Barry Massey, Associated Press · May 15, 2013 at 6:36 pm
SANTA FE, N.M. (AP) - New Mexico needs to strengthen its regulatory oversight of a billion-dollar gambling industry that includes horse racing tracks and casinos operated by Indian tribes, legislative auditors recommended Wednesday.
A report by staff of the Legislative Finance Committee said the New Mexico Racing Commission and the state Gaming Control Board are understaffed and hampered by … [Read more...]
Bob Salsberg, Associated Press · May 15, 2013 at 6:34 pm
BOSTON (AP) - State lawmakers demanded assurances on Wednesday from Gov. Deval Patrick's administration and the Mashpee Wampanaog tribe that a renegotiated casino compact would not meet the same fate as an initial agreement and be rejected by the federal government.
"We swung and missed in a pretty big way the first time," admonished Rep. Joseph Wagner, House chairman of a legislative panel … [Read more...]
Associated Press · May 15, 2013 at 6:23 pm
PITTSBURGH (AP) - Rivers Casino in Pittsburgh has been fined $100,000 by the Pennsylvania Gaming Control Board.
The gaming board says in a Wednesday release that the fine involved three issues.
The first was a violation of internal controls in the count room. The second involved table games employees who ignored an automatic shuffler's red light which indicates an error with the cards. The … [Read more...]
Norma Love, Associated Press · May 15, 2013 at 3:45 pm
CONCORD, N.H. (AP) - A special House committee charged with researching gambling voted by the narrowest margin Wednesday against legalizing a casino in New Hampshire.
The House Ways and Means and Finance committees voted 23-22 to recommend that the full House kill a Senate bill that would allow up to 5,000 video slot machines and 150 table games. The House is scheduled to vote on the bill next … [Read more...]
Wayne Parry, Associated Press · May 15, 2013 at 3:06 pm
ATLANTIC CITY, N.J. (AP) - Revel was given a second chance Wednesday from New Jersey casino regulators, and now it's seeking the same thing from customers.
In winning a reprieve, the bankrupt casino acknowledged several big mistakes, including preventing its guests from smoking; not paying enough attention to slots players; and booking too many hip acts at the expense of other forms of … [Read more...]
Gregory Katz, Associated Press · May 15, 2013 at 2:00 pm
LONDON (AP) - A major casino operator is accusing Phil Ivey, an American who is one of the world's top professional poker players, of amassing millions of dollars in winnings by cheating at baccarat.
Court papers filed in Britain's High Court by the Malaysia-based Genting Group say that Ivey and an accomplice successfully used a scam to rack up winnings of roughly 7.8 million pounds ($11.9 … [Read more...]
Associated Press · May 15, 2013 at 12:31 pm
SPRINGFIELD, Mass. (AP) - MGM Resorts International has announced that it's requesting a July 16 referendum in Springfield on its $800 million casino plan.
The formal request Tuesday follows the Springfield city council's approval last week of a host community agreement signed by Mayor Domenic Sarno and MGM. The agreement calls for the company to make annual payments of more than $25 million to … [Read more...]
Associated Press · May 15, 2013 at 3:10 am
HONG KONG (AP) - Macau casino operator SJM Holdings has received official approval to build a new resort in the world's biggest gambling center.
SJM said its contract for land in the Cotai district was published Wednesday in the official government gazette. The company is racing to catch up with rivals like Wynn Resorts and MGM.
The new projects are centered on the Cotai Strip, a patch of … [Read more...]
Associated Press · May 14, 2013 at 8:09 pm
TAUNTON, Mass. (AP) - On the eve of a key legislative hearing, the Mashpee Wampanoag tribe unveiled a new design on Tuesday for the $500 million resort casino it hopes to build if the tribe succeeds in getting state and federal approvals for the project.
The detailed architectural renderings were released at a meeting of the Taunton City Council on Tuesday. They revealed an S-shaped design for … [Read more...]
Hannah Dreier, Associated Press · May 14, 2013 at 6:16 pm
LAS VEGAS (AP) - A jury on Tuesday dealt another defeat to casino mogul and Republican mega-donor Sheldon Adelson in his nine-year fight with a Hong Kong businessman, awarding the former consultant $70 million for helping Las Vegas Sands Corp. secure a lucrative gambling license in the Chinese enclave of Macau.
But Las Vegas Sands says it won't be paying up anytime soon.
Richard Suen claimed … [Read more...]
Gary Fineout, Associated Press · May 14, 2013 at 4:31 pm
TALLAHASSEE, Fla. (AP) - No one is quite sure if the numbers will add up, but the Florida Lottery on Wednesday will start selling tickets to the popular Mega Millions lottery game.
Lottery officials are launching the multi-game state with a bit of a flash, even scheduling an opening day celebration at a Fort Myers convenience store. There are expectations that the game will be a big success, … [Read more...]
Barbara Rodriguez, Associated Press · May 14, 2013 at 4:10 pm
DES MOINES, Iowa (AP) - The Powerball jackpot is climbing again, and fast.
In just a few short weeks, the jackpot has ballooned to an estimated $360 million, making it the third largest Powerball jackpot and the seventh largest jackpot ever.
Iowa Lottery spokeswoman Mary Neubauer says the "cross-selling" of Powerball and Mega Millions tickets, as well as a game redesign in 2012, boosted … [Read more...]
Associated Press · May 14, 2013 at 2:48 pm
PHOENIX (AP) - Opponents of a proposed Las Vegas-style casino near Phoenix said Monday that a federal judge overlooked important evidence when ruling that the Tohono O'odham Nation's construction plan doesn't violate state gambling laws.
