Money Laundering at Las Vegas Casinos: Is This an Investment Risk?
Las Vegas has been a bright spot lately in an otherwise grim gaming industry in which Las Vegas Sands (NYSE: LVS ) , Wynn Resorts (NASDAQ: WYNN ) , and MGM Resorts International (NYSE: MGM ) have suffered major revenue…
FBI’s Internet Ruse Ruled Offside in World-Cup Gambling Case
(Bloomberg) — The FBI crossed the line when it cut off the Internet connection of a luxury villa at Caesars Palace to gain access disguised as repairmen, a Las Vegas judge said in tossing evidence gathered during a search of…
$50M upgrade part of Tropicana’s turnaround in Atlantic City
ATLANTIC CITY, N.J. (AP) – Eight years ago, Atlantic City’s Tropicana casino was hanging by a thread. Its former owner cut staff to the bone and let the sprawling complex deteriorate so badly that New Jersey gambling regulators stripped it…
Caesars division asks for more time to file bankruptcy plan
The bankrupt operating division of casino empire Caesars Entertainment Corp. wants more time to file its reorganization plan to get out from under some $18 billion in debt. Caesars Entertainment Operating Co. lawyers filed a motion this week asking a…
Texas: Gambling bills coming up losers in Legislature
AUSTIN — If you’re betting that an expansion of legalized gambling in Texas won’t happen in the near future, consider it a sure thing. The Legislature is further away from expanding gambling than it has been in years. Even the…
Leaving for Memphis/Tunica
I am leaving this morning the Memphis/Tunica Class. Driving to Columbus, Ohio to hook up with Dom and then we will head to Class on Wed. Morning. If you need me call me or preferably text me on my cell….
News Test
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She had 4 Husbands??
The local news station was interviewing an 80-year-old lady because she had just gotten married for the fourth time. The interviewer asked her questions about her life, about what it felt like to be marrying again at 80, and then…
The “Atlantic City 14″ and the Future of Advantage Play
By Eliot Jacobson, Ph.D. The saga of the 14 gamblers who won $1.5 million from the Golden Nugget in Atlantic City by exploiting un-shuffled cards in mini-baccarat continued this week. In case you missed the story, in April, 2012, these…
Memphis/Tunica
April 24, 25, and 26. Drop what you are doing and make plans now. It will be a great time. Let us look at your shot and then go to the casino. Who will be TOP GUN of Tunica? Goldfinger…