Elaine Wynn, the ex-wife of Wynn Resorts founder, Steve Wynn, has raised the stakes in her bid to gain control of 10 million shares of the Las Vegas casino company. Elaine Wynn would like to get her hands on her 10 million shares in order to sell them, but a
At a meeting last Thursday with the South Nevada Tourist Infrastructure Committee, the Las Vegas Sands Corporation said it is serious about obtaining approval to build a $1.3 billion football stadium. If built, the stadium would house UNLV football games. The long term plan would be to lure an NFL
PokerStars was the most-played online poker platform in the New Jersey market the first week after its launch. The immediate prominence is a sign of the potential PokerStars has to change the U.S. online gambling market. Poker Scout reported that the average number of cash game players on the PokerStars
A Las Vegas man was arrested this week for luring investors into a business venture in which he would use a "guaranteed system" of betting to make money. Two potential investors offered a combined $350,000 of investments in the scam, in exchange for a percentage of the profits. 53-year old
New York state lawmakers included online poker as a line-item in a budget proposal, indicating a willingness to legalize online poker later this year. In fact, the spending bill seems to assume online poker as a part of New York's budget for fiscal year 2017. New York's legislators are trying
David Baazov, the CEO of Amaya Gaming, has been charged by the Autorte des Marches Financiers (AMF) with insider trading. The AMF is the securities regulators for the province of Quebec in Canada, so these are serious charges against Baazov. The AMF filed 23 different charges related to the case.
The law the Federal Bureau of Investigation argues gives it the right to compel Apple Computers to unlock an iPhone has been used by the FBI against other telecommunications company's before. In fact, the FBI used the "All Writs Act" in a 1977 illegal gambling ring against New York Telephone.
Atlantic City Mayor Don Guardian warned lawmakers that North Jersey casinos would bring an increase in "prostitution and drugs and other minor crimes" to the region. Mayor Guardian's comments were part of an ongoing debate in anticipation of a casino referendum which is planned for the November 2016 election cycle.
Today marks the official launch of the PokerStars brand in New Jersey. Monday, March 21 is the first time in nearly 5 years US players could gamble at the world's top online poker site legally. On April 15, 2011, the US Department of Justice seized the PokerStars US-facing domain and
Shaquille O'Neal, Jimmy Rollins, and Alex Rodriguez each have invested in NRG eSports, a competitive eSports company which competes in League of Legends and Counter-Strike: Global Offensive. NRG eSports has entered a new round of financing, seeking big money and high profile investors alike. NRG Chairman Andy Miller told a
Massachusetts has developed a technology named "Play My Way" which allows players to set daily, weekly, and monthly betting limits. Any gambler who uses a casino reward card in a Massachusetts slot machine is going to have access to the technology. When a gambler places their rewards card in the
When asked recently if he would support Donald Trump as the Republican nominee for US president, Sheldon Adelson asked the rhetorical question, "Why not?" The president and founder of Las Vegas Sands Corp said previously that he would not announce his preference for GOP presidential candidates until February, at the
