Rob Manfred says MLB could support legalized gambling
New commissioner Rob Manfred says he would be open to Major League Baseball considering a new approach to legalized gambling. Echoing statements that NBA commissioner Adam Silver made recently, Manfred told ESPN’s Outside the Lines on Thursday that, "It’s important…
China Clamps Down on Foreign Casinos Wooing Chinese Gamblers
Stephanie Wong and Billy Chan, Bloomberg · February 6, 2015 at 4:15 am Bookmark and Share (Bloomberg) — China is starting a crackdown to stop foreign casinos from luring its citizens to gamble overseas, as the government extends its campaign…
Lost slot machines, unshuffled cards draw fines for casinos
Wayne Parry, Associated Press · February 3, 2015 at 2:48 pm ATLANTIC CITY, N.J. (AP) – Two tasks should be among the most basic at any casino: Keep track of how many slot machines are in use, and shuffle the…
New Jersey's Revel Casino asks court to let sale go through
(Reuters) – New Jersey’s shuttered Revel Casino on Tuesday asked a federal judge to lift a stay on its pending sale to a Florida investor, arguing in a filing that creditors will be harmed if the deal does not go…
Wynn Macau Falls on Earnings, Delayed Opening of New Resort
Stephanie Wong and Christopher Palmeri, Bloomberg · February 4, 2015 at 3:51 am (Bloomberg) — Wynn Macau Ltd. dropped in Hong Kong trading today after the company’s earnings missed estimates and said its new casino resort in the city would…
Exclusive: Amid U.S. probes, Caesars poaches top money laundering expert
(Reuters) – Caesars Entertainment Corp (CZR.O), under investigation by the U.S. Treasury and a federal grand jury over alleged failures to comply with anti-money laundering law, has hired away Wal-Mart Stores Inc’s (WMT.N) top expert. Caesars, whose operations include the…
Journalism Students Investigate Mississippian Casinos with documentry
Casinos in Mississippi: Worth the Gamble is a new documentary produced by the University of Mississippi’s Meek School of Journalism that explores the impact of casinos in the state since they were legalized in the 1990s. Full documentary https://www.youtube.com/watch?v=EYxEocskLQ4 The…
Upstte New York: Land clearing for casino begins
By STEVE ISRAEL Times Herald-Record TOWN OF THOMPSON – It was a moment for which thousands have waited nearly a half-century. At 11:10 a.m. Wednesday, on a cloudy, Sullivan County-cold morning, a red Komatsu Forest tree harvester sliced tree after…
BREAKING NEWS: Caesars CEO Loveman stepping down in wake of bankruptcy
By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL Caesars Entertainment Corp. Chairman Gary Loveman will step down from the company’s chief executive role on June 30 and will be replaced by the former chairman CEO of Hertz Global Holdings, the casino giant…
Atlantic City’s Credit Rating Cut to Junk by Standard Poor’s
Stacie Sherman, Bloomberg · January 27, 2015 at 8:21 pm (Bloomberg) — Atlantic City, New Jersey’s struggling gambling hub, had its credit rating cut to junk by Standard & Poor’s because of Governor Chris Christie’s appointment of an emergency-management team…