Mark Giannantonio, the CEO Of Atlantic City's Resorts Casino, predicted that 5 Atlantic City casinos would close, if the state built two casinos in North Jersey. Giannantonio spoke Thursday at the East Coast Gaming Congress, claiming the North Jersey casino initiative would be the effective death knell of Atlantic City's
The New York Gaming Association argued this week that fantasy sports should not be legalized in the state of New York, unless fantasy sports was tied to the existing brick-and-mortar gambling facilities in the state. The NYGA asked state legislators to kill any bill which would legalize daily fantasy sports,
The Pennsylvania House of Representatives rejected two amendments which would have expanded both land-based and online gambling. Both measures failed by significant margins, despite support from the Republican majority in the House. Republicans have fought for months to have state revenues increased through the expansion of gambling in the state.
The New Jersey House Judiciary Committee and its counterpart in the State Senate approved a compromise plan that gives Atlantic City a 150-day reprieve from a state takeover of its finances. The proposals are contained in two separate bills, which stipulate a number of provisions which would help Atlantic City
Phil Mickelson, the 5-time major winner on the PGA Tour, agreed to pay back nearly $1 million in profits from an insider trading deal. Mickelson is seen by federal authorities as having profited from insider trading, though he is not accused of any wrongdoing himself. The place is a part
In recent days, two of the most powerful NFL owners have given their public support to the Oakland Raiders' plan to move their franchise to Las Vegas. On Friday, New England Patriots' owner Robert Kraft voiced his support for Mark Davis and the Raiders organization. Last week, Dallas Cowboys owner
The Nevada Gaming Control Board filed a 6-count complaint against CG Technology, one of the Las Vegas's largest sportsbook operators. The complaint alleges the bookmaking business committed several violations, including underpaying winners and accepting bets after a match had started. The Gaming Control Board's complaints include the charge that CG
Nevada Governor Brian Sandoval wants to make an interstate poker compact with New Jersey. He expressed his thoughts at a Nevada Gaming Policy Committee hearing on Friday in Las Vegas. While the remarks were not strong, Gov. Sandoval expressed a certain amount of frustration with the inability to make a
In recent years, Michigan's horse racing industry has dwindled to two racetracks: Hazel Park Raceway and Northville Downs. In recent years, the casinos have quarreled over revenue sharing, as both racing complexes struggle to remain viable in the current gaming environment. Card clubs exist elsewhere in Michigan, while lottery gaming
The Normandie Casino is the oldest poker room in Calfornia, having opened under the name "Western Club" in 1947. A recent set of indictments might signal the end of the Normandie Casino, though. The current owners of the Normandie Casino pleaded guilty to money laundering charges in January 2016. No
Casino mogul Sheldon Adelson had a private meeting with Donald Trump this past week to discuss the upcoming U.S. presidential election. In that meeting, Sheldon Adelson indicated to the Republican Party's presumptive nominee that he was willing to contribute to the former casino executive's campaign. Early in the process, Adelson
PayPal announced this week it would stop offering customer protection services on online gambling transactions. The global payment processor announced the move with an updated terms and conditions page, a low-key way to announce a sweeping new policy. Gambling payments were not the only category of transaction added to the
