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MARKETPLACE: MOST GAMBLING STOCKS HAVE SEPTEMBER SWOON

Shares of the major casino operators and slot machine manufacturers, which slumped in price along with the rest of the stock market during Monday's record 777-point decline, regained some of their lost value Tuesday.

But the one-day recovery wasn't enough to keep nine out of 10 gaming companies from recording a month-over-month decline in their average daily stock prices in September. It was the sixth time out of the past seven months that gaming shares fell in value.

Only regional casino operator Ameristar Casinos' average daily stock price increased when comparing September with August.

"The effects of bank closures, liquidity challenges and overall fear within the system have wreaked havoc on the majority of industries, including gaming," said Brian Gordon, a partner in Applied Analysis, a Las Vegas financial consulting company that charts 10 gaming companies for a stock index.

A day after the House of Representatives rejected a $700 billion bailout of the nation's financial system, fueling the all-time record one-day drop in the Dow Jones industrial average, speculators and investors helped the markets recover 485 points on Tuesday.

Gaming shares rebounded somewhat. MGM Mirage was up almost 10 percent, Las Vegas Sands Corp. gained 9 percent and Wynn Resorts Ltd. was up almost 5 percent. But the damage of slumping stock prices in September was too much to overcome.

"The last pullback in the financial markets has many institutions conserving cash, impacting an already tight capital market," Gordon said. "Wall (Street) remains concerned about gaming operators' ability to weather the storm and comply with debt covenants going forward."

The Applied Analysis Gaming Index fell almost 40 points in September to 371.91, erasing a 41-point climb in August.

Shares of Las Vegas Sands, Wynn Resorts, Boyd Gaming Corp., Pinnacle Entertainment Inc. and slot machine maker International Game Technology, recorded double-digit drops in their average daily price per share during September.

Some of the gaming companies hit historic low prices in September. IGT fell to a six-year low after the company revealed it was expecting to lay off a yet-to-be-determined number of employees to cut expenses.

Meanwhile, Gordon said some of the privately held gaming operators, such as Station Casinos and Harrah's Entertainment, which went private this year in multibillion-dollar private equity buyouts, could also be affected if they were to seek publicly owned bonds to finance expansions.

"Elevated interest charges for highly leveraged operators, particularly those that financed privatizations, could be problematic," Gordon said.

In addition to IGT, slot machine makers WMS and Bally Technologies also took their lumps.

Despite the sour market, however, Bally announced Monday it had obtained $300 million in financing, giving the company some flexibility to expand several business initiatives.

JP Morgan gaming analyst Joe Greff said the announcement's timing could be viewed as a surprise.

"The ability to get the facility in place in the current environment is a significant positive for Bally shares," Greff told investors. "It removes an overhang on the stocks, provides Bally with additional financial flexibility and speaks to the strength of Bally's operating fundamentals and balance sheet."

Bally shares rose $3.92, or 14.97 percent, Tuesday to close at $30.28 on the New York Stock Exchange.

BINGO: MICROGAME TO LAUNCH TWO NEW ONLINE BINGO NETWORKS POWERED BY PARLAY SOFTWARE

Parlay Entertainment Inc. (TSX VENTURE: PEI) and Microgame S.p.A. are pleased to jointly announce their intention to launch two online bingo networks. Each network will be powered by an Internet platform that combines Parlay's Internet bingo, casino and other soft game products with Microgame's existing game management and administration infrastructure. Microgame currently offers sports and poker wagering into the tightly regulated Italian marketplace.

The first network to be launched will offer bingo into the Italian marketplace, once the Italian government has added bingo to their list of regulated Internet games, which Microgame anticipates will occur in Q1 2009. A second network, most likely to be based in Malta, is targeted for launch in Q2 2009 and will offer the games to an international marketplace.

Scott White, Chief Executive Officer of Parlay Entertainment, said: "We are delighted to partner with Microgame to offer our leading edge games in Italy, which will be a new regulated marketplace for Parlay and for bingo. We view the opportunity with Microgame, making use of their existing relationships, infrastructure and large customer base in Italy, as an excellent way to enter this new market for bingo."

Fabrizio D'Aloia, Managing Director of Microgame, said: "Microgame is honoured to collaborate with Parlay, the first commercial supplier of Internet bingo software in the world, as its partner for the Italian market. The agreement will allow Microgame to offer Italian gaming operators served by it the opportunity to immediately enter this new market as protagonists and with success by combining the powerful characteristics of Parlay bingo with the functionalities of Microgame's regulated gaming service provider."

"Parlay has been a first mover and market innovator in Internet bingo for more than 10 years," added Mr. White. "We have been and will continue to be committed to the growth of bingo in new regulated marketplaces, particularly in Europe. The opportunity to participate with an experienced, regulated and credible operator in Italy will help Parlay accelerate our time to market."

