Industry News Archive Page 6

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.

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.

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.

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.

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.'

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,

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.

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...

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.

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.

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.

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.

Gambling is growing on the East Coast. But that's not the best news casino owners in Atlantic City have heard in a while.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

The Canadian gambling industry generated $15.4 billion last year, including profits of $10.6 billion, according to a national study released this week.

Rolling back a ban on online gambling just six months after it was approved by President Bush and Republican reactionaries on Capitol Hill...

Legislators in the Midwestern state of Indiana are mulling a move to let bars and restaurants sell small-wager paper gambling cards, as non-profit clubs there are already allowed to do, experts are telling Onlinecasinocrawler.com.

A new bill introduced this month by State Rep. Ron Marscio (R-Lower Paxton Township) proposes to raise the payout limit on small games of chance from $5,000 a week to $20,000 a week

The House of Representatives of the Midwestern state of Iowa this week passed a new law that will allow non-profit organizations that hold annual "casino nights" for fundraising to offer up to $10,000 in cash prizes to gamblers.

The tiny island of Macau has overtaken Las Vegas as the world's biggest earner of gambling revenue, according to the government of the Chinese province.

A new bill to end a ban on online gambling in America will be presented to the U.S. Congress in just over a week by Representative Barney Frank. Internet gambling in America was banned...