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At East Coast Gaming Conference, Sweeney Insists Atlantic City Is Alive and Well

At East Coast Gaming Conference, Sweeney Insists Atlantic City Is Alive and Well Atlantic City is 'far, far from dead.' That was the takeaway from the two-day East Coast Gaming Conference at Harrah's Waterfront Conference Center this week, as keynote speaker New Jersey Senate President Jim Sweeney sought to reassure attendees that the city would [...]

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Baazov Pleads Not Guilty to Insider Trading Charges, Trial Date to Be Set

Baazov Pleads Not Guilty to Insider Trading Charges, Trial Date to Be Set Baazov on Trial: Amaya CEO pleads not guilty to fraud charges and has vowed to contest them vigorously. David Baazov, Chairman, and CEO of Amaya Inc has pleaded not guilty to five counts of securities fraud, according to the Quebec Regulator, Autorité [...]

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Macau Gambling Revenue Falls Short of Estimates, Again

Macau Gambling Revenue Falls Short of Estimates, Again Macau gambling revenue slid 9.6 percent in May, according to data supplied by the southern Chinese territory's Gaming Inspection and Coordination Bureau. The city's nearly three dozen casinos collected 18.4 billion patacas ($2.3 billion) last month, some $240 million less than it did in May of 2015. [...]

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Trump Taj Mahal Poker Room Reopens in Atlantic City, But Attendance is Lackluster for Soft Kickoff

Trump Taj Mahal Poker Room Reopens in Atlantic City, But Attendance is Lackluster for Soft Kickoff The Trump Taj Mahal in Atlantic City folded on its poker room in February of 2015, but insisted at the time it would eventually buy back into the game. The Boardwalk resort said it was simply renovating the space, [...]

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Casino Magnate James Packer Says Macau Downturn Worse Than Anybody Imagined

Casino Magnate James Packer Says Macau Downturn Worse Than Anybody Imagined James Packer (right) with Robert De Niro during the opening of the Nobu that is new Hotel Manila, Philippines. James Packer, the billionaire that is australian casino mogul, has admitted that Macau's economic downturn has been 'more severe' than any of the gambling hub's [...]

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Massachusetts Gaming Commissioner Facing Ethics Research

Massachusetts Gaming Commissioner Facing Ethics Research Stephen Crosby is facing an ethics research over his actions during the approval for the Wynn Resorts casino in Everett. The Massachusetts casino licensing process has been fraught with lawsuits, accusations and campaigns for and against every proposed task, making it one of this most contentious video gaming expansions [...]

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Isle of Man to License Bitcoin Currency Use, As ‘Satoshi Nakamoto’ Is Finally Unmasked

Isle of Man to License Bitcoin Currency Use, As 'Satoshi Nakamoto' Is Finally Unmasked The Isle of Man has become the first online gambling jurisdiction to adopt changes to its regulation that will permit the use of Bitcoin and other virtual currencies for online gambling. The face of Satoshi Nakamoto revealed at last: Australian entrepreneur [...]

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Alabama Senate Committee Approves Gambling Expansion

Alabama Senate Committee Approves Gambling Expansion Del Marsh believes gambling revenues are the most readily useful way to balance Alabama's budget. An Alabama casino gambling bill narrowly passed away through committee last week, giving the legislation the chance to be heard by the complete State Senate. The bill, known as SB 453, passed through the [...]

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