Nambling Notes - June 3, 2003

3 June 2003

US News -- In the wake of the MGM Mirage money-laundering report debacle, two former executives of the casino-hotel are suing, claiming they were unjustly fired. Robert Kocienski is the company's former CFO and Brian Burtenshaw is the former controller. Both were let go in February after it was discovered that the company had failed to file up to 15,000 money-laundering reports. MGM Mirage has already made a deal with Nevada gambling authorities to pay a $5 million penalty.

New Stuff -- Poker.com said today that is offering a free version of its new skill poker game at www.skillpoker.com on June 5. The company said the free trial will give players the opportunity to familiarize themselves with the new software.

Quoteworthy -- "I don't think you can regulate personal behavior, and I don't think Congress can do it. There are problem gamblers. You can drive it even more underground. All these sites are illegal already. They're offshore. And I don't see how Congress controls it. The online Congress may be able to step in is if they find a link between Internet gambling and al Qaeda, maybe; then they can do something." -- Eleanor Clift, on the news-analysis television show The McLaughlin Group

What Others Are Saying -- "Prediction: Cyber gambling is here to stay, but like any other activity, it needs referees on the playing field. Those referees will come in the form of Internet police. Without them, chaos and crime will reign." -- from an editorial by Jack Anderson and Douglas Cohn published by United Features Syndicate