Asia’s Second-Richest Lui Expands Casino Empire Beyond Macau
Jan. 29 (Bloomberg) — Lui Che-woo became Asia’s second- richest person by setting up a casino company that within a decade became the world’s third-biggest by market value. The 84- year-old says he’s just hitting his stride. “What can I…
Ky. Baptist leader condemns expanded gambling
FRANKFORT, Ky. (AP) – A Kentucky Baptist leader warns that casinos would “prey on the most vulnerable” as his organization launched a radio ad aimed at stirring grassroots opposition to expanded gambling. The ad, featuring the Kentucky Baptist Convention’s executive…
Mohegan Sun strikes deals.
REVERE, Mass. (AP) – Mohegan Sun says it has struck deals with seven surrounding communities as it pursues a $1.3 billion resort casino on land owned by Suffolk Downs in Revere. The companies announced on Tuesday that agreements, or agreements…
Caesars said to weigh bid for Revel casino in Atlantic City
Christopher Palmeri and Krista Giovacco, Bloomberg (Bloomberg) — Caesars Entertainment Corp. is considering making a bid for Revel Casino Hotel, the Atlantic City, New Jersey, property that went through bankruptcy last year, according to people with knowledge of the situation….
Welcome our newest member BigCorporate
Welcome to the site, You are surrounded by some of the most dedicated craps enthusiasts in the world. Hope that you start to join in the conversations and or give some of your own accounts. If you can, please fill…
Dean's message to incoming freshmen
The dean was making his speech to the new freshmen students and he said "the female dorm is off limits to all males and the male dorm is off limits to all females. If caught the fine the first time…
S.D. proposes tougher rules for banned casino players
Chet Brokaw, Associated Press PIERRE, S.D. (AP) – South Dakota gambling regulators are seeking to strengthen a state law that allows cheaters or other disreputable players to be banned from Deadwood casinos. The South Dakota Gaming Commission already has authority…
After more than 20 years in the financial-services rat race, Swiss banker packed it in and turned to horse racing for a living.
Patrick Winters, Bloomberg 46-year old Michael Reichstein quit his job as a vice president at UBS AG’s private-banking unit in Zurich where he advised wealthy clients in countries from Jordan to Lebanon and in 2011 began offering bets on British…
retired LA County firefighter pleaded guilty for illegal sports gambling, from firehouse
Amy Taxin, Associated Press SANTA ANA, Calif. (AP) – A retired Los Angeles County firefighter pleaded guilty Monday to a federal charge of running an illegal sports gambling business that authorities said appeared to operate in part from a firehouse…
In jail since '11, Joseph Ligambi walks free
Joseph Ligambi, left, walks out of the Federal Courthouse with his brother, Phil, center, on January 28, 2014 Amelia Brust, Inquirer Staff Writer With the last of the federal charges against him dropped, reputed mob boss Joseph "Uncle Joe" Ligambi…