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Tag Archives: casinos

Seminoles once again blaze trail for Indian businesses

The Seminole Tribe of Florida fought the U.S. Army in the 1800s and resistedforced migration to Oklahoma. A century later, they rescued themselves frompoverty by becoming the first tribe to venture into the gambling business.Now is the time for an ambitious new challenge: being the first AmericanIndian tribe to buy a global company. The Seminoles […]

Tribe’s Hard Rock Deal Jibes With Past

The Seminole Tribe of Florida fought the U.S. Army in the 1800s and resistedforced migration to Oklahoma. A century later, they rescued themselves frompoverty by becoming the first tribe to venture into the gambling business.Now is the time for an ambitious new challenge _ being the first AmericanIndian tribe to buy a global company. The […]

Racing and gambling may be approved, but not yet

Premier Su Tseng-chang yesterday dismissed media reports claiming thegovernment would lift a ban on car and horse racing in June. The reportscited Chang Ching-sen, vice chairman of the Cabinet-level Council forEconomic Planning and Development (CEPD), as saying that the government mayopen car and horse racing in central and southern Taiwan in June. Chang saidthe CEPD, […]

Summit vows to help if gambling comes to area

Terry Fox figured there would be casino-style gambling in the Wichita areasome day. He also dreamed of building a church north of the city. He neverthought the two could happen at the same time. "It's God's timing," thepastor said. Just days after the Kansas Legislature approved expandedgambling in the state, which would pave the way […]

State mulls video gambling at Meadowlands

Cash-starved New Jersey will study whether putting video-lottery terminalsat the Meadowlands Racetrack can raise hundreds of millions of dollarswithout hurting Atlantic City casinos. Sen. Paul Sarlo, D-Bergen, said NewJersey has little choice but to put the machines at the North Jersey sportscomplex as nearby states expand and add gambling. "I don't want New Jerseyto remain […]

Committee OKs bill on gambling machines

A House committee approved a bill Wednesday that would legalize high stakeselectronic bingo games at greyhound dog tracks in Birmingham and Mobile. Thebill, by Rep. Marcel Black, D-Tuscumbia, provides for 20 percent of grossrevenue from the bingo games to be taxed with tax revenue helping to fundAlabama's Medicaid program. The bill would also outlaw other […]

US investigates Second Life gambling

"We have invited the FBI several times to take a look around in Second Lifeand raise any concerns they would like, and we know of at least one instancethat federal agents did look around in a virtual casino," Linden Lab's vicepresident Ginsu Yoon told the Reuters news agency. Linden Lab operates thephenomenally successful online service. […]

Macau earnings, Singapore ambitions and constipation

Even as 85-year-old Macau gambling mogul Stanley Ho is in hospitalundergoing treatment for constipation and an injured rectum, the word is outthat Macau has overtaken Las Vegas as the world's biggest casino draw.Macau's 22 casinos raked in over US$7 billion last year while Las Vegas' 40casinos lagged behind at US$6.6 billion. A few hours away, […]

Online Gambling and Online Poker Legalized in Poland

According to Polish newspaper, The Warsaw Voice, the country is planning tointroduce regulations to license and tax online gambling. The regulationsare similar to those in Italy, signalling that European markets arecontinuing to open up doors for online gambling. Poland's decision followsthe favourable ruling for online gambling and online poker in the Placanicacase by the European […]

Sedgwick County to vote on gambling Aug. 7

Sedgwick County residents will get the chance to vote on whether they want acasino in a special election Aug. 7. Voters will be asked if they approve ofhaving a destination casino in Sedgwick County and allowing slots at WichitaGreyhound Park. Sedgwick County commissioners agreed Tuesday that the bestday to hold a special election would be […]

Cons outweigh pros of Kansas gambling initiative

The state Legislature has made it possible to expand casino gambling inKansas. While gambling proponents hit the jackpot, the negativerepercussions from gambling will outweigh the economic benefits over thelong term. On Thursday, the Senate voted 21-19 to allow construction of fourstate-owned, privately managed casinos and the installation of 2,200 slotmachines at three dog and horse […]

FBI Still Undecided on ‘Second Life’ Gambling

FBI investigators have visited Second Life's Internet casinos at theinvitation of the virtual world's creator Linden Lab, but the U.S.government has not decided on the legality of virtual gambling. "We haveinvited the FBI several times to take a look around in Second Life and raiseany concerns they would like, and we know of at least […]

Blog Makes Mockery Of US Gambling Laws

Last year the Unlawful Online Gambling Bill looked to have made it illegalfor US Citizens to gamble online, including games like poker and at onlinecasinos. However, almost 6 months since the bill was passed there are stillpoker rooms and casinos allowing US players to play at their sites. Are theybreaking the law?Are the players breaking […]

Macau confirms record gambling revenues of over 7 bln usd last yr

The Macau government confirmed that 2006 was a record year for gamblingrevenues as it revealed that casino income exceeded 7.0 bln usd last year,outpacing that of Las Vegas' famous strip. The tiny southern Chineseenclave's 22 casinos generated 16.7 bln patacas in the final quarter, takingthe year's total gross gaming revenues to 56.2 bln patacas (7.2 […]