SEVERAL MEN INVOLVED IN O.J. SIMPSON HOTEL RAID TESTIFY AGAINST HIM

The second week of O.J. Simpson's robbery/kidnapping trial saw several of his alleged co-conspirators take the stand to testify against their former friend.

The former All-Star running back and his friend, Clarence "C.J." Stewart, face 12 robbery, kidnapping and weapons charges stemming from a run-in last year with two memorabilia dealers in a Palace Station hotel room.

Simpson has said he and the six others that accompanied him that day were simply recovering personal items that had been stolen from him years ago. He also told police no guns were involved.

The men who testified this week, however, told a different story.

Charles Ehrlich on Monday told the court that during the hotel room confrontation someone said, "put the gun away." When District Attorney David Roger asked him who said it, Ehrlich said, "I think it was Mr. Simpson."

He was one of the five men who accompanied Simpson and Stewart on Sept. 13, 2007, when their group raided a Palace Station hotel room and allegedly stole a range of memorabilia from Bruce Fromong and Alfred Beardsley.

Later in his testimony, the witness more strongly identified Simpson as shouting at the gunman: "I heard O.J. say, 'put the guns away'."

The middleman who arranged the infamous meeting, however, said otherwise.

Thomas Riccio on Monday said no one mentioned the firearm during the raid, even when one of the two men who brought a gun into the room, Michael McClinton, was brandishing his gun about, pointing it at Riccio, Fromong and Beardsley.

"Nobody mentioned a gun for some reason, but it was there," he said.

Fromong, testified during the first week of proceedings that he heard someone yell, "put the gun down, put the gun down," during the raid, but be couldn't say for sure who said it.

Riccio secretly tape-recorded the entire run-in, as well as several conversations he had with Simpson and the victims before and after the altercation. Those recordings are now central evidence in the case, and Riccio has been given immunity from prosecution in exchange for his cooperation.

No mention of a gun is heard on Riccio's recording of the six-minute confrontation.

Riccio revealed on Monday that he pocketed $210,000 because of his recordings and his involvement in the scandal. The figure does not include royalties from his book, "Busted!" which was published earlier this year and has been named an L.A. Times bestseller.

Riccio sold the audio tape of the run-in rather than giving it to police. The gossip Web site, TMZ, paid $150,000 for it and investigators didn't even know the recording existed until they heard it was available online several days later.

ABC News contributed an additional $25,000 to Riccio's purse, while CBS' syndicated nightly entertainment news program, Entertainment Tonight, chipped in an additional $15,000 and his involvement with the Howard Stern show saw him pocket $20,000 more.

Riccio said Stern's show never paid him directly, but one sponsors, Clips4Sale, cut him a check.

While most of his book, "Busted!," focuses on Riccio's life and previous ups and downs, he and publishers Phoenix Books relied heavily on the Simpson scandal to sell copies.

The front cover displays police mug shots of Riccio and Simpson and reads: "Busted! The inside story of the world of sports memorabilia, O.J. Simpson and the Vegas arrests."

Simpson's attorney, Yale Galanter, challenged the memorabilia dealer, who is largely viewed as the prosecution's star witness, about his other alleged attempts to profit from the scandal.

It has been reported that Riccio used his Web site, BustedVegas.com, to put out feelers for additional personal sponsors.

A Review-Journal columnist paraphrased in August what apparently appeared on Riccio's Web site before the trial began:

"For $7,500, Riccio will place your ad on the limo he takes to the courthouse. The fee is $5,000 on noncourt days.

"Pay him $5,000 and he'll have dinner at your restaurant the day he testifies. The fee is $2,500 for breakfast and $2,000 to do lunch at your eatery that day.

"... For $5,000 Riccio will plug your product or company during talk-show appearances ... (And) it costs $6,000 'if he wears your hat all five days he is in Las Vegas'."

"For $5,500, Riccio will appear in a Review-Journal ad pitching your restaurant, according to the Web site."

Riccio denied that he ever used the site to lure in sponsors, but acknowledged others encouraged him to try to use the site to secure sponsorships.

His lawyer, Stan Lieber, later conceded that the people who run Riccio's Web site might have posted the publicity price lists without authorization.

Galanter gave Riccio a large envelope on Monday after he left the witness stand.

Inside the red envelope was a copy of "Busted!" that Simpson had autographed, right next to the photo of his police mug shot the front cover. Inside, the former NFL star inscribed: "Tom, Don't squeeze the Juice!" and signed his name underneath.

Riccio, who is a memorabilia dealer, said he promised Galanter that he wouldn't sell the autographed book.

As Galanter resumed his cross-examination of Simpson's former friend, Ehrlich, on Tuesday he informed jurors that they might put Simpson, 61, behind bars for the rest of his life if they find him guilty.

Ehrlich was the last of Simpson's accomplices to strike a deal with the prosecution. The 54-year-old was originally charged with the same 12 counts that Simpson and Stewart, 54, now face. But Ehrlich has since agreed to plead guilty to two lesser charges: being an accessory to attempted robbery and attempted burglary.

