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Kentucky’s Perfect NCAA Run Causes Indigestion at Sports Books

Mason Levinson, Bloomberg Nick Bogdanovich could use some antacid. Bogdanovich, the director of trading at sports book operator William Hill U.S., in July posted 50-1 odds the University of Kentucky would have a perfect season. As the Wildcats reached the…

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Civil Asset Forfeitures: Players who travel with cash, beware!

Civil Asset Forfeiture is on the rise and getting more rampant and law enforcement is getting more aggressive especially about seizing cash. In these cases, you are presumed innocent until you can prove yourself innocent. Even if you have done…

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Plan to use former Showboat casino as campus falling apart

Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – One of the few silver linings of Atlantic City’s brutal casino contraction – the conversion of a shuttered casino into a college campus – is on the verge of falling apart….

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Class-action lawsuit says Las Vegas Strip casinos hid resort fees

A class-action lawsuit filed in a California federal court alleges the Venetian and Palazzo resorts hid daily resort fees from travelers booking rooms at the Las Vegas Strip properties. The lawsuit filed earlier this month said Benjamin Brin of Studio…

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Macau top official’s speech not the message Las Vegas wanted to hear

By Howard Stutz, Las Vegas Review-Journal A policy address by Macau’s top government official this week wasn’t an uplifting and positive message the casino industry and the investment community were hoping to hear. Macau Chief Executive Fernando Chui told lawmakers…

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Asian casinos woo Chinese as corruption drive hits Macao

Visitors are given a demonstration at a booth of the Global Gaming Expo Asia in the world’s biggest gambling hub of Macao At the oceanfront Ramada Plaza hotel on South Korea’s Jeju island, about a hundred Chinese gamblers huddle around…

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Former Yankee Vernon Wells Tries Fantasy Basketball Seeking $1 Million Victory

Vernon Wells spent part of spring training sharing his baseball expertise with Toronto Blue Jays prospects. Now he’s focused on tapping his basketball knowledge to collect $1 million. A former New York Yankees outfielder who hit 270 home runs over…

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Democratic Governors Association opposes online gaming ban bill

In a letter issued this week, the leadership of the Democratic Governors Association urged House and Senate leadership to oppose Sheldon Adelson’s legislation to ban online gaming preceding a hearing in the House of Representatives next week. In the letter…

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80 years later, how would Atlantic City-based Monopoly look?

By Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Monopoly is celebrating 80 years of capitalist cunning and dinner-table deals. The board game based on the real-life streets of Atlantic City was “born” on March 19, 1935, when Parker…

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Caesars Dissolves Deals With Kansas City Chiefs, Others

Kimberly Pierceall, Associated Press An arm of casino giant Caesars Entertainment Corp. can tear up contracts it had with the Kansas City Chiefs, a Springhill Suites in Louisiana and audio company Monster Inc. that says it feuded with Planet Hollywood…