Headlines: Poker, Law, and Politics (12/05/06)

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articles:
Looking In On: Washington (Las Vegas Sun, 12/04/06)

Las Vegas Sands Inks Deal With Cantor Gaming To Launch Online Gaming Site To Serve UK Market (RealTimeTrader.com, 12/04/06)

Wagering hit record in 2005 (Kansas City Star, 12/05/06)

Increase Reported In Teen Gambling (WFRV.com, 12/04/06)

Catching Up With Barry Greenstein (Poker News, 12/01/06)

media:
Gambling On the Rise Among Teens (WFRV.com, 12/05/06)

excerpts:
Looking In On: Washington (Las Vegas Sun, 12/04/06)
“They like to think of it as the green felt revolution – the upset defeat of Iowa Rep. Jim Leach, father of the Internet gambling ban, in last month’s congressional election. Leach had been in online gamblers’ sights ever since Congress passed the ban as one of its final acts before the Nov. 7 election. Stunned by the new law, the Poker Players Alliance rallied members to take their outrage to the polls and cast ballots against those who voted for the ban.”


Las Vegas Sands Inks Deal With Cantor Gaming To Launch Online Gaming Site To Serve UK Market (RealTimeTrader.com, 12/04/06)
“Commenting on the deal, Bill Weidner, president and COO of Las Vegas Sands said, “As the internet gaming landscape continues to evolve this effort will put us in a strong position to evaluate and react to other potential opportunities.” Reports indicate that of the estimated $12 billion in annual revenue generated by online gambling in 2005, about 50% was contributed by American players.”

Wagering hit record in 2005 (Kansas City Star, 12/05/06)
“Americans gambled away $83.6 billion dollars in 2005. That’s up 6.1 percent over 2004, according to an annual report by Christiansen Capital Advisors for International Gaming & Wagering Business…Christiansen said the long-term effects of this year’s U.S. crackdown on Internet gambling are not clear. The only sure thing, he said, is new federal legislation barring cash and credit transactions with online casinos will prevent any U.S. companies from sharing in the global cyber-gambling bonanza.”

Increase Reported In Teen Gambling (WFRV.com, 12/04/06)
“Gruber says that, when she asks how many play poker or gamble on a regular basis, it’s usually 75 to 85 percent. She says those games of chance will just be a fun pastime for most teens. But she says it can become a problem for a small percentage.”

Catching Up With Barry Greenstein (Poker News, 12/01/06)
“It will indirectly. The online sites were the deep pockets that were financing the poker boom. Not because they were putting people in tournaments, but because they were the number one advertisers for poker programming. If that money stops flowing, we will see less poker on television and less interest from the general public.”

media:
Gambling On the Rise Among Teens (WFRV.com, 12/05/06)

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