Author Archives: Steve Larson

Seneca Nation Announces It Will Stop Paying $110 Million in Gaming Taxes to New York

Seneca Nation Announces It Will Stop Paying $110 Million in Gaming Taxes to New York

March 23rd, 2017 Written by Steve Larson

The Seneca Nation announced it would stop paying $110 million a year in gaming taxes to the State of New York. That $110 million figure is a portion of the gaming taxes owed each year from the Seneca Nation’s casinos in Niagara Falls, Buffalo, and Salamanca. The Native American tribe say they are abiding by the terms of a 2002 gaming compact signed with the State of New York. In that compact, the Seneca Nation agreed to... 

Russian Illegal Gambling Case Involved FBI Wiretaps of Trump Tower

Russian Illegal Gambling Case Involved FBI Wiretaps of Trump Tower

March 22nd, 2017 Written by Steve Larson

Since Donald Trump accused the Obama Administration of wiretapping Trump Tower during the latter stages of the 2016 US Presidential Election, the American media has sought any confirmation of that accusation. No wiretapping evidence which conforms to President Trump’s accusations has been found, but ABC News reports that the FBI did wiretap Trump Tower during Barack Obama’s term as president. The case even involved... 

Sheldon Adelson Listed Number One on Forbes Magazine’s List of Gambling Billionaires

Sheldon Adelson Listed Number One on Forbes Magazine’s List of Gambling Billionaires

March 21st, 2017 Written by Steve Larson

Forbes Magazine placed Sheldon Adelson of Las Vegas Sands Corp. at the top of its list the world’s wealthiest gambling industry billionaires. Forbes rated Sheldon Adelson as the 20th-richest person in the world, with an estimated $30.4 billion. The finance industry and economic magazine launched a real time tracker of wealth on its website this year, so Mr. Adelson’s real time wealth has changed since the list was published.... 

ICE Agents Raid an Illegal Cockfighting and Gambling Ring in Detroit

ICE Agents Raid an Illegal Cockfighting and Gambling Ring in Detroit

March 20th, 2017 Written by Steve Larson

Federal immigration officials raided an illegal cockfighting and gambling ring in Detroit this past weekend. Officials said on Monday they have about 50 undocumented immigrants in custody, who might face deportation now. The gaming ring bust was lead by U.S. Customers and Immigratrations or “ICE” agents. ICE is the successor to the Immigration and Naturalization Service (INS), and has been involved in a number of illegal... 

Woman Charged with Theft of $15,000 Mink Coat at MGM National Harbor

Woman Charged with Theft of $15,000 Mink Coat at MGM National Harbor

March 18th, 2017 Written by Steve Larson

In January 2017, a female customer at the MGM National Harbor had her $15,000 mink coat stolen from the coat-check rooms. The Washington Post described the coat as a “special item from Neiman Marcus with sentimental value”. It had her monogrammed initials inside. The woman checked the coat at Fish, a signature Jose Andres seafood restaurant at the MGM National Harbor. When the women returned for her coat later, it was... 

Lucky Dragon Casino Brings a Permanent Rolling Chips Program to Las Vegas

Lucky Dragon Casino Brings a Permanent Rolling Chips Program to Las Vegas

March 16th, 2017 Written by Steve Larson

The Lucky Dragon Casino is the first Las Vegas casino to offer a rolling chips program on a regular basis. Other Las Vegas casinos have tried rolling chips as a way to lure VIP guests, but none have embraced the system the way the new Chinese-themed boutique casino has. Like the various more limited rolling chips programs in the city’s past, the rolling chips program at the Lucky Dragon is designed to attract high rollers.... 

American Gaming Association Estimates $10.4 Billion Will Be Gambled on March Madness

American Gaming Association Estimates $10.4 Billion Will Be Gambled on March Madness

March 15th, 2017 Written by Steve Larson

The American Gaming Association released estimates today stating Americans would wager $10.4 billion on the NCAA’s March Madness in the coming weeks. The AGA noted that $295 million would be wagered legally at the Las Vegas Strip sportsbooks. Those numbers are meant to underscore the folly of the Professional and Amateur Sports Protection Act of 1992, which bans sports betting in 46 states. Of the remaining 4 states which... 

Daily Fantasy Sports in Mississippi Is Legalized and Regulated by House Bill 967

Daily Fantasy Sports in Mississippi Is Legalized and Regulated by House Bill 967

March 14th, 2017 Written by Steve Larson

On Monday, Mississippi Governer Phil Bryant signed into law House Bill 967, which regulates daily fantasy sports in the state. House Bill 967 was sent to Gov. Bryant’s desk on March 2. Mississippi is the first U.S. state to regulate daily fantasy sports in 2017. The bill gives the Mississippi Gaming Commission the authority to regulate daily fantasy sports contests held in brick-and-mortar casinos or on online websites. This... 

R&R Development Plans to Re-Open the Atlantic Club as Dolphin Village Water Park

R&R Development Plans to Re-Open the Atlantic Club as Dolphin Village Water Park

March 13th, 2017 Written by Steve Larson

The R&R Development Group announced it purchased the closed Atlantic Club Casino Hotel in Atlantic City. R&R plans to turn the building into an indoor water park and go-cart track. Ronald Young, the CEO of R&R Development Group, said his company plans to invest $135 million into a construction of a water park and renovations on the Atlantic Club. Those renovations include updates to 300 hotel rooms, which Young expects... 

Black Friday Prosecutor Preet Bharara Is Fired by U.S. Attorney General Jeff Sessions

Black Friday Prosecutor Preet Bharara Is Fired by U.S. Attorney General Jeff Sessions

March 10th, 2017 Written by Steve Larson

Preet Bharara, the U.S. Attorney at the center of the Black Friday poker scandal, was fired by the Trump Administration on Friday. U.S. Attorney General Jeff Sessions called for all forty-six of Obama Era U.S. attorneys to hand in their resignations on Friday, then told them they were being dismissed. It was a clean sweep of the nation’s top prosecutors. From August 2009 until March 2017, Preet Bharara was the U.S. Attorney... 

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