At a hearing held earlier this week, investigators enlisted by the state of Massachusetts to perform a routine background check advised state gaming regulators that MGM Resorts is fit to move forward with its plan to build a new land-based casino in Springfield, the second-largest metropolitan area in the state.
The gaming revenue numbers for Nevada in October are in, and they reflect a small decline over the same period in 2012, reports Bloomberg Businessweek. Overall, the take from gambling in the state of Nevada decreased by 2.6 percent over October of 2012. Roulette to blame, say regulators Sports-betting and
It has been three days since New Jersey flipped the 'open' sign on its brand-new online betting industry, and so far, so good, say regulators, who noted that a whopping 17,000 players used the sites in the first few days of operation. Before the full scale launch this past Tuesday,
After a month that saw Suffolk Downs lose both its casino partner and a public referendum, the company announced today that it has acquired a new partnership with another casino company that failed to pass muster with voters, Mohegan Sun. Myfoxboston.com reported that the two companies are moving forward with
Sheldon Adelson has rankled many folks in the gambling industry as a result of his recently scaled-up quest to banish regulated online gambling from the United States, though if one wants to look at the bright side, at least he can be credited with starting up a spirited debate on
Atlantic City, once the biggest gambling center east of the Mississippi River, has been experiencing revenue declines for years, ever since peaking back in 2006. While the city may be struggling to take in gambling dollars, the Press of Atlantic City reported today that hotel rooms in Atlantic City are
Sheldon Adelson, the head of the Las Vegas Sands Corp. - and number eleven on the list of richest Americans - is known for making inflammatory statements, so it should come as no surprise that he continues to make them. Just last month, Adelson said he believes that the United
We have noted before that news from Atlantic City tends to typically fall into one of two categories, those being grim and grimmer. This week the Press of Atlantic City reported on yet another bit of bad news for the long struggling city - a credit downgrade by the ratings
This week voters in Milford, Massachusetts, a town of about 25,000 residents roughly 40 miles from Boston, turned out to the polls in droves to say no to a casino proposed by Foxwoods. In the weeks running up to the election, polling results were murky and even Foxwoods officials admitted
The one company that everyone has been watching in the New Jersey online gambling licensing processing has been PokerStars, and this week it became final: PokerStars will not receive licensing approval before the full-scale launch of online betting in the Garden State on November 26. The acknowledgement that licensing for
Earlier this month when the Atlantic Club Casino Hotel in Atlantic City went bankrupt, it was immediately announced that the move was in anticipation of a sale of the property at auction. Sure enough, the long-struggling Atlantic Club, which in recent years has been branded as a downmarket locals casino,
A feature piece in the Washington Post warns that Las Vegas Sands Corp. CEO and outspoken opponent of the regulation of Internet-based wagering in the United States, Sheldon Adelson, is ready to take up the fight anew and will be taking his campaign to Washington D.C. as well as working to
