Casino & Gambling Articles

Gambling making a comeback in mainland China - Gambling is returning to mainland China for the first time since the Communist Party came to power in 1949.
Right now, the only betting available has been a state-run sports lottery, which has proved especially popular throughout China.

Atlanta mulls the idea of opening a new casino - Government officials in Atlanta are asking state lawmakers to support the idea of casino gambling in the southern city, reckoning it will garner millions of dollars to the region.

Penn National Gaming Eyes Wichita for New Casino Project - Penn National Gaming is mulling once again whether it will build and operate a state-owned casino south of Wichita, Kansas.  “We’re going to take a look at it,” Chief Financial Officer William J. Clifford said.

Obama to take free market approach to state, Internet gambling, association predicts - The American Gaming Association (AGA) expects that U.S. President-elect Barack Obama will adopt laissez-faire, or anything goes, approach to gambling expansion when he takes office in two months, something of a contrast to his reported plans for the rest of the U.S. economy.

Shares for bookmakers rise as earnings meet forecasts - The U.K.'s biggest bookmaker Ladbrokes said this week it expects 2008 earnings to fall within the range of analysts' forecasts. Shares in Ladbrokes rose 4 percent, and Paddy Power's shares rose even higher, at 8.5 percent. Increased taxes in Ireland may impact earnings for both firms, next year, however, experts said.

Millions in revenues expected from new West Virginia casino - A study by West Virginia University indicates The Greenbrier resort hotel may reap more than $6 million in profits a year and $34 million may be infused into the local economy. What's more, up to 76 jobs may be created by table games being offered as an amenity at the four-star resort.

Expanded gambling coming to Churchill Downs - Churchill Downs Inc. President Bob Evans said he is poised to pursue expanded gambling next year in Kentucky, citing the approval of voters of slot machines in Maryland, another horse racing state.

Mobile phone gaming to be $27.5 billion business in five years - A number of trends are converging which are expected to push total annual wagers via mobile phones to more than $27.5 billion by 2013, according to a new report from Juniper Research.

Casino stocks surged this week on good news from MGM Mirage - Casino stocks soared this week as the MGM Mirage reported new funding for its CityCenter project. Investors are jumping back into the niche as the Federal Reserve slashed a key interest rate by half a point.

NBA votes to approve betting on games at Las Vegas Casino - The National Basketball Association's governing body yesterday voted to allow the Palms Casino Resort in Las Vegas to accept bets on league games. 

Gambling ads now allowed on Google - A decision to allow gambling advertising on search engines in the U.K. is increasing spending by gambling firms on Yahoo, Microsoft, and Google.

Missouri gambling initiative still on the November ballot - A Cape Girardeau businessman, a state lawmaker and gambling critics contended the proposal illegally mixed multiple subjects in an attempt to "logroll" voters and was unfairly summarized on the ballot.

First licensed, online casino launched in the U.K. - The casino went live just last week and further expands the leisure offering includes sports spread betting, sports binary betting and fixed-odds sports betting.

New report details economic impact of new casino in Maine - A consulting firm called the Olympia Group this week released a study outlining the projected economic impact of the proposed Oxford Highlands Resort-Spa-Casino in Oxford County, Maine.

Major economic benefits expected from legalization of online gambling in Ireland - The government-appointed committee has recommended that casinos, which currently operate as private clubs in Ireland, be licensed and supervised by a regulator.

Adelson invests half a billion dollars in Las Vegas Sands - The billionaire CEO of Las Vegas Sands, Sheldon Adelson, this week invested $475 million in the casino company to strengthen its capital.

New casino planned for Miami Beach - In a bold move, the developer of a major real estate project in downtown Miami is conducting a campaign to amend Florida's Constitution to allow Las Vegas-style casinos in the city and pave the way for a new casino at Miami Beach's famed Fontainebleau Hotel.

California casino expands looks to hire new staff - A new, California casino is looking to hire staff and has been overwhelmed with applicants.
The Red Hawk Casino is set to open later this year, but has already opened a hiring office in El Dorado Hills.

New casino deal for Wisconsin - The Ho-Chunk Indian tribe of Wisconsin agreed to pay the state $60 million to solve a gambling compact dispute that left a gaping hole in the state budget.

Developer spearheads effort to open new casino in Maine - A Las Vegas developer announced this week it will spearhead a referendum drive for a casino in Oxford County, Maine.  The developer pledged to spend $100 million to make it a reality if state voters give their approval in seven weeks.

New location possible for new Philadelphia casino - One of the two casinos proposed for downtown Philadelphia could be built at the Gallery at Market East mall, according to a spokesman for City Councilman Frank DiCicco.

Atlantic City expanding with new casinos - To survive emerging competition from Pennsylvania and New York slots parlors, the Atlantic City is poised to expand casino gambling into areas that were never imagined when gambling was approved here in the 1970s.

Gambling growth overseas is strong - Gambling is growing overseas -- both online and at casinos. A massive surge in Macau's population is bringing increasing growing pains to the Chinese territory, government officials said.

