Casino News, Gambling News, Poker News

Casinos Ponder Smoking Ban Vs. Economy For Revenue Decreases

Apr 21, 2008
Indoor smoking laws are becoming the norm in states around the country. Legalizing casino gambling is also on the rise. With the economy slowing, casino operators are left to wonder whether it is the economy or the smoking bans that are affecting business.
The economy in the United States is putting many companies in financial difficulty. The ones that are surviving, are hanging on and cutting jobs by the day. Casinos around the country have been hurt by the economy.

Macau Doubles Gambling Revenue Of Las Vegas For First Quarter

Apr 21, 2008
Macau has surpassed Las Vegas as the gambling capital of the world, that is no surprise to people any more. What might come as a surprise is just how far ahead of Las Vegas that Macau is.
The first quarter revenue numbers show that Macau is in a league of their own. They generated $3.8 billion for the first quarter. That is an increase of sixty two percent.
Las Vegas, on the other hand, is experiencing difficulty generating revenue.

NBA Playoff Betting Begins With Favorites Dominating

Apr 21, 2008
The NBA playoffs are under way and the glamour teams of the league are favored to meet in the finals. The Los Angeles Lakers and Boston Celtics, old rivals are favored to win their respective conferences.
The first games of their series' went as planned for the two teams. The Lakers took care of Denver by double digits in L.A., while the Celtics beat the Hawks in their first game.

Russian Casino Ban Could Be Delayed Until 2014

Apr 21, 2008
The Russian government has in place a plan that would move existing casino operations to more remote parts of the country. The move was set to go into place before June of 2009.
That plan may now be delayed. Since announcing the plan, the government has received non stop requests from the industry, asking for an extension on the June deadline to move.
Up until now, the government has held strong on their stance, but that could be changing.

'Deal or No Deal' Gambling Lawsuit Thrown Out of Court

Apr 21, 2008
The Georgia Supreme Court today threw out the case of a couple who was suing the game show 'Deal or No Deal'. The case was brought on by the game show's 'Lucky Case Game'.
The lawsuit, which was brought on by Michael and Michele Hardin, claimed that the game violated the state's anti-gambling laws. The Supreme Court did not agree with the couple, and the case was thrown out.

River Flooding In Mississippi Forces Isle Of Capri Casino Closure

Apr 13, 2008
Heavy rains have been ravaging the U.S. Southern Plains the past few weeks. The rains have caused flooding, which have now caused the Isle of Capri to close their riverboat casino in Mississippi.
The Isle of Capri has already been dealing with revenue loss across their fourteen casinos in the United States. For the first quarter, they have seen a loss of $13.9 million.
The closing of the casino in Natchez, Mississippi, will not help their financial cause.

Illegal Poker Game In Charleston Has Dealers Facing Charges

Apr 13, 2008
South Carolina has laws in place that make their stance on gambling very clear. It is not allowed when dealing with card games. Dealing, is what has gotten seven people into trouble.
Seven dealers are facing much stiffer penalties than the over fifty people who were accused of playing in an illegal gambling poker game.

Gamblers Should Expect Upsets in Day Two of NCAA Tournament

Mar 21, 2008
Usually, the first day of the NCAA tournament provides a few major upsets. Teams that have won smaller leagues upsetting teams from power conferences. Those upsets never came to fruition.
That leaves gamblers wondering if day two will be where one or more of these huge upsets will take place. Duke came the closest in day one to losing to an underdog. A game Belmont team took the Blue Devils all the way to the wire before losing.

House Has Pressure in Massachusetts After Gambling Bill Shot Down

Mar 21, 2008
Massachusetts Governor Deval Patrick has been all over the national news while he was trying to bring new casino resorts to the state. After spending months putting together his proposal, it was shot down with a convincing vote from the state House.
While they did not close the door to expanding the state's gambling operation in the future. They did put it off for what looks like at least another year.

Navajo Nation Entering The Casino Era in New Mexico

Mar 21, 2008
Casino gambling is big business with American Indian tribes. They have prospered by putting casinos in areas and watching as people flock to spend their money.
The Navajo Nation is apparently done with watching from the sidelines. The Window Rock tribe has plans to build the first casino for the tribe in New Mexico.

