Macau busts $645 million in illigal World Cup betting ring
Macau’s legal gambling revenue dwarfs that of Las Vegas, but illicit betting rackets continue to thrive. By Sophie Brown, CNN (CNN) — Police have smashed an illegal betting syndicate in Macau for allegedly taking the equivalent of US$645 million in…
Changing fortunes: Sports teams rise, fall — and so does Macau gambling
By Howard Stutz, Las Vegas Review-Journal The last time Macau’s casino industry experienced a monthly gaming revenue decline, the Los Angeles Lakers won their 16th National Basketball Association championship and the Los Angeles Kings were National Hockey League doormats. Fortunes…
PA horse racing industry in jeopardy of a catastrophic shutdown, report
Madison Russ, Special to the Philadelphia Business Journal Pennsylvania may soon need to hold their horses—literally. Auditor General Eugene DePasquale warned last week that Pennsylvania’s billion-dollar horse racing industry is in jeopardy due to the diversion of funds and declining…
(Reno) Peppermill launches online poker
The Peppermill Resorts empire is in the online poker business. The privately owned operator of five Northern Nevada casinos today began Internet play within the state’s borders in a partnership with Las Vegas-based online gambling operator Ultimate Poker. In a…
Mississippi casino revenues dip sharply in May
JACKSON, Miss. (AP) – Casinos across Mississippi saw big drops in revenue in May, dipping by 10.6 percent compared to the year before. Mississippi Department of Revenue figures show casinos statewide won $172 million from gamblers in May, down from…
Court upholds $19 million judgment in case involving Steve Wynn
LOS ANGELES — An appellate court on Monday upheld a $19 million judgment against “Girls Gone Wild” founder Joe Francis in a slander case filed over his claims that casino mogul Steve Wynn had threatened to kill him. The California…
Free Play – Do Casino Players Like it?
Commentaries By Jean Scott Autor of the Fugal Gambler more on her http://queenofcomps.com/ In the good ol’ days, casinos rewarded players mostly with comps, but sometimes with hard cash. We loved cash rewards, which we could put in our pocket…
Mourning the Passing of Keno and Keno Men
Commentaries by By Ken Adams, Editor of CDC Gaming Report and long time reporter on the casino industry. Casino gaming is a mature industry, long past its youth. The last members of its pioneering generation are disappearing all too quickly….
Bulls Are Favored Over Knicks to Sign Anthony as NBA Free Agent
Erik Matuszewski, Bloomberg (Bloomberg) — Carmelo Anthony has a better chance of joining the Chicago Bulls as a free agent than staying with the New York Knicks, according to oddsmakers. Anthony, 30, said throughout the 2013-14 season he intends to…
Atlantic City's mayor floats idea of port for tour-cruise lines
By DONALD WITTKOWSKI, Staff Writer ATLANTIC CITY — Planes, trains and automobiles all deliver tourists to the doorsteps of Atlantic City. Buses, too. Strangely, what’s missing from a seaside resort named after the Atlantic Ocean are ships. Searching for new…