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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.
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Paddy Power plc has released its H1-2014 results -
Online and land gambling group Paddy Power plc has released its H1-2014 results for the six months ended 30 June 2014, underlining strong growth but a decline in operating profit following adverse sports results.
Fortuna Entertainment Group has posted H1-2014 results -
The Czech betting company Fortuna Entertainment Group has posted H1-2014 results that include a 16.4 percent increase in EBITDA, thanks to the additional business flowing from the FIFA World Cup held earlier this year in Brazil.
EPT Barcelona Results -
Belarus poker pro Ihar Soika topped all of his previous live tournament winnings combined this week when he claimed the Euro 747,200 first prize in the Euro 10,300 buy-in European Poker Tour Barcelona despite starting the final day fourth in chips out of the final 21 players.
Swedish Gambling Revenue Down 3 Percent -
Sweden's restrictive gambling regulatory regime continues to hobble the industry in the Nordic nation, with Lotteriinspektionen - Sweden’s gambling and lottery authority - reporting this week that in the first half of 2014 revenues declined by 3 percent compared to H1-2013.
OPAP reports Q2 results -
Earlier this week the privatised Greek gambling monopoly OPAP warned the market that a tax demand dating from 2010 would impact its quarterly earnings, and that proved to be the case Wednesday, when the operator booked a Euro 29.6 million tax debit, explaining that historically it had negotiated a deferred payment with the Greek government which fell due in the second quarter.
Go Bananas and Sunny Scoops Slots Launch -
Stockholm-based games developer Thunderkick has pumped out another new and innovative slot this week in Sunny Scoops, a game with an ice cream theme presented through sharp and colourful graphics.
Record Revenues for Bally Technologies -
Bally Technologies, Inc., a major US gambling equipment and content supplier, has posted its fiscal FY 2014 results, highlighting record revenues up 22 percent to $1.2 billion, pushed by increases of 30 percent in systems revenue and a stand-out performance from wide area progressive network revenues.
NFL Odds: Seahawks vs Packers -
In little over a week, the Seattle Seahawks will set out to officially reprise their roles as Super Bowl champions. The titleholders will kick off the new campaign as hosts to the Green Bay Packers in Thursday night’s opening week matchup.
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