The legal team representing Arizona, the Gila River Indian Community and the Salt River Pima-Maricopa Indian Community said in a motion for partial … [Read more...]
Associated Press · May 14, 2013 at 1:15 pm
LAUSANNE, Switzerland (AP) - The IOC is proposing the establishment of a global system for monitoring betting patterns during major sports events, the latest step in efforts to guard against corruption and match-fixing.
An International Olympic Committee working group held its fourth meeting Tuesday on the threat of illegal and irregular betting in sports.
The IOC already has its own system … [Read more...]
Associated Press · May 13, 2013 at 5:02 pm
CAMDEN, N.J. (AP) - Revel will be getting a new start soon - with new owners.
A bankruptcy court judge on Monday approved the Atlantic City casino's Chapter 11 reorganization plan that wipes out most of its debt and provides new money for it to operate.
Judge Judith Wizmur gave the OK to Revel's plan to grant an 82 percent ownership stake to lenders in return for canceling $1.2 billion worth … [Read more...]
Nicholas K. Geranios, Associated Press · May 13, 2013 at 1:17 pm
AIRWAY HEIGHTS, Wash. (AP) - Some big decisions that could help decide the future of Spokane's Fairchild Air Force Base are expected soon.
The Air Force this week is expected to decide if Fairchild will serve as the first base for the next generation of air refueling tankers.
And the Bureau of Indian Affairs is expected to decide soon whether a big Indian casino can be built just a short … [Read more...]
Associated Press · May 13, 2013 at 3:53 am
SYDNEY (AP) - One of Australia's top thoroughbred horse trainers and a prominent owner have been charged in relation to a race at Sydney's Randwick when a second favorite placed second-last in a race, prompting a stewards inquiry and instigating an ugly spat involving some of the biggest names in the industry.
Gai Waterhouse and John Singleton, the trainer and owner, respectively, of mare More … [Read more...]
Associated Press · May 12, 2013 at 9:20 pm
AUCKLAND, New Zealand (AP) - New Zealand's largest city is getting an international convention center in a deal critics say will come at the cost of increased problem-gambling.
Casino operator SkyCity signed an agreement with the government on Monday to build a 402 million New Zealand dollar ($333 million) convention center in central Auckland.
In exchange, SkyCity will get its Auckland … [Read more...]
Hannah Dreier, Associated Press · May 10, 2013 at 8:10 pm
LAS VEGAS (AP) - Jurors have begun deliberations in a breach of contract case against casino giant Las Vegas Sands after hearing conflicting stories from lawyers about the role a Hong Kong businessman played in helping the company enter the lucrative Chinese gambling enclave of Macau.
Sands attorney Richard Sauber said in his closing argument that the company knew about opportunities in Macau … [Read more...]
Brian Witte, Associated Press · May 10, 2013 at 6:04 pm
ANNAPOLIS, Md. (AP) - Two more casino companies applied for a license Friday to build a casino in Maryland near the nation's capital, bringing the number of applicants to three for one license.
Penn National Gaming Inc. and Greenwood Racing Inc. both submitted proposals to meet a deadline with the state.
Penn National, which is based in Wyomissing, Pa., is proposing a $700 million casino at … [Read more...]
Sandra Chereb, Associated Press · May 10, 2013 at 5:38 pm
CARSON CITY, Nev. (AP) - A top gambling regulator raised red flags Friday on a proposal to allow private equity firms to place large bets at Nevada race and sportsbooks.
AG Burnett, chairman of the Nevada Gaming Control Board, said SB346 poses serious regulatory concerns over how the state would police activities to protect the reputation of the state's core multibillion gambling industry and … [Read more...]
Sandra Chereb, Associated Press · May 10, 2013 at 4:00 pm
CARSON CITY, Nev. (AP) - Nevada casinos won $914.8 million in March, posting a 7 percent increase from the same month a year ago with much of the gains attributable to the high-roller game of baccarat, the state Gaming Control Board reported Friday.
The March winnings pushed the fiscal year-to-date total to nearly $8.4 billion, 2.8 percent more than last year.
Taxes collected on the March … [Read more...]
Wayne Parry, Associated Press · May 10, 2013 at 2:52 pm
ATLANTIC CITY, N.J. (AP - UPDATED) - Revel started off slowly last year - and things have gotten worse since then.
A week before it is expected to emerge from bankruptcy court, Atlantic City's newest casino posted a 40 percent revenue decline from its opening month a year ago.
Revel took in just over $8 million last month, down from the $13.4 million it won in what was widely considered a … [Read more...]
Randall Chase, Associated Press · May 9, 2013 at 5:43 pm
DOVER, Del. (AP) - A Democratic state lawmaker is reintroducing legislation to allow more casinos in Delaware.
The bill sponsored by Rep. Dennis Williams of Wilmington calls for two new casinos, one in New Castle County and one in Sussex County.
The bill is similar to one sponsored by Williams that died in committee two years ago amid opposition from Delaware's three existing racetrack … [Read more...]
Hannah Dreier, Associated Press · May 9, 2013 at 5:42 pm
LAS VEGAS (AP) - Nine years of litigation between a Hong Kong businessman and casino mogul Sheldon Adelson is drawing to a close.
Attorneys began delivering closing arguments in a Las Vegas courtroom Thursday in the dispute between Las Vegas Sands Corp. and a fixer who says he helped the casino giant win a license in the Chinese gambling enclave of Macau.
The lead attorney for Richard Suen … [Read more...]
Free trial subscription available when you use your company email address. Receive the Flash, Last Call, Adams Daily Report, Weekend Report, HOT Clicks and more.