NEW YORK – An Internet poker company founder has been released on bail after he surrendered in New York last week to face charges he operated his business like a Ponzi scheme.
Casinos & Gaming
HONG KONG – Macau gambling company Melco Crown Entertainment is teaming up with the Philippines’ richest man to develop a $1 billion casino resort in Manila in a sign of the industry’s plans for rapid expansion in Asia.
PHILADELPHIA – Gross revenue from Pennsylvania slot machines rose 5.5 percent for the fiscal year that just ended, according to state figures, with tax revenue generated by casinos up 4.8 percent to $1.3 billion.
LITTLE ROCK, Ark. – Supporters of two separate efforts to legalize casinos in Arkansas have turned in petitions seeking to place the proposals on the ballot in November.
A new truck stop on Interstate 80 in Lovelock is adding a casino with 60 slot machines and a NASCAR-themed sports bar.
The founder of Internet poker company Full Tilt Poker, whose U.S. operations were shut down after criminal charges were brought last year, has pleaded not guilty in New York.