Las Vegas Sands Corporation has seen the share prices on its stock plummet throughout 2014. From the beginning of 2014, stocks have lost over 25% of their value, while analysts expect even more of a drop by the end of the year. Revenues compared against this time in 2013 show
Caesars Interactive became the first online gaming company in New Jersey to be fined for violations of state law. Caesars was fined $10,000 for violating the state's self-exemption laws for problem gamblers. Between February 16 and May 28 of this year, Caesars Interactive mailed promotional material to 250 people who
Las Vegas plans to lure major professional sports franchises to relocate in the city, according to USA Today. Las Vegas has long been shunned by the U.S. professional sports associations, because leagues like the NFL and NBA have wanted to avoid ties to gambling. Other obstacles exist to keep Las
Massachusetts voters on Tuesday voted to approve the 2011 casino licensing bill. If Massachusetts had approved Question 3 on the midterm ballot, it would have stopped the building of two casinos which recently were approved. Anti-Gambling Activists Lost Question 3 had become a hot-button issue with social conservatives, as anti-gambling
Ultimate Fighting Championship Executive Vice President and Chief Operating Officer Lawrence Epstein says he supports legalized sports betting in the United States. Epstein told ESPN that he believes expanded sports betting would benefit all US sports, including the UFC. Lawrence Epstein's comments mark him as the second executive of a
Proposition 48 is a controversial gaming bill on the November ballot in California this year. The referendum would approve a state-tribal compact of a Madera tribal casino. Opponents of Proposition 48 have launched an ad campaign that has received significant criticism. One of the controversial aspects of the anti-Proposition 48
Even though the National Basketball Association supported a recent lawsuit by the major U.S. sports leagues to stop New Jersey's push for sports gambling, Commission Adam Silver says it is in the NBA's best interest for his league needs to embrace the industry. In a recent interview with Howard Beck
On Monday at the Mobile and Tablet Gambling Summit USA in Atlantic City, New Jersey State Senator Ray Lesniak told a symposium that his state's online gambling rollout was hurt by credit card firms like VISA and MasterCard. Gaming analysts and politicians alike predicted New Jersey onine gambling could generate
The 2014 Mobile and Tablet Gambling Summit will begin in Atlantic City on Monday, October 27. The event will take place at the Bally's Atlantic City. Online gambling industry leaders will gather to discuss challenges and opportunities facing the mobile poker gambling industry. While the industry has many similarities to
1,300 employees of the Chukchansi Gold Resort and Casino are without a job, after a California judge closed the casino indefinitely. The casino closure was recommended by law enforcement officials and local political leaders, after an armed standoff in the Chukchansi casino. Details are still emerging about the incident, but
On Friday, U.S. District Judge Michael Shipp blocked sports gambling at Monmouth Park in New Jersey. The temporary restraining order is a victory of the major American sports leagues, which had sued the state of New Jersey to keep casinos and racetracks in the state from opening sportsbooks. Monmouth Park
The ownership group for the Rising Star Casino Resort announced on Wednesday that the company is for sale. The parent company of the Rising Star is the Las Vegas-based Full House Resorts. Upon news of the announcement, Full House Resorts shares gained in price. The shares closed at $1.33, which
