Admin | April 15, 2012
Andy Mills/The Star-LedgerOn the day, Gov. Christie heralded the arrival of a new casino, Assembly Speaker Sheila Oliver made a push to bring gambling to the Meadowlands.
Admin | April 12, 2012
But while Spains stalling economy could do with a major investment, not everyone is thrilled about the idea of it hosting Europes own Sin City. Some are worried that the casino complex could attract prostitution and mafia gangs and even encourage gambling addiction. Still, Madrid and Barcelona are both vying to woo Adelson for his [...]
Admin | April 8, 2012
Politics and sports are two things that incite strong emotions in nearly every individual in this country, but they should very rarely converge. Last week the Senate Judiciary Committee announced there would be an upcoming hearing about bounties in professional football and other major sports as a result of recent allegations that the New Orleans [...]
Admin | April 6, 2012
As a sweetener to states current casino operators, the bill knocks the states tax rate on gambling revenues from 67 percent to 60 percent. It also would allow table games at all of the states casinos. The bill also would allow the same company to own up to two casinos in Maryland. The modification was [...]
Admin | April 5, 2012
It’s a big day for billionaire casino mogul Steve Wynn. Just off a flight from the US, he greets me at his posh Wynn Macau resort in rumpled jeans instead of his usual custom suits. He’s charged up that four Qing dynasty vases he won at auction for $12.7 million have safely arrived. The vases [...]
Admin | April 1, 2012
I noticed the full-page ad in the March 11 Dothan Eagle. The newspaper referred to the information as being a statement. I use the word ad because it certainly seemed to me that Milton McGregor was trying to sell himself and his ideas to the simple-minded people of Alabama. I am not saying everyone in [...]
Admin | January 28, 2012
A report has been released showing the potential tax revenue, generated income and growth that expanded gaming could bring to the commonwealth. The study, commissioned by the horse racing industry, precedes Gov. Steve Beshear’s proposal for expanded gaming. Spectrum Gaming Group says eight casinos at horse racing tracks would have an overall economic impact of nearly [...]
Admin | January 27, 2012
Gov. Jack Markell will not push for expanded gambling in the First State this year, said spokesman Brian Selander in an email. The governors office acknowledged that Markell, who is up for reelection this year, previously supported casino expansion.
Admin | January 19, 2012
lsquo;Significant numbers of Greek bonds may have migrated from financial institutions participating in the voluntary Private Sector Initiative (PSI) to others betting that the country will default, throwing the negotiations into peril, a senior economist has warned EurActiv.
Admin | January 15, 2012
CHICAGO — Illinois Gov. Pat Quinn is a touting a new report that his office says casts doubt how much extra money gambling expansion would bring in. Quinns staff released a report Monday that says an initial gambling expansion bill passed by lawmakers would generate about $160 million in new annual gaming revenue and not [...]