Mark Dohlen has resigned! gamblingmagazine.com
Why not bookmark this page? WEDNESDAY SEPTEMBER 8, 1999
Mark Dohlen
has resigned!
He took the right decision. We will give you the details tomorrow.
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STARNET is sinking very fast:
Shares down 83%
in two months!
The situation is out of control!
Further serious drop expected this week with the filing of the major lawsuit.
This week should be Starnet's black week. We are expecting to get some very interesting court documents any moment! Starnet is in big trouble, stay tuned for the surprises, we will be the first to publish them!
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Starnet loses another blue-chip partner.
"WE ARE HIGHLY REGULATED AND YOU GUYS CAN'T HANDLE OUR BUSINESS"
Starnet has more troubles as the Toronto-based Ontario Jockey Club has dissolved a 15-month business arrangement with the company and broken off negotiations to develop an Internet parimutuel betting system complete with Internet simulcast from its Woodbine racetrack.
The Ontario Jockey Club also dumped Starnet as its supplier of streaming technology that supported on-line broadcasting of its horse races. Starnet had supplied streaming technology to the jockey club's video feed so that punters could watch the races on-line from the OJC's Web site.
Starnet made big promises to the investors regarding the revenues they will generate from these arrangements. Once again, Starnet just makes promises after promises but delivered very little, if anything. This major blow to Starnet will most probably send their shares sharply down again. Investors are getting fed up with all the lies and broken promises. Mark Dohlen will be remembered as promising Mark!
Starnet was earlier on dumped by their auditors Ernst & Young, then Nesbitt Burns, and more will follow as good companies don?t want to be associated with criminals!
Starnet will find it very hard to survive in these conditions, no decent auditors will come close to them, the desperately needed $ 30 million loan is in the trash bin, all their partners are pulling out, one after the other, and the company will be left with nothing but huge legal problems.
Read the full story at:
canada-stockwatch.com
A great site really worth joining.
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Starnet is in much bigger trouble than they want you to believe! We are convinced the company is finished, it?s only a matter of time.
You can read the POLICE
documents here: 68 pages!
Gambling Magazine publishes the Police Search Warrant details used to raid Starnet's Vancouver offices.
Fifty officers from British Columbia's Coordinated Law Enforcement Unit are even now sifting through the material. "The inventory is massive"
Peter Thiessen of the Royal Canadian Mounted Police: "More is yet to come. This is just the tip of the iceberg." Charges and arrests - not 'if' but 'when'
To read about Starnet's problems, Readers need only refer to the section on Starnet's problems below, which has in-depth coverage and all the up-to-date news.
SPECIAL COVERAGE OF
STARNET'S HUGE PROBLEMS
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TODAY'S HEADLINES
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To Try and Protect Tourists
In recent weeks and months, there have been a number of high-profile attacks on tourists who have been visiting the city of Las Vegas. In response to this, the city of Las Vegas on Labor Day began volunteer safety patrols to alert tourists of dangers and to offer crime prevention tips to tourists to try and stop the attacks.
Tourism brings in millions of dollars to the city of Las Vegas and the city needs it to survive. To keep tourism high, the city needs to keep tourists safe and convince them that Las Vegas is a safe city to visit. Initially the safety patrols will include 17 volunteers, but will continue to add more people in the coming months. [Read The Full Article...]
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The police have been watching him for years now, beginning when Frank D. Jordan was found to be operating 14 illegal video poker machines in the back of his service station in 1995. While Jordan, 42, ran the illegal gambling operation during the daytime, Elise Hartsoe, 42, watched over the business at night. [Read The Full Article...]
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Criticize Bush's Stance On Confederate Flag
Black leaders criticized Texas Gov. George W. Bush for trying to woo white South Carolina voters by dismissing an NAACP national tourism boycott of the state to force down the Confederate flag from the Statehouse.
Bush, while campaigning in the state Monday, declared that outsiders should "butt out' out of the issue. [Read The Full Article...]
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About Park Place
When the FBI and the Justice Department last year turned a Mafia bigshot from Philly into an informant about the goings-on in Atlantic City, they didn't bother to tell casino regulators in New Jersey.
That lack of cooperation between the federal and state authorities may have merely been an oversight. Or, I'm told, it's more likely that the Feds do not trust the casino watchdogs especially now that the informant is reportedly detailing the mob's influence with local Jersey officials. [Read The Full Article...]
