JMBet

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

LAS VEGAS, July 30 /PRNewswire-FirstCall/ — Bally Technologies, Inc. , a leader in slots, video machines, casino management systems, and networked solutions for the global gaming industry, today announced that the Seminole Tribe of Florida will implement Bally’s TableView table-rating and player-tracking system at its six casinos in south Florida.
Bally’s award-winning TableView allows Seminole casino staff to enter player ratings, request chip fills and credits, and issue customer comps and markers in real time.
The groundbreaking Seminole Tribe of Florida has already implemented the system on 70 tables at the Seminole Hard Rock Hotel & casino in Hollywood, with plans to ultimately offer TableView on more than 400 tables across six Seminole properties.
Bally’s TableView technology, which recently was recognized by casino Journal as one of the top two ‘Most Innovative Gaming Technology Products of 2007,’ will seamlessly integrate with the Seminole’s high-speed, Ethernet Networked Floor of the Future, which already includes Bally’s comprehensive casino management system, bonusing technology, and iVIEW(TM) interactive player-centric network.
“We did an extensive evaluation of TableView and other vendors’ technology prior to making a commitment to Bally,” said Seminole Gaming Chief Operating Officer John James. “Our users unanimously agreed that TableView is far more user-friendly and is based on solid, current technology. And TableView is a perfect complement to our existing operations because it fully integrates with our Bally casino management system, protecting and enhancing the investment in technology that we’ve already made.”
TableView will allow the Seminole Tribe to track table-game play in a paperless fashion and ensure that their table-game players get the same recognition and rewards as their slot players. The standalone application allows floor operations staff to use touch-screen devices to enter real-time player ratings, request chip fills and credits, open and close tables, issue player comps and markers, and change/roll the table shift. TableView also provides casino personnel with secure and instant access to vital table accounting and financial data.
“We’re delighted to strengthen our partnership with the Seminole Tribe of Florida and provide their industry-leading operations with the most cutting-edge table-rating system,” said Ramesh Srinivasan, Executive Vice President, Bally Systems.
“We are very fortunate to have a large number of casino operations using a Bally casino management system, and our TableView system is a natural extension to these systems,” Srinivasan said. “Our customers have been asking us to provide this comprehensive and integrated functionality, and their requirements have been the primary driver of TableView. We foresee that demand for this product will only continue to grow as casinos seek to increase customer service and run their pits more efficiently.”
About Bally Technologies, Inc.
With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally’s product line includes reel-spinning slot machines, video slots, wide-area progressives and Class II, lottery and central determination games and platforms. As the world’s No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow casino in Vicksburg, Miss. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit .
About the Seminole Tribe of Florida
The Seminole Tribe of Florida operates Seminole Hard Rock Hotels & Casinos in Hollywood and Tampa, Fla. Five other Seminole Casinos are located in Coconut Creek and Hollywood, Fla., as well as in Immokalee, near Naples, on the Brighton Reservation northwest of Lake Okeechobee and on the Big Cypress Reservation south of Lake Okeechobee. The Seminole Tribe pioneered Indian Gaming with the opening of a high-stakes bingo hall in Hollywood in 1979.
This news release may contain “forward-looking” statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today’s date.
Investor Contact: Robert Caller Media Contact: Laura Olson-Reyes
(702) 584-7982 (702) 584-7742

Bally Technologies, Inc.

