The National Indian Gaming Commission (NIGC) is continuing its efforts to better distinguish the Indian Gaming Regulatory Act (IGRA) standards for technological aids, which Indian Tribes may utilize to play bingo and similar Class II games without a Tribal-State compact, from slot machines and electronic facsimiles of games of chance which are Class III devices, […]
Tag Archives: bet
Consumers will continue to say otherwise, but rising gasoline prices aren’t keeping Americans from shopping normally, a prominent retailing consultant said Wednesday in Las Vegas. In recent months, worries surrounding fuel prices’ negative effects on the economy have led more U.S. consumers to say they’ll cut back at stores. But that talk means little to […]
Halfway through last Sunday’s Party Poker Million Guaranteed tournament I had visions of forever putting down the pen to live a life of luxury and leisure. The phone call to my boss Larry would have gone something like this.”Hello Larry, yeah this is Ryan.” “Good morning Mr. Best Poker Reporter ever.” (That’s my official title […]
As reported by the Associated Press: “Seven defendants named in a federal indictment of one of the world’s largest online gambling companies, BetOnSports, pleaded not guilty Monday to federal racketeering and mail and wire fraud charges. “Neil Kaplan and Lori Kaplan Multz, the brother and sister of BetOnSports founder Gary Kaplan, were among those pleading […]
From gamblers playing blackjack to investors picking stocks, humans make a wide range of decisions that require gauging risk versus reward. However, laboratory studies have not been able to unequivocally determine how the very basic information-processing “subcortical” regions of the brain function in processing risk and reward. Now, Steven Quartz and colleagues at the California […]
As reported by the Canadian Press: “A state trooper charged with running a massive gambling ring with retired hockey star Rick Tocchet and another man is due in court tomorrow, his lawyer says. “Craig Mitnick would not say yesterday why his client, James Harney, will be in New Jersey Superior Court, only that he is […]
Gaming industry investors found themselves snorkeling in July, as casino company stocks closed down for the third month in a row. The Dow Jones U.S. Gambling Index, a Dow Jones & Co. industry index of 64 publicly traded casino companies, closed at 525 Monday, down 6.25 percent from 560 at the end of June. Analysts […]
GWIN announced today the company has completed the first step in a comprehensive restructuring plan to strengthen the company’s balance sheet, and to retain the continued services of its key employee and founder, Wayne Allyn Root. Jeff Johnson, CFO of GWIN, stated, “Our chairman, Wayne Allyn Root, agreed to convert a six-figure liability of the […]
After four days of intense play, the first round of the world’s most prestigious poker tournament is complete with 3,200 players still vying to become the 2006 World Series of Poker Main Event Champion. The story so far from the Rio All-Suites Hotel and Casino in Vegas is the strong play of defending champions Joe […]
As reported by the Minneapolis Business Journal: “Seven of the most famous poker players in the country, including Phil Gordon and Howard Lederer, will file a lawsuit against WPT Enterprises in Los Angeles federal court today, alleging the parent company of the World Poker Tour violated antitrust laws, the poker players’ attorney said. “The lawsuit […]
John L. Parker’s cult classic Once a Runner has captivated high school distance runners for decades. The fictional book follows the journey of Quenton Cassidy, one of the nation’s top milers.Filled with excellent characters and memorable passages, my high school teammates passed the book around so many times that the cover was missing and the […]
Recent visitor data show that Southern Nevada’s once white-hot travel industry has cooled this year. And while it would be easy to lay the blame on soaring fuel prices, the real culprit — at least in May — was an absence of conventioneers. The Las Vegas Valley hosted more than 3.34 million visitors in May, […]
As reported by the Shanghai Daily: “China lottery sales amounted to approximately 70 billion yuan last year, said Wang Xuehong, director of the China Center for Lottery Studies at Peking University. “According to the center’s market survey, illegal betting revenue was tenfold of legal lottery sales, Wang said. “In recent several years, gambling funds have […]
Harrah’s Entertainment has realized that building a worldwide casino operation is going to play havoc on earnings. The gaming industry’s largest casino operator said Thursday its second-quarter earnings were affected by development costs and other factors related to growing a company with both domestic and international interests. Revenue for Harrah’s rose 67 percent in the […]