U.S. Rep. Frank Pallone Jr. of New Jersey announced on Friday that his congressional committee plans to review the federal sports betting laws and introduce new legislation to cover daily fantasy sports. Rep. Pallone mentioned his plans in a statement to David Purdum of ESPN's Chalk blog, which covers gambling.
Wynn Resorts chief executive officer Steve Wynn gave his opinions on the national deficit and the downside to printing money. The comments came when Steve Wynn was interviewed on the Fox News opinion program, Hannity, after the third presidential debate. During the program, Steve Wynn said that the U.S. Treasury's
Nevada Governor Brian Sandoval signed a bill on Monday which approves a Las Vegas stadium intended for the Oakland Raiders. Raiders' owner Mark Davis still needs permission from the ownership of the National Football League in order to move to Las Vegas. Mark Davis joined Gov. Brian Sandoval for a
Two weeks ago, the Washington State Gambling Commission warned the video game developer and digital distribution company, Valve, to "respond and explain" the role its digital distribution platform, Steam, plays in the skin gambling niche. The deadline has passed and Valve has failed to comply with the request on October
The New Jersey Division of Gaming Enforcement approved the New York-based GameCo, Inc. to become the first skill-based slot machine designer to place gaming machines in Atlantic City. The plan is for GameCo to deploy skills slots in the Caesars Entertainment's three casinos: Caesars Atlantic City, Harrah's Atlantic City, and
The Securities and Exchange Commission is probing whether trading in shares of Empire Resorts Inc. around the time the company received a lucrative casino license involves insider trading. Empire Resorts received a license for the Montreign Casino near Monticello on December 17, 2014. The SEC probe looked into suspicious trading
CCP, the game developers behind EVE Online, are targeting the online gambling casinos which have gained so much power inside the game. EVE Online has operated for its first 13 years as a pay-to-play MMORPG game. Monthly subscriptions cost about $20. In November 2016, CCP plans to switch to a
The New Jersey Thoroughbred Racing Association has appealed New Jersey's sports betting case to the U.S. Supreme Court. After the New Jersey Attorney General's Office lost its appeal before an "en banc" panel of judges in August 2016, Gov. Chris Christie said he would not appeal the decision. Two years
The Trump Taj Mahal closes its doors on Sunday, October 9. The final bets are taking place as the Atlantic City casino ceases operations at 5:59 am on Monday morning, according to the Taj Mahal's website. On Sunday afternoon, less than 20 of the original 100+ gaming tables appeared to
The Chicago Cubs are the prohibitive favorite to win the 2016 World Series, according to the Westgate SuperBook and other leading Las Vegas sportsbooks. The Chicago Cubs have not won a World Series in 108 years, so they are expected to be a betting favorite with many gamblers. The Westgate
A coalition of anti-gambling groups led by "Stop Predatory Gambling" has filed a lawsuit against FanDuel, DraftKings, and other daily fantasy sports in New York State. The group claims that the DFS companies did an "end run" around the New York Constitution when they convinced the state legislature to pass
Former NBA Commissioner David Stern appeared at the Global Gaming Expo last week to state he now believes in legal sports betting. David Stern's speech reverses a decades-long position in which he championed the PASPA law and spoke out against New Jersey's attempts to legalize sports betting at the state