Filed under: Gambling by admin - No Comments →

PAUMA INDIAN RESERVATION, Pauma Valley, Calif., July 28
/PRNewswire/ — The Pauma Band of Luiseno Indians announced a Memorandum of Understanding (MOU) with the County of San Diego. The agreement provides financial contributions to the County to be used primarily towards quality of life improvements for County and Tribal residents. The money will also be used to mitigate the possible impacts of the Tribe’s new destination casino resort. The agreement is in accordance with the state of California Tribal-State Gaming Compact.
The agreement between the County and the Tribe will allow for the construction of a nineteen story resort casino hotel with 400 rooms.
Under the comprehensive MOU, the Tribe will provide funding to the County that will afford significant upgrades to local roads, an increased public safety presence, an environmentally friendly water conservation program, and expanded fire and life safety capabilities in the valley. Funds will also be used for assistance in overcoming gambling addiction. At a time when state and other funding for local roads is contracting the Pauma Band of Luiseno Indians is solidifying a partnership under the MOU to augment those services and road improvements which mitigate the impacts of its casino expansion.
“This agreement demonstrates the Tribe’s commitment to participate in a meaningful collaboration with the County in improving the quality of life for the Pauma Valley residents,” commented Chairman Chris Devers. “This project will generate hundreds of jobs, create economic growth opportunities for businesses in the area and provide additional resources for local residents. These contributions will help build a safer and more prosperous place for all the people of the valley,” Chairman Devers said.
Ultimately, this is a victory for the Tribe and Chairman Devers’ administration in securing a healthy and prosperous future for its forthcoming generations.
The Tribe is partnering with Mashantucket Pequots, owners of Foxwoods Resort casino in Connecticut, to build and manage the casino resort.
About the Pauma Band of Mission Indians
Pauma Band of Luiseno Indians is a federally recognized tribal government located in the Pauma Valley of Southern California. The Pauma Band is one of seven Bands of the Luiseno people located in San Diego and Riverside counties. Pauma produces Hass avocados, Valencia oranges and lemons; and is engaged in protection and reforestation of their tribal lands. The Pauma tribe owns and operates casino Pauma, providing employment to the Tribal Members and the surrounding communities. Its revenues enhance the Tribal Government’s ability to meet the essential needs of the membership.
Media Contacts:
Joely Proudfit, PR Consultant, Pauma Band of Mission Indians/Naqmayam
Communications
951-816-3301
650-255-2860

Pauma Band of Luiseno Indians

Filed under: Gambling by admin - No Comments →

NIAGARA FALLS, ON, July 28 /PRNewswire/ — Fallsview casino Resort announced today that it has added a second performance by international music, fashion, TV and movie star Jessica Simpson to its August concert line-up.
Simpson, whose August 28th show sold out almost immediately when it was announced earlier this month, will now perform in Fallsview’s Avalon Theatre on Wednesday, August 27th, as well.
“Ms. Simpson’s show sold out as quickly as any we’ve ever had here at Fallsview casino over the last four years,” said Greg Medulun, Director of Communications. “When the opportunity came along for us to book her for a second show, we jumped at it. Our customers have made it abundantly clear that they want to see Ms. Simpson’s show.”
Simpson has graced the covers of some of the world’s most popular magazines, including Rolling Stone, Cosmopolitan, GQ, Marie Claire and Elle.
And she has just added “country music sensation” to her list of accomplishments. Her first country music single - “Come On Over” - charted higher than any other debut country single in the history of Billboard’s Hot Country Songs chart this past spring. Her debut country album will be released this fall.
In addition to several previous albums - including the four-times-platinum In This Skin - Simpson is instantly recognizable for her recurring role on TV’s That 70s Show, the MTV reality show Newlyweds: Nick and Jessica and her film debut as Daisy Duke in the big-screen version of The Dukes of Hazzard. Simpson also contributed her distinctive cover of Nancy Sinatra’s “These Boots Are Made For Walkin’” to the movie’s soundtrack.
Jessica Simpson
Wednesday, August 27, and Thursday, August 28
Showtime: 8:30pm (Doors open at 7:30pm)
Tickets start at $70
Media sensation Jessica Simpson takes the stage to perform hits like
“Come On Over,”"These Boots Are Made For Walkin’,”"Irresistible,”"I Belong To Me” and “A Public Affair.”
Tickets to the August 27th Jessica Simpson show will be available beginning at noon on Tuesday, July 29, at all Ticketmaster outlets, by calling Ticketmaster at 1-877-833-3110 or by visiting .
Built on a cliff overlooking the world-famous Horseshoe Falls, Fallsview casino Resort is one of the largest and most elegant gaming resort facilities in Canada and the crown jewel in Niagara’s stunning array of wonders. In addition to the intimate, 1,500-seat Avalon Theatre, Fallsview features a casino with over 3,000 slot machines and 142 gaming tables, a 374-room luxury hotel, a full-service spa and fitness centre, dozens of dining and shopping options and over 30,000 square feet of meeting and convention space.
Fallsview Casino

