News - Page 852

The bill would bring much-needed revenue to the cash-strapped state by expanding gambling and giving Chicago its first casino.

Tropicana Entertainment Inc. announced Wednesday it sold the River Palms in Laughlin to Reno-based M1 Gaming for $7 million.

Further growth in the gaming industry is not going to occur in Nevada, but Nevada needs to make sure it has a healthy product that will bring visitors to the state, Wynn said.

Alabama's proposed gambling legislation has died in the current legislative round

Nevada is the first US state to go live with an online gambling site.

Funds raised will support research and care for children with Duchenne Muscular Dystrophy.

J Todd reports on Betfair's rejection of a takeover offer of over a billion dollars. Plus, industry news from Pennsylvania, Connecticut and New Jersey.

Downtown Las Vegas continues a major transformation as investors and developers pour hundreds of millions of dollars into redevelopment.

Atlantic City Mayor Lorenzo Langford said the first two years of Christie’s planned five-year program haven’t shown any notable improvements.

Springfield Mayor Domenic Sarno announced MGM Resorts’ selection and endorsed the company’s plans to build an $800 million hotel-casino on a 10-acre site that was damaged by a tornado in 2011.

Ultimate Gaming, a majority-owned subsidiary of Station Casinos LLC, has launched real money online poker at UltimatePoker.com, making history as the first company in the United States to offer legal and secure online poker.

The site is expected to go live at 9 a.m. with limit and no-limit Texas hold ’em poker through single-table cash games, sit-and-go events and multi-table tournaments.

Ohio nipping at the heels of Pennsylvania's gaming profits.

NYGA members generate $1.8 billion in gross gaming revenue in 2012, with 46 percent going to NY Education.

Barona Resort & Casino is bringing horse racing off the track and into the casino.

Sportech Racing has entered into an agreement with Darby Development LLC, manager and operator of Monmouth Park Racetrack, to provide pari-mutuel wagering technology and services.

The two gaming giants set new records for the ‘Largest Slot Machine Tournament’ and ‘Most Slot Machines Running The Same Game Simultaneously.’

Six different groups and partnerships, including Wynn Resorts Ltd., Penn National Gaming, Isle of Capri Casinos and Cordish Cos., have applied with state gaming regulators for the right to own Philadelphia’s last casino license.

The land-based and online gaming worlds converged at the Global iGaming Summit & Expo (GiGse) last week to discuss the future of the online gaming industry in the U.S. Vin Narayanan offers 10 key storylines that emerged from the conference.

“This agreement, the first in the region, marks a significant milestone for the company and brings the project one step closer to fruition,” Wynn Resorts said in a statement.