Net Entertainment has speeded up its entry into the North American online gambling market by entering into a cross-license agreement with International Game Technology, the largest manufacturer of US slot machines. IGT has a much wider network of associations besides its land-based gaming machine business, though. As of 2014, IGT
American Pharaoh is a 3-to-5 favorite to win the Belmont Stakes and seize the Triple Crown. If American Pharaoh won the race at Belmont Park on June 6, it would become the first thoroughbred to win the Triple Crown in 37 years. After the draw for the post this week,
The Oneida Tribe of New York state opened a Wizard of Oz-themed mini-casino in a strip mall near Syracuse. The gaming site is named the Yellow Brick Road Casino and can be found on tribal lands near the Chittenango grocery store. Though the new casino is small in comparison to
Paul Phua Wei-seng's US gambling case collapsed on Monday after most of the evidence against the Malaysian businessman and high-roller was tossed out by a federal judge. US District Judge Andrew Gordon ruled that most of the FBI-obtained evidence in the case could not be used by federal prosecutors, because
A Delaware judge ruled this week that a former nun and current casino developer Sandra Manno has to pay back nearly $1 million. Manno spent $970,123 by "living large" while she was supposed to be building the CanCan Casino in D'lberville, Mississippi. Instead of using the casino money, which had
A gambling bill which would have legalize a state lottery and expanded dog track betting died in the State Senate on Thursday. The bill faced an uphill battle the entire time, because it needed unanimous approval from the Senate to be moved forward. That leaves little time in the regular
At at news conference in New York City on Wednesday, Las Vegas Sands chairman Sheldon Adelson spoke about the collapsing market in China. In the midst of a press conference, he was asked about Macau's falling revenues. His reply received heavy criticism from financial publications, including Business Insider's Linette Lopez.
Six FIFA officials were arrested in Switzerland in the early morning hours of Wednesday morning Swiss-time. According to the New York Times, they have been indicted on charges of "RICO conspiracy, wire fraud conspiracy, wire fraud, money laundering conspiracy, money laundering and obstruction of justice charges." If convicted, each faces
Nevada Governor Brian Sandoval signed Senate Bill 9 this past Thursday, giving his approval to skill-based gaming in the state. For the first time in the United States, a jurisdiction is set to allow skill games inside casinos. The bill should change how slot machines are played. Slots are a
Ahmed Zayat, the owner of Triple Crown hopeful American Pharaoh, is currently involved in a $1.65 million Florida lawsuit said to stem from gambling debts. A suit filed by Howard Rubinsky, a Florida man, says that Mr. Zayat owes him $1.65 million from debts incurred back in 2005. The lawsuit
Frederic Dussault of the University of Quebec at Montreal published a study recently which suggested that problem gambling and depression have a high correspondence. Previous studies have shown how problem gambling can ruin the health of gamblers, in addition to obvious drawbacks like less money in the bank account and
International Game Technology, the number one manufacturer of American slot machines, is planning to sell its Las Vegas corporate headquarters. IGT was bought by Italian gaming company, GTECH Holdings, in 2014 and the two gaming giants are combining operations. The two companies' merger was completed recently. Marco Sala, the former