Filed under: Gambling by admin - No Comments →

FARGO, N.D., July 25 /PRNewswire/ — casino Enterprise Management magazine will recognize Senator Ben Nighthorse Campbell as the “Indian Gaming Advocate of the Year.” Campbell will be presented with this award Sept. 10 during CasinoFest7, held at Pechanga Resort & casino in Temecula, Calif. National Indian Gaming Association Chairman and previous Indian Gaming Advocate of the Year award winner Ernie Stevens Jr. will preside over the ceremony.
A member of the Northern Cheyenne tribe and Council of 44 Chiefs, as well as a former Congressman from Colorado, Campbell has long been a tireless supporter of Native American sovereignty. He served in the U.S. House of Representatives from 1987-1993 and the U.S. Senate from 1993-2005, and in 1997 became the first American Indian to chair the Indian Affairs Committee. His political career is marked with successes in protecting native lands and resources, and improving health, education and economies in Indian Country.
The second annual Indian Gaming Advocate of the Year Award, which honors an individual who has dedicated his or her life to the advancement of sovereign nations, peoples and gaming enterprises, joins Campbell’s impressive record of military, political, civil, sports and artistic accomplishments.
Casino Enterprise Management magazine is an international trade journal serving the gaming industry. CasinoFest7 is part of the CasinoFest conference series dedicated to furthering the education of those men and women who work in all facets of the gaming industry through interactive lectures and hands-on training by the best and brightest professionals in the fields of casino management, marketing, slot operations and table games.
For more information, please contact:
Michael Shirek
Associate Editor
casino Enterprise Management
(701) 293-7775

Casino Enterprise Management

Filed under: Gambling by admin - No Comments →

LAS VEGAS, July 24 /PRNewswire-FirstCall/ — Pinnacle Entertainment, Inc. announced today that it will release its 2008 second quarter and year-to-date financial results on Wednesday, August 6, 2008 prior to the market opening, followed by a conference call on the same day at 11:00 a.m. ET (8:00 a.m. PT).
To participate in the conference call, please dial (888) 792-8395 approximately five to ten minutes prior to the scheduled conference call time. International callers should call (706) 679-7241. There is no passcode required for this call.
This conference call will also be broadcast live over the Internet and can be accessed by all interested parties at . To listen to the live call, please go to the website at least fifteen minutes early to register, download, and install any necessary audio software.
A replay of the conference call will be available through August 13, 2008 by dialing (800) 642-1687 or, for international callers, (706) 645-9291. The code to access the replay is 57634001.
About Pinnacle Entertainment
Pinnacle Entertainment, Inc. owns and operates casinos in Nevada, Louisiana, Indiana, Missouri, Argentina and The Bahamas and has significant insurance claims related to a hurricane-damaged hotel and casino complex previously operated in Biloxi, Mississippi. The Company opened Lumiere Place, a $507 million casino hotel in downtown St. Louis, Missouri, in December 2007. Pinnacle also has a second casino development project under construction in the St. Louis area, which opening is dependent upon final approval by the Missouri Gaming Commission. Pinnacle is currently developing a second casino resort in Lake Charles, Louisiana, to be called Sugarcane Bay; is developing a casino resort in Baton Rouge, Louisiana; and has submitted a proposal for a casino resort in Kansas City, Kansas, subject to various approvals. Additionally, Pinnacle owns a casino site at the heart of the famed Boardwalk in Atlantic City, New Jersey, on which it plans to build a major new casino resort.
Pinnacle Entertainment, Inc.

Filed under: Gambling by admin - No Comments →

DOVER, Del., July 23 /PRNewswire/ — casino revenues fell throughout the United States in June but showed some signs of stabilizing, according to the National Revenue Report published by Fantini Research.
Gaming win in regional casino markets fell 1.38 percent to $2.225 billion, a deterioration from the year-to-date gain of 1.57 percent.
The damage was worse when new casinos are factored out. Same-store revenues fell 5.66 percent.
However, there are glimmers of hope, the report’s author, Frank Fantini, said in pointing to casino companies such as Ameristar, Pinnacle Entertainment and Isle of Capri that grew revenues through expansions.
Other bright sports include the emerging racino markets of Pennsylvania and New York, where revenues soared 48.9 and 15.5 percent, respectively.
Nonetheless, the 32-page report details the industry’s glum status at mid-year as casinos fight a slow economy, smoking bans in major markets (Atlantic City, Colorado, Illinois), new competition (Atlantic City, Indiana, New Orleans) and flooding rivers (Iowa, Mississippi, Missouri).
ABOUT THE NATIONAL REVENUE REPORT. The NRR is the most complete report on gaming revenue in the United States. It is published monthly by Fantini Research, publisher of Fantini’s Gaming Report.
Copies of the National Revenue Report are available by subscription or single-copy purchase at .
For more information about the National Revenue Report, contact Frank Fantini at , or by telephone at 1-866-683-4357.
ABOUT FANTINI RESEARCH. Fantini Research publishes Fantini’s Gaming Report, the most comprehensive daily report on news about the industry aimed at institutional investors, private investors and corporate level executives.
Fantini’s Gaming Report covers every aspect of the gaming industry — commercial and Indian casinos, lottery and racing companies, and the slot machine and technology companies that supply those industries.
Fantini’s Gaming Report is distributed to investors and executives throughout North America, Europe, Asia and Australia.
For more information about Fantini’s Gaming Report and the company’s other services and publications, contact Business Director Dee Wild at , or by phone at 1-866-683-4357.
ABOUT FRANK FANTINI. The CEO of Fantini Research is a former newspaper journalist, publisher and corporate executive who has invested in gaming stocks for more than a decade.
Recognized as an expert on developments in the industry, Mr. Fantini is frequently quoted by national and international news services, newspapers and television and radio broadcasters.
Fantini’s Gaming Report

