Poker Online and Video Poker -Online Poker News

Downtown Casino: Binion's Deal Still Unsigned - 2004-01-18
Harrah's spokesman Gary Thompson verified that at
least one company executive involved in the discussions spent part of Friday at the Horseshoe.

Sources said Thursday that Harrah's, which has tentatively agreed to buy the hotel-casino for an estimated $50 million, mostly in the form of assumed liabilities, said it gave Behnen a definitive agreement Tuesday, but she had not signed or responded to it.

However, Behnen's lawyer for the sale negotiations,
Jerome DePalma, said Friday that talks have been continuing and progress is being made.

Thompson said Harrah's just wants to conclude a definitive sales agreement "so we can get the deal done, get the casino reopened and start marketing the World Series of Poker."
Read the full story at GamblingMagazine.com

Australian Labor Party Targets Gaming Cash Outlets - 2004-01-18
A federal Labor government could use Commonwealth power over the placement of automatic teller machines as part of a national effort to fight excessive gambling, the Opposition
Leader, Mark Latham, has indicated.

Mr. Latham, who believes much more must be done to solve the problem, said another federal weapon was control over the Internet.

Mr. Latham also said he did not want to see states become "over-reliant" on gambling revenue,
"knowing this might be something that weakens their resolve" to combat the problem.

"I want to have a look at their finances in detail." In some areas, states had taken good initiatives to combat the problem. As an example, Mr. Latham praised NSW for capping poker machine numbers.
Read the full story at PokerMag.com