A public hearing has been set for January 7 to hear arguments on behalf of two competing plans for a New Jersey casino expansion outside of Atlantic City. The competing bills are being discussed in the General Assembly and the State Senate, respectively. The main dispute is whether the licensing
Democratic presidential candidate Bernie Sanders mocked Republicans for running to casino mogul Sheldon Adelson for donations on a campaign tour of Nevada today. While talking to a crowd of 2,000 people at a campaign rally, Sanders spoke of an "Adelson caucus". The comments come on a 2-day tour of Nevada
Sen. Harry Reid is estimated to have saved American casino companies roughly $1 billion in taxes when he eliminated taxes based on real estate investment trusts, or REITs, in the recent government budget omnibus bill. Companies like Caesars Entertainment and MGM Resorts have used REITs to shift company assets from the
Illinois Attorney General Lisa Madigan has ruled that daily fantasy sports is illegal under the laws of her state. In an opinion released on Wednesday, Madigan wrote, "It is my opinion that daily fantasy sports contests constitute illegal gambling under Illinois law." The decision is the latest hammerblow to the
State Senator Maria Sachs, a Democrat from Delray Beach has filed legislation which would create a Florida Department of Gaming. At the moment, three departments oversee gambling operations in the state, but Sen. Sachs believes the job would be done better by a single agency. When asked about the timing
Georgia lawmakers are discussing casino gambling as a way to raise funds for the HOPE scholarship program, a merit-based program which helps high-achieving students attend college at a discount. At the moment, the HOPE program is funded the Georgia State Lottery, but declining participation in the state-level lotto games mean
A driver ran down pedestrians on a crowded sidewalk on the Las Vegas Strip, killing at least one person and injuring at least 36 others. Police said the vehicular homicide was an "intentional" act. Witnesses said the woman was driving down Las Vegas Boulevard near the Paris Las Vegas Hotel
Next Monday, the New York Gaming Commission plans to vote on the question of awarding state casinos licenses to three casino developers. The Gaming Commission's vote is the final approval for casinos projects in the Catskills, Schenedtady, and the Finger Lakes. In several cases, the preliminary work has begun on
Sheldon Adelson said on Friday he would wait until the Republican primaries in February before he decided which candidate to back. The chief executive officer of the Las Vegas Sands Corp was the single-biggest donor to the GOP in the 2012 election cycle. Adelson's political allegiances were related as the
The Venetian Casino on the Las Vegas Strip was the site for the fifth Republican Debate on Tuesday. The Venetian serves as the headquarters of the Las Vegas Sands Corporation, whose chairman is high-powered Republican donor Sheldon Adelson. The choice of venue is symbolic, because Sheldon Adelson is going to
Rob Manfred, who has been the Major League Baseball commissioner for 11 months, denied Pete Rose's request to be reinstated to the major leagues. Manfred upholded a lifetime ban which was imposed on Pete Rose imposed by A. Bart Giamatti over 26 years ago. Rob Manfred is the third successive
New York Supreme Court Justice Manuel Mendez today ordered DraftKings and FanDuel to stop accepting "entry fees, wagers, or bets" from residents in the state. The ruling is considered a massive setback for the daily fantasy sports industry in America. Judge Mendez granted a preliminary injuction against the two DFS