District Judge Jackie Glass summarized his plea agreement: "He was facing a potential life sentence with a possibility of parole after a minimum of five years, he was facing 12 charges, now he's facing two, and the two he's facing are probation eligible."

Probation eligible means Glass has the power to sentence Ehrlich to a sentence of parole conditions rather than jail time. She will deliver his sentence after the trial.

Simpson and Stewart face a dozen charges, including two counts of first-degree kidnapping with use of a deadly weapon, which carries a possible life sentence; two counts of robbery with use of a deadly weapon; and two counts of assault with a deadly weapon.

Galanter was critical of Ehrlich's oftentimes foggy memory and, at one point, the defense accused the witness of having a "selective memory."

Ehrlich had trouble remembering dates and the sequence of events, including when he met with the district attorney, law enforcement and signed documents relating to his plea agreement.

He at one point he had to admit, "I guess I was incorrect with that previous testimony," after he was shown previous sworn statements of his that demonstrated a different order of facts than what he had just told the court.

Stewart's layer, E. Brent Bryson, was visibly frustrated when Ehrlich told him that despite his imperfect memory, he recalled Stewart at the Palms on the afternoon of Sept. 13 as Simpson and the others planned the raid. Stewart claims he wasn't at the meeting.

Still, Ehrlich couldn't say what he said to him, what they talked about, or what Stewart said to the other men.

Galanter moved for a mistrial on Tuesday after David Cook was nearly admitted as a witness.

Stweart's attorney, Robert Lucherini, also moved for a mistrial -- and filed a motion to sever Stewart from Simpson's trial, as well.

Cook is the lawyer who represents the family of murder victim Ronald Goldman. Goldman and Simpson's ex-wife, Nicole Brown Simpson, were murdered in 1994.

Simpson was charged with both murders but was acquitted in 1995 following a highly publicized criminal trial. The former NFL star was found liable three years later, however, in a civil action filed by the Goldmans.

"This testimony has no relevance to this case," Galanter said after Cook took the stand during an evidentiary hearing Tuesday afternoon. The jury was not in the courtroom for the hearing.

"It's prejudicial," Galanter said. "The reason they're calling Mr. Cook is to remind the jurors" about Simpson's previous legal troubles.

Prosecutors defended their witness.

"Mr. Simpson talks about the (civil) judgment, the Goldmans on the audio tape. This was one of the motives for the robbery," Roger said.

Simpson refers to the Goldmans as "the gold-diggers" during one of the recordings.

The State believes Simpson wanted to recover items from Fromong and Beardsley in Nevada instead of California because of his ongoing efforts to skirt turnover orders filed by the Goldmans.

"(Simpson) said that it wasn't going to work in California because his lawyers said there could be a lot of problems because of the Goldmans ... would get the stuff," Riccio testified Monday.

Simpson lived in California at the time of the alleged robbery, but has since moved to Miami, Fla.

Simpson says the items he and his entourage allegedly stole on Sept. 13, 2007 - including several NFL game presentation footballs, his 1969 NFL All-Star plaque, and numerous personal and family photos - were stolen from him.

Glass ultimately decided not to allow Cook to take the stand in the presence of the jury.

"The relevance regarding this issue and the civil suit is marginal," Glass said Wednesday morning. "The prejudice far outweighs the probative value."

Glass's conclusion was brief: "We're here to deal with this case of Sept. 13, 2007, so Mr. Cook will not be testifying."

Later that day, one of the two men who brought guns to the raid testified that Simpson told him to bring "heat" to the confrontation.

Walter Alexander said Simpson asked him and their mutual friend, Michael McClinton, to bring "heat" to help the former Simspon what he claimed were personal items from the Palace Station hotel room.

Alexander said McClinton gave him a .22-caliber handgun to bring to the run-in with Fromong and Beardsley, whom Simpson said were trying to sell personal items of his.

Alexander said Simpson acknowledged the guns during the altercation and at one point shouted, "Put the gun down."

Simpson has denied asking the men to bring weapons and has insisted that he was not aware guns were used during the alleged robbery. The former All-Star running back has said he and his colleagues simply went to the Palace Station to recover personal items that had been stolen from him and that guns were never part of the plan.

"(Simpson) said 'You won't have to use them, you know, just put them in your waistbands'," Alexander said, later noting Simpson wanted them to bring guns so the men they were going to confront would "know that we mean business."

Alexander also testified that McClinton had his gun out before he and the other men entered room 1203.

"Right before we went in the room O.J. came a little closer to (McClinton) and told (McClinton) to take the gun out and put it in his hand," he said.

One of the other men in Simpson's entourage, Charles Cashmore, testified later Wednesday afternoon that McClinton's gun came out later, "in the heat of conversation" as the men were in the hotel room. "When he first came into the room it was not out," he said.

Several witnesses have disagreed over when McClinton's gun came out. Alexander, McClinton and Fromong claim it was out as he entered the room, while Cashmore, Riccio and Ehrlich say McClinton didn't draw his weapon until after the men were in the room for several minutes.

