Ragaboo writes " A congressional report was recently released estimating that the regulation of Internet gambling could amount to around $42 billion in revenue for the U.S. government. Considering both the current financial climate and the fact (given the nature of the Internet) Americans are gambling online anyway, whether the government likes it or not, it seems like an incredible waste not...
Christmastreeaphobics still angry over Beshear reversal: Over at Barefoot and Progressive , they are under the impression that I have "worked myself up into a phony lather" about Gov. Grinch's replacement of the state Christmas tree with a "Holiday tree." I must have done a pretty good job of hiding my amusement. Why would it make me mad to see Beshear politically shoot himself...
When you win, you don't really win! It's a machine malfunction ! Good luck to Bill Seebeck on collecting his winnings against a bunch of politically connected casino operators. I'm betting on the snowball's chance in H*** as a more likely outcome. Just so you know the kind of crooks ethically challenged folks Ohio just got into bed with. Frankly, I've been against any and all casino initiatives. Like...
The Encore Beach Club, which we broke all the way back in August, is finally starting to take shape. This photo was posted to VegasTripping.com today (used with permission - thanks blackjacker1979). Yikes . It appears they've yanked out much of the plush-ness that was the Encore atrium. Here's what it looked like before Paul Bunyan came through: You can see that even the stuff around the edges of...
Shares of casino company Wynn Resorts Ltd. (NASDAQ: WYNN) rallied Thursday, gaining almost 10%, on news that Macau’s casino gambling revenue climbed 22.3% in the third quarter, as stated by the city’s Gaming Inspection and Coordination Bureau. In unrelated news, the AP reported that the Las Vegas-based company has dropped its bid for New York [...]
Investigators are looking into the behavior of Pinnacle Entertainment Inc.'s CEO during a zoning vote by the St. Louis County Council this week on a casino complex being developed by another company. Gaming Commission Executive Director Gene McNary said... Casino - Pinnacle Entertainment - Missouri - Gambling - United States
From Donovan v. Grand Victoria Casino & Resort (Oct. 30), in which the Indiana Court of Appeals so holds, and cites a 1982 New Jersey case so holding: [The casino] may not simply take refuge in the common law right of exclusion, inasmuch as it is the public policy of this State that gambling is subject [...]
Based on his view of business activity, UPS CEO Scott Davis believes the U.S. economy has clearly bottomed. He believes improving industrial production and global activity will lift the U.S. into recovery. UPS has good perspective on the U.S. economy, both in the near-term because of its intimate relationship with trade activity, and also in the long-term due to the fact that the company has been...
An agreement among the city's six casino operators and the city's government to cap the commissions paid to influential gambling intermediaries has been delayed until Dec. 1.
Nearly a year after it opened, Red Hawk Casino is still struggling. The casino's management company, Lakes Entertainment Inc., said Thursday that operating results at the Shingle Springs site continue to suffer from the poor economy. Red Hawk is enjoying "solid guest counts, but customer (spending) continues to be less than anticipated," said Lakes Chief Executive Lyle Berman on a conference...
When will we ever learn? Read this headline: Voters reject spending limits, OK Ohio casinos CHICAGO (Reuters) - Voters in the U.S. states of Maine and Washington on Tuesday rejected measures to limit spending, while Ohio's ailing economy swayed residents to approve casino gambling. Since you are smarter than me, you may have only needed to reread that once. Here is a little more about the measures:...
There's an article in CNET that there's a bill in the House that would require ISPs to block access to certain websites. Here's the story from CNET: "Now a U.S. House of Representatives bill is taking the unusual step of requiring Internet providers to block access to online financial scams that fraudulently invoke the Securities Investor Protection Corporation--or face fines and federal court...
International Game Technology on Thursday posted a fiscal fourth-quarter loss, but said it thinks demand for its slot machines and casino management systems has stabilized. The company posted a loss of $21.3 million, or 7 cents per share, compared with a... Slot machine - Casino - Gambling - Games - International Game Technology
A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
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