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Monday September 30,2013 : SENIOR U.S. ADMIRAL SUSPENDED FOLLOWING POKER CHIP ENQUIRY.
The second-in-command of America's nuclear capability named in counterfeit chip investigation.
In reports that almost beggar belief, US media outlets Saturday started covering allegations that a top US navy officer may be involved in a counterfeit poker chip case
Vice Admiral Tim Giardina, a thirty-year navy man and second in command of U.S. Strategic Command, was suspended from his duties earlier this month following a probe into gambling offences.
The New York Times reports that Strategic Command was first alerted about the issue in mid-July.
"A month earlier, Admiral Giardina became the target of an inquiry being conducted by the Iowa Division of Criminal Investigation into possible use of counterfeit gambling chips at the Horseshoe Casino in Council Bluffs, Iowa," said David Dales, the head of the Southwest division of the Iowa Division of Criminal Investigation.
Dales said the criminality in question involved poker at the casino, but declined to furnish further information.
The agency’s investigation is still open and no state charges have been filed against Admiral Giardina, Dales emphasised.
Other publications reported that the investigation involves Giardina's suspected role in a casino scandal that involved “a significant monetary amount” of counterfeit gambling chips.
Over in the UK, The Guardian newspaper reported that two senior US officials familiar with the investigation said it was related to gambling issues. The officials spoke on condition of anonymity because the investigation is incomplete.
Admiral Giardina was suspended on September 3, according to a Strategic Command spokeswoman, Navy Capt. Pamela Kunze.
She said the action was only made public this weekend because Giardina remains under investigation and a recommendation that Giardina be reassigned is pending.
Air Force Gen. Robert Kehler, who heads Strategic Command, suspended the deputy commander, and has recommended to Defense Secretary Chuck Hagel that Giardina be reassigned.
General Kehler was advised that the Iowa investigation of Giardina had commenced June 16, and the military authorities were advised of its initial results July 16.
General Kehler had immediately tasked the Naval Criminal Investigating Service with conducting a parallel enquiry.
Admiral Giardina, a respected former submarine officer with an impeccable military record has served in several high-ranking positions during his career.
BEtfair fiscal period Q3 and FY 2015 -
The UK online gambling group Betfair plc has posted its interim management statement for fiscal period Q3 and FY 2015 ended 31 January 2015, reporting an impressive set of key performance indicators that includes:
Revel Deal Still Not Final -
Florida property developer Glenn Straub may have thought his sale agreement and payment of $82 million to the owners of the bankrupt Revel building in Atlantic City sealed the acquisition deal but on Wednesday Judge Gloria Burns refused to ratify the sale and extended the sales window by a further week.
Las Vegas Sands WIns intellectual property case -
The major US land gambling group Las Vegas Sands, owned by multi-billionaire Sheldon Adelson, has successfully concluded another intellectual property case to protect its trademark and brand intellectual property.
New Jersey Senators weigh in on Restoration of the American Wire Act -
Pro-online gambling New Jersey Senators Jim Whelan and Ray Lesniak have joined the Congressional debate on the proposed Restoration of the American Wire Act, corresponding with local media leaders and urging them to publicly oppose the attempt to ban most forms of online gambling.
Bet365 facing legal action in Australia for misleading representations -
One of the industry's biggest online gambling operators, the Coates family's Bet365 group, is facing legal action Downunder from the Australian Competition and Consumer Commission, which claims that the company's free bet or deposit bonus offers made "misleading representations" to punters in breach of Aussie consumer laws.
Mixed earnings results for Sportech -
Sports betting and pools operator Sportech, presenting its preliminary results for the twelve months ending December 31, 2014, said its focus on highly regulated markets had resulted in a strong performance from its Sportech Racing and Digital division and a satisfactory performance from its Football Pools product, however, its Sportech Venues business environment remained challenging.
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