Greece And Netherlands Receive Final Warning on Gambling From EU

Feb 29, 2008
The European Commission has been busy as of late with gambling issues. They have now sent a final warning to two countries, the Netherlands, and Greece, over their gambling restrictions.
The two countries are being warned on different issues by the European Union. The Netherlands restraint on sports betting in regards to foreign competitors has drawn the attention of the EU.
Greece has a slightly different problem.

Lottery Sales in South Carolina Hurting School Districts

Feb 29, 2008
The lottery systems in most states were set up for additional money to be poured into the school systems in the state. When lottery numbers drop, however, it causes big problems for individual school districts.
The state of South Carolina has always funneled money from their lottery sales into the school system in the state. The lottery sales, however, have not been strong as of late, causing concern among local school districts.

Super Bowl Gambling Odds Already Available at Some Sports Books

Feb 29, 2008
The New York Giants have been crowned champions of the NFL season. They upset the Patriots and made a historic run to their title. They, however, are not favored to repeat as champions.
Several sports books have already posted betting lines for gamblers to pick which team will win next year's Super Bowl. New England is once again the favorite to get back, and win, the title next year. They are three to one favorites.

US Justice Department Investigates Roger Clemens

Feb 29, 2008
Roger Clemens is known as one of the best pitchers in baseball history. With his recent task to convince Congress that he never took steroids or human growth hormone, he also attempted to suggest that his accuser and former trainer, Brian McNamee, was lying. Unfortunately for Clemens, members of the House Committee on Oversight and Government Reform, asked the U.S. Department of Justice to investigate whether Clemens committed perjury under oath when he denied any use of illegal drugs.

Pettitte Apology For HGH Use The Best Baseball Has To Offer

Feb 19, 2008
Andy Pettitte is an admitted cheater. While he tried to be as humble looking and sounding as possible, he could not sidestep an important question a reporter asked him Monday. Does he think he is a cheater?
The answer he gave, portrayed a person who was not trying to gain an edge, just a man trying to heal from injury. Unfortunately, no matter how humbled he appeared, the answer is still yes to him being a cheater.

Long Running Gambling Operation OTB To Shut Down in New York City

Feb 19, 2008
The OTB was a solution to a problem, Back in the late sixties, illegal bookies were corrupting New York City. A referendum was passed that called for the creation of a legalized betting system. It was called the OTB(Off Track Betting).
Today, after thirty seven years of operation, OTB has decided that it is time to shut its doors for good. The decision is based primarily on the fact that there is not enough money to keep the betting operation running.

Louisiana Casinos Have Strong Revenue Showing For January

Feb 19, 2008
Louisiana casinos have had much pressure on them since Hurricane Katrina. They have been called upon to help get the state back on its feet economically. So far this year, they have responded.
The revenue numbers have come out for January, and state casinos won $199.8 million last month. That figure is higher than at the same period last year. January 2007 had the casinos winning $197 million.
The numbers were down from December, but that is typical of any year.

Community College Presidents in Illinois Hoping For Gambling in Danville

Jan 29, 2008
The public education systems around the country have received billions of dollars thanks to casino gambling, now presidents of universities in Illinois are hoping to bring the revenue generator to Danville.
Community college presidents around the state of Illinois have seen what revenue dollars from casinos have done in other areas, and they want some of that money for their schools.

Randy Moss The Betting Favorite To Score First Touchdown in Super Bowl

Jan 29, 2008
Randy Moss spent part of the off season wondering where he would be playing this football season. Now, as the Super Bowl approaches, he has become the favorite by the odds makers to score the first touchdown in the game.
Moss has odds of +400 to be the first player to score a touchdown this weekend. Those are the lowest odds among all the players in the game.
Laurence Maroney is the second choice of the odds makers at +600.

Lynch Needs Convincing Before Entertaining Gambling Expansion in NH

Jan 29, 2008
New Hampshire could very easily follow in the footsteps of other states around the country. Expand legalized gambling and allow for money to pour in from casino operators to help with the budget.
That will not be the case, however, according to Governor John Lynch. He has said repeatedly that he will need to see overwhelming evidence in favor of the expanded gambling before it would even be considered.

