Congress was urged Wednesday to step in and form new rules for Internet gambling as experts warned the online world threatens to turn into the Wild West since the Obama administration loosened the law a year and a half ago.
Casinos & Gaming
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William Hill on Wednesday opened its upgraded race and sports at the Edgewater casino in Laughlin, just in time for the start of the summer meet at Del Mar.
A recent Las Vegas transplant has found herself smack in the middle of the bitter, long-standing labor dispute between Station Casinos and Culinary Workers Local 226 as she looks to host the 2013 National Nurses Health Institute.
Voters in Springfield, Mass., approved a plan Tuesday by MGM Resorts International to build an $800 million hotel-casino complex in the community.
All of a sudden, it’s mergermania in the gaming industry. A third major transaction in eight months was announced Tuesday when slot machine manufacturer Bally Technologies said it will acquire gaming equipment provider SHFL Entertainment for $1.3 billion.
Pinnacle Entertainment announced plans Monday to raise up to $800 million in new debt to help the company complete its buyout of regional gaming rival Ameristar Casinos.
Las Vegas Sands Corp. could delay development of a planned $22 billion resort complex in Spain unless the government lifts a ban on smoking inside casinos, a wire service reported.
Casino developers — including MGM Resorts International, Las Vegas Sands Corp. and Wynn Resorts Ltd. — will spend some $22 billion on massive new resorts and gambling complexes in Macau over the next four years.
The Empire put a hit on the Mafia and buried the farm. Two years after Caesars Entertainment Corp. perplexed Wall Street by acquiring social gaming operation Playtika, the casino giant has moved past rival Zynga Inc. to the top of the business model.
GameLoot, a downtown Las Vegas-based tech company, has launched its online fantasy sports business geared to the casual fan who wants an easier and quicker option to the time commitment demanded by traditional fantasy sports.
Affinity Gaming, which went through a contentious proxy battle in May, announced Friday a representative of the company’s second largest shareholder would become the casino operator’s new chairman.
The California Gambling Control Commission on Thursday unanimously upheld a judge’s ruling that deemed Galaxy Gaming California LLC, a subsidiary of Las Vegas-based Galaxy Gaming Inc., and CEO Robert Saucier unsuitable to do business in California.
A Texas congressman and longtime Internet poker advocate introduced legislation Thursday that would allow states and Indian tribes to legalize the activity without fear of federal intervention.
Ultimate Gaming, which is currently operating Nevada’s only legal Internet poker website, said Thursday it has completed its state-mandated field trial.
What seemed like a positive sign — a 6.39 percent increase in Strip gaming revenues during May — was downplayed by Wall Street Thursday.