Betty Willis, the designer of Las Vegas sign, dies at 91
LAS VEGAS — The woman who came up with a neon sign that has welcomed countless visitors to “fabulous Las Vegas” since 1959 has died. Betty Willis, credited with designing the “Welcome to Fabulous Las Vegas” sign, died in her…
New Jersey's legal Internet casinos hope a credit-card code released Friday will spur big banks into finally greenlighting payments for online gambling
By REUBEN KRAMER, Staff Writer New Jersey’s legal Internet casinos hope a credit-card code released Friday will spur big banks into finally greenlighting payments for online gambling, though there’s skepticism about whether the code will have banks reversing blanket bans….
According to NBA Commissioner Adam Silver Gambling is good for business.
NBA commissioner Adam Silver has been outspoken on the topic of sports gambling — back in November, he wrote an op-ed in the New York Times where he argued that betting "should be brought out of the underground." On Monday,…
Cruise liners anchored in Malta can now operate casinos for passengers
On-board casinos can now operate between 6 p.m. and 6 a.m, in return for a license fee per ship payable to the government. The fee is €500 for cruise liners carrying less than 1,500 passengers and €1,000 for cruise ships…
The Smart Way to Get Rich Off Las Vegas Casinos
The Motley Fool Place enough bets in a Las Vegas casino, and it’s sure to burn a hole in your pocket. The first rule in Las Vegas is, "The house always wins" and every bet in a casino is tilted…
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…