To help relieve its long term debt, Caesars Entertainment Corporation sold four of its casinos to a subsidiary, Caesars Growth Partners, in exchange for $2.2 billion in cash. The four casinos which were sold in early March are three Las Vegas Strip casinos--Bally's Las Vegas, The Cromwell, and the Quad--and
An iGaming Legislative Symposium held in Sacramento in late February 2014 discussed strategies to legalize regulated online gambling in California in 2014. The conference was held to discuss the best ways to implement such policies in the Golden State, while also debating possible issues which might arise if legalization happens.
Kentucky's Department of Alcoholic Beverage Control says illegal gambling machines are on the rise in their state. Unregulated slot machines and video poker machines are common in the state, where they become an open secret in a local community. One illegal brick-and-mortar gaming site was shut down recently in Williamson.
Proponents of legalized gambling in New Jersey have argued that the future of Atlantic City casinos centers around giving those casinos the full range of gambling options. Much of the debate has centered around the ability of Boardwalk casinos to offer iPoker and online casino gambling, but the debate touches
A Southern California businessman and retiree is suing the Downtown Grand Casino in Las Vegas for allowing him to gamble when drunk. Mark Johnston claims he was "blackout drunk" while playing blackjack during a Super Bowl weekend visit to Las Vegas. While being so inebriated he claims he couldn't remember
The Las Vegas Sands Corp. does not have to hand over documents in a wrongful termination lawsuit, the Nevada Supreme Court ruled last week. Lawyers for Steven Jacobs, who was the former head of Sands China when he was fired in 2010, say they need those documents to make their
Nevada state officials say their state's overall gambling revenue dropped 2.7% in January 2014, compared to the same month last year. The total revenues for the month were $884 million. Making the drop-off worse is the fact the 2014 Super Bowl betting set records, and the rake was a ten-year
John Cullerton, the president of the Illinois State Senate, announced his support for legalized online gambling in his state. The senator said he expects "stiff opposition" to his proposal, but the state could expect a 9-figure windfall in additional revenues if pro-gambling legislation was passed. The Poker Players Alliance has
The government of New Jersey approved a multi-state progressive slots system this week which should result in larger jackpots. The multi-state, networked jackpot system currently involves New Jersey, but is designed to draw interest from other states. New Jersey's Division of Gaming Enforcement claims several U.S. states have shown interest
The governors of Nevada and Delaware signed an agreement on Tuesday which allows the states to share their iPoker player pools. The agreement between Gov. Jack Markell of Delaware and Gov. Brian Sandoval of Nevada is seen as the first step in an integrated U.S. online poker community. The plan
A bill was entered into the Florida Senate this week which would allow for the opening of two integrated casinos in South Florida. If the bill were enacted into law, it would also expand slot machine gambling. The bill also proposes to create a new state-level gambling agency to help
Three of Alabama's gubernatorial candidates are running on pro-lottery gambling platforms against the incumbant, Robert Bentley. A state lottery was rejected by Alabama voters when it was on the ballot 15 years ago, so the decision of several candidates to run on the issue indicates a major shift in public
