Pro-Internet Gambling Coalition Increases Efforts to Combat Adelson
The Coalition for Consumer and Online Protection completed its initial three-week, $250,000 media campaign to fight against a federal ban on Internet gambling, spending the money on advertisements that ran on the home pages for the websites of The Washington…
Fraternal Order of Police Once Again Opposes Internet Gambling Ban
Once again, the Fraternal Order of Police expressed their staunch opposition to a federal prohibition on Internet gambling. In a letter sent to Sens. Harry Reid and Mitch McConnell, and Reps. John Boehner and Nancy Pelosi, FOP National President Chuck…
As at November, Macau gaming revenue had plummeted for six consecutive months
The worst has yet to come. As at November, Macau gaming revenue had plummeted for six consecutive months. According to our calculations, the crisis could cost the government a pretty penny. T he crisis was expected to last just two…
Taj Mahal casino closes hotel tower, ends credit
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Trump Entertainment Resorts says it is closing its newest hotel tower and is no longer issuing credit as it prepares for a Dec. 12 shutdown of the Taj Mahal, its lone…
Man wins $14.3 million jackpot at Rampart Casino
LAS VEGAS (AP) – Casinos officials say a Las Vegas man turned $20 into nearly $14.3 million after winning a Megabucks slot machine jackpot at the Rampart Casino near Las Vegas. Rampart Casino spokeswoman Jenifer Smith said Monday that the…
Commentaries What Kind of a Person Cheats at Poker?
By Ken Adams Did you hear the joke about the poker player who counterfeited chips? He got a flush, but still lost. In January, a poker player from North Carolina brought his own chips to a big-time poker tournament in…
Chinese VIPs Flee Las Vegas Tables Amid Anti-Corruption Drive
(Bloomberg) — Baccarat winnings on the Las Vegas Strip fell 36 percent to $97 million in October, echoing declines in Macau where a crackdown on corruption in China has crimped high-end play. Total casino revenue on the Strip fell 5.6…
Foxwoods, biggest US casino, cuts back on gambling
HARTFORD, Conn. (AP) – Foxwoods, the largest casino resort in North America, is reducing its number of slot machines and table games to free up space for nightclubs and other new attractions as it adapts to fierce competition, the new…
Hustler wants to be first strip club with sports book
Las Vegas’ Hustler strip club on Friday filed an application with the Nevada Gaming Commission to become the first strip club with a sports book. This is a serious application, not a stunt, and if Hustler has to tell strippers…
Caesars Creditor Group Sues for Receiver to Run Operating Unit
(Bloomberg) — A Caesars Entertainment Corp. creditor group said managers should be stripped of control of the casino company’s operating unit because they looted the subsidiary of billions of dollars in assets. UMB Bank, trustee for first-lien noteholders owed about…