Latest Online Casino News
Detroit has shed jobs, many residents and too much of its car industry. But its casino business is doing very, very well.
A year after taking political power in Washington D.C.,
the Democrats have finally figured out a how to end the pay on online
gambling. Legalize it and tax it to pay for their pet project -- government-run health care.
The promise of new jobs is raising interest in passing a plan to expand gambling in Ohio.
Chicago Mayor Daley and the City Council may have
finally found the "next big revenue source" to finance city government
-- casino gambling.
A petition drive to allow gambling at horse-racing tracks in Michigan this week won approval from a state elections panel.
Gamers can now play the ponies without leaving home in
the Midwest. The Illinois Racing Board passed a new resolution
yesterday, giving three companies leave to host online horse race
betting.
Massachusetts Senate President Therese Murray says it is "inevitable” that casinos will open in the state soon.
"We’re seeing hundreds of millions of dollars spent by our residents
going to Connecticut and Rhode Island," Murray said. "So I think it
definitely is inevitable."
Russian government officials said there is a rise of
"surrogate" gambling technologies, such as lottery machines and
Internet gambling, three months after some restrictions were imposed on
the industry.
A new casino at The Greenbrier resort is slated to open
this week in West Va. The casino will feature “three-card poker, and
memorabilia of former NBA star Jerry West.
A new report is giving North Dakota non-profits the
opportunity to persuade politicians they should be allowed to engage in
electronic gambling.
China has eased restrictions on its citizens traveling
to Macau, sending casino stocks soaring today as industry executives
bet on record October earnings in the world's fastest-growing gambling
market.
Voters are enthusiastically embracing Ohio Gov. Ted
Strickland's latest casino expansion plan, according to a new
Quinnipiac poll.
Kansas City’s casinos reported a good month, topping $61
million in revenue. Many leading casinos, including The Argosy and Isle
of Capri, even took in more revenue last month than they did a year
ago.
A horse racing track in Hot Springs, Arkansas – hometown
of former President Bill Clinton -- is reporting a 65 percent jump in
revenues from wagers on video poker, blackjack and other electronic
games.
New Hampshire Gov. John Lynch said this week that he had
appointed 14 appointed members of the Gambling Study Commission, which
he created through an executive order in July, and has charged them
with reviewing various ways of expanding gaming in New Hampshire.
The Kansas City casino market took in nearly $61.47
million in July, as gamblers continued to increase the amount of money
they spend, individually, on each casino visit.
A renovated Baltimore casino on downtown Russell Street
is, experts say, poised to boost its project's profits, and infuse new
momentum into the state's slots program.
As the fortunes of casino operators show signs of
rebounding after a poor start in June, a leading Macau casino
proprietor Melco Crown Entertainment Ltd. is moving forward with big
plans to raise up to $220 million by issuing American Depositary
Receipts (ADRs).
Republican John Kasich said that, if elected governor of Ohio, he is open to gambling expansion in Ohio.
Poker fans are arriving en masse to Washington D.C. this
week to lobby lawmakers that online gaming can be regulated effectively
and should no longer be banned.
A new state-ordered report indicates that legalized gambling is helpful to the Connecticut economy, but the state has done a poor job of regulating the industry.
Worried about new competition from Kentucky and Ohio,
Indiana politicians are studying the state's gambling industry to see
how best to position the casinos and preserve state revenue.
A forthcoming hearing will examine a number of proposed changes in the
Tulalip Tribes' gambling compact with the state of Washington.
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.
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