That's not the only disagreement the witnesses share: Fromong and McClinton say both gunmen had their guns drawn during the raid, while Alexander says his weapon never left his belt.

"My gun never left my waistband," he said. "I never took it out."

Alexander said Simpson told him to return Fromong's cell phone as they were making their way out of the maze-like casino last year, but the Mesa, Ariz. resident was reluctant to return the phone. "I just really didn't want them to be able to call the police right away," Alexander said. He claimed he went to return it but couldn't remember the room number.

Cashmore testified that he told Simpson that he would return Fromong's phone to him, along with Fromong's box of Joe Montana lithographs that he took by mistake.

"Mr. Simpson said he didn't want anything that was not his and those two pieces of merchandise were not his and I had offered to take it back and take (them) ... to the front desk of the hotel," he said.

Cashmore said the items were never returned, however, because no one told him what name to leave the items under at the Palace Station front desk.

Defense attorneys alleged that Alexander tried to extort $50,000 from a mutual friend of Simpson, Stewart and his, Tom Scotto.

Alexander said that was a complete lie. He did, however, say he asked Scotto to pay his legal fees.

During the preliminary hearing, Alexander admitted that he told Scotto that if he helped pay for an attorney he would "possibly see what I could do to help O.J. out of the matter."

In the end, however, he agreed to the prosecution's plea offer that will see him plead guilty to one conspiracy charge and likely receive probation in lieu of any jail time.

Galanter motioned for a second mistrial after Alexander read the Bible on the stand and the judge restricted the defense from asking about Alexander's occupation.

Defense lawyers said Alexander's reading of the Bible during a halt in proceedings was an attempt to influence the jury.

"He brought a Bible to the stand and presented himself as a religious person," Simpson's lawyer, Gabriel Grasso, charged.

Alexander brought out his Bible while the Judge was meeting with attorneys at sidebar. The religious text was not noticed at the time.

Grasso and Galanter also tried to have the witness impeached because he told the court and signed sworn statements claiming he makes his living in real estate.

They said Alexander is a pimp, not a real estate agent as he has claimed. The accusations were made when the jury was out of the courtroom.

The defense wanted to ask him about the allegedly misleading statements, but the judge told them the topic was off-limits.

Glass refused to grant the mistrial or impeach the witness.

"Whether he's a real estate agent, a truck driver, a dog catcher, or anything else, and whether he admitted that he was or wasn't a pimp, doesn't go to his motive for testifying in this court," she said.

When Beardsley took to the stand Thursday he said Riccio's audio recording of the alleged robbery is a highly-edited "work of art."

"There's all kind of dialogue missing," he charged.

Fromong didn't object to the audio account of events when he testified.

FBI audio examiner Kenneth Marr had already told the court through a videotaped deposition that his analysis of the audio files extracted from Riccio's digital recorder was inconclusive.

"I was not able to determine whether or not the files were altered," Marr said. He said he found areas of over-recording on the device that he said "might" mean the audio files had been manipulated.

Beardsley said Riccio "took a recording of a so-called ... crime and withheld it from the police, took it back to Los Angeles for a period of time, (and) we have nothing but post-production houses in Los Angeles that could assist him in changing, altering or enhancing that tape to his liking."

"There's chain of custody issues I have with it," he said.

Beardsley reminded prosecutors that he has objected to Riccio's recording before. "There's a whole section (missing) ... and I talked to you directly about that," he told Roger.

The audio wasn't the only thing Beardsley contested. He said Riccio did not stay in the hotel room after the confrontation, either, as Riccio has stated.

The controversial memorabilia dealer said Riccio "chased (Simpson and the others) down the hall, into the parking lot ... to retrieve his package (of memorabilia) that was accidentally taken by the men."

He said he thought it was "suspicious" at the time, considering Riccio "acted like he was scared" during the raid and knew at least one of the men in Simpson's group had a gun.

Simpson's former friend and manager, Mike Gilbert, also testified Thursday.

During Gilbert's brief testimony he said he helped move several valuables Simpson's estate to stop them from being seized after the Heisman Trophy winner was in 1998 issued a $33.5-million liability judgment in the civil trial for the deaths of his ex-wife, Nicole Brown Simpson, and her friend, Ronald Goldman.

Simpson had been acquitted of their murders in 1995.

Gilbert said he and Simpson's sister fanned the items among Simpson's friends and family, and put other items in storage.

Simpson has said Gilbert stole the memorabilia and later sold it -- or attempted to sell it -- for profit.

Several of these contested items are among those that Fromong and Beardsley claim were taken from them during the hotel room raid last year.

Fromong and Beardsley, meanwhile, said they acquired the items legally from Gilbert.

Simpson's lawyers challenged the state's calling of Gilbert to the stand, arguing that Gilbert had no evidence to bear on their client's current criminal case.

"He's merely being called to prejudice this jury," Galanter said.

