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News - Page 1625

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Study Shows Link Between Casinos, Bankruptcy

Counties nationwide that legalized casinos from 1990 to 2002 experienced lower personal bankruptcy rates during the first several years of casino operations but eventually reported higher rates than counties without casinos, according to a study.

Nevada Bill Allows Cover Charge

The Senate Judiciary Committee has unanimously approved a bill that would allow casinos to charge admission to areas where gaming is conducted under certain circumstances.

Nevada Players Ante Up Online

Every day hundreds of Las Vegas residents break the law for a shot at fame and fortune or just a bit of fun on online poker sites.

Internet Sites Show Poker Pros the Money

In the last couple of years poker professionals have struck endorsement deals with Internet poker sites and regularly tout them during casino appearances.

Indiana Extends Proposal Deadline

News Brief: Responding to a request for more time, Indiana's gambling regulators yesterday extended by a week the application deadline for bidders proposing to develop an Orange County casino.

Indiana Businesses Busted for Illegal Gambling Devices

News Brief: Another nine northeast Indiana establishments have been cited in connection with electronic gambling devices, and 61 machines have been disabled, Indiana State Excise Police Lt. John Folk said Wednesday.

Las Vegas Makes Pitch for NBA All-Star Weekend

Las Vegas is in serious talks to host the National Basketball Association's All-Star weekend in February 2007, the first time the event would be held in a city without its own NBA franchise.

Las Vegas Event Planner Steps Down

Las Vegas Events president, Pat Christenson, will not be involved in a proposed summer event planning institute and also apologized for any perceived conflicts of interest caused by his actions.

Penn National to Acquire Temporary Maine Site

Penn National Gaming’s subsidiary, Bangor Historic Track, Inc., has agreed to acquire an off-track betting facility in Bangor, Maine which Penn National intends to use as a temporary gaming facility for approximately 475 slot machines.

Florida Gaming to Analyze Growing Gaming Industry

Hundreds of legislators, racetrack owners, casino operators, and slot-machine manufacturers will convene Oct. 17-18 at the first Florida Gaming Summit.

Police Removed from Indiana Casinos

News Brief: State Police troopers would no longer patrol Indiana's riverboat casinos under legislation that's advancing to Gov. Mitch Daniels.

Las Vegas Visitors Spending More

A new visitor study demonstrates something retailers have known for months -- travelers came to Las Vegas in record numbers last year, and they typically spent much more money than they did in 2003.

Committee Approves Special Casino Fee

The Senate Judiciary Committee today approved a bill to allow casinos to charge an entry fee to such events as swimming pool parties where there would be slot machines or table games.

Minnesota Casino Resolutions Pass

News Brief: State representatives from Northeastern Minnesota uniformly blasted a Republican budget resolution that passed the House of Representatives by only two votes Wednesday.

S&P: Gaming Stocks to Remain Strong

News Brief: If the economy remains healthy and consumer demand stays strong, the U.S. gaming industry should have a strong year and credit quality should improve, Standard & Poor's said in a recent report.

Colorado Governor Heads to Las Vegas

Governor Bill Owens and top members of his staff are going to Las Vegas this weekend for a conference on gambling less than two weeks after he chaired a summit in Denver on the same subject, his spokesman said Wednesday.

FBI Expand Perata Investigation

News Brief: The FBI has expanded its investigation of state Senate leader Don Perata in recent weeks, interviewing current and former members of his staff as well as lawyers and lobbyists for Bay Area card clubs that hired Perata's business partner at the senator's suggestion.

World Championship Poker: Deluxe Series Ships for Nintendo

Crave Entertainment reports that World Championship Poker: Deluxe Series has shipped for the Nintendo DS system.

Snoqualmie Casino Project Moves Forward

News Brief: The Snoqualmie Tribe's casino project near North Bend can move forward as planned, after a settlement reached yesterday in a legal dispute between its Arizona investors.

Powerball Rises to $32 Million

Because no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $32 million.

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