Sports bettor Glen Cobb and his family pleaded guilty Monday in a long-running investigation of a multimillion-dollar illegal gambling operation.
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A New Jersey state senator seems to think the percentages favor statewide sports betting in the Garden State. The state senator, Democrat Raymond Lesniak, predicted on Thursday in Las Vegas that there is an 85 percent to 90 percent chance that a June court ruling will either allow or guide the way to legal sports betting in New Jersey.
While the recession knocked the California Indian casino market down a few notches — as it also did in Nevada — signs are afoot the Golden State’s tribal gaming industry is once again firing up.
State gaming regulators have recommended approval of the sale of the 300-room Gold Strike in Jean, south of Las Vegas, to a company owned by the Herbst family.
IGT CEO Marco Sala rang the opening bell to start trading on Wall Street Tuesday morning. Right, that’s IGT CEO Marco Salo — not GTECH CEO Marco Sala.
A leading independent proxy advisory firm has recommended that Wynn Resorts shareholders withhold their votes for two company-recommended candidates to serve on the company’s board of directors. Institutional Shareholder Services, which monitors boardroom actions for institutional investors, also did not endorse a vote for company co-founder Elaine Wynn.
MGM Resorts International had a busy March. On March 24, MGM officials broke ground on the company’s $800 million hotel-casino development in Springfield, Mass. A day later, MGM leadership celebrated the hiring of the 1,000th construction worker for the $1.25 billion MGM National Harbor in Maryland.
The Nevada Supreme Court has given Sands China Ltd. a temporary reprieve from monetary sanctions levied against the company last month, but the court refused to interfere with other penalties imposed in the case.
Illinois private equity firm Z Capital Partners, which already owns 39.5 percent of Affinity Gaming, has offered to buy the rest of the Las Vegas-based casino company for $9.75 per share.
Gambling technology company Playtech is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million).