Stewart's lawyers argued that Gilbert had no relevance to their client's case. They suggested, again, that Stewart should be severed from the trial and tried separately from Simpson. The motion was denied.

Metro Police sergeant Rod Hunt, who worked with Metro's robbery division last year, also spent some time on the witness stand Thursday afternoon.

He told the court how he and three other officers executed a search warrant for Stewart's North Las Vegas home, and how they retrieved a notebook, a framed portrait of Stewart, a plaid shirt and a form from the DMV.

Afterward, LVPD CSI crime scene analyst, William Speas, testified how he executed a warrant at McClinton's North Las Vegas home and found two loaded and unlocked firearms inside.

He said investigators discovered both guns, a .22 Beretta and .45 Ruger, loaded alongside extra rounds of ammunition in dresser drawers in McClinton's bedroom.

Defense lawyers on Friday scrutinized what investigators said while processing the scene, as well as several errors in the Metro-produced transcripts of their tape-recorded conversations.

Metro Police detective Andy Caldwell was re-called by prosecutors on Friday to explain how investigators obtained and used evidence. He had originally been called during the first week of the trial.

He told the court how investigators contrasted phone records with audio recordings to establish a timeline of events surrounding the alleged robbery.

Using a large visual chart complete with photos, Caldwell charted the telephone correspondence between the accused and their alleged co-conspirators who have signed plea bargains with the defense. Simpson's daughter, Arnelle Simpson, is also on the chart, but the middleman who arranged the hotel room meeting, Riccio, is not.

Riccio made several calls to Simpson and others in the group, as well as to Fromong and Beardsley.

Fromong and Beardsley were also nowhere to be seen on the detective's poster board, even though Simpson called them over the phone just hours after the alleged robbery and spoke to them during the days that followed, as well.

As Caldwell reviewed phone records, prosecutors displayed cell phone invoices that included personal information, including names, addresses and Social Security Numbers.

Glass ordered the information be obstructed from view.

Caldwell explained court how investigators recovered several of the footballs that were reported missing, as well as the pillowcases that were allegedly used to haul the memorabilia out of the hotel room during the raid, from the offices of Stewart's lawyer, Robert Lucherini.

Caldwell also said police recovered Fromong's missing cell phone and box of Joe Montana lithographs from Cashmore's attorney's office.

Stewart and his lawyer willfully led investigators to the items during a walk-though of the premises. Cashmore's lawyer also co-operated with investigators.

Caldwell noted that several items Fromong and Beardsley said Simpson's entourage stole took have yet to be recovered.

He said 24 baseballs autographed by Pete Rose and Duke Snider, several hundred O.J. Simpson-autographed photos and a pair of turf-worn game shoes were never found.

Grasso highlighted several instances where be suggested investigators demonstrated bias.

Page 193 of the LVPD transcript quotes two investigators as they process evidence in the Palace Station hotel room. It reads:

Perkins: This is great. Yeah. Uh, John said, he's like, yeah. California can't get him _____ now we'll be _____ got him.

(Laughing)

Grasso said that even with the court's "junky sound system," listeners can tell that crime scene analyst Michael Perkins is actually saying, "California can't get it (expletive) done, now we'll get it done."

He suggested the investigators were talking about Simpson's 1995 double-murder acquittal.

Grasso said investigators had it in for Simpson and were determined to build the case against him.

Later in the transcript, on page 148, Perkins and another investigator, Clint Nichols, talk about Simpson's imminent arrest.

Nichols: Uh, he's gonna get arrested.

Perkins: Who, who's gonna get arrested?

Nichols: O.J.

Perkins: Oh, good.

The North Las Vegas man who brandished a loaded gun and shouted obscenities during the infamous hotel room raid testified on Friday afternoon.

McClinton said he had his Ruger P345 handgun in his hand on Sept. 13, 2007, when he entered a Palace Station hotel room and confronted Fromong and Beardsley.

He was one of the seven men in Simpson's entourage, but like four of the others, he has agreed to a plea agreement and will testify against Simpson and his co-accused.

McClinton and Alexander testified separately that Simpson asked them to bring firearms to the confrontation and then told McClinton to draw his weapon seconds before they entered the hotel room.

The confessed gunman said he brought his .45 caliber Ruger P345 and gave Alexander a .22 caliber Beretta handgun to use.

"When we finally approached the door Mr. Simpson asked me to show my weapon and to look menacing," McClinton said.

My gun was drawn when I went through the threshold of that door," he said.

He told the court how he used the weapon and a litany of vulgarities to intimidate Fromong and Beardsley.

McClinton can be heard on an audio recording of the altercation repeatedly shouting, "Pack that sh*t up! Pack it up!"

"You mother (expletive) (are) lucky you ain't in L.A. or your ass would be laying on the floor," he yells at one point.

He said Alexander pulled out his gun during the raid, too, but only for a minute or so. Alexander, however, assured the court Thursday that the gun never left his waistband.

