Industry News Archive Page 2

California Triples the Number of Indian-Owned Casinos
Posted:2007/07/14
California Indian tribes will be allowed to triple the size of their casino operations -- as long as they pay the state hundreds of millions of dollars annually in taxes under new legislation Gov. Arnold Schwarzenegger (R) signed this week. By Gene Koprowski
Federal Judge Rules That 'Fantasy Sports' Leagues Not Covered by Gambling Laws
Industry News. / Posted:2007/07/11
In the case of Humprey v. Viacom, the plaintiff sued the CBS Corporation, and others, alleging that the defendants operated fantasy sports sites in violation of various state gambling laws. By Gene Koprowski
Gambling Revenues Soaring in Midwest
Posted:2007/07/10
The revenues surpassed the previous record, from last year, by about $171 million, fueled partially by the continued expansion of Iowa's riverboat casino industry. By Gene Koprowski
Connecticut Eyes Impact of Legal Gambling
Posted:2007/07/09
The forthcoming study will examine not only the lottery system, but the Indian-run casinos in southeastern Connecticut, near New York City, state officials said. By Gene Koprowski
'Czar' To Lead Gambling Expansion in Kansas

The governor of the state of Kansas, Democrat Kathleen Sebelius, hoping to increase the profitability of state-owned resort casinos and slot machines at racetracks, is creating a new position in her cabinet -- gambling 'czar.' By Gene Koprowski
Indian Reservation Casino Gambling
Posted:2007/07/04
For the last 10 years, the Prairie Band Potawatomi Nation’s Kansas casino has been run by Harrah's Entertainment. But now, the Indian tribe is coming into its own, By Gene Koprowski
Hollywood Eyes Internet Gambling Legalization
Posted:2007/07/03
A bill before Congress that would legalize Internet gambling has U.S. companies -- including many of the biggest brands in Hollywood -- all riled up about the possible profit opportunities. By Gene Koprowski
Poker Gambling in West Virginia
Posted:2007/07/03
Mountaineer Race Track and Gaming Resort President Ted Arneault strode across the hall at the resort’s convention center, and announced a "massive" victory in the table gambling... By Gene Koprowski
Isle Casino & Hotel Opens this Week in Iowa

The Isle Casino & Hotel, located in Waterloo, Iowa, built for $175 million, will finally open this Saturday at 7 p.m., debuting one of the biggest and most lavish gambling operations in the Midwest. By Gene Koprowski
European Union to Sue U.S.
Posted:2007/06/22
The U.S. has been exporting its popular culture for decades overseas -- primarily through Hollywood films and big brands like Coca Cola. Now, America's fastest growing industry, litigation, seems to have taken root overseas. By Gene Koprowski
MGM Mirage and South African Casino Magnate

Las Vegas-based MGM Mirage said today that it has entered into “talks” to build and operate a “multibillion dollar casino resort” on the north end of the Las Vegas Strip with the company owned by South African casino magnate Sol Kerzner. By Gene Koprowski
Big Victory for Turning Stone Casino

The U.S. Department of the Interior upheld the legality of the Turning Stone casino's 14-year-old gambling compact with the state of New York, and the Oneida Indian Nation, according to Oneida spokesman Mark Emery. Chief Ray Halbritter scheduled a news brief talk about the decision. By Gene Koprowski
New Competitors Cut into Atlantic City's Revenues

Gambling is growing on the East Coast. But that's not the best news casino owners in Atlantic City have heard in a while.
Presidential Candidates Bet on Las Vegas for Campaign Cash

Right next to the craps and roulette tables on the MGM Grand casino floor, in Las Vegas, stands the Tabu Ultra Lounge. Sen. John McCain (R-Ariz.) recently visited -- and left with approximately $400,000 for his presidential campaign.
Industry Sues to Stop Enforcement of Internet Gambling Ban
Posted:2007/06/08
Like all contested political issues in the U.S. these days, the future of Internet gambling is now going to be decided in the federal district courts. By Gene Koprowski
New Legislation Exempts Online Poker from Gambling Law

A Florida congressman introduced legislation on Thursday which exempts poker and some other games from the Internet gambling ban passed by Congress last year, according to Congressional insiders. By Gene Koprowski
Sportsbook.com, Others Take Wagers on 'Spelling Bee' Contest
Industry News. /
The Scripps National Spelling Bee has been the star of movies and books, and last week the final rounds of this year's championship were broadcast on network television in the U.S. By Gene Koprowski
Yahoo! Poker Gaining Momentum
Posted:2007/05/28
The new Yahoo! poker site, launched earlier this month, is gaining momentum, and is poised to be competitive with PartyPoker and PokerStars, according to industry experts. By Gene Koprowski
Gibraltar Casino Approves New Testing
Posted:2007/05/22
The government of the island of Gibraltar, a British overseas territory, and this week approved a London-based gaming auditor as an authority for testing and certifying online gambling equipment used by Internet casinos there. By Gene Koprowski
Kansas Lottery Back on Growth Track
Posted:2007/05/21
Ed Van Petten has put the Kansas Lottery back on a growth track, as the agency is now owning and operating racetrack slot operations and destination casinos. By Gene Koprowski
New Hollywood Slots Casino in Maine

After a brief break last week, construction crews are back at work on the new Hollywood Slots facility in Bangor, Maine. Developer Penn National said it could take about a week to get everything up and running again with the contractor on the downtown site. By Gene Koprowski
Revenues Up By 57 Percent at Online Casino Operator
Posted:2007/05/15
Vienna, Austria-based Bwin Interactive Entertainment Group (BWIN.VI), a leading online casino operator, today posted a 57 percent increase in first-quarter core earnings, according to company spokesman Konrad Sveceny. By Gene Koprowski
U.K. Government Reviving Plan for Casinos in Manchester

Outgoing British Prime Minister Tony Blair and his presumptive replacement Gordon Brown are pledging to revive plans to build 17 casinos in Manchester, an ailing industrial town in northern England. By Gene Koprowski
Neteller Launches New Pre-Paid Debit Card
Posted:2007/05/11
London-based Neteller Plc, the global online payments company, is debuting the first product in a new suite of "prepaid, reloadable debit and remittance cards" for customers throughout Europe and Asia. By Gene Koprowski
Repeal U.S. Internet Gambling Law Growing
Industry News. / Posted:2007/05/07
Just two weeks after Rep. Barney Frank (D-Mass.) introduced legislation to repeal the prohibition on Internet gambling in the U.S., more support for revising the controversial law is emerging in Washington D.C. By Gene Koprowski
Texas Tigua Tribe May Open Casino in New Mexico
Posted:2007/05/07
The Tigua tribe, a native American Indian band in Texas, recently indicated it wants to build a casino on 10 acres in nearby southern New Mexico. By Gene Koprowski
Asian Gambling Market Forecast
Posted:2007/05/04
A report released by international consulting firm PricewaterhouseCoopers forecasts that revenue from casinos and other gambling venues in Asia will grow by 14% a year by 2010 — making it the fastest-growing gaming market in the world. By Gene Koprowski
March Madness
Posted:2007/03/12
March is the greatest time of the year for college basketball fans. This is when the best 65 NCAA Division I teams compete for the right to win the national championship.