Nevada gaming revenues up 8.11 percent in May
Howard Stutz, Las Vegas Review-Journal Nevada gaming revenue jumped 8.11 percent in May, which included the Strip’s largest single-month increase this year. The Gaming Control Board said Friday casinos statewide collected $970.3 million in the month. Strip casinos collected almost…
Awake, and digesting the latest news from Caesars
Commentary By Jeffrey Compton; Its 4:00 a.m. in the morning – Cleveland time. I’m in my middle of my morning CDC newsroom editing chores (albeit a little early, but I am on a new training regimen that has thrown my…
Illinois casinos complain video gambling hurting bottom line
Illinois casino officials say they severely underestimated the impact video gambling would have on their bottom line and are asking state regulators to intervene as they continue to lose business to machines at neighborhood bars and truck stops. Tom Swoik,…
Pals Who Tossed $1 Million Lotto Ticket Sue New Jersey for Cash
Pals Who Tossed $1 Million Lotto Ticket Sue New Jersey for Cash Erik Larson, Bloomberg · (Bloomberg) — Two best friends who say they threw out a $1 million winning New Jersey lottery ticket, based on outdated information, sued the…
International traffic helps propel McCarran to ninth straight month of growth
Richard N. Velotta, Las Vegas Review-Journal A double-digit percentage increase in international passenger traffic assured McCarran International Airport of its ninth straight month of growth in May. The Clark County Aviation Department on Thursday announced that 3.8 million people used…
IRS agents head to Macau as U.S. steps up scrutiny of casinos
BY BRETT WOLF Reuters) – U.S. authorities are ramping up their investigation into money flows from gambling hotspot Macau to ensure that U.S. casinos with operations there are not used as conduits to funnel crime proceeds from Asia and elsewhere…
Macau Limits Jewelers to Add More Card Devices in Casinos
Vinicy Chan, Bloomberg Macau’s government banned jewelry and watch retailers operating in casinos from adding new card devices starting next month, adding to moves to regulate money flow in the world’s largest gambling hub. While banks were asked to strengthen…
Bwin.Party, (Borgata's online partner) Online Casino Said to Weigh Sale Among Options
(Bloomberg) — Bwin.Party Digital Entertainment Plc, a pioneer of online gambling, is considering selling some or all of the company as part of a strategic review, two people with knowledge of the matter said. The Gibraltar-based company, a partner in…
New York- Wilmot unveils new $425 million casino resort plan
ALBANY—Wilmorite, the Rochester-based real estate company, will unveil redesigned plans today for a $425 million destination casino-resort in the town of Tyre in the state’s Finger Lakes region. The casino’s developer, Tom Wilmot, will also get new partners and the…
Iowa panel won’t suspend ruling on casino closing
Associated Press SIOUX CITY, Iowa (AP) – The Iowa Racing and Gaming Commission has refused to suspend its order that the Argosy riverboat casino in Sioux City must close. Attorneys for the Argosy’s operator, Penn National Gaming Co., on Wednesday…