Internet gambling has hit a wall in New Jersey just six months after launching. Figures released Thursday by the state Division of Gaming Enforcement show the casinos’ online operations took in $10.4 million in May, a decline of $1 million from April.
Casinos & Gaming
The stunning primary election defeat of House Majority Leader Eric Cantor, R- Va., Tuesday removed one of Sheldon Adelson’s closest Capitol Hill allies from office.
For a few hours Wednesday, the Moulin Rouge was open for gambling. Slot machine route operator United Coin managed 16 aging slot games for eight hours inside a trailer. The activity allowed the property’s ownership to keep the gaming rights for the location alive for another 18 months.
State gambling officials have voted unanimously to award the state’s first casino license to MGM Springfield, pending acceptance by the Las Vegas-based casino giant of a number of proposed terms and conditions.
The high-end gamblers who frequent Macau’s ultraritzy private gaming rooms are more interested in whether Cristiano Ronaldo can lead Portugal into the World Cup finals than knowing the next card to come out of the dealing shoe.
Longtime gaming industry executive Gavin Isaacs was named CEO of Scientific Games Corp. Tuesday. Isaacs most recently served as CEO of SHFL entertainment.
Las Vegas casino magnate Sheldon Adelson has decided to roll into a political battle over whether Florida should legalize medical marijuana.
The Borgata will get a refund of more than $88 million under a settlement it reached with Atlantic City over how much the city’s top casino should pay in property taxes.
State gambling regulators considering awarding the state’s first casino license to MGM Resorts International have given its proposed $800 million casino in Springfield high marks for building and site design.
Americans view casinos as they would any other business in their communities, according to a nationwide survey conducted on behalf of the American Gaming Association.
The stock price of slot machine giant International Game Technology surged almost 15 percent Monday after reports surfaced the company had been put up for sale.
Two separate investment reports downgrading prospects from the Macau gaming market sent stock prices reeling Monday for Nevada-based casino operators that have large holdings in Macau.
MGM Resorts International is nearing a final ruling on its bid to become Massachusetts’ first licensed casino operator, with a proposed $800 million project in Springfield. Starting Tuesday, the Massachusetts Gaming Commission will hold a series of meetings in Springfield and Boston leading up to a Friday vote on who receives the regional license.
Gaming expansion in Maryland is expected to challenge Penn National’s casino development in Charles Town, West Virginia.
Welcome to the future home of MGM Resorts International’s construction, training and job recruitment center for the $925 million MGM National Harbor.
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