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Jury finds racetrack own liable in racketeering case

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Settlement reached on faulty City Center tower December 17, 2014 by Staff & Wire Reports

Work on the City Center tower stopped about halfway in 2008, after inspectors found steel used on the first 26 stories wouldn't support the remaining 22 floors.

 

Atlantic City's Golden Nugget drops tax suit threat December 17, 2014 by Staff & Wire Reports

Atlantic City’s Golden Nugget casino dropped a threat to file a lawsuit blocking a package of tax relief for Atlantic City’s eight casinos. The casino’s general counsel said that proposed changes to a tax bill  should be enough to protect it.

States need to study Nevada's history December 16, 2014 by Phil Hevener

Gaming Insider | Nevada’s ace in the hole seldom gets the public attention it deserves as new gaming venues blossom around the world from Massachusetts to Macau.

Poker to explode if Cali goes online December 16, 2014 by Irene Edith

The State of California may soon have online poker! It will be legal and regulated. The U.S. Department of Justice recently changed its policies regarding online poker.

Bills, lack of handle help books survive December 16, 2014 by Micah Roberts

Vegas Sports Books | Bettors could have really stuck Vegas sports books with a good size loss if they had all bet with the same intensity they showed in the first 14 weeks of the NFL season.

Iran's Las Vegas Sands hacking could cost $40M December 15, 2014 by Ray Poirier

Hacking into the Las Vegas Sands Corp. computer network could cost the company $40 million or more, according to a story in Businessweek by the investigative team of Michael Riley and Ben Elgin.

UNLV gaming center eyes world view December 15, 2014 by Ray Poirier

University of Nevada Las Vegas will be the world’s center for gaming law interpretation, if plans for the creation of a new academic center, dedicated to gaming regulation, are approved.

Malaysia's Genting readies South Korean project December 15, 2014 by Ray Poirier

A division of Malaysia’s Genting Bhd, called Genting Singapore Plc, has announced it plans to break ground on its South Korean project in Jeju by the second quarter of 2015.

Ruckus being raised over Massau mini-casino December 15, 2014 by Ray Poirier

All the gambling news in New York has been focused on the four casino licenses the state will be awarding within the next few days, but the most recent fuss is coming out of Nassau County.

No clear road for Wynn Resorts Mass. casino December 15, 2014 by Ray Poirier

Wynn Resorts Ltd. (WYNN) may have won the war in Massachusetts but the battles still continue. One of the City of Everett’s neighbors – Somerville – is led by a strong anti-casino activist in Mayor Joseph Curtatone.

Amaya Gaming Group raided by federal police December 15, 2014 by Ray Poirier

Amaya Gaming Group headquarters was raided last week by provincial financial market regulators and federal police, reportedly focusing on trading activities surrounding the company’s acquisition of the British firm that owned PokerStars.

Consolidation of game makers driven by uncertain future December 15, 2014 by Ray Poirier

The recent consolidation of major gaming machine manufacturers was driven by industry headwinds and an uncertain future, say analysts at Wells Fargo Securities in New York.

Bahamas deal for CG Technology December 15, 2014 by Ray Poirier

It isn’t expected to open until next spring, but the $3.5 billion global gaming destination in The Bahamas – Baha Mar – already has arranged to have a state-of-the-art race and sport lounge as a major feature.

Foxwoods CEO pushing for 24-hour drinking December 15, 2014 by Ray Poirier

Last week, Felix Rappaport, the new CEO of Foxwoods Resort in Connecticut, said he wanted to push the state for permission to extend drinking hours at the casino, considering the “24-hour” nature of the gambling property.

Jury finds racetrack own liable in racketeering case December 15, 2014 by Ray Poirier

An Illinois jury has found a racetrack owner liable in a civil racketeering case that involved actions during the jailed former governor Rod Blagojevich’s term.

Russian men nabbed for scamming slot machines December 15, 2014 by Ray Poirier

Four Russian men have been nabbed in St. Louis, Missouri, for attempting to cheat casinos by scamming their slot machines.

PENN's Plainridge Park has exceeded its goals December 15, 2014 by Ray Poirier

There eventually will be at least two casinos in operation in Massachusetts but long before they open their doors, there will be a racino operating in Plainville.

ThistleDown racetrack planning $70M expansion December 15, 2014 by Ray Poirier

It only was revitalized as a racino less than two years ago, but ThistleDown racetrack, near Cleveland, Ohio, is already planning a major expansion.

Casino Insider December 15, 2014 by Ray Poirier

Casino Insider | Read the latest casino industry news bites about Penn National Gaming Inc. (PENN), Wynn Resorts Ltd. (WYNN), Scientific Games Corporation (SGMS) and so much more.

Hakkasan Group to acquire Las Vegas competitor December 15, 2014 by Staff & Wire Reports

Hakkasan Group, a major player in the food and entertainment industry in Las Vegas since moving into the MGM Grand Hotel/Casino in 2013, is set to acquire Morgans Hotel Group’s stake in Light Group, operator of Light and Oak nightclub.

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Two Florida dog tracks pick up card roomsSTUNNING REVERSAL

Two Florida dog tracks pick up card rooms

The Sun Sentinel reported a stunning reversal overturning an appeals court decision: Florida Supreme Court ruled that at least two greyhound tracks, including one in Palm Beach County and one in Daytona can operate satellite card rooms without live racing.

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