Gambling Profits Increase in South Africa - Gambling in Sun International's casinos is growing. New figures emerged today from the leisure group's results for the year ending June 30, 2008.

Indian Gaming Commission in favor of a new casino in New York - A federal judge refused to rule -- as opponents had wanted -- that a casino already operating on Indian land in New York state should be shuttered.

Nevada approves new operating plan for Tropicana - Government gambling officials in Nevada voted this week to approve a management restructuring for Tropicana Entertainment LLC, which owns 11 casinos in America.

New slot machines for U.K. pubs a hot idea - Pub owners in the U.K. may start installing slot machines as part of an industry plan to attract new customers. The plan has been proposed by industry leaders who think installing "one-armed bandits" outside pubs could help invigorate sales.

Voters favor new casino in Ohio, new poll shows - A poll from the Quinnipiac University Polling Institute discovered that 60 percent of 1,342 surveyed likely Ohio voters support an initiative to approve the state’s first gambling casino. Only 35 percent oppose the concept.

Gambling revenues soaring in Missouri - Missouri's casinos are growing. The most recent report from the Missouri Gaming Commission show that overall casino gambling revenue rose 7 percent in July to $146.9 million, up from $136.9 million last year at this time.

Plans for new Pennsylvania casino changing - The businessmen, led by Don Barden, of Detroit, are seeking to transfer their slots license to a new group headed by Chicago billionaire Neil Bluhm. Barden would keep a minority stake in the project.

Record year for slots in British Columbia - A new report indicates that the British Columbia Lottery Corp. had record revenues last year of $2.6 billion. The revenues were $64 million more than experts had anticipated,...

South Africa legalizes online gambling - South African President Thabo Mbeki has signed a National Gambling Amendment Bill into law, just a few months after the bill was approved by the Parliament.

Indian tribe moving forward with new financing for California casino - The American Indian tribe which plans to build a casino resort complex at the old Point Molate Naval Base near San Jose, Calif. has found a new partner — another tribe that runs a popular Cache Creek casino resort in Yolo County.

Baccarat driving casino revenue growth in Macau - Baccarat is driving Macau's casino revenue growth. Sales in the former Portugese colony rose 48 percent in the second-quarter, according to a government report.

New casino for Illinois soon - The Illinois Gaming Board is planning to sell the state's last available casino license by the end of the year. The goal is to finally get revenue out of the long-unsold license by next summer.

Casino donations used to feed the needy in Indiana - A new, fully outfitted cargo van is being donated by Ameristar Casinos to the Food Bank of Northwest Indiana during a celebration marking the rebranding of its East Chicago, Ind., casino this weekend.

New poll shows support for a casino in Massachusetts growing - A new poll shows that residents of New Bedford, Mass. "strongly support" location of a casino there, according to a new poll the UMass-Dartmouth Center for Policy and Analysis. The poll was released on Monday.

Gambling rules eased for high-rollers in Indiana - State officials are easing gambling rules for high-rollers in Indiana. Regulators last week approved a rule change that will spur more group trips that usually include free meals or rooms for gamblers.

New casino planned for Reno area - Government officials are this week planning hearing for a special use permit request for a proposed new casino and hotel in Dayton, Nevada.

Harrah's seeking to open 16 new casinos in the U.K. - Entertainment conglomerate Harrah's is lobbying the U.K. government to get approval for an increase in the number of casinos there.

Louisiana casinos report 10.4 percent in revenues - Powered by the local delivery of federal tax rebate checks, Louisiana's casinos reported a 10.4 percent increase in revenue from gambling in May.

Bermuda to allow gambling on cruise ships - Bermuda is making some major changes to the rules controlling cruise ships visiting the country. The nation's legislature this week approved a plan to let ships operate shops, bars, casinos and other entertainment venues...

New casino begins operations near Indianapolis - The Indiana Live Casino, near Indianapolis, received approved from the state Gaming Commission to operate, and will officially open today.

Asia now set to surpass U.S. in total gambling revenues, study says - The thriving gambling resorts in Asia are set to supplant the U.S. in casino gaming revenue by 2012, according to a global industry survey released this week.

New Michigan casino attracting tourists from around U.S. - Southern Michigan's first new casino is remarking its region into a vacation destination. Many Chicagoans have enjoyed holiday weekends and summertime vacations in or near the quaint harbor town of

Billionaire Sponsors Trip to Vegas for Wounded Warriors - Several dozen wounded American soldiers and sailors this weekend were treated to an all-expenses-paid trip to Las Vegas, the nation's gambling capital.

Canadian firm invests $4.2 billion to build new casino resort in Vietnam - A company from Canada is investing $4.2 billion to build a new casino and a massive beach resort in southern Vietnam.

Celebrities help launch new casino in suburban New York City - A bevy of Hollywood celebrities helped usher in the grand opening of the $700 million Foxwoods Casino in suburban Connecticut, near New York City.

Judge gives California governor, Indian tribes’ time to make a deal - A federal judge has delayed implementation of an order that Gov. Arnold Schwarzenegger and a California Indian tribe reach an agreement on a gambling expansion.