Industry News Archive Page 3

Gambling Growing Dramatically in Colorado
Posted:2007/09/20
Gambling revenues in Colorado are growing dramatically, as "gaming towns," including Central City, Cripple Creek and Black Hawk, reported $148 million in gaming revenue for the first two months of the 2007-2008 fiscal year, By Gene Koprowski
Super Heroes Come to Internet Gambling
Posted:2007/09/14
Marvel Super heroes – including The Fantastic Four and Spider-man – are now coming to online casinos. Online gambling software developer CryptoLogic Ltd., By Gene Koprowski
Feds Plan to Expand in Florida
Posted:2007/09/13
U.S. government officials are saying that they will give the Florida-based Seminole Indian Tribe "expanded casino gambling," an attorney for the tribe said. By Gene Koprowski
Online Casino 888.com Reports Revenues Rising
Posted:2007/09/10
Gibraltar-based online gambling firm, 888.com this week reported positive results for the first six months of the year, indicating that the U.S. gaming laws are not harming revenues. By Gene Koprowski
Casino Gambling Coming to Boston?
Posted:2007/09/04
The new governor of Massachusetts, Democrat Deval Patrick, is mulling the legalization of casino gambling in Boston. Returning from summer vacation, Patrick, By Gene Koprowski
MGM Mirage Signs $5 Billion Deal with Dubai
Posted:2007/08/27
MGM Mirage, the entertainment firm, has reached a deal with investors from Dubai World, giving the government-funded group a nearly 10 percent stake in the Las Vegas firm. By Gene Koprowski
Revenues Soar at 888 Holdings, Company To Expand

Online gaming company 888 Holdings this week posted a significant rise in profits, weathering the storm in American Internet gambling with panache. By Gene Koprowski
Republican Presidential Candidate Supports Internet Gambling
Posted:2007/08/17
Republican Congressman Ron Paul is running for president of the U.S. He's a favorite of the Internet crowd, particularly young people. By Gene Koprowski
Online Gambling Advertising Expanding in U.K.
Posted:2007/08/14
An online poker group that operates under the radar in the U.S., PokerStars.com, is advertising on British TV and radio. By Gene Koprowski
Online Gambling Backers Push for 'Age Verification' Software
Posted:2007/08/12
Internet gambling backers said that developments in "age verification" software -- now extensively deployed by cyber-casinos in Europe -- make it safe to repeal anti-Internet gaming legislation in the U.S. By Gene Koprowski
South Africa Legalizing Gambling
Posted:2007/08/07
Legislators in South Africa are preparing a measure which would legalize, and regulate, Internet gaming there. The bill is now under consideration in the National Assembly. By Gene Koprowski
MGM's Reports Increased Revenues
Posted:2007/08/07
The world's second-largest casino company, MGM Mirage said profit increased more than Wall Street analysts expected on "higher spending" at its Las Vegas resorts. By Gene Koprowski
California Considering Internet Gambling
Posted:2007/08/03
As California goes, so goes the U.S. That's an old political maxim. But now it has 21st century, cyberspace relevance. A proposal has been floated to create a state-owned Internet poker game. By Gene Koprowski
Proposed Online Gambling Rules
Posted:2007/07/31
New online gambling technologies and rules that are emerging will enable Internet casino operators to create an environment that is safer and more secure than even the best venues in Las Vegas, according to the Safe and Secure Internet Gambling Initiative. By Gene Koprowski
Legalized Poker, Blackjack Finally Coming to West Virginia
Posted:2007/07/27
The West Virginia Lottery Commission is still training new government employees to regulate poker and other table games, but it may take until the late fall or early winter of this year for the workers to learn all the new rules and regulations, government officials said. By Gene Koprowski
Troubled Stratosphere Sold

The always troubled Stratosphere was sold this week along with three other casino resorts. The $1.3 billion deal gets billionaire investor Carl Icahn out of the casino business... By Glenn Haussman
Gaming Revenues Soaring in Macau -- Again
Industry News. / Posted:2007/07/22
Revenues had set records during 2006 there, and seem set to do so once again this year, experts said. By Gene Koprowski
Italy to Emerge as Internet Gambling Center in Europe
Posted:2007/07/19
A new report by the Dublin-based firm, Research and Markets, indicates that Italy is going to emerge as a major gambling center in Europe in the coming years. By Gene Koprowski
Court Overturns Online Betting Ban in France
Posted:2007/07/16
The top court of France last week overturned a decision that prohibited a Maltese company from offering online betting on horse races in France. By Gene Koprowski
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