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Last shot? New Jersey back to court in sports betting fight

David Porter, Associated Press NEWARK, N.J. (AP) – New Jersey is taking its 2 1/2-year battle to legalize sports gambling back to the same court whose previous ruling handed it a defeat but also provided an opening to pursue further…

Sports

Pete Rose Applies for MLB Reinstatement Under New Commissioner

Erik Matuszewski, Bloomberg · March 16, 2015 at 1:23 pm Share on facebookShare on twitterShare on emailShare on pinterest_shareMore Sharing Services 1 (Bloomberg) — Pete Rose has requested that his lifetime ban from Major League Baseball be lifted and new…

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Kentucky Eyes Championship Nets, 40-0 Record as NCAA Top Seed

Erik Matuszewski, Bloomberg · The Kentucky Wildcats are so focused on winning their ninth national championship and completing college basketball’s first unbeaten season in 39 years, they forgot to cut down the nets in celebration of winning the Southeastern Conference…

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Atlantic City Tries Its Luck Offering Skill-Based Games

One Atlantic City casino is betting that gamblers might want to take the chances of winning out of Lady Luck’s hands – and directly into their own. The Borgata is hosting a basketball free-throw tournament on March 21, and says…

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Beijing to take step to bolster anti-corruption drive

China is preparing to establish a ‘super’ anti-graft bureau that will investigate high-ranking officials suspected of corruption, Procurator-General Cao Jianming said in an interview with the China Daily newspaper. The plan for the bureau has already been approved by the…

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Chinese government almost seems to be purposely torpedoing Macau

By Howard Stutz, Las Vegas Review-Journal If we didn’t know better, one might believe the Chinese government is trying to sabotage Macau’s already sinking gaming market. Nine straight months of casino revenue declines, including a record 49 percent drop in…

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Judge denies Revel casino sale for $82M to Florida developer

Wayne Parry, Associated Press CAMDEN, N.J. (AP) – A bankruptcy judge on Friday denied the sale of Atlantic City’s former Revel casino to a Florida developer for $82 million. Judge Gloria Burns said she lacks jurisdiction to approve the purchase…

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Lower trigger of $600 for jackpots seen as costly for casinos

Howard Stutz, Las Vegas Review-Journal A Wall Street gaming analyst calculated that individual casinos could lose roughly $530,000 per year under a proposed Internal Revenue Service change that would lower the reporting rules for casino customer winnings. The suggested move…

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February Atlantic City casino revenue down 14.8 percent

Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Atlantic City’s February casino revenue declined by 14.8 compared with a year ago, when there were 11 casinos operating instead of the current eight. Even the eight surviving casinos saw their…

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February 2015 Atlantic City casino revenue

Here is a look at Atlantic City casino revenue in February 2015 and how it compares with February 2014’s: Bally’s: $14.3 million, down 13.6 percent Borgata: $48.6 million, down 2.7 percent Caesars: $24.6 million, down 3.7 percent Golden Nugget: $15.9…