McClinton and Alexander both said they bought a spy video camera and an audio recorder but couldn't get the miniature video camera to work.

The analog audio recorder, however, worked like a charm and McClinton used it to secretly record conversations he had with Simpson and the others after the alleged robbery.

On one of the recordings prosecutors played or the court on Friday, Simpson is heard boasting and laughing about what happened during the alleged robbery.

The former All-Star running back is also heard talking about McClinton's gun, which Simpson told police he knew nothing about, on the tape.

Simpson asks McClinton, "You didn't pull the piece out in the hall?"

McClinton replies, "No, no, no, no, no, no hell no," - though McClinton testified to the contrary, saying the gun was actually out before he entered the room.

"When they (look) at that (hotel surveillance) footage they ain't gonna see nobody carrying no gun," an unknown voice says.

Simpson sounded pleased on the recording but also talks about needing to come up with a good story to tell police. "I'm going to be all over the TV," he says. "I'm trying to figure out what story to tell 'em."

"I just don't wanna be in no mother (expletive) lock-up," he says.

When McClinton asks Simpson what he's going to do with the memorabilia the group recovered earlier that day, Simpson tells him that he's not planning on keeping it.

"I gave it to my lawyer. ... I said 'you all can have all of this, I just didn't want them to have it.' ... to be honest with you I knew now that Goldmans would get it and sell it and so I, I told these guys, 'do whatever you wanna do with it.' ... These guys earned it."

"Ain't that the truth," an unknown member of the group adds.

That tape was verified by an FBI analysis after McClinton turned it over to Metro investigators.

McClinton turned himself in to police on Sept 18 and signed a plea agreement on Oct 29. While he originally faced the same dozen robbery, kidnapping and weapons charges Simpson and Stewart still face, he now faces just two counts: robbery and conspiracy to commit robbery.

Simpson and Stewart, meanwhile, have not been offered any pleas from prosecutors and could spend the rest of their lives behind bars if convicted.

Their criminal trial will continue on Monday when McClinton will return to the stand.

BINGO: RUMORS OF SOMETHING BIG HAPPENING AT RAINBOWBINGO

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When pressing a little further I managed to receive a short statement from Rainbow Bingo CEO;

'Rainbow Bingo will be undergoing some changes over the next few weeks that will add a huge amount of fun to the online bingo game- we are proud to be able to offer our players more. We are in constant development to build the next level in online bingo solutions- we believe that we will very quickly have the best offering online'

There is a certain buzz within the chat rooms at the bingo halls that suggests that the new changes whatever they maybe are going to be a welcomed addition. Rainbow Bingo is a site not scared of breaking the boundaries not only do they offer a completely free trial but also they offer absolutely no wager requirements on Bingo games and high deposit bonuses. With already a great platform in place everyone seems eager to see what they have come up with.

Reading between the lines it seems as though there will be a new bingo platform released and maybe some additional games. The new platform is rumored to include mini games, additional chat features, emoticons and much more and players already seem excited to see what the changes will bring in terms of additional prizes and fun.

http://www.rainbowbingo.com has always been an online bingo site that wants to offer more and is dedicated to their players in providing this and fair gaming. With a new bingo platform very quickly on the horizon plus a number of additional features including new games already being worked on it definitely would be a good time to jump in quickly. Within the chat halls there were also rumors that all depositors would be receiving a loyalty bonus when the new software comes as a way of Rainbow saying thank you for their patience. This seems to be a great touch and a site that is genuinely dedicated to looking after its core members.

The new additions are eagerly awaited although no specific date has been placed yet it is widely accepted that it may happen in as little as two weeks.

This online bingo site has always been known to put its players first and to do as much as possible to make playing at the site a rewarding and fun experience. If the rumors are true which it seems almost certain to be then this may be a great time for the growing bingo sites popularity. With unique software and a player friendly touch coupled with very rewarding deposit schemes Rainbow Bingo is going from strength to strength.

Check out the site over the next few weeks and see if the rumors are true- players seem to be waiting anxiously for more news but Rainbow Bingo seem to be holding the cards close to their chests until they can unveil the new offerings.

65,000 APPLY FOR 5,300 JOBS AT ENCORE

Wynn Resorts has received 65,000 applications since July for 5,300 available positions at its new $2.3 billion Encore resort and casino.

Owner Steve Wynn is planning to move over another 1,700 employees from Encore's sister property, Wynn Las Vegas, to bring a total of 7,000 employees to Encore. The 2,034-room resort is slated to open in December.

Wynn has said he plans to use a relaxed style of interviewing, such as sitting down potential employees at a hotel bar to test their small talk skills.

Openings at Encore include positions in housekeeping, food and beverage, retail and casino operations.

The 5,300 new positions at Encore are coming at a time when the Nevada's unemployment rate is at its highest level in 23 years. Encore is still accepting applications, and with its current number of applicants, it would only be able to employ about 8 percent of them.

