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Pastimes : Boxing: The Sweet Science -- Ignore unavailable to you. Want to Upgrade?

To: Quahog who wrote (1348)	12/6/2000 12:15:21 PM
From: Quahog	Respond to of 10489

Two Boxing Promoters Agree to Atlantic City Ban Wednesday November 29 8:03 PM ET ATLANTIC CITY, N.J. (Reuters) - Boxing promoters Bob Arum and Cedric Kushner, who both have admitted making improper payoffs, agreed on Wednesday not to do business in Atlantic City while a state commission decides whether to bar them permanently. A scheduled formal hearing, postponed from Nov. 15, was put off Wednesday after lawyers for both promoters told the Casino Control Commission they would not do business in the gambling and entertainment city until the issue is settled. The commission accepted their offer. The Division of Gaming Enforcement, also a state body acting as a sort of prosecutor, is asking the commission to permanently lift the casino services license of Bob Arum of Top Rank, Inc., and Cedric Kushner of Cedric Kushner Promotions. The Division of Gaming Enforcement cites the two men's testimony in the federal trial of Robert Lee, then the president of the International Boxing Federation, that they paid him bribes to elevate the IBF's rankings of fighters they represented. The complaint had asked the commission to suspend the promoters' licenses immediately, pending the outcome. No new hearing date on the permanent revocation has been set, commission spokesman Dan Heneghan said. New Jersey was not the first state to act. On Oct. 19, the New York State Athletic Commission fined Cedric Kushner Promotions, Ltd. $100,000 and appointed Matthew J. Brief, a former Manhattan prosecutor and U.S. Justice Department (news - web sites) attorney, to monitor its operations. Kushner agreed to settle but admitted no wrongdoing. New York did not move against Arum because he does not hold a current license there, according to Scott Trent, a spokesman for the Department of State. ``At such time as he applies for a license, that issue will be taken up,'' he said. A spokeswoman for the New Jersey Boxing Control Commission said it is not contemplating actions against the promoters ``at this time.'' The complaint being heard by the casino regulators contends that Kushner and Arum disqualified themselves from doing business in Atlantic City by their own words. During the Lee trial in Newark this summer, Arum admitted making a $100,000 payoff to the IBF to sanction a 1995 title fight between George Foreman and Axel Schulz. Kushner admitted making payments to the IBF over a seven-year period to get the sanctioning body to rank his fighters. Kushner testified that he had made cash payments in excess of $100,000 to further his boxing promotions in Nevada.