Antigua And USTR To Talk Today About Internet Gambling Issues

Jan 17, 2008
In the first meeting between the two countries since the WTO has issued sanctions against the U.S. for violating its commitments in Trade in Services regarding the cross border trade in Internet gambling, Dr. Errol Cort, Antigua Finance Minister is set to discuss the issue with Susan Schwab, the USTR.
Cort is hoping that the high level meeting today will lead to a resolution of the dispute.
Dr.

Lobbying For Lottery Money To Go Straight To Schools in Oklahoma

Jan 17, 2008
The state lottery in most states, was put in place to help fund the state education system. Politicians argued that the schools system needed a boost, and voters listened.
That scenario played out in nearly every state that now has a lottery. The only problem with the system that was adopted is that the lottery pays the state, then money is distributed to individual school districts.
In Oklahoma, the state superintendent is calling for that procedure to change.

Kansas Courts Have Eighty One Million Reasons To Approve Casino Gambling

Jan 17, 2008
Kansas is ready for casino gambling. Count them as one of the states who believes that revenue from the casinos can help more than any of the negatives can help.
The Governor of the state believes so much in the idea that the court system will uphold the decision of the legislature, that she has already put the projected revenue in her budget for 2009.
Governor Kathleen Sibelius has allotted $81 million in gambling revenue for the 2009 fiscal year.

Atlantic City Casino Gambling Revenues on Upswing

Jan 08, 2008
An independent research group specializing in gambling studies has projected Atlantic City's total gaming revenue for 2008 to be just shy of $5 billion. If achieved, this would be a return to growth after a loss of business in 2007.
The Spectrum Gaming Group estimates that revenue will rise at a 2% growth rate over the previous year. Although the forecast is not as high as 2006's record setting performance of $5.

Singapore Gamblers Attract Venetian Casino

Jan 08, 2008
The Las Vegas Sands Corporation, led by owner and third-richest man in America Sheldon Adelson, continues to expand its worldwide gaming empire. The latest foray by the company is a new resort and casino to be built in Singapore. Sands was just extended a $3.7 billion dollar loan to construct the new project.
Adelson, whose fortune ranks behind only Bill Gates and Warren Buffet among U.S. citizens, has pushed expansion constantly since buying the Sands Hotel in Las Vegas.

Man Arrested For Illegal Video Poker Machine Gambling Operation

Jan 08, 2008
Illegal Video Poker machines are extremely popular in bars around the country these days. They are also illegal when they pay out their winners. Most owners who operate these machines claim they are for amusement only.
Police are not fooled by the scam these owners are running, and over the weekend, they busted one of these illegal operations in a most unlikely of scenarios.

Imagine : Freedom In A Ron Paul Run America

Jan 08, 2008
Imagine Real Freedom in a Ron Paul Run America

Ron Paul's discussions on American policies have been embraced by the American public. Eventually his views will be embraced by American mainstream media, his views will be talked about by news anchors and taken seriously in publicized discussions.

Pennsylvania Lottery Gambling on American Idol Scratch Off Tickets

Jan 08, 2008
American Idol has been a phenomenon that no person can understand. The show is the top rated show on T.V., the tour sells out nationwide, and the stars go on to big recording careers.
The Pennsylvania Lottery has decided if that kind of fame works for American Idol, it should have an effect on gamblers in the state.
People in Pennsylvania can now go out and buy a $5 lottery ticket with the title "American Idol".

Seneca Tribe Adding Additional Slots To Temporary Casino in Buffalo

Dec 31, 2007
The Seneca Indians have big plans for a permanent casino in Buffalo. They are engaged in a legal battle over the facility. Now they have decided to expand their temporary casino.
The tribe currently has a casino that is 6,000 square feet. The expansion will bring the total square feet to just under 10,000. 135 slot machines are in use at the casino. That number will grow to 244 after 109 are added.

Legal Battle in Guam Heats Up Over Slot Machine Initiative

Dec 31, 2007
Gaming opponents and gaming supporters are having their legal battle heat up in Guam. An initiative is set to appear on the ballot this week, and opponents are trying to have it removed.
Attorney Cesar Cabot filed a motion in the Supreme Court on Saturday. The motion is for the court to reject a request of gaming opponents. The request is that the slot machine initiative be removed from the ballot.
The special election is on January 5th.