TROPICANA’S FORMER OWNERS SEEK TO BLOCK PROPOSED CASINO SALE

"Tropicana Casino and Resort's former owner is threatening to block the proposed $700 million sale of the gaming hall to a Baltimore developer, saying the offer is a "fire sale" price for a much more valuable property.

"Tropicana Entertainment LLC said Wednesday it intends to 'pursue legal and other strategic alternatives' to prevent Cordish Co. from buying the troubled casino in a bankruptcy auction.

"'The purported price for the Atlantic City property understandably reflects a fire sale mentality on the part of prospective buyers who see an extraordinary opportunity in a depressed market, which creates a windfall at the expense of other innocent parties,' Scott C. Butera, Tropicana Entertainment's chief executive officer, said in a statement.

"Butera's remarks were in reaction to an announcement Tuesday that the state-appointed conservator overseeing the sale had named Cordish as the leading bidder in a planned U.S. Bankruptcy Court auction.

"...Tropicana Entertainment is trying to regain control of the property, even though the company and its affiliates were stripped of their New Jersey gaming license in December following mass layoffs, regulatory violations and customer complaints of filthy rooms and overflowing toilets..."

BINGO: LAWMAKERS SAY BINGO TAX UNFAIR, REPEAL LIKELY

Before bingo operators uttered an opposing word against it, members of a legislative committee concluded Wednesday that a state tax on charitable bingo games is unfair and should be repealed altogether.

Doing so would cut funding for regulators and end state oversight of charitable bingo approved by popular vote two years ago, a move the state fiscal office warned could open the door to professional operators that might dwarf charitable organizations.

Lawmakers were undaunted.

"Does the chair deem it that the consensus is that we made a big boo-boo in putting this tax on (bingo) and all we need to do is correct that boo-boo, sew up and close the door?" asked Sen. Ruth Whitaker, R-Cedarville.

"I would certainly agree with that assessment," replied Rep. David Evans, D-Searcy, who was chairing the meeting of the Joint Performance Review Committee.

The panel met Wednesday discuss three proposed interim studies regarding elimination of the 1-cent tax on bingo game cards and to hear comments from a variety of bingo operators from across the state.

The tax generated about $1.1 million last fiscal year, of which about $600,000 funded a new five-member division within the state Department of Finance and Administration formed to monitor bingo operations across the state. The rest of the money went into the state's general fund.

"In my opinion, I believe that $1.1 million really needs to go back to our communities across the great state of Arkansas to go to the charities and other contributions that all of these organizations make to their local people," said Rep. Tracy Pennartz, D-Fort Smith.

Pennartz, holding up a box containing 9,000 bingo game cards, said each box costs $27 and a $90 tax - 1 cent per game card - is added to that. Lawmakers were later told that that the cost of playing bingo varies depending on the organization, with some paying $25 for a packet of 66 cards.

More than 500 people, mostly members of VFW posts around the state, crowded into the back of the large legislative meeting room during the three-hour hearing and on occasion cheered when a lawmaker spoke against the tax.

Bingo operators eventually got their say, complaining that the tax had caused nonprofit organizations to cut back or eliminate programs such as funding scholarships and helping send high school students to Boys State and Girls State.

Bill Vines, commander of an American Legion Post 31 in Fort Smith, said his post had to forego assisting college students this year and that the organization is trying to sell its building to help make ends meet.

James Dahlem of VFW Post 8532 in Clarksville, said organizations in his area also are discontinuing all charitable giving because they don't have any money.

Dahlem the state VFW is recommending its members oppose any candidate running for the Legislature who supports the tax.

John Theis, the assistant state revenue commissioner, cautioned lawmakers and bingo operators about potential problems with eliminating state oversight of the games.

"Without regulation there is some concern that these large bingo organizations will come in and compete with these men and women back here trying to raise money for charity," Theis said.

And despite getting letters from local law enforcement supporting repeal of the tax, Theis said DF&A "is concerned about the limited resources that law enforcement has and whether it will result in unequal enforcement as those with more limited resources deal with violent crimes and things of that nature."

Bingo and raffles were viewed as constitutionally banned lotteries - some church and other groups still ran the games - until voters in 2006 approved a constitutional amendment authorizing recognized nonprofit organizations to conduct the games for charitable purposes.

Theis presented a report showing bingo revenue totaled about $3 million for 99 nonprofit operators during the first nine months of last fiscal year, and about $623,000 in taxes paid, indicating bingo operators were paying about a 20 percent tax.

"I wonder how the Red Cross would react if we charged them 20 percent to do business with the state," Sen. Dave Bisbee, R-Rogers, asked. "Do we really want to tax charities?"

Rep. Betty Pickett, D-Conway, questioned why lawmakers were discussing the tax when, according to the DF&A report, nearly 70 percent of all money the nonprofits make on bingo goes to the prizes, while 6 percent ends up in the hands of charities.

Several people watching the meeting from the back of the room yelled that no one would play the games if there were no prizes.