Filed under: Gambling by admin - No Comments →

WEST PATERSON, N.J., July 22 /PRNewswire-FirstCall/ — Interactive Systems Worldwide Inc. (BULLETIN BOARD: ISWI) today announced today that its wholly-owned subsidiary, Global Interactive Gaming Limited (”GIG”), and Hipodromo de Agua Caliente S.A. de C.V. (”Caliente”), have revised their licensing and technical support agreements originally signed in August 2006.
In connection with these revised agreements, GIG will provide software and services that enable Caliente to offer the Company’s enhanced play-by-play sports betting service on-line on Caliente’s Internet website. It is expected that this version will launch in time for the upcoming American football season, and will run through the end of the calendar year.
Caliente is operating the play-by-play betting service using its own personnel. The wagering opportunities will be offered in both English and Spanish to the patrons. GIG will provide initial set-up support, software customization, and will provide on-going technical assistance. These services will be provided on a “time and materials” basis. The agreement specifies an up-front payment to GIG, as well as monthly license fees based on a share of the revenue derived from the enhanced play-by-play betting service.
Under these revised agreements, the SportXction(R) System will no longer be offered in the Race & Sports Books operated by Caliente.
About Interactive Systems Worldwide, Inc.
Interactive Systems Worldwide, Inc. (BULLETIN BOARD: ISWI.OB) has designed, developed and patented a proprietary software system, the SportXction System, which enables play-by-play wagering during the course of live sporting events. ISWI, through its wholly owned subsidiary Global Interactive Gaming Ltd. (GIG), operates the SportXction(R) System in the U.K., in conjunction with established media and traditional wagering partners. The system can accept wagers from the Internet, handheld wireless devices, interactive televisions, and standalone kiosks. The system can be used for any live broadcast event.
About Caliente
Caliente is a Mexican corporation that has been a leading player in the Latin American Entertainment and Gaming Industry since 1916. The company’s roots are in the famous Agua Caliente Race Track immortalized in the famous movie Seabiscuit. Presently, Caliente Group operates more than 160 establishments known as Race & Sports Books, where customers can enjoy and wager on races held at the most important horse and greyhound racing tracks in the world, as well as sporting events of major international relevance.
Leveraging an extensive technological and human infrastructure, Caliente provides operation services in several countries such as: Antigua, Argentina, Aruba, Brazil, Colombia, Curacao, Ecuador, Mexico, Panama, Paraguay, Peru, St. Maarten, Uruguay, Venezuela, and in Europe, currently is providing services in Austria.
Additionally, Caliente Group operates a Greyhound Track in Tijuana, Baja California, Mexico with live racing every day of the year; as well as 20 Bingo Halls distributed among the most important cities in Mexico.
Contacts:
Interactive Systems Worldwide, Inc.
Bernard Albanese
Chief Executive Officer
Phone: 973-256-8181

FORWARD-LOOKING STATEMENTS: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements, including, but not limited to, whether the on-line system launch with Caliente will take place at all; and whether the modified agreements will generate significant revenue for ISWI. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof. Readers should carefully review the risks described in other documents the Company files from time to time with the Securities and Exchange Commission, including Annual Reports, Quarterly Reports and Current Reports on Form 8-K.
Interactive Systems Worldwide Inc.

