The Risky Business of Loss Rebates
By Eliot Jacobson, Ph.D. In early 2011, Don Johnson won more than $15 million playing blackjack at Atlantic City. Before he began, he negotiated a number of perks that moved the edge squarely to his side. The most valuable was…
Brain region linked with gambling addiction identified by scientists
Scientists from the University of Cambridge believe they have identified the region of the brain that leads to problem gambling. The research could change the way gambling addicts are treated. The study found that brain damage affecting the insula –…
Atlantic City casino earnings fell 35 pct in 2013
ATLANTIC CITY, N.J. (AP) – Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City’s casinos from seeing a big decline in their earnings in 2013. The…
$12.5M price tag for former Claridge casino sale
ATLANTIC CITY, N.J. (AP) – Bally’s Atlantic City has revealed how much a buyer paid for the former Claridge casino hotel in Atlantic City. In a filing with state casino regulators made public Monday, Bally’s says TJM Properties paid $12.5…
Unauthorized sites said trying to entice legal online gamblers in N.J.
By Harold Brubaker, Inquirer Staff Writer POSTED: April 06, 2014 Since New Jersey legalized Internet gambling in November, offshore operators have intensified efforts to entice gamblers in the state to their unauthorized sites, according to an executive at one of…
Island Breeze casino cruise ship gets flowing
Casino cruise ship launches with $3 million makeover The Island Breeze takes to the sea twice daily. The Island Breeze takes to the sea twice daily. (Eduardo Schneider/Courtesy ) April 4, 2014|By Nick Sortal, Staff writer Island Breeze executives hope…
Mohegan Tribe protects benefits with casino empire
UNCASVILLE, Conn. (AP) – A gaming slump is eating into the profits of Mohegan Sun, but the 2,000 tribal members who draw benefits from the massive casino aren’t feeling the pinch – not with money coming in from a burgeoning…
High-roller claims casinos stuck him with pricey freebies after $100K win
By Selim Algar NY Post He’s taking on Atlantic City. A wealthy Long Island businessman and self-described “high-roller” gambler is suing a pair of ritzy Atlantic City casinos for begging him to spend his cash at their tables – and…
LV Sands unveils multimillion-dollar philanthropic effort
Howard Stutz, Las Vegas Review-Journal Bookmark and Share Las Vegas Sands Corp. is unveiling a multimillion-dollar global philanthropic effort today that signifies the gaming company’s presence internationally and aims to address needs in the casino operator’s home communities. The initial…
Local Casinos Are a Losing Bet
The Harrah’s casino in Tunica, Miss., features a spa, three pools, a golf course, and a shooting range. But there’s one thing the 18-year-old facility, the largest of 10 casinos in the area, sorely lacks: gamblers. The northern Mississippi casino…