Senate gives the O.K., the new form of gambling in bars would then go into law.

Pull tabs are the main gambling form that bar owners have been lobbying for. These tickets are similar to scratch off lottery tickets, but instead of scratching, a person pulls a tab to find out if they have won. The tabs come in boxes of 1,000 or 2,000 cards, and each one must pay off seventy five percent.

The other change that was made by the committee has to do with where the taxed money would go. It will now go to the state government and not to local governments.