Filed under: Computer by admin - No Comments →

WASHINGTON, July 21 /PRNewswire-USNewswire/ — Dr. Jeffrey L. Derevensky, a leading professor at McGill University, contends that Rep. Spencer Bachus (R-Ala.) incorrectly cited the university’s research on gambling addiction in arguing for the continued prohibition on Internet gambling. Derevensky in fact believes that the regulation of online gambling is an opportunity to put in place safeguards to combat problem and underage gambling.
In a mark up of the Payments System Protection Act (H.R. 5767) in the House Committee on Financial Services on June 25, 2008, Rep. Bachus, citing research at McGill, claimed that one-third of college students who gambled online attempted suicide.
“This assertion, which is reportedly based upon our empirical research, is not predicated upon any factual evidence,” responded Derevensky in an interview with the Safe and Secure Internet gambling Initiative. “None of the studies conducted with adolescents or college students, to the best of my knowledge, have looked at a connection between Internet wagering and suicide attempts.” Derevensky raised these same concerns in a letter sent last week to Reps. Bachus and Barney Frank (D-Mass.)
Derevensky believes there is an opportunity for Congress to better protect consumers in a regulated environment. “If Congress is serious about minimizing the threat posed by Internet gambling, it should look to create an environment where Internet gambling operators are required to put in place safeguards that protect against compulsive and underage gambling.”
Last week, a study conducted jointly by the University of Western Ontario and University of Nevada, Las Vegas called for the legalization and regulation of online gambling.
“Just as legalized commercial gambling in casinos allows for governments to regulate it, so, too, could the legalization of online gambling allow for better regulation and attempts to reduce the growth of problem gamblers,” said June Cotte, associate professor at the University of Western Ontario, as reported by Poker News.
Existing technology and security controls have already proven to be effective in addressing compulsive gambling. Safeguards currently available in the industry include the ability to control the amount of money wagered, set limits on amounts bet and amounts lost, restrict the duration that someone can play, identify and stop players whose gambling patterns seem out of the ordinary, and allow for consumers to be excluded from online gambling.
“It is disappointing that Rep. Bachus is using scare tactics and false claims in an attempt to justify why Congress should limit my ability to gamble online,” said Jeffrey Sandman, spokesman for the Safe and Secure Internet gambling Initiative. “We are encouraged by the academic community’s support of Internet gambling regulation. They emphasize the important point that consumers will be better protected if there are safeguards put in place to combat underage and problem gambling.”
The Internet gambling Regulation and Enforcement Act of 2007 (H.R. 2046), introduced by Rep. Frank, would establish an enforcement framework for licensed gambling operators to accept bets and wagers from individuals in the U.S. It includes a number of built-in consumer protections, including safeguards against compulsive and underage gambling, money laundering, fraud and identity theft. A companion piece of legislation that would ensure the collection of taxes on regulated Internet gambling activities, the Internet gambling Regulation and Tax Enforcement Act of 2008 (H.R. 5523) was introduced by Congressman Jim McDermott (D-WA).
Additionally, Rep. McDermott introduced last week, the Investing in our Human Resources Act (H.R.6051), which would direct new revenue generated by regulated Internet gambling activities to be spent on job training for those in the declining sectors of the economy and educational assistance for foster care youth. The bill also includes provisions to encourage responsible Internet gambling behavior and an awareness of unsafe practices, something which has been praised by problem gambling advocates.
“Though I support the dedication of resources to raise awareness about problem gambling, I encourage Congress to also provide appropriate funding for research, treatment and the prevention of problem gambling,” added Derevensky.
About Safe and Secure Internet gambling Initiative
The Safe and Secure Internet gambling Initiative promotes the freedom of individuals to gamble online with the proper safeguards to protect consumers and ensure the integrity of financial transactions. For more information on the Initiative, please visit . The Web site provides a means by which individuals can register support for regulated Internet gambling with their elected representatives.
Safe and Secure Internet gambling Initiative

