WASHINGTON – U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on future economic data, the price of gold and even acts of war.
NEW YORK – Casino operator Las Vegas Sands Corp. plans to pay a special dividend of $2.75, distributing about $2.26 billion to its shareholders by the end of the year.
PHILADELPHIA – Get ready for round two of the casino selection process in the City of Brotherly Love.
BOSTON – When Massachusetts Gov. Deval Patrick ended years of contentious debate over expanded gambling by signing a bill authorizing up to three resort-style casinos and a slots parlor, he warned against expecting any quick economic windfall.
A bill to legalize online poker that is being written in Congress and that Nevada senators are trying to pass by the end of the year could be challenged in court and found unconstitutional, according to a legal analysis by a former top government attorney.
