Latest Online Casino News
The leader of the Republican-controlled Ohio Senate has agreed to host public hearings this week to discuss Gov.
Working with the Massachusetts State Lottery, The Patriots, based in Boston, on Thursday unveiled their plans.
Kentucky's horse racing industry is getting its very own
stimulus package. Gov.
Committee members said the plan for new
"racinos" can clear the panel, but its fate is uncertain in the full
state Senate, where key senators remain on the fence.
Nationwide, casino revenues dropped by five
percent, primarily due to the massive economic recession, which caused
such social turmoil in the U.S. that the voters there elected the first
openly socialist candidate for U.S. president, ever, Barack Hussein
Obama, Jr.
"Wagers for April, including slot machines,
sports betting, scratch cards and lotteries, were more than $4
billion," according to a statement from AAMS.
The Illinois State Senate is honing a
plan to expand gambling for building and construction projects. The
changes may become law next year, experts are saying.
America's most popular sports news website
and network ESPN is now allowing the online gambling operator
Youbet.com to advertise online.
Harrah’s Entertainment last week hired the
former CEO of Partygaming as the company hopes for a change in the U.S.
Internet gambling law.
You can now bet on the future of former Illinois Governor Rod
Blagojevich -- ousted from office after trying to market Barack Obama's
old senate seat to the highest bidder.
Las Vegas-based firms is in negotiations to sell two prime resort-style properties in Detroit and Biloxi, Miss.
The minimum blackjack table at the Seneca Niagara Casino in Niagara
Falls used to be $10 -- but is now $5. That's 24 hours a day, and seven
days a week.
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The state Senate Judiciary panel is holding
public hearings March 23 at North Charleston City Hall and March 30 in
Greenville County Council chambers. The meetings start at 5:30 p.m.
Indian tribes in Texas are moving to reopen their casinos with legislation filed this week which will furnish a defense to prosecution for tribes that operate casinos and gambling facilities.
Mount Pleasant Municipal Judge Larry Duffy last week decided that Texas "Hold 'em" is a game of skill, not of chance, and is thus not covered under the laws of the state of South Carolina.
More than 50 percent of Florida
residents support the gambling expansion reached recently between the
state and Seminole Tribe, according to a Quinnipiac Poll released this
week.
As for table gambling, the two tracks earned $87.6 million in revenue in 2008 with Wheeling Island taking $35.6 million and Mountaineer winning $52 million.
The newly elected Speaker of the Ohio State House of Representatives
said he is willing to consider casino gambling as a tactic to increase
state revenue.
Wall Street analysts are poised to share
their perspectives on the growth of the gambling industry at next
month's Pennsylvania Gaming Congress & MidAtlantic Racing Forum.
Casinos owned by American Indian tribes reported that sales increased
by 1.2 percent in 2008, according to just released statistics from
state gambling officials.
Bahnik claimed that local betting companies
could be losing out on "several hundred million" dollars a year to
foreign companies offering Internet gambling from outside the Czech
Republic, but making no contribution to taxes or employment within the
Republic.
New York Governor David A. Paterson is
planning to expand gambling to bars, restaurants and racetracks,
dramatically expanding the number of locales in the state where gamers
can place wagers. Paterson expects another $500 million in revenues
next year.
Tribal gaming revenues in the U.S. may
exceed those of the 12 leading commercial gambling states, including
Nevada, in the short-term, according to industry experts.
Suffolk County politicians William Lindsay
and Wayne Horsley are saying they have seen estimates that a gambling
establishment could generate millions in revenues. They say it's also
possible 10,200 new jobs would be created, producing $445 million in
salaries.
Following up on a campaign promise of
President Ma Ying-jeou, the Taiwanese government last week set up a
committee for the gambling industry which is charged with collecting
and studying gaming trends.
Officials of the Kansas Racing and Gaming
Commissioners (KRGC) are poised to approve a $705 million Hard Rock
Hotel and Casino proposal at the Kansas Speedway next Friday during a
meeting in Topeka.
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.
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 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.
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.
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.
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.
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.
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 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.
The National Basketball Association's
governing body yesterday voted to allow the Palms Casino Resort in Las
Vegas to accept bets on league games.
A decision to allow gambling advertising on
search engines in the U.K. is increasing spending by gambling firms on
Yahoo, Microsoft, and Google.
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.
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.
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.
The government-appointed committee has
recommended that casinos, which currently operate as private clubs in
Ireland, be licensed and supervised by a regulator.
The billionaire CEO of Las Vegas Sands,
Sheldon Adelson, this week invested $475 million in the casino company
to strengthen its capital.
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.
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.
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.
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.
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.
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 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.
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