Filed under: Gambling by admin - No Comments →

WASHINGTON, July 17 /PRNewswire/ — With obesity in young children rising at alarming rates in our nation, the bet Foundation is back with its acclaimed “Summer Camp For Girls” running from July 20-27, 2008. Sponsored by bet Networks, General Mills, SUBWAY(R) Restaurants, and Wal-Mart Stores, the bet Foundation’s “Summer Camp For Girls” will take place at the Alabama 4-H Youth Development Center campsite located in Columbiana, AL. This year’s program supporters include the University of Alabama-Birmingham, School of Social Work, African-American Health Coalition of Houston, TX, Nek Nak, Charles the Chef, and the Alabama Cooperative Extension System.
(Logo: )
The week-long camp was specifically designed as an effective approach to help African-American girls and their parents identify and practice lifestyle changes that will assist in achieving and maintaining a healthy body weight and a positive self-image through health literacy, physical activity, healthy lifestyle choices, proper nutrition, and self-appreciation. The program components include: daily exercise & fitness activities; nutrition classes, healthy cooking demonstrations for kids, Media Smart Youth; art therapy; group counseling and self-esteem workshops; trust and confidence building exercises; arts and crafts; talent and fashion shows; movie nights; and special celebrity guest appearances. This year, Toccara Jones, Keri Hilson, Tiffany Evans, Teyanna Taylor and Miss Black USA, Kristen White will be on hand to share their experiences and encourage the young ladies to meet their goals of achieving a healthy lifestyle. The camp will also feature special guest nutritionist, Shirley Dolland from the Bell Institute for Health and Nutrition, an extension of General Mills.
The bet Foundation created this special camp as an innovative weight reduction and nutrition-based program for African-American girls ages 10 - 12 from low to moderate-income families. “The purpose is to provide young girls with the vital information and tools necessary to aid them in making healthy lifestyle choices, and to serve as a “health” advocate for their family and peers,” states Lynda Dorman, Executive Director and Vice President. The camp curriculum will provide simple nutrition strategies; instill positive leadership and decision-making skills; and provide a fun-filled, memorable camp experience.
“General Mills is proud to extend its partnership with the bet Foundation’s Summer Camp For Girls. The camp aligns with our corporate mission to ‘Nourish Lives’ and encourage consumers to lead healthier lives by
making small changes that yield big results,” states Kimberley Bow Sunday, Multicultural Marketing Manager.
One hundred and fifty young girls from various states including Wisconsin, Maryland, Virginia, Florida, New York, Tennessee, Alabama, North Carolina, Georgia, South Carolina, Illinois and Pennsylvania were selected for this wonderful, free of charge camp experience based on essays their parent/guardians submit expressing why they should participate in the one-week fitness program and how the experience will influence a healthier lifestyle. This summer, 120 girls were chosen.
“SUBWAY(R) Restaurants are very excited to be partnering with the bet Summer Camp for Girls,” said Shannon Bowers, Brand Manager for the Subway Franchisee Advertising Fund Trust. “Grass roots initiatives such as this truly give the Subway brand a platform to support the African-American community as more people are choosing healthy, active lifestyles.”
ABOUT BET
BET Networks, a subsidiary of Viacom, Inc. , is the leading provider of media and entertainment for African Americans and consumers of Black culture on a global basis. The primary bet cable network reaches more than 84 million households and can be seen in the United States, Canada and the Caribbean. bet Digital Networks - bet J, bet Gospel, and bet Hip-Hop — are brands that combine to serve a broader and more diverse audience than the core network. BET.com is the number one internet destination for the target audiences. bet Mobile delivers music, gaming, and video content to the target audiences on wireless devices across virtually all service providers. bet Event Productions is a full-scale event management and production company with festivals and live events spanning the globe. bet International delivers bet content to the consumers of Black culture around the world. bet Networks inspires its audiences to make a difference in their lives and communities with a series of impactful pro- social initiatives under the Touch bet umbrella.
ABOUT bet FOUNDATION
The bet Foundation is a 501(c)(3) non-profit organization created to raise public awareness to the numerous health-related challenges within African- American communities. Established in 2003, the bet Foundation takes a pioneering step in addressing the prevalence of obesity and related health concerns among African-Americans. Through specifically-tailored initiatives and targeted campaigns, the bet Foundation aims to insure that African Americans live longer and healthier lives. The bet Foundation includes public service announcements (PSAs); targeted programming segments; women’s health symposiums and forums; health brochure materials; a dedicated toll-free hotline and website; and a nationwide Healthy bet Fitness Challenge contest to provide the tools and knowledge necessary for communities to develop long lasting healthy lifestyle habits. For more information, please visit .
ABOUT GENERAL MILLS
General Mills(R), with annual net sales of $13.4 billion, is a leading global manufacturer and marketer of consumer foods products based in Minneapolis. General Mills’ mission is Nourishing Lives - innovating to make lives healthier, easier, and richer - while Nourishing Communities and Nourishing the Future. Its global brand portfolio includes Cheerios, Betty Crocker, Pillsbury, Green Giant, Haagen-Dazs, Nature Valley, Old El Paso and more. With more than 100 consumer brands and operations in more than 100 countries, General Mills is also a leading supplier of baking and other food products to the foodservice and commercial baking industries.

