Nambling Notes - Sept. 17, 2004

17 September 2004

Jockey Betting -- The Western Australian reports that stewards for Racing and Wagering WA are investigating allegations that jockey Stephen Miller has breached racing rules by betting on a horse that he was competing against. Phil O'Reilly, principal investigator for the RWWA, has already questioned Miller and will pursue the inquiry further. Chief steward John Zucal will make an official announcement about the matter on Monday.

Quoteworthy -- "Sir: Mark Griffiths' claim that the government is introducing a bill that will double the number of gambling addicts is absurd. The Gambling Bill is a wide-ranging modernization of legislation that dates back as far as 1710. Without it, many new forms of gambling, such as Internet casinos and roulette machines in bookmakers, would go unregulated."

- Tessa Jowell, Secretary for the Department of Culture, Media, and Sport, in a written letter to the Independent responding to Nottingham Trent Professor Mark Griffiths' speech at the British Association for the Advancement of Science's annual festival last week. She concluded, "Gambling is booming, and technology is outpacing the law. The real risk of a rise in gambling addiction is not if we introduce a bill, but if we don't.

Bonus King -- Betfred, the largest independent bookmaker in Britain, has launched an online betting site after 18 months of in-house development. The self-proclaimed "Bonus King" also plans to launch a casino gaming site with software from Playtech later this year.

No PartyPoker Float -- PartyPoker.com's CEO Vikrant Bhargava told eGaming Review that although Party Poker has recently met with investment bankers in the London, it does not plan on going public any time soon, at least not within the next 12 months. Bhargava also stated that his company is far too large to float on the Alternative Investment Market and would have to float on main London Stock Exchange market.