Aftershocks rattle companies following Nevada daily fantasy sports ruling
By Howard Stutz Las Vegas Review-Journal There are at least 1.3 billion reasons why the operators of DraftKings and FanDuel are beginning to sweat. The two largest daily fantasy sports companies were each valued at $1.3 billion this year by…
Will sale of Caesars' bankrupt casino operating unit attract buyers?
By Tracy Rucinski Reuters CHICAGO — When a bankrupt operating unit of Caesars Entertainment went on the market earlier this month, the package consisted of 38 casinos, including Caesars Palace on the Strip. But those watching the sale have focused…
East Texas tribe to offer bingo after federal ruling
LUFKIN, Texas (AP) – A Native American tribe in East Texas says it plans to offer electronic bingo on its tribal land after receiving clarification on the issue from a federal agency. The Lufkin Daily News reports (http://bit.ly/1k7QuZF ) the…
Don’t Outlaw Fantasy Sports, Just Regulate Them
By Bloomberg View 2 In the past few weeks, the fantasy sports business learned it was facing an FBI probe, an investigation in New York, a ban in Nevada, inquiries from Congress, multiple lawsuits, and a raft of alarming questions…
Penn National plans development program for the Tropicana
By Howard Stutz Las Vegas Review-Journal Regional casino operator Penn National Gaming said Thursday it will launch a development plan for the Tropicana Las Vegas that would take three to five years to implement. The company announced in April it…
Bookmakers 'refusing to take bets from successful gamblers'
Some bookmakers are "refusing to take bets" from successful gamblers, it has been reported. Some clients told the BBC they had their betting accounts closed or their bets "restricted" following wins. Bookmakers say they limit bets from a minority of…
Betting on FanDuel and DraftKings for Super Bowl 50
By Ken Adams It was just a few weeks ago. The San Francisco 49ers looked unbeatable. DraftKings (DK) and FanDuel (FD) were leading the league of television advertisers. All three looked like sure winners for the 2015 National Football League…
Former Bellagio craps dealer pleads guilty in scam against casino
By David Ferrara Las Vegas Review-Journal Go to the link for a video. http://www.reviewjournal.com/news/las-vegas/former-bellagio-craps-dealer-pleads-guilty-scam-against-casino Former Bellagio craps dealer James R. Cooper Jr. pleaded guilty Tuesday to one count of felony theft for his role in what prosecutors described as a…
Trump Entertainment Resorts CEO Bob Griffin retires
ATLANTIC CITY, N.J. (AP) – The CEO of Trump Entertainment Resorts retired with the transfer of its lone Atlantic City casino to billionaire Carl Icahn still pending. Bob Griffin stepped down Tuesday, more than a year after he intended to…
NJ approval of PokerStars could boost US online wagering prospects
By Howard Stutz, Las Vegas Review-Journal Amaya Inc.’s $4.9 billion wager is about to pay off. New Jersey gaming regulators, after an intensive licensing investigation that lasted more than year, gave PokerStars approval to offer Internet gambling in the state…