BET Networks

Filed under: Health by admin - No Comments →

WASHINGTON, July 16 /PRNewswire-USNewswire/ — Rep. Jim McDermott (D-Wash.) introduced legislation yesterday that directs a potential $40 billion over the next 10 years to be spent on job training for those in the declining sectors of the economy and educational assistance for foster care youth. The legislation, Investing in our Human Resources Act of 2008 (H.R. 6501), would be funded through new revenue generated by regulated Internet gambling activities.
“We have an ideal opportunity to invest billions of dollars in American workers and our struggling economy without increasing the federal deficit,” said Rep. McDermott in speaking about the Investing in our Human Resources Act (IHRA). “IHRA would utilize a funding stream that would become available should Congress decide to legalize and regulate Internet gambling, which would protect consumers and collect tax revenue that is currently offshore.”
A provision in the legislation also encourages responsible Internet gambling behavior and an awareness of unsafe practices, something which has been praised by problem gambling advocates.
“I believe that the McDermott bill could be a positive step to help raise awareness about the dangers of unsafe gambling practices and the availability of addiction treatment,” stated the Executive Director of the National Council on Problem gambling Keith Whyte.
In a sign that the legislation has support from key members of the Democratic Congressional leadership, Reps. George Miller (D-Calif.) and John B. Larson (D-Conn.) are original co-sponsors of the legislation. Rep. Miller is a member of the Democratic Leadership and chairman of the House Democratic Policy Committee. Rep. Larson serves as vice chair of the Democratic Caucus and assists in organizing and running the Democratic Caucus.
Introduction of IHRA demonstrates the growing support in Congress to regulate Internet gambling.
“It is encouraging that Congress is seeking to regulate Internet gambling and put the billions in new revenue to good use,” said Jeffrey Sandman, spokesman for the Safe and Secure Internet gambling Initiative. “We need to change the current path, where the prohibition of Internet gambling allows for billions of dollars to be lost in an underground, uncontrolled marketplace ripe for criminal exploitation.”
Revenues from regulated Internet gambling are estimated to be between $8.7 billion and $42.8 billion over 10 years, according to a recent tax revenue analysis prepared by PricewaterhouseCoopers. Through IHRA, these revenues would be allocated annually to each state through a new Transitional Assistance Trust Fund. A state would be entitled to receive its allotment based on its percentage of the total population.
To generate additional support for IHRA, Rep. McDermott circulated a letter to all members of Congress. It includes a chart indicating projected allocations of funding by state. A copy of the letter is available at .
Previously, a framework to regulate and ensure the collection of taxes on Internet gambling activities was proposed in companion pieces of legislation introduced by Reps. McDermott and Barney Frank (D-Mass.)
The Internet gambling Regulation and Enforcement Act (H.R. 2046), introduced by Rep. Frank in April 2007, establishes an enforcement framework for licensed gambling operators to accept bets and wagers from individuals in the U.S. It would include a number of built-in consumer protections, including safeguards against compulsive and underage gambling, money laundering, fraud and identity theft. The legislation would also reinforce the rights of States to control what, if any, level of Internet gambling is permissible within their borders, including the ability to apply additional taxes, and to ensure that appropriate consumer protections and limitations were in place.
Rep. McDermott’s earlier bill, the Internet gambling Regulation and Tax Enforcement Act (H.R. 5523), would ensure the collection of taxes on regulated Internet gambling activities. A revised version of the bill, introduced in March 2008, includes an enhanced reporting mechanism under which licensed gambling operators are required to provide each customer an annual statement of winnings and losses. It also establishes a two percent licensing fee that is paid by the operator, not the individual gambler. The licensing fee is designed to equalize the costs of operation in providing gambling services online, as opposed to brick-and-mortar casinos providing gambling services in-person, and would only be applied to online operators.
About Safe and Secure Internet gambling Initiative
The Safe and Secure Internet gambling Initiative promotes the freedom of individuals to gamble online with the proper safeguards to protect consumers and ensure the integrity of financial transactions. For more information on the Initiative, please visit . The Web site provides a means by which individuals can register support for regulated Internet gambling with their elected representatives.
Safe and Secure Internet gambling Initiative

Filed under: General by admin - No Comments →