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On Las Vegas Gaming Market
BancBoston Robertson Stephens senior gaming and lodging analyst Harry Curtis, a 1999 Wall Street Journal All-Star Analyst, today raised estimates on Station Casinos (NYSE:STN) and MGM Grand, Inc. (NYSE:MGG), while providing an update on the Las Vegas gaming market.
Station Casinos owns and operates four casino/hotels in Las Vegas, and two casinos in Missouri. MGM Grand owns and operates the MGM Grand, its 5,005-room flagship property in Las Vegas and New York-New York, a 2,000-room property also in Las Vegas. [Read The Full Article...]
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Single mom improves lot with casino job++4
She calls it the happy dance, a somewhat spasmodic-looking form of expression in which Jennifer Yturralde waves her hands over her head as she smiles at a winning blackjack player. A self-creation that's been known to disarm more than a few frustrated gamblers, Yturralde employs the routine as part of her nightly schtick. "I love to socialize, to be able to have fun and work," said the 24-year-old Sunset Station worker.
For a little more than 10 months, the 1992 graduate of Chaparral High School has been dealing cards after persuading her bosses to give her a shot. [Read The Full Article...]
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Over Indian Land Claim In N.Y.
There's a 250,000-acre patch of land in the middle of New York where history is as fresh as a just-plucked ear of corn, where signs of a bitter debate over who is a legitimate landowner, a victim, or a racist keep cropping up amid the pastoral scenery of willow trees and grazing cows.
Oneida Indians claim this land, and for the first time in a 200-year fight they may be close to being compensated for the loss of it.
If they are, their victory will close one of the most long-fought chapters in US-Indian history, and further cement the right of dispersed East Coast tribes to recoup land or money from states that long ago snatched their territory. [Read The Full Article...]
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From Internet, For Now
The casino industry is reluctant to offer online wagering because of the potential for scandal
The gaming industry continues to insist it is not preparing to expand into the Internet market, but online professionals say it's only a matter of time before big-name casinos begin taking bets via the World Wide Web. "I don't know why the industry persists with this wait-and-see policy," said deedee Molnick, president of Home Gambling Network, a Las Vegas company that licenses operators offering Internet gaming. [Read The Full Article...]
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Contestants arrive in Atlantic City for pageant preps
Immaculately turned out and barely able to contain their enthusiasm, 51 young women seeking to become Miss America 2000 arrived here Monday to continue their pursuit of the crown.
After a hero's welcome, the contestants got down to the business at hand, signing autographs, posing for photos, sitting for interviews and generally promoting themselves in hopes of getting a tanned leg up on the competition. [Read The Full Article...]
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In Las Vegas
Mike Tyson is back in Vegas. On Monday, Tyson began training in Las Vegas for his next fight which will be on Oct 23 at the MGM Grand Resort against Orlin Norris. The fight was announced today during a news conference.
For the past month, Tyson has been training in Phoenix after being released from prison in Maryland. Tyson now plans to train at the Golden Gloves Gym in Las Vegas up until the fight on Oct 23rd. Upon his return to Vegas on Sunday, Tyson said little except, "What got me on top was hunger and desire. I?ve got to get that back." He also said that he wasn?t sure what to expect from Norris but that he thought that it might be a tough fight. [Read The Full Article...]
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Count your lucky stars. At least in Las Vegas all you are most likely to have cut off is your line of credit
"Although I am alive, I feel as if I'm dead because I fear I will never have children again and that my private parts will have to be buried," said Victor Khupiso from South Africa. The 34-year-old man was brutally castrated by a "friend" who later tried to sell his penis for R50 ($US8) at a local shebeen. [Read The Full Article...]
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"There is no scarcity of opportunity to make a living at what you love; there's only a scarcity of resolve to make it happen."
-- Wayne Dyer (1940-, American Psychotherapist, Author, Lecturer)
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GREAT NEWS!
Two superb online magazines will be launched in September and they will provide a very extensive coverage of the industry:
CasinoMagazine.com & GamingMagazine.com
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LOOK OUT FOR THIS!
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Publisher: Publisher@GamblingMagazine.com
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Copyright ¸ 1999 Gambling Magazine |