CASINO BACKER CALLED RESPECTED, FOLKSY

"The Nevada developer now leading the campaign to allow a four-season gambling resort in Oxford County is a Louisiana native and son of a professional poker player and has been part of the Las Vegas casino scene for more than 40 years.

"Last week Dean Harrold, the 63-year-old vice chairman of Olympia Gaming, emerged as the latest player in the ongoing political battle to expand gambling in Maine beyond Bangor's Hollywood Slots racino. A former president of Caesars Palace, Harrold took over the campaign for Question 2 on the Nov. 4 ballot.

"Harrold's company wants to build a $100 million resort with slot machines, blackjack tables, roulette and other games in an as-yet-to-be-determined location in Oxford County. He describes himself as a Republican and political neophyte who is eager to help put Mainers to work.

"...During his tenure at Caesars, he was named to the Las Vegas Review-Journal's list of best casino executives and was dubbed the 'most folksy'..."

PADDY POWER CASINO UNVEILS NEW SITE REDESIGN

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HOPE FOR ONLINE POKER ADVOCATES

With the congressional session winding down in Washington, some gamblers and online poker advocates were caught off guard when the House Financial Services Committee recently introduced, then passed, a bill that would overturn much of the Unlawful Internet Gambling Enforcement Act.

The bill, HR6870, would likely make it easier for Internet poker players to make deposits and cash out winnings online.

The enforcement act, signed into law by President Bush in 2006, severely restricts financial transactions linked to online gambling. After its passage, several major poker sites pulled out of the U.S. market.

Efforts to overturn the law are followed closely in Las Vegas, which has become the de facto home of many major players with online gambling interests.

Jay Lakin, the co-owner and vice president of Poker Source Online, praised the committee chairman, Rep. Barney Frank, D-Mass., for leading the drive against the enforcement act.

"The fact that Barney Frank introduced HR6870, the Payments System Protection Act, on a Thursday and had it marked up Tuesday shows that he's motivated to overturn the UIGEA," Lakin said. "Maybe there is finally a light at the end of the tunnel."

Although approval of the bill generated praise from poker players, one of its provisions has to worry online sports betting advocates. The bill evidently would expressly prohibit financial institutions from approving transactions linked to sports betting.

Many serious sports bettors in Nevada, the only state with legal sports betting, would like to have some online "outs," or sports book accounts, to complement their casino sports wagering — without fear of treading in a legal "gray area."

Some big offshore sports books already offer an online poker room as part of their operation, though. It's possible others could add poker if they believe they could take advantage of a U.S. law that permits online financial transactions linked to poker.

In other words, perhaps U.S. citizens could deposit money into the poker room of a particular online gambling giant, then transfer the funds into the sports book of the same operation and bet sports to their hearts' content.

It's unclear how lawmakers, if they remain dead set against sports betting, would address such potential loopholes, according to Dan Cypra of Pocketfives.com, a poker insiders' Web site.

"There are probably a couple of ways it could go, depending on how it's enforced," Cypra said.

Regardless, Cypra believes the ongoing economic turmoil in the United States could prompt more lawmakers to look toward online betting and its ancillary financial businesses for new streams of revenue.

"The longer we struggle with the economy, the more important online gambling becomes," Cypra said.

Poker for a cause

The Hacienda near Boulder City will host the second annual Shane Patton Scholarship Fundraiser, a no-limit Texas hold 'em tournament, at 5:30 p.m. Saturday in the hotel's banquet room.

Sign-ups begin at 5 p.m. for the tournament, which carries an entry fee of $50 with $20 rebuys available for players who bust out early.

Half of the prize pool goes to the Shane Patton Scholarship Foundation, which honors the memory of Patton, a 2000 Boulder City High School graduate who died in Afghanistan while serving as a Navy SEAL.

Patton was killed along with 15 other U.S. servicemen when their MH-47D Chinook helicopter was shot down during a rescue mission.

The incident was the basis for last year's best-selling book by Marcus Luttrell, "Lone Survivor: The Eyewitness Account of Operation Redwing and the Lost Heroes of SEAL Team 10."

Since last year's benefit tournament at the Hacienda, the Patton foundation has awarded seven scholarships to Boulder City High graduates.

The other half of the prize pool goes to the tournament's top finishers. The payout structure will be determined by the number of entries.

To register early, call Grant Turner at 375-6923.

Contest update

Las Vegas poker pro Bill Edler won the first opening-round match in the "Money Talks" football handicapping contest sponsored by Leroy's sports books, with a second pairing scheduled for tonight at the Riviera.

Edler went 5-2 against the point spread in his seven picks to knock out Sal Selvaggio of Maddux Sports (4-3) last week.

In this week's match (10 p.m., KLAV 1230-AM), Ken "the Shrink" Weitzner faces Minnesota-based Vince Armstrong, a newcomer to the $5,000-entry contest.

Weitzner, a former psychiatrist who owns the Eye on Gambling Web site, was knocked out by Jorge Gonzalez in last year's contest.